Fee paying overseas students and the children of foreign workers attending NZ schools both showing strong growth

Another week, more geopolitical risk, and solid moves up for wholesale interest rates. The recent stability of fixed mortgage rates seems ready to give way to a new push higher, despite lackluster housing demand

United States confirms new 12.5% tariff on New Zealand imports for 'failure to impose and effectively enforce a prohibition on the importation of goods produced with forced labor'

BNZ chief economist expects floating mortgage rates to hit 7% next year, house prices to remain flat this year, maybe rise 3% next year

The first crack in the dam appears with the Red Bank raising home loan and some term deposit rates in response to higher wholesale rate moves

US data reveals limp gains and higher rates; Canada data dour; Singapore surprises; China awaits stimulus decisions; Indonesia takes a risky turn; UST 10yr at 4.65%; gold firms; oil falls sharply; NZ$1 = 57.7 USc; TWI-5 = 61.6

A review of things you need to know before you sign off on Thursday; ASB ups one rate, overseas students back in volume, NZGBs popular at a price, Mercury stakes its AI claim, Rinehart loses on SpaceX, swaps firm, NZD soft, & more