21st Sep 20, 7:38am
S&P500, NASDAQ fall again, on little news. Not much movement in bonds and currencies. NZD outperforms slightly on positive comments from FM Robertson. RBNZ MPS on Wednesday - no major changes expected
S&P500, NASDAQ fall again, on little news. Not much movement in bonds and currencies. NZD outperforms slightly on positive comments from FM Robertson. RBNZ MPS on Wednesday - no major changes expected
19th Sep 20, 9:42am
The economic climate has brought interest rates to very low levels and the environment may have changed semi-permanently. Banks now vie to offer the lowest rates to their depositors
The economic climate has brought interest rates to very low levels and the environment may have changed semi-permanently. Banks now vie to offer the lowest rates to their depositors
18th Sep 20, 9:07am
BNZ economist Paul Conway says the challenge for New Zealand's political parties is to reframe their thinking and create an economic plan that breaks the shackles of our 'economic geography'
BNZ economist Paul Conway says the challenge for New Zealand's political parties is to reframe their thinking and create an economic plan that breaks the shackles of our 'economic geography'
18th Sep 20, 7:41am
Equity markets tumble again but with little spillover into bonds and currencies. BoE flags the possibility of negative interest rates
Equity markets tumble again but with little spillover into bonds and currencies. BoE flags the possibility of negative interest rates
[Updated]
17th Sep 20, 10:58am
Statistics New Zealand says the 12.2% shrinkage of the economy in the June quarter is 'by far the largest on record in New Zealand'; the fall is in line with what major bank economists forecast
[Updated]
Statistics New Zealand says the 12.2% shrinkage of the economy in the June quarter is 'by far the largest on record in New Zealand'; the fall is in line with what major bank economists forecast
15th Sep 20, 5:00am
CEO Chris Lamers says Flexigroup doesn't anticipate merchant service fees charged by its buy now pay later service would be included in any government regulation
CEO Chris Lamers says Flexigroup doesn't anticipate merchant service fees charged by its buy now pay later service would be included in any government regulation
[Updated]
14th Sep 20, 1:37pm
The country is set to see its largest ever contraction in the economy reported this week - but the final figure's actually expected to be much smaller than first feared and the focus is already on how much the economy will grow by in the September quarter
[Updated]
The country is set to see its largest ever contraction in the economy reported this week - but the final figure's actually expected to be much smaller than first feared and the focus is already on how much the economy will grow by in the September quarter
14th Sep 20, 7:35am
Tech stocks fall again, S&P500 flat on Friday. Little movement in currencies or US rates. Plenty on this week - NZ GDP, PREFU, FOMC and BoE meetings, RBA minutes, US retail sales
Tech stocks fall again, S&P500 flat on Friday. Little movement in currencies or US rates. Plenty on this week - NZ GDP, PREFU, FOMC and BoE meetings, RBA minutes, US retail sales
11th Sep 20, 7:44am
Equity markets fall sharply again. Brexit concerns mount, GBP plunges. President Lagarde suggests ECB won't overreact to the exchange rate - EUR outperforms
Equity markets fall sharply again. Brexit concerns mount, GBP plunges. President Lagarde suggests ECB won't overreact to the exchange rate - EUR outperforms
7th Sep 20, 7:34am
US equities recover after further big falls on Friday. US rates increase sharply, curve steepens, after payrolls. Limited moves in currencies
US equities recover after further big falls on Friday. US rates increase sharply, curve steepens, after payrolls. Limited moves in currencies
4th Sep 20, 7:47am
Equity markets slump after their rapid rise. Safe haven currencies outperform, NZD down to 0.6700. Modest fall in US Treasury yields
Equity markets slump after their rapid rise. Safe haven currencies outperform, NZD down to 0.6700. Modest fall in US Treasury yields
31st Aug 20, 7:40am
Powell's Jackson Hole speech continues to be felt. USD falls sharply, US curve continues to steepen, US equities rise. Hawkesby says RBNZ also happy with an inflation overshoot
Powell's Jackson Hole speech continues to be felt. USD falls sharply, US curve continues to steepen, US equities rise. Hawkesby says RBNZ also happy with an inflation overshoot
28th Aug 20, 7:53am
Powell outlines shift to average inflation targeting, running labour market 'hot'. Market gives an initial thumbs up: equities higher, curve steeper, inflation expectations slightly higher
Powell outlines shift to average inflation targeting, running labour market 'hot'. Market gives an initial thumbs up: equities higher, curve steeper, inflation expectations slightly higher
26th Aug 20, 10:00am
As the banks begin offering mortgage deferrals of up to a year, we play around with some numbers for illustrative purposes - with illuminating results
As the banks begin offering mortgage deferrals of up to a year, we play around with some numbers for illustrative purposes - with illuminating results
26th Aug 20, 9:49am
New Zealand's big five banks felt the icy blast of COVID-19 during the June quarter, with profits and net interest margins down, and cost-to-income ratios and non-performing loans up
New Zealand's big five banks felt the icy blast of COVID-19 during the June quarter, with profits and net interest margins down, and cost-to-income ratios and non-performing loans up
25th Aug 20, 6:10pm
New Zealand's financial services sector readies for the replacement of the discredited LIBOR benchmark interest rate system as the clock ticks
New Zealand's financial services sector readies for the replacement of the discredited LIBOR benchmark interest rate system as the clock ticks
24th Aug 20, 7:38am
US equity markets nudge higher again, led by big tech. Global rates drift lower - Powell's Jackson Hole address the main event this week. RBNZ increases bond buying for this week - 10yr swap rate falls to almost 0.5%
US equity markets nudge higher again, led by big tech. Global rates drift lower - Powell's Jackson Hole address the main event this week. RBNZ increases bond buying for this week - 10yr swap rate falls to almost 0.5%
21st Aug 20, 7:45am
US equities recover from post-FOMC minutes sell-off. Global rates fall again, NZ rates hit new lows. NZD falls toward 0.65, underperforms significantly
US equities recover from post-FOMC minutes sell-off. Global rates fall again, NZ rates hit new lows. NZD falls toward 0.65, underperforms significantly
17th Aug 20, 5:20pm
A large challenger bank trims home loan rates to near market-leading levels, the first to do so after the RBNZ MPS and the first to line up for the Spring real estate selling season race
A large challenger bank trims home loan rates to near market-leading levels, the first to do so after the RBNZ MPS and the first to line up for the Spring real estate selling season race
17th Aug 20, 3:18pm
Banks offering options for affected customers that will enable either a new mortgage deferral or extension to an existing deferral; RBNZ says deferral should not be 'default setting'
Banks offering options for affected customers that will enable either a new mortgage deferral or extension to an existing deferral; RBNZ says deferral should not be 'default setting'
