Credit Ratings

16 Jan 19, 4:49pm
Fitch sees Auckland continuing to record lower house price growth than other NZ regions this year with price falls likely
19 Dec 18, 9:56am
RBNZ bank capital proposals go well beyond the international norm, are highly conservative & positive for banks' credit profiles, Fitch says
5 Dec 18, 9:35am
First Credit Union's First Insurance to offer insurance via other NZ credit unions after Co-op Money sells its insurance operations
30 Nov 18, 9:50am
Fitch Ratings says a sharp housing market correction remains a possibility but slowing house price growth has dampened the risks of that occurring
23 Nov 18, 5:08pm
Co-op Money, the credit union industry association, has its credit rating downgraded as Fitch frets about tight liquidity, weakening capitalisation & its lack of profitability
21 Nov 18, 7:43am
US dollar has pushed higher across the board, arresting its slide over the past week; plunge in oil prices continues; NZD opens this morning close to its overnight lows around 0.6810; US interest rates traded a narrow range
15 Nov 18, 7:54am
Equity markets oscillated around flat before pressing lower, likewise US yields; oil prices have recovered a small amount of recent heavy losses; NZD is at the top of the G10 leader board
4 Oct 18, 3:49pm
Ratings agency Moody's says the financial performance of our banks will continue to compare favourably with peers in other countries over the next 12-18 months despite slower credit growth and rising wholesale funding costs
14 Sep 18, 7:48am
US equities rose and US Treasury yields fell modestly; NZD is not much higher than this time yesterday; USD weakened after the CPI data; Turkish central bank raised its one week repo rate by a whopping 625bps, which has helped support EM currencies
13 Sep 18, 7:54am
The USD and US rates drift lower. US wants more trade talks with China. Fed sees 'restrictive' rates needed. Oil prices reach four year highs. Eyes on US CPI
12 Sep 18, 12:15pm
Credit rating agency has stable outlook for regional New Zealand banks despite pressures
5 Sep 18, 8:12am
USD rises push the NZD and AUD to multi-year lows. Italy recommits to its EU membership. Eyes now on AU GDP, Canada rate review and NAFTA progress
4 Sep 18, 7:58am
NZD is hovering around the 0.66 mark while GBP is the weakest of the majors; Sweden’s krona takes top honours, up 0.8%; AUD has outperformed; NZ rates market showed further downward pressure
3 Sep 18, 8:08am
Safe-haven currencies and the USD outperform, while the AUD hit a fresh low; US equities and the 10-year Treasury rate were little changed; NZD was also on the soft side, NZD/AUD broke up through 0.92 for the first time since the beginning of August
31 Aug 18, 7:51am
NZD is the weakest of the majors, with AUD and CAD underperforming as well; ANZ business outlook survey showed confidence lurching down to a fresh low; global yields are lower
30 Aug 18, 7:33am
GBP strengthened after EU chief negotiator Michel Barnier said the EU was prepared to offer a special deal to the UK; AUD is the weakest currency; NZD fell in response to the move lower in the AUD
29 Aug 18, 7:48am
USD was mixed, but the NZD has moved up towards resistance around 0.6725; EUR initially moved up towards resistance near 1.1750, but it has since retraced back towards 1.1700; US Treasury yields moved higher
28 Aug 18, 7:59am
The US dollar continued where it left off on Friday, weakening across the board overnight, while US Treasury yields were modestly higher; the NZD is up only slightly from Friday’s close
27 Aug 18, 8:12am
Both the DXY and broader Bloomberg DXY 0.5% lower, in part due to the Powell speech; CNY strength and USD weakness combined to help boost the NZD; AUD was the best performing currency
24 Aug 18, 8:07am
USD is broadly stronger, recovering some of its losses seen earlier this week; NZD slipped around 30pips to 0.6670; AUD is the weakest of the majors, with political risk overhanging the currency; UST yields are little changed


22 Aug 18, 7:57am
21 Aug 18, 7:59am
17 Aug 18, 7:54am
16 Aug 18, 8:19am
15 Aug 18, 7:51am
14 Aug 18, 7:42am
13 Aug 18, 7:56am
27 Jul 18, 8:08am
26 Jul 18, 7:48am
20 Jul 18, 8:09am
19 Jul 18, 8:06am
17 Jul 18, 8:04am
13 Jul 18, 8:05am
12 Jul 18, 8:10am
5 Jul 18, 8:00am
3 Jul 18, 8:18am
2 Jul 18, 7:54am