bnzeconomists
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NZ swap yields continue their rise, especially at the long end
Chinese inflation higher; commodity prices lower
Selling pressure in NZ bonds with yields closing up 9 to 10bps
ECB declines to help in Greek debt restructuring; Italian GDP negative
Swap spreads widen; 10-year swap spreads now at 33bps
NZD/AUD 'fair value' falls 1c on RBA no-rate-cut decision
US payroll data saw global long yields surge. NZ will play catch-up today
NZD/USD fundamentals have improved, but the extent of recent gains means the currency is looking overstretched
NZD/USD fundamentals have improved, but the extent of recent gains means the currency is looking overstretched
The new LGFA will hold first bond tender on February 15, with a likely amount of $250m
Greek PSI talks are "ultra difficult": ECB
Positive surprises to global manufacturing data boosts risk sentiment
Markets await international PMI releases, expecting China to struggle, US and Europe to rise
Markets await international PMI releases, expecting China to struggle, US and Europe to rise
Poor US data boosts the 'safe haven' appeal of the greenback
Greece baulks at German appointed commissioner for its budget
Markets now pricing in a 30% chance of a 25bps rate cut in the year ahead
NZD direction depends on tug-of-war between domestic negatives and global positives
NZD direction depends on tug-of-war between domestic negatives and global positives
Market price in a 20% chance of a 25bps rate cut in the year ahead
NZD-USD to test October’s 0.8245 high before too much longer
NZ bond market yields up, dragged higher by rise in Australian bond yields
Chances of a more volatile NZD reaction to the RBNZ statement
Emerging markets buffer themselves from the ill-effects of the European crisis
Keep an eye on the Aussie CPI data - they may signal another RBA rate cut
Curve may steepen as the short-end remains well anchored ahead of RBNZ meeting
There’s oodles of event risk for currency markets this week
NZ$ sitting just above 80 US cents after falling on weak domestic inflation data; 'Risk on' following solid Euro bond auctions
NZ$ sitting just above 80 US cents after falling on weak domestic inflation data; 'Risk on' following solid Euro bond auctions