Bonds
A review of things you need to know before you sign off on Friday; more NBDT TD rate cuts, real estate agent commissions revealed, credit card billing bump, swaps with firm tone, NZD end the week rising, & more
18th Jul 25, 3:59pm
11
A review of things you need to know before you sign off on Friday; more NBDT TD rate cuts, real estate agent commissions revealed, credit card billing bump, swaps with firm tone, NZD end the week rising, & more
Stronger than expected US economic data, including retail sales, support US equities and the USD. Little net impact on the bond market
18th Jul 25, 7:52am
Stronger than expected US economic data, including retail sales, support US equities and the USD. Little net impact on the bond market
A review of things you need to know before you sign off on Thursday; monthly data points to an elevated Q2 CPI, housing market in winter doldrums, high demand for NZGBs, NZX50 shines, swaps stable, NZD soft, & more
17th Jul 25, 3:59pm
16
A review of things you need to know before you sign off on Thursday; monthly data points to an elevated Q2 CPI, housing market in winter doldrums, high demand for NZGBs, NZX50 shines, swaps stable, NZD soft, & more
US PPI data undershoots, supporting Treasury market but notable steepening in yield curve. Markets volatile after report Trump discussed firing Fed Chair Powell, but then he walked it back
17th Jul 25, 7:49am
US PPI data undershoots, supporting Treasury market but notable steepening in yield curve. Markets volatile after report Trump discussed firing Fed Chair Powell, but then he walked it back
A review of things you need to know before you sign off on Wednesday; no retail rate changes, construction's spare capacity problem, dairy prices rise, EA tackles power prices, swaps stable, NZD softish, & more
16th Jul 25, 3:59pm
3
A review of things you need to know before you sign off on Wednesday; no retail rate changes, construction's spare capacity problem, dairy prices rise, EA tackles power prices, swaps stable, NZD softish, & more
US CPI data showing the expected signs of increased tariffs feeding into higher inflation. Market pares scope for Fed easing this year; US Treasury rates higher across the curve
16th Jul 25, 7:46am
US CPI data showing the expected signs of increased tariffs feeding into higher inflation. Market pares scope for Fed easing this year; US Treasury rates higher across the curve
A review of things you need to know before you sign off on Tuesday; house prices stall, ageing population weighs on interest rates, eyes on dairy prices, eyes on surcharging, swaps stable, NZD softish, & more
15th Jul 25, 3:59pm
4
A review of things you need to know before you sign off on Tuesday; house prices stall, ageing population weighs on interest rates, eyes on dairy prices, eyes on surcharging, swaps stable, NZD softish, & more
Muted market reaction to Trump’s weekend threat to raise tariffs on the EU and Mexico to 30%. US equities up modestly; US Treasury yields barely higher; USD broadly stronger
15th Jul 25, 7:48am
Muted market reaction to Trump’s weekend threat to raise tariffs on the EU and Mexico to 30%. US equities up modestly; US Treasury yields barely higher; USD broadly stronger
A review of things you need to know before you sign off on Monday; no retail rate changes; rents slip, retail remains sluggish, grocery prices up 2.1%, service sector drags, swaps stable, NZD stays soft, & more
14th Jul 25, 3:59pm
10
A review of things you need to know before you sign off on Monday; no retail rate changes; rents slip, retail remains sluggish, grocery prices up 2.1%, service sector drags, swaps stable, NZD stays soft, & more
Trump issues more tariff threats, raising Canada to 35% and suggesting a 15 or 20% tariff rate to apply to remaining countries. Risk sentiment to remain dampened by Trump's weekend threat to lift EU and Mexico tariffs to 30%
14th Jul 25, 7:39am
Trump issues more tariff threats, raising Canada to 35% and suggesting a 15 or 20% tariff rate to apply to remaining countries. Risk sentiment to remain dampened by Trump's weekend threat to lift EU and Mexico tariffs to 30%
A review of things you need to know before you sign off on Friday; factory sector still contracting, RBNZ data update values the housing decline, T&G Global in play, tariff threats get even messier, swaps stable, NZD firmish, & more
11th Jul 25, 3:59pm
10
A review of things you need to know before you sign off on Friday; factory sector still contracting, RBNZ data update values the housing decline, T&G Global in play, tariff threats get even messier, swaps stable, NZD firmish, & more
Global equity markets probing fresh record highs. US Treasury yields slightly higher. High risk sentiment supports commodity currencies
11th Jul 25, 7:43am
Global equity markets probing fresh record highs. US Treasury yields slightly higher. High risk sentiment supports commodity currencies
A review of things you need to know before you sign off on Thursday: SBS Bank trims rates, truckometer stays weak, migration flows slump; Lactalis gets ok to bid for Fonterra's Mainland assets, swaps slip, NZD firms, & more
10th Jul 25, 3:59pm
5
A review of things you need to know before you sign off on Thursday: SBS Bank trims rates, truckometer stays weak, migration flows slump; Lactalis gets ok to bid for Fonterra's Mainland assets, swaps slip, NZD firms, & more
More tariff letters but for US trading partners well down the pecking order; more to come. Optimism around a US-EU trade deal in coming days. Global equities higher. US Treasuries well supported
10th Jul 25, 7:46am
1
More tariff letters but for US trading partners well down the pecking order; more to come. Optimism around a US-EU trade deal in coming days. Global equities higher. US Treasuries well supported
A review of things you need to know before you sign off on Wednesday; no retail rate changes as RBNZ releases a dovish review, new borrowers hang out there with floating rates, rents lower, swaps stable, NZD lower, NZX lower, & more
9th Jul 25, 4:00pm
9
A review of things you need to know before you sign off on Wednesday; no retail rate changes as RBNZ releases a dovish review, new borrowers hang out there with floating rates, rents lower, swaps stable, NZD lower, NZX lower, & more