Here's our summary of key economic events overnight with news we need to keep an eye on a large drought developing in north-east China. A week ago it was 4.70% so relatively little change here. The price of gold will start today up +US$32 from yesterday at US$2333/oz and up +US$30 from a week ago. That all means our TWI-5 starts today down -20 bps at just on 71 which in turn is up +40 bps from a week ago. And that is down -5.2% from the US$69,031 a week ago.

Source: Stuff June 15, 2024 08:43 UTC