BNZ
Stronger than expected US labour market data contributed to large moves across financial markets as investors recalibrated expectations for easing by the Federal Reserve. US treasury yields spiked higher led by the front end
7th Oct 24, 7:25am
Stronger than expected US labour market data contributed to large moves across financial markets as investors recalibrated expectations for easing by the Federal Reserve. US treasury yields spiked higher led by the front end
The combination of higher oil prices and a strong US ISM services survey has driven US Treasury yields higher. The USD is broadly stronger and GBP is the weakest of the majors
4th Oct 24, 7:42am
The combination of higher oil prices and a strong US ISM services survey has driven US Treasury yields higher. The USD is broadly stronger and GBP is the weakest of the majors
As the Government develops a Consumer Data Right regime, some key questions centre around fees
3rd Oct 24, 9:28am
As the Government develops a Consumer Data Right regime, some key questions centre around fees
Following yesterday’s volatile session, after Iran’s missile attack on Israel, markets are calmer as they await the next move. The yen is much weaker after dovish comments by Japan’s new PM and the BoJ Governor
3rd Oct 24, 7:41am
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Following yesterday’s volatile session, after Iran’s missile attack on Israel, markets are calmer as they await the next move. The yen is much weaker after dovish comments by Japan’s new PM and the BoJ Governor
Geopolitical factors have outweighed economic data releases in their market impact overnight. Safe haven currencies have outperformed. The NZD is down nearly 1½% from this time yesterday
2nd Oct 24, 7:50am
Geopolitical factors have outweighed economic data releases in their market impact overnight. Safe haven currencies have outperformed. The NZD is down nearly 1½% from this time yesterday
Our largest bank restarts the home loan and term deposit rate reductions with cuts, to market-low levels, one week ahead of the upcoming OCR review
1st Oct 24, 6:07pm
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Our largest bank restarts the home loan and term deposit rate reductions with cuts, to market-low levels, one week ahead of the upcoming OCR review
Economists warn there is a rising risk of deflation if the Reserve Bank doesn’t cut interest rates fast enough
1st Oct 24, 3:31pm
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Economists warn there is a rising risk of deflation if the Reserve Bank doesn’t cut interest rates fast enough
China’s equity market continued to surge in the aftermath of last week’s policy stimulus announcement. The China trade has helped drive the NZD and AUD up to fresh highs for the year
1st Oct 24, 7:39am
China’s equity market continued to surge in the aftermath of last week’s policy stimulus announcement. The China trade has helped drive the NZD and AUD up to fresh highs for the year
[updated]
Latest ANZ Business Outlook survey shows not only that optimism about the future continues to grow, but also the first signs of improvement in current activity
30th Sep 24, 1:25pm
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Latest ANZ Business Outlook survey shows not only that optimism about the future continues to grow, but also the first signs of improvement in current activity
Weaker CPI figures bring higher odds of a ECB cut. US PCE inflation metrics were also market-friendly. The yen strengthened after an LDP candidate sympathetic to the BoJ policy to become the next PM
30th Sep 24, 7:29am
Weaker CPI figures bring higher odds of a ECB cut. US PCE inflation metrics were also market-friendly. The yen strengthened after an LDP candidate sympathetic to the BoJ policy to become the next PM
[updated]
Heartland signals to clients that it will launch sharp home loan reductions soon, reclaiming a market-leading rate position
27th Sep 24, 11:13am
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Heartland signals to clients that it will launch sharp home loan reductions soon, reclaiming a market-leading rate position
China's growth stimulus has supported risk appetite and Asia-Pacific currencies. The NZD is up 1%. Equities have increased to fresh record highs. Stronger US economic data drove higher US Treasury yields. Oil prices fell
27th Sep 24, 7:56am
China's growth stimulus has supported risk appetite and Asia-Pacific currencies. The NZD is up 1%. Equities have increased to fresh record highs. Stronger US economic data drove higher US Treasury yields. Oil prices fell
Global equity markets ease. The US dollar up off the recent lows. Oil prices looked past higher Middle East and declined on signs that supply disruptions in Libya are easing
26th Sep 24, 7:53am
Global equity markets ease. The US dollar up off the recent lows. Oil prices looked past higher Middle East and declined on signs that supply disruptions in Libya are easing
Risk appetites rising supported by a smorgasbord of Chinese easing measures to support their economy, while RBA update seen as dovish and weaker US consumer confidence also market moving events
25th Sep 24, 7:47am
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Risk appetites rising supported by a smorgasbord of Chinese easing measures to support their economy, while RBA update seen as dovish and weaker US consumer confidence also market moving events
Weaker euro area PMI data drove down rates in the region and dragged down the euro. UK PMI data weren’t as soft, while the US services PMI remained robust and inflation indicators were stronger
24th Sep 24, 7:49am
Weaker euro area PMI data drove down rates in the region and dragged down the euro. UK PMI data weren’t as soft, while the US services PMI remained robust and inflation indicators were stronger
Consumer NZ and BNZ tell MPs a public education campaign is required to promote data sharing
23rd Sep 24, 4:31pm
Consumer NZ and BNZ tell MPs a public education campaign is required to promote data sharing
Global equities couldn’t extend the previous Fed-inspired rally into the end of last week with major indices closing lower. Gold hit a fresh record high. Fed speaker remarks brought lower UST yields
23rd Sep 24, 7:22am
Global equities couldn’t extend the previous Fed-inspired rally into the end of last week with major indices closing lower. Gold hit a fresh record high. Fed speaker remarks brought lower UST yields
Banks keep chipping away at their term deposit rate offers, a trend likely to continue for a while yet. We reveal the reasons why
20th Sep 24, 11:42am
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Banks keep chipping away at their term deposit rate offers, a trend likely to continue for a while yet. We reveal the reasons why
In the afterglow of the Fed’s jumbo rate cut, US equities lift to fresh record highs. The US Treasuries curve has steepened. The USD is broadly weaker on higher risk appetite
20th Sep 24, 7:51am
In the afterglow of the Fed’s jumbo rate cut, US equities lift to fresh record highs. The US Treasuries curve has steepened. The USD is broadly weaker on higher risk appetite
Economists call for faster rate cuts as the recent slowdown in economic activity outpaces the 2008 recession
20th Sep 24, 6:00am
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Economists call for faster rate cuts as the recent slowdown in economic activity outpaces the 2008 recession
The US Federal Reserve began its easing cycle with a 50bps rate cut. The US dollar fell alongside treasury yields while equity markets gained immediately following the decision
19th Sep 24, 7:41am
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The US Federal Reserve began its easing cycle with a 50bps rate cut. The US dollar fell alongside treasury yields while equity markets gained immediately following the decision
Global asset markets and investors look ahead to the FOMC tomorrow morning. The market is pricing close to a 70% chance for a 50bps cut by the Fed
18th Sep 24, 7:48am
Global asset markets and investors look ahead to the FOMC tomorrow morning. The market is pricing close to a 70% chance for a 50bps cut by the Fed
Kiwibank responds to ANZ's home loan rate cuts with a new market-leading low 6.29% one year fixed rate
17th Sep 24, 8:20am
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Kiwibank responds to ANZ's home loan rate cuts with a new market-leading low 6.29% one year fixed rate
US rates are lower across the board on rising bets that the Fed will front-load the easing cycle with a 50bps rate cut this week. Lower rates support US equities but have worked against the USD, which is broadly weaker
17th Sep 24, 7:44am
US rates are lower across the board on rising bets that the Fed will front-load the easing cycle with a 50bps rate cut this week. Lower rates support US equities but have worked against the USD, which is broadly weaker
Activity in New Zealand’s services sector 'inched its way higher' during August
16th Sep 24, 11:53am
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Activity in New Zealand’s services sector 'inched its way higher' during August