No-one should prejudge the outcome of a Section 95 report, especially when the bank seems to chug along, Martien Lubberink says

US data mixed but bond markets remain sceptical; China PMIs expand; French bond risk leaps; Australian inflation rises but building consents fall; global air travel dips; UST 10yr at 5.30%; gold holds and oil falls further; NZ$1 = 56.3 USc; TWI-5 = 60.1

ANZ NZ's Michael Bullock goes back to the future, returning to the role of Chief Operating Officer he previously held for five years

Cotality says the housing market remains subdued with property values continuing to edge lower