Jorge Arbache points out that apart from Wall Street, no other financial system has the capacity to absorb an exodus from America

US data stable but bond market loses faith it will stay like that; China FDI weak; Japanese inflation rises; Australia PMIs softer; Panama canal traffic restricted; UST 10yr at 4.74%; gold and oil prices up; NZ$1 = 59.8 USc; TWI-5 = 63.3

ACT's Paul Henry's details plan for 'world-class,' multi-billion dollar cancer centre

Keun Lee points out that emerging markets were once closing in on the G7, but that progress has slowed