Roger J Kerr looks ahead seeing the US cutting interest rates when most other countries are either increasing or holding. US dollar depreciation appears likely given mediocre US economic performance and Trump policy uncertainties

If not by the people, then in the people’s name. Chris Trotter spells out how Christopher Luxon and his coalition can win in 2026

Brian Easton notes that the government is still borrowing for consumption and suspects neither Nicola Willis nor Ruth Richardson actually understand what is behind their recent public spat

Foreign investors hesitant in China; Japan hawkish rate hike boosts bond yields; Malaysia's imports surge; US consumers unhappy but investors upbeat; UST 10yr at 4.15%; gold dips; oil stays low; NZ$1 = 57.6 USc; TWI-5 = 61.8