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bnzeconomists

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16 years 5 months

Latest articles

Long swaps fall, short rates rise ahead of OCR review; Ukraine adds to risk premium
Long swaps fall, short rates rise ahead of OCR review; Ukraine adds to risk premium
Soft AU credit data and poor AU capex levels hurt ahead of the RBA Tuesday review; AUD weakens
Soft AU credit data and poor AU capex levels hurt ahead of the RBA Tuesday review; AUD weakens
More good NZ data expected today following strong business confidence data on Friday; OCR 'normalisation' imminent
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More good NZ data expected today following strong business confidence data on Friday; OCR 'normalisation' imminent
Safe haven bond buying sees US yields slip despite better-than-expected data being reported
Safe haven bond buying sees US yields slip despite better-than-expected data being reported
Weather a component of recent weaker-than-expected US economic data; Yellen reiterates asset purchase tapering will continue
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Weather a component of recent weaker-than-expected US economic data; Yellen reiterates asset purchase tapering will continue
International eyes on Yellen, but local expectations are for some 'good' NZ data today
International eyes on Yellen, but local expectations are for some 'good' NZ data today
Today's NZGB tender a highlight, may be affected by strong corporate issuance recently; big UST auction
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Today's NZGB tender a highlight, may be affected by strong corporate issuance recently; big UST auction
No smoking gun in local data; but be ready for fireworks if Yellen indicates the US is cooling
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No smoking gun in local data; but be ready for fireworks if Yellen indicates the US is cooling
English speech to be closely watched; downward pressure on swap rates; ADB 5yr Kauri
English speech to be closely watched; downward pressure on swap rates; ADB 5yr Kauri
Markets uncomfortable with lower AUD or NZD; today's focus will be inflation expectations
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Markets uncomfortable with lower AUD or NZD; today's focus will be inflation expectations
While equities provided positive returns and credit spreads narrowed, bonds were fairly range-bound; NZ swaps down on receiving pressure
While equities provided positive returns and credit spreads narrowed, bonds were fairly range-bound; NZ swaps down on receiving pressure
Eyes on business confidence and inflation expectations as observers see a possible break lower for NZD
Eyes on business confidence and inflation expectations as observers see a possible break lower for NZD
Softer than expected US data keeps US bond yields down; NZ swaps expected to rise from here
Softer than expected US data keeps US bond yields down; NZ swaps expected to rise from here
Fed confirms taper plan; China data disappoints; US data mostly better than expected; NZ consumers 'euphoric'
Fed confirms taper plan; China data disappoints; US data mostly better than expected; NZ consumers 'euphoric'
Flurry of new local bond issue announcements grows; investors need the supply; spreads stable
Flurry of new local bond issue announcements grows; investors need the supply; spreads stable
USD influence sidelined by local factors in many markets; China PMI may set scene for AUD direction
USD influence sidelined by local factors in many markets; China PMI may set scene for AUD direction
Improved ‘value’ for borrowers wishing to hedge their interest rate exposure ahead of the imminent OCR hiking cycle
Improved ‘value’ for borrowers wishing to hedge their interest rate exposure ahead of the imminent OCR hiking cycle
Investors in the Kiwi getting frustrated; mixed signals on international economies; dairy auction lower
Investors in the Kiwi getting frustrated; mixed signals on international economies; dairy auction lower
Poor US data saw bond yields fall; more local bond issuance planned; more flattening expected
Poor US data saw bond yields fall; more local bond issuance planned; more flattening expected
Kiwi now at top end of range; Japan now expected to step up its QE program
Kiwi now at top end of range; Japan now expected to step up its QE program
Markets still expecting a March OCR hike; LGFA deal announced; US on holiday
Markets still expecting a March OCR hike; LGFA deal announced; US on holiday
Kiwi gains on higher risk appetite and USD weakness; local data may set direction and data should show expansion
Kiwi gains on higher risk appetite and USD weakness; local data may set direction and data should show expansion
Fed fund futures price a first rate hike from the US Fed in early 2H 2015; eyes on local data
Fed fund futures price a first rate hike from the US Fed in early 2H 2015; eyes on local data
NZD firm on upbeat local factories, weak US retail and rising AU unemployment; euro gains on rumour of a big deal pending
NZD firm on upbeat local factories, weak US retail and rising AU unemployment; euro gains on rumour of a big deal pending
Wholesale rates and spreads drift on weak US retail and weak AU employment data
Wholesale rates and spreads drift on weak US retail and weak AU employment data