BRAKES GO ON IIThere are plenty of properties being offered at Auckland's Barfoot & Thompson's auctions but the sales rate is dropping away to only about half. NO CHANGEThe Chinese central bank reviewed its loan prime rates and left them unchanged today. LOCAL PANDEMIC UPDATEIn Australia Delta cases in Victoria have slipped to 1029 cases reported there today. In contrast, there was zero cases in New Zealand at the border, and 205 new community cases today with one death. The US Govt ten year is now at 1.56% and +1 bps firmer from when we opened this morning.

Source: New Zealand Herald November 22, 2021 04:10 UTC