OCR

Westpac's Imre Speizer says significantly higher Australian cash rate shouldn't directly impact NZ rates if its cause is Aussie specific

Westpac's Imre Speizer says significantly higher Australian cash rate shouldn't directly impact NZ rates if its cause is Aussie specific

ASB economists stress the importance of studying 'high frequency' economic data at a time when our official GDP figures are both lagged and containing less reliable data than they did

ASB economists stress the importance of studying 'high frequency' economic data at a time when our official GDP figures are both lagged and containing less reliable data than they did

US equity markets were mixed, with a continued rotation out of technology stocks. US Treasuries stable with limited reaction to a firm services ISM. US dollar broadly stronger

US equity markets were mixed, with a continued rotation out of technology stocks. US Treasuries stable with limited reaction to a firm services ISM. US dollar broadly stronger

Positive indicators in labour market details, but Kiwibank economists say we need to see 'the labour market really turn, not just stabilise, to have confidence in the recovery'

Positive indicators in labour market details, but Kiwibank economists say we need to see 'the labour market really turn, not just stabilise, to have confidence in the recovery'

Lower tech stocks drive down US equities while investors rotate to value. Gold and silver prices recover strongly. RBA hikes as expected, supporting higher Australian rates and the AUD, with positive spillover into the NZD

Lower tech stocks drive down US equities while investors rotate to value. Gold and silver prices recover strongly. RBA hikes as expected, supporting higher Australian rates and the AUD, with positive spillover into the NZD

ANZ doesn't hold back with its latest fixed mortgage rate increases, raising all two years and longer. But they did also raise TD rates at the same time, even if it was for terms savers avoid

ANZ doesn't hold back with its latest fixed mortgage rate increases, raising all two years and longer. But they did also raise TD rates at the same time, even if it was for terms savers avoid

BNZ matches Westpac with a rate cut to its six month fixed home loan rate, but it raises its four and five year fixed rates in response to fast-rising wholesale costs

BNZ matches Westpac with a rate cut to its six month fixed home loan rate, but it raises its four and five year fixed rates in response to fast-rising wholesale costs

The US ISM manufacturing index makes a strong recovery. Markets settle after volatile open to the week; US Treasury yields push higher. Oil prices plunge nearly 5%

The US ISM manufacturing index makes a strong recovery. Markets settle after volatile open to the week; US Treasury yields push higher. Oil prices plunge nearly 5%

BNZ's Mike Jones says the cash flow release from mortgage repricing will remain a support for the economic recovery this year, albeit a dissipating one

BNZ's Mike Jones says the cash flow release from mortgage repricing will remain a support for the economic recovery this year, albeit a dissipating one

Stats NZ says falling interest rates helped push household living costs down below the official rate of inflation as measured by the Consumers Price Index in the past year

Stats NZ says falling interest rates helped push household living costs down below the official rate of inflation as measured by the Consumers Price Index in the past year

Markets digest Kevin Warsh’s nomination as Fed chair. US dollar advances. Treasury curve steeper and S&P closes lower. Extreme volatility in precious metals continues

Markets digest Kevin Warsh’s nomination as Fed chair. US dollar advances. Treasury curve steeper and S&P closes lower. Extreme volatility in precious metals continues

Labour market figures to be released in the coming week will likely show an improving picture overall for employment, but that might not yet be enough to see the unemployment rate drop from the nearly nine-year high it hit in September

Labour market figures to be released in the coming week will likely show an improving picture overall for employment, but that might not yet be enough to see the unemployment rate drop from the nearly nine-year high it hit in September

US equities fall on concerns about spending on AI infrastructure. Oil prices underpinned after Trump threats against Iran. Precious metals volatile

US equities fall on concerns about spending on AI infrastructure. Oil prices underpinned after Trump threats against Iran. Precious metals volatile

Westpac is the next to move its mortgage rate card up, with two exceptions. They won't be the last as a new rate hiking cycle gets underway

Westpac is the next to move its mortgage rate card up, with two exceptions. They won't be the last as a new rate hiking cycle gets underway

Following Trump's championing of a weaker US dollar, Bessent reaffirms the US "strong dollar" policy and it is absolutely not intervening in dollar-yen markets. RBA set to hike after high CPI inflation data

Following Trump's championing of a weaker US dollar, Bessent reaffirms the US "strong dollar" policy and it is absolutely not intervening in dollar-yen markets. RBA set to hike after high CPI inflation data