AGP Executive Report
Last update: 7 hours agoRates & Bonds: New Zealand’s NZX 50 slid in a broad selloff as rising bond yields and higher oil prices weighed on rate-sensitive stocks, with Ryman Healthcare hitting a 16-year low. Central Banking: Australia’s RBA delivered a rate hike, saying inflation is still too high and it will keep tightening until it’s back on target. Tech & Markets: Oura postponed its US IPO as investors grew more cautious amid higher bond yields and worries about AI infrastructure spending; OpenAI also canned a GPT-6.1 model release over safety concerns. Energy & Risk: Europe braces for a costly winter as gas buffers thin, with EU storage around 70% full and prices still well above last year. UK Funding Costs: The UK paid the highest yield on 10-year debt since 1999 at a gilt auction, lifting the cost of servicing national debt. Commodities: Tungsten prices have roughly tripled since January, while gold is pressured by rates and the dollar. Healthcare Demand: Market reports highlight continued growth in areas like RF testing gear, renewable aviation fuel, and medical devices such as RNS systems.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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