Economy
A review of things you need to know before you sign off on Wednesday; CPI inflation eases more than expected, rents top out, dairy prices surprise, Synlait surprises again, swaps uncertain, NZD firms, & more
17th Jul 24, 3:59pm
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A review of things you need to know before you sign off on Wednesday; CPI inflation eases more than expected, rents top out, dairy prices surprise, Synlait surprises again, swaps uncertain, NZD firms, & more
IMF says the major economies are becoming more aligned, but the world’s medium-term prospects remain weak
17th Jul 24, 3:12pm
IMF says the major economies are becoming more aligned, but the world’s medium-term prospects remain weak
David Hargreaves says still 'sticky' domestic inflation may convince the Reserve Bank to sit tight on the Official Cash Rate at least for now
17th Jul 24, 11:22am
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David Hargreaves says still 'sticky' domestic inflation may convince the Reserve Bank to sit tight on the Official Cash Rate at least for now
Falling transport costs and flat food prices dragged annual inflation to just above the 1% to 3% target band during the June quarter
17th Jul 24, 10:56am
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Falling transport costs and flat food prices dragged annual inflation to just above the 1% to 3% target band during the June quarter
Dairy prices change direction; eyes on NZ CPI; US retail sales hold; Canadian inflation eases; IMF holds global growth estimate but warns on services inflation; UST 10yr 4.17%; gold at ATH but oil down; NZ$1 = 60.4 USc; TWI-5 = 69.3
17th Jul 24, 7:20am
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Dairy prices change direction; eyes on NZ CPI; US retail sales hold; Canadian inflation eases; IMF holds global growth estimate but warns on services inflation; UST 10yr 4.17%; gold at ATH but oil down; NZ$1 = 60.4 USc; TWI-5 = 69.3
A review of things you need to know before you sign off on Tuesday; quiet on the retail rate front, realtor commissions sink with market, eyes on dairy prices and CPI, insurance premium cost risk rises, swaps ease, NZD falls, & more
16th Jul 24, 3:59pm
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A review of things you need to know before you sign off on Tuesday; quiet on the retail rate front, realtor commissions sink with market, eyes on dairy prices and CPI, insurance premium cost risk rises, swaps ease, NZD falls, & more
Powell sees cuts, but when?; Indian exports rise modestly; China's growth below target, may actually be lower than reported; not enough copper; UST 10yr 4.22%; gold up and oil stable; NZ$1 = 60.8 USc; TWI-5 = 69.5
16th Jul 24, 7:31am
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Powell sees cuts, but when?; Indian exports rise modestly; China's growth below target, may actually be lower than reported; not enough copper; UST 10yr 4.22%; gold up and oil stable; NZ$1 = 60.8 USc; TWI-5 = 69.5
A review of things you need to know before you sign off on Monday; another Notice Saver launches, PSI terrible, REINZ June data not much better, tractor sale dire, swaps stable, NZD eases, & more
15th Jul 24, 3:59pm
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A review of things you need to know before you sign off on Monday; another Notice Saver launches, PSI terrible, REINZ June data not much better, tractor sale dire, swaps stable, NZD eases, & more
Activity in the service sector has dropped sharply again in June to once again be at the lowest level in 17 years apart from during lockdowns
15th Jul 24, 11:43am
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Activity in the service sector has dropped sharply again in June to once again be at the lowest level in 17 years apart from during lockdowns
China loan data weakish ahead of their GDP release, exports up; Japanese & Indian data positive; US data positive but sentiment shaky; Aussie migration up; UST 10yr 4.19%; gold up and oil stable; NZ$1 = 61.2 USc; TWI-5 = 69.9
15th Jul 24, 7:20am
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China loan data weakish ahead of their GDP release, exports up; Japanese & Indian data positive; US data positive but sentiment shaky; Aussie migration up; UST 10yr 4.19%; gold up and oil stable; NZ$1 = 61.2 USc; TWI-5 = 69.9
ASB chief economist Nick Tuffley says the Reserve Bank’s dovish turn would have been based on fresh forecasts which show a much weak economy than in May
14th Jul 24, 9:01am
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ASB chief economist Nick Tuffley says the Reserve Bank’s dovish turn would have been based on fresh forecasts which show a much weak economy than in May
David Hargreaves assesses the prospects for the June quarter inflation figures due to be released this coming Wednesday and which will be pivotal for the Reserve Bank in deciding whether to cut the Official Cash Rate sooner or later
14th Jul 24, 6:00am
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David Hargreaves assesses the prospects for the June quarter inflation figures due to be released this coming Wednesday and which will be pivotal for the Reserve Bank in deciding whether to cut the Official Cash Rate sooner or later
Raghuram Rajan thinks central banks will remain under pressure to maintain tighter policies over the medium term
13th Jul 24, 10:08am
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Raghuram Rajan thinks central banks will remain under pressure to maintain tighter policies over the medium term
US PPI rises, sentiment eases; industrial production in Japan & India rises; China's exports rise; China's bank loan growth eases; OECD ranks NZ tax as uncompetitive; UST 10yr 4.19%; gold up and oil stable; NZ$1 = 61.2 USc; TWI-5 = 69.9
13th Jul 24, 8:48am
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US PPI rises, sentiment eases; industrial production in Japan & India rises; China's exports rise; China's bank loan growth eases; OECD ranks NZ tax as uncompetitive; UST 10yr 4.19%; gold up and oil stable; NZ$1 = 61.2 USc; TWI-5 = 69.9
A review of things you need to know before you sign off on Friday; retail rates edge lower; PMI falls sharply, retail starved of demand, Dosh wants to be a bank, swaps soft, NZD unchanged, & more
12th Jul 24, 3:59pm
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A review of things you need to know before you sign off on Friday; retail rates edge lower; PMI falls sharply, retail starved of demand, Dosh wants to be a bank, swaps soft, NZD unchanged, & more
Trade expert Stephen Jacobi says the US presidential election is a ‘Sword of Damocles’ threatening the global economy and could seriously harm New Zealand’s exports
12th Jul 24, 1:29pm
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Trade expert Stephen Jacobi says the US presidential election is a ‘Sword of Damocles’ threatening the global economy and could seriously harm New Zealand’s exports
US inflation cools marginally more than expected; US Govt deficit falls; Japanese yen gains sharply; German CPI lower; freight rates stop rising, stay high; UST 10yr 4.19%; gold up and oil stable; NZ$1 = 60.9 USc; TWI-5 = 69.8
12th Jul 24, 7:24am
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US inflation cools marginally more than expected; US Govt deficit falls; Japanese yen gains sharply; German CPI lower; freight rates stop rising, stay high; UST 10yr 4.19%; gold up and oil stable; NZ$1 = 60.9 USc; TWI-5 = 69.8
A review of things you need to know before you sign off on Thursday; Westpac makes early retail rate moves, food prices fall, truckometer issues warning, NZGB demand returns, swaps eyed, NZD stops falling, & more
11th Jul 24, 3:59pm
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A review of things you need to know before you sign off on Thursday; Westpac makes early retail rate moves, food prices fall, truckometer issues warning, NZGB demand returns, swaps eyed, NZD stops falling, & more
US data releases light but Wall Street claims new record highs; China inflation/deflation dance continues; China overcapacity drives trade reactions; UST 10yr 4.28%; gold and oil up; NZ$1 = 60.8 USc; TWI-5 = 69.9
11th Jul 24, 7:20am
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US data releases light but Wall Street claims new record highs; China inflation/deflation dance continues; China overcapacity drives trade reactions; UST 10yr 4.28%; gold and oil up; NZ$1 = 60.8 USc; TWI-5 = 69.9
Economists say interest rates could be cut as soon as August after the Reserve Bank performs ‘dovish pivot’ at July meeting
10th Jul 24, 6:37pm
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Economists say interest rates could be cut as soon as August after the Reserve Bank performs ‘dovish pivot’ at July meeting
A review of things you need to know before you sign off on Wednesday; RBNZ sends dovish signals so TD rates now on watch, migration turns negative, tourism recovers, job ads dive, swaps fall sharply, NZD down, & more
10th Jul 24, 4:01pm
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A review of things you need to know before you sign off on Wednesday; RBNZ sends dovish signals so TD rates now on watch, migration turns negative, tourism recovers, job ads dive, swaps fall sharply, NZD down, & more
The Reserve Bank of New Zealand has held the Official Cash Rate at 5.50% but noted this policy may be hurting the economy more than expected
10th Jul 24, 2:21pm
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The Reserve Bank of New Zealand has held the Official Cash Rate at 5.50% but noted this policy may be hurting the economy more than expected
Dairy prices stubbed; US data optimistic; Fed eyes rate cut; Taiwan exports surge; Aussie sentiment eases; India to drive global food demand; UST 10yr 4.30%; gold firmish and oil lower; NZ$1 = 61.2 USc; TWI-5 = 70.5
10th Jul 24, 7:20am
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Dairy prices stubbed; US data optimistic; Fed eyes rate cut; Taiwan exports surge; Aussie sentiment eases; India to drive global food demand; UST 10yr 4.30%; gold firmish and oil lower; NZ$1 = 61.2 USc; TWI-5 = 70.5
A review of things you need to know before you sign off on Tuesday; oceans warmest, tax fraud punished with wet noodles, property investors return for residential, scarce for commercial, swaps unchanged, NZD slips, & more
9th Jul 24, 3:59pm
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A review of things you need to know before you sign off on Tuesday; oceans warmest, tax fraud punished with wet noodles, property investors return for residential, scarce for commercial, swaps unchanged, NZD slips, & more
Kenneth Rogoff warns that, despite what many in policy circles may think, economic decoupling is not a viable option
9th Jul 24, 11:03am
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Kenneth Rogoff warns that, despite what many in policy circles may think, economic decoupling is not a viable option