Inflation
Roger J Kerr points out recent surveys show that NZ businesses intend to raise prices, and that as capacity constraints grow those rises are likely
3rd Nov 14, 2:52pm
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Roger J Kerr points out recent surveys show that NZ businesses intend to raise prices, and that as capacity constraints grow those rises are likely
Roger J Kerr says the kiwi dollar and NZ will still be a reasonably attractive destination for global funds as our interest rates remain 4% above the alternatives
3rd Nov 14, 2:25pm
Roger J Kerr says the kiwi dollar and NZ will still be a reasonably attractive destination for global funds as our interest rates remain 4% above the alternatives
Local interest rate market flattens ahead of major moves with some US asset reallocation out of fixed income; UST 10yr rise to 2.34%
3rd Nov 14, 9:21am
Local interest rate market flattens ahead of major moves with some US asset reallocation out of fixed income; UST 10yr rise to 2.34%
BNZ pushes out its expectations of when the next RBNZ rate hike will happen, and lowers the expected peak
31st Oct 14, 8:23am
BNZ pushes out its expectations of when the next RBNZ rate hike will happen, and lowers the expected peak
Strong local receiving demand blunts NZ swap rates; eyes on RBNZ tone as no-one expects a rate hike signal
30th Oct 14, 8:15am
Strong local receiving demand blunts NZ swap rates; eyes on RBNZ tone as no-one expects a rate hike signal
BNZ says it is hard to see short end swaps falling further; US yields volatile on surprise lower, then higher data; local eyes today on business confidence survey
29th Oct 14, 7:34am
BNZ says it is hard to see short end swaps falling further; US yields volatile on surprise lower, then higher data; local eyes today on business confidence survey
Roger J Kerr points out there is a good opportunity for corporates to issue significant new fixed income bonds, but he also sees the inhibitions
28th Oct 14, 3:00pm
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Roger J Kerr points out there is a good opportunity for corporates to issue significant new fixed income bonds, but he also sees the inhibitions
Expectations for rate hikes from Fed and BoE have been pushed back to end of 2015; lower oil prices offers stimulation to most economies
28th Oct 14, 2:31pm
Expectations for rate hikes from Fed and BoE have been pushed back to end of 2015; lower oil prices offers stimulation to most economies
Roger J Kerr says that despite an expected dovish RBNZ Statement this week, 3% economic growth when inflation is 1% means real wealth is being created and that will support the NZD
28th Oct 14, 12:27pm
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Roger J Kerr says that despite an expected dovish RBNZ Statement this week, 3% economic growth when inflation is 1% means real wealth is being created and that will support the NZD
Markets ignore big trade deficit and push local rates higher with a steepening bias; curve close to cycle trough?
28th Oct 14, 8:18am
Markets ignore big trade deficit and push local rates higher with a steepening bias; curve close to cycle trough?
Market sentiment rises as Eurozone manufacturing expanding again. Yields rise worldwide and NZ expected to follow
24th Oct 14, 8:15am
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Market sentiment rises as Eurozone manufacturing expanding again. Yields rise worldwide and NZ expected to follow
Stats NZ says CPI rose 0.3% in Sept qtr and 1.0% in year to Sept qtr; weaker than economists' forecasts of 0.5% for qtr and 1.1% for year
23rd Oct 14, 11:04am
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Stats NZ says CPI rose 0.3% in Sept qtr and 1.0% in year to Sept qtr; weaker than economists' forecasts of 0.5% for qtr and 1.1% for year
NZ swaps up, UST 10yr yields up, markets see an RBA cut by year end, eyes on NZ CPI today
23rd Oct 14, 7:56am
NZ swaps up, UST 10yr yields up, markets see an RBA cut by year end, eyes on NZ CPI today
International equities push higher and bond yields rise; RBNZ seen as 'flexible' in use of policy tools
22nd Oct 14, 8:16am
International equities push higher and bond yields rise; RBNZ seen as 'flexible' in use of policy tools
Ongoing global growth concerns created volatility in the early part of last week but by the end nerves were calmed by better than expected US data
21st Oct 14, 8:38am
Ongoing global growth concerns created volatility in the early part of last week but by the end nerves were calmed by better than expected US data
BNZ pushes back its expectation of RBNZ rate hikes to September 2015 on a lower CPI track
21st Oct 14, 7:53am
BNZ pushes back its expectation of RBNZ rate hikes to September 2015 on a lower CPI track
Roger J Kerr reviews a bond market on edge, spooked by many things including some non-economic ones. But it is economic fundamentals that show the real direction
20th Oct 14, 3:00pm
Roger J Kerr reviews a bond market on edge, spooked by many things including some non-economic ones. But it is economic fundamentals that show the real direction
Roger J Kerr expects the NZD to stay below 80 USc and hold its own against the euro. He also warns of inflation complacency
20th Oct 14, 12:59pm
Roger J Kerr expects the NZD to stay below 80 USc and hold its own against the euro. He also warns of inflation complacency
Markets bracing for a period of increased volatility; better US data sees a sell-off in US Treasuries and yields rise
20th Oct 14, 8:00am
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Markets bracing for a period of increased volatility; better US data sees a sell-off in US Treasuries and yields rise
Westpac chief economist says RBNZ may now not increase OCR until after June next year
17th Oct 14, 10:51am
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Westpac chief economist says RBNZ may now not increase OCR until after June next year
US 10-year Treasury yields plunge to 1.88% before snapping back to 2.09%, and a major fall for the day
16th Oct 14, 8:26am
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US 10-year Treasury yields plunge to 1.88% before snapping back to 2.09%, and a major fall for the day
NZ interest rates grind lower as global growth concerns weigh on international interest rate markets
15th Oct 14, 8:28am
NZ interest rates grind lower as global growth concerns weigh on international interest rate markets
IMF says "bold action" needed to bolster global growth; Chinese economy holding up; Japanese and eurozone economies continue to struggle
14th Oct 14, 2:22pm
IMF says "bold action" needed to bolster global growth; Chinese economy holding up; Japanese and eurozone economies continue to struggle
NZ swaps fall in sympathy with US rates as markets push out expectations of Fed Funds Rate hikes
14th Oct 14, 8:24am
NZ swaps fall in sympathy with US rates as markets push out expectations of Fed Funds Rate hikes
Roger J Kerr wonders whether the yields for US Treasury bonds are defying logic, and points to the non-economic drivers that may be behind the falls
13th Oct 14, 11:14am
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Roger J Kerr wonders whether the yields for US Treasury bonds are defying logic, and points to the non-economic drivers that may be behind the falls