NZ$
Inflation projected to soften slightly and temporarily in September quarter, economists say, with big concerns raised for the future due to rising fuel prices, weak currency adding to inflation pressures
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Inflation projected to soften slightly and temporarily in September quarter, economists say, with big concerns raised for the future due to rising fuel prices, weak currency adding to inflation pressures
A review of things you need to know before you sign off on Friday; reduced r/e commissions, inflation's effects spotty, retail sales stunted, personal bankruptcies stay low, solar struggles, dour credit conditions, swaps stable, oil up, NZD firms, & more
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A review of things you need to know before you sign off on Friday; reduced r/e commissions, inflation's effects spotty, retail sales stunted, personal bankruptcies stay low, solar struggles, dour credit conditions, swaps stable, oil up, NZD firms, & more
Global equities stabilised, but tech underperformed amid renewed doubts over the durability of the AI investment cycle. US Treasuries rallied on risk aversion, with flattening despite firm PPI data
Global equities stabilised, but tech underperformed amid renewed doubts over the durability of the AI investment cycle. US Treasuries rallied on risk aversion, with flattening despite firm PPI data
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A review of things you need to know before you sign off on Thursday; AI market ructions, more job ads, gloomy housing outlook, few winners at NZGB or LGFA bond tenders, Aussie labour market surprise, swaps lower, NZD firms, & more
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A review of things you need to know before you sign off on Thursday; AI market ructions, more job ads, gloomy housing outlook, few winners at NZGB or LGFA bond tenders, Aussie labour market surprise, swaps lower, NZD firms, & more
US CPI data stronger than consensus sending US rates and USD higher; US equities lower with chunky falls. Then rates move retraced, leaving only small net change in yields. But equities and FX moves largely sustained
US CPI data stronger than consensus sending US rates and USD higher; US equities lower with chunky falls. Then rates move retraced, leaving only small net change in yields. But equities and FX moves largely sustained
A review of things you need to know before you sign off on Wednesday; no retail rate changes, housing market quieter, tourism back to pre-pandemic levels, migration up modestly, dairy prices up, fiscal red flags, swaps stable, NZD firms, & more
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A review of things you need to know before you sign off on Wednesday; no retail rate changes, housing market quieter, tourism back to pre-pandemic levels, migration up modestly, dairy prices up, fiscal red flags, swaps stable, NZD firms, & more
Market movements well contained. Strong reporting by banks to kick of the US earnings season. UST 10-year rate trades mixed ahead of key US CPI report due tonight
Market movements well contained. Strong reporting by banks to kick of the US earnings season. UST 10-year rate trades mixed ahead of key US CPI report due tonight
A review of things you need to know before you sign off on Tuesday; rising oil prices dominate, we check the fiscal policy progress, Aussie business sentiment retreats even as conditions stable, swaps softish, NZD lower, & more
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A review of things you need to know before you sign off on Tuesday; rising oil prices dominate, we check the fiscal policy progress, Aussie business sentiment retreats even as conditions stable, swaps softish, NZD lower, & more
Oil prices track higher, with no evidence of Russia/Ukraine ceasefire and hostilities in the Middle East continue. USD broadly stronger. NZD weaker on key crosses, sending NZ TWI down to fresh 15-year low
Oil prices track higher, with no evidence of Russia/Ukraine ceasefire and hostilities in the Middle East continue. USD broadly stronger. NZD weaker on key crosses, sending NZ TWI down to fresh 15-year low
A review of things you need to know before you sign off on Monday; minor retail rate changes, no spring real estate market bounce, GSCI low & stable, swaps, NZX and NZD all stable, & more
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A review of things you need to know before you sign off on Monday; minor retail rate changes, no spring real estate market bounce, GSCI low & stable, swaps, NZX and NZD all stable, & more
Elections, hyperscalers, inflation and interest rate decisions all influencing the NZD’s next move
Roger J Kerr sets out his five indicators to watch over coming weeks for the direction of the NZ dollar-US dollar exchange rate
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Roger J Kerr sets out his five indicators to watch over coming weeks for the direction of the NZ dollar-US dollar exchange rate
Global equities ended higher, with the S&P approaching record highs ahead of Q3 earnings season. The US dollar extended its advance to a fourth consecutive week, although most G10 moves were modest
Global equities ended higher, with the S&P approaching record highs ahead of Q3 earnings season. The US dollar extended its advance to a fourth consecutive week, although most G10 moves were modest
A review of things you need to know before you sign off on Friday; fewer properties rented, wool prices rise, livestock prices steady, primary export growth close to target, housing asset stalls, swaps dip, NZD holds, & more
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A review of things you need to know before you sign off on Friday; fewer properties rented, wool prices rise, livestock prices steady, primary export growth close to target, housing asset stalls, swaps dip, NZD holds, & more
Westpac NZ economists see inflation heading towards a three-year 'all gas, no brakes' high by the end of 2026 and have also downgraded house price projections
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Westpac NZ economists see inflation heading towards a three-year 'all gas, no brakes' high by the end of 2026 and have also downgraded house price projections
US equities weaker, weighed by AI jitters which dragged down tech stocks. Brent crude up over 3%. US Treasury yields higher before plunging as investors return
US equities weaker, weighed by AI jitters which dragged down tech stocks. Brent crude up over 3%. US Treasury yields higher before plunging as investors return