US$

1st Dec 20, 7:43am
Month-end flows a factor in overnight moves. US equities weaker after a huge month. USD stronger after a poor month. NZD lower after printing a fresh 2½-year high
Month-end flows a factor in overnight moves. US equities weaker after a huge month. USD stronger after a poor month. NZD lower after printing a fresh 2½-year high
1st Dec 20, 7:43am
30th Nov 20, 8:54am
Roger J Kerr reflects on the positives and negatives for New Zealand during a most tumultuous year
Roger J Kerr reflects on the positives and negatives for New Zealand during a most tumultuous year
30th Nov 20, 8:54am
30th Nov 20, 7:38am
Quiet markets on Friday, after Thanksgiving. Equities nudge higher, bond yields lower. USD drifts lower to set a fresh multi-year low. NZD consolidates above 0.70
Quiet markets on Friday, after Thanksgiving. Equities nudge higher, bond yields lower. USD drifts lower to set a fresh multi-year low. NZD consolidates above 0.70
30th Nov 20, 7:38am
27th Nov 20, 7:37am
AstraZeneca to re-run trial after flaws in recent trial. S&P500 futures and Treasury futures little perturbed with US on holiday. NZD hovers around 0.70. Bitcoin plunges
AstraZeneca to re-run trial after flaws in recent trial. S&P500 futures and Treasury futures little perturbed with US on holiday. NZD hovers around 0.70. Bitcoin plunges
27th Nov 20, 7:37am
26th Nov 20, 7:56am
NZD prints new highs, back above 0.70, up 6% for the month to date. Steeper domestic curve as market re-positions for policy outlook. Cautious trading overnight ahead of US holiday
NZD prints new highs, back above 0.70, up 6% for the month to date. Steeper domestic curve as market re-positions for policy outlook. Cautious trading overnight ahead of US holiday
26th Nov 20, 7:56am
25th Nov 20, 7:44am
NZD touches 0.70 overnight amidst broad-based USD weakness. But NZD/AUD back below 0.95, unwinding initial reaction to announcement. Risk-on tone to offshore markets - equities, commodities, rates all higher as Trump consents to transition process
NZD touches 0.70 overnight amidst broad-based USD weakness. But NZD/AUD back below 0.95, unwinding initial reaction to announcement. Risk-on tone to offshore markets - equities, commodities, rates all higher as Trump consents to transition process
25th Nov 20, 7:44am
24th Nov 20, 7:36am
Surprisingly strong US Markit PMI data drives USD higher; NZD falls from fresh 2-year high. GBP outperforms on hope for a trade deal this week
Surprisingly strong US Markit PMI data drives USD higher; NZD falls from fresh 2-year high. GBP outperforms on hope for a trade deal this week
24th Nov 20, 7:36am
23rd Nov 20, 8:22am
Roger J Kerr says the probability of Reserve Bank Governor Adrian Orr making a special statement to jawbone the NZD down overtly and deliberately over the next few weeks has gone up several notches
Roger J Kerr says the probability of Reserve Bank Governor Adrian Orr making a special statement to jawbone the NZD down overtly and deliberately over the next few weeks has gone up several notches
23rd Nov 20, 8:22am
20th Nov 20, 7:50am
New restrictions outweigh positive vaccine news. Global equities and rates push lower. AUD underperforms, sending NZD/AUD to 0.95
New restrictions outweigh positive vaccine news. Global equities and rates push lower. AUD underperforms, sending NZD/AUD to 0.95
20th Nov 20, 7:50am
19th Nov 20, 7:46am
More positive vaccine news supports risk assets. Global equities and rates nudge higher. NZD prints a fresh 20-month high of 0.6940 
More positive vaccine news supports risk assets. Global equities and rates nudge higher. NZD prints a fresh 20-month high of 0.6940 
19th Nov 20, 7:46am
18th Nov 20, 7:46am
A more cautious market, following yesterday's record highs for US equities. Global rates nudge lower. NZD back below 0.69 after touching fresh 20-month high
A more cautious market, following yesterday's record highs for US equities. Global rates nudge lower. NZD back below 0.69 after touching fresh 20-month high
18th Nov 20, 7:46am
17th Nov 20, 7:38am
Moderna announces its Covid-19 vaccine is 94.5% effective. Equities and bond yields spike higher, before paring gains. Rotation continues in US equity market - small caps outperforming tech. USD broadly weaker, NZD moves back towards 0.69
Moderna announces its Covid-19 vaccine is 94.5% effective. Equities and bond yields spike higher, before paring gains. Rotation continues in US equity market - small caps outperforming tech. USD broadly weaker, NZD moves back towards 0.69
17th Nov 20, 7:38am
16th Nov 20, 8:20am
Roger J Kerr says the Reserve Bank are already past that point of no return with too much stimulus for the current and future economic conditions
Roger J Kerr says the Reserve Bank are already past that point of no return with too much stimulus for the current and future economic conditions
16th Nov 20, 8:20am
16th Nov 20, 7:40am
Equities increase further on vaccine optimism, global rates tick higher. NZD flat on Friday, but up more than 1% last week. Brexit in focus this week as talks reach crunch time
Equities increase further on vaccine optimism, global rates tick higher. NZD flat on Friday, but up more than 1% last week. Brexit in focus this week as talks reach crunch time
16th Nov 20, 7:40am
13th Nov 20, 7:41am
Markets take on a more cautious tone overnight. Soft US CPI; US Treasuries rally. Commodity currencies on the soft side
Markets take on a more cautious tone overnight. Soft US CPI; US Treasuries rally. Commodity currencies on the soft side
13th Nov 20, 7:41am
12th Nov 20, 7:50am
NZ rates and NZD surge post RBNZ MPS. No follow-through overnight, as USD recovers. NZD pushes higher on the crosses
NZ rates and NZD surge post RBNZ MPS. No follow-through overnight, as USD recovers. NZD pushes higher on the crosses
12th Nov 20, 7:50am
11th Nov 20, 7:46am
Rotation continues in equity markets - tech stocks underperform, small-cap stocks increase further. Global rates push higher again. Big moves higher in NZ rates yesterday as market pares back OCR rate cut pricing
Rotation continues in equity markets - tech stocks underperform, small-cap stocks increase further. Global rates push higher again. Big moves higher in NZ rates yesterday as market pares back OCR rate cut pricing
11th Nov 20, 7:46am
10th Nov 20, 7:51am
Risk appetite surges on positive vaccine news and US election result. US equities surge to record high. Global yields much higher. Vaccine news must surely weigh on RBNZ policy outlook update tomorrow
Risk appetite surges on positive vaccine news and US election result. US equities surge to record high. Global yields much higher. Vaccine news must surely weigh on RBNZ policy outlook update tomorrow
10th Nov 20, 7:51am
9th Nov 20, 8:29am
Roger J Kerr says any NZ dollar sell-off as a result of Reserve Bank currency jawboning this week will again be very short-lived and not sustainable against the more positive wider forces
Roger J Kerr says any NZ dollar sell-off as a result of Reserve Bank currency jawboning this week will again be very short-lived and not sustainable against the more positive wider forces
9th Nov 20, 8:29am
9th Nov 20, 7:41am
USD remains under pressure, with BBDXY hitting fresh 2½-year low. NZD touches 0.68 for the first time since April 2019. US Treasury yields higher after stronger payrolls report; NZ rates higher on Friday as well. RBNZ MPS in focus this week
USD remains under pressure, with BBDXY hitting fresh 2½-year low. NZD touches 0.68 for the first time since April 2019. US Treasury yields higher after stronger payrolls report; NZ rates higher on Friday as well. RBNZ MPS in focus this week
9th Nov 20, 7:41am
6th Nov 20, 7:53am
Biden on the verge of victory, while Republicans look to hold Senate. Gridlock view supports further strong gains in equities. US Treasuries reverse course, showing modest lift in yields
Biden on the verge of victory, while Republicans look to hold Senate. Gridlock view supports further strong gains in equities. US Treasuries reverse course, showing modest lift in yields
6th Nov 20, 7:53am
5th Nov 20, 7:58am
US equities surge despite, or because of, close election result. Biden likely to win, but Senate too close to call. US Treasuries cheer prospect of less out-of-control spending/debt. NZD volatile but flat at 0.67; mild USD weakness
US equities surge despite, or because of, close election result. Biden likely to win, but Senate too close to call. US Treasuries cheer prospect of less out-of-control spending/debt. NZD volatile but flat at 0.67; mild USD weakness
5th Nov 20, 7:58am
[Updated]
4th Nov 20, 1:07pm
LIVE: US Election results as they come in. America on tenterhooks. Biden now appears close to victory - but the Trump campaign is signalling all sorts of legal challenges
[Updated]
LIVE: US Election results as they come in. America on tenterhooks. Biden now appears close to victory - but the Trump campaign is signalling all sorts of legal challenges
4th Nov 20, 1:07pm
4th Nov 20, 7:59am
Strong risk rally on US election day. Market optimistically assumes a clear-cut, uncontested, result. US equities up 2%, UST10s yield at 4-month high; USD weaker NZD up through 0.67, but underperforms AUD despite RBA easing
Strong risk rally on US election day. Market optimistically assumes a clear-cut, uncontested, result. US equities up 2%, UST10s yield at 4-month high; USD weaker NZD up through 0.67, but underperforms AUD despite RBA easing
4th Nov 20, 7:59am
3rd Nov 20, 7:35am
Equities recover some of last week's hefty losses, ahead of US election. US 10-year rate also reverses course, down 3bps despite strong ISM report. Commodity currencies outperform
Equities recover some of last week's hefty losses, ahead of US election. US 10-year rate also reverses course, down 3bps despite strong ISM report. Commodity currencies outperform
3rd Nov 20, 7:35am

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