NZ$
Investor risk sentiment remains fragile with global equities extending recent losses amid disappointing earnings from large US tech companies. The ECB held rates steady at 4% as expected. US GDP expanded at a healthy 4.9% annual rate in Q3
27th Oct 23, 7:48am
Investor risk sentiment remains fragile with global equities extending recent losses amid disappointing earnings from large US tech companies. The ECB held rates steady at 4% as expected. US GDP expanded at a healthy 4.9% annual rate in Q3
A review of things you need to know before you sign off on Thursday; unsecured credit demand higher, household living costs jump, mortgage interest eats more of household budgets, swaps stable, NZD firms, & more
26th Oct 23, 4:00pm
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A review of things you need to know before you sign off on Thursday; unsecured credit demand higher, household living costs jump, mortgage interest eats more of household budgets, swaps stable, NZD firms, & more
Statistics NZ says food and housing continue to be key drivers of increased costs for households
26th Oct 23, 11:13am
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Statistics NZ says food and housing continue to be key drivers of increased costs for households
US equities lost ground as treasury yields moved sharply higher impacting risk sentiment. The Bank of Canada left rates steady at 5% as expected. Markets look ahead to the ECB meeting this evening and US Q3 GDP data
26th Oct 23, 7:49am
1
US equities lost ground as treasury yields moved sharply higher impacting risk sentiment. The Bank of Canada left rates steady at 5% as expected. Markets look ahead to the ECB meeting this evening and US Q3 GDP data
A review of things you need to know before you sign off on Wednesday; big banks move rates up, strong immigration doesn't bring strong growth, Aussie inflation in surprise rise, swaps hold, NZD holds, & more
25th Oct 23, 3:59pm
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A review of things you need to know before you sign off on Wednesday; big banks move rates up, strong immigration doesn't bring strong growth, Aussie inflation in surprise rise, swaps hold, NZD holds, & more
Softer European PMIs, stronger US PMIs support stronger USD. NZD/AUD grinds down further. US 10-year rate sustains the fall to below 5%
25th Oct 23, 7:49am
Softer European PMIs, stronger US PMIs support stronger USD. NZD/AUD grinds down further. US 10-year rate sustains the fall to below 5%
[updated]
A review of things you need to know before you sign off on Tuesday; 6.7% for a one year TD, vendors lower their sights, restoring interest deductibility to raise real estate demand, swaps unchanged, NZD holds, & more
24th Oct 23, 3:59pm
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A review of things you need to know before you sign off on Tuesday; 6.7% for a one year TD, vendors lower their sights, restoring interest deductibility to raise real estate demand, swaps unchanged, NZD holds, & more
Wild price action in the bond market; US 10-year rate trades as high as 5.02% before sharply plunging to 4.83%. US equities weak until sharp fall in rates drives strong recovery off the low
24th Oct 23, 7:48am
4
Wild price action in the bond market; US 10-year rate trades as high as 5.02% before sharply plunging to 4.83%. US equities weak until sharp fall in rates drives strong recovery off the low
Roger J Kerr sees the US playing a very high-stakes 'game' that cannot last, raising the risks of an American recession. The USD is over-valued and until it comes down, American interest rates will stay high
23rd Oct 23, 7:00am
11
Roger J Kerr sees the US playing a very high-stakes 'game' that cannot last, raising the risks of an American recession. The USD is over-valued and until it comes down, American interest rates will stay high
A review of things you need to know before you sign off on Friday; credit conditions tighter for some, exports to China fall, NZGB bond tender very popular, swaps hold high, NZD falls, & more
20th Oct 23, 3:59pm
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A review of things you need to know before you sign off on Friday; credit conditions tighter for some, exports to China fall, NZGB bond tender very popular, swaps hold high, NZD falls, & more
Whippy markets during Powell speech as US 10-year trades a fresh high for the cycle. NZ long-term rates follow global moves and close at fresh highs
20th Oct 23, 8:09am
Whippy markets during Powell speech as US 10-year trades a fresh high for the cycle. NZ long-term rates follow global moves and close at fresh highs
A review of things you need to know before you sign off on Thursday; tough for FHBs but they borrow anyway, fraudsters jailed, NZGB tender 880 delayed, long swaps jump, NZD lower, & more
19th Oct 23, 3:59pm
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A review of things you need to know before you sign off on Thursday; tough for FHBs but they borrow anyway, fraudsters jailed, NZGB tender 880 delayed, long swaps jump, NZD lower, & more
Global bonds markets under pressure with US treasuries making fresh multi-year highs ahead of a widely anticipated speech by Fed Chair Powell. Oil prices higher. The Chinese economy expanded 4.9% in Q3, faster than expected
19th Oct 23, 7:54am
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Global bonds markets under pressure with US treasuries making fresh multi-year highs ahead of a widely anticipated speech by Fed Chair Powell. Oil prices higher. The Chinese economy expanded 4.9% in Q3, faster than expected
[updated]
A review of things you need to know before you sign off on Wednesday; higher retail rates, higher dairy prices & payout, more price indexes more frequently, swaps jump, oil up, NZD down, & more
18th Oct 23, 3:59pm
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A review of things you need to know before you sign off on Wednesday; higher retail rates, higher dairy prices & payout, more price indexes more frequently, swaps jump, oil up, NZD down, & more
Much stronger than expected US retail sales data and recovery in industrial production play to economic resilience narrative. US Treasury yields higher across the curve
18th Oct 23, 8:04am
Much stronger than expected US retail sales data and recovery in industrial production play to economic resilience narrative. US Treasury yields higher across the curve
[updated]
A review of things you need to know before you sign off on Tuesday; inflation falls faster than expected, work visa arrivals more than expected, RBA hawkishness unexpected, swaps stable, NZD soft, & more
17th Oct 23, 3:59pm
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A review of things you need to know before you sign off on Tuesday; inflation falls faster than expected, work visa arrivals more than expected, RBA hawkishness unexpected, swaps stable, NZD soft, & more
Economists rule out November rate hike as inflation falls as RBNZ had forecast
17th Oct 23, 2:31pm
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Economists rule out November rate hike as inflation falls as RBNZ had forecast
Inflation has fallen by far more than anybody expected, despite surging fuel costs, which suggests the Reserve Bank's interest rate rises of the recent past are working
17th Oct 23, 11:22am
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Inflation has fallen by far more than anybody expected, despite surging fuel costs, which suggests the Reserve Bank's interest rate rises of the recent past are working
New week kicks off with higher risk appetite. USD broadly weaker, US equities higher, US Treasury yields higher with 10-year rate up 10bps. Eyes on NZ CPI, expecting high inflation rate
17th Oct 23, 7:46am
New week kicks off with higher risk appetite. USD broadly weaker, US equities higher, US Treasury yields higher with 10-year rate up 10bps. Eyes on NZ CPI, expecting high inflation rate
A review of things you need to know before you sign off on Monday; numerous retail rate changes & some interesting, household net worth falls, service sector expands, tractor sales low, swaps on hold, NZD stable, & more
16th Oct 23, 3:59pm
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A review of things you need to know before you sign off on Monday; numerous retail rate changes & some interesting, household net worth falls, service sector expands, tractor sales low, swaps on hold, NZD stable, & more
Roger J Kerr says policy initiatives from the new Government should attract inwards capital and portfolio investors
16th Oct 23, 8:37am
4
Roger J Kerr says policy initiatives from the new Government should attract inwards capital and portfolio investors
Rising investor risk aversion hangs over global markets. Global equities fell and flows into safe haven assets picked up. Both oil and gold surged. US consumer sentiment fell to the lowest level since May
16th Oct 23, 7:23am
Rising investor risk aversion hangs over global markets. Global equities fell and flows into safe haven assets picked up. Both oil and gold surged. US consumer sentiment fell to the lowest level since May
For the sake of its credibility the Reserve Bank needs to see some meaningful easing in domestic inflationary pressures when the latest Consumers Price Index figures are released in the coming week
15th Oct 23, 6:01am
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For the sake of its credibility the Reserve Bank needs to see some meaningful easing in domestic inflationary pressures when the latest Consumers Price Index figures are released in the coming week
A review of things you need to know before you sign off on Friday; Reverse mortgage rate almost touches 10%, PMI weaker, retail sales fall, SkyTV mulls takeover offer, swaps up, NZD down, & more
13th Oct 23, 3:59pm
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A review of things you need to know before you sign off on Friday; Reverse mortgage rate almost touches 10%, PMI weaker, retail sales fall, SkyTV mulls takeover offer, swaps up, NZD down, & more
Annual US core inflation falls to two-year low of 4.1%, but strong underbelly for September plays to higher for longer rates theme. US Treasury yields up strongly, with further kick higher for the long end after a poor 30-year auction
13th Oct 23, 7:57am
Annual US core inflation falls to two-year low of 4.1%, but strong underbelly for September plays to higher for longer rates theme. US Treasury yields up strongly, with further kick higher for the long end after a poor 30-year auction