Yen
US housing down, UK growth up; USD underperformed; data light on EU holidays
26th Aug 13, 8:40am
US housing down, UK growth up; USD underperformed; data light on EU holidays
USD will remain on the front foot, as it continues to benefit from rising yields and snippets of ‘safe-haven’ demand
23rd Aug 13, 8:28am
USD will remain on the front foot, as it continues to benefit from rising yields and snippets of ‘safe-haven’ demand
US Federal Reserve were 'broadly comfortable' with the plan to reduce bond purchases later this year
22nd Aug 13, 8:50am
US Federal Reserve were 'broadly comfortable' with the plan to reduce bond purchases later this year
Imposition of the LVR limits has done nothing to change BNZ's NZ$ view; Fundamentals are still positive
21st Aug 13, 8:20am
Imposition of the LVR limits has done nothing to change BNZ's NZ$ view; Fundamentals are still positive
Improving global economic data is being offset by the threat of the US Fed tapering back monetary stimulus
20th Aug 13, 4:47pm
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Improving global economic data is being offset by the threat of the US Fed tapering back monetary stimulus
Latest PMI & PSI data adds to previous signs NZ economic expansion is now accelerating; chance of getting 5% GDP growth over the coming 12-months
20th Aug 13, 8:01am
Latest PMI & PSI data adds to previous signs NZ economic expansion is now accelerating; chance of getting 5% GDP growth over the coming 12-months
Local economic data (consumer confidence, retail sales, house sales, and manufacturing PMI) means above-trend GDP growth a risk
19th Aug 13, 8:44am
Local economic data (consumer confidence, retail sales, house sales, and manufacturing PMI) means above-trend GDP growth a risk
Markets are responding to the prospects of the Fed tapering rather than focusing on the positive economic and growth data
16th Aug 13, 8:07am
Markets are responding to the prospects of the Fed tapering rather than focusing on the positive economic and growth data
Low interest rates plus a buoyant housing market boosts Q2 Retail Sales and gives NZ$ a boost; NZ$/A$ back near 88c
15th Aug 13, 7:54am
Low interest rates plus a buoyant housing market boosts Q2 Retail Sales and gives NZ$ a boost; NZ$/A$ back near 88c
Upbeat US retail figures is one of the drivers behind the stronger US$ however, speculative buying in US$/JPY looks to be the more dominant factor
14th Aug 13, 8:20am
Upbeat US retail figures is one of the drivers behind the stronger US$ however, speculative buying in US$/JPY looks to be the more dominant factor
Moderately better data out of Europe points to a very mild recovery, however structural problems remain and it is going to be a very bumpy road ahead
13th Aug 13, 5:06pm
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Moderately better data out of Europe points to a very mild recovery, however structural problems remain and it is going to be a very bumpy road ahead
BNZ sees further appreciation in NZ$/A$ cross rate as relative growth, commodity price and interest rate trajectories favour the NZ$
13th Aug 13, 7:30am
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BNZ sees further appreciation in NZ$/A$ cross rate as relative growth, commodity price and interest rate trajectories favour the NZ$
Market relieved Chinese data dump failed to provide any nasty surprises; Industrial production was seen growing 9.7%y/y (8.9% expected)
12th Aug 13, 9:55am
Market relieved Chinese data dump failed to provide any nasty surprises; Industrial production was seen growing 9.7%y/y (8.9% expected)
90 seconds at 9 am: Strong Chinese factory production, more Fed tapering talk, Big Japanese companies doing well
12th Aug 13, 9:18am
90 seconds at 9 am: Strong Chinese factory production, more Fed tapering talk, Big Japanese companies doing well
Swathe of Chinese economic updates will certainly test the strength of risk sentiment and investor appetite for NZ$/US$
9th Aug 13, 8:45am
Swathe of Chinese economic updates will certainly test the strength of risk sentiment and investor appetite for NZ$/US$
Bank of England (BoE) releases quarterly inflation report and stated it doesn't intend to raise rates until unemployment dips below 7.0%
8th Aug 13, 8:14am
Bank of England (BoE) releases quarterly inflation report and stated it doesn't intend to raise rates until unemployment dips below 7.0%
Receding fears about NZ dairy exports have seen the NZ$/US$ climb back above 0.7900 and the NZ$/A$ back at 0.8800
7th Aug 13, 8:34am
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Receding fears about NZ dairy exports have seen the NZ$/US$ climb back above 0.7900 and the NZ$/A$ back at 0.8800
The NZ$ had rough start to the week thanks to Fonterra's announcement at weekend; A$ impacted by expectations of RBA rate cut
6th Aug 13, 2:58pm
The NZ$ had rough start to the week thanks to Fonterra's announcement at weekend; A$ impacted by expectations of RBA rate cut
Positive news that China has not imposed a blanket ban on NZ dairy products aids NZ$ recovery
6th Aug 13, 8:26am
Positive news that China has not imposed a blanket ban on NZ dairy products aids NZ$ recovery
NZ$ to remain under pressure until confidence in NZ dairy sector restored
5th Aug 13, 8:38am
NZ$ to remain under pressure until confidence in NZ dairy sector restored
Roger J Kerr on 'bloody good news for NZ,', US non-farm payrolls & the likely currency impact of next week's expected RBA rate cut
2nd Aug 13, 12:50pm
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Roger J Kerr on 'bloody good news for NZ,', US non-farm payrolls & the likely currency impact of next week's expected RBA rate cut
Equity market stronger across the board and no matter where you looked July manufacturing PMI data impressed coming in above expectations
2nd Aug 13, 8:14am
Equity market stronger across the board and no matter where you looked July manufacturing PMI data impressed coming in above expectations
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
Plenty of risk around central bank announcements with markets keen for insight into Fed's QE tapering timeline
31st Jul 13, 8:04am
Plenty of risk around central bank announcements with markets keen for insight into Fed's QE tapering timeline