BNZ
[updated]
The deficit between what we earn overseas and what we spend narrows considerably in moves that will please global credit rating agencies
17th Sep 25, 11:19am
2
The deficit between what we earn overseas and what we spend narrows considerably in moves that will please global credit rating agencies
Markets ignore stronger US data, focused on prospects for a protracted Fed easing cycle, seeing Treasury yields edge lower while the USD shows a broadly based fall. EUR rises to a four-year high
17th Sep 25, 7:43am
Markets ignore stronger US data, focused on prospects for a protracted Fed easing cycle, seeing Treasury yields edge lower while the USD shows a broadly based fall. EUR rises to a four-year high
Ahead of the Fed’s near-certain rate cut later this week, US equities rise to a fresh record high, alongside a modest fall in US Treasury yields and a broadly weaker USD. Little reaction to weaker China activity data yesterday
16th Sep 25, 7:44am
Ahead of the Fed’s near-certain rate cut later this week, US equities rise to a fresh record high, alongside a modest fall in US Treasury yields and a broadly weaker USD. Little reaction to weaker China activity data yesterday
Activity slumped in the services sector again last month, echoing a drop in the manufacturing sector and suggesting the anticipated pick-up in economic activity is struggling to get started
15th Sep 25, 11:13am
16
Activity slumped in the services sector again last month, echoing a drop in the manufacturing sector and suggesting the anticipated pick-up in economic activity is struggling to get started
US equity markets consolidated. Asian indices hit record levels. Global bond yields rebound. US Treasury 10-year up 4bp with a steeper curve. Fitch downgrades French rating amid rising debt and political instability
15th Sep 25, 7:20am
US equity markets consolidated. Asian indices hit record levels. Global bond yields rebound. US Treasury 10-year up 4bp with a steeper curve. Fitch downgrades French rating amid rising debt and political instability
US CPI data close to market expectations. Initial jobless claims surge to a four-year high, but driven by an unusual gain for Texas. The combination drove down US rates and the USD. ECB on hold, as expected
12th Sep 25, 7:57am
US CPI data close to market expectations. Initial jobless claims surge to a four-year high, but driven by an unusual gain for Texas. The combination drove down US rates and the USD. ECB on hold, as expected
Open banking: Worldline launches Online EFTPOS Repeat Pay and POLi moves from 'overlay service' to APIs
11th Sep 25, 8:30am
4
Open banking: Worldline launches Online EFTPOS Repeat Pay and POLi moves from 'overlay service' to APIs
US producer price data softer than expected supporting the case for Fed easing. US treasuries rally. 10-year yields approach 4.0%, the lowest level since April. S&P500 reaches fresh record high
11th Sep 25, 7:37am
US producer price data softer than expected supporting the case for Fed easing. US treasuries rally. 10-year yields approach 4.0%, the lowest level since April. S&P500 reaches fresh record high
Significant downward revision for US non-farm payrolls brings brief market reaction. Focus now on upcoming PPI and CPI data. US Treasury yields push higher
10th Sep 25, 7:46am
Significant downward revision for US non-farm payrolls brings brief market reaction. Focus now on upcoming PPI and CPI data. US Treasury yields push higher
Manufacturing volumes fell 2.9% in the June quarter, prompting BNZ economists to forecast a GDP drop of 0.5% for the quarter
9th Sep 25, 1:51pm
10
Manufacturing volumes fell 2.9% in the June quarter, prompting BNZ economists to forecast a GDP drop of 0.5% for the quarter
Global rates push down as market sees a protracted Fed easing cycle ahead; 10-year US Treasury yield down to a fresh five-month low of 4.04%. USD broadly weaker
9th Sep 25, 7:38am
Global rates push down as market sees a protracted Fed easing cycle ahead; 10-year US Treasury yield down to a fresh five-month low of 4.04%. USD broadly weaker
[updated]
A 4.59% two year fixed rate launched by the Wairarapa Building Society has beaten any bank to lead the spring real estate selling season. You can have a low rate with cashback too
8th Sep 25, 3:37pm
A 4.59% two year fixed rate launched by the Wairarapa Building Society has beaten any bank to lead the spring real estate selling season. You can have a low rate with cashback too
Further weakness in US labour market as payrolls undershoot again. Data clears the way for a September rate cut. Bond markets rally and US dollar is weaker. OPEC+ to increase oil production next month
8th Sep 25, 7:17am
Further weakness in US labour market as payrolls undershoot again. Data clears the way for a September rate cut. Bond markets rally and US dollar is weaker. OPEC+ to increase oil production next month
US economic data mixed, with labour market data weaker than expected but a stronger ISM services survey. Rates lower, as the market positions itself for a soft US payrolls report
5th Sep 25, 7:53am
US economic data mixed, with labour market data weaker than expected but a stronger ISM services survey. Rates lower, as the market positions itself for a soft US payrolls report
Long end of sovereign bond markets remain in focus. US job openings weaker than expected supporting the case for a September cut. Treasury yields decline following the data. 30-year yields touch 5.0% before retracing
4th Sep 25, 7:38am
Long end of sovereign bond markets remain in focus. US job openings weaker than expected supporting the case for a September cut. Treasury yields decline following the data. 30-year yields touch 5.0% before retracing