Oil price

Eyes on US non-farm payrolls; US crude stocks fall again, reserves at 43 year low; USMCA not renewed; China PMI rises; Korean exports star; UST 10yr at 4.48%; gold firm and oil down even as Hormuz quiet; NZ$1 = 56.8 USc; TWI-5 = 60.7

Eyes on US non-farm payrolls; US crude stocks fall again, reserves at 43 year low; USMCA not renewed; China PMI rises; Korean exports star; UST 10yr at 4.48%; gold firm and oil down even as Hormuz quiet; NZ$1 = 56.8 USc; TWI-5 = 60.7

US data mixed; Canada grows; China marks time; German inflation eases; eyes on yen; Rocket Lab expands; air cargo activity declines; UST 10yr at 4.43%; gold holds and oil down even as Hormuz quiet; NZ$1 = 56.8 USc; TWI-5 = 60.6

US data mixed; Canada grows; China marks time; German inflation eases; eyes on yen; Rocket Lab expands; air cargo activity declines; UST 10yr at 4.43%; gold holds and oil down even as Hormuz quiet; NZ$1 = 56.8 USc; TWI-5 = 60.6

Businesses more confident as inflation expectations decline, ANZ Business Outlook Survey shows

Businesses more confident as inflation expectations decline, ANZ Business Outlook Survey shows

Japanese retail rises; South Korea all in on AI chipmaking; Singapore & Malaysia struggle with producer prices; global rural outlook looks good; air cargo activity expands; UST 10yr at 4.37%; gold dips and oil up; NZ$1 = 56.5 USc; TWI-5 = 60.4

Japanese retail rises; South Korea all in on AI chipmaking; Singapore & Malaysia struggle with producer prices; global rural outlook looks good; air cargo activity expands; UST 10yr at 4.37%; gold dips and oil up; NZ$1 = 56.5 USc; TWI-5 = 60.4

Tensions turn up in Persian Gulf; China industry profits rise; EU inflation expectations ease; BIS worried; US trade deficit swells; Aussie housing market cools; UST 10yr at 4.37%; gold up and oil firmish; NZ$1 = 56.4 USc; TWI-5 = 60.3

Tensions turn up in Persian Gulf; China industry profits rise; EU inflation expectations ease; BIS worried; US trade deficit swells; Aussie housing market cools; UST 10yr at 4.37%; gold up and oil firmish; NZ$1 = 56.4 USc; TWI-5 = 60.3

US data softens broadly; US tries to help Big Tech from paying taxes in any country; SpaceX delivers losses to investors; 'excessive pricing' tackled; UST 10yr at 4.37%; gold up and oil eases; NZ$1 = 56.4 USc; TWI-5 = 60.3

US data softens broadly; US tries to help Big Tech from paying taxes in any country; SpaceX delivers losses to investors; 'excessive pricing' tackled; UST 10yr at 4.37%; gold up and oil eases; NZ$1 = 56.4 USc; TWI-5 = 60.3

US inflation rises as activity weakens, firms start to 'recover' AI costs, although there are some positive spots; container freight rates rise; UST 10yr at 4.39%; gold up and oil rises after ship attack; NZ$1 = 56.5 USc; TWI-5 = 60.4

US inflation rises as activity weakens, firms start to 'recover' AI costs, although there are some positive spots; container freight rates rise; UST 10yr at 4.39%; gold up and oil rises after ship attack; NZ$1 = 56.5 USc; TWI-5 = 60.4

The opening of Hormuz expected to create new distortions; US data soft; Taiwan data strong; China harvests swell; Aussie inflation stays high; UST 10yr at 4.40%; gold and oil drop hard; NZ$1 = 56.4 USc; TWI-5 = 60.4

The opening of Hormuz expected to create new distortions; US data soft; Taiwan data strong; China harvests swell; Aussie inflation stays high; UST 10yr at 4.40%; gold and oil drop hard; NZ$1 = 56.4 USc; TWI-5 = 60.4

US data mixed but markets fear rate hikes coming; Asian data very good; Australia sees rural exports declining as costs twist commercial decisions; UST 10yr at 4.46%; gold down and oil dips; NZ$1 = 56.7 USc; TWI-5 = 60.6

US data mixed but markets fear rate hikes coming; Asian data very good; Australia sees rural exports declining as costs twist commercial decisions; UST 10yr at 4.46%; gold down and oil dips; NZ$1 = 56.7 USc; TWI-5 = 60.6

US explores stablecoin dominance; Greenspan dies; China FDI weakens again; EU sentiment picks up; Australian housing markets ease and voters approve; UST 10yr at 4.51%; gold firms and oil falls; NZ$1 = 57.1 USc; TWI-5 = 60.9

US explores stablecoin dominance; Greenspan dies; China FDI weakens again; EU sentiment picks up; Australian housing markets ease and voters approve; UST 10yr at 4.51%; gold firms and oil falls; NZ$1 = 57.1 USc; TWI-5 = 60.9

US-Iran talks chaotic; eyes on US PCE inflation; Canada loosens bank capital buffers; Europe swelters; Malaysia stars; Australia extends fuel tax relief; UST 10yr at 4.49%; gold and oil little-changed; NZ$1 = 57.4 USc; TWI-5 = 61.2

US-Iran talks chaotic; eyes on US PCE inflation; Canada loosens bank capital buffers; Europe swelters; Malaysia stars; Australia extends fuel tax relief; UST 10yr at 4.49%; gold and oil little-changed; NZ$1 = 57.4 USc; TWI-5 = 61.2

Middle East mess remains very uncertain; Canada eases bank capital buffers; Malaysia exports zoom; China tariffs hit Aussie beef hard; Russia cuts its policy rate; UST 10yr at 4.49%; gold down but oil up; NZ$1 = 57.4 USc; TWI-5 = 61.2

Middle East mess remains very uncertain; Canada eases bank capital buffers; Malaysia exports zoom; China tariffs hit Aussie beef hard; Russia cuts its policy rate; UST 10yr at 4.49%; gold down but oil up; NZ$1 = 57.4 USc; TWI-5 = 61.2

US & Iran sign MOU, leaving Iran stronger; US data mixed; Canada PPI leaps; many central bank decisions; freight rates rise; Hormuz transits pick up; UST 10yr at 4.44%; gold down and oil down; NZ$1 = 57.6 USc; TWI-5 = 61.3

US & Iran sign MOU, leaving Iran stronger; US data mixed; Canada PPI leaps; many central bank decisions; freight rates rise; Hormuz transits pick up; UST 10yr at 4.44%; gold down and oil down; NZ$1 = 57.6 USc; TWI-5 = 61.3

Economists don’t expect the latest GDP figures to have a large bearing on the Reserve Bank’s OCR outlook but ANZ says likely hike in July is ‘no longer the slam dunk it was’

Economists don’t expect the latest GDP figures to have a large bearing on the Reserve Bank’s OCR outlook but ANZ says likely hike in July is ‘no longer the slam dunk it was’

US walks away from Hormuz in worse position; US Fed shifts to hiking bias; US crude oil stocks dive; Japan & Singapore exports surge; Russia contracts; UST 10yr at 4.46%; gold down and oil up; NZ$1 = 58.2 USc; TWI-5 = 61.8

US walks away from Hormuz in worse position; US Fed shifts to hiking bias; US crude oil stocks dive; Japan & Singapore exports surge; Russia contracts; UST 10yr at 4.46%; gold down and oil up; NZ$1 = 58.2 USc; TWI-5 = 61.8