Economy

Reserve Bank’s first Official Cash Rate hike in three years divides bank economists, but all agree more increases are coming before the year is out

Reserve Bank’s first Official Cash Rate hike in three years divides bank economists, but all agree more increases are coming before the year is out

A review of things you need to know before you sign off on Wednesday; OCR hiked but no bank has responded yet, house values decline, dairy prices retreat, Morrisons global ambitions get a boost, swaps rise, NZD soft, NZD holds, & more

A review of things you need to know before you sign off on Wednesday; OCR hiked but no bank has responded yet, house values decline, dairy prices retreat, Morrisons global ambitions get a boost, swaps rise, NZD soft, NZD holds, & more

RBNZ raises Official Cash Rate 25 basis points to 2.50% with external and internal Monetary Policy Committee members reaching consensus

RBNZ raises Official Cash Rate 25 basis points to 2.50% with external and internal Monetary Policy Committee members reaching consensus

US data wavers as inflation expectations rise; dairy prices fall; Canada trade surplus higher; Japanese household spending rises; UST 10yr at 4.48%; gold down; oil up on new Hormuz threats; NZ$1 = 56.9 USc; TWI-5 = 60.7

US data wavers as inflation expectations rise; dairy prices fall; Canada trade surplus higher; Japanese household spending rises; UST 10yr at 4.48%; gold down; oil up on new Hormuz threats; NZ$1 = 56.9 USc; TWI-5 = 60.7

A review of things you need to know before you sign off on Tuesday; Heartland trims some TD rates, retail tracking sideways, moving overseas & renting out, eyes on dairy auction, swaps stable, NZX stable, NZD holds, & more

A review of things you need to know before you sign off on Tuesday; Heartland trims some TD rates, retail tracking sideways, moving overseas & renting out, eyes on dairy auction, swaps stable, NZX stable, NZD holds, & more

US services sector stable; Canada's dips but inflation elevated; a regional China bank collapses; China leads fintech patent race; Australian inflation expectations ease; UST 10yr at 4.48%; gold and oil stable; NZ$1 = 57 USc; TWI-5 = 60.8

US services sector stable; Canada's dips but inflation elevated; a regional China bank collapses; China leads fintech patent race; Australian inflation expectations ease; UST 10yr at 4.48%; gold and oil stable; NZ$1 = 57 USc; TWI-5 = 60.8

A review of things you need to know before you sign off on Monday; Auckland housebuilding to rise, commodity price falls insulated by weak NZD, expected El Niño impacts, swaps stable, NZX up, NZD dips, & more

A review of things you need to know before you sign off on Monday; Auckland housebuilding to rise, commodity price falls insulated by weak NZD, expected El Niño impacts, swaps stable, NZX up, NZD dips, & more

‘Line-ball call’: NZIER’s ‘shadow board’ split over whether Reserve Bank should hold or hike OCR this Wednesday

‘Line-ball call’: NZIER’s ‘shadow board’ split over whether Reserve Bank should hold or hike OCR this Wednesday

China service sector expands; Japan service sector positive but subdued; Vietnam growth high but not high enough; question over US growth; OPEC meets; UST 10yr at 4.49%; gold and oil stable; NZ$1 = 57.1 USc; TWI-5 = 60.9

China service sector expands; Japan service sector positive but subdued; Vietnam growth high but not high enough; question over US growth; OPEC meets; UST 10yr at 4.49%; gold and oil stable; NZ$1 = 57.1 USc; TWI-5 = 60.9

Bank economists divided on whether the Reserve Bank will increase the Official Cash Rate on July 8 after May's close call

Bank economists divided on whether the Reserve Bank will increase the Official Cash Rate on July 8 after May's close call

China service sector improves; ditto Japan; Korea's stock market on a wild ride; Vietnam rising & upgraded by the World Bank; global food prices ease; UST 10yr at 4.49%; gold rises and oil stable; NZ$1 = 57.1 USc; TWI-5 = 60.9

China service sector improves; ditto Japan; Korea's stock market on a wild ride; Vietnam rising & upgraded by the World Bank; global food prices ease; UST 10yr at 4.49%; gold rises and oil stable; NZ$1 = 57.1 USc; TWI-5 = 60.9

A review of things you need to know before you sign off on Friday; consumer sentiment less negative, commercial lease pressure eases, Modi coming, bond spreads ease, swaps hold, NZD firms, NZD firm, & more

A review of things you need to know before you sign off on Friday; consumer sentiment less negative, commercial lease pressure eases, Modi coming, bond spreads ease, swaps hold, NZD firms, NZD firm, & more

US jobs report weak; US factory orders also weak, worse after adjusting for PPI; China carmakers in profit crisis; Australia reports rare trade deficit; UST 10yr at 4.48%; gold firm and oil stable; NZ$1 = 56.9 USc; TWI-5 = 60.8

US jobs report weak; US factory orders also weak, worse after adjusting for PPI; China carmakers in profit crisis; Australia reports rare trade deficit; UST 10yr at 4.48%; gold firm and oil stable; NZ$1 = 56.9 USc; TWI-5 = 60.8

A review of things you need to know before you sign off on Thursday; Auckland house sales volume up, prices down, ditto nationally, Crown accounts give dour signals, worker share slips, swaps hold, NZD firmish, & more

A review of things you need to know before you sign off on Thursday; Auckland house sales volume up, prices down, ditto nationally, Crown accounts give dour signals, worker share slips, swaps hold, NZD firmish, & more

Eyes on US non-farm payrolls; US crude stocks fall again, reserves at 43 year low; USMCA not renewed; China PMI rises; Korean exports star; UST 10yr at 4.48%; gold firm and oil down even as Hormuz quiet; NZ$1 = 56.8 USc; TWI-5 = 60.7

Eyes on US non-farm payrolls; US crude stocks fall again, reserves at 43 year low; USMCA not renewed; China PMI rises; Korean exports star; UST 10yr at 4.48%; gold firm and oil down even as Hormuz quiet; NZ$1 = 56.8 USc; TWI-5 = 60.7