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OCR

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
by Guest
10
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
64
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
3
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
12
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
37
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
7
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
Roger J Kerr sees the stronger economic growth indicators leading to 'pressure points' and increased prices
29th Feb 16, 1:46pm
16
Roger J Kerr sees the stronger economic growth indicators leading to 'pressure points' and increased prices
Economists at country's biggest bank do u-turn; now see Official Cash Rate hitting 2%
29th Feb 16, 11:31am
30
Economists at country's biggest bank do u-turn; now see Official Cash Rate hitting 2%
The NZD tries to escape its tight range with a bid higher, but stop loss triggers put it back in the cage. Strong US data a backdrop to an impotent G20 meeting
29th Feb 16, 7:56am
1
The NZD tries to escape its tight range with a bid higher, but stop loss triggers put it back in the cage. Strong US data a backdrop to an impotent G20 meeting
GBP bounce could be temporary event; market ignores 6% drop in China's stockmarket; US durable goods orders data challenges view of slumping manufacturing sector due to strong USD
26th Feb 16, 8:07am
GBP bounce could be temporary event; market ignores 6% drop in China's stockmarket; US durable goods orders data challenges view of slumping manufacturing sector due to strong USD
English says central banks grappling with low inflation; NZ in better position than most as "RBNZ still has room to move if needed"
25th Feb 16, 1:05pm
83
English says central banks grappling with low inflation; NZ in better position than most as "RBNZ still has room to move if needed"
Oil prices continue to decline, inefficient & uneconomic oil producers will have to get out; weak economic data contributing to risk-off tone; relentless selling of GBP
25th Feb 16, 8:00am
Oil prices continue to decline, inefficient & uneconomic oil producers will have to get out; weak economic data contributing to risk-off tone; relentless selling of GBP
Westpac economists see inflation expectations falling still further over the next year, making the 'uphill battle' the Reserve Bank has been fighting that much harder
24th Feb 16, 3:03pm
26
Westpac economists see inflation expectations falling still further over the next year, making the 'uphill battle' the Reserve Bank has been fighting that much harder
Oil price down as hopes fade for coordinated policy effect on supply; GBP continues to be hit on Brexit concerns; NZD weakens to 200 day moving average as risk-off mood prevails
24th Feb 16, 8:28am
Oil price down as hopes fade for coordinated policy effect on supply; GBP continues to be hit on Brexit concerns; NZD weakens to 200 day moving average as risk-off mood prevails
Next technical level for NZD/USD is 69c; GBP/USD plunged to a 7-year low; oil production freeze deal still alive; risk on environment as oil prices & equity markets rise strongly
23rd Feb 16, 8:25am
1
Next technical level for NZD/USD is 69c; GBP/USD plunged to a 7-year low; oil production freeze deal still alive; risk on environment as oil prices & equity markets rise strongly
Roger J Kerr says the RBNZ's survey of inflation expectations is not a reliable indicator of future inflation
22nd Feb 16, 3:33pm
Roger J Kerr says the RBNZ's survey of inflation expectations is not a reliable indicator of future inflation
Kiwibank chief says the OCR is low enough and the Reserve Bank doesn't need to cut at the moment
22nd Feb 16, 10:31am
20
Kiwibank chief says the OCR is low enough and the Reserve Bank doesn't need to cut at the moment
EU worries that negative interest rates undermine bank stability; US inflation up; Yen strong; UK split on June Brexit vote; commodity currencies weaker
22nd Feb 16, 7:56am
EU worries that negative interest rates undermine bank stability; US inflation up; Yen strong; UK split on June Brexit vote; commodity currencies weaker
Christian Hawkesby reviews the awkward judgement the RBNZ is facing. He prefers a lower OCR, but notes the alternative approaches available
20th Feb 16, 5:02am
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Christian Hawkesby reviews the awkward judgement the RBNZ is facing. He prefers a lower OCR, but notes the alternative approaches available
Do we worry about inflation, or not?
19th Feb 16, 8:31am
20
Do we worry about inflation, or not?
ECB discusses pre-emptive moves to counter downside risks; GBP will remain vulnerable to renewed ‘Brexit’ fears; cyclical low for NZD/USD seen around 60c
19th Feb 16, 8:21am
ECB discusses pre-emptive moves to counter downside risks; GBP will remain vulnerable to renewed ‘Brexit’ fears; cyclical low for NZD/USD seen around 60c