Economy
The US appears to back-track on Iran and oil falls; US PMIs expanding but not so in Canada; China contracts; ASEAN PMIs very upbeat; eyes on the RBA and multi-unit construction; UST 10yr at 4.87%; gold firms but oil falls hard; NZ$1 = 56.3 USc; TWI-5 = 60
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The US appears to back-track on Iran and oil falls; US PMIs expanding but not so in Canada; China contracts; ASEAN PMIs very upbeat; eyes on the RBA and multi-unit construction; UST 10yr at 4.87%; gold firms but oil falls hard; NZ$1 = 56.3 USc; TWI-5 = 60
A review of things you need to know before you sign off on Monday; upturn in Auckland house building; Westpac stumbles, LGFA goes long; more & better milk, Aussie inflation rising; ASEAN PMIs healthy, swaps stable, NZX falls, NZD dips, & more
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A review of things you need to know before you sign off on Monday; upturn in Auckland house building; Westpac stumbles, LGFA goes long; more & better milk, Aussie inflation rising; ASEAN PMIs healthy, swaps stable, NZX falls, NZD dips, & more
Brian Easton says gangs were one of the responses to the difficulties urbanising Māori faced
Elections, labour markets and growth in focus; Korean exports star; China growth stumbles; ditto Canada; EU growth rises; Aussie housing market stumbles too; global air travel weak; UST 10yr at 4.93%; gold eases and oil falls; NZ$1 = 56.3 USc; TWI-5 = 60
18
Elections, labour markets and growth in focus; Korean exports star; China growth stumbles; ditto Canada; EU growth rises; Aussie housing market stumbles too; global air travel weak; UST 10yr at 4.93%; gold eases and oil falls; NZ$1 = 56.3 USc; TWI-5 = 60
A review of things you need to know before you sign off on Friday; Westpac cuts 18-month rate; Fonterra lifts payout forecast; major Binance hack suspected, Auckland carpark stays, RBNZ data dump & more
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A review of things you need to know before you sign off on Friday; Westpac cuts 18-month rate; Fonterra lifts payout forecast; major Binance hack suspected, Auckland carpark stays, RBNZ data dump & more
ANZ-Roy Morgan consumer confidence survey shows muted confidence with house price expectations at lowest level in more than 3 years
ANZ-Roy Morgan consumer confidence survey shows muted confidence with house price expectations at lowest level in more than 3 years
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
26
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
10
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
1
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
11
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
5
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
2
Gene Frieda thinks the Lula government's lack of fiscal restraint will lead to high inflation and mediocre growth