NZ$

Tightening monetary policy in response to a short-lived disruption would only dampen growth without materially improving near-term inflation outcomes, Anna Breman says

Tightening monetary policy in response to a short-lived disruption would only dampen growth without materially improving near-term inflation outcomes, Anna Breman says

Big turnaround in markets after Trump backs down. Whatever the truth over competing claims, equities bounce back, global rates fall, oil tumbles

Big turnaround in markets after Trump backs down. Whatever the truth over competing claims, equities bounce back, global rates fall, oil tumbles

A review of things you need to know before you sign off on Monday; more retail rate rises, home loan affordability buffeted, milk payout forecast raised, fuel stocks updated, swaps leap, NZX falls, NZD stable, & more

A review of things you need to know before you sign off on Monday; more retail rate rises, home loan affordability buffeted, milk payout forecast raised, fuel stocks updated, swaps leap, NZX falls, NZD stable, & more

Westpac economists see 'a better than even chance' that the RBNZ Governor will in her upcoming speech give a preliminary assessment of how the Middle East shock is impacting the RBNZ's assessment of the monetary policy outlook

Westpac economists see 'a better than even chance' that the RBNZ Governor will in her upcoming speech give a preliminary assessment of how the Middle East shock is impacting the RBNZ's assessment of the monetary policy outlook

Roger J Kerr says the markets are still seeking the signal that President Trump has found his 'off-ramp' to end the conflict

Roger J Kerr says the markets are still seeking the signal that President Trump has found his 'off-ramp' to end the conflict

Risk sentiment soured Friday night, as investors factored in a more prolonged conflict in the Middle East. US 10-year rate up 13bps; market now factoring in chance of Fed hiking this year. Domestic rates surge, with more upward pressure today

Risk sentiment soured Friday night, as investors factored in a more prolonged conflict in the Middle East. US 10-year rate up 13bps; market now factoring in chance of Fed hiking this year. Domestic rates surge, with more upward pressure today

A review of things you need to know before you sign off on Friday; rents & demand weaker, trade balance back in deficit, few tractor sales, job ad momentum eases, NZGB demand solid with higher yields, swaps up, NZD up, & more

A review of things you need to know before you sign off on Friday; rents & demand weaker, trade balance back in deficit, few tractor sales, job ad momentum eases, NZGB demand solid with higher yields, swaps up, NZD up, & more

Large moves higher in global bond yields led by shorter maturities. Investor risk appetite remains subdued - global equities under pressure. ECB leaves rates unchanged as markets reflect expectations of hikes ahead. Ditto Bank of England

Large moves higher in global bond yields led by shorter maturities. Investor risk appetite remains subdued - global equities under pressure. ECB leaves rates unchanged as markets reflect expectations of hikes ahead. Ditto Bank of England

A review of things you need to know before you sign off on Thursday; more mortgage & TD rate rises, GDP rise less than expected, residential property returns vanish, swaps firm, NZX50 falls sharply, NZD lower, & more

A review of things you need to know before you sign off on Thursday; more mortgage & TD rate rises, GDP rise less than expected, residential property returns vanish, swaps firm, NZX50 falls sharply, NZD lower, & more

ANZ staff are reporting that customers are 'wary so far', but not panicking - however, some businesses are saying that the phones have stopped ringing

ANZ staff are reporting that customers are 'wary so far', but not panicking - however, some businesses are saying that the phones have stopped ringing

US Federal Reserve keeps rates steady and notes uncertainty from Iran. FOMC continues to signal one rate cut this year. Oil prices gained after an Iranian gas field was hit weighing on risk-sensitive assets

US Federal Reserve keeps rates steady and notes uncertainty from Iran. FOMC continues to signal one rate cut this year. Oil prices gained after an Iranian gas field was hit weighing on risk-sensitive assets

A review of things you need to know before you sign off on Wednesday; BNZ raises mortgage rates, QV finds flat market, current account deficit wider, dairy prices hold, monitoring fuel stocks, swaps lower, NZD holds, & more

A review of things you need to know before you sign off on Wednesday; BNZ raises mortgage rates, QV finds flat market, current account deficit wider, dairy prices hold, monitoring fuel stocks, swaps lower, NZD holds, & more

Markets calm overnight, as prior day's lift in risk appetite is sustained. Oil prices range bound. RBA hikes 25bps to 4.1% and Governor Bullock gives a hawkish update

Markets calm overnight, as prior day's lift in risk appetite is sustained. Oil prices range bound. RBA hikes 25bps to 4.1% and Governor Bullock gives a hawkish update

A review of things you need to know before you sign off on Tuesday; retail rates start to rise, food inflation up, rents deflate, farm costs under threat, Mercury targets new bond, RBA hikes, swaps stable, NZD up, & more

A review of things you need to know before you sign off on Tuesday; retail rates start to rise, food inflation up, rents deflate, farm costs under threat, Mercury targets new bond, RBA hikes, swaps stable, NZD up, & more

Risk appetite is higher on optimism that the worst is over in the Iran conflict, while the reality is that nothing much has changed on the battleground. Brent crude falls to just over US$100/bbl. IEA says more emergency oil stocks available if required

Risk appetite is higher on optimism that the worst is over in the Iran conflict, while the reality is that nothing much has changed on the battleground. Brent crude falls to just over US$100/bbl. IEA says more emergency oil stocks available if required