Economy / News
Economy / News
Canadian inflation holds; China housing not improving, but GDP beats estimates; China retail weak but exports strong; global food prices & risks rise; UST 10yr at 5.14%; gold holds and oil stays well above US$100/bbl; NZ$1 = 56.6 USc; TWI-5 = 60.4
Currencies / Analysis
Currencies / Analysis
Risk sentiment improves, particularly for AI-sector, driving bounce-back for US equities. Commodity currencies outperform; NZD pushes higher. European assets underperform, with spillover of French riots across the region
Economy / News
Economy / News
Although manufacturing activity expanded at a 'notably stronger rate' in September, the latest Performance of Services Index shows services sector growth has slowed as businesses shift into a 'wait and see' mode ahead of the election
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What people are reading
Bonds / Opinion
8
The recent increase in rates is driven by a structural reset, not simply near-term economic factors. But there are limits notes David Skilling
Currencies / Analysis
US CPI data stronger than consensus sending US rates and USD higher; US equities lower with chunky falls. Then rates move retraced, leaving only small net change in yields. But equities and FX moves largely sustained
Technology / News
15
Morrison's Paul Newfield sees big opportunity for New Zealand from 'massive overflow opportunity of the AI industry needing to move out of the US'
Property / Analysis
22
Potential buyers likely to have all the power in negotiations as the housing market heads into what could be a rough summer for residential real estate
Bonds / News
20
The New Zealand Government has ‘run out of money’ 272 times since November 1997… …And you didn’t know about it until now
Technology / Opinion
13
The dotcom sharemarket bubble's bursting coincided with the flop of a Dutch company's IPO. Will an Aussie company's failed IPO be a marker for the bursting of the AI sharemarket bubble?
Economy / News
55
A review of things you need to know before you sign off on Wednesday; no retail rate changes, housing market quieter, tourism back to pre-pandemic levels, migration up modestly, dairy prices up, fiscal red flags, swaps stable, NZD firms, & more
Other News
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