Mike Jones
RBA Board statement more upbeat than October's, citing “mounting evidence that monetary policy was supporting activity”
20th Nov 13, 8:41am
RBA Board statement more upbeat than October's, citing “mounting evidence that monetary policy was supporting activity”
Seasonally adjusted trade surplus for Eurozone widened further than expected (to €14.3b in September); likely to be as a result of weak domestic demand for imports
19th Nov 13, 7:43am
Seasonally adjusted trade surplus for Eurozone widened further than expected (to €14.3b in September); likely to be as a result of weak domestic demand for imports
Both the US October industrial production and US Empire Manufacturing index for November came in below expectations causing the US$ index to slip
18th Nov 13, 7:55am
Both the US October industrial production and US Empire Manufacturing index for November came in below expectations causing the US$ index to slip
Dovish undertones in Yellen’s testimony; labour market is still “far short” of potential and inflation will remain below target “for some time”
15th Nov 13, 8:22am
Dovish undertones in Yellen’s testimony; labour market is still “far short” of potential and inflation will remain below target “for some time”
The GBP was the best performing currency overnight but the NZ$ got a boost from the hawkish bias in the RBNZ's Financial Stability Report
14th Nov 13, 8:11am
The GBP was the best performing currency overnight but the NZ$ got a boost from the hawkish bias in the RBNZ's Financial Stability Report
The NZD/GBP traded lower following softer-than-expected UK inflation data; NZD/GBP resistance seen at 0.5190
13th Nov 13, 8:07am
The NZD/GBP traded lower following softer-than-expected UK inflation data; NZD/GBP resistance seen at 0.5190
Reports are emerging that a number of ECB members were against the rate cut decision last week
12th Nov 13, 7:56am
Reports are emerging that a number of ECB members were against the rate cut decision last week
Substantial US payroll numbers for October is probably above the FOMC threshold of ‘sustainable improvement’ in labour market conditions
11th Nov 13, 8:20am
Substantial US payroll numbers for October is probably above the FOMC threshold of ‘sustainable improvement’ in labour market conditions
In a bid to stimulate the flagging eurozone economy the ECB cut their main refinancing rate by 25 basis points to 0.25%
8th Nov 13, 8:14am
In a bid to stimulate the flagging eurozone economy the ECB cut their main refinancing rate by 25 basis points to 0.25%
Stronger labour and employment numbers gives Kiwi dollar some upward momentum
7th Nov 13, 8:14am
Stronger labour and employment numbers gives Kiwi dollar some upward momentum
RBA left rates unchanged at 2.5% but stated the A$ was “uncomfortably high” which had the market reassessing views of rate hikes in late 2014
6th Nov 13, 8:19am
RBA left rates unchanged at 2.5% but stated the A$ was “uncomfortably high” which had the market reassessing views of rate hikes in late 2014
Increasing commodity prices supports view that terms of trade will hit 40 year high in Q4
5th Nov 13, 7:47am
Increasing commodity prices supports view that terms of trade will hit 40 year high in Q4
Euro area inflation is weak however broader activity indicators remain on an improving trend
4th Nov 13, 8:18am
Euro area inflation is weak however broader activity indicators remain on an improving trend
Ongoing NZ$ strength sees BNZ's formally changing their view on next OCR hike from March to June 2014
1st Nov 13, 8:25am
Ongoing NZ$ strength sees BNZ's formally changing their view on next OCR hike from March to June 2014
Broad US$ buying sees NZ$/US$ trade below 82c; hawkish RBNZ statement may reverse trend
31st Oct 13, 8:13am
Broad US$ buying sees NZ$/US$ trade below 82c; hawkish RBNZ statement may reverse trend
Speculation mounting that RBA could launch a full blown intervention as Stevens states A$ is likely to be "materially lower"
30th Oct 13, 8:18am
Speculation mounting that RBA could launch a full blown intervention as Stevens states A$ is likely to be "materially lower"
Aggregate positive US Q3 earnings surprise sits at 4.9% and continues to underpin US$
29th Oct 13, 8:32am
Aggregate positive US Q3 earnings surprise sits at 4.9% and continues to underpin US$
Poor economic data and tensions in China worry markets vs positive US earning reports and central bank stimulus
25th Oct 13, 8:29am
Poor economic data and tensions in China worry markets vs positive US earning reports and central bank stimulus
Antipodean currencies hit as China's money market rate jumps markedly higher
24th Oct 13, 8:30am
Antipodean currencies hit as China's money market rate jumps markedly higher
US payroll data downright awful with headline number under-shooting expectations; NZ$/US$ swept higher as US$ sold off
23rd Oct 13, 8:10am
US payroll data downright awful with headline number under-shooting expectations; NZ$/US$ swept higher as US$ sold off
NZ$ treading water waiting for US payrolls data tonight; softness in the data could see the NZ$ benefit from US$ weakness
22nd Oct 13, 8:04am
NZ$ treading water waiting for US payrolls data tonight; softness in the data could see the NZ$ benefit from US$ weakness
Domestic economic indicators suggest NZ economic growth is poised to accelerate towards 4%; tapering delays expected
21st Oct 13, 8:33am
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Domestic economic indicators suggest NZ economic growth is poised to accelerate towards 4%; tapering delays expected
Investors bail out of US$ and pour into riskier assets; NZ$/US$ a benefactor surging to fresh 5-month high
18th Oct 13, 8:38am
Investors bail out of US$ and pour into riskier assets; NZ$/US$ a benefactor surging to fresh 5-month high
Can kicked down the road until February but riskier assets buoyed by decision nonetheless
17th Oct 13, 8:36am
Can kicked down the road until February but riskier assets buoyed by decision nonetheless
Direction of US$ will be largely be determined by fiscal negotiation developments; NZ$ benefits from improved risk appetite
16th Oct 13, 8:19am
Direction of US$ will be largely be determined by fiscal negotiation developments; NZ$ benefits from improved risk appetite