The kiwi is a small, flightless bird as well as the nickname for the New Zealand dollar, which plunged overnight and caused markets to take flight.
Here, in microcosm, is the challenge we now face: this week, the country saw unemployment fall to an 11-year low, wage growth surge and inflation accelerate to 1.7% and yet the Reserve Bank of New Zealand...
Investors have piled into bonds such that more than $15trn worth are now negative yielding if held to maturity – a new record.
Knee-jerk reactions could become self-fulfilling
Poring through the FCA's new regulations
A fond farewell
What risk factors should investors look out for?