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BNZ PMI reading the highest since June 2004 and nudged up short end yields; 2-year swap rates heading towards mid-February highs
BNZ PMI reading the highest since June 2004 and nudged up short end yields; 2-year swap rates heading towards mid-February highs
Japanese Yen strengthening continues as BoJ Minutes show stimulus may be restricted to a two-year period
Japanese Yen strengthening continues as BoJ Minutes show stimulus may be restricted to a two-year period
RBNZ's official 90-day bank bill track still implies a first 25bps hike around Q3 next year
Nikkei Index falls 6.35% as market questions BoJ's commitment to further stimulus
Nikkei Index falls 6.35% as market questions BoJ's commitment to further stimulus
RBNZ concerned about hiking the OCR for fear of stronger NZ$, but reluctant to cut as it would create an even bigger housing monster
RBNZ concerned about hiking the OCR for fear of stronger NZ$, but reluctant to cut as it would create an even bigger housing monster
RBNZ expected to play with a straight bat and not say anything that will reignite NZ$ strength
RBNZ expected to play with a straight bat and not say anything that will reignite NZ$ strength
Market slowly coming around to fact the RBNZ will hike rates within the next 12-months
Market slowly coming around to fact the RBNZ will hike rates within the next 12-months
NZ$ sent lower against most other currencies as Bank of Japan fails to announce additional stimulus measures; NZ$/US$ breaks through 0.7800
NZ$ sent lower against most other currencies as Bank of Japan fails to announce additional stimulus measures; NZ$/US$ breaks through 0.7800
S&P announces revised US sovereign credit outlook to stable from negative and retains AA+ ( long term) rating
S&P announces revised US sovereign credit outlook to stable from negative and retains AA+ ( long term) rating
Speculative positioning data shows net long NZ$ positions have plummeted and this cautions against taking on a bearish NZ$ view
Speculative positioning data shows net long NZ$ positions have plummeted and this cautions against taking on a bearish NZ$ view
Pronounced volatility in US 10-year bond yields as US employment report sends mixed messages to market
Pronounced volatility in US 10-year bond yields as US employment report sends mixed messages to market
Softer-than-expected outcome for Chinese trade puts NZ$ and A$ on backfoot against majors
Softer-than-expected outcome for Chinese trade puts NZ$ and A$ on backfoot against majors
Market expectations building that RBA will cut Australia's cash rate to sit below RBNZ's OCR of 2.5%
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Market expectations building that RBA will cut Australia's cash rate to sit below RBNZ's OCR of 2.5%
Market participants have already reduced US$ positions ahead of what is expected to be a weaker US payrolls report
Market participants have already reduced US$ positions ahead of what is expected to be a weaker US payrolls report
Global stock markets tumble following release of uniformly disappointing data on both sides of the Atlantic
Global stock markets tumble following release of uniformly disappointing data on both sides of the Atlantic
Disappointing EU and US data sees benchmark yields fall; NZ-AU swap spreads widen to 2yr highs
Disappointing EU and US data sees benchmark yields fall; NZ-AU swap spreads widen to 2yr highs
RBA sees pickup in global growth ahead and experts believe current easing bias will continue to boost growth prospects over time
RBA sees pickup in global growth ahead and experts believe current easing bias will continue to boost growth prospects over time
Latest Fonterra auction sees dairy prices declined 5.3% eroding some of the previous 'drought inspired' gains
Latest Fonterra auction sees dairy prices declined 5.3% eroding some of the previous 'drought inspired' gains
Stronger-than-expected European PMI data sees safe haven German and US bonds sold off; US treasuries traded as high as 2.18%
Stronger-than-expected European PMI data sees safe haven German and US bonds sold off; US treasuries traded as high as 2.18%
After recently falling to below 0.8000 against the US$, the NZ$ has strengthened around 1.70% to trade back at 0.8100
After recently falling to below 0.8000 against the US$, the NZ$ has strengthened around 1.70% to trade back at 0.8100
RBNZ in no hurry to adjust 90-day bank bill track which implies the first OCR hike will be in the second half of 2014
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RBNZ in no hurry to adjust 90-day bank bill track which implies the first OCR hike will be in the second half of 2014
AU capital expenditure falls 4.7% creating volatility in A$ trading; NZ$ weaker against Euro and US$
AU capital expenditure falls 4.7% creating volatility in A$ trading; NZ$ weaker against Euro and US$
Traders continue to favour a “long” NZ$/A$ position after Fonterra’s first forecast of $7.00/kgMS for new season
Traders continue to favour a “long” NZ$/A$ position after Fonterra’s first forecast of $7.00/kgMS for new season
Double-whammy of positive US data pushes treasury yields up through the 2.10% ceiling
Double-whammy of positive US data pushes treasury yields up through the 2.10% ceiling
Broad US$ sentiment could be offset by the expected Fonterra forecast payout for the 2013/14 season
Broad US$ sentiment could be offset by the expected Fonterra forecast payout for the 2013/14 season