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Weak global data rocks markets; risk off mood sends Yen to fresh highs; NZD holding up compared to other 'risky' currencies, Aussie dollar not so lucky
Weak global data rocks markets; risk off mood sends Yen to fresh highs; NZD holding up compared to other 'risky' currencies, Aussie dollar not so lucky
China market shenanigans repeat, with echos worldwide. The AUD the 'worst performer'. Risks for the NZD are to the downside
China market shenanigans repeat, with echos worldwide. The AUD the 'worst performer'. Risks for the NZD are to the downside
NZ and global interest rates extend their slow soft slide with NZ rates leading the way
Asia sentiment glum although better data out for the US and Europe. NZD seen as ajusting back from December distortions
Asia sentiment glum although better data out for the US and Europe. NZD seen as ajusting back from December distortions
NZ Govt bond values rise, yields fall as bond-swap spreads move back to more normal levels. Swap rates see downward pressure too
NZ Govt bond values rise, yields fall as bond-swap spreads move back to more normal levels. Swap rates see downward pressure too
Markets show disdain for Chinese market manipulations. Commodities fall along with commodity currencies. Fed tries to add unpredicatibility
Markets show disdain for Chinese market manipulations. Commodities fall along with commodity currencies. Fed tries to add unpredicatibility
NZ-US 10-year rate spread at 124 bps, but with NZ bonds to outperform US expect that spread to fall: BNZ
NZ-US 10-year rate spread at 124 bps, but with NZ bonds to outperform US expect that spread to fall: BNZ
Many punters don’t have much conviction in the global economic outlook for 2016. Mid-East tensions and China anxiety fuel a bumpy start
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Many punters don’t have much conviction in the global economic outlook for 2016. Mid-East tensions and China anxiety fuel a bumpy start
Quiet local trading expected. Two year swap rate may be at top of its range: BNZ
Fed optimism drives greenback higher. Commodity currencies hit, with the Aussie hit harder than the Kiwi
Fed optimism drives greenback higher. Commodity currencies hit, with the Aussie hit harder than the Kiwi
Relief as Fed liftoff goes smoothly. NZ swap rates steepen and settle after OCR cut. Eyes on business confidence survey
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Relief as Fed liftoff goes smoothly. NZ swap rates steepen and settle after OCR cut. Eyes on business confidence survey
US 10-year treasuries continue to rise; NZ swap rate hits 4-month high; NZ current account deficit could rise to as much as 5% of GDP
US 10-year treasuries continue to rise; NZ swap rate hits 4-month high; NZ current account deficit could rise to as much as 5% of GDP
Parliaments in six countries must first approve Greek deal, no sure thing. US economy performing well. But local data all looks soft
Parliaments in six countries must first approve Greek deal, no sure thing. US economy performing well. But local data all looks soft
Recent optimism on a Greek deal has sobered; surprise in further trimming of Fonterra milk price; US$ finds some friends and Kiwi trades to 2015 lows
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Recent optimism on a Greek deal has sobered; surprise in further trimming of Fonterra milk price; US$ finds some friends and Kiwi trades to 2015 lows
NZ rate cuts still some way off despite current market pricing, but when they come there could be a series of them
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NZ rate cuts still some way off despite current market pricing, but when they come there could be a series of them
US data achieves 'Goldilocks' position; not too hot for a rate rise, not too cold to suggest US economy slowing
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US data achieves 'Goldilocks' position; not too hot for a rate rise, not too cold to suggest US economy slowing
NZ rates consolidate after steepening faster than expected. US earnings subdued. Flattening pressure back on NZ rates
NZ rates consolidate after steepening faster than expected. US earnings subdued. Flattening pressure back on NZ rates
US labour market data more important than usual, UK election uncertainty, eyes on RBA Monetary Policy Statement today
US labour market data more important than usual, UK election uncertainty, eyes on RBA Monetary Policy Statement today
US 10-year yields spike following oil price higher but then pull back. NZ rates rise and steepen
US 10-year yields spike following oil price higher but then pull back. NZ rates rise and steepen
NZD falls; investors are not waiting around to find out what the RBNZ's new policy stances mean
NZD falls; investors are not waiting around to find out what the RBNZ's new policy stances mean
Rate yields in volatile moves with NZ 2-10 curve up to +51 bps. US and AU payroll data will drive next changes
Rate yields in volatile moves with NZ 2-10 curve up to +51 bps. US and AU payroll data will drive next changes
The unexpectedly large US trade deficit may be down to special factors, but US Q1 growth likely stalled. Fed reaction awaited
The unexpectedly large US trade deficit may be down to special factors, but US Q1 growth likely stalled. Fed reaction awaited
Australia cuts but markets see much less need for further easing. Bond yields rise. Eyes on NZ employment data
Australia cuts but markets see much less need for further easing. Bond yields rise. Eyes on NZ employment data
A dearth of market-moving data shifts focus back to Greece - and the RBA's rate and tone choices
A dearth of market-moving data shifts focus back to Greece - and the RBA's rate and tone choices
High expectation of an RBA rate cut today. UST 10yr yields creep ever higher. Attention turning to NZ labour market data, especially cost pressures
High expectation of an RBA rate cut today. UST 10yr yields creep ever higher. Attention turning to NZ labour market data, especially cost pressures