Here's our summary of key economic events overnight that affect New Zealand, with news Moody's has downgraded the Chinese economy's outlook. The Australian 10 year bond yield is now at 4.29% and down a very sharp -26 bps from yesterday. The Kiwi dollar starts today at 61.3 USc and down another -40 bps from yesterday. That all means our TWI-5 starts today just on 70.5 and down a mere -10 bps from this time yesterday. The bitcoin price starts today at US$42,725 and up another +2.7% from this time yesterday.
