BNZ
Heartland signals to clients that will launch sharp home loan reductions soon, reclaiming a market-leading rate position
27th Sep 24, 11:13am
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Heartland signals to clients that will launch sharp home loan reductions soon, reclaiming a market-leading rate position
China's growth stimulus has supported risk appetite and Asia-Pacific currencies. The NZD is up 1%. Equities have increased to fresh record highs. Stronger US economic data drove higher US Treasury yields. Oil prices fell
27th Sep 24, 7:56am
China's growth stimulus has supported risk appetite and Asia-Pacific currencies. The NZD is up 1%. Equities have increased to fresh record highs. Stronger US economic data drove higher US Treasury yields. Oil prices fell
Global equity markets ease. The US dollar up off the recent lows. Oil prices looked past higher Middle East and declined on signs that supply disruptions in Libya are easing
26th Sep 24, 7:53am
Global equity markets ease. The US dollar up off the recent lows. Oil prices looked past higher Middle East and declined on signs that supply disruptions in Libya are easing
Risk appetites rising supported by a smorgasbord of Chinese easing measures to support their economy, while RBA update seen as dovish and weaker US consumer confidence also market moving events
25th Sep 24, 7:47am
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Risk appetites rising supported by a smorgasbord of Chinese easing measures to support their economy, while RBA update seen as dovish and weaker US consumer confidence also market moving events
Weaker euro area PMI data drove down rates in the region and dragged down the euro. UK PMI data weren’t as soft, while the US services PMI remained robust and inflation indicators were stronger
24th Sep 24, 7:49am
Weaker euro area PMI data drove down rates in the region and dragged down the euro. UK PMI data weren’t as soft, while the US services PMI remained robust and inflation indicators were stronger
Consumer NZ and BNZ tell MPs a public education campaign is required to promote data sharing
23rd Sep 24, 4:31pm
Consumer NZ and BNZ tell MPs a public education campaign is required to promote data sharing
Global equities couldn’t extend the previous Fed-inspired rally into the end of last week with major indices closing lower. Gold hit a fresh record high. Fed speaker remarks brought lower UST yields
23rd Sep 24, 7:22am
Global equities couldn’t extend the previous Fed-inspired rally into the end of last week with major indices closing lower. Gold hit a fresh record high. Fed speaker remarks brought lower UST yields
Banks keep chipping away at their term deposit rate offers, a trend likely to continue for a while yet. We reveal the reasons why
20th Sep 24, 11:42am
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Banks keep chipping away at their term deposit rate offers, a trend likely to continue for a while yet. We reveal the reasons why
In the afterglow of the Fed’s jumbo rate cut, US equities lift to fresh record highs. The US Treasuries curve has steepened. The USD is broadly weaker on higher risk appetite
20th Sep 24, 7:51am
In the afterglow of the Fed’s jumbo rate cut, US equities lift to fresh record highs. The US Treasuries curve has steepened. The USD is broadly weaker on higher risk appetite
Economists call for faster rate cuts as the recent slowdown in economic activity outpaces the 2008 recession
20th Sep 24, 6:00am
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Economists call for faster rate cuts as the recent slowdown in economic activity outpaces the 2008 recession
The US Federal Reserve began its easing cycle with a 50bps rate cut. The US dollar fell alongside treasury yields while equity markets gained immediately following the decision
19th Sep 24, 7:41am
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The US Federal Reserve began its easing cycle with a 50bps rate cut. The US dollar fell alongside treasury yields while equity markets gained immediately following the decision
Global asset markets and investors look ahead to the FOMC tomorrow morning. The market is pricing close to a 70% chance for a 50bps cut by the Fed
18th Sep 24, 7:48am
Global asset markets and investors look ahead to the FOMC tomorrow morning. The market is pricing close to a 70% chance for a 50bps cut by the Fed
Kiwibank responds to ANZ's home loan rate cuts with a new market-leading low 6.29% one year fixed rate
17th Sep 24, 8:20am
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Kiwibank responds to ANZ's home loan rate cuts with a new market-leading low 6.29% one year fixed rate
US rates are lower across the board on rising bets that the Fed will front-load the easing cycle with a 50bps rate cut this week. Lower rates support US equities but have worked against the USD, which is broadly weaker
17th Sep 24, 7:44am
US rates are lower across the board on rising bets that the Fed will front-load the easing cycle with a 50bps rate cut this week. Lower rates support US equities but have worked against the USD, which is broadly weaker
Activity in New Zealand’s services sector 'inched its way higher' during August
16th Sep 24, 11:53am
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Activity in New Zealand’s services sector 'inched its way higher' during August
Markets pricing the Fed’s first easing for the cycle this week at a toss up between 25bps and 50bps. The US Treasuries curve steepened further, with a short end-led rally in bonds
16th Sep 24, 7:20am
Markets pricing the Fed’s first easing for the cycle this week at a toss up between 25bps and 50bps. The US Treasuries curve steepened further, with a short end-led rally in bonds
BNZ trims some short rates for savers, a signal there will be much more change coming for savers over the next nine months
13th Sep 24, 10:09am
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BNZ trims some short rates for savers, a signal there will be much more change coming for savers over the next nine months
Oil prices rebounded from multi-year lows after a storm disrupted production in the Gulf of Mexico. Gold prices hit an all-time high. The ECB cut interest rates as expected
13th Sep 24, 7:47am
Oil prices rebounded from multi-year lows after a storm disrupted production in the Gulf of Mexico. Gold prices hit an all-time high. The ECB cut interest rates as expected
US CPI data drove a swing in US Treasury yields and slightly higher core inflation sees the curve flatter and slightly higher. USS equities recovered early losses to now show a decent gain
12th Sep 24, 7:41am
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US CPI data drove a swing in US Treasury yields and slightly higher core inflation sees the curve flatter and slightly higher. USS equities recovered early losses to now show a decent gain
The largest home loan lender cuts most fixed rates to have a market-leading offer for one and two year fixed mortgages
11th Sep 24, 5:59pm
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The largest home loan lender cuts most fixed rates to have a market-leading offer for one and two year fixed mortgages
The key market move has been a further chunky fall in oil prices. Lower oil prices have supported lower interest rates. US equities are modestly higher while in currency markets JPY has outperformed
11th Sep 24, 7:49am
The key market move has been a further chunky fall in oil prices. Lower oil prices have supported lower interest rates. US equities are modestly higher while in currency markets JPY has outperformed
US equities have rebounded after last week’s hefty loss but otherwise market movements have been well contained. UST rates little-changed, while the USD shows a modest broadly based gain
10th Sep 24, 7:46am
US equities have rebounded after last week’s hefty loss but otherwise market movements have been well contained. UST rates little-changed, while the USD shows a modest broadly based gain
US nonfarm payrolls weaker than expected pointing towards a cooling in US labour markets. The USD gained particularly against commodity currencies. Equities fell. UST yields declined as the yield curve steepened
9th Sep 24, 7:20am
US nonfarm payrolls weaker than expected pointing towards a cooling in US labour markets. The USD gained particularly against commodity currencies. Equities fell. UST yields declined as the yield curve steepened
Key challenger bank bucks the falling rate trend for term deposit savers, raising two key rates to market-leading (or close) levels
6th Sep 24, 3:07pm
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Key challenger bank bucks the falling rate trend for term deposit savers, raising two key rates to market-leading (or close) levels
Equity markets remain soft ahead of key US labour market data. Treasury yields and the US dollar are modestly weaker. Brent crude prices stabilised following Opec+ postponed production increase
6th Sep 24, 7:43am
Equity markets remain soft ahead of key US labour market data. Treasury yields and the US dollar are modestly weaker. Brent crude prices stabilised following Opec+ postponed production increase