bnzeconomists
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US treasuries gap higher before finding some composure; NZ 10-year swaps close up 19 bps at 5.12% and close to August 2011 highs
9th Sep 13, 8:52am
US treasuries gap higher before finding some composure; NZ 10-year swaps close up 19 bps at 5.12% and close to August 2011 highs
Chinese data and weaker-than-expected US employment numbers support NZ$
9th Sep 13, 8:37am
Chinese data and weaker-than-expected US employment numbers support NZ$
Combination of a stronger US$ and a dovish sounding ECB amounted to a perfect storm for the Euro
6th Sep 13, 8:18am
Combination of a stronger US$ and a dovish sounding ECB amounted to a perfect storm for the Euro
Safe haven currencies shunned as risk on trading takes over; appears markets are becoming less nervous about Syria
5th Sep 13, 8:17am
Safe haven currencies shunned as risk on trading takes over; appears markets are becoming less nervous about Syria
Rumours and denials about missile launches in the Med rattled investor confidence; oil rises 1.7%
4th Sep 13, 8:29am
Rumours and denials about missile launches in the Med rattled investor confidence; oil rises 1.7%
BNZ's Terms of Trade adjusted PPP model shows long run equilibrium for both NZ$/US$ and NZ$/A$ bumped up by 2c
3rd Sep 13, 8:30am
BNZ's Terms of Trade adjusted PPP model shows long run equilibrium for both NZ$/US$ and NZ$/A$ bumped up by 2c
Imminent western intervention in Syria could see the NZ$/US$ climb even further
2nd Sep 13, 8:48am
Imminent western intervention in Syria could see the NZ$/US$ climb even further
Eyes on China PMI, India and Indonesia move to shore up support for their currencies, NZD slips
30th Aug 13, 8:33am
Eyes on China PMI, India and Indonesia move to shore up support for their currencies, NZD slips
Risk appetite stabilises; yield surge fizzles; US inflation no concern to Fed
30th Aug 13, 8:24am
Risk appetite stabilises; yield surge fizzles; US inflation no concern to Fed
Risk aversion and safe-haven demand eases; markets wary of further signs of EM stress
29th Aug 13, 8:50am
Risk aversion and safe-haven demand eases; markets wary of further signs of EM stress
Markets inch back expectations of rate hike in NZ, rate cut in AU; BoE echoes RBNZ looking for non-rate tools
29th Aug 13, 8:42am
Markets inch back expectations of rate hike in NZ, rate cut in AU; BoE echoes RBNZ looking for non-rate tools
Markets focused on the Middle-East; emerging market issues still unfolding; focus off tapering
28th Aug 13, 8:21am
Markets focused on the Middle-East; emerging market issues still unfolding; focus off tapering
NZ bond and swap yields down, Syrian tension drives safe haven demand, squeeze expected if offshore bonds rally further
28th Aug 13, 8:08am
NZ bond and swap yields down, Syrian tension drives safe haven demand, squeeze expected if offshore bonds rally further
Despite poor NZ trade data, core imports of investment goods show evidence of the construction upswing that’s underway
27th Aug 13, 8:14am
Despite poor NZ trade data, core imports of investment goods show evidence of the construction upswing that’s underway
NZ bond yields down, but at current 4.63% and fat spreads to US and AU, BNZ thinks this may encourage demand
27th Aug 13, 8:06am
NZ bond yields down, but at current 4.63% and fat spreads to US and AU, BNZ thinks this may encourage demand
US housing down, UK growth up; USD underperformed; data light on EU holidays
26th Aug 13, 8:40am
US housing down, UK growth up; USD underperformed; data light on EU holidays
NZ swaps lower but 2-10 curve at 2 year high; US housing data disappoints
26th Aug 13, 8:25am
NZ swaps lower but 2-10 curve at 2 year high; US housing data disappoints
USD will remain on the front foot, as it continues to benefit from rising yields and snippets of ‘safe-haven’ demand
23rd Aug 13, 8:28am
USD will remain on the front foot, as it continues to benefit from rising yields and snippets of ‘safe-haven’ demand
Risk appetite rises, bond yields rise, rising demand for NZGBs expected if UST yields stabilise
23rd Aug 13, 8:17am
Risk appetite rises, bond yields rise, rising demand for NZGBs expected if UST yields stabilise
US Federal Reserve were 'broadly comfortable' with the plan to reduce bond purchases later this year
22nd Aug 13, 8:50am
US Federal Reserve were 'broadly comfortable' with the plan to reduce bond purchases later this year
Buying interest in NZ government bonds rises with levels of outright yields, spreads to offshore counterparts, and spreads to swap
22nd Aug 13, 8:37am
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Buying interest in NZ government bonds rises with levels of outright yields, spreads to offshore counterparts, and spreads to swap
Interest rate markets responded to Wheelers LVR announcement by reining in near-term rate hike expectations
21st Aug 13, 8:28am
Interest rate markets responded to Wheelers LVR announcement by reining in near-term rate hike expectations
Imposition of the LVR limits has done nothing to change BNZ's NZ$ view; Fundamentals are still positive
21st Aug 13, 8:20am
Imposition of the LVR limits has done nothing to change BNZ's NZ$ view; Fundamentals are still positive
Despite the push higher in NZ bond yields, spreads to offshore counterparts have not widened
20th Aug 13, 8:21am
Despite the push higher in NZ bond yields, spreads to offshore counterparts have not widened
Latest PMI & PSI data adds to previous signs NZ economic expansion is now accelerating; chance of getting 5% GDP growth over the coming 12-months
20th Aug 13, 8:01am
Latest PMI & PSI data adds to previous signs NZ economic expansion is now accelerating; chance of getting 5% GDP growth over the coming 12-months