Currencies

US CPI data showing the expected signs of increased tariffs feeding into higher inflation. Market pares scope for Fed easing this year; US Treasury rates higher across the curve

US CPI data showing the expected signs of increased tariffs feeding into higher inflation. Market pares scope for Fed easing this year; US Treasury rates higher across the curve

Muted market reaction to Trump’s weekend threat to raise tariffs on the EU and Mexico to 30%. US equities up modestly; US Treasury yields barely higher; USD broadly stronger

Muted market reaction to Trump’s weekend threat to raise tariffs on the EU and Mexico to 30%. US equities up modestly; US Treasury yields barely higher; USD broadly stronger

Roger J Kerr says it seems that if New Zealand house prices are not rising, the majority of the local economic commentators do not think the economy is performing - 'jaundiced and ill-informed attitudes that do not serve the public well'

Roger J Kerr says it seems that if New Zealand house prices are not rising, the majority of the local economic commentators do not think the economy is performing - 'jaundiced and ill-informed attitudes that do not serve the public well'

Trump issues more tariff threats, raising Canada to 35% and suggesting a 15 or 20% tariff rate to apply to remaining countries. Risk sentiment to remain dampened by Trump's weekend threat to lift EU and Mexico tariffs to 30%

Trump issues more tariff threats, raising Canada to 35% and suggesting a 15 or 20% tariff rate to apply to remaining countries. Risk sentiment to remain dampened by Trump's weekend threat to lift EU and Mexico tariffs to 30%

Global equity markets probing fresh record highs. US Treasury yields slightly higher. High risk sentiment supports commodity currencies

Global equity markets probing fresh record highs. US Treasury yields slightly higher. High risk sentiment supports commodity currencies

More tariff letters but for US trading partners well down the pecking order; more to come. Optimism around a US-EU trade deal in coming days. Global equities higher. US Treasuries well supported

More tariff letters but for US trading partners well down the pecking order; more to come. Optimism around a US-EU trade deal in coming days. Global equities higher. US Treasuries well supported

Desmond Lachman highlights the myriad ways Donald Trump is undermining markets' faith in the US economy and the US dollar

Desmond Lachman highlights the myriad ways Donald Trump is undermining markets' faith in the US economy and the US dollar

US equities trading flat, complacent about threat of higher tariffs; US Treasury yields higher and curve steeper. Net currency movements have been modest, with the AUD a clear outperformer after the RBA shock

US equities trading flat, complacent about threat of higher tariffs; US Treasury yields higher and curve steeper. Net currency movements have been modest, with the AUD a clear outperformer after the RBA shock

Trump starts notifying countries of new import tariff rates, effective 1-August. These currently range between 25-40%, notably Japan and South Korea at 25%. More letters coming today and coming days. Markets not happy

Trump starts notifying countries of new import tariff rates, effective 1-August. These currently range between 25-40%, notably Japan and South Korea at 25%. More letters coming today and coming days. Markets not happy

Roger J Kerr says the Australian equities market and the Australian dollar value would have to be considered strong candidates to meet the criteria of a relatively undervalued share market (vis-vis the US equities market) and undervalued currency level

Roger J Kerr says the Australian equities market and the Australian dollar value would have to be considered strong candidates to meet the criteria of a relatively undervalued share market (vis-vis the US equities market) and undervalued currency level

A whiff of negative risk sentiment ahead of the July 9 end-of-pause day regarding reciprocal tariffs. US equity futures fall. Commodity currencies edge lower

A whiff of negative risk sentiment ahead of the July 9 end-of-pause day regarding reciprocal tariffs. US equity futures fall. Commodity currencies edge lower

US nonfarm payrolls up in June, unemployment rate fall. Stronger headline figures send US rates higher across the curve. US equities close at another fresh record high. US Budget bill passes after the early market close

US nonfarm payrolls up in June, unemployment rate fall. Stronger headline figures send US rates higher across the curve. US equities close at another fresh record high. US Budget bill passes after the early market close

US announces trade deal with Vietnam. S&P500 underpinned and trades to fresh record high. ADP private payrolls significantly undershoot expectations

US announces trade deal with Vietnam. S&P500 underpinned and trades to fresh record high. ADP private payrolls significantly undershoot expectations

Front end treasury yields higher after stronger than expected US job openings. Trump’s US$3.3 tln tax and spending bill has passed the Senate. Currency markets stable

Front end treasury yields higher after stronger than expected US job openings. Trump’s US$3.3 tln tax and spending bill has passed the Senate. Currency markets stable

S&P500 hits a fresh record intra-day high and has registered near 10% gains in the quarter outstripping other indices. US Treasury Secretary wants to avoid longer end treasury supply. US Treasury yields decline and the curve flattens

S&P500 hits a fresh record intra-day high and has registered near 10% gains in the quarter outstripping other indices. US Treasury Secretary wants to avoid longer end treasury supply. US Treasury yields decline and the curve flattens