OCR
Economists in opposing camps about whether the Reserve Bank should again be forcing down interest rates; ANZ's Cameron Bagrie sees OCR cuts as 'recipe for an accident'
17th Feb 16, 1:37pm
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Economists in opposing camps about whether the Reserve Bank should again be forcing down interest rates; ANZ's Cameron Bagrie sees OCR cuts as 'recipe for an accident'
Global dairy prices fall for the fourth consecutive auction, though not by as much as predicted; Wholemilk powder down 3.7%
17th Feb 16, 8:37am
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Global dairy prices fall for the fourth consecutive auction, though not by as much as predicted; Wholemilk powder down 3.7%
NZD hit by RBNZ inflation expectations survey; dairy auction prices down again; USD rallies, equity markets rise strongly, credit spreads close
17th Feb 16, 8:19am
NZD hit by RBNZ inflation expectations survey; dairy auction prices down again; USD rallies, equity markets rise strongly, credit spreads close
PM says he's surprised currency has not fallen yet in line with 10-20% fall in dairy prices in recent weeks; says relative tightening of NZ monetary policy something for RBNZ Governor Graeme Wheeler to "keep and eye on"
16th Feb 16, 11:02am
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PM says he's surprised currency has not fallen yet in line with 10-20% fall in dairy prices in recent weeks; says relative tightening of NZ monetary policy something for RBNZ Governor Graeme Wheeler to "keep and eye on"
Markets settle, credit spreads narrow and oil moves modestly higher; risky currencies climb while JPY and EUR underperform
16th Feb 16, 8:22am
Markets settle, credit spreads narrow and oil moves modestly higher; risky currencies climb while JPY and EUR underperform
Westpac economists now see milk price of just $4.60 in 2017 as another fall in dairy prices looms in this week's auction
15th Feb 16, 1:49pm
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Westpac economists now see milk price of just $4.60 in 2017 as another fall in dairy prices looms in this week's auction
Roger J Kerr believes the benign labour cost environment that businesses have been enjoying may be coming to an end
15th Feb 16, 12:46pm
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Roger J Kerr believes the benign labour cost environment that businesses have been enjoying may be coming to an end
Better-than-expected US retail, and bounce in the oil price buoys the USD. AUD also strengthens. These combined to press the NZD lower
15th Feb 16, 8:15am
Better-than-expected US retail, and bounce in the oil price buoys the USD. AUD also strengthens. These combined to press the NZD lower
Bernard Hickey argues the RBNZ is failing to hit its current inflation target and either needs a new target or a new way to achieve its current one
14th Feb 16, 5:02am
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Bernard Hickey argues the RBNZ is failing to hit its current inflation target and either needs a new target or a new way to achieve its current one
US & European financial stocks fall heavily, credit spreads widen; eye catching JPY outperformance; battered global risk appetite not impacting NZD or AUD as much as others
12th Feb 16, 8:15am
US & European financial stocks fall heavily, credit spreads widen; eye catching JPY outperformance; battered global risk appetite not impacting NZD or AUD as much as others
Yellen does not close door on future rate hikes; volatility in GBP after disappointing industrial production numbers; AUD and NZD holding their own against USD
11th Feb 16, 8:20am
Yellen does not close door on future rate hikes; volatility in GBP after disappointing industrial production numbers; AUD and NZD holding their own against USD
HiFX's Dan Bell expects a 'very volatile year on all fronts' with RBNZ reluctance to cut the OCR propping the Kiwi dollar up
10th Feb 16, 1:55pm
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HiFX's Dan Bell expects a 'very volatile year on all fronts' with RBNZ reluctance to cut the OCR propping the Kiwi dollar up
Westpac economists say the bottom of the fixed interest market is close but has not been reached yet; see inflation remaining below 1% till next year
10th Feb 16, 1:22pm
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Westpac economists say the bottom of the fixed interest market is close but has not been reached yet; see inflation remaining below 1% till next year
The sharp falls in wholesale interest rates in the past week point to a new round of lower fixed-rate mortgage specials from the banks
10th Feb 16, 1:04pm
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The sharp falls in wholesale interest rates in the past week point to a new round of lower fixed-rate mortgage specials from the banks
Swiss franc and Japanese yen find favour as safe haven currencies. NZD rises. Markets await Yellen guidance as risk shunned
10th Feb 16, 7:54am
Swiss franc and Japanese yen find favour as safe haven currencies. NZD rises. Markets await Yellen guidance as risk shunned
English sees no need to change Policy Targets Agreement around inflation; says RBNZ not trying to shift goal-posts; says happy to see debate over measuring inflation and targeting inflation, but no plans for change now
9th Feb 16, 7:41pm
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English sees no need to change Policy Targets Agreement around inflation; says RBNZ not trying to shift goal-posts; says happy to see debate over measuring inflation and targeting inflation, but no plans for change now
BNZ's Stephen Toplis argues the world has conspired to ensure RBNZ Governor Wheeler's inflation targeting failure & weak inflation's not sufficient reason for OCR cut
9th Feb 16, 9:49am
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BNZ's Stephen Toplis argues the world has conspired to ensure RBNZ Governor Wheeler's inflation targeting failure & weak inflation's not sufficient reason for OCR cut
Roger J Kerr has no problem with the RBNZ reminding everyone that the markets’ interpretation of monetary policy intentions or settings is sometimes off beam and not helpful to what the RBNZ is trying to do
9th Feb 16, 9:08am
2
Roger J Kerr has no problem with the RBNZ reminding everyone that the markets’ interpretation of monetary policy intentions or settings is sometimes off beam and not helpful to what the RBNZ is trying to do
Risk-sensitive assets under pressure reflecting concerns for credit quality, corporate earnings outlook and cyclical growth; NZD/USD resistance around 67c, support at 65c
9th Feb 16, 8:16am
1
Risk-sensitive assets under pressure reflecting concerns for credit quality, corporate earnings outlook and cyclical growth; NZD/USD resistance around 67c, support at 65c
Chris Green responds to the RBNZ's criticism of 'some commentators advocating mechanistic rate cuts'; says RBNZ seeing inflationary ghosts and has systematic upward bias; ignoring rise in real interest rates and tightening relative to other central banks
6th Feb 16, 12:02pm
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Chris Green responds to the RBNZ's criticism of 'some commentators advocating mechanistic rate cuts'; says RBNZ seeing inflationary ghosts and has systematic upward bias; ignoring rise in real interest rates and tightening relative to other central banks
Expectations of Fed rate hike ease on economic outlook; ECB & BoJ fail to talk down their currencies; USD weak across the board, NZD/USD over 67c
5th Feb 16, 8:27am
Expectations of Fed rate hike ease on economic outlook; ECB & BoJ fail to talk down their currencies; USD weak across the board, NZD/USD over 67c
RBNZ Assistant Governor says the bank's wholesale interest rate forecasts should not be taken as a commitment to a specific set of actions
4th Feb 16, 11:58am
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RBNZ Assistant Governor says the bank's wholesale interest rate forecasts should not be taken as a commitment to a specific set of actions
USD weaker as NY Fed chief notes tighter conditions. NZD gains on both jobless rate fall and Wheeler comments. Global equities weaker while commodities gain
4th Feb 16, 8:10am
USD weaker as NY Fed chief notes tighter conditions. NZD gains on both jobless rate fall and Wheeler comments. Global equities weaker while commodities gain
Governor says will interpret 1-3% inflation target flexibly in defiant speech; says won’t be ‘mechanistic’ about cutting rates just because CPI inflation below 1-3% target; Auckland still a financial stability risk
3rd Feb 16, 1:04pm
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Governor says will interpret 1-3% inflation target flexibly in defiant speech; says won’t be ‘mechanistic’ about cutting rates just because CPI inflation below 1-3% target; Auckland still a financial stability risk
Fonterra's recently revised milk price forecast is under pressure after global dairy prices sank a further 7.4%
3rd Feb 16, 8:22am
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Fonterra's recently revised milk price forecast is under pressure after global dairy prices sank a further 7.4%