BNZ

'The implications for housing demand are clearly negative,' BNZ chief economist says

'The implications for housing demand are clearly negative,' BNZ chief economist says

Risk assets extended gains on hopes the Middle East conflict may be nearing an end. President Trump has flagged a potential US exit from the Iran conflict in 2–3 weeks. Treasury yields rebounded after firm ISM and retail-sales data

Risk assets extended gains on hopes the Middle East conflict may be nearing an end. President Trump has flagged a potential US exit from the Iran conflict in 2–3 weeks. Treasury yields rebounded after firm ISM and retail-sales data

Government talks up potential of open banking for small and medium sized businesses

Government talks up potential of open banking for small and medium sized businesses

After a horrid March, risk sentiment is ending the month on a more positive note, on hope that the war can end soon. But on the battleground nothing much has changed. US equities surge, global rates lower, oil lower

After a horrid March, risk sentiment is ending the month on a more positive note, on hope that the war can end soon. But on the battleground nothing much has changed. US equities surge, global rates lower, oil lower

Iran conflict developments haven't improved, with Trump repeating his threat to obliterate Iranian infrastructure unless the Strait of Hormuz is reopened. Market further unwinds Fed hike bets; Chair Powell reiterates policy on hold

Iran conflict developments haven't improved, with Trump repeating his threat to obliterate Iranian infrastructure unless the Strait of Hormuz is reopened. Market further unwinds Fed hike bets; Chair Powell reiterates policy on hold

Risk sentiment stayed fragile, with equities under pressure alongside geopolitical and energy uncertainty. Markets pare Fed hike expectations, shifting the focus from inflation risk to growth downside. Material steepening for the treasury curve

Risk sentiment stayed fragile, with equities under pressure alongside geopolitical and energy uncertainty. Markets pare Fed hike expectations, shifting the focus from inflation risk to growth downside. Material steepening for the treasury curve

Risk sentiment weaker, as investors lose hope of resolution to the Iran conflict which continues unabated as Brent crude probes US$109 level. Global equities weaker and global rates higher. Norway's central bank pivots

Risk sentiment weaker, as investors lose hope of resolution to the Iran conflict which continues unabated as Brent crude probes US$109 level. Global equities weaker and global rates higher. Norway's central bank pivots

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?