The week ahead

There's an awful lot happening across financial markets at the moment. US shares have fallen for three weeks in a row, while 10-year Treasury yields are close to the highest levels since 2007. China has found itself in a challenging situation with weak domestic demand, fears of deflation, a troubled housing market and concerns over the shadow lending sector. New Zealand farmers are feeling the brunt of this, with Fonterra cutting its milk payout forecast for the second time in a fortnight on Friday, although none of this has stopped the Reserve Bank warning us of the potential for more hikes in the Official Cash Rate if inflation doesn't start behaving. Then there's the NZX earnings season, which started last week and really ramps up in the days ahead. Find out which stocks were hot, which were not, and everything else you need to know to keep up with global markets this week!