Jason Wong

US equities fall by more than 1%, US Treasury yields lower on risk-off vibe. Yen and ultra-long JGBs continue to rally after Takaichi's big election win

US equities fall by more than 1%, US Treasury yields lower on risk-off vibe. Yen and ultra-long JGBs continue to rally after Takaichi's big election win

Stronger than expected US labour market figures all round - payrolls up 130k, unemployment rate drops to 4.3%. Market pares expected rate cuts this year, US Treasuries curve flattens

Stronger than expected US labour market figures all round - payrolls up 130k, unemployment rate drops to 4.3%. Market pares expected rate cuts this year, US Treasuries curve flattens

Broadly weaker USD overnight. Strong rise in Japanese equities after PM Takaichi wins a strong mandate to govern. JPY recovers after early weakness

Broadly weaker USD overnight. Strong rise in Japanese equities after PM Takaichi wins a strong mandate to govern. JPY recovers after early weakness

US equity markets were mixed, with a continued rotation out of technology stocks. US Treasuries stable with limited reaction to a firm services ISM. US dollar broadly stronger

US equity markets were mixed, with a continued rotation out of technology stocks. US Treasuries stable with limited reaction to a firm services ISM. US dollar broadly stronger

Lower tech stocks drive down US equities while investors rotate to value. Gold and silver prices recover strongly. RBA hikes as expected, supporting higher Australian rates and the AUD, with positive spillover into the NZD

Lower tech stocks drive down US equities while investors rotate to value. Gold and silver prices recover strongly. RBA hikes as expected, supporting higher Australian rates and the AUD, with positive spillover into the NZD

The US ISM manufacturing index makes a strong recovery. Markets settle after volatile open to the week; US Treasury yields push higher. Oil prices plunge nearly 5%

The US ISM manufacturing index makes a strong recovery. Markets settle after volatile open to the week; US Treasury yields push higher. Oil prices plunge nearly 5%

Follow-through in currency markets after Friday's "price checks" on yen. Coordinated action between Japan and NY Fed raised speculation that a weaker USD is part of the plan alongside reducing speculative selling in the yen

Follow-through in currency markets after Friday's "price checks" on yen. Coordinated action between Japan and NY Fed raised speculation that a weaker USD is part of the plan alongside reducing speculative selling in the yen

US Dollar debasement trade supports gold and silver; Oil jumps over 3% on weaker USD and fears of future US military action in Iran. NZ annual CPI inflation of 3.1% at top of market estimates

US Dollar debasement trade supports gold and silver; Oil jumps over 3% on weaker USD and fears of future US military action in Iran. NZ annual CPI inflation of 3.1% at top of market estimates

Global equity markets extend gains after Trump's Greenland TACO even though details of the "deal" remain sketchy. UST 2-year rate up to top of its range; 10-year rate remains range-bound

Global equity markets extend gains after Trump's Greenland TACO even though details of the "deal" remain sketchy. UST 2-year rate up to top of its range; 10-year rate remains range-bound

US and European equities recover after Trump dials down aggression at Davos, ruling out military force to acquire Greenland. US Treasury yields range-bound; some order restored to Japan’s bond market after the recent meltdown

US and European equities recover after Trump dials down aggression at Davos, ruling out military force to acquire Greenland. US Treasury yields range-bound; some order restored to Japan’s bond market after the recent meltdown

Weaker risk sentiment on US-EU political tensions; global equities extend losses; US equities down sharply. No safe-haven bid for bonds; Meltdown in Japan's JGB market spills over into other markets. UST yields push higher

Weaker risk sentiment on US-EU political tensions; global equities extend losses; US equities down sharply. No safe-haven bid for bonds; Meltdown in Japan's JGB market spills over into other markets. UST yields push higher

Market reaction modest, so far, to Trump's weekend threats. USD broadly weaker although JPY also weak as new election in Japan confirmed. Equities retreat

Market reaction modest, so far, to Trump's weekend threats. USD broadly weaker although JPY also weak as new election in Japan confirmed. Equities retreat

US equities are notably weaker, dragged down by the tech sector. Softer UK CPI data locks in BoE rate cut tonight. NZ Q3 GDP data today expected to show bounce back after Q2 contraction

US equities are notably weaker, dragged down by the tech sector. Softer UK CPI data locks in BoE rate cut tonight. NZ Q3 GDP data today expected to show bounce back after Q2 contraction

Mixed US economic data; unemployment rate rises to a four year high of 4.6%; solid core retail sales; weaker PMI but stronger pricing indicators. Little market reaction. Oil prices fall further, down to a four-year low

Mixed US economic data; unemployment rate rises to a four year high of 4.6%; solid core retail sales; weaker PMI but stronger pricing indicators. Little market reaction. Oil prices fall further, down to a four-year low

NZ rates market selloff continued yesterday, with the 5-year swap rate rising to its highest level since March

NZ rates market selloff continued yesterday, with the 5-year swap rate rising to its highest level since March