bnzeconomists
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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
17th Jun 13, 8:08am
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
17th Jun 13, 7:59am
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
14th Jun 13, 8:14am
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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
14th Jun 13, 8:04am
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$, but reluctant to cut as it would create an even bigger housing monster
13th Jun 13, 7:55am
RBNZ concerned about hiking the OCR for fear of stronger NZ$, 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
13th Jun 13, 7:44am
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
12th Jun 13, 8:18am
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
12th Jun 13, 8:11am
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
11th Jun 13, 7:57am
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
11th Jun 13, 7:48am
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
10th Jun 13, 8:51am
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
10th Jun 13, 8:40am
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%
7th Jun 13, 8:20am
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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
7th Jun 13, 8:11am
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
6th Jun 13, 8:08am
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
6th Jun 13, 8:08am
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
5th Jun 13, 8:06am
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
5th Jun 13, 7:54am
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%
4th Jun 13, 8:08am
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
4th Jun 13, 7:53am
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
31st May 13, 8:43am
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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$
31st May 13, 8:26am
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 $7.00/kgMS for new season
30th May 13, 8:07am
Traders continue to favour a “long” NZ$/A$ position after Fonterra’s first forecast of $7.00/kgMS for new season
Double-whammy of positive US data pushes treasury yields up through the 2.10% ceiling
29th May 13, 8:50am
Double-whammy of positive US data pushes treasury yields up through the 2.10% ceiling
Broad US$ sentiment could be offset by the expected Fonterra forecast payout for the 2013/14 season
29th May 13, 8:39am
Broad US$ sentiment could be offset by the expected Fonterra forecast payout for the 2013/14 season