Economy
Mohamed ElErian explains how to recalibrate expectations in the face of yet another forecasting failure
27th Apr 24, 9:36am
Mohamed ElErian explains how to recalibrate expectations in the face of yet another forecasting failure
Does fighting inflation always lead to recession? What 60 years of NZ data can tell us
27th Apr 24, 9:16am
11
Does fighting inflation always lead to recession? What 60 years of NZ data can tell us
An unexpected surge in American inflation demonstrates the danger of cutting interest rates while risks remain in the domestic and global economy
27th Apr 24, 9:00am
39
An unexpected surge in American inflation demonstrates the danger of cutting interest rates while risks remain in the domestic and global economy
US inflation sticky but consumer sentiment and spending unaffected; BofJ facing currency problems; China subsidises car buying; olive oil price jumps; UST 10yr 4.67%; gold firms and oil holds; NZ$1 = 59.5 USc; TWI-5 = 69.2
27th Apr 24, 8:35am
33
US inflation sticky but consumer sentiment and spending unaffected; BofJ facing currency problems; China subsidises car buying; olive oil price jumps; UST 10yr 4.67%; gold firms and oil holds; NZ$1 = 59.5 USc; TWI-5 = 69.2
A review of things you need to know before you sign off on Friday; consumer confidence slides, prioritising the mortgage (less), our taxes are low, our R&D spending is 'high' (?), swaps up, NZD stable, & more
26th Apr 24, 3:59pm
69
A review of things you need to know before you sign off on Friday; consumer confidence slides, prioritising the mortgage (less), our taxes are low, our R&D spending is 'high' (?), swaps up, NZD stable, & more
US growth slows but not inflation; US durable goods orders jump; eyes on Bank of Japan; China office vacancy rate surge; copper prices jump; UST 10yr 4.70%; gold firms and oil holds; NZ$1 = 59.5 USc; TWI-5 = 69.1
26th Apr 24, 7:36am
77
US growth slows but not inflation; US durable goods orders jump; eyes on Bank of Japan; China office vacancy rate surge; copper prices jump; UST 10yr 4.70%; gold firms and oil holds; NZ$1 = 59.5 USc; TWI-5 = 69.1
In a new episode of our Of Interest podcast, Jennifer Wilkins explains what the degrowth movement is about, and how degrowthers see the world
25th Apr 24, 7:30am
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In a new episode of our Of Interest podcast, Jennifer Wilkins explains what the degrowth movement is about, and how degrowthers see the world
[updated]
A review of things you need to know before you sign off on Wednesday; a tweak up in home loan rates, a huge trade balance improvement, NZGBs popular at a price; swaps firm, NZD on hold, & more
24th Apr 24, 3:59pm
74
A review of things you need to know before you sign off on Wednesday; a tweak up in home loan rates, a huge trade balance improvement, NZGBs popular at a price; swaps firm, NZD on hold, & more
American retail sales strong but factories ease; Strong demand for US Treasuries; Japan, Taiwan and India get rising factory activity; UST 10yr 4.60%; gold eases and oil rises; NZ$1 = 59.4 USc; TWI-5 = 69.1
24th Apr 24, 7:20am
79
American retail sales strong but factories ease; Strong demand for US Treasuries; Japan, Taiwan and India get rising factory activity; UST 10yr 4.60%; gold eases and oil rises; NZ$1 = 59.4 USc; TWI-5 = 69.1
A review of things you need to know before you sign off on Tuesday; no retail rate changes, FHB affordability stabilises, RBNZ squares off against ComCom, cruel retail summer, swaps ease, NZD holds, & more
23rd Apr 24, 3:59pm
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A review of things you need to know before you sign off on Tuesday; no retail rate changes, FHB affordability stabilises, RBNZ squares off against ComCom, cruel retail summer, swaps ease, NZD holds, & more
Prime Minister Christopher Luxon says New Zealand needs to demonstrate how it can contribute to security and prosperity in its own backyard or it will fall off the world map
23rd Apr 24, 2:39pm
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Prime Minister Christopher Luxon says New Zealand needs to demonstrate how it can contribute to security and prosperity in its own backyard or it will fall off the world map
Markets await positive earnings reports; China's LPRs on hold; Taiwan exports strong; EU sentiment still weak; Cocoa prices leap; UST 10yr 4.62%; gold drops and oil eases lower; NZ$1 = 59.2 USc; TWI-5 = 69.1
23rd Apr 24, 7:19am
82
Markets await positive earnings reports; China's LPRs on hold; Taiwan exports strong; EU sentiment still weak; Cocoa prices leap; UST 10yr 4.62%; gold drops and oil eases lower; NZ$1 = 59.2 USc; TWI-5 = 69.1
Job portal Seek says the number of job ads was down 0.4% in March across NZ, but a much steeper 27% since March 2023
22nd Apr 24, 4:41pm
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Job portal Seek says the number of job ads was down 0.4% in March across NZ, but a much steeper 27% since March 2023
A review of things you need to know before you sign off on Monday; business leaders 'optimistic', AirNZ profits retreat fast, banks told to police climate risks, hard to get out, swaps up, NZD up, & more
22nd Apr 24, 3:59pm
87
A review of things you need to know before you sign off on Monday; business leaders 'optimistic', AirNZ profits retreat fast, banks told to police climate risks, hard to get out, swaps up, NZD up, & more
US watches financial stability risks; China FDI very weak; flooding in southern China; German PPI deflation eases; many key metal prices surge; UST 10yr 4.62%; gold slips and oil stays low; NZ$1 = 58.9 USc; TWI-5 = 68.8
22nd Apr 24, 7:19am
74
US watches financial stability risks; China FDI very weak; flooding in southern China; German PPI deflation eases; many key metal prices surge; UST 10yr 4.62%; gold slips and oil stays low; NZ$1 = 58.9 USc; TWI-5 = 68.8
Patrick Watson reckons the potential for mass unemployment is lower than it used to be, so wonders if the US can have a recession if unemployment can’t rise
20th Apr 24, 9:12am
36
Patrick Watson reckons the potential for mass unemployment is lower than it used to be, so wonders if the US can have a recession if unemployment can’t rise
More pushback on Fed rate cut prospects; China FDI weak; Japan inflation stays high for them; German PPI deflation eases; Aussie bankruptcies jump; UST 10yr 4.65%; gold up again but oil stays low; NZ$1 = 58.9 USc; TWI-5 = 68.8
20th Apr 24, 8:33am
116
More pushback on Fed rate cut prospects; China FDI weak; Japan inflation stays high for them; German PPI deflation eases; Aussie bankruptcies jump; UST 10yr 4.65%; gold up again but oil stays low; NZ$1 = 58.9 USc; TWI-5 = 68.8
A review of things you need to know before you sign off on Friday; SBS Bank's mortgage rate cut grabs attention, Fitch sees local big banks positively, Aussie business bankruptcies jump, swaps stable, NZD devalues, & more
19th Apr 24, 3:59pm
18
A review of things you need to know before you sign off on Friday; SBS Bank's mortgage rate cut grabs attention, Fitch sees local big banks positively, Aussie business bankruptcies jump, swaps stable, NZD devalues, & more
Richard Werner argues the Bank of Japan raising interest rates for the first time in 17 years was a move to support the US dollar
19th Apr 24, 11:34am
21
Richard Werner argues the Bank of Japan raising interest rates for the first time in 17 years was a move to support the US dollar
IMF warns on hedge fund short bet risks; US data positive except for housing; eyes on Japanese inflation; Aussie jobless rate creeps up; freight rates ease; UST 10yr 4.65%; gold up but oil stays low; NZ$1 = 59 USc; TWI-5 = 69
19th Apr 24, 7:19am
55
IMF warns on hedge fund short bet risks; US data positive except for housing; eyes on Japanese inflation; Aussie jobless rate creeps up; freight rates ease; UST 10yr 4.65%; gold up but oil stays low; NZ$1 = 59 USc; TWI-5 = 69
A review of things you need to know before you sign off on Thursday; a main bank trims TD rates, agent commissions stable, tractor sales very low, Tower's prospects improve, swaps hold, NZD firmish, & more
18th Apr 24, 3:59pm
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A review of things you need to know before you sign off on Thursday; a main bank trims TD rates, agent commissions stable, tractor sales very low, Tower's prospects improve, swaps hold, NZD firmish, & more
US interest rates rise; Beige Book confirms modest US expansion, which might be better than it seems; Japan exports jump; China meat prices fall; UST 10yr 4.59%; gold down and oil down sharply; NZ$1 = 59.1 USc; TWI-5 = 69
18th Apr 24, 7:20am
84
US interest rates rise; Beige Book confirms modest US expansion, which might be better than it seems; Japan exports jump; China meat prices fall; UST 10yr 4.59%; gold down and oil down sharply; NZ$1 = 59.1 USc; TWI-5 = 69
New Zealand aims to triple trade with Thailand over two decades as South East Asia’s middle class grows
18th Apr 24, 6:53am
11
New Zealand aims to triple trade with Thailand over two decades as South East Asia’s middle class grows
There weren't too many surprises in the new inflation figures out of Statistics NZ, but there’s enough in the data to keep the RBNZ nervous
17th Apr 24, 4:01pm
17
There weren't too many surprises in the new inflation figures out of Statistics NZ, but there’s enough in the data to keep the RBNZ nervous
A review of things you need to know before you sign off on Wednesday; house sales weaker than realtors want; inflation stickier than RBNZ wants, dairy prices hold; lakes fill up; swaps up, NZD recovers, & more
17th Apr 24, 3:59pm
76
A review of things you need to know before you sign off on Wednesday; house sales weaker than realtors want; inflation stickier than RBNZ wants, dairy prices hold; lakes fill up; swaps up, NZD recovers, & more