26th Sep 20, 9:37am
Stephen Roach says that negative net domestic saving in the US and a soaring current-account deficit will weaken the greenback fast
Stephen Roach says that negative net domestic saving in the US and a soaring current-account deficit will weaken the greenback fast
26th Sep 20, 8:35am
US durable goods orders weak; Canada's deficit soars; Singapore's factory production jumps; Australia's banks get big win; UST 10y at 0.66%; oil and gold stable; NZ$1 = 65.5 USc; TWI-5 = 69.3
US durable goods orders weak; Canada's deficit soars; Singapore's factory production jumps; Australia's banks get big win; UST 10y at 0.66%; oil and gold stable; NZ$1 = 65.5 USc; TWI-5 = 69.3
25th Sep 20, 3:59pm
A review of things you need to know before you go home on Friday; no retail changes today, employment confidence stays low, Oceania seeks $125 mln, AirNZ covers cash burn, bond yields stable, NZD firms, & more
A review of things you need to know before you go home on Friday; no retail changes today, employment confidence stays low, Oceania seeks $125 mln, AirNZ covers cash burn, bond yields stable, NZD firms, & more
25th Sep 20, 7:45am
Mixed overnight trading session reflecting the mix of drivers. NZD and AUD recover after printing fresh lows. NZ long rates continue to rally
Mixed overnight trading session reflecting the mix of drivers. NZD and AUD recover after printing fresh lows. NZ long rates continue to rally
25th Sep 20, 7:21am
US suffers from economic corrosion of pandemic, chooses to invest in houses; Canada house prices to fall; AUSTRAC just getting started; UST 10y at 0.67%; oil stable and gold firm; NZ$1 = 65.6 USc; TWI-5 = 69.2
US suffers from economic corrosion of pandemic, chooses to invest in houses; Canada house prices to fall; AUSTRAC just getting started; UST 10y at 0.67%; oil stable and gold firm; NZ$1 = 65.6 USc; TWI-5 = 69.2
[Updated]
24th Sep 20, 3:59pm
A review of things you need to know before you go home on Thursday; even more retail rate cuts, home loan affordability improves, mortgage borrowing high, record low bond rates, NZD soft, & much, much more
[Updated]
A review of things you need to know before you go home on Thursday; even more retail rate cuts, home loan affordability improves, mortgage borrowing high, record low bond rates, NZD soft, & much, much more
24th Sep 20, 7:47am
Equities under downward pressure again. NZD and AUD fall by more than 1% for the day. RBNZ MPR in line, so that wasn't a factor. Market lining up for further RBA easing
Equities under downward pressure again. NZD and AUD fall by more than 1% for the day. RBNZ MPR in line, so that wasn't a factor. Market lining up for further RBA easing
24th Sep 20, 7:20am
Labour income dives -11%; US Fed calls for fiscal help; global PMIs hold; Japan, China to relax entry rules; huge Chinese grain imports; new Aussie bankruptcy rules; UST 10y at 0.68%; oil stable and gold dives; NZ$1 = 65.4 USc; TWI-5 = 69.1
Labour income dives -11%; US Fed calls for fiscal help; global PMIs hold; Japan, China to relax entry rules; huge Chinese grain imports; new Aussie bankruptcy rules; UST 10y at 0.68%; oil stable and gold dives; NZ$1 = 65.4 USc; TWI-5 = 69.1
[Updated]
23rd Sep 20, 3:59pm
A review of things you need to know before you go home on Wednesday; minor retail rate cuts, RBNZ to roll out bigger gun, population approaches 5.1 mln, BI back in play for COVID, bond yields fall, NZD soft, & more
[Updated]
A review of things you need to know before you go home on Wednesday; minor retail rate cuts, RBNZ to roll out bigger gun, population approaches 5.1 mln, BI back in play for COVID, bond yields fall, NZD soft, & more
23rd Sep 20, 8:00am
Equities bounce back overnight. USD strengthens to a 6-week high. RBA's Debelle says more easing possible, AUD underperforms. RBNZ Monetary Policy Review today - should be uneventful
Equities bounce back overnight. USD strengthens to a 6-week high. RBA's Debelle says more easing possible, AUD underperforms. RBNZ Monetary Policy Review today - should be uneventful
23rd Sep 20, 7:20am
US retail sales slip again; US houses sell well; China captures all its private companies; EU consumer sentiment stays weak; RBA eyes bigger warchest; UST 10y at 0.67%; oil stable and gold down; NZ$1 = 66.4 USc; TWI-5 = 69.7
US retail sales slip again; US houses sell well; China captures all its private companies; EU consumer sentiment stays weak; RBA eyes bigger warchest; UST 10y at 0.67%; oil stable and gold down; NZ$1 = 66.4 USc; TWI-5 = 69.7
22nd Sep 20, 3:59pm
A review of things you need to know before you go home on Tuesday; mortgage-cash back is back, FMA warns on derivatives, RBA readies more ammo, NZGB yields lower, NZD lower, & more
A review of things you need to know before you go home on Tuesday; mortgage-cash back is back, FMA warns on derivatives, RBA readies more ammo, NZGB yields lower, NZD lower, & more
22nd Sep 20, 7:27am
Risk sentiment sours, with a number of investor concerns raised. Chunky falls in equity markets, global rates fall. USD outperforms, NZD the worst down 1.4%
Risk sentiment sours, with a number of investor concerns raised. Chunky falls in equity markets, global rates fall. USD outperforms, NZD the worst down 1.4%
[Updated]
22nd Sep 20, 7:21am
Global equity markets retreat; US CBO paints dire picture; pandemic resurgence undermines easy policies; China recovering well; UST 10y at 0.67%; oil and gold down; NZ$1 = 66.7 USc; TWI-5 = 69.9
[Updated]
Global equity markets retreat; US CBO paints dire picture; pandemic resurgence undermines easy policies; China recovering well; UST 10y at 0.67%; oil and gold down; NZ$1 = 66.7 USc; TWI-5 = 69.9
21st Sep 20, 3:59pm
A review of things you need to know before you go home on Monday; more TD rate cuts, a huge productivity snafu, credit card use down but not out, bond rates soft, NZD stable, & more
A review of things you need to know before you go home on Monday; more TD rate cuts, a huge productivity snafu, credit card use down but not out, bond rates soft, NZD stable, & more
21st Sep 20, 3:35pm
Reserve Bank figures show credit card billings dropped a seasonally-adjusted 5.8% in August as Auckland went into level 3 lockdown and the rest of the country level 2
Reserve Bank figures show credit card billings dropped a seasonally-adjusted 5.8% in August as Auckland went into level 3 lockdown and the rest of the country level 2
21st Sep 20, 8:43am
Roger J Kerr says the anticipated fall in the value of the New Zealand dollar is not materialising to date
Roger J Kerr says the anticipated fall in the value of the New Zealand dollar is not materialising to date
21st Sep 20, 7:38am
S&P500, NASDAQ fall again, on little news. Not much movement in bonds and currencies. NZD outperforms slightly on positive comments from FM Robertson. RBNZ MPS on Wednesday - no major changes expected
S&P500, NASDAQ fall again, on little news. Not much movement in bonds and currencies. NZD outperforms slightly on positive comments from FM Robertson. RBNZ MPS on Wednesday - no major changes expected
21st Sep 20, 7:21am
China sees Golden Week boom coming; but mortgage and grain pressures building; US sentiment less negative; US farm subsidies rise; UST 10y at 0.70%; oil stable and gold down; NZ$1 = 67.7 USc; TWI-5 = 70.5
China sees Golden Week boom coming; but mortgage and grain pressures building; US sentiment less negative; US farm subsidies rise; UST 10y at 0.70%; oil stable and gold down; NZ$1 = 67.7 USc; TWI-5 = 70.5
19th Sep 20, 8:31am
US sentiment stays low; new higher US ag subsidies; China home foreclosures jump; Japan adds jobs to BoJ mandate; Aussie wharf tussle gets serious; UST 10y at 0.70%; oil stable and gold up; NZ$1 = 67.7 USc; TWI-5 = 70.6
US sentiment stays low; new higher US ag subsidies; China home foreclosures jump; Japan adds jobs to BoJ mandate; Aussie wharf tussle gets serious; UST 10y at 0.70%; oil stable and gold up; NZ$1 = 67.7 USc; TWI-5 = 70.6
