Breakfast Briefing
Meat & dairy prices rise; Canadian jobs ease; Japan households edgy; US fixed mess on Japanese tariffs; Taiwan exports shine; UST 10yr at 4.29%; gold holds awaiting clarification but oil soft; NZ$1 = 59.6 USc; TWI-5 = 67.3
9th Aug 25, 8:03am
23
Meat & dairy prices rise; Canadian jobs ease; Japan households edgy; US fixed mess on Japanese tariffs; Taiwan exports shine; UST 10yr at 4.29%; gold holds awaiting clarification but oil soft; NZ$1 = 59.6 USc; TWI-5 = 67.3
US jobless claims stay high, inflation expectations do too; US farm trade turns negative; the BofE cuts its policy rate; China subsidises personal loans; UST 10yr at 4.25%; gold rises but oil soft; NZ$1 = 59.5 USc; TWI-5 = 67.3
8th Aug 25, 7:26am
35
US jobless claims stay high, inflation expectations do too; US farm trade turns negative; the BofE cuts its policy rate; China subsidises personal loans; UST 10yr at 4.25%; gold rises but oil soft; NZ$1 = 59.5 USc; TWI-5 = 67.3
US data mixed; Canadian house prices fall as volumes rise; India holds; China announces new subsidy; Aussie living cost pressure eases; Cook Islands a hub for deepsea mining; UST 10yr at 4.22%; gold and oil soft; NZ$1 = 59.4 USc; TWI-5 = 67.1
7th Aug 25, 7:21am
34
US data mixed; Canadian house prices fall as volumes rise; India holds; China announces new subsidy; Aussie living cost pressure eases; Cook Islands a hub for deepsea mining; UST 10yr at 4.22%; gold and oil soft; NZ$1 = 59.4 USc; TWI-5 = 67.1
US ISM services PMI in stagflationary phase; US household debt rises, student loan arrears swell; India services PMI booms; China services PMI improves; UST 10yr at 4.20%; gold firms and oil falls; NZ$1 = 59 USc; TWI-5 = 66.9
6th Aug 25, 7:18am
24
US ISM services PMI in stagflationary phase; US household debt rises, student loan arrears swell; India services PMI booms; China services PMI improves; UST 10yr at 4.20%; gold firms and oil falls; NZ$1 = 59 USc; TWI-5 = 66.9
US factory order data weak; US vehicle sales get FOMO boost; flooding hurts Beijing; inflation lingers in Australia raising questions for the RBA; UST 10yr at 4.19%; gold firms and oil slips; NZ$1 = 59 USc; TWI-5 = 67
5th Aug 25, 7:19am
22
US factory order data weak; US vehicle sales get FOMO boost; flooding hurts Beijing; inflation lingers in Australia raising questions for the RBA; UST 10yr at 4.19%; gold firms and oil slips; NZ$1 = 59 USc; TWI-5 = 67
Trump demands US data be sanitised; China PMIs show no progress, doubles down on consumer subsidies; India factories star again; markets go risk-averse; UST 10yr at 4.21%; gold firms and oil falls; NZ$1 = 59 USc; TWI-5 = 67.1
4th Aug 25, 7:19am
11
Trump demands US data be sanitised; China PMIs show no progress, doubles down on consumer subsidies; India factories star again; markets go risk-averse; UST 10yr at 4.21%; gold firms and oil falls; NZ$1 = 59 USc; TWI-5 = 67.1
US hit by larges jobs miss, shrinking factories; Ford says tariffs an own goal; China PMIs weaken, drives more subsidy support; India factories star; UST 10yr at 4.21%; gold firms and oil falls; NZ$1 = 59 USc; TWI-5 = 67.1
2nd Aug 25, 8:31am
25
US hit by larges jobs miss, shrinking factories; Ford says tariffs an own goal; China PMIs weaken, drives more subsidy support; India factories star; UST 10yr at 4.21%; gold firms and oil falls; NZ$1 = 59 USc; TWI-5 = 67.1
US data soft, inflation data higher; Canada holds on despite threats; Japan factories busy; China factories less busy; freight data shows mixed fortunes; UST 10yr at 4.36%; gold firms and oil falls; NZ$1 = 58.9 USc; TWI-5 = 67.4
1st Aug 25, 7:21am
10
US data soft, inflation data higher; Canada holds on despite threats; Japan factories busy; China factories less busy; freight data shows mixed fortunes; UST 10yr at 4.36%; gold firms and oil falls; NZ$1 = 58.9 USc; TWI-5 = 67.4
US Fed holds but markets react sharply; US surprisingly exempts refined copper from key tariff hit; Canada holds, Singapore holds; Aussie inflation eases; UST 10yr at 4.37%; gold drops and oil rises; NZ$1 = 58.9 USc; TWI-5 = 67.2
31st Jul 25, 7:23am
13
US Fed holds but markets react sharply; US surprisingly exempts refined copper from key tariff hit; Canada holds, Singapore holds; Aussie inflation eases; UST 10yr at 4.37%; gold drops and oil rises; NZ$1 = 58.9 USc; TWI-5 = 67.2
IMF firms global growth forecasts on resilience; China-US talks extended; US sentiment hurt by jobs worries; US signals much more debt raising; UST 10yr at 4.33%; gold and oil rise; NZ$1 = 59.6 USc; TWI-5 = 67.5
30th Jul 25, 7:20am
31
IMF firms global growth forecasts on resilience; China-US talks extended; US sentiment hurt by jobs worries; US signals much more debt raising; UST 10yr at 4.33%; gold and oil rise; NZ$1 = 59.6 USc; TWI-5 = 67.5
Signs tariff deals with the US may unravel; markets eye US Fed decisions; China FDI shrinks again; Indian industrial production up; UST 10yr at 4.42%; gold lower, oil firm; NZ$1 = 59.7 USc; TWI-5 = 67.6
29th Jul 25, 7:22am
14
Signs tariff deals with the US may unravel; markets eye US Fed decisions; China FDI shrinks again; Indian industrial production up; UST 10yr at 4.42%; gold lower, oil firm; NZ$1 = 59.7 USc; TWI-5 = 67.6
EU & US cut a tariff deal; China profits slip; Russia cuts rate sharply, Europe on even keel; German sentiment improves; US durable goods orders fall; UST 10yr at 4.39%; gold lower, oil soft; NZ$1 = 60.1 USc; TWI-5 = 67.7
28th Jul 25, 7:19am
4
EU & US cut a tariff deal; China profits slip; Russia cuts rate sharply, Europe on even keel; German sentiment improves; US durable goods orders fall; UST 10yr at 4.39%; gold lower, oil soft; NZ$1 = 60.1 USc; TWI-5 = 67.7
Eyes on EU-US tariff deal; US durable goods orders lame; China struggles with overcapacity; EU sentiment improves; Australia gets many roundtables; UST 10yr at 4.39%; gold lower, oil soft; NZ$1 = 60.1 USc; TWI-5 = 67.7
26th Jul 25, 8:36am
8
Eyes on EU-US tariff deal; US durable goods orders lame; China struggles with overcapacity; EU sentiment improves; Australia gets many roundtables; UST 10yr at 4.39%; gold lower, oil soft; NZ$1 = 60.1 USc; TWI-5 = 67.7
US factories slower but service sector rises; Canadian retail rises; India PMIs rise; India & UK sign trade deal; ECB ends rate cut cycle; container freight rates dip; UST 10yr at 4.41%; gold lower, oil stable; NZ$1 = 60.4 USc; TWI-5 = 67.8
25th Jul 25, 7:19am
1
US factories slower but service sector rises; Canadian retail rises; India PMIs rise; India & UK sign trade deal; ECB ends rate cut cycle; container freight rates dip; UST 10yr at 4.41%; gold lower, oil stable; NZ$1 = 60.4 USc; TWI-5 = 67.8
US data ho-hum; US-Japan tariff deal reached; EU looks for similar; Korea sentiment rises; Taiwan industry zooms; Australian leading index dips; UST 10yr at 4.39%; gold down while oil stable; NZ$1 = 60.4 USc; TWI-5 = 67.7
24th Jul 25, 7:19am
12
US data ho-hum; US-Japan tariff deal reached; EU looks for similar; Korea sentiment rises; Taiwan industry zooms; Australian leading index dips; UST 10yr at 4.39%; gold down while oil stable; NZ$1 = 60.4 USc; TWI-5 = 67.7