OCR

Although the latest CPI inflation data wasn't as worrying as it could have been, economists still see more OCR increases ahead

Although the latest CPI inflation data wasn't as worrying as it could have been, economists still see more OCR increases ahead

Mixed news on Middle East tensions; ideas from mediators conveyed to Iran; Houthis propose maritime blockade for the Red Sea route used by Saudi Arabia; Brent crude currently just under US$90/bbl. US Treasury yields higher

Mixed news on Middle East tensions; ideas from mediators conveyed to Iran; Houthis propose maritime blockade for the Red Sea route used by Saudi Arabia; Brent crude currently just under US$90/bbl. US Treasury yields higher

US and Iran tit-for-tat military attacks increased. Crude rises through Friday night session, up 4½%; expect to see another lurch higher on the Asian open today, Rates and currencies well contained despite the lift in oil prices

US and Iran tit-for-tat military attacks increased. Crude rises through Friday night session, up 4½%; expect to see another lurch higher on the Asian open today, Rates and currencies well contained despite the lift in oil prices

Bank economists are forecasting inflation for the June quarter will reach or crack 4.0%, with Kiwibank saying it’s to be expected that ‘the June quarter inflation numbers will be ugly'

Bank economists are forecasting inflation for the June quarter will reach or crack 4.0%, with Kiwibank saying it’s to be expected that ‘the June quarter inflation numbers will be ugly'

Stats NZ's latest Selected Price Indexes figures show petrol and diesel prices continue to dip month-on-month, food prices still rising with annual milk prices increasing every month for the last two years

Stats NZ's latest Selected Price Indexes figures show petrol and diesel prices continue to dip month-on-month, food prices still rising with annual milk prices increasing every month for the last two years

Market movements well contained with no fresh catalysts to drive price action. US retail sales up modestly, in June as expected. US Treasuries and USD reverse course. Rates slightly higher and USD broadly stronger

Market movements well contained with no fresh catalysts to drive price action. US retail sales up modestly, in June as expected. US Treasuries and USD reverse course. Rates slightly higher and USD broadly stronger

Oil prices flat despite ongoing military strikes near the Strait of Hormuz and warnings of a supply crunch. US PPI data weaker than expected, driving down US rates and the USD; pricing for Fed hikes continues to fade

Oil prices flat despite ongoing military strikes near the Strait of Hormuz and warnings of a supply crunch. US PPI data weaker than expected, driving down US rates and the USD; pricing for Fed hikes continues to fade

Surprise, surprise, Trump backs down on his plan for a 20% Hormuz toll; oil prices pare earlier gains. US CPI for June much softer than expected. NZD well supported after run of data and more hawkish RBNZ stance

Surprise, surprise, Trump backs down on his plan for a 20% Hormuz toll; oil prices pare earlier gains. US CPI for June much softer than expected. NZD well supported after run of data and more hawkish RBNZ stance

‘I don’t want it to become a soap opera’: RBNZ chief economist Paul Conway says Monetary Policy Committee members should be held to account for their views

‘I don’t want it to become a soap opera’: RBNZ chief economist Paul Conway says Monetary Policy Committee members should be held to account for their views

RBNZ chief economist Paul Conway says inflation expectations and price-setting behaviour are ‘critical’ in determining appropriate monetary policy stance

RBNZ chief economist Paul Conway says inflation expectations and price-setting behaviour are ‘critical’ in determining appropriate monetary policy stance

NZIER says QSBO shows the ‘fragile’ economic recovery in June quarter was helped by easing oil crisis, but warns that geopolitical uncertainty and November election will weigh on firms over the coming months

NZIER says QSBO shows the ‘fragile’ economic recovery in June quarter was helped by easing oil crisis, but warns that geopolitical uncertainty and November election will weigh on firms over the coming months

US reinstates blockade on Iran shipping and impose a 20% levy on cargo shipped through the Strait. Waller signals possible rate hike. Oil prices surge. Global central bank tightening back in play and bond yields increase

US reinstates blockade on Iran shipping and impose a 20% levy on cargo shipped through the Strait. Waller signals possible rate hike. Oil prices surge. Global central bank tightening back in play and bond yields increase

Reliance on housing being the sole source of wealth is changing and will continue to change, Reserve Bank Assistant Governor Karen Silk says

Reliance on housing being the sole source of wealth is changing and will continue to change, Reserve Bank Assistant Governor Karen Silk says

RBNZ Assistant Governor Karen Silk says there’s still ‘some pretty good’ monetary stimulus supporting NZ's economy, election not ‘the thing that's front of mind’ when making OCR decisions

RBNZ Assistant Governor Karen Silk says there’s still ‘some pretty good’ monetary stimulus supporting NZ's economy, election not ‘the thing that's front of mind’ when making OCR decisions

US-Iran conflict escalates, but market reaction to hostilities muted, prior to further step up in military action over the weekend. Japanese bonds and yen supported after local investors encouraged to re-allocate towards Japanese assets

US-Iran conflict escalates, but market reaction to hostilities muted, prior to further step up in military action over the weekend. Japanese bonds and yen supported after local investors encouraged to re-allocate towards Japanese assets