USD
[updated]
Long-dated US treasury yields continue eye-watering ascent, 10-yr closes near 4.50%. US equity markets higher, logging best week since November 2023
14th Apr 25, 7:52am
Long-dated US treasury yields continue eye-watering ascent, 10-yr closes near 4.50%. US equity markets higher, logging best week since November 2023
Markets dismiss latest US tariff announcements in sign of tariff fatigue. Market impact contained to auto & transport stocks. Currencies, commodities, bond rates stay within tight ranges
28th Mar 25, 8:44am
Markets dismiss latest US tariff announcements in sign of tariff fatigue. Market impact contained to auto & transport stocks. Currencies, commodities, bond rates stay within tight ranges
Dovish FOMC reaction fades, DXY probing top of recent range. Trump comments on tariff flexibility. Greer to speak with China this week. Market to trade in a holding pattern ahead of April 2 tariff announcement
24th Mar 25, 8:36am
Dovish FOMC reaction fades, DXY probing top of recent range. Trump comments on tariff flexibility. Greer to speak with China this week. Market to trade in a holding pattern ahead of April 2 tariff announcement
US producer prices data stable but PCE inputs suggest a higher PCE release. Trump threatens 200% tariffs on French alcohol beverage exports. Risk assets resume their slide, US equity sell-off looking uglier by the day
14th Mar 25, 7:41am
US producer prices data stable but PCE inputs suggest a higher PCE release. Trump threatens 200% tariffs on French alcohol beverage exports. Risk assets resume their slide, US equity sell-off looking uglier by the day
Capital Economics revises down its forecast for the NZ dollar this year and sticks to its view the Reserve Bank will need to cut the OCR further than currently expected
26th Feb 25, 9:51am
24
Capital Economics revises down its forecast for the NZ dollar this year and sticks to its view the Reserve Bank will need to cut the OCR further than currently expected
Markets await US tariff rollout. Euro initially stronger on German election result before handing back gains. Domestic NZ retail sales logs largest QoQ gain in three years
25th Feb 25, 7:44am
Markets await US tariff rollout. Euro initially stronger on German election result before handing back gains. Domestic NZ retail sales logs largest QoQ gain in three years
RBNZ delivers as expected, 3rd straight 50-bps cut; terminal rate brought forward. UK CPI runs hotter than expected. USD pullback appears to have halted as market awaits next key directional catalyst
20th Feb 25, 7:53am
RBNZ delivers as expected, 3rd straight 50-bps cut; terminal rate brought forward. UK CPI runs hotter than expected. USD pullback appears to have halted as market awaits next key directional catalyst
US PMIs impressive; US equities, oil and gold all rise, UST yields dip. EU & UK PMIs underwhelm. Eurozone services PMI contractionary for first time in 11 mths
25th Nov 24, 8:10am
1
US PMIs impressive; US equities, oil and gold all rise, UST yields dip. EU & UK PMIs underwhelm. Eurozone services PMI contractionary for first time in 11 mths
US jobs report burt by hurricanes & strikes, just 12,000 jobs added. UST yields & dollar initially drop before reversing to log bullish close. A momentous week ahead; US election and FOMC to deliver volatility step-up
4th Nov 24, 7:34am
US jobs report burt by hurricanes & strikes, just 12,000 jobs added. UST yields & dollar initially drop before reversing to log bullish close. A momentous week ahead; US election and FOMC to deliver volatility step-up
US 10yr note yield at highest level since July. USD stronger across the board. Geopolitics and US election race to influence this week's directional moves
22nd Oct 24, 7:56am
US 10yr note yield at highest level since July. USD stronger across the board. Geopolitics and US election race to influence this week's directional moves
Is US exceptionalism back? US economy a notable outperformer. FOMC minutes confirm majority favoured a 50 bps cut, with a few preferring 25 bps
14th Oct 24, 7:20am
1
Is US exceptionalism back? US economy a notable outperformer. FOMC minutes confirm majority favoured a 50 bps cut, with a few preferring 25 bps
Blowout US jobs report, NFP sharply higher, jobless rate falls from 4.2% to 4.1%. Rates markets hawkishly reprice, stripping out odds of 50bps of November cut. US treasury yields and the dollar rip higher
7th Oct 24, 9:04am
Blowout US jobs report, NFP sharply higher, jobless rate falls from 4.2% to 4.1%. Rates markets hawkishly reprice, stripping out odds of 50bps of November cut. US treasury yields and the dollar rip higher
Positive risk sentiment reigns, commodities, pro-cyclical currencies stronger. ECB delivers widely expected 25bps cut; projected to cut once more in 2024
13th Sep 24, 7:43am
Positive risk sentiment reigns, commodities, pro-cyclical currencies stronger. ECB delivers widely expected 25bps cut; projected to cut once more in 2024
September has been a horrendous month for US equities, with the S&P500 falling in the previous four. When Wall Street returns, there will also be a busy week of US data, ending with the US labour market update
3rd Sep 24, 7:53am
September has been a horrendous month for US equities, with the S&P500 falling in the previous four. When Wall Street returns, there will also be a busy week of US data, ending with the US labour market update
US dollar & treasury yields track higher despite marginal PCE miss. Tokyo CPI runs hotter-than-expected adding weight to case for a Japan October rate hike. ECB likely to cut in September. RBA not cutting
2nd Sep 24, 8:39am
US dollar & treasury yields track higher despite marginal PCE miss. Tokyo CPI runs hotter-than-expected adding weight to case for a Japan October rate hike. ECB likely to cut in September. RBA not cutting