Gold
Dairy prices hold in USD, fall in NZD; US real estate markets weak; Canada inflation retreats; China's birthrate dives; UST 10yr 4.43%; gold up and oil slips; NZ$1 = 60.6 USc; TWI-5 = 69.6
22nd Nov 23, 7:25am
61
Dairy prices hold in USD, fall in NZD; US real estate markets weak; Canada inflation retreats; China's birthrate dives; UST 10yr 4.43%; gold up and oil slips; NZ$1 = 60.6 USc; TWI-5 = 69.6
Eyes on US retail activity; China leaves key lending rates unchanged; Taiwan export orders rise; Argentina's new mess; Turkey trapped; UST 10yr 4.42%; gold down and oil up; NZ$1 = 60.2 USc; TWI-5 = 69.2
21st Nov 23, 7:19am
71
Eyes on US retail activity; China leaves key lending rates unchanged; Taiwan export orders rise; Argentina's new mess; Turkey trapped; UST 10yr 4.42%; gold down and oil up; NZ$1 = 60.2 USc; TWI-5 = 69.2
China FDI weaker; US housing starts stronger; US finds missing workers; Canada PPI falling; EU C/A surplus swells; Argentina votes; UST 10yr 4.44%; gold and oil stable; NZ$1 = 59.8 USc; TWI-5 = 69.1
20th Nov 23, 7:19am
54
China FDI weaker; US housing starts stronger; US finds missing workers; Canada PPI falling; EU C/A surplus swells; Argentina votes; UST 10yr 4.44%; gold and oil stable; NZ$1 = 59.8 USc; TWI-5 = 69.1
American housing starts rise; missing workers may be found; US & China struggle with FDI; Canada PPI lower; UST 10yr 4.43%; gold eases but oil recovers; NZ$1 = 59.8 USc; TWI-5 = 69
18th Nov 23, 8:01am
29
American housing starts rise; missing workers may be found; US & China struggle with FDI; Canada PPI lower; UST 10yr 4.43%; gold eases but oil recovers; NZ$1 = 59.8 USc; TWI-5 = 69
US second-tier data generally unimpressive; China's house prices fall; Australian jobless rate rises; freight rates rise; UST 10yr 4.44%; gold up but oil sharply lower; NZ$1 = 59.8 USc; TWI-5 = 69.2
17th Nov 23, 7:20am
110
US second-tier data generally unimpressive; China's house prices fall; Australian jobless rate rises; freight rates rise; UST 10yr 4.44%; gold up but oil sharply lower; NZ$1 = 59.8 USc; TWI-5 = 69.2
Xi in US; tame US data as inflation impulse eases; US shutdown threat fades; weaker data from Japan, China and the EU; Aussie wages up less than inflation; UST 10yr 4.55%; gold and oil lower; NZ$1 = 60.3 USc; TWI-5 = 69.6
16th Nov 23, 7:20am
58
Xi in US; tame US data as inflation impulse eases; US shutdown threat fades; weaker data from Japan, China and the EU; Aussie wages up less than inflation; UST 10yr 4.55%; gold and oil lower; NZ$1 = 60.3 USc; TWI-5 = 69.6
US CPI inflation eases more than expected; this draws outsized market reactions; China mulls more housing assistance; EU GDP lame; NAB sentiment falls; UST 10yr 4.47%; gold and oil firmer; NZ$1 = 59.9 USc; TWI-5 = 69.2
15th Nov 23, 7:19am
72
US CPI inflation eases more than expected; this draws outsized market reactions; China mulls more housing assistance; EU GDP lame; NAB sentiment falls; UST 10yr 4.47%; gold and oil firmer; NZ$1 = 59.9 USc; TWI-5 = 69.2
US inflation expectations stable; SME pessimism lifts; US budget shutdown threat again; Japan data weak; India CPI slips; China new yuan loans soft; RBA sees bumpy road; UST 10yr 4.64%; gold and oil firmer; NZ$1 = 58.9 USc; TWI-5 = 68.8
14th Nov 23, 7:19am
13
US inflation expectations stable; SME pessimism lifts; US budget shutdown threat again; Japan data weak; India CPI slips; China new yuan loans soft; RBA sees bumpy road; UST 10yr 4.64%; gold and oil firmer; NZ$1 = 58.9 USc; TWI-5 = 68.8
Moody's dials back US credit rating; US sentiment sluggish; eyes on APEC summit; China discounting embeds deflation; DP World kneecapped in Australia; UST 10yr 4.65%; gold and oil firmer; NZ$1 = 58.9 USc; TWI-5 = 68.9
13th Nov 23, 7:19am
57
Moody's dials back US credit rating; US sentiment sluggish; eyes on APEC summit; China discounting embeds deflation; DP World kneecapped in Australia; UST 10yr 4.65%; gold and oil firmer; NZ$1 = 58.9 USc; TWI-5 = 68.9
US eyes on CPI and inflation expectations; APEC meeting between Biden and Xi confirmed; China car sales top out; India factories unexpectedly retreat; UST 10yr 4.62%; gold down and oil up; NZ$1 = 58.9 USc; TWI-5 = 68.9
11th Nov 23, 8:46am
57
US eyes on CPI and inflation expectations; APEC meeting between Biden and Xi confirmed; China car sales top out; India factories unexpectedly retreat; UST 10yr 4.62%; gold down and oil up; NZ$1 = 58.9 USc; TWI-5 = 68.9
US jobless claims rise; China slips into deflation; Ping An loses; Apple loses; air travel up; container freight rates up; UST 10yr 4.62%; gold up and oil stays low; NZ$1 = 59.4 USc; TWI-5 = 69.3
10th Nov 23, 7:19am
26
US jobless claims rise; China slips into deflation; Ping An loses; Apple loses; air travel up; container freight rates up; UST 10yr 4.62%; gold up and oil stays low; NZ$1 = 59.4 USc; TWI-5 = 69.3
US data lackluster; drought effects bite in beef markets; China plays with fire over restructuring plans; Aussie drought shift; global air cargo up; UST 10yr 4.53%; gold and oil down again; NZ$1 = 59.3 USc; TWI-5 = 69
9th Nov 23, 7:24am
51
US data lackluster; drought effects bite in beef markets; China plays with fire over restructuring plans; Aussie drought shift; global air cargo up; UST 10yr 4.53%; gold and oil down again; NZ$1 = 59.3 USc; TWI-5 = 69
Dairy prices fall; US trade deficit little-changed; Canada exports rise; IMF sees better China expansion; China exports drop; RBA raises policy rate; UST 10yr 4.57%; gold and oil down; NZ$1 = 59.3 USc; TWI-5 = 69.1
8th Nov 23, 7:21am
53
Dairy prices fall; US trade deficit little-changed; Canada exports rise; IMF sees better China expansion; China exports drop; RBA raises policy rate; UST 10yr 4.57%; gold and oil down; NZ$1 = 59.3 USc; TWI-5 = 69.1
Albanese and Xi meet; Aussie inflation stabilises; RBA expected to raise rates; German factory orders rise; UST 10yr 4.65%; gold down and oil up; NZ$1 = 59.8 USc; TWI-5 = 69.2
7th Nov 23, 7:19am
14
Albanese and Xi meet; Aussie inflation stabilises; RBA expected to raise rates; German factory orders rise; UST 10yr 4.65%; gold down and oil up; NZ$1 = 59.8 USc; TWI-5 = 69.2
China PMIs lackluster; China suffers FDI outflow; US non-farm payrolls grow but PMIs soft; Aussie retail volumes sink; Albanese in Beijing; UST 10yr 4.58%; gold and oil tick up; NZ$1 = 60 USc; TWI-5 = 69.4
6th Nov 23, 7:20am
38
China PMIs lackluster; China suffers FDI outflow; US non-farm payrolls grow but PMIs soft; Aussie retail volumes sink; Albanese in Beijing; UST 10yr 4.58%; gold and oil tick up; NZ$1 = 60 USc; TWI-5 = 69.4
Central banks gold buying maintained a historic pace but fell short of the Q3’22 record. Jewellery demand softened slightly in the face of high gold prices, while the investment picture was mixed.
4th Nov 23, 9:00am
Central banks gold buying maintained a historic pace but fell short of the Q3’22 record. Jewellery demand softened slightly in the face of high gold prices, while the investment picture was mixed.
US nonfarm payrolls rise; US service sector expands more slowly; ditto China; China FDI in rare retreat; Aussie retail sales volumes weak; UST 10yr 4.56%; gold up and oil down sharply; NZ$1 = 59.9 USc; TWI-5 = 69.3
4th Nov 23, 8:42am
38
US nonfarm payrolls rise; US service sector expands more slowly; ditto China; China FDI in rare retreat; Aussie retail sales volumes weak; UST 10yr 4.56%; gold up and oil down sharply; NZ$1 = 59.9 USc; TWI-5 = 69.3
US data strong; Japan cuts taxes; Norway and England hold rates; Australia's exports fall, imports surge; container freight rates rise; UST 10yr 4.67%; gold up and oil stable; NZ$1 = 58.8 USc; TWI-5 = 68.7
3rd Nov 23, 7:29am
56
US data strong; Japan cuts taxes; Norway and England hold rates; Australia's exports fall, imports surge; container freight rates rise; UST 10yr 4.67%; gold up and oil stable; NZ$1 = 58.8 USc; TWI-5 = 68.7
The US Fed sings the expected song; US labour markets signals strong; ISM PMI weaker; China PMIs slip; India jobless jump; Aussie building consents dive; UST 10yr 4.81%; gold lower and oil stable; NZ$1 = 58.3 USc; TWI-5 = 68.4
2nd Nov 23, 7:29am
94
The US Fed sings the expected song; US labour markets signals strong; ISM PMI weaker; China PMIs slip; India jobless jump; Aussie building consents dive; UST 10yr 4.81%; gold lower and oil stable; NZ$1 = 58.3 USc; TWI-5 = 68.4
China stumbles and Xi directs recovery; Bank of Japan loosens yield curve policy; EU inflation drops; US retail rises; migrants key to Aussie growth; UST 10yr 4.86%; gold and oil lower; NZ$1 = 58.1 USc; TWI-5 = 68.3
1st Nov 23, 7:19am
23
China stumbles and Xi directs recovery; Bank of Japan loosens yield curve policy; EU inflation drops; US retail rises; migrants key to Aussie growth; UST 10yr 4.86%; gold and oil lower; NZ$1 = 58.1 USc; TWI-5 = 68.3
HSBC profits jump; UAW wins; eyes on Bank of Japan; World Bank commodity review sanguine; German inflation falls; Aussie retail rises more than expected; UST 10yr 4.89%; gold and oil lower; NZ$1 = 58.3 USc; TWI-5 = 68.2
31st Oct 23, 7:19am
97
HSBC profits jump; UAW wins; eyes on Bank of Japan; World Bank commodity review sanguine; German inflation falls; Aussie retail rises more than expected; UST 10yr 4.89%; gold and oil lower; NZ$1 = 58.3 USc; TWI-5 = 68.2
Core US PCE rises +3.7%; US earnings season positive so far; China profits revive recently; Australia walks away from trade deal talks with the EU; UST 10yr 4.85%; gold and oil up; NZ$1 = 58.1 USc; TWI-5 = 68.4
30th Oct 23, 7:20am
67
Core US PCE rises +3.7%; US earnings season positive so far; China profits revive recently; Australia walks away from trade deal talks with the EU; UST 10yr 4.85%; gold and oil up; NZ$1 = 58.1 USc; TWI-5 = 68.4
American consumer spending rises but brittle; earnings season positive; China industrial profits fall less; Aussie PPI up modestly; carbon price languishes; UST 10yr 4.86%; gold and oil up; NZ$1 = 58.2 USc; TWI-5 = 68.4
28th Oct 23, 8:03am
20
American consumer spending rises but brittle; earnings season positive; China industrial profits fall less; Aussie PPI up modestly; carbon price languishes; UST 10yr 4.86%; gold and oil up; NZ$1 = 58.2 USc; TWI-5 = 68.4
US data very positive, especially Q3 GDP growth; Canadian earnings rise; banks in China stumble; Singapore gets its own turnaround; freight rates fall; UST 10yr 4.85%; gold up and oil down; NZ$1 = 58.1 USc; TWI-5 = 68.4
27th Oct 23, 7:19am
78
US data very positive, especially Q3 GDP growth; Canadian earnings rise; banks in China stumble; Singapore gets its own turnaround; freight rates fall; UST 10yr 4.85%; gold up and oil down; NZ$1 = 58.1 USc; TWI-5 = 68.4
Over the long run, gold still holds its purchasing power value, outstripping inflation in NZ dollar terms. But it can cost money to hold it, it gives no income, and converting it back into local currency comes with costs too
26th Oct 23, 1:05pm
29
Over the long run, gold still holds its purchasing power value, outstripping inflation in NZ dollar terms. But it can cost money to hold it, it gives no income, and converting it back into local currency comes with costs too