OCR
ASB is the latest follower to cut fixed mortgage rates, but not to any level that beats the earlier movers
3rd Oct 25, 9:22am
ASB is the latest follower to cut fixed mortgage rates, but not to any level that beats the earlier movers
Markets show only modest movements amidst a US government shutdown. US equities flat; US Treasuries trade narrow ranges; USD slightly stronger; oil prices lower for a fourth consecutive day
3rd Oct 25, 7:50am
Markets show only modest movements amidst a US government shutdown. US equities flat; US Treasuries trade narrow ranges; USD slightly stronger; oil prices lower for a fourth consecutive day
Westpac cuts and claims market-leading rate levels for fixed rate home loans for almost all its terms. It has cut term deposit rates too
2nd Oct 25, 4:30pm
5
Westpac cuts and claims market-leading rate levels for fixed rate home loans for almost all its terms. It has cut term deposit rates too
US government shutdown takes effect. Risk sentiment resilient. US equities recover from an initial dip and solid gains for European indices. ADP payrolls weaker than expected contributing to a rally for US treasuries
2nd Oct 25, 7:47am
US government shutdown takes effect. Risk sentiment resilient. US equities recover from an initial dip and solid gains for European indices. ADP payrolls weaker than expected contributing to a rally for US treasuries
Our largest home loan lender strikes with wide-ranging rate cuts, grabbing market-leading levels across all the popular fixed terms - except two years. Term deposit savers suffer matching cuts
1st Oct 25, 5:56pm
4
Our largest home loan lender strikes with wide-ranging rate cuts, grabbing market-leading levels across all the popular fixed terms - except two years. Term deposit savers suffer matching cuts
US equities little changed as hopes for a last-minute deal to avoid a government shutdown fade. Oil extends recent decline. Limited movement across bond and currency markets. RBA leaves rates on hold and adopts more hawkish tone
1st Oct 25, 7:53am
US equities little changed as hopes for a last-minute deal to avoid a government shutdown fade. Oil extends recent decline. Limited movement across bond and currency markets. RBA leaves rates on hold and adopts more hawkish tone
[updated]
BNZ cuts one year mortgage rate to 4.49%, a significant level below its main rivals. It also cut its Rapid Saver savings account rate
30th Sep 25, 8:54am
18
BNZ cuts one year mortgage rate to 4.49%, a significant level below its main rivals. It also cut its Rapid Saver savings account rate
Prediction markets put the risk of US shutdown at 70% which could delay key economic reports. The uncertainty supports US treasuries and gold reached a fresh record high. Oil falls on OPEC+ plans to increase supply
30th Sep 25, 7:51am
Prediction markets put the risk of US shutdown at 70% which could delay key economic reports. The uncertainty supports US treasuries and gold reached a fresh record high. Oil falls on OPEC+ plans to increase supply
S&P500 closes higher breaking a three day losing streak. US real spending beats expectations continuing the run of firm data. Core PCE deflator in line with consensus estimate
29th Sep 25, 7:34am
S&P500 closes higher breaking a three day losing streak. US real spending beats expectations continuing the run of firm data. Core PCE deflator in line with consensus estimate
Stronger than expected US economic data drove higher US rates, as markets pared scope for easier monetary policy. US equities are weaker for the third successive day. Broad gains in the USD
26th Sep 25, 8:00am
Stronger than expected US economic data drove higher US rates, as markets pared scope for easier monetary policy. US equities are weaker for the third successive day. Broad gains in the USD
ANZ's economists are picking shorter term interest rates to go lower but warn the easing cycle won't last forever
25th Sep 25, 3:05pm
28
ANZ's economists are picking shorter term interest rates to go lower but warn the easing cycle won't last forever
Markets in cautious tone with modest falls in US equities and modestly higher US Treasury yields. The USD is broadly stronger and the NZD has underperformed. A hotter than expected Australian CPI pushed out RBA rate cut expectations
25th Sep 25, 7:57am
Markets in cautious tone with modest falls in US equities and modestly higher US Treasury yields. The USD is broadly stronger and the NZD has underperformed. A hotter than expected Australian CPI pushed out RBA rate cut expectations
Westpac McDermott Miller Employment Confidence Survey shows that despite a slight lift, confidence remains at the low levels seen in the aftermath of the first Covid lockdown in 2020
24th Sep 25, 9:00am
1
Westpac McDermott Miller Employment Confidence Survey shows that despite a slight lift, confidence remains at the low levels seen in the aftermath of the first Covid lockdown in 2020
The belated release of official data showing the economy tanked during the June quarter has put the Reserve Bank under great pressure again and highlights how much we need more timely economic information
24th Sep 25, 8:09am
36
The belated release of official data showing the economy tanked during the June quarter has put the Reserve Bank under great pressure again and highlights how much we need more timely economic information
Fed Chair Powell’s speech didn't provide fresh information on the policy outlook. US advance PMIs showed economic activity is holding up well. PMI readings mixed for Europeans
24th Sep 25, 7:52am
Fed Chair Powell’s speech didn't provide fresh information on the policy outlook. US advance PMIs showed economic activity is holding up well. PMI readings mixed for Europeans