BNZ
US Thanksgiving holiday brings quiet markets. NZ rates higher yesterday in the aftermath of Wednesday's RBNZ MPS, some much stronger NZ data and angst over a possible wave of mortgage fixing
28th Nov 25, 7:53am
US Thanksgiving holiday brings quiet markets. NZ rates higher yesterday in the aftermath of Wednesday's RBNZ MPS, some much stronger NZ data and angst over a possible wave of mortgage fixing
‘Looks like the last’: While the Reserve Bank has left the door open for further OCR easing, economists say it’s not as wide as many would have expected
27th Nov 25, 8:45am
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‘Looks like the last’: While the Reserve Bank has left the door open for further OCR easing, economists say it’s not as wide as many would have expected
Upbeat investor risk sentiment brings solid gains for global equity markets. UK widely anticipated Autumn Budget released. A marginally hawkish tone from the RBNZ pushed NZ rates and the NZ dollar sharply higher
27th Nov 25, 7:46am
Upbeat investor risk sentiment brings solid gains for global equity markets. UK widely anticipated Autumn Budget released. A marginally hawkish tone from the RBNZ pushed NZ rates and the NZ dollar sharply higher
[updated]
Cuts to savings account interest rates have started with one bank cutting less than the OCR reduction
26th Nov 25, 2:24pm
2
Cuts to savings account interest rates have started with one bank cutting less than the OCR reduction
US data released were soft and there was a report that Trump is most likely to select the most dovish candidate, Hassett, as the next Fed chair. The USD is broadly weaker and the 10-year rate has slipped below 4%
26th Nov 25, 7:39am
US data released were soft and there was a report that Trump is most likely to select the most dovish candidate, Hassett, as the next Fed chair. The USD is broadly weaker and the 10-year rate has slipped below 4%
Chief Economist Mike Jones says the end of the RBNZ's rate cutting cycle is in sight and longer term mortgage rates may already be bottoming out
25th Nov 25, 10:59am
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Chief Economist Mike Jones says the end of the RBNZ's rate cutting cycle is in sight and longer term mortgage rates may already be bottoming out
Fonterra's farmgate milk price forecast has been reduced to $9.50 per kilogram of milk solids from $10 on the back of weaker global prices
25th Nov 25, 9:14am
2
Fonterra's farmgate milk price forecast has been reduced to $9.50 per kilogram of milk solids from $10 on the back of weaker global prices
US equities on track for anther solid gain, backing up Friday's rally, with big tech leading the charge. Another Fed voter supports a December rate cut taking chance to 70%
25th Nov 25, 7:47am
US equities on track for anther solid gain, backing up Friday's rally, with big tech leading the charge. Another Fed voter supports a December rate cut taking chance to 70%
US equities rebound after a week of erratic trading. Influential New York Fed President Williams said he sees room for a near-term rate cut, and market pricing for that follows
24th Nov 25, 7:35am
US equities rebound after a week of erratic trading. Influential New York Fed President Williams said he sees room for a near-term rate cut, and market pricing for that follows
Big shift in risk sentiment overnight; positive Nvidia morphs into a decent loss. US non-farm payrolls for September rise but unemployment rate rises to four-year high. Oil prices push lower
21st Nov 25, 7:58am
Big shift in risk sentiment overnight; positive Nvidia morphs into a decent loss. US non-farm payrolls for September rise but unemployment rate rises to four-year high. Oil prices push lower
BNZ economists now forecast a farmgate milk price of $9.50 per kilogram of milk solids for the current season, down from $10.25; Fonterra currently forecasting $10
20th Nov 25, 10:01am
3
BNZ economists now forecast a farmgate milk price of $9.50 per kilogram of milk solids for the current season, down from $10.25; Fonterra currently forecasting $10
USD broadly stronger; NZD whacked, trading at seven month low and erasing all its gain through 2025; JPY down to 10-month low. US equities flat ahead of Nvidia's earnings after the close. Oil weaker
20th Nov 25, 7:55am
USD broadly stronger; NZD whacked, trading at seven month low and erasing all its gain through 2025; JPY down to 10-month low. US equities flat ahead of Nvidia's earnings after the close. Oil weaker
Risk sensitive assets remained under pressure with large declines across global equity indices. There is growing caution from investors about elevated valuations in the AI sector
19th Nov 25, 7:51am
Risk sensitive assets remained under pressure with large declines across global equity indices. There is growing caution from investors about elevated valuations in the AI sector
US Fed vice-chair Jefferson echoes Powell saying that another cut in December was "not a forgone conclusion". Japanese PM Takaichi to meet BoJ after Japan GDP contracted in Q3
18th Nov 25, 7:51am
US Fed vice-chair Jefferson echoes Powell saying that another cut in December was "not a forgone conclusion". Japanese PM Takaichi to meet BoJ after Japan GDP contracted in Q3
Signs of a perk-up in the manufacturing sector may have inspired thoughts that the under-the-pump services sector may also raise its head - but no, not yet
17th Nov 25, 10:54am
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Signs of a perk-up in the manufacturing sector may have inspired thoughts that the under-the-pump services sector may also raise its head - but no, not yet