Risk sentiment higher as investors see light at the end of the tunnel, even if uncertainty remains. NZ rates higher with further follow-through post the RBNZ hawkish-tinged update

RBNZ forecasts annual inflation will spike to 4.2% in the June quarter and warns medium-term inflationary pressure will depend on the extent to which higher costs influence price and wage-setting behaviour by firms and workers in the economy

The shifting sands of term deposit rate offers sees short rates rise above 3% with rises concentrated in the one year-plus terms, and very long rates at or over 5% again

The experts are overwhelmingly in favour of the Reserve Bank keeping the Official Cash Rate unchanged this week - but do see it having to rise in the coming year

Average national asking rents on Realestate.co.nz down $25 a week in March from two years ago levels

Fuel shock hits home: Airlines cut routes, households tighten spending and inflation worries mount

US to block Hormuz; US inflation rises, sentiment tumbles; China inflation modest; Taiwan exports high again; Hungary ousts Orban; IMF glum about 2026; UST 10yr at 4.32%; gold eases as oil holds high; NZ$1 = 58.4 USc; TWI-5 = 61.9