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We follow the economic events and trends that affect New Zealand.
Commodities surge, including dairy prices. US services sector cools, car sales modest. China car sales hit record. Notable China climate shift; Precious metals all up sharply but oil lower.
China pushes internal growth plans, restricts silver exports. Korean exports rise fast. US factories stutter. Aussie house price growth shows signs of exhaustion.
Dairy prices fall hard again. US jobs data messy, retail data soft. Japan, India, the EU and Australia all get rising PMIs. Australian consumer mood slips.
US data hesitant; Canadian data mixed; Japan sentiment rises; China data weak; Hong Kong trashes its democracy; India exports rise; UST 10yr at 4.18%; gold hovers near record; oil lower; NZ$1 = 57.9 USc; TWI-5 = 62
US data generally positive. Japan ready for rate rise, machine tool orders strong. Taiwan exports stars again. German exports rise. Silver at new record. Oil falls on glut fears
US inflation expectations stable. US forced to subsidise farmers. Japan GDP shrinks. China exports zoom, surplus tops U$1 tln. German industrial production rises.
US credit card debt rises, sentiment less bad. Canadian jobs rise on part-time work. China reserves inch up. India cuts. Japan spending falls. FAO food prices dip.
US labour pressures remain. EU retail sales rise. Australian household spending up. Supply chain pressures ease. But freight rates rise sharply this week.
