NZ$
A review of things you need to know before you sign off on Monday; many rate changes, all cuts, housing market sentiment firms, retail shows green shoots, NZX drops hard, swaps on hold, NZD little-changed, & more
24th Feb 25, 3:59pm
41
A review of things you need to know before you sign off on Monday; many rate changes, all cuts, housing market sentiment firms, retail shows green shoots, NZX drops hard, swaps on hold, NZD little-changed, & more
Roger J Kerr says many key US economic indicators are expected to print on the softer side as a result of financial pressures, as well as the Trump regime’s chainsaw attack on Federal Government institutions and jobs
24th Feb 25, 8:39am
2
Roger J Kerr says many key US economic indicators are expected to print on the softer side as a result of financial pressures, as well as the Trump regime’s chainsaw attack on Federal Government institutions and jobs
Weak US services PMI contributed to a rise in risk aversion and a sharp fall in US equities. US treasury yields tumble. Brent crude prices drop 3% to near US$74 per barrel
24th Feb 25, 7:30am
Weak US services PMI contributed to a rise in risk aversion and a sharp fall in US equities. US treasury yields tumble. Brent crude prices drop 3% to near US$74 per barrel
A review of things you need to know before you sign off on Friday; Kiwibank & Co-op cut rates, house buyer choice at decade high, Spark dumped, Fonterra bullish, exports shine, swaps on hold, NZD firms, & more
21st Feb 25, 3:59pm
90
A review of things you need to know before you sign off on Friday; Kiwibank & Co-op cut rates, house buyer choice at decade high, Spark dumped, Fonterra bullish, exports shine, swaps on hold, NZD firms, & more
Equity markets are weaker, retreating from recent record highs. UST yields slip. USD broadly weaker. Commodity currencies get a boost on trade deal talk. JPY outperforms as JGB yields rise to fresh highs
21st Feb 25, 7:49am
Equity markets are weaker, retreating from recent record highs. UST yields slip. USD broadly weaker. Commodity currencies get a boost on trade deal talk. JPY outperforms as JGB yields rise to fresh highs
[updated]
A review of things you need to know before you sign off on Thursday: more find it tough to afford housing, child poverty progress ends, hot NZGB tender, Kiwibank gets ready to fundraise, swaps stable, NZD firmish, & more
20th Feb 25, 3:59pm
101
A review of things you need to know before you sign off on Thursday: more find it tough to afford housing, child poverty progress ends, hot NZGB tender, Kiwibank gets ready to fundraise, swaps stable, NZD firmish, & more
European equities retraced from record high after hawkish comments by an ECB official. European bond yields move higher. Trade tensions stay in focus. Trump said he would impose tariffs on cars, semi-conductors and pharmaceutical imports
20th Feb 25, 7:46am
European equities retraced from record high after hawkish comments by an ECB official. European bond yields move higher. Trade tensions stay in focus. Trump said he would impose tariffs on cars, semi-conductors and pharmaceutical imports
[updated]
A review of things you need to know before you sign off on Wednesday; rush to drop floating rates, REINZ sees more sales at lower prices, farmers act like top dogs, PPI high, swaps stable, NZD lower, & more
19th Feb 25, 3:58pm
110
A review of things you need to know before you sign off on Wednesday; rush to drop floating rates, REINZ sees more sales at lower prices, farmers act like top dogs, PPI high, swaps stable, NZD lower, & more
[updated]
Reserve Bank cuts OCR to 3.75% and indicates room for more cuts than earlier forecast this year; economists say 'we are all on the same page now'
19th Feb 25, 2:14pm
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Reserve Bank cuts OCR to 3.75% and indicates room for more cuts than earlier forecast this year; economists say 'we are all on the same page now'
Weaker US homebuilder sentiment, an uplift in UK wage inflation, and an upward surprise in core Canadian CPI inflation. RBA kicks off easing cycle with 25bps cut. The cautious policy outlook was also not particularly surprising
19th Feb 25, 7:42am
2
Weaker US homebuilder sentiment, an uplift in UK wage inflation, and an upward surprise in core Canadian CPI inflation. RBA kicks off easing cycle with 25bps cut. The cautious policy outlook was also not particularly surprising
[updated]
A review of things you need to know before you sign off on Tuesday; TSB launches a hot one year mortgage rate, population growth slows and ages, Heartland gets vehicle loan indigestion, swaps firm, NZD eases, & more
18th Feb 25, 3:59pm
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A review of things you need to know before you sign off on Tuesday; TSB launches a hot one year mortgage rate, population growth slows and ages, Heartland gets vehicle loan indigestion, swaps firm, NZD eases, & more
European equities rise to a fresh record highs. President Xi meets with Chinese IT leaders, a strong signal of a turnaround from his crackdown on the sector. RBA widely expected to kick-start easing cycle later this afternoon
18th Feb 25, 7:19am
European equities rise to a fresh record highs. President Xi meets with Chinese IT leaders, a strong signal of a turnaround from his crackdown on the sector. RBA widely expected to kick-start easing cycle later this afternoon
A review of things you need to know before you sign off on Monday; TM Property listing load rises, services shift to expansion, migration flows slow, tourist arrivals speed up, a2 Milk has huge cash hoard, swaps and NZD stable, & more
17th Feb 25, 3:59pm
74
A review of things you need to know before you sign off on Monday; TM Property listing load rises, services shift to expansion, migration flows slow, tourist arrivals speed up, a2 Milk has huge cash hoard, swaps and NZD stable, & more
Roger J Kerr says a series of softer economic data prints, similar to the retail sales numbers last week, will lead to a rapid shift in interest rate market pricing for Fed rate cuts this year
17th Feb 25, 8:57am
8
Roger J Kerr says a series of softer economic data prints, similar to the retail sales numbers last week, will lead to a rapid shift in interest rate market pricing for Fed rate cuts this year
US retail sales significantly weaker than expected. This data contributed to lower US Treasury yields and weighed on the US dollar. NZD/USD traded back above 57 USc and to its highest level since December
17th Feb 25, 7:22am
1
US retail sales significantly weaker than expected. This data contributed to lower US Treasury yields and weighed on the US dollar. NZD/USD traded back above 57 USc and to its highest level since December
A review of things you need to know before you sign off on Friday; SBS ends 5.35% TD special, rents flat, food prices surprise, PMI expands, NZX50 firm, swaps stable, NZD firm, & more
14th Feb 25, 3:59pm
70
A review of things you need to know before you sign off on Friday; SBS ends 5.35% TD special, rents flat, food prices surprise, PMI expands, NZX50 firm, swaps stable, NZD firm, & more
[updated]
Food prices see largest monthly spike since July 2022, jumping 1.9% in January led by grocery prices
14th Feb 25, 12:21pm
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Food prices see largest monthly spike since July 2022, jumping 1.9% in January led by grocery prices
Ukraine war negotiation talk supports risk sentiment. Higher than expected US PPI data but weak components that feed into PCE deflator; US Treasuries rally, reversing some of previous day's move
14th Feb 25, 7:44am
Ukraine war negotiation talk supports risk sentiment. Higher than expected US PPI data but weak components that feed into PCE deflator; US Treasuries rally, reversing some of previous day's move
A review of things you need to know before you sign off on Thursday; no retail rate changes, FHB choose carefully, retail goes backwards, mortgage brokers squeal, inflation expectations tame, swaps stable, NZD slips, & more
13th Feb 25, 3:59pm
90
A review of things you need to know before you sign off on Thursday; no retail rate changes, FHB choose carefully, retail goes backwards, mortgage brokers squeal, inflation expectations tame, swaps stable, NZD slips, & more
[updated]
Influential RBNZ survey has shown drops in the expectations of the future levels of inflation in a move that will give the central bank comfort ahead of its first Official Cash Rate decision of the year next week
13th Feb 25, 3:24pm
40
Influential RBNZ survey has shown drops in the expectations of the future levels of inflation in a move that will give the central bank comfort ahead of its first Official Cash Rate decision of the year next week
Much stronger US CPI data drive US rates up; just one Fed rate cut this year now priced in. Stronger USD post CPI reverse course. NZD recovers
13th Feb 25, 7:50am
3
Much stronger US CPI data drive US rates up; just one Fed rate cut this year now priced in. Stronger USD post CPI reverse course. NZD recovers
A review of things you need to know before you sign off on Wednesday; ASB cuts retail rates, ANZ cuts business rates, work visa surge, brighter truckometer, concrete pour low, corruption slide, swaps waver, NZD holds, & more
12th Feb 25, 4:00pm
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A review of things you need to know before you sign off on Wednesday; ASB cuts retail rates, ANZ cuts business rates, work visa surge, brighter truckometer, concrete pour low, corruption slide, swaps waver, NZD holds, & more
Powell reiterates the Fed in no hurry to cut interest rates in his semi-annual Senate Testimony. Little impact on market pricing for Fed policy. EU says it will respond to any tariffs the US might impose on it
12th Feb 25, 7:55am
Powell reiterates the Fed in no hurry to cut interest rates in his semi-annual Senate Testimony. Little impact on market pricing for Fed policy. EU says it will respond to any tariffs the US might impose on it
A review of things you need to know before you sign off on Tuesday; no retail rate changes, QV sees intrigue in 2025 housing markets, Tower warns on climate risk, dairy payout has upside, swaps on hold, NZD eases, & more
11th Feb 25, 3:59pm
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A review of things you need to know before you sign off on Tuesday; no retail rate changes, QV sees intrigue in 2025 housing markets, Tower warns on climate risk, dairy payout has upside, swaps on hold, NZD eases, & more
Global equity markets advanced in the absence of economic data or other catalysts. Investors look ahead to key US inflation data and Powell’s Congress testimony. Gold prices hit a record high above US$2900 per troy ounce
11th Feb 25, 9:13am
Global equity markets advanced in the absence of economic data or other catalysts. Investors look ahead to key US inflation data and Powell’s Congress testimony. Gold prices hit a record high above US$2900 per troy ounce