NZ$
NZD up 0.8% against the USD as the risk off mood sees the USD index 0.6% lower; UST yields down 6 bps and 11 bps for the 2 yr and 10 yr rates respectively; local yields were down across the curve yesterday and further downward pressure is expected today
18th May 17, 8:15am
NZD up 0.8% against the USD as the risk off mood sees the USD index 0.6% lower; UST yields down 6 bps and 11 bps for the 2 yr and 10 yr rates respectively; local yields were down across the curve yesterday and further downward pressure is expected today
Risk aversion grips markets; US personal debt now above 2008 level; world record property price; Aust keeps AAA; Aust bank chiefs gagged; UST 10yr yield down to 2.22%; oil firms, gold jumps; NZ$1 = 69.4 US¢, TWI-5 = 73.7
18th May 17, 7:32am
51
Risk aversion grips markets; US personal debt now above 2008 level; world record property price; Aust keeps AAA; Aust bank chiefs gagged; UST 10yr yield down to 2.22%; oil firms, gold jumps; NZ$1 = 69.4 US¢, TWI-5 = 73.7
A review of things you need to know before you go home Wednesday; no rate changes, dairy payout prospects improve, milk output spurt, job ads grow, PPI rises slow, Akl concrete output jumps, swaps down
17th May 17, 3:59pm
21
A review of things you need to know before you go home Wednesday; no rate changes, dairy payout prospects improve, milk output spurt, job ads grow, PPI rises slow, Akl concrete output jumps, swaps down
The Opening Bell: Where currencies start on Wednesday, May 17, 2017
17th May 17, 8:36am
The Opening Bell: Where currencies start on Wednesday, May 17, 2017
USD breaks below the 200-day moving average and the DXY is down to its lowest level since November's election; despite positive dairy auction and USD weakness, NZD did not find upward momentum and traded a tight 40 pip range
17th May 17, 8:21am
USD breaks below the 200-day moving average and the DXY is down to its lowest level since November's election; despite positive dairy auction and USD weakness, NZD did not find upward momentum and traded a tight 40 pip range
Dairy prices rise again; US factory output surges; China juices market with big cash carrot; AU politicians round on bank bosses; Labour parties call for higher taxes; UST 10yr yield up to 2.33%; oil down and gold up; NZ$1 = 68.9 US¢, TWI-5 = 73.5
17th May 17, 7:35am
22
Dairy prices rise again; US factory output surges; China juices market with big cash carrot; AU politicians round on bank bosses; Labour parties call for higher taxes; UST 10yr yield up to 2.33%; oil down and gold up; NZ$1 = 68.9 US¢, TWI-5 = 73.5
A review of things you need to know before you go home Tuesday; another floating rate rise, more TD rate changes, expect to live longer, more houses everywhere, higher inflation expectations, swaps rise
16th May 17, 3:59pm
11
A review of things you need to know before you go home Tuesday; another floating rate rise, more TD rate changes, expect to live longer, more houses everywhere, higher inflation expectations, swaps rise
Oil prices jumped higher as production cuts extended, up 1.9% for the day; NZD was supported by a rise in oil prices but has lost some of its gains, opening at 0.6880 USD; AUD retained some gains and NZDAUD now trades at 0.9270
16th May 17, 8:36am
Oil prices jumped higher as production cuts extended, up 1.9% for the day; NZD was supported by a rise in oil prices but has lost some of its gains, opening at 0.6880 USD; AUD retained some gains and NZDAUD now trades at 0.9270
The Opening Bell: Where currencies start on Tuesday, May 16, 2017
16th May 17, 8:09am
The Opening Bell: Where currencies start on Tuesday, May 16, 2017
French president appoints PM from right, meets Angela Merkel; Chinese growth softens; cyber attacks slow; UST 10yr yield up to 2.34%; oil up, gold unchanged; NZ$1 = 68.8 US¢, TWI-5 = 73.6
16th May 17, 8:03am
15
French president appoints PM from right, meets Angela Merkel; Chinese growth softens; cyber attacks slow; UST 10yr yield up to 2.34%; oil up, gold unchanged; NZ$1 = 68.8 US¢, TWI-5 = 73.6
Reserve Bank says its forecasting ability could be improved if Statistics New Zealand moved to monthly production of inflation data
15th May 17, 5:00pm
13
Reserve Bank says its forecasting ability could be improved if Statistics New Zealand moved to monthly production of inflation data
A review of things you need to know before you go home Monday; TSB trims a mortgage rate, ASB raises three TD rates, service sector stumbles, car sales boom, a long fence, swaps drop yet again, NZD firms
15th May 17, 3:59pm
6
A review of things you need to know before you go home Monday; TSB trims a mortgage rate, ASB raises three TD rates, service sector stumbles, car sales boom, a long fence, swaps drop yet again, NZD firms
Roger J Kerr doesn't expect the current divergence between the rising value of our commodity export prices and the value of the Kiwi dollar to continue for long
15th May 17, 1:33pm
Roger J Kerr doesn't expect the current divergence between the rising value of our commodity export prices and the value of the Kiwi dollar to continue for long
The Opening Bell: Where currencies start on Monday, May 15, 2017
15th May 17, 8:30am
The Opening Bell: Where currencies start on Monday, May 15, 2017
Under-shooting US data weighs on greenback even as markets still expect Fed rate hike. RBNZ's 'purposeful easing' still being absorbed by traders
15th May 17, 8:11am
Under-shooting US data weighs on greenback even as markets still expect Fed rate hike. RBNZ's 'purposeful easing' still being absorbed by traders
US inflation, retail below expectations; GE supports NAFTA; US-China trade deal invites derision; China claims initiative on trade; Aussie investors recoil; UST 10yr yield up to 2.33%; oil and gold unchanged; NZ$1 = 68.6 US¢, TWI-5 = 73.6
15th May 17, 7:24am
13
US inflation, retail below expectations; GE supports NAFTA; US-China trade deal invites derision; China claims initiative on trade; Aussie investors recoil; UST 10yr yield up to 2.33%; oil and gold unchanged; NZ$1 = 68.6 US¢, TWI-5 = 73.6
A review of things you need to know before you go home Friday; no rate changes, 'horrible' house sales volume falls, fast rising population, healthy factory activity, more corporate welfare, swaps drop again, NZD holds
12th May 17, 3:59pm
12
A review of things you need to know before you go home Friday; no rate changes, 'horrible' house sales volume falls, fast rising population, healthy factory activity, more corporate welfare, swaps drop again, NZD holds
The Opening Bell: Where currencies start on Friday, May 12, 2017
12th May 17, 8:27am
The Opening Bell: Where currencies start on Friday, May 12, 2017
While markets don't buy RBNZ projections, they do accept that rate changes won't happen til inflation well over 2%. NZD's fall only takes it back to last week's level
12th May 17, 8:16am
While markets don't buy RBNZ projections, they do accept that rate changes won't happen til inflation well over 2%. NZD's fall only takes it back to last week's level
US labour market firms; Fed signals QE wind-back; China govt stock yields invert; Canada's banks downgraded; Aussie fuel cell innovation; UST 10yr yield up to 2.40%; oil and gold unchanged; NZ$1 = 68.5 US¢, TWI-5 = 73.7
12th May 17, 7:28am
7
US labour market firms; Fed signals QE wind-back; China govt stock yields invert; Canada's banks downgraded; Aussie fuel cell innovation; UST 10yr yield up to 2.40%; oil and gold unchanged; NZ$1 = 68.5 US¢, TWI-5 = 73.7
A review of things you need to know before you go home Thursday; no rate changes from anyone, no food price increases, UFB ahead of plan, TPP ratified, where the jobs will be, money for tourism, swaps fall, NZD slips
11th May 17, 3:59pm
3
A review of things you need to know before you go home Thursday; no rate changes from anyone, no food price increases, UFB ahead of plan, TPP ratified, where the jobs will be, money for tourism, swaps fall, NZD slips
Reserve Bank leaves Official Cash Rate unchanged at 1.75%; surprisingly, no change seen to future interest rate path, with first OCR hike not projected till late 2019; dollar drops sharply
11th May 17, 9:05am
50
Reserve Bank leaves Official Cash Rate unchanged at 1.75%; surprisingly, no change seen to future interest rate path, with first OCR hike not projected till late 2019; dollar drops sharply
The Opening Bell: Where currencies start on Thursday, May 11, 2017
11th May 17, 8:47am
The Opening Bell: Where currencies start on Thursday, May 11, 2017
NOK, NZD, CAD and AUD are all up between 0.3-0.7% of the USD as oil prices rebound 3.5%; Trump's surprise sacking of FBI director Comey has little impact on the market; EUR loses afterglow from French election result
11th May 17, 8:05am
NOK, NZD, CAD and AUD are all up between 0.3-0.7% of the USD as oil prices rebound 3.5%; Trump's surprise sacking of FBI director Comey has little impact on the market; EUR loses afterglow from French election result
US import prices jump; China inflation tame; China's corporate offshore buying frenzy suddenly ends; unexpected AU GST rules on new-home purchases; UST 10yr yield up to 2.42%; oil and gold up; NZ$1 = 69.4 US¢, TWI-5 = 74.6
11th May 17, 7:33am
22
US import prices jump; China inflation tame; China's corporate offshore buying frenzy suddenly ends; unexpected AU GST rules on new-home purchases; UST 10yr yield up to 2.42%; oil and gold up; NZ$1 = 69.4 US¢, TWI-5 = 74.6