sign up log in
Want to go ad-free? Find out how, here.

Jason Wong

RBNZ on sidelines, as new Acting Governor takes over. Local rates respond to international pressures, rising in steepening trend
28th Sep 17, 7:55am
RBNZ on sidelines, as new Acting Governor takes over. Local rates respond to international pressures, rising in steepening trend
USD was up on all crosses except the CAD; NZD continues to underperform, managing to climb back up to 0.7210 after falling as low as 0.7168; EUR has been under downward pressure through most of the night
27th Sep 17, 8:04am
1
USD was up on all crosses except the CAD; NZD continues to underperform, managing to climb back up to 0.7210 after falling as low as 0.7168; EUR has been under downward pressure through most of the night
UST yields a little higher. NZ rates following offshore trends. No election reaction in rates markets
27th Sep 17, 7:50am
UST yields a little higher. NZ rates following offshore trends. No election reaction in rates markets
US-North Korea tensions escalating sees JPY head the leaderboard and UST yields lower; EUR and NZD are softer as the market digests the election results; local rates market showed a 2-3bps fall
26th Sep 17, 8:05am
US-North Korea tensions escalating sees JPY head the leaderboard and UST yields lower; EUR and NZD are softer as the market digests the election results; local rates market showed a 2-3bps fall
North Korean headlines during New Zealand trading hours on Friday saw the UST 10 yr rate down 3 bps to 2.25%; this price action flowed through to local rates
25th Sep 17, 8:11am
North Korean headlines during New Zealand trading hours on Friday saw the UST 10 yr rate down 3 bps to 2.25%; this price action flowed through to local rates
NZD's run after the local close on Friday should limit any positive reaction to the election; EUR well supported after a series strong PMI readings; GBP weakest of the majors, as PM May delivered an important Brexit speech
25th Sep 17, 7:59am
NZD's run after the local close on Friday should limit any positive reaction to the election; EUR well supported after a series strong PMI readings; GBP weakest of the majors, as PM May delivered an important Brexit speech
UST rates traded a 2.24-2.28% range to currently sit flat at 2.27%; Australian rates lower after dovish speech from RBA's Lowe; NZ rates moves modest
22nd Sep 17, 8:08am
UST rates traded a 2.24-2.28% range to currently sit flat at 2.27%; Australian rates lower after dovish speech from RBA's Lowe; NZ rates moves modest
AUD worst performing major, down 1.2% to 0.7930 USD, following RBA Governor Lowe's speech; NZD also lower, testing the 0.7300 USD level; NZDAUD climbed up through the 0.9200 mark
22nd Sep 17, 7:56am
AUD worst performing major, down 1.2% to 0.7930 USD, following RBA Governor Lowe's speech; NZD also lower, testing the 0.7300 USD level; NZDAUD climbed up through the 0.9200 mark
US Treasury yields are up around 4-5bps across the curve, with the 10-year rate up 4bps to 2.28%; the probability of the Fed hiking in December according to the Fed Fund curve has nudged up further to 60%; NZ rates continued to follow global rates higher
21st Sep 17, 8:07am
US Treasury yields are up around 4-5bps across the curve, with the 10-year rate up 4bps to 2.28%; the probability of the Fed hiking in December according to the Fed Fund curve has nudged up further to 60%; NZ rates continued to follow global rates higher
After being down 0.3% for the day, the USD majors index is now up 0.7%; NZD the only major up against the USD, currently trading at 0.7335; AUD is trading around 0.8000 USD and NZDAUD is at 0.9170
21st Sep 17, 7:58am
After being down 0.3% for the day, the USD majors index is now up 0.7%; NZD the only major up against the USD, currently trading at 0.7335; AUD is trading around 0.8000 USD and NZDAUD is at 0.9170
US focus on Fed dot plot. US Fed membership to get more hawish. NZ 10yr swap at 6 week high
20th Sep 17, 8:40am
US focus on Fed dot plot. US Fed membership to get more hawish. NZ 10yr swap at 6 week high
NZD trading close to the session highs of around 0.7320 USD; AUD trading at 0.8015 USD; other majors slightly up against the USD
20th Sep 17, 7:50am
NZD trading close to the session highs of around 0.7320 USD; AUD trading at 0.8015 USD; other majors slightly up against the USD
Fed Funds pricing suggests odds of a hike by December are just above the 50% mark; yields continue to rise across the curve; USD mostly up across the board; NZD down 0.6% to 0.7260 USD; local rates higher and steeper
19th Sep 17, 8:06am
Fed Funds pricing suggests odds of a hike by December are just above the 50% mark; yields continue to rise across the curve; USD mostly up across the board; NZD down 0.6% to 0.7260 USD; local rates higher and steeper
NZD traded its way up to 0.7300 USD on Friday; GBP rose by 1.5% after rising 1.4% on the previous day; AUDUSD was flat around 0.8000 and NZDAUD was at 0.9115
18th Sep 17, 8:40am
NZD traded its way up to 0.7300 USD on Friday; GBP rose by 1.5% after rising 1.4% on the previous day; AUDUSD was flat around 0.8000 and NZDAUD was at 0.9115
European rates set the tone, but focus turns to US Fed meeting decisions. Local eyes on Q2 GDP and election
18th Sep 17, 7:08am
European rates set the tone, but focus turns to US Fed meeting decisions. Local eyes on Q2 GDP and election
UK and Australia data has markets seeing rate hikes, currencies turn higher. US inflation rise raises chance of December Fed rise. NZD the weakest performer
15th Sep 17, 8:32am
UK and Australia data has markets seeing rate hikes, currencies turn higher. US inflation rise raises chance of December Fed rise. NZD the weakest performer
Some momentum on US tax reform boosted the USD, the major TWI index was up 0.5%; UK unemployment rate fell to a 42-year low; NZD is down 0.7% to 0.7235, driven by USD strength
14th Sep 17, 7:58am
Some momentum on US tax reform boosted the USD, the major TWI index was up 0.5%; UK unemployment rate fell to a 42-year low; NZD is down 0.7% to 0.7235, driven by USD strength
Austria sells century bond into huge demand. German and US 10yr rates rise sharply. Receiving interest strong in local markets
13th Sep 17, 8:35am
Austria sells century bond into huge demand. German and US 10yr rates rise sharply. Receiving interest strong in local markets
GBP best performer of the day on stronger than expected inflation data; NZD supported by shock political poll, currently trading at 0.7290; USD managed to hang onto its gains from the previous session
13th Sep 17, 7:51am
GBP best performer of the day on stronger than expected inflation data; NZD supported by shock political poll, currently trading at 0.7290; USD managed to hang onto its gains from the previous session
A risk-on move sees the VIX falling to a 10-handle, JPY and CHF down over 1% and bond yields higher across the board; NZD a touch down from the weekend close at 0.7250 USD; local rates saw upward pressure
12th Sep 17, 7:55am
A risk-on move sees the VIX falling to a 10-handle, JPY and CHF down over 1% and bond yields higher across the board; NZD a touch down from the weekend close at 0.7250 USD; local rates saw upward pressure
The local 2 yr swap rate was steady at 2.15% but the 10 yr fell 4 bps to 3.04%, a fresh low for the year; German rates were lower on a Reuters report on the latest ECB meeting, the effects of which also spilled over to the US Treasuries
11th Sep 17, 8:28am
The local 2 yr swap rate was steady at 2.15% but the 10 yr fell 4 bps to 3.04%, a fresh low for the year; German rates were lower on a Reuters report on the latest ECB meeting, the effects of which also spilled over to the US Treasuries
USD was weaker on US tensions with North Korea, Hurricane Irma and a possible delay in rate hikes; NZDUSD closed the week at around 0.7265 after reaching a high of 0.7338; NZDAUD 0.3% higher to around the 0.9020 level
11th Sep 17, 8:04am
USD was weaker on US tensions with North Korea, Hurricane Irma and a possible delay in rate hikes; NZDUSD closed the week at around 0.7265 after reaching a high of 0.7338; NZDAUD 0.3% higher to around the 0.9020 level
USD weaker across the board, with the USD TWI down 0.6%; EUR higher and German rates lower on ECB policy update; Lower German rates drag down UST rates to fresh year-to-date lows
8th Sep 17, 8:17am
USD weaker across the board, with the USD TWI down 0.6%; EUR higher and German rates lower on ECB policy update; Lower German rates drag down UST rates to fresh year-to-date lows
UST yields rise as debt ceiling showdown has been pushed out by a few months; local rates make fresh lows for the year, following global moves from the previous session
7th Sep 17, 8:01am
UST yields rise as debt ceiling showdown has been pushed out by a few months; local rates make fresh lows for the year, following global moves from the previous session
NZD has trended lower since lunchtime yesterday for no apparent reason, currently just under the 0.7200 USD mark; AUD slightly lower on weaker than expected GDP; CAD up on surprise rate hike; JPY lower as funds move out of safe haven assets
7th Sep 17, 7:55am
1
NZD has trended lower since lunchtime yesterday for no apparent reason, currently just under the 0.7200 USD mark; AUD slightly lower on weaker than expected GDP; CAD up on surprise rate hike; JPY lower as funds move out of safe haven assets