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Weekend briefing: China drought may have global echos

US sentiment slips; BofJ looks to decrease bond-buying; China new lending weak, car sales don't grow; drought in NE China a growing concern; UST 10yr 4.22%; gold up and oil stable; NZ$1 = 61.4 USc; TWI-5 = 71

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Breakfast briefing: Fed shifts to one 2024 cut, four in 2025

American inflation eases; the US Fed pushes back next rate cut; India's inflation sticky especially for food; China has no inflation; EU slaps tariffs on China EVs; UST 10yr 4.30%; gold and oil firm; NZ$1 = 61.9 USc; TWI-5 = 71.2

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Breakfast briefing: Container freight rates hit 3x last year's level

US jobless claims up modestly; US PPI stays low; eyes on China new yuan loans; China grants NZers visa-free entry; Aussie payrolls rise; UST 10yr 4.24%; gold down and oil stable; NZ$1 = 61.7 USc; TWI-5 = 71.2

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What Makes This Economist Think Two Fed Rate Cuts Are Possible This Year?

The U.S. Federal Reserve left the federal funds rate target unchanged on Wednesday and forecast just one interest rate cut for this year, but Capital Economics thinks two rate cuts are possible.

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Breakfast briefing: Growth needs productivity gains, IMF says

US and Canada report labour market status; China FX reserves rise; India holds despite food inflation rise; IMF warns US on deficits; UST 10yr 4.43%; gold and oil sag; NZ$1 = 61 USc; TWI-5 = 70.6

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