NZ$
A review of things you need to know before you sign off on Friday; Westpac cuts 18-month rate; Fonterra lifts payout forecast; major Binance hack suspected, Auckland carpark stays, RBNZ data dump & more
15
A review of things you need to know before you sign off on Friday; Westpac cuts 18-month rate; Fonterra lifts payout forecast; major Binance hack suspected, Auckland carpark stays, RBNZ data dump & more
US equities are lower and the Nasdaq is down more than 1%, as Alphabet's sales miss revived doubts over AI spending. US Q3 GDP beat expectations. The ECB held rates. Lagarde will step down early
US equities are lower and the Nasdaq is down more than 1%, as Alphabet's sales miss revived doubts over AI spending. US Q3 GDP beat expectations. The ECB held rates. Lagarde will step down early
A review of things you need to know before you sign off on Thursday; business sentiment holds, Vero warns on climate risks, NZ Post upbeat on retail, big centers grab population gains, progress on child poverty, swaps hold, NZD stays soft, & more
10
A review of things you need to know before you sign off on Thursday; business sentiment holds, Vero warns on climate risks, NZ Post upbeat on retail, big centers grab population gains, progress on child poverty, swaps hold, NZD stays soft, & more
Hawkish RBA testimony boosted expectations for a hike there next week. Bank of Canada kicked off tightening cycle with 25bp hike; Fed leaves policy unchanged. Oil and gas prices higher on fears of US-Iran conflict escalation
Hawkish RBA testimony boosted expectations for a hike there next week. Bank of Canada kicked off tightening cycle with 25bp hike; Fed leaves policy unchanged. Oil and gas prices higher on fears of US-Iran conflict escalation
Flabbergasted, spooked and applause; economists’ OCR reactions to what they expect is merely a pause
The RBNZ’s Christmas present to NZ will be an OCR hike in December, BNZ’s Stephen Toplis says, but other economists who are also projecting a December OCR rise, don't think it's locked in
6
The RBNZ’s Christmas present to NZ will be an OCR hike in December, BNZ’s Stephen Toplis says, but other economists who are also projecting a December OCR rise, don't think it's locked in
[updated]
A review of things you need to know before you sign off on Wednesday; RBNZ stuns by holding OCR unchanged, post-decision comments confuse, filled jobs rise modestly, Aussie inflation rises, swaps drop, NZD falls, & more
17
A review of things you need to know before you sign off on Wednesday; RBNZ stuns by holding OCR unchanged, post-decision comments confuse, filled jobs rise modestly, Aussie inflation rises, swaps drop, NZD falls, & more
[updated]
In a surprise move, the Reserve Bank holds the Official Cash Rate at 2.75% following a 4-3 vote, NZ dollar tanks
70
In a surprise move, the Reserve Bank holds the Official Cash Rate at 2.75% following a 4-3 vote, NZ dollar tanks
Most markets are in a holding pattern ahead of key policy updates and top-tier economic releases later this week. RBNZ expected to hike again today and maintain tightening bias; Fed expected to be on hold; BoC decision finely balanced
Most markets are in a holding pattern ahead of key policy updates and top-tier economic releases later this week. RBNZ expected to hike again today and maintain tightening bias; Fed expected to be on hold; BoC decision finely balanced
A review of things you need to know before you sign off on Tuesday; no rent inflation, mortgage interest load low & stable, borrowers maintain their buffers, another strike, swaps rise, NZX dips, NZD firm, & more
7
A review of things you need to know before you sign off on Tuesday; no rent inflation, mortgage interest load low & stable, borrowers maintain their buffers, another strike, swaps rise, NZX dips, NZD firm, & more
US equities gained, led by tech, with markets looking ahead to the FOMC and key tech earnings. Oil prices remained elevated while US Treasuries were subdued. French bonds rallied after Moody’s affirmed France’s credit rating
US equities gained, led by tech, with markets looking ahead to the FOMC and key tech earnings. Oil prices remained elevated while US Treasuries were subdued. French bonds rallied after Moody’s affirmed France’s credit rating
Roger J Kerr says debt markets are always the first to reflect financial risk and stress. And he finds the usual culprits remain behind stubborn local elevated inflation
Roger J Kerr says debt markets are always the first to reflect financial risk and stress. And he finds the usual culprits remain behind stubborn local elevated inflation
An Official Cash Rate hike that once looked unlikely to happen just 10 days before the election, is now the overwhelmingly expected outcome
12
An Official Cash Rate hike that once looked unlikely to happen just 10 days before the election, is now the overwhelmingly expected outcome
[updated]
A review of things you need to know before you sign off on Friday; no retail rate changes but most other data lower, bracing for a hawksih hike, wool prices steady, new scam risks, oil rises, swaps down, equities drop, NZD soft, & more
22
A review of things you need to know before you sign off on Friday; no retail rate changes but most other data lower, bracing for a hawksih hike, wool prices steady, new scam risks, oil rises, swaps down, equities drop, NZD soft, & more
Global equities fell as AI concerns weighed on tech stocks. Higher oil prices also impacted investor sentiment. Equity losses supported demand for US Treasuries - 10-year yields fell below 5%
Global equities fell as AI concerns weighed on tech stocks. Higher oil prices also impacted investor sentiment. Equity losses supported demand for US Treasuries - 10-year yields fell below 5%
A review of things you need to know before you sign off on Thursday; inflation dips momentarily, housing off the boil, insurance stress reactions, NZGB bonds in demand, NZSA becomes IANZ, swaps stable, NZX dips, NZD firms, & more
10
A review of things you need to know before you sign off on Thursday; inflation dips momentarily, housing off the boil, insurance stress reactions, NZGB bonds in demand, NZSA becomes IANZ, swaps stable, NZX dips, NZD firms, & more