BNZ
Equity markets settle after yesterday's chunky selloff. Still awaiting news on Evergrande restructuring. NZ rates lower and NZD on soft side post-RBNZ speech
22nd Sep 21, 7:44am
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Equity markets settle after yesterday's chunky selloff. Still awaiting news on Evergrande restructuring. NZ rates lower and NZD on soft side post-RBNZ speech
Market concerns about pending collapse of China's Evergrande dominate pricing. Global equity markets show chunky falls; global rates rally
21st Sep 21, 7:37am
Market concerns about pending collapse of China's Evergrande dominate pricing. Global equity markets show chunky falls; global rates rally
S&P500 lower, USD stronger on Friday as risk appetite remains cautious ahead of Fed meeting this week. NZ 2-year swap rate hits 1.50%, its highest level since mid-2019
20th Sep 21, 8:03am
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S&P500 lower, USD stronger on Friday as risk appetite remains cautious ahead of Fed meeting this week. NZ 2-year swap rate hits 1.50%, its highest level since mid-2019
With wholesale interest rates on the rise as the markets expect an OCR rise soon, we check where term deposit rates are now and how they compare to Aussie rates, where no rate rises are on the horizon
19th Sep 21, 6:00am
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With wholesale interest rates on the rise as the markets expect an OCR rise soon, we check where term deposit rates are now and how they compare to Aussie rates, where no rate rises are on the horizon
Stronger than expected US retail sales report supports higher US rates and USD backdrop. This strength sidelines massive NZ Q2 GDP report. NZD/AUD settles around 0.97
17th Sep 21, 8:16am
Stronger than expected US retail sales report supports higher US rates and USD backdrop. This strength sidelines massive NZ Q2 GDP report. NZD/AUD settles around 0.97
ASB sets a new tone in the mortgage market with 30 basis points rate hikes for the most popular fixed home loan terms, takes 18 month and two year rates above 3%. Westpac has matched them
16th Sep 21, 9:30am
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ASB sets a new tone in the mortgage market with 30 basis points rate hikes for the most popular fixed home loan terms, takes 18 month and two year rates above 3%. Westpac has matched them
US equities stronger against the grain of other markets. UK and Canadian inflation surprises alongside higher energy prices drive global rates higher. Negative newsflow out of China keeps on coming
16th Sep 21, 7:48am
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US equities stronger against the grain of other markets. UK and Canadian inflation surprises alongside higher energy prices drive global rates higher. Negative newsflow out of China keeps on coming
Are we about to go back to the future fast with as much as a sudden 100 basis points rise in fixed mortgage rate offers? The wholesale cost of money suggests that is a live possibility
15th Sep 21, 6:51pm
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Are we about to go back to the future fast with as much as a sudden 100 basis points rise in fixed mortgage rate offers? The wholesale cost of money suggests that is a live possibility
US CPI slightly lower than expected. Equity markets down again, safe havens outperform in the FX market. RBA pushes back against rate hike pricing
15th Sep 21, 7:44am
US CPI slightly lower than expected. Equity markets down again, safe havens outperform in the FX market. RBA pushes back against rate hike pricing
Commodity prices push higher. NZD flat around 0.71; Business confidence resilient during current lockdown
14th Sep 21, 7:44am
Commodity prices push higher. NZD flat around 0.71; Business confidence resilient during current lockdown
Hobbled by the pandemic and rising rates, banks respond to the Spring real estate selling season with restrained rises rather than outright rate cuts
13th Sep 21, 8:58am
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Hobbled by the pandemic and rising rates, banks respond to the Spring real estate selling season with restrained rises rather than outright rate cuts
Reports Biden considering a new investigation of Chinese state subsides will set the equity market tone this week. Global rates rebound, helped by higher commodity prices
13th Sep 21, 7:25am
Reports Biden considering a new investigation of Chinese state subsides will set the equity market tone this week. Global rates rebound, helped by higher commodity prices
ECB confirms reduced QE bond buying pace in Q4, a "recalibration", not a "tapering". Equity markets flat-to-slightly lower. Market pricing a small chance of a 50bp OCR hike at the RBNZ's October meeting
10th Sep 21, 7:48am
ECB confirms reduced QE bond buying pace in Q4, a "recalibration", not a "tapering". Equity markets flat-to-slightly lower. Market pricing a small chance of a 50bp OCR hike at the RBNZ's October meeting
Encouraged by a strong global dairy auction this week, BNZ economists have raised their milk price pick by 50c to $8.30
9th Sep 21, 9:49am
Encouraged by a strong global dairy auction this week, BNZ economists have raised their milk price pick by 50c to $8.30
Cautious tone continues, equities push lower. US 10-year rate reverses course. Small moves in currencies
9th Sep 21, 8:01am
Cautious tone continues, equities push lower. US 10-year rate reverses course. Small moves in currencies
HSBC trims its three year fixed home loan rate as it raises term deposit rates. This new 3yr rate gives it a substantial advantage over all the main banks
8th Sep 21, 11:08am
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HSBC trims its three year fixed home loan rate as it raises term deposit rates. This new 3yr rate gives it a substantial advantage over all the main banks
Mild risk off sees lower equity markets and stronger USD overnight. Global rates push higher in a week with increased supply. RBA does a dovish taper
8th Sep 21, 7:52am
Mild risk off sees lower equity markets and stronger USD overnight. Global rates push higher in a week with increased supply. RBA does a dovish taper
Global equity markets remain on record-breaking run. NZ swap rates up to highest levels in more than two years, supported by conviction in RBNZ rate hike cycle
7th Sep 21, 7:47am
Global equity markets remain on record-breaking run. NZ swap rates up to highest levels in more than two years, supported by conviction in RBNZ rate hike cycle
The Red Bank raises both mortgage rates and term deposit rates, with a couple with a special position, but most little different from its rivals
6th Sep 21, 6:59pm
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The Red Bank raises both mortgage rates and term deposit rates, with a couple with a special position, but most little different from its rivals
Big downside miss on US payrolls but wage growth stronger than expected. No tapering signal until at least November. US curve steepens, USD falls, equities little changed
6th Sep 21, 8:20am
Big downside miss on US payrolls but wage growth stronger than expected. No tapering signal until at least November. US curve steepens, USD falls, equities little changed
USD falls to a one-month low, now down 1% since Powell's Jackson Hole speech. NZ 10-year bond spread to Australia reaches fresh 5½ year high
3rd Sep 21, 7:47am
USD falls to a one-month low, now down 1% since Powell's Jackson Hole speech. NZ 10-year bond spread to Australia reaches fresh 5½ year high
BNZ the first major bank to waive contactless debit transaction fees for SMEs since NZ returned to lockdown
2nd Sep 21, 2:47pm
BNZ the first major bank to waive contactless debit transaction fees for SMEs since NZ returned to lockdown
US labour market indicators on the soft side ahead of Friday's key non-farm payrolls report. US rates and USD lower on that. NZ and AU long bond rate rates jump higher yesterday
2nd Sep 21, 7:46am
US labour market indicators on the soft side ahead of Friday's key non-farm payrolls report. US rates and USD lower on that. NZ and AU long bond rate rates jump higher yesterday
Country's major banks not repeating 2020 waiving of contactless debit fees for business customers
1st Sep 21, 11:25am
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Country's major banks not repeating 2020 waiving of contactless debit fees for business customers
Plethora of global data releases show weaker activity and higher inflation. Global rates push higher on higher euro area inflation and nerves ahead of ECB next week
1st Sep 21, 7:52am
Plethora of global data releases show weaker activity and higher inflation. Global rates push higher on higher euro area inflation and nerves ahead of ECB next week