Inflation
Bernard Hickey argues lower consumer prices are not always a good thing and warns of the structurally heavy forces of deflation gathering around the world
8th Dec 13, 7:54am
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Bernard Hickey argues lower consumer prices are not always a good thing and warns of the structurally heavy forces of deflation gathering around the world
RBNZ & RBA talk down their respective dollars; ECB surprises with rate cut; how to insulate your portfolio against rising interest rates
5th Dec 13, 4:46pm
RBNZ & RBA talk down their respective dollars; ECB surprises with rate cut; how to insulate your portfolio against rising interest rates
2-10-year yield curve steepens further; BNZ see "fair value" for 2-year swaps at 3.70%
5th Dec 13, 8:26am
2-10-year yield curve steepens further; BNZ see "fair value" for 2-year swaps at 3.70%
2 and 5-year swaps are trading around recent highs; 5-year swap now seen as expensive from a hedging perspective
4th Dec 13, 7:49am
2 and 5-year swaps are trading around recent highs; 5-year swap now seen as expensive from a hedging perspective
Over the longer term, bonds still provide excellent returns compared to the much more volatile, lower ranking and regulatory impacted equity market
3rd Dec 13, 9:45am
Over the longer term, bonds still provide excellent returns compared to the much more volatile, lower ranking and regulatory impacted equity market
Fears of adding support to the NZ$ is preventing the RBNZ from hiking the OCR before it needs to
3rd Dec 13, 8:35am
Fears of adding support to the NZ$ is preventing the RBNZ from hiking the OCR before it needs to
Roger J Kerr says surging capacity utilisation portends an inflation burst. Get ready for OCR rate hikes
2nd Dec 13, 6:20pm
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Roger J Kerr says surging capacity utilisation portends an inflation burst. Get ready for OCR rate hikes
Flattening of the yield curve as the short end continues to rise; market now fully pricing in OCR hike by March 2014
2nd Dec 13, 8:47am
Flattening of the yield curve as the short end continues to rise; market now fully pricing in OCR hike by March 2014
Investors worried about rising interest rates can insulate their portfolios via floating rate notes or resettable securities
26th Nov 13, 9:02am
Investors worried about rising interest rates can insulate their portfolios via floating rate notes or resettable securities
ANZ economists see possibility of Reserve Bank lifting official interest rates early
25th Nov 13, 4:15pm
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ANZ economists see possibility of Reserve Bank lifting official interest rates early
Roger J Kerr says borrowers have finally realised that short-term interest rates in New Zealand are now more likely to increase by 2% over the next 18 months
25th Nov 13, 11:27am
Roger J Kerr says borrowers have finally realised that short-term interest rates in New Zealand are now more likely to increase by 2% over the next 18 months
ACC recommends cutting work levy by average 17%, earners levy by 15% and vehicle levy by 5%
25th Nov 13, 10:23am
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ACC recommends cutting work levy by average 17%, earners levy by 15% and vehicle levy by 5%
Higher US yields sees NZ 2-year swaps close over 3.6% and hit the top of its three month range
22nd Nov 13, 8:35am
Higher US yields sees NZ 2-year swaps close over 3.6% and hit the top of its three month range
On the global front, both in terms of real growth and simmering inflation pressures NZ is an outlier; rate hikes will not be too far away
21st Nov 13, 8:29am
On the global front, both in terms of real growth and simmering inflation pressures NZ is an outlier; rate hikes will not be too far away
Constrained NZ govt bond supply and range-bound US 10-year yields will possibly limit the sell-off in NZ long-bonds if the OCR rises
20th Nov 13, 8:53am
Constrained NZ govt bond supply and range-bound US 10-year yields will possibly limit the sell-off in NZ long-bonds if the OCR rises
Under the ‘temporary’ LVR restrictions we could see house sales falling by 3% to 8% and house price inflation being lower by between 1% and 4%
19th Nov 13, 8:30am
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Under the ‘temporary’ LVR restrictions we could see house sales falling by 3% to 8% and house price inflation being lower by between 1% and 4%
Markets see Yellen and providing continuity to existing policies but potentially setting even stricter labour market criteria before withdrawing stimulus
19th Nov 13, 7:50am
Markets see Yellen and providing continuity to existing policies but potentially setting even stricter labour market criteria before withdrawing stimulus
Roger J Kerr says the US bond and currency markets are making life tough for the RBNZ Governor
18th Nov 13, 2:05pm
Roger J Kerr says the US bond and currency markets are making life tough for the RBNZ Governor
Likely to see both the RBNZ and RBA to be in an interest rate hiking mode by mid to late 2014
18th Nov 13, 8:09am
Likely to see both the RBNZ and RBA to be in an interest rate hiking mode by mid to late 2014
The latest Govt bond tender (April 2020's) attracted a bid-to-cover ratio of 2.8x and sold at yields around pre-tender market values
15th Nov 13, 8:30am
The latest Govt bond tender (April 2020's) attracted a bid-to-cover ratio of 2.8x and sold at yields around pre-tender market values
Despite LVR restrictions being the equivalent of a 30 bps hike in the OCR the RBNZ reiterated its forecasts for the next 2-years in its latest Financial Stability Report
14th Nov 13, 8:20am
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Despite LVR restrictions being the equivalent of a 30 bps hike in the OCR the RBNZ reiterated its forecasts for the next 2-years in its latest Financial Stability Report
Too early to see what impact LVR restrictions are having on property market but market still expecting OCR hikes around mid 2014
13th Nov 13, 8:36am
Too early to see what impact LVR restrictions are having on property market but market still expecting OCR hikes around mid 2014
RBNZ is implementing alternative tools to avoid raising the OCR due to a growing economy while the RBA remain confused about where theirs is headed
12th Nov 13, 8:53am
RBNZ is implementing alternative tools to avoid raising the OCR due to a growing economy while the RBA remain confused about where theirs is headed
Bond yields higher across the curve with 105 bps of rate hikes priced in for next year
12th Nov 13, 8:01am
Bond yields higher across the curve with 105 bps of rate hikes priced in for next year
Roger J Kerr says the future direction for our interest rates is now well signaled; expect them to 1% higher in one year's time
11th Nov 13, 2:00pm
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Roger J Kerr says the future direction for our interest rates is now well signaled; expect them to 1% higher in one year's time