Breakfast briefing: Pretending inflation is under control

Interest.co.nz 3 h

New Zealand

Breakfast briefing: Pretending inflation is under control — Sources: Interest.co.nz

US domestic data positive but trade data weak; Canada trade data weaker; Yen rises; EU PPI high; Australia trade data soft; Dutch move their gold out of the US; UST 10yr at 4.77%; gold up while oil holds; NZ$1 = 58.9 USc; TWI-5 = 62.2

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Breakfast briefing: Pretending inflation is under control

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