Currencies
Equity markets in a summer swoon as fear washes over investors; despite that global services sectors optimistic; eyes on RBA; markets reprice for steep RBNZ cutting cycle; UST 10yr 3.77%; gold and oil down; NZ$1 = 59.3 USc; TWI-5 = 68
6th Aug 24, 7:19am
125
Equity markets in a summer swoon as fear washes over investors; despite that global services sectors optimistic; eyes on RBA; markets reprice for steep RBNZ cutting cycle; UST 10yr 3.77%; gold and oil down; NZ$1 = 59.3 USc; TWI-5 = 68
A review of things you need to know before you sign off on Monday; only minor retail rate changes, Barfoot volumes up while prices drop, cold snap jerks power prices up, some equity markets roiled, swaps down, NZD holds, & more
5th Aug 24, 3:59pm
161
A review of things you need to know before you sign off on Monday; only minor retail rate changes, Barfoot volumes up while prices drop, cold snap jerks power prices up, some equity markets roiled, swaps down, NZD holds, & more
China coopts its banks to deliver a kick-start, boosts urbanisation target; US labour market eases back; financial markets reassess optimism; UST 10yr 3.79%; gold up and oil down; NZ$1 = 59.6 USc; TWI-5 = 68.4
5th Aug 24, 7:19am
48
China coopts its banks to deliver a kick-start, boosts urbanisation target; US labour market eases back; financial markets reassess optimism; UST 10yr 3.79%; gold up and oil down; NZ$1 = 59.6 USc; TWI-5 = 68.4
US jobs expansion disappoints; China says to will pivot to support common prosperity; Indian bankruptcy roils cricket; UST 10yr 3.79%; Wall Street down; gold up and oil down; NZ$1 = 59.6 USc; TWI-5 = 68.4
3rd Aug 24, 8:27am
119
US jobs expansion disappoints; China says to will pivot to support common prosperity; Indian bankruptcy roils cricket; UST 10yr 3.79%; Wall Street down; gold up and oil down; NZ$1 = 59.6 USc; TWI-5 = 68.4
[updated]
A review of things you need to know before you sign off on Friday; no retail rate changes, car sales not as weak as expected, Du Val receivership, house sellers capitulate, eyes on electricity market issues, swaps lower, NZD stable, & more
2nd Aug 24, 3:59pm
108
A review of things you need to know before you sign off on Friday; no retail rate changes, car sales not as weak as expected, Du Val receivership, house sellers capitulate, eyes on electricity market issues, swaps lower, NZD stable, & more
US PMIs fall ahead of non-farm payrolls report taking bond & equity markets lower; global PMIs mixed; China housing still in crisis; Aussie trade surplus rises; UST 10yr 3.98%; gold up and oil lower; NZ$1 = 59.5 USc; TWI-5 = 68.7
2nd Aug 24, 7:19am
26
US PMIs fall ahead of non-farm payrolls report taking bond & equity markets lower; global PMIs mixed; China housing still in crisis; Aussie trade surplus rises; UST 10yr 3.98%; gold up and oil lower; NZ$1 = 59.5 USc; TWI-5 = 68.7
A review of things you need to know before you sign off on Thursday; inventory of houses for sale swells, CoreLogic sees price drops, bad mortgage debt levels off, NZGBs very popular, swaps stable, NZD firm, & more
1st Aug 24, 3:59pm
88
A review of things you need to know before you sign off on Thursday; inventory of houses for sale swells, CoreLogic sees price drops, bad mortgage debt levels off, NZGBs very popular, swaps stable, NZD firm, & more
US Fed delivers a clear 'cut' signal; US data supports that; Japan raises its policy rate; Taiwan expands fast; EU inflation edges up; ditto Australia; UST 10yr 4.10%; gold up and oil jumps; NZ$1 = 59.4 USc; TWI-5 = 68.5
1st Aug 24, 7:19am
98
US Fed delivers a clear 'cut' signal; US data supports that; Japan raises its policy rate; Taiwan expands fast; EU inflation edges up; ditto Australia; UST 10yr 4.10%; gold up and oil jumps; NZ$1 = 59.4 USc; TWI-5 = 68.5
[updated]
A review of things you need to know before you sign off on Wednesday; more rate cuts, steep drop in building permits, surprise rise in business sentiment, loan demand uninspiring, households shift to TDs, swaps slip, NZD firms, & more
31st Jul 24, 3:59pm
67
A review of things you need to know before you sign off on Wednesday; more rate cuts, steep drop in building permits, surprise rise in business sentiment, loan demand uninspiring, households shift to TDs, swaps slip, NZD firms, & more
US data positive; eyes on BofJ; China FDI terrible; steel rebar dives; EU GDP growth up; eyes on Aussie CPI; UST 10yr 4.14%; gold up and oil down; NZ$1 = 59 USc; TWI-5 = 68.1
31st Jul 24, 7:19am
59
US data positive; eyes on BofJ; China FDI terrible; steel rebar dives; EU GDP growth up; eyes on Aussie CPI; UST 10yr 4.14%; gold up and oil down; NZ$1 = 59 USc; TWI-5 = 68.1
[updated]
A review of things you need to know before you sign off on Tuesday; FMA & ComCom issue warnings rather than penalties, Air NZ dumps 2030 carbon target, new carbon price chart, markets await Aussie CPI data, swaps soft, NZD holds, & more
30th Jul 24, 3:59pm
67
A review of things you need to know before you sign off on Tuesday; FMA & ComCom issue warnings rather than penalties, Air NZ dumps 2030 carbon target, new carbon price chart, markets await Aussie CPI data, swaps soft, NZD holds, & more
Markets nervous ahead of the Fed; US commercial foreclosures rise; Taiwan feels confident; China displays angst over economy prospects; UST 10yr 4.17%; gold and oil dip; NZ$1 = 58.8 USc; TWI-5 = 67.8
30th Jul 24, 7:19am
92
Markets nervous ahead of the Fed; US commercial foreclosures rise; Taiwan feels confident; China displays angst over economy prospects; UST 10yr 4.17%; gold and oil dip; NZ$1 = 58.8 USc; TWI-5 = 67.8
A review of things you need to know before you sign off on Monday; filled jobs slip lower, farmers unhappy, schedules rise, FBU takes another hit, Comvita disappoints, swaps hold, NZD holds, & more
29th Jul 24, 4:00pm
36
A review of things you need to know before you sign off on Monday; filled jobs slip lower, farmers unhappy, schedules rise, FBU takes another hit, Comvita disappoints, swaps hold, NZD holds, & more
Eyes on upcoming US Fed meeting; China struggles on; US PCE inflation eases; EU inflation expectations unchanged; UST 10yr 4.20%; gold firms and oil eases; NZ$1 = 58.9 USc; TWI-5 = 67.9
29th Jul 24, 7:19am
68
Eyes on upcoming US Fed meeting; China struggles on; US PCE inflation eases; EU inflation expectations unchanged; UST 10yr 4.20%; gold firms and oil eases; NZ$1 = 58.9 USc; TWI-5 = 67.9
US PCE inflation eases as expected; China steel prices drop hard; China faces early & heavy season flooding; Russia hikes rate; India equities hit record high; UST 10yr 4.20%; gold firms and oil drops; NZ$1 = 58.9 USc; TWI-5 = 67.9
27th Jul 24, 8:11am
54
US PCE inflation eases as expected; China steel prices drop hard; China faces early & heavy season flooding; Russia hikes rate; India equities hit record high; UST 10yr 4.20%; gold firms and oil drops; NZ$1 = 58.9 USc; TWI-5 = 67.9
A review of things you need to know before you sign off on Friday; some minor rate changes, cost of living still high, consumer sentiment in surprising gain, EV insurance tough for all, swaps slip, NZD low, & more
26th Jul 24, 3:59pm
71
A review of things you need to know before you sign off on Friday; some minor rate changes, cost of living still high, consumer sentiment in surprising gain, EV insurance tough for all, swaps slip, NZD low, & more
US economic growth exceeds forecasts; jobless claims fall; durable goods orders weak; China makes another surprise rate cut, raises subsidies; UST 10yr 4.27%; gold drops and oil holds; NZ$1 = 59 USc; TWI-5 = 68
26th Jul 24, 7:25am
101
US economic growth exceeds forecasts; jobless claims fall; durable goods orders weak; China makes another surprise rate cut, raises subsidies; UST 10yr 4.27%; gold drops and oil holds; NZ$1 = 59 USc; TWI-5 = 68
[updated]
A review of things you need to know before you sign off on Thursday; some more rate cuts, the real economy swoons, overseas house buyers scarce, hacks and manipulations, swaps still weak, NZ stable, & more
25th Jul 24, 3:59pm
79
A review of things you need to know before you sign off on Thursday; some more rate cuts, the real economy swoons, overseas house buyers scarce, hacks and manipulations, swaps still weak, NZ stable, & more
US PMIs for July positive especially for service sector; US exports rise; US housing struggles; Canada cuts; India soars & challenges China; Aussie new business slips; UST 10yr 4.29%; gold and oil up; NZ$1 = 59.4 USc; TWI-5 = 68.4
25th Jul 24, 7:19am
154
US PMIs for July positive especially for service sector; US exports rise; US housing struggles; Canada cuts; India soars & challenges China; Aussie new business slips; UST 10yr 4.29%; gold and oil up; NZ$1 = 59.4 USc; TWI-5 = 68.4
A review of things you need to know before you sign off on Wednesday; Westpac cuts retail rates again, residence visas stay elevated, retail sector in survival mode, mortgages get household priority, swaps stable, NZD down, & more
24th Jul 24, 3:59pm
77
A review of things you need to know before you sign off on Wednesday; Westpac cuts retail rates again, residence visas stay elevated, retail sector in survival mode, mortgages get household priority, swaps stable, NZD down, & more
Commodity prices ease again including dairy prices; US retail expands but house sales don't; India chooses fiscal stimulus; Taiwan data good; China equities fall; UST 10yr 4.25%; gold up but oil lower; NZ$1 = 59.5 USc; TWI-5 = 68.5
24th Jul 24, 7:19am
76
Commodity prices ease again including dairy prices; US retail expands but house sales don't; India chooses fiscal stimulus; Taiwan data good; China equities fall; UST 10yr 4.25%; gold up but oil lower; NZ$1 = 59.5 USc; TWI-5 = 68.5
[updated]
A review of things you need to know before you sign off on Tuesday; no retail rate changes, ComCom eyes card fee savings, electricity prices spike, emissions fall, swaps hold, NZD falls, & more
23rd Jul 24, 3:59pm
140
A review of things you need to know before you sign off on Tuesday; no retail rate changes, ComCom eyes card fee savings, electricity prices spike, emissions fall, swaps hold, NZD falls, & more
US data ok; Japan frets ahead of BofJ decision; India's Budget awaited; China cuts rates, attempts to raise retirement age; UST 10yr 4.26%; gold and oil soft; NZ$1 = 59.8 USc; TWI-5 = 68.8
23rd Jul 24, 7:20am
56
US data ok; Japan frets ahead of BofJ decision; India's Budget awaited; China cuts rates, attempts to raise retirement age; UST 10yr 4.26%; gold and oil soft; NZ$1 = 59.8 USc; TWI-5 = 68.8
A review of things you need to know before you sign off on Monday; ASB makes home loan and TD changes, Auckland dwelling completions hold for now, trade in surplus, swaps rise, NZD holds, & more
22nd Jul 24, 3:59pm
49
A review of things you need to know before you sign off on Monday; ASB makes home loan and TD changes, Auckland dwelling completions hold for now, trade in surplus, swaps rise, NZD holds, & more
Biden quits; CrowdStrike issues ease; tech no answer to stagnant productivity; Japanese inflation stays elevated; China declines real reform; UST 10yr 4.24%; gold and oil hold; NZ$1 = 60.1 USc; TWI-5 = 69
22nd Jul 24, 6:46am
55
Biden quits; CrowdStrike issues ease; tech no answer to stagnant productivity; Japanese inflation stays elevated; China declines real reform; UST 10yr 4.24%; gold and oil hold; NZ$1 = 60.1 USc; TWI-5 = 69