Yuan
Oil prices down over 6% as Saudi production back up. USD reverses course, seeing NZD and AUD recover yesterday’s losses. UST yields lower
18th Sep 19, 7:56am
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Oil prices down over 6% as Saudi production back up. USD reverses course, seeing NZD and AUD recover yesterday’s losses. UST yields lower
Oil prices surge 14%. NZD falls below 0.6350 as safe haven currencies outperform. Global equities and rates push lower
17th Sep 19, 7:46am
Oil prices surge 14%. NZD falls below 0.6350 as safe haven currencies outperform. Global equities and rates push lower
Global bond rates continue to climb significantly higher. NZD falls, even as yuan and AUD strengthen. GBP up over 1% on soft or delayed Brexit vibe. Oil prices to rise significantly as Saudi oil production facilities attacked
16th Sep 19, 8:09am
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Global bond rates continue to climb significantly higher. NZD falls, even as yuan and AUD strengthen. GBP up over 1% on soft or delayed Brexit vibe. Oil prices to rise significantly as Saudi oil production facilities attacked
The ECB cuts rates, resumes QE. The EUR and German bond yields initially fell then moved higher. Market sentiment boosted by positive trade talk news giving both equity markets and the CNY a boost. NZD lower. The global bond sell-off extends
13th Sep 19, 7:54am
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The ECB cuts rates, resumes QE. The EUR and German bond yields initially fell then moved higher. Market sentiment boosted by positive trade talk news giving both equity markets and the CNY a boost. NZD lower. The global bond sell-off extends
The USD strengthens as markets await an ECB decision with new easing measures expected. Equity markets up in anticipation. Global bond yields stable. NZD stable
12th Sep 19, 8:00am
The USD strengthens as markets await an ECB decision with new easing measures expected. Equity markets up in anticipation. Global bond yields stable. NZD stable
NZD unchanged as global bond yields rise again on ECB news. Reports that China had offered to buy more US agricultural goods ahead of the October trade talks also supported rates
11th Sep 19, 8:16am
NZD unchanged as global bond yields rise again on ECB news. Reports that China had offered to buy more US agricultural goods ahead of the October trade talks also supported rates
Global bond markets meaningfully extended last week’s sell-off, safe haven currencies slightly underperformed, while commodity prices edged higher. Not so for equity markets which marked time
10th Sep 19, 8:17am
Global bond markets meaningfully extended last week’s sell-off, safe haven currencies slightly underperformed, while commodity prices edged higher. Not so for equity markets which marked time
Markets cautiously optimistic despite the US payrolls weaker than expected. Global equities and US Treasury yields consolidated. The NZD up. NZ rates up sharply across the curve
9th Sep 19, 7:53am
Markets cautiously optimistic despite the US payrolls weaker than expected. Global equities and US Treasury yields consolidated. The NZD up. NZ rates up sharply across the curve
The NZD and AUD have sustained their gains, while GBP continues its recovery on Brexit optimism. A big bond market sell-off, with UST yields up over 10 bps across the curve on trade signals
6th Sep 19, 7:52am
The NZD and AUD have sustained their gains, while GBP continues its recovery on Brexit optimism. A big bond market sell-off, with UST yields up over 10 bps across the curve on trade signals
The recent decision by China to let the renminbi fall below CN¥7 per US dollar has little to do with trade or currency wars. Rather, it represents an important step toward reforming China’s inflexible exchange-rate regime says Yu Yongding
5th Sep 19, 10:09am
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The recent decision by China to let the renminbi fall below CN¥7 per US dollar has little to do with trade or currency wars. Rather, it represents an important step toward reforming China’s inflexible exchange-rate regime says Yu Yongding
Risk appetite has improved after the reduction in some geopolitical risks, with better news out of Hong Kong, Italy and the UK. The USD has shown broadly based falls, following the very weak ISM manufacturing report
5th Sep 19, 8:06am
Risk appetite has improved after the reduction in some geopolitical risks, with better news out of Hong Kong, Italy and the UK. The USD has shown broadly based falls, following the very weak ISM manufacturing report
US equities, rates and the USD are much lower following a weak ISM manufacturing report. The NZD has recovered over half a cent from its low point yesterday afternoon to trade about 0.6325
4th Sep 19, 7:59am
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US equities, rates and the USD are much lower following a weak ISM manufacturing report. The NZD has recovered over half a cent from its low point yesterday afternoon to trade about 0.6325
China takes the US to WTO over tariff actions. Next Brexit move depends on parliamentary vote. NZD holds at its lower level. Eyes on RBA rate decision, then on dairy auction
3rd Sep 19, 7:52am
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China takes the US to WTO over tariff actions. Next Brexit move depends on parliamentary vote. NZD holds at its lower level. Eyes on RBA rate decision, then on dairy auction
Hedging flow activity more influential than economic data on currencies. US data mixed. EUR under pressure. Canada stars. NZD weaker
2nd Sep 19, 8:08am
Hedging flow activity more influential than economic data on currencies. US data mixed. EUR under pressure. Canada stars. NZD weaker
Markets read positive signals from what China is implying rather than saying. Sentiment improves. Safe haven currencies underperform, as does the NZD on weak local data
30th Aug 19, 8:04am
Markets read positive signals from what China is implying rather than saying. Sentiment improves. Safe haven currencies underperform, as does the NZD on weak local data
Global rates have continued to grind lower on growing risk fears. British politics grabs headlines. NZD sinks lower. Eyes on local business confidence survey
29th Aug 19, 7:49am
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Global rates have continued to grind lower on growing risk fears. British politics grabs headlines. NZD sinks lower. Eyes on local business confidence survey
China ignores US trade talks claim. US Treasury yield curve inversions deepen. Progress in Italian political talks. Brexit optimism. NZD falls in risk-off mood. RBA sees lower rates
28th Aug 19, 8:01am
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China ignores US trade talks claim. US Treasury yield curve inversions deepen. Progress in Italian political talks. Brexit optimism. NZD falls in risk-off mood. RBA sees lower rates
Equity markets take Trump deescalation at face-value. Safe haven currencies give back some recent gains. Commodity currencies outperform. RBA confirms rate cut was part of currency defense
27th Aug 19, 8:28am
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Equity markets take Trump deescalation at face-value. Safe haven currencies give back some recent gains. Commodity currencies outperform. RBA confirms rate cut was part of currency defense
Furious trade war actions overshadow Powell at Jackson Hole although he takes friendly fire too. Markets tumble. NZD holds up reasonably well on the sidelines. Orr 'waiting & watching' for now
26th Aug 19, 7:42am
Furious trade war actions overshadow Powell at Jackson Hole although he takes friendly fire too. Markets tumble. NZD holds up reasonably well on the sidelines. Orr 'waiting & watching' for now
Markets see State banks coming to the aid of the Chinese currency. The NZD depreciates toward fair value. Eyes now turn to Powell's speech and assessments of his dovishness
23rd Aug 19, 7:52am
Markets see State banks coming to the aid of the Chinese currency. The NZD depreciates toward fair value. Eyes now turn to Powell's speech and assessments of his dovishness
US Fed minutes reveal dissent detail but no real surprises. Watchdog warns on 'unsustainable course' of US budget deficit. Bond rates with small upward bias. Merkel challenges Johnson on Irish border solution
22nd Aug 19, 7:57am
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US Fed minutes reveal dissent detail but no real surprises. Watchdog warns on 'unsustainable course' of US budget deficit. Bond rates with small upward bias. Merkel challenges Johnson on Irish border solution
The EU's fourth largest economy plunged into political chaos again. EU mulls Brexit position. Global equities fall and global rates reverse. Investors pare positions with sovereign debt
21st Aug 19, 7:53am
The EU's fourth largest economy plunged into political chaos again. EU mulls Brexit position. Global equities fall and global rates reverse. Investors pare positions with sovereign debt
Temporary US back-track on Huawei and expectations of German fiscal stimulus combine to juice equity prices higher and bond yields higher. US President sharpens attack on the Fed
20th Aug 19, 7:50am
Temporary US back-track on Huawei and expectations of German fiscal stimulus combine to juice equity prices higher and bond yields higher. US President sharpens attack on the Fed
Equities, long-end bond yields rise after reports Germany considering relaxing fiscal rules. NZD weighed down by a weak PMI. Powell’s Jackson Hole address the highlight this week
19th Aug 19, 7:47am
Equities, long-end bond yields rise after reports Germany considering relaxing fiscal rules. NZD weighed down by a weak PMI. Powell’s Jackson Hole address the highlight this week
Local currencies fare relatively well as the bond yield dives gather pace. ECB policy makers primed for more QE. Equities whipsawed. Brexit gets even messier. Markets see further RBNZ cuts
16th Aug 19, 7:56am
Local currencies fare relatively well as the bond yield dives gather pace. ECB policy makers primed for more QE. Equities whipsawed. Brexit gets even messier. Markets see further RBNZ cuts