Here's our summary of key economic events overnight that affect New Zealand, with news China seems to be emerging from its doldrums. It rose for a fourth month in April, a fresh high since September and came in better than expected. Separately, IMF data shows that China will be the top source of economic growth in the next five years, followed by India and the US. More than 20% of that growth will come from China's expansion, with more than 10% from each of the other two. And their 30 day-10yr curve is now inverted at -43 bps and inverted substantially less.

Source: Stuff April 17, 2023 22:40 UTC