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Roger J Kerr's picture

Roger is a partner at PwC. He specialises in fixed interest securities and is a commentator on economics and markets. More can be found at rogeradvice.com.
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Articles by Roger J Kerr


NZ swap rates to rise next ?

Roger J Kerr says reversing US bond yields will push our long-term interest rates up. Your view?

Clouds gathering around the Aussie dollar

Roger J Kerr shows why the NZD has been outperforming the AUD and may continue to do that. Your view?

Mortgage rate rises may follow opposition power policy

Roger J Kerr says Transpower & the highly regulated lines companies are causing power price inflation & Labour/Greens policy could see higher mortgage interest costs & rents. Your view?

Potential NZD negatives looming on the horizon

Roger J Kerr explains why he still thinks the NZD has got 'too far ahead of itself' and is due a correction. Your view?

RBNZ Governor’s dilemma even more acute

Roger J Kerr says Governor Wheeler will be criticised no matter what he decides, but the high currency is doing more damage than inflation. Your view?

Kiwi vulnerable to a major A$ sell-off

Roger J Kerr explains what is holding the NZ$ up and why it will fall when the A$ goes. Your view?

RBNZ dilemma becoming acute

Roger J Kerr says both the housing and currency bubbles need to be deflated - but he wonders if the RBNZ knows how to do this. Your view?

Is the RBNZ brave enough?

Roger J Kerr says the economy cannot sustain a major drought and persistent currency over-valuation and calls on the RBNZ to intervene. Your view?

Lower US bond yields unlikely to be sustained

Roger J Kerr sees the decrease in US bond yields as short-lived and upcoming US data to be better than expected, raising long-term interest rates. Your view?

Lower gold prices, higher USD to weigh on Kiwi dollar

Roger J Kerr says the divergence of our TWI from the USD is not sustainable and he is expecting a correction. Your view?

Exchange rate forum misses the point

Roger J Kerr was frustrated the recent currency forum discussion ignored dealing with biggest forces setting our exchange rates. Your view?

Planning the timing of OCR increases

Roger J Kerr says Governor Wheeler will face many variables and conditions, and he will be watching Canada first. You agree?

Rebound to above US$0.83 likely to be short-lived

Roger J Kerr says watch the February overseas trade data tomorrow for a pullback on the Kiwi. Your view?

Watch US data to find NZ interest rate direction: Kerr

Roger J Kerr says our long-term interest rates are likely to be pulled up by US property, retail and jobs markets no matter what we do. You agree?

Kiwi dollar to test downside support

Roger J Kerr expects short term currency volatility as the BOP and GDP data is released. But then he sees a general pullback for the Kiwi. Your view?

Steeper yield curve points to the inevitable

Roger J Kerr says a steepening yield curve shows interest rates will rise as borrowers re-centre their 'paying fixed' demand to the shorter end of the curve and investors hold cash waiting for the rise. You agree?

'Big' dollar on the comeback trail

Roger J Kerr says our export sector badly needs a stronger US dollar to send the NZ dollar back below US80c. Your view?

Interest rate market pricing reflects new uncertainties on NZ economic outlook

Roger J Kerr says borrowers who missed the bottom in swap rates just before Christmas have another opportunity to fix on this pull-back in market rates. You agree?

Global forces overpower domestic data and send the Kiwi lower

Roger J Kerr says currency markets are recognising that it is not going to be plain sailing for the NZ economy this year. Your view?

Only NZD currency depreciation can push short-term interest rates higher

Roger J Kerr sees the exchange rate as the main determinant of future inflation and growth, and therefore our interest rates. You agree?