Here's our summary of key economic events overnight that affect New Zealand, with news supply is rising and demand is shifting away for energy intensity and efficiency reasons, so oil prices are falling. The UST 10yr yield starts today at 4.25% and -4 bps lower. Oil prices are down -US$1 at just over US$76.50/bbl in the US while the international Brent price is now just under US$81.50/bbl. The Kiwi dollar starts today at just under 60.9 USc and recovering about +¼c from this time yesterday. The bitcoin price starts today at US$51,699 and up a very strong +6.6% from this time yesterday.

Source: New Zealand Herald February 15, 2024 00:47 UTC