Jason Wong
NZD remains well supported as GBP struggles; BoE to ease monetary policy; EU's credit rating cut by S&P; equity markets continue to recover
1st Jul 16, 8:31am
NZD remains well supported as GBP struggles; BoE to ease monetary policy; EU's credit rating cut by S&P; equity markets continue to recover
Local risk premiums back to pre-Brexit levels. Good local data pushes likelihood of more RBNZ easing back. Economists expect the UK to fall into recession
1st Jul 16, 8:10am
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Local risk premiums back to pre-Brexit levels. Good local data pushes likelihood of more RBNZ easing back. Economists expect the UK to fall into recession
NZD back up through 0.71; USD weaker across the board; equity markets put on strong showing; Brexit may not occur if UK never invoke article 50
30th Jun 16, 8:04am
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NZD back up through 0.71; USD weaker across the board; equity markets put on strong showing; Brexit may not occur if UK never invoke article 50
Chances for a US rate hike fade. Chances for a NZ rate cut also fade. Global bond markets stabilise as Brexit risks isolated to Europe
30th Jun 16, 7:50am
Chances for a US rate hike fade. Chances for a NZ rate cut also fade. Global bond markets stabilise as Brexit risks isolated to Europe
Risk assets bounce back; German won't let Britain cherry pick the most beneficial parts of EU membership; NZD & AUD strengthen in tandem
29th Jun 16, 8:08am
Risk assets bounce back; German won't let Britain cherry pick the most beneficial parts of EU membership; NZD & AUD strengthen in tandem
Markets take a less risk-averse tone. They even reduce their bets that the RBNZ will cut again. Credit spreads narrow
29th Jun 16, 7:53am
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Markets take a less risk-averse tone. They even reduce their bets that the RBNZ will cut again. Credit spreads narrow
Benchmark rates tumble everwhere as sentiment sours for risk assets. Expect local swap rates to fall today following main market moves. CDS spreads widen
28th Jun 16, 8:41am
Benchmark rates tumble everwhere as sentiment sours for risk assets. Expect local swap rates to fall today following main market moves. CDS spreads widen
Fallout from Brexit vote continues, Cameron rejects second referendum; NZD & AUD underperform; China devalues currency by 0.9% against USD
28th Jun 16, 8:28am
Fallout from Brexit vote continues, Cameron rejects second referendum; NZD & AUD underperform; China devalues currency by 0.9% against USD
GBP hit 30-year lows, suffers largest daily fall under current free-float regime; major European currencies caught in the crossfire; financial stocks hit hardest
27th Jun 16, 8:19am
GBP hit 30-year lows, suffers largest daily fall under current free-float regime; major European currencies caught in the crossfire; financial stocks hit hardest
Benchmark interest rates fall on Brexit, but rise on 'perphery'. UK to lose AAA status. Markets downgrade chance of US rate rises, upgrade chance of RBNZ rate cuts
27th Jun 16, 7:27am
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Benchmark interest rates fall on Brexit, but rise on 'perphery'. UK to lose AAA status. Markets downgrade chance of US rate rises, upgrade chance of RBNZ rate cuts
Equity markets rise as if UK vote already decided; NZD/USD blasts through 72c, Yen collapses
24th Jun 16, 8:29am
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Equity markets rise as if UK vote already decided; NZD/USD blasts through 72c, Yen collapses
Yields rising around the world. Locally, curve steepened. Little upside risk to a UK Remain vote
24th Jun 16, 7:56am
Yields rising around the world. Locally, curve steepened. Little upside risk to a UK Remain vote
USD fall a lagged reaction to Yellen's comments; IMF cuts US growth forecast; market liquidity drying up ahead of Brexit vote
23rd Jun 16, 8:26am
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USD fall a lagged reaction to Yellen's comments; IMF cuts US growth forecast; market liquidity drying up ahead of Brexit vote
Markets await UK referendum results. US rates trade in tight range, ignoring booming US house sales. Another NZGB tender today
23rd Jun 16, 8:01am
Markets await UK referendum results. US rates trade in tight range, ignoring booming US house sales. Another NZGB tender today
Bond traders take to the sidelines, but markets now not expecting a Brexit shock. Few official rate changes expected. Eyes on NZ migration data
22nd Jun 16, 8:56am
Bond traders take to the sidelines, but markets now not expecting a Brexit shock. Few official rate changes expected. Eyes on NZ migration data
NZD/USD hits 71.7c before tracking back; Yellen's message to Senate Banking Panel was one of caution; latest Brexit poll shows result too close to call
22nd Jun 16, 8:07am
NZD/USD hits 71.7c before tracking back; Yellen's message to Senate Banking Panel was one of caution; latest Brexit poll shows result too close to call
Sell off in risk assets being unwound; Odds of 80% that UK stays in EU, GBP rising strongly; NZD stronger as commodity currencies climb
21st Jun 16, 9:00am
Sell off in risk assets being unwound; Odds of 80% that UK stays in EU, GBP rising strongly; NZD stronger as commodity currencies climb
Bond markets push rates up in the US and Europe off of lows; Fed's Bullard mirrors market thinking. Eyes on UK Brexit poll
20th Jun 16, 8:33am
Bond markets push rates up in the US and Europe off of lows; Fed's Bullard mirrors market thinking. Eyes on UK Brexit poll
Murder of pro-EU MP Jo Cox helps firm Bremain sentiment; NZD could strengthen further if Brexit fears moderate
20th Jun 16, 8:22am
Murder of pro-EU MP Jo Cox helps firm Bremain sentiment; NZD could strengthen further if Brexit fears moderate
Fate of NZD lies with global risk sentiment; UK referendum campaigning stopped after pro-EU lawmaker shot; AU unemployment data surprises by coming in close to forecasts
17th Jun 16, 7:55am
Fate of NZD lies with global risk sentiment; UK referendum campaigning stopped after pro-EU lawmaker shot; AU unemployment data surprises by coming in close to forecasts
USD falls sharply as Fed hike expectations ratcheted down; dairy auction does little to influence NZD
16th Jun 16, 8:23am
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USD falls sharply as Fed hike expectations ratcheted down; dairy auction does little to influence NZD
Safe havens outperform as Brexit nerves hit markets; NZD/USD sits at 70c, global risk appetite will likely remain the primary driver of the NZD
15th Jun 16, 8:21am
Safe havens outperform as Brexit nerves hit markets; NZD/USD sits at 70c, global risk appetite will likely remain the primary driver of the NZD
Another day and another poll showing UK citizens want to leave the EU; NZD/GBP sneaks above 50c; NZD & AUD trade in M shaped pattern
14th Jun 16, 8:26am
Another day and another poll showing UK citizens want to leave the EU; NZD/GBP sneaks above 50c; NZD & AUD trade in M shaped pattern
Speculative GBP short positions increase on latest Brexit polling; JPY remains the risk appetite proxy for the market; NZD & AUD weaker on softer commodity prices and sentiment
13th Jun 16, 8:24am
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Speculative GBP short positions increase on latest Brexit polling; JPY remains the risk appetite proxy for the market; NZD & AUD weaker on softer commodity prices and sentiment