2nd Apr 20, 7:54am
A bad start to Q2 for risk assets. NZ bond market underperforms as issuance program ramps up. NZD goes sub-0.59 overnight
A bad start to Q2 for risk assets. NZ bond market underperforms as issuance program ramps up. NZD goes sub-0.59 overnight
31st Mar 20, 7:49am
Equities markets start the week on a positive note, even in the face of some dire economic data. New policies to support growth continue to be announced
Equities markets start the week on a positive note, even in the face of some dire economic data. New policies to support growth continue to be announced
27th Mar 20, 7:56am
Global equities up for the third day running as central banks and governments show policy support. USD under pressure as risk sentiment improves. NZD, AUD and GBP all more than 2% higher overnight
Global equities up for the third day running as central banks and governments show policy support. USD under pressure as risk sentiment improves. NZD, AUD and GBP all more than 2% higher overnight
26th Mar 20, 7:56am
Global equities stage another strong rally on US fiscal package. USD on the back foot on higher risk appetite. NZD little changed from NZ close
Global equities stage another strong rally on US fiscal package. USD on the back foot on higher risk appetite. NZD little changed from NZ close
25th Mar 20, 7:48am
Big leap in risk appetite drives equity markets higher. Hope for US lawmakers to sign off on large fiscal package. Global rates higher. USD under pressure as financial market stress eases
Big leap in risk appetite drives equity markets higher. Hope for US lawmakers to sign off on large fiscal package. Global rates higher. USD under pressure as financial market stress eases
24th Mar 20, 8:00am
Fed takes central bank policy to its limit with new initiatives. But US equities weaker anyway, while USTs supported. Fed announcement sees NZD recover overnight. RBNZ QE policy drives NZ rates down significantly
Fed takes central bank policy to its limit with new initiatives. But US equities weaker anyway, while USTs supported. Fed announcement sees NZD recover overnight. RBNZ QE policy drives NZ rates down significantly
23rd Mar 20, 7:51am
US equities under pressure again. Upward trend in USTs broken, a sign that central banks have more control. Governments step up, or look to step up, on fiscal support packages
US equities under pressure again. Upward trend in USTs broken, a sign that central banks have more control. Governments step up, or look to step up, on fiscal support packages
13th Mar 20, 7:42am
Markets in turmoil as a deep global recession comes into play. Global equities plunge, even as Fed begins QE4. Wide ranges in USTs and currencies. Demand for USD liquidity sees USD soar
Markets in turmoil as a deep global recession comes into play. Global equities plunge, even as Fed begins QE4. Wide ranges in USTs and currencies. Demand for USD liquidity sees USD soar
12th Mar 20, 7:42am
US equities plunge on disappointing policy response. UK and euro-area policy makers look more alert – BoE does intra-meeting 50bps cut. Bond curves steeper. NZD settles around 0.63
US equities plunge on disappointing policy response. UK and euro-area policy makers look more alert – BoE does intra-meeting 50bps cut. Bond curves steeper. NZD settles around 0.63
11th Mar 20, 7:48am
Choppy markets, but equities and rates higher. USD rebounds, NZD back on its way down. Governor Orr pushes back on knee-jerk interest rate cuts
Choppy markets, but equities and rates higher. USD rebounds, NZD back on its way down. Governor Orr pushes back on knee-jerk interest rate cuts
10th Mar 20, 7:58am
Oil price plunge causes carnage across markets; Fears of GFC II. Global equities down 5-10%; UST yields down below 0.5%. JPY the preeminent safe-haven
Oil price plunge causes carnage across markets; Fears of GFC II. Global equities down 5-10%; UST yields down below 0.5%. JPY the preeminent safe-haven
9th Mar 20, 7:56am
Markets in panic mode on Friday. Rates down to record lows; VIX up through 50. Weaker USD helps support NZD. Oil prices slump and price war will see a further slump today
Markets in panic mode on Friday. Rates down to record lows; VIX up through 50. Weaker USD helps support NZD. Oil prices slump and price war will see a further slump today
6th Mar 20, 7:49am
Risk sentiment sours. US equities dive; UST 10s go sub 0.90%. Safe haven currencies supported but NZD steady at 0.63, AUD weaker
Risk sentiment sours. US equities dive; UST 10s go sub 0.90%. Safe haven currencies supported but NZD steady at 0.63, AUD weaker
28th Feb 20, 7:51am
More chunky falls in global equities and global rates on COVID-19 spread. NZD and AUD supported as USD takes a hit. EUR recovers further; GBP under pressure on UK-EU trade talk
More chunky falls in global equities and global rates on COVID-19 spread. NZD and AUD supported as USD takes a hit. EUR recovers further; GBP under pressure on UK-EU trade talk
27th Feb 20, 7:56am
Fear factor on COVID-19 dissipates a little. But market still trading cautiously. AUD reaches fresh low; NZD goes sub 0.63
Fear factor on COVID-19 dissipates a little. But market still trading cautiously. AUD reaches fresh low; NZD goes sub 0.63
26th Feb 20, 7:42am
Further falls in global equities and rates. UST10s probe a record low as Fed easing expectations heighten. NZD and AUD well contained; JPY and GBP stronger
Further falls in global equities and rates. UST10s probe a record low as Fed easing expectations heighten. NZD and AUD well contained; JPY and GBP stronger
25th Feb 20, 7:51am
Market fallout from COVID-19 steps up as virus spreads globally. Equities and global rates plunge. NZD resilient at 0.6350 while JPY favoured
Market fallout from COVID-19 steps up as virus spreads globally. Equities and global rates plunge. NZD resilient at 0.6350 while JPY favoured
24th Feb 20, 7:43am
Market alarmed by the global spread of COVID-19. US equities down over 1%; US long bond rate hits record low; USD weaker on poor PMI print. NZD and AUD recover from lows
Market alarmed by the global spread of COVID-19. US equities down over 1%; US long bond rate hits record low; USD weaker on poor PMI print. NZD and AUD recover from lows
14th Feb 20, 7:49am
GBP up on political movements and new fiscal stimulus-friendly Chancellor. More caution on COVID-19 as number of reported cases jumps. NZD and AUD on the soft side while EUR continues to slide
GBP up on political movements and new fiscal stimulus-friendly Chancellor. More caution on COVID-19 as number of reported cases jumps. NZD and AUD on the soft side while EUR continues to slide
13th Feb 20, 7:54am
NZD gains post RBNZ MPS but no further progress overnight. Global rates push higher; NZ rates up 10bps or so. EUR remains under pressure
NZD gains post RBNZ MPS but no further progress overnight. Global rates push higher; NZ rates up 10bps or so. EUR remains under pressure
