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Market expecting October end to tapering in US if current reduction rate is any guide; first rate hike pencilled in for April 2015
21st Mar 14, 8:31am
Market expecting October end to tapering in US if current reduction rate is any guide; first rate hike pencilled in for April 2015
Payside flows from the ‘real economy’ should continue to push yields higher, says BNZ
21st Mar 14, 8:17am
Payside flows from the ‘real economy’ should continue to push yields higher, says BNZ
US$ gets much needed boost as markets believe US economy is in better shape; Fed cuts back tapering by a further US$10 bln per month
20th Mar 14, 8:35am
US$ gets much needed boost as markets believe US economy is in better shape; Fed cuts back tapering by a further US$10 bln per month
Stronger US economic outlook drives FOMC and bond gains
20th Mar 14, 8:30am
Stronger US economic outlook drives FOMC and bond gains
Risk rally benefits NZD as Russia implies it has no interest in Ukrainian territory beyond Crimea; NZD now directly tradeable against Chinese Yuan
19th Mar 14, 8:32am
Risk rally benefits NZD as Russia implies it has no interest in Ukrainian territory beyond Crimea; NZD now directly tradeable against Chinese Yuan
Good offshore demand offsetting mortgage pressures in swap market, keeping rate changes limited
19th Mar 14, 8:24am
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Good offshore demand offsetting mortgage pressures in swap market, keeping rate changes limited
Chinese yuan falls to an 11 month low after bands widened; AUD gains as Bill Evans changes his view
18th Mar 14, 8:36am
Chinese yuan falls to an 11 month low after bands widened; AUD gains as Bill Evans changes his view
Short term NZ swaps come under pressure as rush to fix grows
18th Mar 14, 8:17am
Short term NZ swaps come under pressure as rush to fix grows
No progress over Ukraine; if anything things are worsening. Risk aversion rising ahead of sanctions
17th Mar 14, 8:12am
No progress over Ukraine; if anything things are worsening. Risk aversion rising ahead of sanctions
Swap short end influenced by OCR move, long end susceptible to offshore-inspired rises in risk aversion
17th Mar 14, 8:01am
Swap short end influenced by OCR move, long end susceptible to offshore-inspired rises in risk aversion
Ukraine remains tense but EUR strengthens; key Aussie jobs report will set cross rate; much depends on RBNZ tone
13th Mar 14, 7:45am
Ukraine remains tense but EUR strengthens; key Aussie jobs report will set cross rate; much depends on RBNZ tone
Yields and spreads at lower end of ranges; deviation from +0.25% not expected from RBNZ
13th Mar 14, 7:37am
Yields and spreads at lower end of ranges; deviation from +0.25% not expected from RBNZ
Even though an OCR rise is priced in fully, NZD may still get an 'obligatory knee-jerk pop higher'
12th Mar 14, 8:16am
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Even though an OCR rise is priced in fully, NZD may still get an 'obligatory knee-jerk pop higher'
Markets in holding pattern ahead of RBNZ MPS; BofJ review added no new stimulus, sees moderate recovery
12th Mar 14, 8:04am
Markets in holding pattern ahead of RBNZ MPS; BofJ review added no new stimulus, sees moderate recovery
Standard central banker speak: talk down your currency. Markets eye RBNZ's view on NZD this week
11th Mar 14, 8:18am
Standard central banker speak: talk down your currency. Markets eye RBNZ's view on NZD this week
Certain there will be an increase, the money markets now pricing in further future hikes
11th Mar 14, 8:06am
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Certain there will be an increase, the money markets now pricing in further future hikes
NZD declined along with most of its peers after the release of the US payrolls report on Friday
10th Mar 14, 8:36am
NZD declined along with most of its peers after the release of the US payrolls report on Friday
Markets have rapidly reduced the risk premium that had been built into the NZ curve
10th Mar 14, 8:31am
Markets have rapidly reduced the risk premium that had been built into the NZ curve
Across the swap curve rates rose and the market may push yields even higher ahead of the RBNZ meeting
7th Mar 14, 8:34am
Across the swap curve rates rose and the market may push yields even higher ahead of the RBNZ meeting
NZ TWI hit its highest level since last April’s all-time high; a stronger-than-expected US non-farm payrolls data tonight could reverse trend
7th Mar 14, 8:25am
NZ TWI hit its highest level since last April’s all-time high; a stronger-than-expected US non-farm payrolls data tonight could reverse trend
Risk sentiment improves despite Ukraine, NZD rises, supported by China policy decisions
6th Mar 14, 8:05am
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Risk sentiment improves despite Ukraine, NZD rises, supported by China policy decisions
The market under-estimates the extent of rate hikes ahead with the OCR at 5% in 2015 possible, says BNZ
6th Mar 14, 7:52am
The market under-estimates the extent of rate hikes ahead with the OCR at 5% in 2015 possible, says BNZ
Lower dairy prices today doesn't change need for RBNZ to normalise rates; Ukraine tension not over yet
5th Mar 14, 8:40am
Lower dairy prices today doesn't change need for RBNZ to normalise rates; Ukraine tension not over yet
NZ 10yr swaps down 40bps since December and an opportunity for corporates to lock in low rates, says BNZ
5th Mar 14, 7:59am
NZ 10yr swaps down 40bps since December and an opportunity for corporates to lock in low rates, says BNZ
RBA expected to hold today, but next Aussie move may be down; NZD may have peaked vs AUD says BNZ
4th Mar 14, 8:26am
RBA expected to hold today, but next Aussie move may be down; NZD may have peaked vs AUD says BNZ