Kymberly Martin
USD weakens on easing of post-election surge. NZD also rising strongly against the GBP. Kiwi breaks through 200-day average
1
USD weakens on easing of post-election surge. NZD also rising strongly against the GBP. Kiwi breaks through 200-day average
Markets expect next CPI data to show inflation up into RBNZ's target range. NZGB yields fall faster than swaps. Lack of detail about new US Administralion plans sees pullback
1
Markets expect next CPI data to show inflation up into RBNZ's target range. NZGB yields fall faster than swaps. Lack of detail about new US Administralion plans sees pullback
Trump press conference sees USD fall. Direction for NZD at whim of global markets. AUD gets boost
Trump press conference sees USD fall. Direction for NZD at whim of global markets. AUD gets boost
Attention turns to when the RBNZ starts hiking. NZ swaps open marginally higher. German yields drift lower, US yields in tight range
Attention turns to when the RBNZ starts hiking. NZ swaps open marginally higher. German yields drift lower, US yields in tight range
US SME optimism underpins USD strength. Market risk appetite high. NZD 'underperforming'
US SME optimism underpins USD strength. Market risk appetite high. NZD 'underperforming'
Local rates fall following Wall Street signals, reversing most of Monday's rise. NZGBs are attracting 'inherent appeal' for four key reasons
Local rates fall following Wall Street signals, reversing most of Monday's rise. NZGBs are attracting 'inherent appeal' for four key reasons
Eyes on Chinese inflation data, "a precursor to broadening inflationary pressures globally". NZ yields follow US moves closely
Eyes on Chinese inflation data, "a precursor to broadening inflationary pressures globally". NZ yields follow US moves closely
Both the Kiwi and Aussie gain as data and news from most other majors fails to enthuse currency markets. GBP one of the weakest
Both the Kiwi and Aussie gain as data and news from most other majors fails to enthuse currency markets. GBP one of the weakest
Renewed US wage pressure raises prospects of more Fed hikes, and a stronger USD. Kiwi dollar hit but the AUD retains more strength
Renewed US wage pressure raises prospects of more Fed hikes, and a stronger USD. Kiwi dollar hit but the AUD retains more strength
Expect NZ yields to get a boost today and the curve steepen. Markets now expect at least two US Fed hikes in 2017. NZGBs have outperformed swap in recent weeks
Expect NZ yields to get a boost today and the curve steepen. Markets now expect at least two US Fed hikes in 2017. NZGBs have outperformed swap in recent weeks
Fed dot point projections surprise bond markets, with loud echo in local wholesale rates. Markets see RBA turning to hiking in 2018
Fed dot point projections surprise bond markets, with loud echo in local wholesale rates. Markets see RBA turning to hiking in 2018
All major currencies trade lower against the USD post FOMC announcements; NZDUSD breaks below the 0.7068 resistance level; AUD recovered some losses due to stronger employment report; EURUSD at lowest level since January 2003
All major currencies trade lower against the USD post FOMC announcements; NZDUSD breaks below the 0.7068 resistance level; AUD recovered some losses due to stronger employment report; EURUSD at lowest level since January 2003
CAD and NOK underperform as WTI oil down 1.5%; GBP one fo the strongest performers, gains 0.4% against the USD; AUD and NZD both trade higher since last evening, NZD pushing back to 0.7230
CAD and NOK underperform as WTI oil down 1.5%; GBP one fo the strongest performers, gains 0.4% against the USD; AUD and NZD both trade higher since last evening, NZD pushing back to 0.7230
Demand for NZBG and LGFA bonds high. Eyes on AU emplloyment report. German yields drift lower
Demand for NZBG and LGFA bonds high. Eyes on AU emplloyment report. German yields drift lower
NZ swap and bond yields down 1bps; strong demand expected at NZDMO and LGFA tenders this week; German yields down 5bps, with US-German spreads at 212bps
NZ swap and bond yields down 1bps; strong demand expected at NZDMO and LGFA tenders this week; German yields down 5bps, with US-German spreads at 212bps