To the markets, where the NZX50 has lost 13 points to 3,117.

AMP down 10c to $7.30, City of London down 5c to $5.45, Fisher & Paykel Appliances down 11c to 63c, Fletcher Building down 2c to $8.29, Goodman Property Trust down 1c to 99c, Guinness Peat Group down 1c to 89c, Pan Pacific Petroleum down 3c to 70c, Sky TV down 4c to $4.70, Telecom down 1c to $2.61, Telstra down 13c to $3.90.

AMP NZ Office Trust up 1c to 85c, Contact Energy up 2c to $5.78, marlin up 1c to 85c, Renaissance up 1c to 28c, Ryman Healthcare up 2c to $1.84, TeamTalk up 5c to $2.25, Xero up 1c to $1.33, Zintel up 1c to 35c.

The New Zealand dollar is trading at 71.16 US cents, 82.52 Australian cents, 48.59 euro cents, 64.85 yen and 44.40 pence.

The 90 day bank bill rate is 2.8 percent and the TWI is 65.10.