Yuan
Progress in Russia-Ukraine peace deal. White House conflict on tariff basis. US Conference Board consumer confidence plunges, as per the University of Michigan survey
26th Mar 25, 7:51am
Progress in Russia-Ukraine peace deal. White House conflict on tariff basis. US Conference Board consumer confidence plunges, as per the University of Michigan survey
Risk appetite higher as market embraces view that 'Liberation Day' will see narrower scope of tariffs than previously thought. US services PMI stronger than expected, allaying recession fears. US Treasury yields up towards top of recent trading range
25th Mar 25, 7:48am
Risk appetite higher as market embraces view that 'Liberation Day' will see narrower scope of tariffs than previously thought. US services PMI stronger than expected, allaying recession fears. US Treasury yields up towards top of recent trading range
US equities slightly higher, US Treasuries in a tight trading range, USD slightly stronger. Nine more sleeps until "Liberation Day", when Trump's reciprocal tariffs take effect; speculation that they will be narrower than previously threatened
24th Mar 25, 7:22am
US equities slightly higher, US Treasuries in a tight trading range, USD slightly stronger. Nine more sleeps until "Liberation Day", when Trump's reciprocal tariffs take effect; speculation that they will be narrower than previously threatened
US Treasuries well supported in the wake of yesterday's Fed policy update; 10-year rate extends fall to 4.17% overnight before reversing. BoE leaves rates unchanged
21st Mar 25, 7:53am
US Treasuries well supported in the wake of yesterday's Fed policy update; 10-year rate extends fall to 4.17% overnight before reversing. BoE leaves rates unchanged
The US Fed left rates on hold as expected. Policy makers continue to signal 50bp of cuts for this year. Plan slower balance sheet runoff. BofJ left rates on a cautious hold. NZ consumer confidence slumps
20th Mar 25, 7:55am
The US Fed left rates on hold as expected. Policy makers continue to signal 50bp of cuts for this year. Plan slower balance sheet runoff. BofJ left rates on a cautious hold. NZ consumer confidence slumps
Trump and Putin talk but make little progress. Germany's lower house approves massive fiscal plan to boost defence and infrastructure spending. US equities weaker, US Treasuries continue to consolidate
19th Mar 25, 8:13am
Trump and Putin talk but make little progress. Germany's lower house approves massive fiscal plan to boost defence and infrastructure spending. US equities weaker, US Treasuries continue to consolidate
Weak US retail sales weighed by cars, but stronger control group sales that feed into GDP came as a relief. US equities in positive territory. Stronger than expected China data, while government outlines plan to boost domestic consumption
18th Mar 25, 7:49am
Weak US retail sales weighed by cars, but stronger control group sales that feed into GDP came as a relief. US equities in positive territory. Stronger than expected China data, while government outlines plan to boost domestic consumption
Strong rebound for US equities. But US consumers' long term inflation expectations reached the highest level since 1993 while sentiment slumped. Euro gains after after a deal for massive German fiscal expansion
17th Mar 25, 7:29am
Strong rebound for US equities. But US consumers' long term inflation expectations reached the highest level since 1993 while sentiment slumped. Euro gains after after a deal for massive German fiscal expansion
More tariff headlines with Trump proposing 200% retaliatory tariffs on the EU after its retaliatory tariffs on the US. Risk appetite weaker, with US equities showing chunky falls again and US Treasuries well supported
14th Mar 25, 7:46am
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More tariff headlines with Trump proposing 200% retaliatory tariffs on the EU after its retaliatory tariffs on the US. Risk appetite weaker, with US equities showing chunky falls again and US Treasuries well supported
US 25% tariffs on steel and aluminium take effect prompting retaliatory actions from the EU. US CPI weaker than expected though tariffs create uncertainty looking forward. Bank of Canada cuts rates by 25bp to 2.75% as expected
13th Mar 25, 7:42am
US 25% tariffs on steel and aluminium take effect prompting retaliatory actions from the EU. US CPI weaker than expected though tariffs create uncertainty looking forward. Bank of Canada cuts rates by 25bp to 2.75% as expected
US-Canada trade war escalates; US to impose higher tariffs on steel, aluminium and cars from Canada. US equities tumble further; US Treasuries yields push higher
12th Mar 25, 7:53am
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US-Canada trade war escalates; US to impose higher tariffs on steel, aluminium and cars from Canada. US equities tumble further; US Treasuries yields push higher
Market anxiety rises after Trump dodges question on recession. US equities tumble, led by the mega cap stocks; Nasdaq index down over 4%. Weaker risk sentiment supports US Treasuries and JPY
11th Mar 25, 7:41am
Market anxiety rises after Trump dodges question on recession. US equities tumble, led by the mega cap stocks; Nasdaq index down over 4%. Weaker risk sentiment supports US Treasuries and JPY
US labour market data in line with consensus expectations. The S&P rebounded from earlier losses to close higher. Fed chair Powell reiterated the central bank doesn’t need to hurry to cut rates
10th Mar 25, 7:37am
US labour market data in line with consensus expectations. The S&P rebounded from earlier losses to close higher. Fed chair Powell reiterated the central bank doesn’t need to hurry to cut rates
Choppy markets on uncertainty over US import tariffs. US equities fall 2%. ECB cuts 25bps as expected. German rates continue to push higher in the wake of the move to ease the debt brake and ramp up defence and infrastructure spending
7th Mar 25, 7:50am
Choppy markets on uncertainty over US import tariffs. US equities fall 2%. ECB cuts 25bps as expected. German rates continue to push higher in the wake of the move to ease the debt brake and ramp up defence and infrastructure spending
Large moves across European markets after Germany revealed plans to allow for more defense and infrastructure spending. US services ISM beats consensus expectations breaking the run of weak US activity data
6th Mar 25, 7:45am
Large moves across European markets after Germany revealed plans to allow for more defense and infrastructure spending. US services ISM beats consensus expectations breaking the run of weak US activity data
Tariffs go into effect. Equity markets tumble further. Market sees Fed more focused on unemployment mandate than inflation and prices in more Fed easing; US Treasuries curve steepens
5th Mar 25, 7:52am
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Tariffs go into effect. Equity markets tumble further. Market sees Fed more focused on unemployment mandate than inflation and prices in more Fed easing; US Treasuries curve steepens
Market watching the clock, with fresh wave of US import tariffs tariffs due 4 March, US time. US ISM manufacturing survey disappoints. European equities stronger and rates higher on more defence spending in the region; European currencies outperform
4th Mar 25, 7:47am
Market watching the clock, with fresh wave of US import tariffs tariffs due 4 March, US time. US ISM manufacturing survey disappoints. European equities stronger and rates higher on more defence spending in the region; European currencies outperform
The financial market has increased expectations for a US Fed easing. The 2-year treasury yields dipped below 4% for the first time since October, declining after soft consumption data
3rd Mar 25, 7:24am
The financial market has increased expectations for a US Fed easing. The 2-year treasury yields dipped below 4% for the first time since October, declining after soft consumption data
Trump to push ahead with tariffs on Canada and Mexico, an additional 10% tariff to be imposed on Chinese imports. USD broadly stronger on that news; weaker yuan spills over into the NZD and AUD
28th Feb 25, 7:54am
Trump to push ahead with tariffs on Canada and Mexico, an additional 10% tariff to be imposed on Chinese imports. USD broadly stronger on that news; weaker yuan spills over into the NZD and AUD
Trump pushed out the start date for Mexico and Canada tariffs to 2 April, says tariffs on products from the EU like autos and "other things" will be 25%. US equities recover after recent fall. US 10-year Treasury rate pushes down to a fresh 2025 low
27th Feb 25, 7:44am
Trump pushed out the start date for Mexico and Canada tariffs to 2 April, says tariffs on products from the EU like autos and "other things" will be 25%. US equities recover after recent fall. US 10-year Treasury rate pushes down to a fresh 2025 low
US equities down for a fourth consecutive day, US Treasury yields down for a fifth day, with the 10-year rate down 10bps and probing fresh 2025 lows, all on increased policy uncertainty. Safe haven currencies higher, commodity currencies underperform
26th Feb 25, 7:53am
US equities down for a fourth consecutive day, US Treasury yields down for a fifth day, with the 10-year rate down 10bps and probing fresh 2025 lows, all on increased policy uncertainty. Safe haven currencies higher, commodity currencies underperform
Initial gains for US equities fade after the Dallas Fed manufacturing index undershot expectations. 10-year treasury yields return to the bottom of the 2025 range at 4.39%
25th Feb 25, 7:38am
Initial gains for US equities fade after the Dallas Fed manufacturing index undershot expectations. 10-year treasury yields return to the bottom of the 2025 range at 4.39%
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
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
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