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International bond yields touch historic lows as inflation pressures evaporate resulting in a bond price boom
7th Jan 15, 8:28am
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International bond yields touch historic lows as inflation pressures evaporate resulting in a bond price boom
Risk appetites fall further as oil plunge continues. Yen gains but euro and GBP both lose value overnight
6th Jan 15, 8:40am
Risk appetites fall further as oil plunge continues. Yen gains but euro and GBP both lose value overnight
It will be difficult for 2-year swap to fall much below current levels without the market beginning to price rate cuts
6th Jan 15, 8:32am
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It will be difficult for 2-year swap to fall much below current levels without the market beginning to price rate cuts
After a push higher the NZD has retreated somewhat although it is still at elevated levels against the EUR and GBP and especially the AUD
5th Jan 15, 9:11am
After a push higher the NZD has retreated somewhat although it is still at elevated levels against the EUR and GBP and especially the AUD
NZ yields fall since end of 2014. US yields also slipped back after the rises induced by the unexpectedly strong US GDP data
5th Jan 15, 9:01am
NZ yields fall since end of 2014. US yields also slipped back after the rises induced by the unexpectedly strong US GDP data
Head-scratching over rise in the NZD after downward revisions to prior GDP growth rates; perhaps investors heartened by Yellen
19th Dec 14, 8:28am
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Head-scratching over rise in the NZD after downward revisions to prior GDP growth rates; perhaps investors heartened by Yellen
Clear signals from the US Fed that policy rates will rise mid 2015 sees wholesale markets bid up benchmark rates. NZ swaps follow
19th Dec 14, 8:13am
Clear signals from the US Fed that policy rates will rise mid 2015 sees wholesale markets bid up benchmark rates. NZ swaps follow
USD investors pre-positioning for upbeat tone from Fed; market ignored NZ current account deficit growing; decent bounce in oil price improves market sentiment
18th Dec 14, 8:23am
USD investors pre-positioning for upbeat tone from Fed; market ignored NZ current account deficit growing; decent bounce in oil price improves market sentiment
Tightening and flattening of rate curves continues with long end falls continuing
18th Dec 14, 8:21am
Tightening and flattening of rate curves continues with long end falls continuing
Despite media pounce on lack of NZ surplus, financial markets hardly blinked; NZ looks good to nervous global investors
17th Dec 14, 8:27am
Despite media pounce on lack of NZ surplus, financial markets hardly blinked; NZ looks good to nervous global investors
Tight NZGB issuance confirmed, UST yields declined as Russian risks play out; eyes now on Fed signals
17th Dec 14, 8:20am
Tight NZGB issuance confirmed, UST yields declined as Russian risks play out; eyes now on Fed signals
Economic confidence taking a battering everywhere, except the US (and NZ), HYEFU may be ignored by currency markets
16th Dec 14, 8:31am
Economic confidence taking a battering everywhere, except the US (and NZ), HYEFU may be ignored by currency markets
NZGB to attract more scarcity premium although key risk remains currency exposure; swaps lower and flatter again
16th Dec 14, 8:19am
NZGB to attract more scarcity premium although key risk remains currency exposure; swaps lower and flatter again
NZD drifts lower following other commodity currencies, but will find direction this week from Q3 GDP result and US Fed decisions
15th Dec 14, 8:11am
NZD drifts lower following other commodity currencies, but will find direction this week from Q3 GDP result and US Fed decisions
NZ swap yields lower as US and German benchmark bond yields fall further. Short end in NZ stable, pressure lower at long end
15th Dec 14, 8:03am
NZ swap yields lower as US and German benchmark bond yields fall further. Short end in NZ stable, pressure lower at long end
Markets liked Wheeler's MPS but Wheeler didn't like the market bidding the NZD up, he sees it falling from here
12th Dec 14, 8:07am
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Markets liked Wheeler's MPS but Wheeler didn't like the market bidding the NZD up, he sees it falling from here
Markets now expecting NZ OCR hikes to 4.25% by 2017 after restart in rises in late 2015; ECB TLTRO offer spurned
12th Dec 14, 7:55am
Markets now expecting NZ OCR hikes to 4.25% by 2017 after restart in rises in late 2015; ECB TLTRO offer spurned
NZD risks are to the downside; USD falls as does risk appetite; AU consumer sentiment low
11th Dec 14, 8:07am
NZD risks are to the downside; USD falls as does risk appetite; AU consumer sentiment low
NZ swaps pushed lower by international trends; Greek yields surge higher, with contagion to Italy. Eyes on AU unemployment report
11th Dec 14, 7:56am
NZ swaps pushed lower by international trends; Greek yields surge higher, with contagion to Italy. Eyes on AU unemployment report
Eyes on Fonterra; European and China moves all undermine risk, Yen strongest gainer on the day
10th Dec 14, 8:21am
Eyes on Fonterra; European and China moves all undermine risk, Yen strongest gainer on the day
Negative risk sentiment pushes benchmark bond rates lower. Aussie weakness may weigh on NZ
10th Dec 14, 8:14am
Negative risk sentiment pushes benchmark bond rates lower. Aussie weakness may weigh on NZ
Currency markets factoring in possible Fonterra payout scenarios; surprises will move the currency. ECB voter talks of eurozone's 'massive weakness'
9th Dec 14, 7:53am
Currency markets factoring in possible Fonterra payout scenarios; surprises will move the currency. ECB voter talks of eurozone's 'massive weakness'
NZ wholesale rates struggle to find direction ahead of Fonterra payout announcement; Aussies still eyeing rate cuts in 2015
9th Dec 14, 7:44am
NZ wholesale rates struggle to find direction ahead of Fonterra payout announcement; Aussies still eyeing rate cuts in 2015
Rising US yields, along with higher German and Australian yields, will see longer dated NZ equivalents higher today
8th Dec 14, 9:17am
Rising US yields, along with higher German and Australian yields, will see longer dated NZ equivalents higher today
Kiwi entering a sustained downtrend in 2015 which could start soon, led by RBNZ signals and lower Fonterra payout decisions
8th Dec 14, 9:04am
Kiwi entering a sustained downtrend in 2015 which could start soon, led by RBNZ signals and lower Fonterra payout decisions