90 seconds @ 9am:Seventh straight fall
Dairy prices fall in US dollars
down 1.8% from previous auction
SMP, butter, cheese main movers
but in NZD terms prices were up.
EC accuses 3 banks of rate fixing
China gold demand falls 18%.
World gold demand down 5%.
Gold price now US$1,290/oz
UST 10yr at 2.52%, oil unchanged
US stocks down sharply
NZ$1 = 85.7 USc, 92.7 AUc
TWI at 79.8