BNZ
Brent crude prices dip towards US$78 per barrel on US-Iran talk optimism. US Treasury agrees a temporary waiver on Iran oil sanctions
23rd Jun 26, 7:48am
Brent crude prices dip towards US$78 per barrel on US-Iran talk optimism. US Treasury agrees a temporary waiver on Iran oil sanctions
A delay to US-Iran negotiations weighed on risk appetite and supported oil prices. NZD/USD saw only a limited recovery after falling to two-month lows. NZD was weaker on the crosses
22nd Jun 26, 7:21am
A delay to US-Iran negotiations weighed on risk appetite and supported oil prices. NZD/USD saw only a limited recovery after falling to two-month lows. NZD was weaker on the crosses
Latest BNZ/Seek Employment Report says hiring caution remains, but the South Island is leading the pack when it comes to annual job ad growth while Auckland and Wellington lag
19th Jun 26, 1:09pm
Latest BNZ/Seek Employment Report says hiring caution remains, but the South Island is leading the pack when it comes to annual job ad growth while Auckland and Wellington lag
US-Iran MOU signing has led to an earlier end to the conflict and a re-opening of Hormuz; oil and gas is flowing freely; Brent crude probing fresh 3-mth lows. US equities rebound. USD strength returns, sending DXY index to highest in over a year
19th Jun 26, 7:52am
US-Iran MOU signing has led to an earlier end to the conflict and a re-opening of Hormuz; oil and gas is flowing freely; Brent crude probing fresh 3-mth lows. US equities rebound. USD strength returns, sending DXY index to highest in over a year
New Zealand’s economy grew 0.8% in the March quarter, with the overall increase in GDP due to manufacturing, business services and wholesale trade
18th Jun 26, 11:01am
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New Zealand’s economy grew 0.8% in the March quarter, with the overall increase in GDP due to manufacturing, business services and wholesale trade
Hawkish hold by the US Federal Reserve at Kevin Warsh’s first meeting as chairman. Front end US Treasury yields higher supporting the US dollar. US retail sales stronger than expected
18th Jun 26, 7:51am
Hawkish hold by the US Federal Reserve at Kevin Warsh’s first meeting as chairman. Front end US Treasury yields higher supporting the US dollar. US retail sales stronger than expected
Oil prices continue to tumble, ahead of the official signing of a US-Iran peace deal, seeing Brent crude trade down to USD79 per barrel; Iranian oil on the move already. BoJ rate hike and steady RBA policy both as expected
17th Jun 26, 8:04am
Oil prices continue to tumble, ahead of the official signing of a US-Iran peace deal, seeing Brent crude trade down to USD79 per barrel; Iranian oil on the move already. BoJ rate hike and steady RBA policy both as expected
Following May’s SPI figures, bank economists have revised their inflation projections for the June quarter and while the US-Iran deal is welcomed, it ‘doesn’t fully unwind the global oil supply shock’
16th Jun 26, 4:12pm
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Following May’s SPI figures, bank economists have revised their inflation projections for the June quarter and while the US-Iran deal is welcomed, it ‘doesn’t fully unwind the global oil supply shock’
NZIER's latest consensus forecasts show sluggish GDP growth as geopolitical conflict, fuel prices and election uncertainty put the brakes on the economy
16th Jun 26, 1:48pm
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NZIER's latest consensus forecasts show sluggish GDP growth as geopolitical conflict, fuel prices and election uncertainty put the brakes on the economy
US-Iran MOU signed electronically, paving the way for the Strait of Hormuz to gradually reopen. Brent crude falls to US$83/bbl; solid gains in many equity markets. Muted reaction for bonds and currencies
16th Jun 26, 7:41am
US-Iran MOU signed electronically, paving the way for the Strait of Hormuz to gradually reopen. Brent crude falls to US$83/bbl; solid gains in many equity markets. Muted reaction for bonds and currencies
Hopes for diplomatic breakthrough to de-escalate conflict support equities. Oil prices swing but ultimately extend recent decline and reach lowest since mid-April. Conflicting narratives suggest ongoing uncertainty about the proposed US-Iran deal
15th Jun 26, 7:29am
Hopes for diplomatic breakthrough to de-escalate conflict support equities. Oil prices swing but ultimately extend recent decline and reach lowest since mid-April. Conflicting narratives suggest ongoing uncertainty about the proposed US-Iran deal
Economists expect March quarter GDP to top 1% with the effects of the Middle East conflict and global fuel crisis are likely to hit harder in GDP releases later this year
14th Jun 26, 6:30am
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Economists expect March quarter GDP to top 1% with the effects of the Middle East conflict and global fuel crisis are likely to hit harder in GDP releases later this year
The BNZ-BusinessNZ Performance of Manufacturing Index fell into the red in May, recording the lowest reading the index has reported in almost a year
12th Jun 26, 12:06pm
The BNZ-BusinessNZ Performance of Manufacturing Index fell into the red in May, recording the lowest reading the index has reported in almost a year
Trump said the US would resume attacks on Iran which weighed on risk-sensitive assets. Brent crude gains on the lift in tensions. US CPI closely aligns with expectations. Gold prices extend lower
11th Jun 26, 7:47am
Trump said the US would resume attacks on Iran which weighed on risk-sensitive assets. Brent crude gains on the lift in tensions. US CPI closely aligns with expectations. Gold prices extend lower
Oil prices are lower on increased supply through Hormuz; reports of a downed US military helicopter had only a modest impact. The tech-related sell-off in US equities has resumed. US Treasury yields drifted lower
10th Jun 26, 7:58am
Oil prices are lower on increased supply through Hormuz; reports of a downed US military helicopter had only a modest impact. The tech-related sell-off in US equities has resumed. US Treasury yields drifted lower