Currencies

Ho-fung Hung explains why renminbi-based trade with Russia and Iran could end up bolstering the US greenback's standing

Ho-fung Hung explains why renminbi-based trade with Russia and Iran could end up bolstering the US greenback's standing

Roger J Kerr sees the NZD caught in the backwash of a perfect storm and the newly uncertain election result is not positive for the currency

Roger J Kerr sees the NZD caught in the backwash of a perfect storm and the newly uncertain election result is not positive for the currency

Equities partly recovered from the post-midterms tech selloff, with the Nasdaq up 1%. US payrolls easily beat expectations and unemployment fell to 4.1%. Front-end Treasury yields rose, with a December Fed hike still close to 80% priced

Equities partly recovered from the post-midterms tech selloff, with the Nasdaq up 1%. US payrolls easily beat expectations and unemployment fell to 4.1%. Front-end Treasury yields rose, with a December Fed hike still close to 80% priced

Sharp falls for US equities led by tech on fears of a post-midterm slowdown in the AI build-out. US Treasury yields decline on rising risk aversion. The Bank of England raised to 4.0% and signaled more hikes are likely

Sharp falls for US equities led by tech on fears of a post-midterm slowdown in the AI build-out. US Treasury yields decline on rising risk aversion. The Bank of England raised to 4.0% and signaled more hikes are likely

Democrats to take control of US Congress in a strong showing; market reacts positively. Iran war more likely to be resolved. Brent crude tumbles 10%. US equities show a strong rebound. Global bonds well supported. USD broadly weaker

Democrats to take control of US Congress in a strong showing; market reacts positively. Iran war more likely to be resolved. Brent crude tumbles 10%. US equities show a strong rebound. Global bonds well supported. USD broadly weaker

Oil prices volatile on mix of headlines regarding US-Iran conflict; net price movement modestly lower. Global rates modestly higher; strong US JOLTS labour market report. RBA hikes as expected, but Australian rates and AUD fall, with dovish commentary

Oil prices volatile on mix of headlines regarding US-Iran conflict; net price movement modestly lower. Global rates modestly higher; strong US JOLTS labour market report. RBA hikes as expected, but Australian rates and AUD fall, with dovish commentary

Oil prices plunge on hope for a resolution on the US-Iran war. Lower oil prices drive down global rates and push up global equity markets

Oil prices plunge on hope for a resolution on the US-Iran war. Lower oil prices drive down global rates and push up global equity markets

Roger J Kerr says our inflation problem is largely self-inflicted from an academic RBNZ ignoring the exchange rate's role in price setting, and by ignoring their own analysis

Roger J Kerr says our inflation problem is largely self-inflicted from an academic RBNZ ignoring the exchange rate's role in price setting, and by ignoring their own analysis

Tech-led equity selloff on disappointing earnings, with the Nasdaq down more than 3%. Market pricing still implying around an 80% chance of a December US Fed hike. Gold down more than 3% to its lowest level in a year

Tech-led equity selloff on disappointing earnings, with the Nasdaq down more than 3%. Market pricing still implying around an 80% chance of a December US Fed hike. Gold down more than 3% to its lowest level in a year

US equities are lower and the Nasdaq is down more than 1%, as Alphabet's sales miss revived doubts over AI spending. US Q3 GDP beat expectations. The ECB held rates. Lagarde will step down early

US equities are lower and the Nasdaq is down more than 1%, as Alphabet's sales miss revived doubts over AI spending. US Q3 GDP beat expectations. The ECB held rates. Lagarde will step down early

Hawkish RBA testimony boosted expectations for a hike there next week. Bank of Canada kicked off tightening cycle with 25bp hike; Fed leaves policy unchanged. Oil and gas prices higher on fears of US-Iran conflict escalation

Hawkish RBA testimony boosted expectations for a hike there next week. Bank of Canada kicked off tightening cycle with 25bp hike; Fed leaves policy unchanged. Oil and gas prices higher on fears of US-Iran conflict escalation

Most markets are in a holding pattern ahead of key policy updates and top-tier economic releases later this week. RBNZ expected to hike again today and maintain tightening bias; Fed expected to be on hold; BoC decision finely balanced

Most markets are in a holding pattern ahead of key policy updates and top-tier economic releases later this week. RBNZ expected to hike again today and maintain tightening bias; Fed expected to be on hold; BoC decision finely balanced

US equities gained, led by tech, with markets looking ahead to the FOMC and key tech earnings. Oil prices remained elevated while US Treasuries were subdued. French bonds rallied after Moody’s affirmed France’s credit rating

US equities gained, led by tech, with markets looking ahead to the FOMC and key tech earnings. Oil prices remained elevated while US Treasuries were subdued. French bonds rallied after Moody’s affirmed France’s credit rating

Roger J Kerr says debt markets are always the first to reflect financial risk and stress. And he finds the usual culprits remain behind stubborn local elevated inflation

Roger J Kerr says debt markets are always the first to reflect financial risk and stress. And he finds the usual culprits remain behind stubborn local elevated inflation

Global equities fell as AI concerns weighed on tech stocks. Higher oil prices also impacted investor sentiment. Equity losses supported demand for US Treasuries - 10-year yields fell below 5%

Global equities fell as AI concerns weighed on tech stocks. Higher oil prices also impacted investor sentiment. Equity losses supported demand for US Treasuries - 10-year yields fell below 5%