bnzeconomists
Latest articles
Increase in Eurozone CPI reduces deflationary fears; US GDP below expectations and Fed reduces bond buying program again
Increase in Eurozone CPI reduces deflationary fears; US GDP below expectations and Fed reduces bond buying program again
NZ current account deficit to narrow; EU stocks rise despite Ukraine; UK GDP rises, German prices fall; focus on US NFP
NZ current account deficit to narrow; EU stocks rise despite Ukraine; UK GDP rises, German prices fall; focus on US NFP
NZ bonds well bid raising bond-swap spreads; US Fed fund futures price a rate rise from 2H 2015
NZ bonds well bid raising bond-swap spreads; US Fed fund futures price a rate rise from 2H 2015
Kiwi and Aussie subdued in overnight trade; currency markets interested in Labour's RBNZ mandate reform proposals
Kiwi and Aussie subdued in overnight trade; currency markets interested in Labour's RBNZ mandate reform proposals
Rising risk aversion drives down yields across the curve; Ukraine tensions driving investors to seek safe havens
Rising risk aversion drives down yields across the curve; Ukraine tensions driving investors to seek safe havens
RBNZ makes no attempt to talk down the NZD; notes high dollar could slow OCR hikes
High exchange rate could slow the pace of OCR rate hikes so they are "no longer adding to demand"
High exchange rate could slow the pace of OCR rate hikes so they are "no longer adding to demand"
NZD will fall today if the markets think the RBNZ is downgrading its inflation assessment: BNZ
NZD will fall today if the markets think the RBNZ is downgrading its inflation assessment: BNZ
Global interest rates slightly softer as a mild risk-off tone pervades markets
Speculative investor positioning changes removes the crutch for the NZD: BNZ
Swaps rise recovering all of last week's decline following US Treasuries higher
NZ consumers unfazed by first RBNZ rate hike and threat of more; 'case for ongoing OCR increases remains strong'
NZ consumers unfazed by first RBNZ rate hike and threat of more; 'case for ongoing OCR increases remains strong'
Markets expect another wave of NZ mortgage fixing; offshore investors like the rising interest rate levels
Markets expect another wave of NZ mortgage fixing; offshore investors like the rising interest rate levels
The extended elevated run by the NZD is undermining RBNZ inflation assumptions, may induce an OCR hike interruption
The extended elevated run by the NZD is undermining RBNZ inflation assumptions, may induce an OCR hike interruption
US Treasury yields rise on positive US economic data; BoC holds rates; EU inflation adjusted lower
US Treasury yields rise on positive US economic data; BoC holds rates; EU inflation adjusted lower
Declining dairy prices and rising consumer prices may see inflation at the top of the RBNZ target 'before long': BNZ
1
Declining dairy prices and rising consumer prices may see inflation at the top of the RBNZ target 'before long': BNZ
Bond yields fall as risk aversion rises, pushed by Ukraine tension; inflation data tame
Bond yields fall as risk aversion rises, pushed by Ukraine tension; inflation data tame
Lower dairy prices 'will take a toll on the NZD in time'; USD boosted by higher retail in March; eyes on RBA for AUD view
Lower dairy prices 'will take a toll on the NZD in time'; USD boosted by higher retail in March; eyes on RBA for AUD view
Better than expected US retail sales report sees UST yields rise; eyes on tomorrow's CPI and Thursday's DMO auction
Better than expected US retail sales report sees UST yields rise; eyes on tomorrow's CPI and Thursday's DMO auction
Lofty, low-volatility NZD a target currency for the carry trade despite deteriorating global risk appetite
Lofty, low-volatility NZD a target currency for the carry trade despite deteriorating global risk appetite
The flattening of the curve in recent days is attracting corporate interest to pay at the long-end as these rates sink
The flattening of the curve in recent days is attracting corporate interest to pay at the long-end as these rates sink
USD limped lower overnight, surprise Aussie jobs gains, weak China trade but surplus grows
USD limped lower overnight, surprise Aussie jobs gains, weak China trade but surplus grows
Greek yields highlight the high NZ Govt bond yields; sharp fall in UST yields overnight which are expected to flow here
2
Greek yields highlight the high NZ Govt bond yields; sharp fall in UST yields overnight which are expected to flow here
Dovish Fed minutes spur risk with stocks, gold, oil all higher and the USD lower; Aussie jobless rate to rise
Dovish Fed minutes spur risk with stocks, gold, oil all higher and the USD lower; Aussie jobless rate to rise
Fed minutes trigger big bond reaction because Fed members think US labour markets are slacker than official stats show
Fed minutes trigger big bond reaction because Fed members think US labour markets are slacker than official stats show