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Yen

17th May 21, 7:52am
Some softer US activity data, but risk appetite ends the week on a stronger note. More soothing words from the Fed. Broad USD weakness; NZD gains 1% Friday night to 0.7250. UST10 yields drift lower
Some softer US activity data, but risk appetite ends the week on a stronger note. More soothing words from the Fed. Broad USD weakness; NZD gains 1% Friday night to 0.7250. UST10 yields drift lower
17th May 21, 7:52am
14th May 21, 8:02am
US equity markets recover. US 10-year rate moves back to 1.66%. Fed officials continue to claim current inflation pressures will be temporary. NZ 10-year swap rate breaks above 2% for the first time since March
US equity markets recover. US 10-year rate moves back to 1.66%. Fed officials continue to claim current inflation pressures will be temporary. NZ 10-year swap rate breaks above 2% for the first time since March
14th May 21, 8:02am
13th May 21, 8:00am
Game over...or is it? US CPI inflation an absolute shocker. Vice chair Clarida still runs the party line "it's transitory". US equities tumble, US 10-year rate pushes up to 1.69%. Risk-off move sees USD strength
Game over...or is it? US CPI inflation an absolute shocker. Vice chair Clarida still runs the party line "it's transitory". US equities tumble, US 10-year rate pushes up to 1.69%. Risk-off move sees USD strength
13th May 21, 8:00am
12th May 21, 7:46am
US equities fall again, but this time not led by tech sector. US 10-year rate drifts higher. Only modest currency moves; NZD and AUD track sideways. More spending in Australian Budget
US equities fall again, but this time not led by tech sector. US 10-year rate drifts higher. Only modest currency moves; NZD and AUD track sideways. More spending in Australian Budget
12th May 21, 7:46am
11th May 21, 7:37am
Inflation expectations continue to rise, US 10y BEIs up to a fresh 8-year high; industrial commodity prices stretch higher. Further rotation out of tech stocks into "value". GBP gains over 1% post Scottish elections
Inflation expectations continue to rise, US 10y BEIs up to a fresh 8-year high; industrial commodity prices stretch higher. Further rotation out of tech stocks into "value". GBP gains over 1% post Scottish elections
11th May 21, 7:37am
10th May 21, 7:45am
Payrolls much weaker than expected fuelling expectations the Fed will stick to its ultra-accommodative stance. Commodity prices continue to surge - copper hits record high. US 10-year breakeven inflation breaks above 2.5
Payrolls much weaker than expected fuelling expectations the Fed will stick to its ultra-accommodative stance. Commodity prices continue to surge - copper hits record high. US 10-year breakeven inflation breaks above 2.5
10th May 21, 7:45am
7th May 21, 7:57am
Equity and bond markets quiet ahead of payrolls tonight. Commodity prices remain strong; iron ore spot price trades above $200. USD weaker overnight. AUD and NZD recover overnight from yesterday's mid-afternoon sell-of
Equity and bond markets quiet ahead of payrolls tonight. Commodity prices remain strong; iron ore spot price trades above $200. USD weaker overnight. AUD and NZD recover overnight from yesterday's mid-afternoon sell-of
7th May 21, 7:57am
6th May 21, 7:43am
US equities, rates and USD track broadly sideways ahead of payrolls tomorrow night. US inflation expectations push higher. Commodity currencies outperform
US equities, rates and USD track broadly sideways ahead of payrolls tomorrow night. US inflation expectations push higher. Commodity currencies outperform
6th May 21, 7:43am
5th May 21, 7:49am
Rotation out of big tech drags down US equity indices. Negative risk sentiment weighed by Yellen talk of possible rise in rates. US 10-year Treasury rate drifts lower. Safe haven currencies outperform - NZD and AUD show notable fall
Rotation out of big tech drags down US equity indices. Negative risk sentiment weighed by Yellen talk of possible rise in rates. US 10-year Treasury rate drifts lower. Safe haven currencies outperform - NZD and AUD show notable fall
5th May 21, 7:49am
4th May 21, 7:46am
US ISM manufacturing weaker, but with noted supply issues and inflationary pressures. Some reversal of Friday's move - US equities higher, USD lower
US ISM manufacturing weaker, but with noted supply issues and inflationary pressures. Some reversal of Friday's move - US equities higher, USD lower
4th May 21, 7:46am
3rd May 21, 9:09am
A weak end to a strong April for US equities. Wealth of data points to stronger US growth and inflation pressure. USTs drift lower in yield, USD shows broadly based rebound
A weak end to a strong April for US equities. Wealth of data points to stronger US growth and inflation pressure. USTs drift lower in yield, USD shows broadly based rebound
3rd May 21, 9:09am
30th Apr 21, 7:51am
US equities rise to fresh record high on solid economic data and strong earnings season. US Treasury yields push a little higher; break-even inflation rate at fresh 8-year high; Copper breaks $10,000. Despite all that, NZD pulls back
US equities rise to fresh record high on solid economic data and strong earnings season. US Treasury yields push a little higher; break-even inflation rate at fresh 8-year high; Copper breaks $10,000. Despite all that, NZD pulls back
30th Apr 21, 7:51am
29th Apr 21, 8:04am
US Fed upgrades economic assessment but remains dovish on the policy outlook. USD broadly weaker pre and post FOMC announcement. USTs range trade, US equities a touch higher. NZD outperforms, up 0.7% to 0.7260
US Fed upgrades economic assessment but remains dovish on the policy outlook. USD broadly weaker pre and post FOMC announcement. USTs range trade, US equities a touch higher. NZD outperforms, up 0.7% to 0.7260
29th Apr 21, 8:04am
28th Apr 21, 8:01am
S&P500 flat around record high. US 10-year rate trends higher, up 5bps, with higher supply and commodity prices in the mix. NZD and AUD head lower despite positive commodity price backdrop. FOMC policy update in less than 24 hours
S&P500 flat around record high. US 10-year rate trends higher, up 5bps, with higher supply and commodity prices in the mix. NZD and AUD head lower despite positive commodity price backdrop. FOMC policy update in less than 24 hours
28th Apr 21, 8:01am
27th Apr 21, 7:55am
Risk sentiment higher from Friday on positive economic data. US equities track close to record high but bond markets flat. NZD and AUD well supported, up to 0.7240 and above 0.78 respectively. Big week ahead for economic data and other events
Risk sentiment higher from Friday on positive economic data. US equities track close to record high but bond markets flat. NZD and AUD well supported, up to 0.7240 and above 0.78 respectively. Big week ahead for economic data and other events
27th Apr 21, 7:55am
23rd Apr 21, 7:56am
Equities fall after reports that Biden will hike capital gains tax. Little change in global rates. ECB President Lagarde pushes back at taper talk. More cautious risk appetite sees USD stronger
Equities fall after reports that Biden will hike capital gains tax. Little change in global rates. ECB President Lagarde pushes back at taper talk. More cautious risk appetite sees USD stronger
23rd Apr 21, 7:56am
22nd Apr 21, 7:43am
Equity markets higher overnight, rates track sideways. Bank of Canada tapers QE, expects conditions for rate hikes to be met in H2 2022. CAD up almost 1%, dragging up NZD and AUD
Equity markets higher overnight, rates track sideways. Bank of Canada tapers QE, expects conditions for rate hikes to be met in H2 2022. CAD up almost 1%, dragging up NZD and AUD
22nd Apr 21, 7:43am
21st Apr 21, 7:54am
Markets trade with a more cautious tone. Equities and bond yields fall, USD appreciates. NZD breaks above 0.72 yesterday, but back at 0.7170 now. NZ CPI today and Bank of Canada meeting tonight
Markets trade with a more cautious tone. Equities and bond yields fall, USD appreciates. NZD breaks above 0.72 yesterday, but back at 0.7170 now. NZ CPI today and Bank of Canada meeting tonight
21st Apr 21, 7:54am
20th Apr 21, 7:53am
USD remains under pressure. EUR breaks above 1.20, NZD approaches 0.72. Equities pull back, global rates drift higher 
USD remains under pressure. EUR breaks above 1.20, NZD approaches 0.72. Equities pull back, global rates drift higher 
20th Apr 21, 7:53am
19th Apr 21, 7:49am
NZD and AUD ease back on Friday after a strong week. Not much market-moving news on Friday. Equities continue to grind higher, USD lower. US rates stabilise
NZD and AUD ease back on Friday after a strong week. Not much market-moving news on Friday. Equities continue to grind higher, USD lower. US rates stabilise
19th Apr 21, 7:49am
16th Apr 21, 7:13am
Very strong economic data over the past 24 hours. Yet global rates tumble; US 10-year -10bps to 1.53%. Lower rates and strong data a goldilocks combination for equities; new highs for S&P500.
Very strong economic data over the past 24 hours. Yet global rates tumble; US 10-year -10bps to 1.53%. Lower rates and strong data a goldilocks combination for equities; new highs for S&P500.
16th Apr 21, 7:13am
15th Apr 21, 7:28am
US earnings season off to a strong start. UST yields push higher; Oil prices up 4-5%. No market reaction to as-expected RBNZ MPR.
US earnings season off to a strong start. UST yields push higher; Oil prices up 4-5%. No market reaction to as-expected RBNZ MPR.
15th Apr 21, 7:28am
14th Apr 21, 7:50am
Stronger than expected US CPI inflation data. Market celebrates the inflation surprise by driving US equities higher, UST yields and USD lower. RBNZ Monetary Policy Review today not expected to rock the market.
Stronger than expected US CPI inflation data. Market celebrates the inflation surprise by driving US equities higher, UST yields and USD lower. RBNZ Monetary Policy Review today not expected to rock the market.
14th Apr 21, 7:50am
13th Apr 21, 7:13am
Equity markets slightly lower; UST yields slightly higher. NZD and AUD flat. US CPI tonight to be closely watched
Equity markets slightly lower; UST yields slightly higher. NZD and AUD flat. US CPI tonight to be closely watched
13th Apr 21, 7:13am
12th Apr 21, 7:18am
Bond yields and USD tick up on Friday, but both still lower on the week. RBNZ Monetary Policy Report on Wednesday - not expecting any major changes from the February MPS.
Bond yields and USD tick up on Friday, but both still lower on the week. RBNZ Monetary Policy Report on Wednesday - not expecting any major changes from the February MPS.
12th Apr 21, 7:18am

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