Here's our summary of key economic events overnight that affect New Zealand, with a lot of "good news" on the economic front in the major economies. Much of this data is first-tier, and shows an American economy powering ahead and likely to avoid a recession. The cost of containerised freight rose last week, a second week this has happened and confirming the bottom may have been reached. The UST 10yr yield will start today at 4.01% and up an unusual +16 bps from this time yesterday. The easiest place to stay up with event risk today is by following our Economic Calendar here ».

Source: Stuff July 28, 2023 01:49 UTC