bnzeconomists
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Short end swaps gets hammered, with 2-year finding its first point of liquidity at 2.77%
20th Jan 12, 8:38am
Short end swaps gets hammered, with 2-year finding its first point of liquidity at 2.77%
Market expects annual headline NZ inflation of 2.6% in year to December, quarterly inflation of 0.4% in December quarter
19th Jan 12, 9:28am
Market expects annual headline NZ inflation of 2.6% in year to December, quarterly inflation of 0.4% in December quarter
Potential for NZ dollar to head upwards toward 82 US cents; Hits highest level against British pound since September
19th Jan 12, 9:22am
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Potential for NZ dollar to head upwards toward 82 US cents; Hits highest level against British pound since September
Over half of NZ government bonds are owned by foreigners
Sentiment broadly positive after solid Chinese, German and US data releases
18th Jan 12, 9:01am
Sentiment broadly positive after solid Chinese, German and US data releases
Bond yields opened down, drift lower in advance of QSBO
"The crisis will eventually pass and prosperity will arrive": Chinese Premier Wen
17th Jan 12, 8:41am
"The crisis will eventually pass and prosperity will arrive": Chinese Premier Wen
Chance of Greek debt default rises after creditors leave talks; NZ$ traders watch for EU policy makers' response to 'Black Friday' downgrades
16th Jan 12, 9:32am
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Chance of Greek debt default rises after creditors leave talks; NZ$ traders watch for EU policy makers' response to 'Black Friday' downgrades
Sentiment towards the EUR brightened noticeably
Greece "has the potential to plunge the euro zone into crisis"
EU sovereign bond auctions go well; US earnings as expected
Contrasting trans-Tasman fortunes underpinned a higher NZD
Europe’s percolating debt crisis remains in focus; US earnings reports due
9th Jan 12, 8:52am
Europe’s percolating debt crisis remains in focus; US earnings reports due
Bonds rally after solid demand for final DMO tender for 2011
There were no lasting positives for the NZD from the GDP figures
23rd Dec 11, 9:02am
There were no lasting positives for the NZD from the GDP figures
Yesterday, yields moved up across the NZ swap and bond curve, following offshore moves
22nd Dec 11, 8:43am
Yesterday, yields moved up across the NZ swap and bond curve, following offshore moves
Lower liquidity and Euro rumours make for a choppy market
Good data releases in US and Europe help risk markets stage a rally; Fonterra dairy auction prices hold up well
21st Dec 11, 8:32am
Good data releases in US and Europe help risk markets stage a rally; Fonterra dairy auction prices hold up well
Well received Spanish bill auction and positive German data help non-core Euro yields lower
21st Dec 11, 8:30am
Well received Spanish bill auction and positive German data help non-core Euro yields lower
Any shift in RBA thinking in today's minutes could influence RBNZ rate action expectations
20th Dec 11, 8:37am
Any shift in RBA thinking in today's minutes could influence RBNZ rate action expectations
Currencies were relatively range-bound over the past 24-hours. The USD was a little stronger, with the AUD and NZD the weakest performers.
20th Dec 11, 8:30am
Currencies were relatively range-bound over the past 24-hours. The USD was a little stronger, with the AUD and NZD the weakest performers.
Although NZ$/US$ was down significantly over the week, on Friday it managed to recover some strength
19th Dec 11, 8:49am
Although NZ$/US$ was down significantly over the week, on Friday it managed to recover some strength
NZ yields rebounded from their recent lows on Friday. Swap and bond yields closed up 5 to 10bps across the curve.
19th Dec 11, 8:48am
NZ yields rebounded from their recent lows on Friday. Swap and bond yields closed up 5 to 10bps across the curve.
Further falls in NZ yields may make NZGS auctions less attractive with long term yields hitting new lows
16th Dec 11, 8:50am
Further falls in NZ yields may make NZGS auctions less attractive with long term yields hitting new lows
Better US data and good demand at a Spanish bond auction prompts reversal in risk appetite
16th Dec 11, 8:42am
Better US data and good demand at a Spanish bond auction prompts reversal in risk appetite