Mike Jones
NZ$ showed to be more resilient on the crosses and strengthened against a soggy EUR
24th Jun 13, 8:03am
NZ$ showed to be more resilient on the crosses and strengthened against a soggy EUR
Investor risk appetite plunges in the wake of FOMC announcement; NZ$ sold off heavily; Credit spreads expand
21st Jun 13, 8:13am
Investor risk appetite plunges in the wake of FOMC announcement; NZ$ sold off heavily; Credit spreads expand
Bernanke outlined that ‘tapering’ would start later this year and asset purchases could cease mid next year if central forecasts pan out
20th Jun 13, 8:31am
Bernanke outlined that ‘tapering’ would start later this year and asset purchases could cease mid next year if central forecasts pan out
Latest data shows US headline CPI picking up largely due to some unfavourable base effects
19th Jun 13, 7:54am
Latest data shows US headline CPI picking up largely due to some unfavourable base effects
Strength of recent manufacturing and consumer confidence data should underpin the NZ$/US$ cross rate according to BNZ
18th Jun 13, 8:28am
Strength of recent manufacturing and consumer confidence data should underpin the NZ$/US$ cross rate according to BNZ
Japanese Yen strengthening continues as BoJ Minutes show stimulus may be restricted to a two-year period
17th Jun 13, 7:59am
Japanese Yen strengthening continues as BoJ Minutes show stimulus may be restricted to a two-year period
Nikkei Index falls 6.35% as market questions BoJ's commitment to further stimulus
14th Jun 13, 8:04am
Nikkei Index falls 6.35% as market questions BoJ's commitment to further stimulus
RBNZ expected to play with a straight bat and not say anything that will reignite NZ$ strength
13th Jun 13, 7:44am
RBNZ expected to play with a straight bat and not say anything that will reignite NZ$ strength
NZ$ sent lower against most other currencies as Bank of Japan fails to announce additional stimulus measures; NZ$/US$ breaks through 0.7800
12th Jun 13, 8:11am
NZ$ sent lower against most other currencies as Bank of Japan fails to announce additional stimulus measures; NZ$/US$ breaks through 0.7800
Speculative positioning data shows net long NZ$ positions have plummeted and this cautions against taking on a bearish NZ$ view
11th Jun 13, 7:48am
Speculative positioning data shows net long NZ$ positions have plummeted and this cautions against taking on a bearish NZ$ view
Softer-than-expected outcome for Chinese trade puts NZ$ and A$ on backfoot against majors
10th Jun 13, 8:40am
Softer-than-expected outcome for Chinese trade puts NZ$ and A$ on backfoot against majors
Market participants have already reduced US$ positions ahead of what is expected to be a weaker US payrolls report
7th Jun 13, 8:11am
Market participants have already reduced US$ positions ahead of what is expected to be a weaker US payrolls report
Global stock markets tumble following release of uniformly disappointing data on both sides of the Atlantic
6th Jun 13, 8:08am
Global stock markets tumble following release of uniformly disappointing data on both sides of the Atlantic
Latest Fonterra auction sees dairy prices declined 5.3% eroding some of the previous 'drought inspired' gains
5th Jun 13, 7:54am
Latest Fonterra auction sees dairy prices declined 5.3% eroding some of the previous 'drought inspired' gains
After recently falling to below 0.8000 against the US$, the NZ$ has strengthened around 1.70% to trade back at 0.8100
4th Jun 13, 7:53am
After recently falling to below 0.8000 against the US$, the NZ$ has strengthened around 1.70% to trade back at 0.8100
AU capital expenditure falls 4.7% creating volatility in A$ trading; NZ$ weaker against Euro and US$
31st May 13, 8:26am
AU capital expenditure falls 4.7% creating volatility in A$ trading; NZ$ weaker against Euro and US$
Traders continue to favour a “long” NZ$/A$ position after Fonterra’s first forecast of $7.00/kgMS for new season
30th May 13, 8:07am
Traders continue to favour a “long” NZ$/A$ position after Fonterra’s first forecast of $7.00/kgMS for new season
Broad US$ sentiment could be offset by the expected Fonterra forecast payout for the 2013/14 season
29th May 13, 8:39am
Broad US$ sentiment could be offset by the expected Fonterra forecast payout for the 2013/14 season
BNZ says Fonterra’s 2013/2014 forecast payout should be well above the current estimate ($6.25 to $6.30) for the season just ending
28th May 13, 8:04am
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BNZ says Fonterra’s 2013/2014 forecast payout should be well above the current estimate ($6.25 to $6.30) for the season just ending
BNZ forecasting NZ$/A$ to get as high as 0.8700 over the medium-term, assisted by positive growth and interest rate differentials
27th May 13, 8:31am
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BNZ forecasting NZ$/A$ to get as high as 0.8700 over the medium-term, assisted by positive growth and interest rate differentials
Asian equity markets cop a hiding with Japan's Nikkei index down over 7%; Chinese PMI slumps showing economy contracting
24th May 13, 8:32am
Asian equity markets cop a hiding with Japan's Nikkei index down over 7%; Chinese PMI slumps showing economy contracting
FOMC will begin to taper down QE if economy continues to recover
23rd May 13, 8:24am
FOMC will begin to taper down QE if economy continues to recover
Offshore sentiment towards US bond yields and US dollar main drivers behind NZ$/US$ and A$/US$ movements
22nd May 13, 8:07am
Offshore sentiment towards US bond yields and US dollar main drivers behind NZ$/US$ and A$/US$ movements
Profit taking on US$ positions and yesterdays PSI data helps send NZ$/US$ cross rate back above 0.8100
21st May 13, 8:13am
Profit taking on US$ positions and yesterdays PSI data helps send NZ$/US$ cross rate back above 0.8100
NZ$/US$ below 0.8100 for first time this year as tidal wave of NZ$ selling overwhelms local buyers
20th May 13, 8:32am
NZ$/US$ below 0.8100 for first time this year as tidal wave of NZ$ selling overwhelms local buyers