RBNZ
Change in Fed’s language was subtle but it did throw a bone to the doves; market still uncertain about QE tapering timeline
1st Aug 13, 8:34am
Change in Fed’s language was subtle but it did throw a bone to the doves; market still uncertain about QE tapering timeline
Dovish outburst from RBA Governor Stevens sends A$ close to full capitulation; RBA rate cut expected next week
31st Jul 13, 9:19am
Dovish outburst from RBA Governor Stevens sends A$ close to full capitulation; RBA rate cut expected next week
Well, so much for the dull and predictable Official Cash Rate review: Forsyth Barr looks at credit markets
30th Jul 13, 5:55pm
Well, so much for the dull and predictable Official Cash Rate review: Forsyth Barr looks at credit markets
Steep decline in Nikkei kick-started ‘risk-off’ tone and sees NZ$ and A$ both weaker; Japan's share market down more than 8.5% since 19 July
30th Jul 13, 8:38am
Steep decline in Nikkei kick-started ‘risk-off’ tone and sees NZ$ and A$ both weaker; Japan's share market down more than 8.5% since 19 July
US FOMC meeting and US payrolls likely to determine sentiment toward the US$ and ‘riskier’ assets such as NZ$; BoE and ECB meet with rate announcements due
29th Jul 13, 7:48am
US FOMC meeting and US payrolls likely to determine sentiment toward the US$ and ‘riskier’ assets such as NZ$; BoE and ECB meet with rate announcements due
A combination of US$ weakness and a more assertive tone in the OCR announcement has NZ$ surging ahead
26th Jul 13, 8:07am
A combination of US$ weakness and a more assertive tone in the OCR announcement has NZ$ surging ahead
Notable volatility in trading when Chinese data was released but NZ$/A$ continued on steady upward path towards its highs in November 2008
25th Jul 13, 8:09am
Notable volatility in trading when Chinese data was released but NZ$/A$ continued on steady upward path towards its highs in November 2008
Market not expecting OCR hike while housing, inflation and the strength of the NZ$ are likely to feature in the heavily scrutinised review
24th Jul 13, 11:44am
Market not expecting OCR hike while housing, inflation and the strength of the NZ$ are likely to feature in the heavily scrutinised review
Speculators positive on US$ as upbeat US economic data and more optimistic sentiment pulled US bond yields and equities higher
19th Jul 13, 8:23am
Speculators positive on US$ as upbeat US economic data and more optimistic sentiment pulled US bond yields and equities higher
Bernanke’s testimony stresses any reduction in bond buying program is highly conditional on the strength of the US economy
18th Jul 13, 8:01am
Bernanke’s testimony stresses any reduction in bond buying program is highly conditional on the strength of the US economy
Investors sell down US$ positions ahead of Bernanke's Congressional Testimony while the latest Fonterra auction has prices up 4.9% bolstering NZ$ sentiment
17th Jul 13, 8:22am
Investors sell down US$ positions ahead of Bernanke's Congressional Testimony while the latest Fonterra auction has prices up 4.9% bolstering NZ$ sentiment
Market left dazed and confused after Fed comments surrounding the removal of its US$85 bln/month bond buying programme
16th Jul 13, 9:31am
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Market left dazed and confused after Fed comments surrounding the removal of its US$85 bln/month bond buying programme
Reports suggest the RBNZ may introduce LVR restrictions earlier than expected and these could be more aggressive than first thought
16th Jul 13, 8:32am
Reports suggest the RBNZ may introduce LVR restrictions earlier than expected and these could be more aggressive than first thought
Markets to and fro over the expected timing of Fed QE ‘tapering’ and investors will seek clarity from Bernanke's testimony this week
15th Jul 13, 8:33am
Markets to and fro over the expected timing of Fed QE ‘tapering’ and investors will seek clarity from Bernanke's testimony this week
US$ index plunges after comments by Bernanke in Q&A session which market took as being a more dovish tone
12th Jul 13, 8:15am
US$ index plunges after comments by Bernanke in Q&A session which market took as being a more dovish tone
FOMC members want to see further labour market improvement before tapering back bond purchase program
11th Jul 13, 7:59am
FOMC members want to see further labour market improvement before tapering back bond purchase program
US equities extend winning streak as Alcoa, the traditional earnings bellweather stock beat analyst expectations; NZ$ strongest performer against peers
10th Jul 13, 8:03am
US equities extend winning streak as Alcoa, the traditional earnings bellweather stock beat analyst expectations; NZ$ strongest performer against peers
Swap rates are increasing due to a lift in hedging activity (households and businesses) and a more positive economic outlook for NZ and US
9th Jul 13, 9:56am
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Swap rates are increasing due to a lift in hedging activity (households and businesses) and a more positive economic outlook for NZ and US
NZ’s superior fundamentals and RBNZ’s more hawkish stance continues to exert upward pressure on GBP and EUR
9th Jul 13, 8:45am
NZ’s superior fundamentals and RBNZ’s more hawkish stance continues to exert upward pressure on GBP and EUR
Strong Non-Farm payroll data and upward revisions to previous months sees NZ$/US$ below 77 cent mark
8th Jul 13, 8:35am
Strong Non-Farm payroll data and upward revisions to previous months sees NZ$/US$ below 77 cent mark
BoE and ECB provide unprecedented step of offering ‘forward guidance’ in what many will see as the latest skirmish in the ‘currency wars’
5th Jul 13, 8:19am
BoE and ECB provide unprecedented step of offering ‘forward guidance’ in what many will see as the latest skirmish in the ‘currency wars’
Unexpected remarks from RBA governor Stevens provided real kick in the guts
4th Jul 13, 8:31am
Unexpected remarks from RBA governor Stevens provided real kick in the guts
RBA says “It is possible that the exchange rate will depreciate further over time, which would help to foster a rebalancing of growth in the economy”
3rd Jul 13, 7:51am
RBA says “It is possible that the exchange rate will depreciate further over time, which would help to foster a rebalancing of growth in the economy”
Forsyth Barr reviews countries who have implemented LVR restrictions; finds mixed results but encouraging signs for the RBNZ
2nd Jul 13, 9:04am
Forsyth Barr reviews countries who have implemented LVR restrictions; finds mixed results but encouraging signs for the RBNZ
Risk sentiment turns positive as Chinese interbank liquidity fears ease and better economic data restores faith in global recovery
2nd Jul 13, 8:19am
Risk sentiment turns positive as Chinese interbank liquidity fears ease and better economic data restores faith in global recovery