BNZ
ANZ New Zealand and BNZ top up their funding with euro denominated covered bond issues
ANZ New Zealand and BNZ top up their funding with euro denominated covered bond issues
Oil prices start week higher on supply concerns, but Brent trades a wide range, easing back after hitting USD110 overnight. US 10-year Treasury yield breaks above 5% but falls back quickly. US equities modestly weaker
Oil prices start week higher on supply concerns, but Brent trades a wide range, easing back after hitting USD110 overnight. US 10-year Treasury yield breaks above 5% but falls back quickly. US equities modestly weaker
Monthly core US CPI was firmer than forecast, strengthening the case for tighter policy. Markets imply around a 90% chance of a 25bp hike at this week’s FOMC meeting. The US Treasury curve flattened as 2-year yields make a new cycle high
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Monthly core US CPI was firmer than forecast, strengthening the case for tighter policy. Markets imply around a 90% chance of a 25bp hike at this week’s FOMC meeting. The US Treasury curve flattened as 2-year yields make a new cycle high
Economists expect embers to have kept the fire of Gross Domestic Product growth burning in the June quarter
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Economists expect embers to have kept the fire of Gross Domestic Product growth burning in the June quarter
Fitch Ratings sees incoming RBNZ capital requirements reinforcing the position of NZ's big 4 banks within their Aussie parent banking groups
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Fitch Ratings sees incoming RBNZ capital requirements reinforcing the position of NZ's big 4 banks within their Aussie parent banking groups
Brent crude pushed above $107, lifting yields and the USD while weighing on equities. Bond yields reached fresh multi-year highs. The ECB hiked rates and delivered hawkish commentary
Brent crude pushed above $107, lifting yields and the USD while weighing on equities. Bond yields reached fresh multi-year highs. The ECB hiked rates and delivered hawkish commentary
BNZ borrowing $1.25b in five-year bond issue that'll pay annual interest of 4.8%
BNZ borrowing $1.25b in five-year bond issue that'll pay annual interest of 4.8%
Higher oil prices drive up global rates; European 10-year rates close at fresh multi-year highs; US 10-year rate reaches 4.85% after disappointment on the size of the expanded buyback program. NZD continues to underperform
Higher oil prices drive up global rates; European 10-year rates close at fresh multi-year highs; US 10-year rate reaches 4.85% after disappointment on the size of the expanded buyback program. NZD continues to underperform
Currency markets settle, well contained. Australian focus shifts to a more hawkish stance on inflation despite weakening consumer & business sentiment. Things looking up for NZ GDP growth
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Currency markets settle, well contained. Australian focus shifts to a more hawkish stance on inflation despite weakening consumer & business sentiment. Things looking up for NZ GDP growth
Bank returns are shrinking and that presents each bank, and their shareholders, with some tough choices ahead. But the fierceness of those choices will vary between specific banks
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Bank returns are shrinking and that presents each bank, and their shareholders, with some tough choices ahead. But the fierceness of those choices will vary between specific banks
Oil prices push higher following further weekend tit-for-tat strikes between the US and Iran; global rates push higher. Yen surges further after key technical break
Oil prices push higher following further weekend tit-for-tat strikes between the US and Iran; global rates push higher. Yen surges further after key technical break
US payrolls surprised strongly, lifting US Treasury yields and nudging up pricing for a September Fed hike. Equities softened while the US dollar’s initial gains faded. Record US diesel prices highlight their ongoing energy-market pressures
US payrolls surprised strongly, lifting US Treasury yields and nudging up pricing for a September Fed hike. Equities softened while the US dollar’s initial gains faded. Record US diesel prices highlight their ongoing energy-market pressures
Banks' low equity mortgage lending is surging, raising the question of how far can it rise before the Reserve Bank gets uncomfortable?
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Banks' low equity mortgage lending is surging, raising the question of how far can it rise before the Reserve Bank gets uncomfortable?
Fed Governor Waller tempered expectations for a September hike. US equities rallied. The US dollar weakened broadly, while the yen led gains on firmer expectations of BoJ tightening
Fed Governor Waller tempered expectations for a September hike. US equities rallied. The US dollar weakened broadly, while the yen led gains on firmer expectations of BoJ tightening
Banks' changes to floating mortgage rates have varied over the past two years. David Chaston shines a light both on how much and when rates changed for borrowers
Banks' changes to floating mortgage rates have varied over the past two years. David Chaston shines a light both on how much and when rates changed for borrowers