NZ$
A review of things you need to know before you sign off on Friday; Cotality sees a glum housing market, construction activity better than expected, strong new car buying, flat card spending, Fidelity Life sold, swaps stable, NZX up, NZD recovers, & more
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A review of things you need to know before you sign off on Friday; Cotality sees a glum housing market, construction activity better than expected, strong new car buying, flat card spending, Fidelity Life sold, swaps stable, NZX up, NZD recovers, & more
Fed Governor Waller tempered expectations for a September hike. US equities rallied. The US dollar weakened broadly, while the yen led gains on firmer expectations of BoJ tightening
Fed Governor Waller tempered expectations for a September hike. US equities rallied. The US dollar weakened broadly, while the yen led gains on firmer expectations of BoJ tightening
[updated]
A review of things you need to know before you sign off on Thursday; the main banks move floating & savings rates, trade surplus tightens, terms of trade worsen, commodity prices slip, China service sector expands, swaps flat, NZD holds, & more
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A review of things you need to know before you sign off on Thursday; the main banks move floating & savings rates, trade surplus tightens, terms of trade worsen, commodity prices slip, China service sector expands, swaps flat, NZD holds, & more
RBNZ Governor Anna Breman hints at pause in OCR increases, but keen to prevent giving businesses the opportunity to hike prices
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RBNZ Governor Anna Breman hints at pause in OCR increases, but keen to prevent giving businesses the opportunity to hike prices
Risk sentiment improves with oil prices and US Treasury yields consolidating. Currency markets active, with the yen briefly surging, CAD outperforming after a hawkish Bank of Canada hold, and AUD supported by expectations of further RBA tightening
Risk sentiment improves with oil prices and US Treasury yields consolidating. Currency markets active, with the yen briefly surging, CAD outperforming after a hawkish Bank of Canada hold, and AUD supported by expectations of further RBA tightening
Bank economists split on October rate hike as RBNZ’s dovish shift signals a potential cash rate pause before the November 7 election
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Bank economists split on October rate hike as RBNZ’s dovish shift signals a potential cash rate pause before the November 7 election
After two Official Cash Rate hikes in a row, Reserve Bank Governor Anna Breman says it's likely there will be a further increase to the OCR but the timing is highly uncertain
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After two Official Cash Rate hikes in a row, Reserve Bank Governor Anna Breman says it's likely there will be a further increase to the OCR but the timing is highly uncertain
[updated]
A review of things you need to know before you sign off on Wednesday; no retail rate changes yet following the OCR hike, Auckland a buyers market, building consents high, Fonterra confirms good result coming, swaps dip, NZX firms, NZD drops, & more
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A review of things you need to know before you sign off on Wednesday; no retail rate changes yet following the OCR hike, Auckland a buyers market, building consents high, Fonterra confirms good result coming, swaps dip, NZX firms, NZD drops, & more
[updated]
RBNZ raises the Official Cash Rate by 25 basis points to 2.75%, delivering a back-to-back hike in an effort to curb inflationary pressures
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RBNZ raises the Official Cash Rate by 25 basis points to 2.75%, delivering a back-to-back hike in an effort to curb inflationary pressures
Middle East escalation is the dominant market driver, lifting oil prices sharply and weighing on global risk sentiment, with equities weaker and defensive sectors outperforming. Global bond yields have pushed higher
Middle East escalation is the dominant market driver, lifting oil prices sharply and weighing on global risk sentiment, with equities weaker and defensive sectors outperforming. Global bond yields have pushed higher
A review of things you need to know before you sign off on Tuesday; no retail rate changes but benchmark rates move up, TDs more popular, housing market soggy & good for buyers, swaps up, NZD down, NZD dips, & more
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A review of things you need to know before you sign off on Tuesday; no retail rate changes but benchmark rates move up, TDs more popular, housing market soggy & good for buyers, swaps up, NZD down, NZD dips, & more
Renewed US-Iran hostilities lifted oil prices, pilling over into higher global bond yields and weaker equity markets. US 10-year Treasury yield trades above 4.76%, its highest level since January 2025
Renewed US-Iran hostilities lifted oil prices, pilling over into higher global bond yields and weaker equity markets. US 10-year Treasury yield trades above 4.76%, its highest level since January 2025
A review of things you need to know before you sign off on Monday; Auckland new-build completions fade, business sentiment remains high, investors very concerned, large TDs popular, public service strike imminent, swap curve flattens, NZD hold, & more
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A review of things you need to know before you sign off on Monday; Auckland new-build completions fade, business sentiment remains high, investors very concerned, large TDs popular, public service strike imminent, swap curve flattens, NZD hold, & more
Roger J Kerr traces the conflicts building in the US between monetary and fiscal authorities, conflicts and changeable directions in Australia, but sees no conflicts in New Zealand
Roger J Kerr traces the conflicts building in the US between monetary and fiscal authorities, conflicts and changeable directions in Australia, but sees no conflicts in New Zealand
Front-end US Treasury yields rose sharply after Fed Chair Warsh’s hawkish Jackson Hole remarks. Market pricing for a September Fed hike increased to around 60%. The US dollar strengthened broadly
Front-end US Treasury yields rose sharply after Fed Chair Warsh’s hawkish Jackson Hole remarks. Market pricing for a September Fed hike increased to around 60%. The US dollar strengthened broadly