currency risk
Strong bounce-back in US equities after the US public holiday, with S&P 500 up 2.5%; global rates push higher
22nd Jun 22, 7:59am
Strong bounce-back in US equities after the US public holiday, with S&P 500 up 2.5%; global rates push higher
Market prices in more aggressive Fed tightening, 75bps this week and a likely follow-up move next month. US Treasury yields continue rise across the curve; 10-year rate approaching 3.5%
15th Jun 22, 7:59am
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Market prices in more aggressive Fed tightening, 75bps this week and a likely follow-up move next month. US Treasury yields continue rise across the curve; 10-year rate approaching 3.5%
RBA raises cash rate by a larger-than-expected 50bps. Short-term Aussie rates blast higher while NZD/AUD cross falls below 90 AUc
8th Jun 22, 7:58am
RBA raises cash rate by a larger-than-expected 50bps. Short-term Aussie rates blast higher while NZD/AUD cross falls below 90 AUc
Euro area inflation hits record high; European rates continue to push higher. Higher rates backdrop leads to cautious tone in equity markets. NZ business survey highlights stagflationary fears
1st Jun 22, 7:56am
Euro area inflation hits record high; European rates continue to push higher. Higher rates backdrop leads to cautious tone in equity markets. NZ business survey highlights stagflationary fears
Weaker earnings backdrop and growth outlook concerns weigh on markets. Equity markets weaker; global rates lower. RBNZ MPS today, another "dovish" 50bps hike likely
25th May 22, 7:51am
Weaker earnings backdrop and growth outlook concerns weigh on markets. Equity markets weaker; global rates lower. RBNZ MPS today, another "dovish" 50bps hike likely
Risk sentiment recovers on positive US economic data and easing of Shanghai restrictions. Global rates up across the board, with come chunky gains across Europe
18th May 22, 7:46am
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Risk sentiment recovers on positive US economic data and easing of Shanghai restrictions. Global rates up across the board, with come chunky gains across Europe
Risk sentiment rebounds overnight, with equities bouncing back. Global rates lower amid falling market-based inflation expectations. Several Fed officials endorse +50bps hikes at the next two meetings
11th May 22, 7:52am
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Risk sentiment rebounds overnight, with equities bouncing back. Global rates lower amid falling market-based inflation expectations. Several Fed officials endorse +50bps hikes at the next two meetings
Equity markets plummet again on concerns around the global growth outlook. US bond rates fall for the second day running on safe haven demand
27th Apr 22, 7:58am
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Equity markets plummet again on concerns around the global growth outlook. US bond rates fall for the second day running on safe haven demand
Global bond yields continue to march higher with the US 10-year up to 2.91%. No real catalyst for the increase in rates although Fed rhetoric remains hawkish
20th Apr 22, 7:59am
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Global bond yields continue to march higher with the US 10-year up to 2.91%. No real catalyst for the increase in rates although Fed rhetoric remains hawkish
US rates finally correct lower after core CPI surprises to the downside. Market still priced for a 50bps Fed hike next month but expectations for tightening later this year scaled back
13th Apr 22, 7:54am
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US rates finally correct lower after core CPI surprises to the downside. Market still priced for a 50bps Fed hike next month but expectations for tightening later this year scaled back
Multiple drivers push global rates much higher; US 10-year rate up 16bps, aided by hawkish speech from Fed Governor Brainard. Australian rates and AUD higher after hawkish RBA statement
6th Apr 22, 7:56am
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Multiple drivers push global rates much higher; US 10-year rate up 16bps, aided by hawkish speech from Fed Governor Brainard. Australian rates and AUD higher after hawkish RBA statement
Market takes an optimistic view on Russia-Ukraine peace talks, driving European equities, rates and the euro higher; oil prices lower. UST 2s10s curve briefly inverts
30th Mar 22, 7:51am
Market takes an optimistic view on Russia-Ukraine peace talks, driving European equities, rates and the euro higher; oil prices lower. UST 2s10s curve briefly inverts
Global bond market selloff continues. Interest rates up to fresh multi-year highs. Equity markets unperturbed
23rd Mar 22, 7:49am
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Global bond market selloff continues. Interest rates up to fresh multi-year highs. Equity markets unperturbed
Oil prices plunge below USD100 per barrel. Supporting a lift in US equities while bond market sell-off takes a breather. FOMC 25bps hike well anticipated
16th Mar 22, 9:03am
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Oil prices plunge below USD100 per barrel. Supporting a lift in US equities while bond market sell-off takes a breather. FOMC 25bps hike well anticipated
US and UK ban Russian oil imports. EU might be looking to issue bonds to finance massive spend-up on energy and defense. German bond rates surge, pushing up US Treasuries
9th Mar 22, 8:00am
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US and UK ban Russian oil imports. EU might be looking to issue bonds to finance massive spend-up on energy and defense. German bond rates surge, pushing up US Treasuries
Risk sentiment sours as focus remains on war in Ukraine. Money markets show signs of stress with a collateral squeeze. Alongside flood to safe-havens, global rates rally massively
2nd Mar 22, 8:13am
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Risk sentiment sours as focus remains on war in Ukraine. Money markets show signs of stress with a collateral squeeze. Alongside flood to safe-havens, global rates rally massively
Market volatility continues on Russia-Ukraine developments; Putin's intentions remain unclear. Only light-touch sanctions against Russia so far; Market sentiment improves overnight
23rd Feb 22, 8:07am
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Market volatility continues on Russia-Ukraine developments; Putin's intentions remain unclear. Only light-touch sanctions against Russia so far; Market sentiment improves overnight
Global equities higher, US 10-year rate retests 2.05% mark, oil prices fall. Fears of imminent Russia-Ukraine war subside after apparent troop withdrawal and Putin's call for peace
16th Feb 22, 8:01am
Global equities higher, US 10-year rate retests 2.05% mark, oil prices fall. Fears of imminent Russia-Ukraine war subside after apparent troop withdrawal and Putin's call for peace
Global rates continue to push higher, US 10-year rate just shy of 2%, NZ 10-year rate hits fresh three-year high. Some apparent de-escalation of Ukraine situation; oil prices weaker
9th Feb 22, 7:57am
Global rates continue to push higher, US 10-year rate just shy of 2%, NZ 10-year rate hits fresh three-year high. Some apparent de-escalation of Ukraine situation; oil prices weaker
Market ignores RBA's policy message. More positive inflation surprise for Europe, adding focus to German yields and ECB meeting later this week. Key NZ labour market data today
2nd Feb 22, 7:48am
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Market ignores RBA's policy message. More positive inflation surprise for Europe, adding focus to German yields and ECB meeting later this week. Key NZ labour market data today
Volatility in equity markets continues. S&P500 down 2% after late 4% rally from its low yesterday. US 10-year rate shows little net movement
26th Jan 22, 7:51am
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Volatility in equity markets continues. S&P500 down 2% after late 4% rally from its low yesterday. US 10-year rate shows little net movement
Global rates continue to trend higher - US 10yr hits 2-year high with market pricing small chance of 50bps Fed hike in March. Equities under pressure again
19th Jan 22, 8:04am
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Global rates continue to trend higher - US 10yr hits 2-year high with market pricing small chance of 50bps Fed hike in March. Equities under pressure again
US PPI inflation surges, adding to inflation angst. US equities seemingly more nervous than rates market, ahead of FOMC update tomorrow
15th Dec 21, 8:04am
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US PPI inflation surges, adding to inflation angst. US equities seemingly more nervous than rates market, ahead of FOMC update tomorrow
Omicron fears continue to recede, driving risk sentiment higher. US rates higher with more curve flattening
8th Dec 21, 8:01am
Omicron fears continue to recede, driving risk sentiment higher. US rates higher with more curve flattening
Markets volatile, VIX index up to 28, decent flattening in US Treasuries curve. Fed Chair Powell alludes to greater inflationary pressure and argues for a faster taper
1st Dec 21, 7:58am
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Markets volatile, VIX index up to 28, decent flattening in US Treasuries curve. Fed Chair Powell alludes to greater inflationary pressure and argues for a faster taper