[Updated]
18th Oct 19, 3:59pm
A review of things you need to know before you go home on Friday; ASB cuts, goMoney used by 1 mln, FMA warns, retirement home risks, marine risks, China's growth holds high, swaps up again, NZD rises, & more
[Updated]
A review of things you need to know before you go home on Friday; ASB cuts, goMoney used by 1 mln, FMA warns, retirement home risks, marine risks, China's growth holds high, swaps up again, NZD rises, & more
18th Oct 19, 7:53am
A fresh UK/EU Brexit deal but will it get through UK Parliament? GBP and UST10s spike up, but then fall back as opposition to deal evident. NZD and AUD outperform, both up 1%
A fresh UK/EU Brexit deal but will it get through UK Parliament? GBP and UST10s spike up, but then fall back as opposition to deal evident. NZD and AUD outperform, both up 1%
18th Oct 19, 7:20am
American housing and factories stumble; Canadian jobs rise; China targets trade deal signing; EU gets its Brexit deal, now up to London signoff; UST 10yr yield at 1.74%; oil unchanged and gold up; NZ$1 = 63.5 USc; TWI-5 = 68.5
American housing and factories stumble; Canadian jobs rise; China targets trade deal signing; EU gets its Brexit deal, now up to London signoff; UST 10yr yield at 1.74%; oil unchanged and gold up; NZ$1 = 63.5 USc; TWI-5 = 68.5
17th Oct 19, 3:59pm
A review of things you need to know before you go home on Thursday; some significant rate cuts, investors tire on low yields, businesses struggle, swaps firm, NZD soft, & more
A review of things you need to know before you go home on Thursday; some significant rate cuts, investors tire on low yields, businesses struggle, swaps firm, NZD soft, & more
17th Oct 19, 2:19pm
NZ Govt Bond Tender #699; weighted average accepted yield was 1.61%; coverage ratio was 2.35x
NZ Govt Bond Tender #699; weighted average accepted yield was 1.61%; coverage ratio was 2.35x
17th Oct 19, 7:52am
Optimism for a Brexit deal continues to build (although no news yet) - GBP hits 5 month high. Little movement in global rates and equities overnight. NZD underperforms after RBNZ's. Bascand says “reasonable prospect” of a lower OCR
Optimism for a Brexit deal continues to build (although no news yet) - GBP hits 5 month high. Little movement in global rates and equities overnight. NZD underperforms after RBNZ's. Bascand says “reasonable prospect” of a lower OCR
17th Oct 19, 7:20am
US retail sales sag, inventories jump; Canada CPI stuck; China commercial property woes; EU CPI dips; US investors shun equities for bonds; UST 10yr yield at 1.75%; oil unchanged and gold up; NZ$1 = 62.9 USc; TWI-5 = 68.1
US retail sales sag, inventories jump; Canada CPI stuck; China commercial property woes; EU CPI dips; US investors shun equities for bonds; UST 10yr yield at 1.75%; oil unchanged and gold up; NZ$1 = 62.9 USc; TWI-5 = 68.1
16th Oct 19, 3:59pm
A review of things you need to know before you go home on Wednesday; no rate changes, CPI rise beats estimates, farm sales up, dairy payout views positive, SMEs paid sooner, swaps up, NZD soft, & more
A review of things you need to know before you go home on Wednesday; no rate changes, CPI rise beats estimates, farm sales up, dairy payout views positive, SMEs paid sooner, swaps up, NZD soft, & more
16th Oct 19, 8:00am
Prospect of a Brexit deal lifts sentiment. GBP surges; NZD/GBP drops under 0.50. Equities, global bond yields higher
Prospect of a Brexit deal lifts sentiment. GBP surges; NZD/GBP drops under 0.50. Equities, global bond yields higher
16th Oct 19, 7:23am
Dairy prices flat; IMF downgrades growth; China reveals tariff conditions; Wall Street up on earnings; Brexit deal possible; China debt jumps; UST 10yr yield at 1.76%; oil unchanged and gold down; NZ$1 = 62.8 USc; TWI-5 = 68.2
Dairy prices flat; IMF downgrades growth; China reveals tariff conditions; Wall Street up on earnings; Brexit deal possible; China debt jumps; UST 10yr yield at 1.76%; oil unchanged and gold down; NZ$1 = 62.8 USc; TWI-5 = 68.2
[Updated]
15th Oct 19, 3:59pm
A review of things you need to know before you go home on Tuesday; no rate reactions yet, house prices at record highs, immigration up +9%, tourist arrivals up strongly, swaps slip, NZD stable, & more
[Updated]
A review of things you need to know before you go home on Tuesday; no rate reactions yet, house prices at record highs, immigration up +9%, tourist arrivals up strongly, swaps slip, NZD stable, & more
15th Oct 19, 7:53am
Market sentiment a bit more cautious to start the week. Trading activity light with some international holidays. Partial reversal of last week's move up with bond yields, NZD, AUD all lower
Market sentiment a bit more cautious to start the week. Trading activity light with some international holidays. Partial reversal of last week's move up with bond yields, NZD, AUD all lower
15th Oct 19, 7:20am
China trade surplus rises; India inflation up; US mortgage rates down; EU industrial production falls; Wall Street opens week flat; UST 10yr yield at 1.73%; oil down and gold up; NZ$1 = 63 USc; TWI-5 = 68.4
China trade surplus rises; India inflation up; US mortgage rates down; EU industrial production falls; Wall Street opens week flat; UST 10yr yield at 1.73%; oil down and gold up; NZ$1 = 63 USc; TWI-5 = 68.4
14th Oct 19, 3:59pm
A review of things you need to know before you go home on Monday; ANZ cuts mortgage rates, Kiwibank trims TD rates, service sector expansion rolls on, eyes on CPI, swaps up again, NZD holds, & more
A review of things you need to know before you go home on Monday; ANZ cuts mortgage rates, Kiwibank trims TD rates, service sector expansion rolls on, eyes on CPI, swaps up again, NZD holds, & more
14th Oct 19, 7:55am
US-China agree ‘mini’ trade deal – China buys farm goods, US suspends October tariffs. Brexit optimism continues as EU and UK “intensify” negotiations over weekend – GBP +1.8%. Equities and bond yields head higher, USD weaker
US-China agree ‘mini’ trade deal – China buys farm goods, US suspends October tariffs. Brexit optimism continues as EU and UK “intensify” negotiations over weekend – GBP +1.8%. Equities and bond yields head higher, USD weaker
14th Oct 19, 7:21am
China wins in mini deal with the US; US sentiment rises; Fed buys more USTs; Canada jobs market improves; China capital flight high; AU pressures banks; UST 10yr yield at 1.73%; oil and gold up; NZ$1 = 63.4 USc; TWI-5 = 68.7
China wins in mini deal with the US; US sentiment rises; Fed buys more USTs; Canada jobs market improves; China capital flight high; AU pressures banks; UST 10yr yield at 1.73%; oil and gold up; NZ$1 = 63.4 USc; TWI-5 = 68.7
12th Oct 19, 8:51am
Wall Street rises; US-China trade talks positive; US consumer sentiment rises; US Fed pumps; Canada jobs jump; China capital flight rises; UST 10yr 1.77%; oil up and gold lower; NZ$1 = 63.4 USc; TWI-5 = 68.6
Wall Street rises; US-China trade talks positive; US consumer sentiment rises; US Fed pumps; Canada jobs jump; China capital flight rises; UST 10yr 1.77%; oil up and gold lower; NZ$1 = 63.4 USc; TWI-5 = 68.6
11th Oct 19, 3:59pm
A review of things you need to know before you go home on Friday; no rate changes, retail sales weak, factory PMIs very weak, prefab reforms, Foran comes home, swaps race higher and steeper, NZD holds, & more
A review of things you need to know before you go home on Friday; no rate changes, retail sales weak, factory PMIs very weak, prefab reforms, Foran comes home, swaps race higher and steeper, NZD holds, & more
11th Oct 19, 7:47am
Hopes for US-China détente and Brexit deal. Support risk appetite; Equities and rates higher. GBP up 1.8%; Mild support for NZD
Hopes for US-China détente and Brexit deal. Support risk appetite; Equities and rates higher. GBP up 1.8%; Mild support for NZD
11th Oct 19, 7:17am
US inflation unchanged; Wall Street up; US-China pursue mini-deal; World Bank sees China growth under 6%; EU tax haven list targets Pacific; UST 10yr yield at 1.65%; oil up and gold down; NZ$1 = 63.3 USc; TWI-5 = 68.7
US inflation unchanged; Wall Street up; US-China pursue mini-deal; World Bank sees China growth under 6%; EU tax haven list targets Pacific; UST 10yr yield at 1.65%; oil up and gold down; NZ$1 = 63.3 USc; TWI-5 = 68.7
