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US equity markets retrace from record intra-day high. Yen declines after Bank of Japan meeting. US dollar on track for first monthly gain this year
1st Aug 25, 7:56am
US equity markets retrace from record intra-day high. Yen declines after Bank of Japan meeting. US dollar on track for first monthly gain this year
Fed keeps policy unchanged. US economy bounces back 3% in Q2 after 0.5% contraction in Q1; core PCE deflator higher than expected. Data pushes up USD and US rates
31st Jul 25, 7:54am
Fed keeps policy unchanged. US economy bounces back 3% in Q2 after 0.5% contraction in Q1; core PCE deflator higher than expected. Data pushes up USD and US rates
Decent rally in US Treasuries overnight, with various drivers at play. US-China end trade talks. China says both sides agree on maintaining the truce. Oil prices up nearly 4%. IMF upgrades global growth outlook
30th Jul 25, 7:50am
Decent rally in US Treasuries overnight, with various drivers at play. US-China end trade talks. China says both sides agree on maintaining the truce. Oil prices up nearly 4%. IMF upgrades global growth outlook
Early joy on US-EU trade deal quickly evaporates, with euro slumping 1.3%; European equities and rates down modestly. USD broadly stronger. Oil rises
29th Jul 25, 7:52am
Early joy on US-EU trade deal quickly evaporates, with euro slumping 1.3%; European equities and rates down modestly. USD broadly stronger. Oil rises
Roger J Kerr says a global trade scenario is emerging that could be of real benefit to New Zealand as an export-reliant economy
28th Jul 25, 9:02am
Roger J Kerr says a global trade scenario is emerging that could be of real benefit to New Zealand as an export-reliant economy
S&P500 advances to another record high close. US and EU announce trade agreement. Bond markets subdued. Global markets look ahead to first-tier economic releases and central bank meetings
28th Jul 25, 7:23am
S&P500 advances to another record high close. US and EU announce trade agreement. Bond markets subdued. Global markets look ahead to first-tier economic releases and central bank meetings
ECB leave rates on hold and suggests the bar is raised for additional easing. German bond yields move higher led by the front end of the curve. Upbeat risk sentiment contributes to further gains for global equities
25th Jul 25, 7:44am
ECB leave rates on hold and suggests the bar is raised for additional easing. German bond yields move higher led by the front end of the curve. Upbeat risk sentiment contributes to further gains for global equities
Growing optimism of US trade deals with key partners supports risk sentiment. US reaches agreement with Japan on tariffs and a deal with the EU appears close. Equity markets gain and global bond yields higher
24th Jul 25, 7:57am
Growing optimism of US trade deals with key partners supports risk sentiment. US reaches agreement with Japan on tariffs and a deal with the EU appears close. Equity markets gain and global bond yields higher
US dollar extends recent decline. Bessent offers supportive comments for Fed Chair Powell. Global bond yields lower led by 10-year US treasury yields
23rd Jul 25, 7:53am
US dollar extends recent decline. Bessent offers supportive comments for Fed Chair Powell. Global bond yields lower led by 10-year US treasury yields
S&P500 hits another record high. US Treasury yields decline and US dollar weaker against G10 currencies. Yen gains following the Japanese election
22nd Jul 25, 7:54am
S&P500 hits another record high. US Treasury yields decline and US dollar weaker against G10 currencies. Yen gains following the Japanese election
Roger J Kerr says if US inflation doesn't increase to levels feared by the Federal Reserve and financial market participants, due to Trump's import tariffs, their interest rates will be cut earlier and larger this year – devaluing the US dollar’s value
21st Jul 25, 8:31am
Roger J Kerr says if US inflation doesn't increase to levels feared by the Federal Reserve and financial market participants, due to Trump's import tariffs, their interest rates will be cut earlier and larger this year – devaluing the US dollar’s value
Trump hardens his position on EU tariffs. Markets see no chance of a US July rate cut despite Trump's shouting. Political uncertainty in Japan
21st Jul 25, 7:36am
Trump hardens his position on EU tariffs. Markets see no chance of a US July rate cut despite Trump's shouting. Political uncertainty in Japan
Stronger than expected US economic data, including retail sales, support US equities and the USD. Little net impact on the bond market
18th Jul 25, 7:52am
Stronger than expected US economic data, including retail sales, support US equities and the USD. Little net impact on the bond market
US PPI data undershoots, supporting Treasury market but notable steepening in yield curve. Markets volatile after report Trump discussed firing Fed Chair Powell, but then he walked it back
17th Jul 25, 7:49am
US PPI data undershoots, supporting Treasury market but notable steepening in yield curve. Markets volatile after report Trump discussed firing Fed Chair Powell, but then he walked it back
US CPI data showing the expected signs of increased tariffs feeding into higher inflation. Market pares scope for Fed easing this year; US Treasury rates higher across the curve
16th Jul 25, 7:46am
US CPI data showing the expected signs of increased tariffs feeding into higher inflation. Market pares scope for Fed easing this year; US Treasury rates higher across the curve