OCR
The first major bank to respond to today's RBNZ OCR cut decides not to pass all of it on, despite the RBNZ's guidance to do so
10th Mar 16, 5:31pm
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The first major bank to respond to today's RBNZ OCR cut decides not to pass all of it on, despite the RBNZ's guidance to do so
RBNZ's Wheeler says he expects all of 25 bps cut in OCR to be passed on to floating rates; RBNZ's Hodgetts says impact of foreign funding costs only 'relatively mild' and expects 'bulk' of lower rates to be passed on
10th Mar 16, 1:47pm
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RBNZ's Wheeler says he expects all of 25 bps cut in OCR to be passed on to floating rates; RBNZ's Hodgetts says impact of foreign funding costs only 'relatively mild' and expects 'bulk' of lower rates to be passed on
Where does the Reserve Bank's mother of all u-turns leave our immediate outlook for interest rates?
10th Mar 16, 1:26pm
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Where does the Reserve Bank's mother of all u-turns leave our immediate outlook for interest rates?
Swap rates follow the OCR to record lows. 1 yr down -33 bps since January, 5 yr down -43 bps over same period
10th Mar 16, 12:25pm
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Swap rates follow the OCR to record lows. 1 yr down -33 bps since January, 5 yr down -43 bps over same period
The Co-operative Bank drops its floating mortgage rate by 25 basis points
RBNZ surprises with 25 bps cut to 2.25%; forecasts one more cut; concerned about falling inflation expectations; says wants NZ$ to fall
10th Mar 16, 9:03am
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RBNZ surprises with 25 bps cut to 2.25%; forecasts one more cut; concerned about falling inflation expectations; says wants NZ$ to fall
Official statement from the Reserve Bank; OCR reduced to 2.25%
10th Mar 16, 9:02am
Official statement from the Reserve Bank; OCR reduced to 2.25%
Risks tilted to RBNZ statement not being dovish enough, NZD could head higher; EUR positioning ahead of important ECB meeting tonight
10th Mar 16, 8:29am
Risks tilted to RBNZ statement not being dovish enough, NZD could head higher; EUR positioning ahead of important ECB meeting tonight
Reserve Bank weekly figures show new record highs for amount loaned as mortgages and the size of the mortgages
9th Mar 16, 4:09pm
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Reserve Bank weekly figures show new record highs for amount loaned as mortgages and the size of the mortgages
Commodity prices pull back; softer China trade balance dampens market sentiment back; challenge for RBNZ will be to sound sufficiently dovish to prevent a knee-jerk bounce in NZD
9th Mar 16, 8:12am
Commodity prices pull back; softer China trade balance dampens market sentiment back; challenge for RBNZ will be to sound sufficiently dovish to prevent a knee-jerk bounce in NZD
Oil futures up 3% overnight, ‘oil-linked’ CAD and NOK follow suit; Brexit could see NZD/GBP back at 0.5000; decline in China's FX reserves slows; AUD/USD up 1% from lows
8th Mar 16, 8:14am
Oil futures up 3% overnight, ‘oil-linked’ CAD and NOK follow suit; Brexit could see NZD/GBP back at 0.5000; decline in China's FX reserves slows; AUD/USD up 1% from lows
Rodney Dickens says it's interest rate policy that drives house prices and therefore affordability; migration is only of secondary importance
8th Mar 16, 5:02am
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Rodney Dickens says it's interest rate policy that drives house prices and therefore affordability; migration is only of secondary importance
ASB economists say the Reserve Bank 'sounds complacent' about the downside risks to inflation
7th Mar 16, 2:47pm
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ASB economists say the Reserve Bank 'sounds complacent' about the downside risks to inflation
Roger J Kerr counters the arguments for lower interest rates and says the hurdle for a further OCR reduction is higher than most commentators are currently suggesting
7th Mar 16, 11:23am
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Roger J Kerr counters the arguments for lower interest rates and says the hurdle for a further OCR reduction is higher than most commentators are currently suggesting
US payrolls report a 'goldilocks' print, non-farm payrolls beats expectations; both NZD and AUD stronger against USD as oil price rises again; China growth target set at 6.5% - 7%
7th Mar 16, 8:41am
US payrolls report a 'goldilocks' print, non-farm payrolls beats expectations; both NZD and AUD stronger against USD as oil price rises again; China growth target set at 6.5% - 7%
BNZ's Stephen Toplis doubts whether an OCR cut or hold by the RBNZ will have a meaningful impact on inflation for the foreseeable future
4th Mar 16, 1:11pm
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BNZ's Stephen Toplis doubts whether an OCR cut or hold by the RBNZ will have a meaningful impact on inflation for the foreseeable future
Trader positioning driving NZD; US non-farm payroll data to determine direction of NZD in short-term; AUD continues strong run; GBP rallying from oversold territory
4th Mar 16, 8:10am
Trader positioning driving NZD; US non-farm payroll data to determine direction of NZD in short-term; AUD continues strong run; GBP rallying from oversold territory
Barfoot & Thompson median price dropped 2.9% to $738,000 in February; down $62,000 since December; 698 houses sold - down 17.2% on same month a year ago
3rd Mar 16, 10:42am
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Barfoot & Thompson median price dropped 2.9% to $738,000 in February; down $62,000 since December; 698 houses sold - down 17.2% on same month a year ago
Australian Q4 growth handily beats market expectations, boosting AUD. Fair-value reassessments see NZD fall and it may fall further
3rd Mar 16, 7:53am
Australian Q4 growth handily beats market expectations, boosting AUD. Fair-value reassessments see NZD fall and it may fall further
Global dairy prices made a slight gain to end a run of four consecutive auctions worth of losses; Wholemilk powder prices did, however, claim a respectable 5.5% gain
2nd Mar 16, 8:20am
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Global dairy prices made a slight gain to end a run of four consecutive auctions worth of losses; Wholemilk powder prices did, however, claim a respectable 5.5% gain
Bottom in US manufacturing reached; risk back on the table as equities rise and Yen weakens; China PMI data continues to disappoint; RBA statement fails to move AUD
2nd Mar 16, 8:07am
Bottom in US manufacturing reached; risk back on the table as equities rise and Yen weakens; China PMI data continues to disappoint; RBA statement fails to move AUD
NZIER expects the RBNZ to keep interest rates on hold this year and for most of 2017
2nd Mar 16, 1:02am
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NZIER expects the RBNZ to keep interest rates on hold this year and for most of 2017
Co-operative Bank CEO Bruce McLachlan says it's 'quite telling' that no other bank has yet followed HSBC's 3.95% mortgage rate
1st Mar 16, 12:19pm
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Co-operative Bank CEO Bruce McLachlan says it's 'quite telling' that no other bank has yet followed HSBC's 3.95% mortgage rate
BNZ raises some key 'special' mortgage rates, cuts many 'standard' rates, as wholesale money costs head down to record lows
1st Mar 16, 10:08am
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BNZ raises some key 'special' mortgage rates, cuts many 'standard' rates, as wholesale money costs head down to record lows
Eurozone CPI falls to fresh lows; EUR suffering spill-over effect from GBP weakness and expectations of additional ECB stimulus; expectations of further rate cuts by RBNZ fuelled by weaker data
1st Mar 16, 8:10am
Eurozone CPI falls to fresh lows; EUR suffering spill-over effect from GBP weakness and expectations of additional ECB stimulus; expectations of further rate cuts by RBNZ fuelled by weaker data