I dont think house prices will be rising anytime soon. Banks are reeling in their loan portfolios and given they are Australian banks in NZ there is no exception. The biggest problem now is a housing crash.

NZ Reserve Bank governor warns path for house prices unlikely to be smooth

Correct and many have fallen for this carry trade. Erdogan has brought this on himself . He is unpredictable and Turkey is an important buffer . It could well and truly escalate into something more serious . Risk off could be the new play here

Turkey's Erdogan stands by opposition to high interest rates

Trudeau is showing his loyalty to the UN which seems to be controlling his charter and being detrimental to his economic policy. The irony is that Saudi is on the human rights panel . The world gets stranger everyday

Saudi Arabia is said to begin selling off Canadian assets: FT

Of course they should and so should Australia .

RBNZ Governor Orr says if growth slows further below potential, [they] would cut OCR

This guy is all over the place. He has business sentiment going through the flow unemployment on the rise.

RBNZ Press Conference: rate outlook "balanced"

He could be in trouble with the regulators with his tweets . Tweets he has funding and considering to take the stock private before calling a trading halt . If this just to piss off the short sellers then watch this blow up in his face

Elon Musk says he might take Tesla private for $420 per share

Hes a hoax ..

Elon Musk says he might take Tesla private for $420 per share

Great input from BOA FX strategist ... How much are they paying him ?

Sterling could sink or soar 10% and is the ‘most interesting currency to trade,’ strategist...

starting to slow

Production in June 2018: -0.9% seasonally adjusted on the previous month

"One continuing source of uncertainty is the outlook for household consumption. Household income has been growing slowly and debt levels are high. The drought has led to difficult conditions in parts of the farm sector." This to me reads recession ...

Statement by Philip Lowe, Governor: Monetary Policy Decision

RBA have a massive problem . Its called private debt. The consumer has loaded themselves up with it and are struggling to live day to day. The jobs market are people working 2 jobs and some families are working 4 jobs to pay for their consumption. ...

Will RBA Buckle Under Yuan Weakness?

So you reckon the banks and 1% win of a global recession ? url History lesson 101

China won't accept U.S. trade 'blackmail': state media

see you at 7.00

Stable renminbi foreseen on Chinese central bank move

Lets see how the NZ PM Ardern handles this . I see some pressure on the NZD downside and it could spark panic as there are a few who have banked on the interest rate yield to get them by .

NZ Treasury warns drop in confidence and cooling housing market pose risks for Govt coffers

it will be a zero sum trade balance soon for China

China state media says U.S. escalates trade friction with China and turns international trade...

Lets see Ardern get out of this . She might want to turn to milk formula to try and boost the dairy market .

ANZ Commodity Price Index: Milk Shake

The Chinese debt bubble is seriously high .. Trade can keep it out of the limelight but with these tariff wars all will be exposed. MAGA maybe Trump slogan but I think his other is MCSA

China won't accept U.S. trade 'blackmail': state media