WU Business Services

Steven Dooley doesn't see much lingering impact on the NZD from the Government's housing moves. But he does see it turning and supported by global growth and rising commodity prices

Steven Dooley doesn't see much lingering impact on the NZD from the Government's housing moves. But he does see it turning and supported by global growth and rising commodity prices

Alex Ross sees disorderly yield spikes as suddenly the largest short-term risk, and they traditionally hit commodities and commodity linked currencies (such as NZD and AUD) the hardest

Alex Ross sees disorderly yield spikes as suddenly the largest short-term risk, and they traditionally hit commodities and commodity linked currencies (such as NZD and AUD) the hardest

Alex Ross will be watching the US Fed for signs of yield curve controls because a successful restraining of bond yield rises could create a Goldilocks moment for the NZD

Alex Ross will be watching the US Fed for signs of yield curve controls because a successful restraining of bond yield rises could create a Goldilocks moment for the NZD

Alex Ross says central banks are now playing game theory with markets thinking they can win, when ultimately markets will be ready to have that head on collision if needed

Alex Ross says central banks are now playing game theory with markets thinking they can win, when ultimately markets will be ready to have that head on collision if needed

Producing less for more cost. Alex Ross says central bank policies no longer determine inflation and their delusion is worrying bond markets. The currency consequences when the inflation river crests will produce another taper tantrum

Producing less for more cost. Alex Ross says central bank policies no longer determine inflation and their delusion is worrying bond markets. The currency consequences when the inflation river crests will produce another taper tantrum

Alex Ross says we are in the midst of a Dollar Smile. Meanwhile the Chinese yuan is getting a hawkish push while the Japanese yen is getting the opposite. And is the RBNZ snookered?

Alex Ross says we are in the midst of a Dollar Smile. Meanwhile the Chinese yuan is getting a hawkish push while the Japanese yen is getting the opposite. And is the RBNZ snookered?

Alex Ross points out that distortions tend to end badly and to avoid it we may need a carrot to encourage productive investment and a stick to reduce the non-productive type

Alex Ross points out that distortions tend to end badly and to avoid it we may need a carrot to encourage productive investment and a stick to reduce the non-productive type

Alex Ross points out the RBNZ may end up in a tight place as the major central banks move to average inflation targeting, oil prices rise, and overshoot is at risk especially for the NZD

Alex Ross points out the RBNZ may end up in a tight place as the major central banks move to average inflation targeting, oil prices rise, and overshoot is at risk especially for the NZD

Alex Ross says things have gotten really crazy in financial markets with excesses everywhere you look. He suggests how importers and exporters should protect themselves while participating in fx markets

Alex Ross says things have gotten really crazy in financial markets with excesses everywhere you look. He suggests how importers and exporters should protect themselves while participating in fx markets

Alex Ross points out that the US dollar generally strengthens when Democrats control Congress although it may take most of 2021 for that to work through

Alex Ross points out that the US dollar generally strengthens when Democrats control Congress although it may take most of 2021 for that to work through

As the Kiwi dollar rides the speculative bubble, Alex Ross sees markets at the delusional stage, a stage set for a major bubble bursting in 2021 as everyone else enters the year thinking the current exuberance is the new normal

As the Kiwi dollar rides the speculative bubble, Alex Ross sees markets at the delusional stage, a stage set for a major bubble bursting in 2021 as everyone else enters the year thinking the current exuberance is the new normal

Alex Ross says excess liquidity is the Kiwi’s best friend right now but sometime in 2021 it’s likely to become its biggest risk

Alex Ross says excess liquidity is the Kiwi’s best friend right now but sometime in 2021 it’s likely to become its biggest risk

Alex Ross says as global growth picks up, most Asian economies look set to boom, powered by central bank punchbowls. More Chinese alcohol may be about to be added to the mixture

Alex Ross says as global growth picks up, most Asian economies look set to boom, powered by central bank punchbowls. More Chinese alcohol may be about to be added to the mixture

Alex Ross sees APAC currencies benefiting as 2021 arrives. But prepare for volatility as some central banks try to counter the falling USD. And longer term, the EUR isn't looking good

Alex Ross sees APAC currencies benefiting as 2021 arrives. But prepare for volatility as some central banks try to counter the falling USD. And longer term, the EUR isn't looking good

Alex Ross sees the reflation trade alive and well. But if a return to normality means a withdrawal of artificially suppressed rates and stimulus, will this be positive for the Kiwi in the medium term? Perhaps not

Alex Ross sees the reflation trade alive and well. But if a return to normality means a withdrawal of artificially suppressed rates and stimulus, will this be positive for the Kiwi in the medium term? Perhaps not