BNZ

Kiwibank comes back for a second home loan rate hike in the past few days, targeting its two and three year fixed rates

Kiwibank comes back for a second home loan rate hike in the past few days, targeting its two and three year fixed rates

Risk sentiment improved modestly as markets priced some chance of Middle East de‑escalation. Equities are higher and global bond markets retraced part of the recent sell‑off. Brent crude prices oscillated near US$100/bbl. FX moves were subdued

Risk sentiment improved modestly as markets priced some chance of Middle East de‑escalation. Equities are higher and global bond markets retraced part of the recent sell‑off. Brent crude prices oscillated near US$100/bbl. FX moves were subdued

News coming out of the Middle East still seems to be mostly bad. US equities are weaker, US rates are higher and the NZD has fallen. Oil price rising

News coming out of the Middle East still seems to be mostly bad. US equities are weaker, US rates are higher and the NZD has fallen. Oil price rising

The financial markets got the soothing message they were looking for from Reserve Bank Governor Anna Breman - but the longer term picture remains one of ongoing inflation and likely interest rate hikes

The financial markets got the soothing message they were looking for from Reserve Bank Governor Anna Breman - but the longer term picture remains one of ongoing inflation and likely interest rate hikes

Big turnaround in markets after Trump backs down. Whatever the truth over competing claims, equities bounce back, global rates fall, oil tumbles

Big turnaround in markets after Trump backs down. Whatever the truth over competing claims, equities bounce back, global rates fall, oil tumbles

Risk sentiment soured Friday night, as investors factored in a more prolonged conflict in the Middle East. US 10-year rate up 13bps; market now factoring in chance of Fed hiking this year. Domestic rates surge, with more upward pressure today

Risk sentiment soured Friday night, as investors factored in a more prolonged conflict in the Middle East. US 10-year rate up 13bps; market now factoring in chance of Fed hiking this year. Domestic rates surge, with more upward pressure today

Large moves higher in global bond yields led by shorter maturities. Investor risk appetite remains subdued - global equities under pressure. ECB leaves rates unchanged as markets reflect expectations of hikes ahead. Ditto Bank of England

Large moves higher in global bond yields led by shorter maturities. Investor risk appetite remains subdued - global equities under pressure. ECB leaves rates unchanged as markets reflect expectations of hikes ahead. Ditto Bank of England

Household term deposit balances have flat-lined since early 2024. But now that bank offer rates are rising, with 4%-plus rates even offered by some main banks, will that encourage savers to move back?

Household term deposit balances have flat-lined since early 2024. But now that bank offer rates are rising, with 4%-plus rates even offered by some main banks, will that encourage savers to move back?

US Federal Reserve keeps rates steady and notes uncertainty from Iran. FOMC continues to signal one rate cut this year. Oil prices gained after an Iranian gas field was hit weighing on risk-sensitive assets

US Federal Reserve keeps rates steady and notes uncertainty from Iran. FOMC continues to signal one rate cut this year. Oil prices gained after an Iranian gas field was hit weighing on risk-sensitive assets

The country's largest mortgage lender raises its carded home loan rates too, with more than me-too increases. Unlike some, they raised term deposit rates at the same time

The country's largest mortgage lender raises its carded home loan rates too, with more than me-too increases. Unlike some, they raised term deposit rates at the same time

The deficit between what we earn overseas and what we spend has increased, though at 3.7% of GDP it remains manageable particularly compared with some of the figures in our recent past

The deficit between what we earn overseas and what we spend has increased, though at 3.7% of GDP it remains manageable particularly compared with some of the figures in our recent past

BNZ is the next to raise fixed mortgage rates, but they do it differently to Westpac, holding advantages in some terms. BNZ did not raise term deposit rates at the same time, as Westpac did

BNZ is the next to raise fixed mortgage rates, but they do it differently to Westpac, holding advantages in some terms. BNZ did not raise term deposit rates at the same time, as Westpac did

Markets calm overnight, as prior day's lift in risk appetite is sustained. Oil prices range bound. RBA hikes 25bps to 4.1% and Governor Bullock gives a hawkish update

Markets calm overnight, as prior day's lift in risk appetite is sustained. Oil prices range bound. RBA hikes 25bps to 4.1% and Governor Bullock gives a hawkish update

'Whatever your point of comparison it seems the worst-case scenario could be a lot worse than Treasury envisages,' BNZ head of research says, as projections see inflation hitting 3.8% and in some cases, pushing past 4%

'Whatever your point of comparison it seems the worst-case scenario could be a lot worse than Treasury envisages,' BNZ head of research says, as projections see inflation hitting 3.8% and in some cases, pushing past 4%

Risk appetite is higher on optimism that the worst is over in the Iran conflict, while the reality is that nothing much has changed on the battleground. Brent crude falls to just over US$100/bbl. IEA says more emergency oil stocks available if required

Risk appetite is higher on optimism that the worst is over in the Iran conflict, while the reality is that nothing much has changed on the battleground. Brent crude falls to just over US$100/bbl. IEA says more emergency oil stocks available if required