Currencies
Roger J Kerr says it's no wonder that economists and market analysts are reverting to high-frequency alternative measures of economic activity
13th Oct 25, 8:20am
Roger J Kerr says it's no wonder that economists and market analysts are reverting to high-frequency alternative measures of economic activity
Trump reacts to China's extension of rare earth export controls with fury; threatens massive lift in Chinese import tariffs. US equities tumble. Safe-haven currencies outperform, including JPY despite further political instability
13th Oct 25, 7:22am
Trump reacts to China's extension of rare earth export controls with fury; threatens massive lift in Chinese import tariffs. US equities tumble. Safe-haven currencies outperform, including JPY despite further political instability
Update advisory: we explain why we are changing the way we track our currency's movements based on trade-weights. Our own TWI-5 is a different measure to the RBNZ's TWI-17. Both are approximations
10th Oct 25, 3:55pm
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Update advisory: we explain why we are changing the way we track our currency's movements based on trade-weights. Our own TWI-5 is a different measure to the RBNZ's TWI-17. Both are approximations
US and European equities are weaker overnight and global rates modestly higher. USD broadly stronger and NZD/USD falls. Comments by Takaichi only provide temporary relief for the yen
10th Oct 25, 7:48am
US and European equities are weaker overnight and global rates modestly higher. USD broadly stronger and NZD/USD falls. Comments by Takaichi only provide temporary relief for the yen
US equities have recovered after their one-day dip, with investors disregarding warnings of a developing AI bubble. The NZD recovers a lot of its loss after the RBNZ’s dovish 50bps cut. OIS market prices in a full 25bps cut for November
9th Oct 25, 7:50am
US equities have recovered after their one-day dip, with investors disregarding warnings of a developing AI bubble. The NZD recovers a lot of its loss after the RBNZ’s dovish 50bps cut. OIS market prices in a full 25bps cut for November
US equities break winning streak to be modestly weaker. Weaker risk sentiment supports US Treasuries. All eyes on the RBNZ policy update today, with the meeting seen as a close call between a 25 or 50bps rate cut
8th Oct 25, 7:56am
US equities break winning streak to be modestly weaker. Weaker risk sentiment supports US Treasuries. All eyes on the RBNZ policy update today, with the meeting seen as a close call between a 25 or 50bps rate cut
New Japan LDP leader shocks the market - Japanese equities surge nearly 5%, JGB curve sharply steepens, and yen tumbles. NZD/JPY up 2%. French assets underperform and this weighs on euro
7th Oct 25, 7:46am
New Japan LDP leader shocks the market - Japanese equities surge nearly 5%, JGB curve sharply steepens, and yen tumbles. NZD/JPY up 2%. French assets underperform and this weighs on euro
Roger J Kerr says the risk of overcooking the monetary stimulus and pushing interest rates too low is that this would stimulate another debt-fuelled housing boom
6th Oct 25, 8:01am
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Roger J Kerr says the risk of overcooking the monetary stimulus and pushing interest rates too low is that this would stimulate another debt-fuelled housing boom
The USD was broadly weaker in overnight trading, but moves were modest. US government shutdown brought delay of key US employment reports. US equities were little changed, and US Treasury yields pushed higher
6th Oct 25, 7:23am
The USD was broadly weaker in overnight trading, but moves were modest. US government shutdown brought delay of key US employment reports. US equities were little changed, and US Treasury yields pushed higher
Nouriel Roubini and Brunello Rosa think digital currencies are best understood as a form of evolution, not a break from existing institutions
4th Oct 25, 9:15am
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Nouriel Roubini and Brunello Rosa think digital currencies are best understood as a form of evolution, not a break from existing institutions
Hilary Allen foresees grave risks from recent US legislation deregulating stablecoins - and from the ideology it reflects
3rd Oct 25, 8:38am
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Hilary Allen foresees grave risks from recent US legislation deregulating stablecoins - and from the ideology it reflects
Markets show only modest movements amidst a US government shutdown. US equities flat; US Treasuries trade narrow ranges; USD slightly stronger; oil prices lower for a fourth consecutive day
3rd Oct 25, 7:50am
Markets show only modest movements amidst a US government shutdown. US equities flat; US Treasuries trade narrow ranges; USD slightly stronger; oil prices lower for a fourth consecutive day
US government shutdown takes effect. Risk sentiment resilient. US equities recover from an initial dip and solid gains for European indices. ADP payrolls weaker than expected contributing to a rally for US treasuries
2nd Oct 25, 7:47am
US government shutdown takes effect. Risk sentiment resilient. US equities recover from an initial dip and solid gains for European indices. ADP payrolls weaker than expected contributing to a rally for US treasuries
NZ dollar trading ranking overtaken by the Indian rupee and Mexican peso, tops the Norwegian krone
1st Oct 25, 8:00am
NZ dollar trading ranking overtaken by the Indian rupee and Mexican peso, tops the Norwegian krone
US equities little changed as hopes for a last-minute deal to avoid a government shutdown fade. Oil extends recent decline. Limited movement across bond and currency markets. RBA leaves rates on hold and adopts more hawkish tone
1st Oct 25, 7:53am
US equities little changed as hopes for a last-minute deal to avoid a government shutdown fade. Oil extends recent decline. Limited movement across bond and currency markets. RBA leaves rates on hold and adopts more hawkish tone