23rd May 19, 8:17am
US delays tariffs on China; US monetary policy on hold; Chinese food security threat; Japanese exports down; German growth improves; Aussie construction takes a hit; Dairy off; UST 10yr 2.43%; oil unchanged and gold lower; NZ$1 = 65 USc; TWI-5 = 70.1
US delays tariffs on China; US monetary policy on hold; Chinese food security threat; Japanese exports down; German growth improves; Aussie construction takes a hit; Dairy off; UST 10yr 2.43%; oil unchanged and gold lower; NZ$1 = 65 USc; TWI-5 = 70.1
23rd May 19, 8:14am
Equities and global rates have moved lower overnight after reports the US would extend restrictions to more Chinese technology firms; Fed reiterated its pledge to be patient; NZD has continued to grind lower amid building OCR rate cut expectations
Equities and global rates have moved lower overnight after reports the US would extend restrictions to more Chinese technology firms; Fed reiterated its pledge to be patient; NZD has continued to grind lower amid building OCR rate cut expectations
22nd May 19, 3:59pm
A review of things you need to know before you go home on Wednesday; various rate cuts, dairy prices under review, farm sales mixed, retail sector softens, swaps unchanged, NZD soft, & more
A review of things you need to know before you go home on Wednesday; various rate cuts, dairy prices under review, farm sales mixed, retail sector softens, swaps unchanged, NZD soft, & more
22nd May 19, 8:09am
Equity markets have rebounded over the past 24 hours; Brexit continues to linger as a risk for markets; NZD made a fresh year-to-date low; bond yields have continued to edge higher
Equity markets have rebounded over the past 24 hours; Brexit continues to linger as a risk for markets; NZD made a fresh year-to-date low; bond yields have continued to edge higher
22nd May 19, 7:41am
Dairy prices slip; US house sales lower; US softens Huawei restrictions; EU consumers less gloomy; RBA signals rate cut; APRA backs off; UST 10yr 2.43%; oil unchanged and gold lower; NZ$1 = 65 USc; TWI-5 = 70.1
Dairy prices slip; US house sales lower; US softens Huawei restrictions; EU consumers less gloomy; RBA signals rate cut; APRA backs off; UST 10yr 2.43%; oil unchanged and gold lower; NZ$1 = 65 USc; TWI-5 = 70.1
21st May 19, 3:59pm
A review of things you need to know before you go home on Tuesday; no rate changes, eyes on dairy prices, credit card growth weak, RBA causes waves, swaps firm, NZD soft, & more
A review of things you need to know before you go home on Tuesday; no rate changes, eyes on dairy prices, credit card growth weak, RBA causes waves, swaps firm, NZD soft, & more
21st May 19, 8:14am
Equity markets have remained under pressure overnight; moves in other markets have generally been contained, although the AUD benefited from the Liberal-National coalition’s unexpected election victory over the weekend
Equity markets have remained under pressure overnight; moves in other markets have generally been contained, although the AUD benefited from the Liberal-National coalition’s unexpected election victory over the weekend
21st May 19, 7:46am
US economy data weakens; Ford imposes huge layoffs; Japan's growth rises; China's mortgage rates up; equities sag; Aussie power prices up; UST 10yr 2.41%; oil and gold unchanged; NZ$1 = 65.4 USc; TWI-5 = 70.4
US economy data weakens; Ford imposes huge layoffs; Japan's growth rises; China's mortgage rates up; equities sag; Aussie power prices up; UST 10yr 2.41%; oil and gold unchanged; NZ$1 = 65.4 USc; TWI-5 = 70.4
20th May 19, 3:59pm
A review of things you need to know before you go home on Monday; more rate cuts, service sector struggling, bank satisfaction falls, swaps & NZD holding, & more
A review of things you need to know before you go home on Monday; more rate cuts, service sector struggling, bank satisfaction falls, swaps & NZD holding, & more
20th May 19, 1:10pm
Kiwibank economists say following re-election of the Coalition the RBA is free to cut interest rates across the Tasman and this will increase pressure on the Reserve Bank to cut the Official Cash Rate again here
Kiwibank economists say following re-election of the Coalition the RBA is free to cut interest rates across the Tasman and this will increase pressure on the Reserve Bank to cut the Official Cash Rate again here
20th May 19, 8:15am
Equity markets ended last week on a soft note; AUD opened higher this morning; there may be some positive knock-on effect to the NZD; USD was stronger across-the-board on Friday
Equity markets ended last week on a soft note; AUD opened higher this morning; there may be some positive knock-on effect to the NZD; USD was stronger across-the-board on Friday
20th May 19, 7:19am
Australian election surprise; India votes; US tariff back-track with allies; China digs in; China house prices rise; UST 10yr 2.39%; oil and gold down; NZ$1 = 65.5 USc; TWI-5 = 70.3
Australian election surprise; India votes; US tariff back-track with allies; China digs in; China house prices rise; UST 10yr 2.39%; oil and gold down; NZ$1 = 65.5 USc; TWI-5 = 70.3
18th May 19, 8:36am
US trade moves confusing, pushes up US dollar; China reacts, says lower growth acceptable; EU doesn't follow US; Australia votes; UST 10yr 2.39%; oil unchanged and gold down; NZ$1 = 65.2 USc; TWI-5 = 70.3
US trade moves confusing, pushes up US dollar; China reacts, says lower growth acceptable; EU doesn't follow US; Australia votes; UST 10yr 2.39%; oil unchanged and gold down; NZ$1 = 65.2 USc; TWI-5 = 70.3
17th May 19, 3:59pm
A review of things you need to know before you go home on Friday; Heartland trims rates, ANZ revoked, PMI waivers, PPI costs up more than prices, house price inflation lower; swaps firm, NZD stable, & more
A review of things you need to know before you go home on Friday; Heartland trims rates, ANZ revoked, PMI waivers, PPI costs up more than prices, house price inflation lower; swaps firm, NZD stable, & more
17th May 19, 8:05am
Risk sentiment has continued to improve overnight, with equities making further gains and Treasury yields moving higher; USD has strengthened; NZD and AUD have continued to drift to new lows
Risk sentiment has continued to improve overnight, with equities making further gains and Treasury yields moving higher; USD has strengthened; NZD and AUD have continued to drift to new lows
17th May 19, 7:57am
Markets in risk-off mood; Fed faces inflation challenges; US data tame; Canada data firm; China gets business loan price war; Australia prepares to vote; UST 10yr 2.40%; oil up and gold down; NZ$1 = 65.4 USc; TWI-5 = 70.4
Markets in risk-off mood; Fed faces inflation challenges; US data tame; Canada data firm; China gets business loan price war; Australia prepares to vote; UST 10yr 2.40%; oil up and gold down; NZ$1 = 65.4 USc; TWI-5 = 70.4
16th May 19, 3:59pm
A review of things you need to know before you go home on Thursday; no rate changes, end of an era, cheap money, Xero turns a corner, methane fight, swaps at all-time low, NZD stable, & more
A review of things you need to know before you go home on Thursday; no rate changes, end of an era, cheap money, Xero turns a corner, methane fight, swaps at all-time low, NZD stable, & more
16th May 19, 2:46pm
NZ Govt Bond Tender #680; weighted average accepted yield was 2.09%; coverage ratio was 2.23x
NZ Govt Bond Tender #680; weighted average accepted yield was 2.09%; coverage ratio was 2.23x
16th May 19, 7:49am
Equity markets have moved higher overnight after reports that Trump would delay a decision on auto tariffs by up to six months; in contrast, weaker Chinese and US economic data pulled bond yields lower; NZD has continued to grind lower overnight
Equity markets have moved higher overnight after reports that Trump would delay a decision on auto tariffs by up to six months; in contrast, weaker Chinese and US economic data pulled bond yields lower; NZD has continued to grind lower overnight
16th May 19, 7:44am
US and China economies suffer momentum backtracks; Canada data solid, EU growth inches up; equities up on car tariff delay; broad tax cut bonus near in Australia; UST 10yr 2.38%; oil up and gold unchanged; NZ$1 = 65.6 USc; TWI-5 = 70.5
US and China economies suffer momentum backtracks; Canada data solid, EU growth inches up; equities up on car tariff delay; broad tax cut bonus near in Australia; UST 10yr 2.38%; oil up and gold unchanged; NZ$1 = 65.6 USc; TWI-5 = 70.5
