Jason Wong

Follow-through in currency markets after Friday's "price checks" on yen. Coordinated action between Japan and NY Fed raised speculation that a weaker USD is part of the plan alongside reducing speculative selling in the yen

Follow-through in currency markets after Friday's "price checks" on yen. Coordinated action between Japan and NY Fed raised speculation that a weaker USD is part of the plan alongside reducing speculative selling in the yen

US Dollar debasement trade supports gold and silver; Oil jumps over 3% on weaker USD and fears of future US military action in Iran. NZ annual CPI inflation of 3.1% at top of market estimates

US Dollar debasement trade supports gold and silver; Oil jumps over 3% on weaker USD and fears of future US military action in Iran. NZ annual CPI inflation of 3.1% at top of market estimates

Global equity markets extend gains after Trump's Greenland TACO even though details of the "deal" remain sketchy. UST 2-year rate up to top of its range; 10-year rate remains range-bound

Global equity markets extend gains after Trump's Greenland TACO even though details of the "deal" remain sketchy. UST 2-year rate up to top of its range; 10-year rate remains range-bound

US and European equities recover after Trump dials down aggression at Davos, ruling out military force to acquire Greenland. US Treasury yields range-bound; some order restored to Japan’s bond market after the recent meltdown

US and European equities recover after Trump dials down aggression at Davos, ruling out military force to acquire Greenland. US Treasury yields range-bound; some order restored to Japan’s bond market after the recent meltdown

Weaker risk sentiment on US-EU political tensions; global equities extend losses; US equities down sharply. No safe-haven bid for bonds; Meltdown in Japan's JGB market spills over into other markets. UST yields push higher

Weaker risk sentiment on US-EU political tensions; global equities extend losses; US equities down sharply. No safe-haven bid for bonds; Meltdown in Japan's JGB market spills over into other markets. UST yields push higher

Market reaction modest, so far, to Trump's weekend threats. USD broadly weaker although JPY also weak as new election in Japan confirmed. Equities retreat

Market reaction modest, so far, to Trump's weekend threats. USD broadly weaker although JPY also weak as new election in Japan confirmed. Equities retreat

US equities are notably weaker, dragged down by the tech sector. Softer UK CPI data locks in BoE rate cut tonight. NZ Q3 GDP data today expected to show bounce back after Q2 contraction

US equities are notably weaker, dragged down by the tech sector. Softer UK CPI data locks in BoE rate cut tonight. NZ Q3 GDP data today expected to show bounce back after Q2 contraction

Mixed US economic data; unemployment rate rises to a four year high of 4.6%; solid core retail sales; weaker PMI but stronger pricing indicators. Little market reaction. Oil prices fall further, down to a four-year low

Mixed US economic data; unemployment rate rises to a four year high of 4.6%; solid core retail sales; weaker PMI but stronger pricing indicators. Little market reaction. Oil prices fall further, down to a four-year low

NZ rates market selloff continued yesterday, with the 5-year swap rate rising to its highest level since March

NZ rates market selloff continued yesterday, with the 5-year swap rate rising to its highest level since March

Australian rates and the AUD higher after the RBA opened the door to tightening policy from early next year. US job openings much higher than expected, but other metrics in the JOLTS report were less positive

Australian rates and the AUD higher after the RBA opened the door to tightening policy from early next year. US job openings much higher than expected, but other metrics in the JOLTS report were less positive

European rates higher across the curve after hike signal, spilling over into higher US Treasury yields. China's record trade surplus showcases ongoing economic imbalance

European rates higher across the curve after hike signal, spilling over into higher US Treasury yields. China's record trade surplus showcases ongoing economic imbalance

US initial jobless claims fall brings modest upside pressure on global rates. Currency movements modest; signs of the PBoC pushing against yuan strength. Stronger Australian data boosts odds the RBA might need to raise rates

US initial jobless claims fall brings modest upside pressure on global rates. Currency movements modest; signs of the PBoC pushing against yuan strength. Stronger Australian data boosts odds the RBA might need to raise rates

US ADP private payrolls fell 32k in November, solidifying market expectations for a Fed rate cut next week. US Treasury yields down a touch; US equities up slightly. USD DXY index down for an eighth successive day

US ADP private payrolls fell 32k in November, solidifying market expectations for a Fed rate cut next week. US Treasury yields down a touch; US equities up slightly. USD DXY index down for an eighth successive day

Markets movements have been modest across equities, rates and currencies. Japan's 10-year JGB auction drew solid demand, a relief to the market; rising expectations of a BoJ rate hike have done little to support the yen

Markets movements have been modest across equities, rates and currencies. Japan's 10-year JGB auction drew solid demand, a relief to the market; rising expectations of a BoJ rate hike have done little to support the yen

US Thanksgiving holiday brings quiet markets. NZ rates higher yesterday in the aftermath of Wednesday's RBNZ MPS, some much stronger NZ data and angst over a possible wave of mortgage fixing

US Thanksgiving holiday brings quiet markets. NZ rates higher yesterday in the aftermath of Wednesday's RBNZ MPS, some much stronger NZ data and angst over a possible wave of mortgage fixing