90 seconds at 9 am: Greek default (news with Bernard Hickey)

Greek CDSes triggered
Forced restructure
US$3 bln plus
Controlled default
US jobs growth
Solid at 227k
Signs of recovery
Dow up 0.1%
Chinese trade deficit
Biggest in 22 years
European slowdown
Inflation to 3.2%
Hope for stimulus
Good in long run
Not in short run
Aussie iron ore
Labour's move
Foreign ownership
Block land sales
Unless benefits NZ

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90 seconds at 9 am: No Greek default (news with Bernard Hickey)

Greek default averted
ISDA rules no default
Some relief for banks
Greek 10 yr 36.4%
US stocks up 0.4%
US jobless claims
Down 2k to 351k
Weaker factory data
Chinese manufacturing
PMI expanded in Feb
3rd month of expansion
Less fear of hard landing
Chinese house prices
Down in February
Most in 19 months
NZ$ just under 84 USc
Aussie house price index
RP Data and Rismark
Derivative on markets
Bet on house prices
Thankyou to BNZ
Sponsorship over
Want to sponsor us?
bernard.hickey@interest.co.nz

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