27th Nov 20, 10:01am
Big five New Zealand banks fill their boots on home loans during September quarter as COVID-19 sends profits south
Big five New Zealand banks fill their boots on home loans during September quarter as COVID-19 sends profits south
27th Nov 20, 7:37am
AstraZeneca to re-run trial after flaws in recent trial. S&P500 futures and Treasury futures little perturbed with US on holiday. NZD hovers around 0.70. Bitcoin plunges
AstraZeneca to re-run trial after flaws in recent trial. S&P500 futures and Treasury futures little perturbed with US on holiday. NZD hovers around 0.70. Bitcoin plunges
26th Nov 20, 7:56am
NZD prints new highs, back above 0.70, up 6% for the month to date. Steeper domestic curve as market re-positions for policy outlook. Cautious trading overnight ahead of US holiday
NZD prints new highs, back above 0.70, up 6% for the month to date. Steeper domestic curve as market re-positions for policy outlook. Cautious trading overnight ahead of US holiday
25th Nov 20, 6:58am
Economists expect the RBNZ to respond to government pressure over house prices by restricting bank lending; Financial markets now see lower odds of a negative OCR in 2021
Economists expect the RBNZ to respond to government pressure over house prices by restricting bank lending; Financial markets now see lower odds of a negative OCR in 2021
[Updated]
24th Nov 20, 4:23pm
BNZ says it will reintroduce loan-to-value ratio restrictions on low deposit home loans from December 7 as Reserve Bank moves to formally restore them
[Updated]
BNZ says it will reintroduce loan-to-value ratio restrictions on low deposit home loans from December 7 as Reserve Bank moves to formally restore them
24th Nov 20, 7:36am
Surprisingly strong US Markit PMI data drives USD higher; NZD falls from fresh 2-year high. GBP outperforms on hope for a trade deal this week
Surprisingly strong US Markit PMI data drives USD higher; NZD falls from fresh 2-year high. GBP outperforms on hope for a trade deal this week
20th Nov 20, 7:50am
New restrictions outweigh positive vaccine news. Global equities and rates push lower. AUD underperforms, sending NZD/AUD to 0.95
New restrictions outweigh positive vaccine news. Global equities and rates push lower. AUD underperforms, sending NZD/AUD to 0.95
[Updated]
19th Nov 20, 12:53pm
BNZ to shut 38 branches across New Zealand between December and June next year, says it will help staff 'find new job opportunities at BNZ'
[Updated]
BNZ to shut 38 branches across New Zealand between December and June next year, says it will help staff 'find new job opportunities at BNZ'
19th Nov 20, 7:46am
More positive vaccine news supports risk assets. Global equities and rates nudge higher. NZD prints a fresh 20-month high of 0.6940
More positive vaccine news supports risk assets. Global equities and rates nudge higher. NZD prints a fresh 20-month high of 0.6940
17th Nov 20, 7:38am
Moderna announces its Covid-19 vaccine is 94.5% effective. Equities and bond yields spike higher, before paring gains. Rotation continues in US equity market - small caps outperforming tech. USD broadly weaker, NZD moves back towards 0.69
Moderna announces its Covid-19 vaccine is 94.5% effective. Equities and bond yields spike higher, before paring gains. Rotation continues in US equity market - small caps outperforming tech. USD broadly weaker, NZD moves back towards 0.69
16th Nov 20, 7:40am
Equities increase further on vaccine optimism, global rates tick higher. NZD flat on Friday, but up more than 1% last week. Brexit in focus this week as talks reach crunch time
Equities increase further on vaccine optimism, global rates tick higher. NZD flat on Friday, but up more than 1% last week. Brexit in focus this week as talks reach crunch time
14th Nov 20, 9:30am
Paul Conway argues innovation and new policy thinking are required if New Zealand's to emerge from the COVID crisis with a more productive, sustainable and inclusive economy
Paul Conway argues innovation and new policy thinking are required if New Zealand's to emerge from the COVID crisis with a more productive, sustainable and inclusive economy
13th Nov 20, 7:41am
Markets take on a more cautious tone overnight. Soft US CPI; US Treasuries rally. Commodity currencies on the soft side
Markets take on a more cautious tone overnight. Soft US CPI; US Treasuries rally. Commodity currencies on the soft side
12th Nov 20, 7:50am
NZ rates and NZD surge post RBNZ MPS. No follow-through overnight, as USD recovers. NZD pushes higher on the crosses
NZ rates and NZD surge post RBNZ MPS. No follow-through overnight, as USD recovers. NZD pushes higher on the crosses
12th Nov 20, 7:30am
Economists expect the RBNZ will consider what impact its $28 billion Funding for Lending Programme has on interest rates before taking a knife to the OCR
Economists expect the RBNZ will consider what impact its $28 billion Funding for Lending Programme has on interest rates before taking a knife to the OCR
10th Nov 20, 7:51am
Risk appetite surges on positive vaccine news and US election result. US equities surge to record high. Global yields much higher. Vaccine news must surely weigh on RBNZ policy outlook update tomorrow
Risk appetite surges on positive vaccine news and US election result. US equities surge to record high. Global yields much higher. Vaccine news must surely weigh on RBNZ policy outlook update tomorrow
9th Nov 20, 7:41am
USD remains under pressure, with BBDXY hitting fresh 2½-year low. NZD touches 0.68 for the first time since April 2019. US Treasury yields higher after stronger payrolls report; NZ rates higher on Friday as well. RBNZ MPS in focus this week
USD remains under pressure, with BBDXY hitting fresh 2½-year low. NZD touches 0.68 for the first time since April 2019. US Treasury yields higher after stronger payrolls report; NZ rates higher on Friday as well. RBNZ MPS in focus this week
6th Nov 20, 9:37am
BNZ CEO Angela Mentis suggests the Reserve Bank probably won't need to drop the Official Cash Rate below zero if its proposed funding for lending programme works
BNZ CEO Angela Mentis suggests the Reserve Bank probably won't need to drop the Official Cash Rate below zero if its proposed funding for lending programme works
6th Nov 20, 7:53am
Biden on the verge of victory, while Republicans look to hold Senate. Gridlock view supports further strong gains in equities. US Treasuries reverse course, showing modest lift in yields
Biden on the verge of victory, while Republicans look to hold Senate. Gridlock view supports further strong gains in equities. US Treasuries reverse course, showing modest lift in yields
[Updated]
5th Nov 20, 10:29am
Annual profit falls $260 million at BNZ as COVID-19 makes its impact felt, income falls and expenses rise
[Updated]
Annual profit falls $260 million at BNZ as COVID-19 makes its impact felt, income falls and expenses rise
5th Nov 20, 7:58am
US equities surge despite, or because of, close election result. Biden likely to win, but Senate too close to call. US Treasuries cheer prospect of less out-of-control spending/debt. NZD volatile but flat at 0.67; mild USD weakness
US equities surge despite, or because of, close election result. Biden likely to win, but Senate too close to call. US Treasuries cheer prospect of less out-of-control spending/debt. NZD volatile but flat at 0.67; mild USD weakness
4th Nov 20, 9:34am
Discussion paper from Payments NZ details the 'building blocks' for a real-time payments system for the future
Discussion paper from Payments NZ details the 'building blocks' for a real-time payments system for the future
3rd Nov 20, 7:35am
Equities recover some of last week's hefty losses, ahead of US election. US 10-year rate also reverses course, down 3bps despite strong ISM report. Commodity currencies outperform
Equities recover some of last week's hefty losses, ahead of US election. US 10-year rate also reverses course, down 3bps despite strong ISM report. Commodity currencies outperform
2nd Nov 20, 7:32am
Equity markets suffer a tech-led fall on Friday night. Global rates higher and steeper as conviction in a "blue wave" grows. UK announces nationwide lockdown from Thursday. US election to take centre stage this week
Equity markets suffer a tech-led fall on Friday night. Global rates higher and steeper as conviction in a "blue wave" grows. UK announces nationwide lockdown from Thursday. US election to take centre stage this week
30th Oct 20, 7:48am
US equities recover strongly after yesterday's big sell-off. US Treasury yields move sharply higher. ECB signals more easing to come in December, leading to falls in EUR and European rates
US equities recover strongly after yesterday's big sell-off. US Treasury yields move sharply higher. ECB signals more easing to come in December, leading to falls in EUR and European rates
