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bnzeconomists

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14 years 1 month

Latest articles

Weak global data rocks markets; risk off mood sends Yen to fresh highs; NZD holding up compared to other 'risky' currencies, Aussie dollar not so lucky
18th Jan 16, 7:50am
Weak global data rocks markets; risk off mood sends Yen to fresh highs; NZD holding up compared to other 'risky' currencies, Aussie dollar not so lucky
China market shenanigans repeat, with echos worldwide. The AUD the 'worst performer'. Risks for the NZD are to the downside
8th Jan 16, 9:06am
China market shenanigans repeat, with echos worldwide. The AUD the 'worst performer'. Risks for the NZD are to the downside
NZ and global interest rates extend their slow soft slide with NZ rates leading the way
8th Jan 16, 8:58am
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NZ and global interest rates extend their slow soft slide with NZ rates leading the way
Asia sentiment glum although better data out for the US and Europe. NZD seen as ajusting back from December distortions
7th Jan 16, 9:01am
Asia sentiment glum although better data out for the US and Europe. NZD seen as ajusting back from December distortions
NZ Govt bond values rise, yields fall as bond-swap spreads move back to more normal levels. Swap rates see downward pressure too
7th Jan 16, 8:53am
NZ Govt bond values rise, yields fall as bond-swap spreads move back to more normal levels. Swap rates see downward pressure too
Markets show disdain for Chinese market manipulations. Commodities fall along with commodity currencies. Fed tries to add unpredicatibility
6th Jan 16, 9:05am
Markets show disdain for Chinese market manipulations. Commodities fall along with commodity currencies. Fed tries to add unpredicatibility
NZ-US 10-year rate spread at 124 bps, but with NZ bonds to outperform US expect that spread to fall: BNZ
6th Jan 16, 8:56am
NZ-US 10-year rate spread at 124 bps, but with NZ bonds to outperform US expect that spread to fall: BNZ
Many punters don’t have much conviction in the global economic outlook for 2016. Mid-East tensions and China anxiety fuel a bumpy start
5th Jan 16, 9:21am
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Many punters don’t have much conviction in the global economic outlook for 2016. Mid-East tensions and China anxiety fuel a bumpy start
Quiet local trading expected. Two year swap rate may be at top of its range: BNZ
5th Jan 16, 9:08am
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Quiet local trading expected. Two year swap rate may be at top of its range: BNZ
Fed optimism drives greenback higher. Commodity currencies hit, with the Aussie hit harder than the Kiwi
18th Dec 15, 8:29am
Fed optimism drives greenback higher. Commodity currencies hit, with the Aussie hit harder than the Kiwi
Relief as Fed liftoff goes smoothly. NZ swap rates steepen and settle after OCR cut. Eyes on business confidence survey
18th Dec 15, 8:14am
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Relief as Fed liftoff goes smoothly. NZ swap rates steepen and settle after OCR cut. Eyes on business confidence survey
US 10-year treasuries continue to rise; NZ swap rate hits 4-month high; NZ current account deficit could rise to as much as 5% of GDP
17th Dec 15, 8:42am
US 10-year treasuries continue to rise; NZ swap rate hits 4-month high; NZ current account deficit could rise to as much as 5% of GDP
Parliaments in six countries must first approve Greek deal, no sure thing. US economy performing well. But local data all looks soft
14th Jul 15, 8:07am
Parliaments in six countries must first approve Greek deal, no sure thing. US economy performing well. But local data all looks soft
Recent optimism on a Greek deal has sobered; surprise in further trimming of Fonterra milk price; US$ finds some friends and Kiwi trades to 2015 lows
29th May 15, 8:24am
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Recent optimism on a Greek deal has sobered; surprise in further trimming of Fonterra milk price; US$ finds some friends and Kiwi trades to 2015 lows
NZ rate cuts still some way off despite current market pricing, but when they come there could be a series of them
12th May 15, 7:57am
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NZ rate cuts still some way off despite current market pricing, but when they come there could be a series of them
US data achieves 'Goldilocks' position; not too hot for a rate rise, not too cold to suggest US economy slowing
11th May 15, 8:07am
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US data achieves 'Goldilocks' position; not too hot for a rate rise, not too cold to suggest US economy slowing
NZ rates consolidate after steepening faster than expected. US earnings subdued. Flattening pressure back on NZ rates
11th May 15, 7:50am
NZ rates consolidate after steepening faster than expected. US earnings subdued. Flattening pressure back on NZ rates
US labour market data more important than usual, UK election uncertainty, eyes on RBA Monetary Policy Statement today
8th May 15, 8:05am
US labour market data more important than usual, UK election uncertainty, eyes on RBA Monetary Policy Statement today
US 10-year yields spike following oil price higher but then pull back. NZ rates rise and steepen
8th May 15, 7:42am
US 10-year yields spike following oil price higher but then pull back. NZ rates rise and steepen
NZD falls; investors are not waiting around to find out what the RBNZ's new policy stances mean
7th May 15, 8:26am
NZD falls; investors are not waiting around to find out what the RBNZ's new policy stances mean
Rate yields in volatile moves with NZ 2-10 curve up to +51 bps. US and AU payroll data will drive next changes
7th May 15, 8:13am
Rate yields in volatile moves with NZ 2-10 curve up to +51 bps. US and AU payroll data will drive next changes
The unexpectedly large US trade deficit may be down to special factors, but US Q1 growth likely stalled. Fed reaction awaited
6th May 15, 8:33am
The unexpectedly large US trade deficit may be down to special factors, but US Q1 growth likely stalled. Fed reaction awaited
Australia cuts but markets see much less need for further easing. Bond yields rise. Eyes on NZ employment data
6th May 15, 8:21am
Australia cuts but markets see much less need for further easing. Bond yields rise. Eyes on NZ employment data
A dearth of market-moving data shifts focus back to Greece - and the RBA's rate and tone choices
5th May 15, 8:24am
A dearth of market-moving data shifts focus back to Greece - and the RBA's rate and tone choices
High expectation of an RBA rate cut today. UST 10yr yields creep ever higher. Attention turning to NZ labour market data, especially cost pressures
5th May 15, 8:08am
High expectation of an RBA rate cut today. UST 10yr yields creep ever higher. Attention turning to NZ labour market data, especially cost pressures