In this week’s Monday Market Highlights, Milford Dealer Brendan Larsen discusses the fundamental factors that helped drive the rally in bonds last week, including a weak ISM report, less longer-dated US Treasury supply, and a soft non-farm payrolls report. He also discusses the weaker third quarter employment report in New Zealand, and stronger Australian retail sales that potentially add to the case for a hike from the RBA this week. In equity news, Brendan discusses how Brookfield and EIG’s bid for Origin Energy is hanging on by a thread, as well as Neuren’s strong royalty revenue and Internal Diagnostics weak first quarter update.
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