ECB
Soft US CPI data contributed to a solid rally for equity markets and lower treasury yields. ECB held rates steady and upgraded growth and inflation forecasts. BofE made a cautious cut
19th Dec 25, 8:00am
Soft US CPI data contributed to a solid rally for equity markets and lower treasury yields. ECB held rates steady and upgraded growth and inflation forecasts. BofE made a cautious cut
US equities are notably weaker, dragged down by the tech sector. Softer UK CPI data locks in BoE rate cut tonight. NZ Q3 GDP data today expected to show bounce back after Q2 contraction
18th Dec 25, 7:43am
US equities are notably weaker, dragged down by the tech sector. Softer UK CPI data locks in BoE rate cut tonight. NZ Q3 GDP data today expected to show bounce back after Q2 contraction
Mixed US economic data; unemployment rate rises to a four year high of 4.6%; solid core retail sales; weaker PMI but stronger pricing indicators. Little market reaction. Oil prices fall further, down to a four-year low
17th Dec 25, 8:01am
Mixed US economic data; unemployment rate rises to a four year high of 4.6%; solid core retail sales; weaker PMI but stronger pricing indicators. Little market reaction. Oil prices fall further, down to a four-year low
Concerns about high valuations for companies linked to AI weigh on US equities. FOMC dissenters outline rationale for leaving rates unchanged last week. US treasury curve steeper. Currency markets subdued
15th Dec 25, 7:34am
Concerns about high valuations for companies linked to AI weigh on US equities. FOMC dissenters outline rationale for leaving rates unchanged last week. US treasury curve steeper. Currency markets subdued
Post-FOMC rally in US equities fades. Treasuries modestly lower in yield. US dollar extends recent decline. Monthly job growth in Australia weaker than expected
12th Dec 25, 8:05am
Post-FOMC rally in US equities fades. Treasuries modestly lower in yield. US dollar extends recent decline. Monthly job growth in Australia weaker than expected
NZ rates market selloff continued yesterday, with the 5-year swap rate rising to its highest level since March
11th Dec 25, 7:21am
NZ rates market selloff continued yesterday, with the 5-year swap rate rising to its highest level since March
Australian rates and the AUD higher after the RBA opened the door to tightening policy from early next year. US job openings much higher than expected, but other metrics in the JOLTS report were less positive
10th Dec 25, 8:01am
Australian rates and the AUD higher after the RBA opened the door to tightening policy from early next year. US job openings much higher than expected, but other metrics in the JOLTS report were less positive
European rates higher across the curve after hike signal, spilling over into higher US Treasury yields. China's record trade surplus showcases ongoing economic imbalance
9th Dec 25, 7:53am
European rates higher across the curve after hike signal, spilling over into higher US Treasury yields. China's record trade surplus showcases ongoing economic imbalance
US consumer confidence improves for the first time in five months. But limited moves across risk sensitive assets. Large moves in the Canadian dollar and rates after labour market stronger than expected
8th Dec 25, 7:21am
US consumer confidence improves for the first time in five months. But limited moves across risk sensitive assets. Large moves in the Canadian dollar and rates after labour market stronger than expected
US initial jobless claims fall brings modest upside pressure on global rates. Currency movements modest; signs of the PBoC pushing against yuan strength. Stronger Australian data boosts odds the RBA might need to raise rates
5th Dec 25, 7:40am
US initial jobless claims fall brings modest upside pressure on global rates. Currency movements modest; signs of the PBoC pushing against yuan strength. Stronger Australian data boosts odds the RBA might need to raise rates
US ADP private payrolls fell 32k in November, solidifying market expectations for a Fed rate cut next week. US Treasury yields down a touch; US equities up slightly. USD DXY index down for an eighth successive day
4th Dec 25, 7:44am
US ADP private payrolls fell 32k in November, solidifying market expectations for a Fed rate cut next week. US Treasury yields down a touch; US equities up slightly. USD DXY index down for an eighth successive day
Markets movements have been modest across equities, rates and currencies. Japan's 10-year JGB auction drew solid demand, a relief to the market; rising expectations of a BoJ rate hike have done little to support the yen
3rd Dec 25, 7:58am
Markets movements have been modest across equities, rates and currencies. Japan's 10-year JGB auction drew solid demand, a relief to the market; rising expectations of a BoJ rate hike have done little to support the yen
US manufacturing ISM slipped to the lowest level since July. US treasury yields higher despite weak ISM. Small moves for G10 currencies
2nd Dec 25, 7:39am
US manufacturing ISM slipped to the lowest level since July. US treasury yields higher despite weak ISM. Small moves for G10 currencies
US equities end the month on a positive note. Key futures markets were impacted by a technical outage. Silver prices surge 6% to a record high. Limited movement across global FX and rates markets
1st Dec 25, 7:37am
US equities end the month on a positive note. Key futures markets were impacted by a technical outage. Silver prices surge 6% to a record high. Limited movement across global FX and rates markets
US Thanksgiving holiday brings quiet markets. NZ rates higher yesterday in the aftermath of Wednesday's RBNZ MPS, some much stronger NZ data and angst over a possible wave of mortgage fixing
28th Nov 25, 7:53am
US Thanksgiving holiday brings quiet markets. NZ rates higher yesterday in the aftermath of Wednesday's RBNZ MPS, some much stronger NZ data and angst over a possible wave of mortgage fixing