Bonds

23 Oct 18, 3:59pm

No rate changes, Auckland's housing pressures ease, population growth detail, RBNZ eyes watered down disclosure of bank rego breaches, swaps firm, NZD unchanged
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Weaker risk sentiment prevails

23 Oct 18, 8:18am

Jason Wong

Commodity currencies are underperforming and US equities in are negative territory; NZD had run up through 0.66 over the weekend, supported by a more positive vibe around China; UST yields remain tightly range-bound
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90 seconds at 9 am: China sets off some economic fireworks

23 Oct 18, 7:29am

David Chaston

30 comments

China goes all out but is ignored elsewhere; US data weaker; China GDP growth slows, house prices stable, retail sales rise; Italy rating cut; UST 10yr at 3.19%; oil and gold slip; NZ$1 = 65.5 USc; TWI-5 = 69.9
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Holiday briefing: China data takes centre stage

22 Oct 18, 7:02am

David Chaston

20 comments

China stocks jump; US homes sales slip; Canada inflation lower; China grows slower; China retail sales star, home prices stable; Moody's downgrades Italy; UST 10yr at 3.20%; oil up, gold unchanged; NZ$1 = 65.9 USc; TWI-5 = 70.1
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Weekend Briefing: NZ wealth in spotlight

20 Oct 18, 8:42am

David Chaston

43 comments

US homes sales fall; CLO risks jump; Canada inflation falls; Chile raises rates; China growth slows; Italy contagion spreads; NZ wealth ranks high; UST 10yr 3.20%; oil and gold unchanged; NZ$1 = 65.9 USc; TWI-5 = 70
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What happened Friday

19 Oct 18, 3:59pm

David Chaston

19 comments

A review of things you need to know before you go home on Friday; key rate changes, lower migration, another KiwiBuild ballot, more health spending, lower visitor growth, RCEP meeting here, swaps fall & flatten, NZD firmer
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Risk-off mood prevails

19 Oct 18, 7:59am

Jason Wong

JPY is outperforming while the NZD continues to remain uncorrelated with risk appetite; US and German 10-year rates are lower; outlook for China remains a concern
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90 seconds at 9 am: US and China face enormous economic threats

19 Oct 18, 7:36am

David Chaston

40 comments

US debt issuance leaps; Canada new jobs grow; Shanghai markets tumble; Japan has trade surplus; China tax growth stalls; Aussie inflation looms, house prices to sink; UST 10yr at 3.17%; oil drops, gold holds; NZ$1 = 65.4 USc; TWI-5 = 69.7
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What happened Thursday

18 Oct 18, 3:59pm

David Chaston

30 comments

A review of things you need to know before you go home on Thursday; new mortgage offer, more beneficiaries, NZGB tender popular, GST for offshore online purchases, swap rates flat, NZD soft
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NZ Govt Bond tender number 655 results

18 Oct 18, 2:11pm

Suraj Varma

NZ Govt Bond Tender #655; weighted average accepted yield was 3.00%; coverage ratio was 3.51x
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NZD weaker; UST yields flat

18 Oct 18, 8:01am

Jason Wong

Against a backdrop of a stronger USD the NZD is slightly weaker this morning; European rates lower; US Treasuries are fairly flat; EUR is down 0.5% to 1.1510, not helped by Italy’s budget woes remaining a focus
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90 seconds at 9 am: Rigid positions bring instability

18 Oct 18, 7:49am

David Chaston

41 comments

US Fed confirms more rate rises; US building permits soft, hiring strong; competitiveness rankings; key derivatives dispute; China new loan growth weak; UST 10yr at 3.17%; oil dives, gold soft; NZ$1 = 65.7 USc; TWI-5 = 69.8
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What happened Wednesday

17 Oct 18, 3:59pm

David Chaston

18 comments

A review of things you need to know before you go home on Wednesday; productivity to cost jobs, Manukau median multiples rise, cheaper Wellington petrol, swaps unchanged, NZD firmer
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NZD up, bond rates little changed

17 Oct 18, 7:37am

Jason Wong

NZD has sustained the gains made after stronger-than-expected CPI data yesterday; a lack of pulse is evident in bond markets, with UST yields little changed; EUR is flat while GBP has tracked higher
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90 seconds at 9 am: China's debt bomb fuse lit

17 Oct 18, 7:37am

David Chaston

26 comments

Dairy prices unchanged; US job openings up; Wall Street up; China local authority debt risk high; EU trade surplus up; German sentiment down; UST 10yr at 3.16%; oil and gold firmer; NZ$1 = 65.9 USc; TWI-5 = 69.9
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What happened Tuesday

16 Oct 18, 3:59pm

David Chaston

23 comments

A review of things you need to know before you go home on Tuesday; a few rate reductions, inflation rises, low lakes cause high power costs, Chapman gets another gig, swaps rise, NZD up
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NZD up, local rates lower

16 Oct 18, 8:00am

Jason Wong

UST yields are trading a very tight range, while the USD has weakened across the board and the NZD has been the strongest of the majors, currently up 0.6% to around 0.6550, local rates market saw modest falls in rates across the curve
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90 seconds at 9 am: Pressure on China from markets

16 Oct 18, 7:28am

David Chaston

15 comments

China equities still dropping; other Asian markets down; US retails sales growth stalls; Canadians optimistic, but housing slips; EU-UK talks on knife-edge; UST 10yr at 3.16%; oil unchanged, gold firmer; NZ$1 = 65.5 USc; TWI-5 = 69.4
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What happened Monday

15 Oct 18, 3:59pm

David Chaston

19 comments

A review of things you need to know before you go home on Monday; some minor rate changes, PSI holds lower, Fletchers pulls back on S&T, Fitch sees bigger deficit, phishing risk, swaps fall, NZD holds
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Currencies and rates little changed

15 Oct 18, 7:57am

Jason Wong

Currency markets were tightly range-bound on Friday, with only some weakness in GBP of note; US 10-year Treasuries followed the ups and downs of S&P futures during the day, seeing the yield down at 3.13% at the low and closing at 3.16%
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