ECB
Trump reacts to China's extension of rare earth export controls with fury; threatens massive lift in Chinese import tariffs. US equities tumble. Safe-haven currencies outperform, including JPY despite further political instability
13th Oct 25, 7:22am
Trump reacts to China's extension of rare earth export controls with fury; threatens massive lift in Chinese import tariffs. US equities tumble. Safe-haven currencies outperform, including JPY despite further political instability
US and European equities are weaker overnight and global rates modestly higher. USD broadly stronger and NZD/USD falls. Comments by Takaichi only provide temporary relief for the yen
10th Oct 25, 7:48am
US and European equities are weaker overnight and global rates modestly higher. USD broadly stronger and NZD/USD falls. Comments by Takaichi only provide temporary relief for the yen
US equities have recovered after their one-day dip, with investors disregarding warnings of a developing AI bubble. The NZD recovers a lot of its loss after the RBNZ’s dovish 50bps cut. OIS market prices in a full 25bps cut for November
9th Oct 25, 7:50am
US equities have recovered after their one-day dip, with investors disregarding warnings of a developing AI bubble. The NZD recovers a lot of its loss after the RBNZ’s dovish 50bps cut. OIS market prices in a full 25bps cut for November
US equities break winning streak to be modestly weaker. Weaker risk sentiment supports US Treasuries. All eyes on the RBNZ policy update today, with the meeting seen as a close call between a 25 or 50bps rate cut
8th Oct 25, 7:56am
US equities break winning streak to be modestly weaker. Weaker risk sentiment supports US Treasuries. All eyes on the RBNZ policy update today, with the meeting seen as a close call between a 25 or 50bps rate cut
New Japan LDP leader shocks the market - Japanese equities surge nearly 5%, JGB curve sharply steepens, and yen tumbles. NZD/JPY up 2%. French assets underperform and this weighs on euro
7th Oct 25, 7:46am
New Japan LDP leader shocks the market - Japanese equities surge nearly 5%, JGB curve sharply steepens, and yen tumbles. NZD/JPY up 2%. French assets underperform and this weighs on euro
The USD was broadly weaker in overnight trading, but moves were modest. US government shutdown brought delay of key US employment reports. US equities were little changed, and US Treasury yields pushed higher
6th Oct 25, 7:23am
The USD was broadly weaker in overnight trading, but moves were modest. US government shutdown brought delay of key US employment reports. US equities were little changed, and US Treasury yields pushed higher
Markets show only modest movements amidst a US government shutdown. US equities flat; US Treasuries trade narrow ranges; USD slightly stronger; oil prices lower for a fourth consecutive day
3rd Oct 25, 7:50am
Markets show only modest movements amidst a US government shutdown. US equities flat; US Treasuries trade narrow ranges; USD slightly stronger; oil prices lower for a fourth consecutive day
US government shutdown takes effect. Risk sentiment resilient. US equities recover from an initial dip and solid gains for European indices. ADP payrolls weaker than expected contributing to a rally for US treasuries
2nd Oct 25, 7:47am
US government shutdown takes effect. Risk sentiment resilient. US equities recover from an initial dip and solid gains for European indices. ADP payrolls weaker than expected contributing to a rally for US treasuries
US equities little changed as hopes for a last-minute deal to avoid a government shutdown fade. Oil extends recent decline. Limited movement across bond and currency markets. RBA leaves rates on hold and adopts more hawkish tone
1st Oct 25, 7:53am
US equities little changed as hopes for a last-minute deal to avoid a government shutdown fade. Oil extends recent decline. Limited movement across bond and currency markets. RBA leaves rates on hold and adopts more hawkish tone
Prediction markets put the risk of US shutdown at 70% which could delay key economic reports. The uncertainty supports US treasuries and gold reached a fresh record high. Oil falls on OPEC+ plans to increase supply
30th Sep 25, 7:51am
Prediction markets put the risk of US shutdown at 70% which could delay key economic reports. The uncertainty supports US treasuries and gold reached a fresh record high. Oil falls on OPEC+ plans to increase supply
S&P500 closes higher breaking a three day losing streak. US real spending beats expectations continuing the run of firm data. Core PCE deflator in line with consensus estimate
29th Sep 25, 7:34am
S&P500 closes higher breaking a three day losing streak. US real spending beats expectations continuing the run of firm data. Core PCE deflator in line with consensus estimate
Stronger than expected US economic data drove higher US rates, as markets pared scope for easier monetary policy. US equities are weaker for the third successive day. Broad gains in the USD
26th Sep 25, 8:00am
Stronger than expected US economic data drove higher US rates, as markets pared scope for easier monetary policy. US equities are weaker for the third successive day. Broad gains in the USD
Markets in cautious tone with modest falls in US equities and modestly higher US Treasury yields. The USD is broadly stronger and the NZD has underperformed. A hotter than expected Australian CPI pushed out RBA rate cut expectations
25th Sep 25, 7:57am
Markets in cautious tone with modest falls in US equities and modestly higher US Treasury yields. The USD is broadly stronger and the NZD has underperformed. A hotter than expected Australian CPI pushed out RBA rate cut expectations
Fed Chair Powell’s speech didn't provide fresh information on the policy outlook. US advance PMIs showed economic activity is holding up well. PMI readings mixed for Europeans
24th Sep 25, 7:52am
Fed Chair Powell’s speech didn't provide fresh information on the policy outlook. US advance PMIs showed economic activity is holding up well. PMI readings mixed for Europeans
US equities and gold have powered up to fresh record highs in the wake of the Fed restarting the easing cycle last week. US Treasuries have traded with a cautious tone, with rates nudging higher
23rd Sep 25, 7:30am
US equities and gold have powered up to fresh record highs in the wake of the Fed restarting the easing cycle last week. US Treasuries have traded with a cautious tone, with rates nudging higher