The earlier suggestion of imminent recession in the US may only have been from summer keyboard warriors. The Australian 10 year bond yield starts today at just on 4.02% and up +13 bps after the RBA review. The Kiwi dollar starts today up +¼c from this time yesterday at just on 59.6 USc. That all means our TWI-5 starts today at 68.2 and up +20 bps. The bitcoin price starts today at US$56,690 and up +3.9% from where we left it yesterday continuing the recent volatility.

Source: New Zealand Herald August 07, 2024 01:41 UTC