NZ$
Everyone wants to know when the RBNZ will cut the OCR, but the central bank's likely to want to give as few clues as possible at its latest OCR review in the coming week
19th May 24, 6:01am
13
Everyone wants to know when the RBNZ will cut the OCR, but the central bank's likely to want to give as few clues as possible at its latest OCR review in the coming week
A review of things you need to know before you sign off on Friday; PPI's underpin inflation, Stobo to the FMA, S&P explains its Watercare position, swaps firmish, NZD on hold, & more
17th May 24, 3:59pm
16
A review of things you need to know before you sign off on Friday; PPI's underpin inflation, Stobo to the FMA, S&P explains its Watercare position, swaps firmish, NZD on hold, & more
US Treasuries see yields steadily higher, reversing the fall seen following the US CPI release the previous night. This hasn’t perturbed equity markets, with the Dow Jones index breaking 40,000 for the first time
17th May 24, 7:52am
US Treasuries see yields steadily higher, reversing the fall seen following the US CPI release the previous night. This hasn’t perturbed equity markets, with the Dow Jones index breaking 40,000 for the first time
A review of things you need to know before you sign off on Thursday; more mortgage cuts but a reverse mortgage rate hike, Fonterra speeds its transition, farm wallets shut, swaps ease, NZD rises, & more
16th May 24, 3:58pm
47
A review of things you need to know before you sign off on Thursday; more mortgage cuts but a reverse mortgage rate hike, Fonterra speeds its transition, farm wallets shut, swaps ease, NZD rises, & more
The widely anticipated US CPI data matched consensus expectations, a relief for investors after three consecutive upside surprises. The market brought forward expectations for Fed rate cuts triggering a strong rally across global asset markets
16th May 24, 8:10am
The widely anticipated US CPI data matched consensus expectations, a relief for investors after three consecutive upside surprises. The market brought forward expectations for Fed rate cuts triggering a strong rally across global asset markets
A review of things you need to know before you sign off on Wednesday; some small retail changes, big population rise, more offices to be built, tough household spending patterns, swaps stable, NZD firm, & more
15th May 24, 3:59pm
61
A review of things you need to know before you sign off on Wednesday; some small retail changes, big population rise, more offices to be built, tough household spending patterns, swaps stable, NZD firm, & more
Markets remain in a holding pattern ahead of key US CPI release. Much higher than expected US PPI in April, but only a short-lived market reaction, given downward revisions. Biden announces range of tariffs on Chinese imports
15th May 24, 8:11am
Markets remain in a holding pattern ahead of key US CPI release. Much higher than expected US PPI in April, but only a short-lived market reaction, given downward revisions. Biden announces range of tariffs on Chinese imports
A review of things you need to know before you sign off on Tuesday; BNZ falls into line, housing data 'cold', retail slump extends, population mix changes fast, passports issued slow, swaps & NZD on hold, & more
14th May 24, 3:59pm
34
A review of things you need to know before you sign off on Tuesday; BNZ falls into line, housing data 'cold', retail slump extends, population mix changes fast, passports issued slow, swaps & NZD on hold, & more
Consolidation everywhere as markets await US CPI. Various NZ economic data released continued the recent theme of an economy going backwards and inflation pressure receding
14th May 24, 7:33am
Consolidation everywhere as markets await US CPI. Various NZ economic data released continued the recent theme of an economy going backwards and inflation pressure receding
[updated]
A review of things you need to know before you sign off on Monday; Kiwibank & Westpac cut retail rates, auctions slow, food not pressing inflation, services contracting, expectations ease, swaps & NZD stable
13th May 24, 3:59pm
68
A review of things you need to know before you sign off on Monday; Kiwibank & Westpac cut retail rates, auctions slow, food not pressing inflation, services contracting, expectations ease, swaps & NZD stable
Influential RBNZ survey shows another decisive drop in the expectation of future levels of inflation in a result that will give the RBNZ comfort ahead of its Official Cash Rate decision next week
13th May 24, 3:41pm
20
Influential RBNZ survey shows another decisive drop in the expectation of future levels of inflation in a result that will give the RBNZ comfort ahead of its Official Cash Rate decision next week
Roger J Kerr sees a favourable case for further appreciation of the NZ dollar to the mid-0.6000s over coming months on the back of lower US interest rates (weaker USD) and higher Australian interest rates (stronger AUD)
13th May 24, 8:08am
4
Roger J Kerr sees a favourable case for further appreciation of the NZ dollar to the mid-0.6000s over coming months on the back of lower US interest rates (weaker USD) and higher Australian interest rates (stronger AUD)
US treasury yields moved higher, despite weak consumer sentiment data, as inflation expectations rose. Currency markets were broadly stable. The CAD outperformed after strong labour market data reduced the chance of a June rate cut there
13th May 24, 7:28am
US treasury yields moved higher, despite weak consumer sentiment data, as inflation expectations rose. Currency markets were broadly stable. The CAD outperformed after strong labour market data reduced the chance of a June rate cut there
[updated]
A review of things you need to know before you sign off on Friday; Westpac next to cut some rates, but raise one TD rate, PMI better but not good, job ads retreat, swaps stable, NZD holds, & more
10th May 24, 3:58pm
94
A review of things you need to know before you sign off on Friday; Westpac next to cut some rates, but raise one TD rate, PMI better but not good, job ads retreat, swaps stable, NZD holds, & more
Much weaker than expected US initial jobless claims figures triggered lower US Treasury yields and a weaker USD, although moves have been modest. The BoE signalled a rate cut was soon coming
10th May 24, 7:47am
Much weaker than expected US initial jobless claims figures triggered lower US Treasury yields and a weaker USD, although moves have been modest. The BoE signalled a rate cut was soon coming
[updated]
A review of things you need to know before you sign off on Thursday; a sharp concrete slowdown, NZGB yields fall, 2024 milk price locks in, Transpower issues warning, swaps up, NZD stable, & more
9th May 24, 3:59pm
127
A review of things you need to know before you sign off on Thursday; a sharp concrete slowdown, NZGB yields fall, 2024 milk price locks in, Transpower issues warning, swaps up, NZD stable, & more
Global markets confined to narrow ranges in the absence of first-tier economic data or other catalysts. Comments that the BoJ is watching the impact of the weak yen on inflation failed to provide support
9th May 24, 7:42am
Global markets confined to narrow ranges in the absence of first-tier economic data or other catalysts. Comments that the BoJ is watching the impact of the weak yen on inflation failed to provide support
A review of things you need to know before you sign off on Wednesday; ASB trims rates, dairy prices rise, insurance survey results released, Stats NZ rethinks census approach, swaps soft, NZD stable, & more
8th May 24, 3:59pm
132
A review of things you need to know before you sign off on Wednesday; ASB trims rates, dairy prices rise, insurance survey results released, Stats NZ rethinks census approach, swaps soft, NZD stable, & more
US Treasury yields continue to edge lower, with the 10-year rate down to a four-week low. The USD is stronger. A slightly less hawkish than expected RBA policy update sent Australian rates and the AUD lower
8th May 24, 8:13am
US Treasury yields continue to edge lower, with the 10-year rate down to a four-week low. The USD is stronger. A slightly less hawkish than expected RBA policy update sent Australian rates and the AUD lower
[updated]
A review of things you need to know before you sign off on Tuesday; tax take softens, ANZ cautious, mortgage borrowers go short, KiwiSavers who take risk doing best, Wayve makes the big-time, swaps stable, NZD unchanged, & more
7th May 24, 3:59pm
100
A review of things you need to know before you sign off on Tuesday; tax take softens, ANZ cautious, mortgage borrowers go short, KiwiSavers who take risk doing best, Wayve makes the big-time, swaps stable, NZD unchanged, & more
RBA policy update later today. Global rates are slightly lower. Yen weaker after last week’s strong recovery. Oil flat amidst ceasefire proposal talk for Gaza
7th May 24, 7:29am
RBA policy update later today. Global rates are slightly lower. Yen weaker after last week’s strong recovery. Oil flat amidst ceasefire proposal talk for Gaza
A review of things you need to know before you sign off on Monday; Auckland auction results gruesome, migrant remittances rise, commodity prices rise, swaps unchanged, NZD on hold, & more
6th May 24, 3:59pm
50
A review of things you need to know before you sign off on Monday; Auckland auction results gruesome, migrant remittances rise, commodity prices rise, swaps unchanged, NZD on hold, & more
Roger J Kerr says American currency 'bulls' will again be reviewing their positions as unsustainable, adding to the general US dollar selling pressure
6th May 24, 8:49am
1
Roger J Kerr says American currency 'bulls' will again be reviewing their positions as unsustainable, adding to the general US dollar selling pressure
US labour market data the services ISM were weaker than expected. This rekindled hopes for rate cuts by the Federal Reserve later this year which underpinned equities. US treasury yields declined sharply but rebounded off lows
6th May 24, 7:37am
1
US labour market data the services ISM were weaker than expected. This rekindled hopes for rate cuts by the Federal Reserve later this year which underpinned equities. US treasury yields declined sharply but rebounded off lows
A review of things you need to know before you sign off on Friday; ANZ & others changed retail rates, various reports of decline, RBNZ worried about cash, swaps soft, NZD holds, & more
3rd May 24, 4:00pm
81
A review of things you need to know before you sign off on Friday; ANZ & others changed retail rates, various reports of decline, RBNZ worried about cash, swaps soft, NZD holds, & more