US stocks down 0.3%
Eurostoxx down 1%
Synchronised slowdown
Central bank inaction
Fiscal austerity rules
Deleveraging spiral
No obvious way out
Lower for longer
NZ$ down to 79.1 USc
New US sanctions
On Iran
US Navy buildup
Hoarding of cash
In safe havens
US Treasuries
Japanese bonds
Record low yields
US 30 yr bond
Auction 2.58%
10 yr yield 1.46%
US dollar stronger
Yen stronger
Vs Pound and Euro
And NZ dollar
Australian jobs
Down 27k in June
Weaker than forecast
BoJ against stimulus
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