Breakfast briefing: Moody's trims China outlook - News Summed Up

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Breakfast briefing: Moody's trims China outlook


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.


Source: Stuff December 06, 2023 06:30 UTC



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