NZ$
Labour market remains resilient even as unemployment rate rises to 4% in the December quarter and other employment metrics also soften
7th Feb 24, 10:53am
63
Labour market remains resilient even as unemployment rate rises to 4% in the December quarter and other employment metrics also soften
US Treasury yields fall back after significant two-day sell-off. Chinese equities well supported after State regulator steps in. No fireworks from RBA yesterday. Dairy prices continue to recover
7th Feb 24, 7:53am
US Treasury yields fall back after significant two-day sell-off. Chinese equities well supported after State regulator steps in. No fireworks from RBA yesterday. Dairy prices continue to recover
A review of things you need to know before you sign off on Monday; no retail rate changes, listings surge, FBU hit, commodity prices hold up, record bank funding levels, swaps up, NZD holds, & more
5th Feb 24, 3:59pm
44
A review of things you need to know before you sign off on Monday; no retail rate changes, listings surge, FBU hit, commodity prices hold up, record bank funding levels, swaps up, NZD holds, & more
Roger J Kerr says the view and outlook that the US dollar will weaken against all currencies this year is now under some scrutiny and pressure
5th Feb 24, 8:02am
4
Roger J Kerr says the view and outlook that the US dollar will weaken against all currencies this year is now under some scrutiny and pressure
A large upside surprise to US nonfarm payrolls prompts a further scaling back of market pricing for near term rate cuts by the Federal Reserve. Treasury yields and the US dollar surge higher in response to the labour market data
5th Feb 24, 7:46am
A large upside surprise to US nonfarm payrolls prompts a further scaling back of market pricing for near term rate cuts by the Federal Reserve. Treasury yields and the US dollar surge higher in response to the labour market data
A review of things you need to know before you sign off on Friday; Barfoots weak in January, building consents weak, car sales soft, consumer confidence low, retail weak, swaps stable, NZD firm, & more
2nd Feb 24, 3:59pm
32
A review of things you need to know before you sign off on Friday; Barfoots weak in January, building consents weak, car sales soft, consumer confidence low, retail weak, swaps stable, NZD firm, & more
US jobless claims rise; strong productivity contains unit labour cost inflation to a low rate; lift in ISM manufacturing index largely ignored. US Treasury yields push down to fresh lows for the year; 5-year rate at lowest level since June
2nd Feb 24, 7:50am
1
US jobless claims rise; strong productivity contains unit labour cost inflation to a low rate; lift in ISM manufacturing index largely ignored. US Treasury yields push down to fresh lows for the year; 5-year rate at lowest level since June
A review of things you need to know before you sign off on Thursday; a hot 2yr home loan rate, household living costs higher than CPI, non-performing loans up swaps stable, NZD firm, & more
1st Feb 24, 3:59pm
57
A review of things you need to know before you sign off on Thursday; a hot 2yr home loan rate, household living costs higher than CPI, non-performing loans up swaps stable, NZD firm, & more
Stats NZ says its household living-cost price indexes show that all household groups in the country faced higher cost increases in the 2023 year than the 4.7% indicated by the CPI, the official measure of inflation
1st Feb 24, 11:16am
28
Stats NZ says its household living-cost price indexes show that all household groups in the country faced higher cost increases in the 2023 year than the 4.7% indicated by the CPI, the official measure of inflation
Weaker technology stocks and renewed concerns about regional banks in the US weigh on risk sentiment. Softer than expected US labour market data supported a fall in US treasury yields and weaker US dollar
1st Feb 24, 7:49am
Weaker technology stocks and renewed concerns about regional banks in the US weigh on risk sentiment. Softer than expected US labour market data supported a fall in US treasury yields and weaker US dollar
A review of things you need to know before you sign off on Wednesday; no retail rate changes, business confidence up, TDs very popular, dairy prices rise, house lending up, swaps unchanged, NZD firm, & more
31st Jan 24, 3:59pm
66
A review of things you need to know before you sign off on Wednesday; no retail rate changes, business confidence up, TDs very popular, dairy prices rise, house lending up, swaps unchanged, NZD firm, & more
Higher than expected US job openings data points to resilience in the US labour markets. UST yields rebound. The Eurozone narrowly avoids recession. Yields on Chinese 10-year bonds fell to the lowest level in more than 20 years
31st Jan 24, 7:55am
Higher than expected US job openings data points to resilience in the US labour markets. UST yields rebound. The Eurozone narrowly avoids recession. Yields on Chinese 10-year bonds fell to the lowest level in more than 20 years
[updated]
A review of things you need to know before you sign off on Tuesday; migrants active house buyers, FHBs active mortgage borrowers, RBNZ holds the line, eyes on dairy prices, swaps stable, NZD firm, & more
30th Jan 24, 3:59pm
38
A review of things you need to know before you sign off on Tuesday; migrants active house buyers, FHBs active mortgage borrowers, RBNZ holds the line, eyes on dairy prices, swaps stable, NZD firm, & more
Reserve Bank chief economist Paul Conway suggests softer GDP and CPI data doesn't mean the central bank will cut interest rates
30th Jan 24, 10:55am
50
Reserve Bank chief economist Paul Conway suggests softer GDP and CPI data doesn't mean the central bank will cut interest rates
Markets in holding pattern but fully prices in April cut for ECB, dragging down European rates and EUR. Oil prices fall back after strong Asia open
30th Jan 24, 7:52am
Markets in holding pattern but fully prices in April cut for ECB, dragging down European rates and EUR. Oil prices fall back after strong Asia open
A review of things you need to know before you sign off on Monday; less trade, more jobs, bigger intervention capacity, mortgage interest cost jumps, swaps firm, NZS holds, & more
29th Jan 24, 3:59pm
19
A review of things you need to know before you sign off on Monday; less trade, more jobs, bigger intervention capacity, mortgage interest cost jumps, swaps firm, NZS holds, & more
Roger J Kerr says the still-high level of inflation that has declined a bit isn't yet cause for celebration and the RBNZ needs to explore more options to get it lower. But he sees US inflation march lower even if their economic data remains mixed
29th Jan 24, 8:30am
4
Roger J Kerr says the still-high level of inflation that has declined a bit isn't yet cause for celebration and the RBNZ needs to explore more options to get it lower. But he sees US inflation march lower even if their economic data remains mixed
US data confirm solid end to the year for consumer spending and inflation tracking near target. Tokyo CPI data comes in surprisingly soft. ECB speakers deliver mixed messages on prospects for near-term policy easing
29th Jan 24, 7:44am
US data confirm solid end to the year for consumer spending and inflation tracking near target. Tokyo CPI data comes in surprisingly soft. ECB speakers deliver mixed messages on prospects for near-term policy easing
A review of things you need to know before you sign off on Friday; more retail rate cuts, more holiday interruptions, eyes on some large equity retreats, swaps little-changed, NZD stable, & more
26th Jan 24, 3:59pm
36
A review of things you need to know before you sign off on Friday; more retail rate cuts, more holiday interruptions, eyes on some large equity retreats, swaps little-changed, NZD stable, & more
Kiwibank's Jarrod Kerr on the war on inflation including how much the RBNZ can influence non-tradeable inflation, and whether its mandate may need changing
26th Jan 24, 10:01am
69
Kiwibank's Jarrod Kerr on the war on inflation including how much the RBNZ can influence non-tradeable inflation, and whether its mandate may need changing
GDP up an annualised 3.3% in Q4, PCE deflator at 1.5% and core PCE deflator at 2%. US Treasury market supported by the benign inflation backdrop, yields slightly lower. European rates and EUR lower. NZD flat just over 61 USc
26th Jan 24, 8:34am
1
GDP up an annualised 3.3% in Q4, PCE deflator at 1.5% and core PCE deflator at 2%. US Treasury market supported by the benign inflation backdrop, yields slightly lower. European rates and EUR lower. NZD flat just over 61 USc
A review of things you need to know before you sign off on Thursday; both mortgage & TD rate changes, Crown accounts reveal slowdown, household savings up, swaps firm, NZD firm, & more
25th Jan 24, 3:59pm
19
A review of things you need to know before you sign off on Thursday; both mortgage & TD rate changes, Crown accounts reveal slowdown, household savings up, swaps firm, NZD firm, & more
US equities rise to fresh record high. China surprises with 50bps cut to RRR; Bank of Canada drops tightening bias; Global PMI data support the market. NZ inflation moderates
25th Jan 24, 8:11am
US equities rise to fresh record high. China surprises with 50bps cut to RRR; Bank of Canada drops tightening bias; Global PMI data support the market. NZ inflation moderates
A review of things you need to know before you sign off on Wednesday; inflation falls but still high, real estate agent commissions at 4yr low, credit card use withers, swaps up, NZD forms, & more
24th Jan 24, 3:59pm
56
A review of things you need to know before you sign off on Wednesday; inflation falls but still high, real estate agent commissions at 4yr low, credit card use withers, swaps up, NZD forms, & more
CPI inflation falls to a two year low of 4.7% as food prices decline, albeit domestic inflation tops RBNZ expectations
24th Jan 24, 10:56am
161
CPI inflation falls to a two year low of 4.7% as food prices decline, albeit domestic inflation tops RBNZ expectations