2024 to get huge bond issuance; eyes on Chinese bank loan levels and US CPI; insurance premium rises drive Aussie inflation; air cargo rises; UST 10yr 4.00%; gold dips and oil slips; NZ$1 = 62.2 USc; TWI-5 = 70.7
A review of things you need to know before you sign off on Tuesday; no retail rate changes, construction slows, rentals boost vehicle sales, company taxes sag, commodity prices soften, swaps hold, NZD dips, & more
The New Zealand sharemarket continued to drift sideways while the Australian Reserve Bank kept its cash rate on hold but was still talking tough. The S&P/NZX.