Economy
Google miss highlights AI risks; US GDP rise features AI buildout; ECB holds rates, Largarde quits early; airfreight surged in September; UST 10yr at 4.99%; gold and oil ease; NZ$1 = 56.3 USc; TWI-5 = 60
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Google miss highlights AI risks; US GDP rise features AI buildout; ECB holds rates, Largarde quits early; airfreight surged in September; UST 10yr at 4.99%; gold and oil ease; NZ$1 = 56.3 USc; TWI-5 = 60
A review of things you need to know before you sign off on Thursday; business sentiment holds, Vero warns on climate risks, NZ Post upbeat on retail, big centers grab population gains, progress on child poverty, swaps hold, NZD stays soft, & more
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A review of things you need to know before you sign off on Thursday; business sentiment holds, Vero warns on climate risks, NZ Post upbeat on retail, big centers grab population gains, progress on child poverty, swaps hold, NZD stays soft, & more
Kenneth Rogoff explains why China's housing crash may drag down growth without denting their economy's dynamic core
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Kenneth Rogoff explains why China's housing crash may drag down growth without denting their economy's dynamic core
US Fed holds as expected; US trade deficit much worse; Canada hikes; UK doubles bank tax; Australia inflation rises more than expected; UST 10yr at 5.04%; gold and oil ease; NZ$1 = 56.2 USc; TWI-5 = 60
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US Fed holds as expected; US trade deficit much worse; Canada hikes; UK doubles bank tax; Australia inflation rises more than expected; UST 10yr at 5.04%; gold and oil ease; NZ$1 = 56.2 USc; TWI-5 = 60
The Reserve Bank is seeing 'less pass-through' of wholesale interest rate increases in both deposit and mortgage rates and says the NZ general election wasn't a factor in its decision to pause hiking the Official Cash Rate
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The Reserve Bank is seeing 'less pass-through' of wholesale interest rate increases in both deposit and mortgage rates and says the NZ general election wasn't a factor in its decision to pause hiking the Official Cash Rate
Flabbergasted, spooked and applause; economists’ OCR reactions to what they expect is merely a pause
The RBNZ’s Christmas present to NZ will be an OCR hike in December, BNZ’s Stephen Toplis says, but other economists who are also projecting a December OCR rise, don't think it's locked in
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The RBNZ’s Christmas present to NZ will be an OCR hike in December, BNZ’s Stephen Toplis says, but other economists who are also projecting a December OCR rise, don't think it's locked in
[updated]
A review of things you need to know before you sign off on Wednesday; RBNZ stuns by holding OCR unchanged, post-decision comments confuse, filled jobs rise modestly, Aussie inflation rises, swaps drop, NZD falls, & more
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A review of things you need to know before you sign off on Wednesday; RBNZ stuns by holding OCR unchanged, post-decision comments confuse, filled jobs rise modestly, Aussie inflation rises, swaps drop, NZD falls, & more
[updated]
In a surprise move, the Reserve Bank holds the Official Cash Rate at 2.75% following a 4-3 vote, NZ dollar tanks
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In a surprise move, the Reserve Bank holds the Official Cash Rate at 2.75% following a 4-3 vote, NZ dollar tanks
Gene Frieda thinks the Lula government's lack of fiscal restraint will lead to high inflation and mediocre growth
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Gene Frieda thinks the Lula government's lack of fiscal restraint will lead to high inflation and mediocre growth
Shang-Jin Wei argues that the leverage China and the US have over each other is a welcome source of relative stability
Shang-Jin Wei argues that the leverage China and the US have over each other is a welcome source of relative stability
US data reinforces diverging economic drivers; Chinese sentiment low; Beijing rushes out large-scale monetary support; airlines taxed much harder by card processors; UST 10yr at 4.99%; gold firm but oil eases; NZ$1 = 56.9 USc; TWI-5 = 60.7
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US data reinforces diverging economic drivers; Chinese sentiment low; Beijing rushes out large-scale monetary support; airlines taxed much harder by card processors; UST 10yr at 4.99%; gold firm but oil eases; NZ$1 = 56.9 USc; TWI-5 = 60.7
A review of things you need to know before you sign off on Tuesday; no rent inflation, mortgage interest load low & stable, borrowers maintain their buffers, another strike, swaps rise, NZX dips, NZD firm, & more
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A review of things you need to know before you sign off on Tuesday; no rent inflation, mortgage interest load low & stable, borrowers maintain their buffers, another strike, swaps rise, NZX dips, NZD firm, & more
Dambisa Moyo warns that financial markets have become so dependent on AI investment that a tech selloff could trigger a global recession
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Dambisa Moyo warns that financial markets have become so dependent on AI investment that a tech selloff could trigger a global recession
Some election results surprise; US data mixed; Taiwan retail and German sentiment improve; Aussie house buyers strike; Anthropic issues CYA IPO filing; UST 10yr at 4.98%; gold firms and oil holds high; NZ$1 = 56.8 USc; TWI-5 = 60.6
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Some election results surprise; US data mixed; Taiwan retail and German sentiment improve; Aussie house buyers strike; Anthropic issues CYA IPO filing; UST 10yr at 4.98%; gold firms and oil holds high; NZ$1 = 56.8 USc; TWI-5 = 60.6
Nicky Hager’s Dirty Work raises questions of whether money has too much political power, observes Brian Easton
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Nicky Hager’s Dirty Work raises questions of whether money has too much political power, observes Brian Easton