foreign exchange
Weakening NZ data and cooling outlook could see RBNZ cut rates; equity market rally increases demand for risk sensitive currencies like NZD
1st Mar 16, 3:08pm
Weakening NZ data and cooling outlook could see RBNZ cut rates; equity market rally increases demand for risk sensitive currencies like NZD
Thought of Britain leaving EU sends GBP to lowest level since March 2009; heavy buying of commodity currencies sees NZD/USD break resistance levels
23rd Feb 16, 3:13pm
Thought of Britain leaving EU sends GBP to lowest level since March 2009; heavy buying of commodity currencies sees NZD/USD break resistance levels
Markets worried over effectiveness of further central bank action; challenges ahead in light of sharp volatility and significant contraction in global markets; another step up in credit concerns
16th Feb 16, 2:01pm
Markets worried over effectiveness of further central bank action; challenges ahead in light of sharp volatility and significant contraction in global markets; another step up in credit concerns
Landmark High Court trial pits last bank standing Kiwibank against E-Trans in battle over rights of money remitters & banks' anti-money laundering responsibilities
15th Feb 16, 11:31am
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Landmark High Court trial pits last bank standing Kiwibank against E-Trans in battle over rights of money remitters & banks' anti-money laundering responsibilities
Spike in global fear and anxiety levels; JPY surges 5% against USD; risk off selling sends NZD & AUD lower
9th Feb 16, 2:43pm
Spike in global fear and anxiety levels; JPY surges 5% against USD; risk off selling sends NZD & AUD lower
Negative interest rate announcement in Japan catches market off guard; US Fed dials back rate hike expectations; NZD trading with a firm tone
2nd Feb 16, 2:50pm
Negative interest rate announcement in Japan catches market off guard; US Fed dials back rate hike expectations; NZD trading with a firm tone
RBNZ interest rate cut expectation lifted on low inflation data; decline in dairy pricing suggests bias for lower interest rates; weaker local data and risk off selling holding NZ dollar down
26th Jan 16, 2:09pm
RBNZ interest rate cut expectation lifted on low inflation data; decline in dairy pricing suggests bias for lower interest rates; weaker local data and risk off selling holding NZ dollar down
Oil price weakness as sanctions lifted on Iran; Chinese authorities look reactionary and confidence in their abilities declining; global growth forecasts under threat already
19th Jan 16, 2:26pm
Oil price weakness as sanctions lifted on Iran; Chinese authorities look reactionary and confidence in their abilities declining; global growth forecasts under threat already
Yuan and Shanghai stock index tumbles on fears of slowdown in China; JPY benefactor from heightened volatility; NZD & AUD sold off against USD
12th Jan 16, 2:28pm
Yuan and Shanghai stock index tumbles on fears of slowdown in China; JPY benefactor from heightened volatility; NZD & AUD sold off against USD
Road to interest rate normalisation in US a long one; NZD well bid against AUD and many other trading partners
23rd Dec 15, 11:40am
Road to interest rate normalisation in US a long one; NZD well bid against AUD and many other trading partners
Risk off selling hits commodity currencies; Fed set to hike for first time in 9-years; continued rout in energy markets and recent cracks in junk bond market causing headaches
15th Dec 15, 2:18pm
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Risk off selling hits commodity currencies; Fed set to hike for first time in 9-years; continued rout in energy markets and recent cracks in junk bond market causing headaches
RBNZ rate cut expectations heightened on pessimistic global commodity price outlook; US looks set to hike following solid non-farm payrolls data; continued volatility likely
8th Dec 15, 2:41pm
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RBNZ rate cut expectations heightened on pessimistic global commodity price outlook; US looks set to hike following solid non-farm payrolls data; continued volatility likely
Failure of ECB to meet market expectations will force a squeeze on the Euro; RBA expected to keep interest rates unchanged; a miss in US employment data will disrupt Fed plans
1st Dec 15, 2:54pm
Failure of ECB to meet market expectations will force a squeeze on the Euro; RBA expected to keep interest rates unchanged; a miss in US employment data will disrupt Fed plans
Soggy euro trading ahead of ECB meeting; AUD standout performer as RBA rate cut looks likely; NZD/USD relinquishes gains to trade under 65c
24th Nov 15, 2:14pm
Soggy euro trading ahead of ECB meeting; AUD standout performer as RBA rate cut looks likely; NZD/USD relinquishes gains to trade under 65c
Risk appetite dampened following terrorist attacks; heavy trading in EUR continues; NZ Q3 retail sales report has had little impact on NZD
17th Nov 15, 2:23pm
Risk appetite dampened following terrorist attacks; heavy trading in EUR continues; NZ Q3 retail sales report has had little impact on NZD
Market expectation is now 70% chance of US rate hike; pressure on ECB for December rate cut; dovish rhetoric from BoE sees no interest rate change in near term
10th Nov 15, 1:51pm
Market expectation is now 70% chance of US rate hike; pressure on ECB for December rate cut; dovish rhetoric from BoE sees no interest rate change in near term
RBA likely to hold if market pricing is accurate; lack of inflation in Eurozone front of mind for ECB; global dairy auction and unemployment key drivers for NZD
3rd Nov 15, 2:28pm
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RBA likely to hold if market pricing is accurate; lack of inflation in Eurozone front of mind for ECB; global dairy auction and unemployment key drivers for NZD
China's PBoC surprises market with rate cut; BoJ the closest of the major central banks to making an interest rate decision; US Fed almost certain to hold and RBNZ expected to follow suit
27th Oct 15, 4:19pm
China's PBoC surprises market with rate cut; BoJ the closest of the major central banks to making an interest rate decision; US Fed almost certain to hold and RBNZ expected to follow suit
Small chance of Fed rate hike in December; argument against raising rates centres on low US inflation; markets susceptible to swings in sentiment and commodities
13th Oct 15, 1:49pm
Small chance of Fed rate hike in December; argument against raising rates centres on low US inflation; markets susceptible to swings in sentiment and commodities
Fed want to hike but held back by global environment; rate hike in US could trigger emerging market credit events; further easing from ECB and BoJ likely
6th Oct 15, 1:13pm
Fed want to hike but held back by global environment; rate hike in US could trigger emerging market credit events; further easing from ECB and BoJ likely
Broadbase USD support on rate hike expectations; next round of US data could shake up currencies too; Australasian currencies more concerned with Chinese numbers
29th Sep 15, 2:08pm
Broadbase USD support on rate hike expectations; next round of US data could shake up currencies too; Australasian currencies more concerned with Chinese numbers
RBNZ makes near-record surplus off the back of falling NZD; pays Crown $510 million dividend; questions what if there's an Auckland housing market correction
28th Sep 15, 3:40pm
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RBNZ makes near-record surplus off the back of falling NZD; pays Crown $510 million dividend; questions what if there's an Auckland housing market correction
USD recovers from immediate sell-off following Fed's in-action; October or December Fed meetings could signal potential lift off dates; inflation and global outlook a concern
22nd Sep 15, 2:09pm
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USD recovers from immediate sell-off following Fed's in-action; October or December Fed meetings could signal potential lift off dates; inflation and global outlook a concern
Market split on whether Fed will hike at next meeting; concern surrounding emerging markets as debt ratios are higher than in 2007; expect volatility in markets
15th Sep 15, 1:43pm
Market split on whether Fed will hike at next meeting; concern surrounding emerging markets as debt ratios are higher than in 2007; expect volatility in markets
Sharp falls in NZD and AUD following US employment report; China's slowing economy a drag on global growth; Emerging markets may face serious issues if US hikes interest rates
8th Sep 15, 1:44pm
Sharp falls in NZD and AUD following US employment report; China's slowing economy a drag on global growth; Emerging markets may face serious issues if US hikes interest rates