New Zealand GDT price index -5.0%

50-yr mortgage proposal: lower monthly payments but higher total interest, slow equity build. 15-yr car loan risky, negative equity likely.

Fed officials signal no rate cut in Dec. amid sticky inflation & data gaps. Traders eye March for easing.

GNRC +2.9%, REVG +3.2%, PLUG +3.4%, REZI +5.1%, ULH +7.9% as value stocks rally on AI/tech valuation fears.

Fed's Collins: Still high inflation means mildly restrictive policy is still warranted Further remarks from Fed's Collins

Economic calendar in Asia Thursday, November 13, 2025 - Australian jobs report Asian Economic Calendar: Key Events and Consensus Expectations for 13 November 2025

Another mixed day for US stocks. The rotation out of tech and into Dow stocks continue Dow has its first close above 48K. Nasdaq is a lower. S&P is near unchanged

New Zealand electronic card retail spending rose 0.2% in October, while spending was up 0.8% year-on-year, Stats NZ said. The data, covering around two-thirds of core retail activity, points to modest but stabilising consumer demand.