BNZ

The spring real estate selling season is here and our largest home loan lender is cutting two key fixed rates. We explain why and the context in a time of rising wholesale rates

The spring real estate selling season is here and our largest home loan lender is cutting two key fixed rates. We explain why and the context in a time of rising wholesale rates

Opportunity wants a Commerce Commission 'with teeth' to tackle high prices and monopolistic sectors, rejects NZ First's BNZ buyback proposal

Opportunity wants a Commerce Commission 'with teeth' to tackle high prices and monopolistic sectors, rejects NZ First's BNZ buyback proposal

Oil prices drove markets after US–Iran ceasefire talks stalled, with Brent rising above US$108/bbl. Global bond yields surged to multi-year highs and equities weakened. Gold fell, while the USD and NZD were little changed

Oil prices drove markets after US–Iran ceasefire talks stalled, with Brent rising above US$108/bbl. Global bond yields surged to multi-year highs and equities weakened. Gold fell, while the USD and NZD were little changed

US treasury curve steepened as the front end rallied while the long-end remained under pressure. 30-year yield above 5.50%. The US dollar weakened, with the yen outperforming. Lower oil prices supported risk sentiment

US treasury curve steepened as the front end rallied while the long-end remained under pressure. 30-year yield above 5.50%. The US dollar weakened, with the yen outperforming. Lower oil prices supported risk sentiment

As Treasury prepares to publish the Pre-election Economic and Fiscal Update, bank economists aren’t expecting any big surprises in the Government’s finances and forecasts

As Treasury prepares to publish the Pre-election Economic and Fiscal Update, bank economists aren’t expecting any big surprises in the Government’s finances and forecasts

Oil prices were volatile on shifting headlines around Iran and the Strait of Hormuz. Global yields rose further, with curves steepening in the US and Europe

Oil prices were volatile on shifting headlines around Iran and the Strait of Hormuz. Global yields rose further, with curves steepening in the US and Europe

The spring real estate selling season is not going to get encouragement from home loan rates as another main bank raises most fixed rates on the same day benchmark bond rates took a sharp turn up

The spring real estate selling season is not going to get encouragement from home loan rates as another main bank raises most fixed rates on the same day benchmark bond rates took a sharp turn up

Carnage in global bond markets; rates surge to fresh multi-decade highs. Higher oil prices, prospect of US diesel export ban, strong US and European PMI data all in the mix overnight. Equity markets weaker, but unremarkable falls

Carnage in global bond markets; rates surge to fresh multi-decade highs. Higher oil prices, prospect of US diesel export ban, strong US and European PMI data all in the mix overnight. Equity markets weaker, but unremarkable falls

Brent crude trading just below USD100 per barrel as diplomatic efforts step up and Saudi Arabia prepares to reopen key oil pipeline. US Treasuries relatively flat, 10-year rate at 4.96%

Brent crude trading just below USD100 per barrel as diplomatic efforts step up and Saudi Arabia prepares to reopen key oil pipeline. US Treasuries relatively flat, 10-year rate at 4.96%

Oil prices down for a fourth consecutive day, Brent crude currently US$100/bbl. These falls rive down global rates and drive up global equity markets, with strong gains for US equities

Oil prices down for a fourth consecutive day, Brent crude currently US$100/bbl. These falls rive down global rates and drive up global equity markets, with strong gains for US equities

Large yen swings followed the BOJ rate hike, though broader currency moves were contained. Sovereign bond yields rose, with 10-year US Treasury yields back near 5%. US equities were little changed, while major European indices weakened

Large yen swings followed the BOJ rate hike, though broader currency moves were contained. Sovereign bond yields rose, with 10-year US Treasury yields back near 5%. US equities were little changed, while major European indices weakened

Risk sentiment recovered, with equities reversing the post-FOMC selloff. US yields fell and the curve flattened, helped by an initial dip in oil prices and stronger gilts

Risk sentiment recovered, with equities reversing the post-FOMC selloff. US yields fell and the curve flattened, helped by an initial dip in oil prices and stronger gilts

ANZ NZ senior economist Matthew Galt says global developments and ‘resilience’ in latest GDP data suggests it would be ‘prudent’ for the Reserve Bank to hike the OCR in October

ANZ NZ senior economist Matthew Galt says global developments and ‘resilience’ in latest GDP data suggests it would be ‘prudent’ for the Reserve Bank to hike the OCR in October

Fed Funds rate raised by 25bps, as widely expected, with FOMC members seeing another rate hike later this year. US short end rates higher post Fed; US 10-year rate pares earlier fall. USD broadly stronger

Fed Funds rate raised by 25bps, as widely expected, with FOMC members seeing another rate hike later this year. US short end rates higher post Fed; US 10-year rate pares earlier fall. USD broadly stronger

Risk sentiment weak, with global rates grinding higher, imparting a negative bias to global equities. US 10-year rate its highest level since 2007 and matched elsewhere with fresh multi-year or multi-decade highs in rates

Risk sentiment weak, with global rates grinding higher, imparting a negative bias to global equities. US 10-year rate its highest level since 2007 and matched elsewhere with fresh multi-year or multi-decade highs in rates