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Posted in Personal Finance

Local data keeps NZD elevated

Fonterra confirming current payout and NZ Trade Balance beating expectations helps NZD rally; US CPI falls in January; oil price slumps yet again, down 4.4%

90 seconds at 9 am: Another NZD run-up?

Equities hit record highs; US prices fall, durable goods orders rise; EU exempts France; wholesale rates fall; oil and gold stable; NZ$1 = 75.4 USc, TWI = 78.5

NZD climbs to test resistance levels

NZD/USD rallies on Chinese PMI data; future NZD direction to come from Fonterra announcement; gold price creeps back above $1,200

90 seconds at 9 am: Hong Kong cuts taxes

Chinese factories marking time, consumer sentiment low; Hong Kong cuts taxes; Greece distrusted; AU wage growth slows, confidence down; NZ$1 = 75.4 USc, TWI = 78.5

NZD rally runs out of puff

NZD losing ground against majors; Fed indicates not likely to hike rates in near term; gold price falls below $1,200 while global equities push higher

90 seconds at 9 am: Yellen comments raise USD

Fed lays groundwork for rate rise; US services grow strongly, consumers pull back; Greek extension approved; India search HSBC; gold falls; NZ$1 = 74.6 USc, TWI = 78

NZD range bound

German business confidence strong again; markets reasonably quiet ahead of Yellen testimony; commodities down, global equity markets mixed

90 seconds at 9 am: New AU 'advice' scandal

US house sales cool; Greece waits; HSBC's 'shame'; China's new airplane; more AU bank advice scandals; swaps rise; NZ$1 = 75.3 USc, TWI = 78.7

Greek deal boosts risk appetite

Potential of a 4 month bailout extension for Greece calms markets; mixed UK data; global equities higher, gold and oil 'quiet'

90 seconds at 9 am: Greek illusions

Greeks agree deal, prepare plan; PMI's expand in the US, Europe and Japan; Lee Kwan Yew in intensive care; UST 10yr yields rise; NZ$1 = 75.2 USc, TWI = 78.4

Market says small chance of Greek default

USD strengthens as German's play hardball with Greece and reject proposal for bailout extension; oil inventories soar, while price drops further; global equity markets mixed

90 seconds at 9 am: Rising bond market risks

US jobless claims fall; Germany says No! to Greece; Japan's exports jump; bond market anxiety rises; S&P queries AU AAA rating; oil price falls; NZ$1 = 75.3 USc, TWI = 78.6

NZD jumps on Fed announcement

Fed minutes show officials concerned over inflation weakness; strong USD seen as 'persistent source of restraint on US exports; signs of layoffs in oil and gas sectors as energy prices tumble

90 seconds at 9 am: Yields keep rising

Updated
Greece close to deadline; Swiss raid HSBC; US PPI in sharp fall; growing Japanese deal appetite; UST 10yr yields rise again; gold under US$1200; NZ$1 = 75.2 USc, TWI = 78.6

Stunning Fonterra auction sees NZD climb

Dairy prices rise 10.1% on reduced volumes, NZD/USD trades through 75.5c; Greece asking for 6-month debt extension; German confidence continues; UK CPI falls to record lows

90 seconds at 9 am: Dairy prices jump

WMP up +13.7%, volumes lower; German sentiment up; Greeks offended; China house prices drop; commodities rise; UST 10yr yield 2.09%; NZ$1 = 75.2 USc, TWI = 78.4

NZD/AUD hits new post float high

NZD/AUD pushing towards 97c; mixed bag for global equity markets with US closed for Presidents Day holiday

90 seconds at 9 am: Japan growing again

China lending rises; Greek talks difficult; Japan exits recession; HSBC apologises; NZ swaps rise; NZ$ hits new high vs AU$; NZ$1 = 75 USc, TWI = 78.3

Germany stars

Eurozone GDP growth pickup supports gloabl risk appetite, bolstered by strong German result

90 seconds at 9 am: Commodities off bottom?

German growth surprises; US confidence off an 11yr high; UST 10yr yields up; oil and gold rise;  NZ$1 = 74.3 USc, TWI = 77.8