BNZ is the next to raise fixed home loan rates, but theirs are notable because they undercut the recent ANZ, Westpac and Kiwibank hiking levels

Augustin Carstens sees a confluence of three forces that could ultimately pose a systemic risk to global financial stability

Social Cohesion in New Zealand report co-author Shambeel Eaqub says financial stress is fracturing New Zealand's social fabric, but there is cause for optimism

Persian Gulf standoff turns childish; US petrol stocks drop; eyes on Tesla results; EU consumer sentiment dives; BHP back selling to China but in yuan; UST 10yr at 4.29%; gold and oil prices rise; NZ$1 = 59.1 USc; TWI-5 = 62.5

Eyes on Asian oil refinery outlooks; Trump backs down over Powell claims; US mood at record low; China FDI low; Russian oil becomes attractive; UST 10yr at 4.31%; gold eases but oil firms; NZ$1 = 58.8 USc; TWI-5 = 62.2

New Zealand’s economic recovery ‘delayed, but not derailed’, says Finance Minister, with Treasury's new worst case inflation scenario at 7.4%

With wholesale swap rates jumping recently, do banks have a good case to raise mortgage rates? Are you being softened up by their finfluencer mortgage brokers to expect a hike? Is there a good case?