NZD
Market shrugs off stronger than expected US employment report. US equities reverse early session gains to log another up-week
5th Dec 22, 7:54am
Market shrugs off stronger than expected US employment report. US equities reverse early session gains to log another up-week
Preliminary eurozone inflation softer than expected. NZDEUR higher. AUD monthly CPI also softer, NZDAUD regrouping to challenge 93 AUc
1st Dec 22, 8:10am
Preliminary eurozone inflation softer than expected. NZDEUR higher. AUD monthly CPI also softer, NZDAUD regrouping to challenge 93 AUc
NZD recoups Monday's losses, climbs through 0.6250, then eases. Country-level inflation for EU members softer than expected
30th Nov 22, 7:57am
NZD recoups Monday's losses, climbs through 0.6250, then eases. Country-level inflation for EU members softer than expected
Protests continue in China - will Xi relent and ease lockdowns? December seasonals support higher risk assets - will the rally resume?
29th Nov 22, 8:00am
Protests continue in China - will Xi relent and ease lockdowns? December seasonals support higher risk assets - will the rally resume?
Thanksgiving boost; a solid week for US equities and other risk assets. Social unrest in China over the weekend, lockdown protesters take to the streets
28th Nov 22, 8:01am
Thanksgiving boost; a solid week for US equities and other risk assets. Social unrest in China over the weekend, lockdown protesters take to the streets
American Thanksgiving week is typically a good week for risk assets, and so far that is holding in 2022
25th Nov 22, 8:34am
1
American Thanksgiving week is typically a good week for risk assets, and so far that is holding in 2022
Globally, risk-assets extend higher on encouraging soft US data. Locally, RBNZ lifts by a historic +75bps, lifts terminal rate, and projects recession
24th Nov 22, 8:02am
Globally, risk-assets extend higher on encouraging soft US data. Locally, RBNZ lifts by a historic +75bps, lifts terminal rate, and projects recession
China’s Covid numbers continue to climb, nearing daily record highs. Fed-speak and China-Covid headlines the two key drivers. Key event: RBNZ to hike today – will it be 75bps or 50bps?
23rd Nov 22, 8:03am
1
China’s Covid numbers continue to climb, nearing daily record highs. Fed-speak and China-Covid headlines the two key drivers. Key event: RBNZ to hike today – will it be 75bps or 50bps?
Surging China COVID numbers, and reported fatality causes souring sentiment. Crude oil and other commodities extend lower on China pandemic and recession fears
22nd Nov 22, 8:32am
Surging China COVID numbers, and reported fatality causes souring sentiment. Crude oil and other commodities extend lower on China pandemic and recession fears
US equities log modest weekly declines, holding up well against hawkish Fed-speak. Markets look to be entering a holding pattern ahead of decisive year-end moves. NZD may rise during US Thanksgiving, and RBNZ hike
21st Nov 22, 8:19am
US equities log modest weekly declines, holding up well against hawkish Fed-speak. Markets look to be entering a holding pattern ahead of decisive year-end moves. NZD may rise during US Thanksgiving, and RBNZ hike
St. Louis Fed President Bullard challenges market assumptions that tamer rate hikes are what can be tolerated, argues for sharper and earlier hikes. He is a hawkish FOMC voting member
18th Nov 22, 8:04am
St. Louis Fed President Bullard challenges market assumptions that tamer rate hikes are what can be tolerated, argues for sharper and earlier hikes. He is a hawkish FOMC voting member
The fierce rebound in risk assets that commenced in mid-October is exhausting, the velocity of gains slowing in recent days as price action trades in relatively smaller daily ranges
17th Nov 22, 8:47am
The fierce rebound in risk assets that commenced in mid-October is exhausting, the velocity of gains slowing in recent days as price action trades in relatively smaller daily ranges
The NZD rises as global markets like what they see in inflation's tracks, expecting central banks to ease off the rate hike accelerators - despite what Fed speakers are still saying
16th Nov 22, 8:36am
The NZD rises as global markets like what they see in inflation's tracks, expecting central banks to ease off the rate hike accelerators - despite what Fed speakers are still saying
Despite market enthusiasm for a rate hike pause or a pace reduction, US Fed officials reinforce that their policy rates will keep rising until inflation is back under control
15th Nov 22, 9:53am
2
Despite market enthusiasm for a rate hike pause or a pace reduction, US Fed officials reinforce that their policy rates will keep rising until inflation is back under control
NZ dollar drops four places to world's 14th most traded currency after 12 years in 10th place
28th Oct 22, 9:49am
10
NZ dollar drops four places to world's 14th most traded currency after 12 years in 10th place
[updated]
Based on NZ's transactions with the rest of the world, our dollar is 22% overvalued, the Institute of International Finance says
30th Sep 22, 11:16am
81
Based on NZ's transactions with the rest of the world, our dollar is 22% overvalued, the Institute of International Finance says
With a weak NZ dollar harming the outlook for imported inflation, could the RBNZ be tempted to intervene to try and prop the NZ dollar up?
29th Sep 22, 1:15pm
35
With a weak NZ dollar harming the outlook for imported inflation, could the RBNZ be tempted to intervene to try and prop the NZ dollar up?
Reserve Bank lifts Official Cash Rate for first time in 7 years to 0.50% as widely expected
6th Oct 21, 2:05pm
117
Reserve Bank lifts Official Cash Rate for first time in 7 years to 0.50% as widely expected
Bank economists respond to a hawkish RBNZ, picking an OCR hike for August, but opinion remains divided over whether the economy needs cooling just yet
14th Jul 21, 7:09pm
62
Bank economists respond to a hawkish RBNZ, picking an OCR hike for August, but opinion remains divided over whether the economy needs cooling just yet
Reserve Bank to halt bond-buying using newly printed money by next week; OCR and Funding for Lending Programme unchanged
14th Jul 21, 2:13pm
48
Reserve Bank to halt bond-buying using newly printed money by next week; OCR and Funding for Lending Programme unchanged
NZ dollar falls as Adrian Orr says the Monetary Policy Committee is 'only focussed' on its inflation and employment targets
26th Feb 21, 2:08pm
117
NZ dollar falls as Adrian Orr says the Monetary Policy Committee is 'only focussed' on its inflation and employment targets
Requirement for RBNZ to consider house prices when setting monetary policy sees financial markets do the opposite of what the RBNZ wants - bet on higher interest rates
25th Feb 21, 5:00pm
61
Requirement for RBNZ to consider house prices when setting monetary policy sees financial markets do the opposite of what the RBNZ wants - bet on higher interest rates
Westpac's senior market strategist Imre Speizer takes a look at past elections to see how the Kiwi dollar reacted to election uncertainty, and what we can expect leading up to our imminent poll
4th Oct 20, 10:36am
Westpac's senior market strategist Imre Speizer takes a look at past elections to see how the Kiwi dollar reacted to election uncertainty, and what we can expect leading up to our imminent poll
Economists forecast that GDP figures out this week will show growth in the September quarter came in above Reserve Bank expectations
16th Dec 19, 1:02pm
1
Economists forecast that GDP figures out this week will show growth in the September quarter came in above Reserve Bank expectations
Kiwibank economists say monetary policy is proving ineffective without fiscal support and we need 'strong, wise and expansive fiscal policy'
19th Sep 19, 11:02am
56
Kiwibank economists say monetary policy is proving ineffective without fiscal support and we need 'strong, wise and expansive fiscal policy'