Bonds
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
[updated]
A review of things you need to know before you sign off on Thursday; FHBs have smaller deposits, less pollution, NZGB demand strong, the 'best' of expensive options, swap curve steepens, NZD falls back, & more
26th Sep 24, 4:00pm
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A review of things you need to know before you sign off on Thursday; FHBs have smaller deposits, less pollution, NZGB demand strong, the 'best' of expensive options, swap curve steepens, NZD falls back, & more
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
A review of things you need to know before you sign off on Wednesday; new fintech launches, lots about dairy, FHB demand sags, bank switching more popular, cameras reduce retail crime, swaps soft, NZD firm, & more
25th Sep 24, 3:59pm
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A review of things you need to know before you sign off on Wednesday; new fintech launches, lots about dairy, FHB demand sags, bank switching more popular, cameras reduce retail crime, swaps soft, NZD firm, & more
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
A review of things you need to know before you sign off on Tuesday; some more TD trimmings, job confidence slips, injury claims lower, eyes on Fonterra and the RBA, swaps stay soft, NZD firm, & more
24th Sep 24, 3:59pm
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A review of things you need to know before you sign off on Tuesday; some more TD trimmings, job confidence slips, injury claims lower, eyes on Fonterra and the RBA, swaps stay soft, NZD firm, & more
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
A review of things you need to know before you sign off on Monday; underwater estimate, kiwifruit to the rescue, rush for debt & equity funding, ACCC moves against supermarkets, swaps & NZD hold, & more
23rd Sep 24, 3:59pm
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A review of things you need to know before you sign off on Monday; underwater estimate, kiwifruit to the rescue, rush for debt & equity funding, ACCC moves against supermarkets, swaps & NZD hold, & more
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
[updated]
A review of things you need to know before you sign off on Friday; some big banks make some small rate moves, some want faster rate cuts, credit card activity weak, swaps soft, NZD stays firm, & more
20th Sep 24, 3:59pm
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A review of things you need to know before you sign off on Friday; some big banks make some small rate moves, some want faster rate cuts, credit card activity weak, swaps soft, NZD stays firm, & more
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
A review of things you need to know before you sign off on Thursday; economy shrinks, spending sinks, job openings slide, 'fairness' surveyed, financial markets settle after the Fed, swaps rise, NZD firm, & more
19th Sep 24, 3:59pm
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A review of things you need to know before you sign off on Thursday; economy shrinks, spending sinks, job openings slide, 'fairness' surveyed, financial markets settle after the Fed, swaps rise, NZD firm, & more
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
A review of things you need to know before you sign off on Wednesday; more retail rate cuts, sentiment less pessimistic, no improvement in current account deficit, swaps await the Fed, NZD does too, & more
18th Sep 24, 3:59pm
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A review of things you need to know before you sign off on Wednesday; more retail rate cuts, sentiment less pessimistic, no improvement in current account deficit, swaps await the Fed, NZD does too, & more
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
A review of things you need to know before you sign off on Tuesday; Kiwibank grabs a mortgage rate mantle, residential market not a happy place for sellers, farmers mood gets spring lift, swaps soft, NZD firm, & more
17th Sep 24, 3:59pm
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A review of things you need to know before you sign off on Tuesday; Kiwibank grabs a mortgage rate mantle, residential market not a happy place for sellers, farmers mood gets spring lift, swaps soft, NZD firm, & more
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
[updated]
A review of things you need to know before you sign off on Monday; service sector crawls 'faster', Auckland Airport charges ahead, new weedkiller restricted, 'critical' minerals listed, swaps & NZD stable, & more
16th Sep 24, 4:00pm
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A review of things you need to know before you sign off on Monday; service sector crawls 'faster', Auckland Airport charges ahead, new weedkiller restricted, 'critical' minerals listed, swaps & NZD stable, & more
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
Sheryl Sutherland says if you have a long term investment horizon, why have bonds in your portfolio? She assesses what drives the usual recommended portfolio balance
14th Sep 24, 9:01am
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Sheryl Sutherland says if you have a long term investment horizon, why have bonds in your portfolio? She assesses what drives the usual recommended portfolio balance
A review of things you need to know before you sign off on Friday; TD rates slip as DCS gets closer, August REINZ data soft, PMI up but still contracting, bank settlement balances dive, swaps hold, NZD firms, & more
13th Sep 24, 3:59pm
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A review of things you need to know before you sign off on Friday; TD rates slip as DCS gets closer, August REINZ data soft, PMI up but still contracting, bank settlement balances dive, swaps hold, NZD firms, & more
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
A review of things you need to know before you sign off on Thursday; retail spending shows tiny rise, price indexes confirm lower inflation, CoreLogic sees soft house prices, NZGB yields jump, swaps and NZD slip, and more
12th Sep 24, 3:59pm
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A review of things you need to know before you sign off on Thursday; retail spending shows tiny rise, price indexes confirm lower inflation, CoreLogic sees soft house prices, NZGB yields jump, swaps and NZD slip, and more
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
[updated]
A review of things you need to know before you sign off on Wednesday; migration up/citizens leaving down, dairy powder prices stay elevated, generator consolidation, swaps stable, NZD firmish, & more
11th Sep 24, 3:59pm
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A review of things you need to know before you sign off on Wednesday; migration up/citizens leaving down, dairy powder prices stay elevated, generator consolidation, swaps stable, NZD firmish, & more