Doug Steel

Articles by Doug Steel

13 Oct 17, 8:23am
Oil price fall supports rise in bond prices, despite US PPI inflation. NZ yields fall across the curve in sympathy. Eyes on US, China and AU data
More...
13 Oct 17, 8:13am
GBP has had a wild ride overnight on the ebb and flow of Brexit talk headlines; NZD and AUD have performing strongly; US dollar index currently sits flat on the day, halting a four day decline
More...
11 Oct 17, 9:05am
Local rates will meander sideways until next Government is revealed. US Fed decision awaits US CPI reading, most analysts expect a December rise
More...
11 Oct 17, 8:01am
USD traded lower overnight, down moderately against all majors; European currencies rose overnight, reflecting a soft USD; NZD has generally underperformed, up just 0.1% against a weaker USD
More...
10 Oct 17, 8:03am
European 10yr bond yields ease 1-3 bps; local rates movements all within a basis point across the swap curve; NZ government bond yields did push 2 to 3.5 basis points higher across the curve
More...
10 Oct 17, 7:57am
NZDUSD opens this morning around 0.7070, while NZDAUD sits close to 0.9110; GBP gained some support; EUR up 0.2% to close at 1.1750
More...
31 Aug 17, 8:26am
USD DXY index was up 0.7% as broad based gains were made on better than expected GDP and employment data; NZDUSD closed at the bottom of its recent 0.7190 to 0.7300 range; NZDAUD tested the 0.9070 support level to currently trade at 0.9110
More...
31 Aug 17, 8:21am
Eyes on US employment data, but S&P warns on US debt ceiling brinkmanship. Risk aversion eases. Local rates 'void of broad direction'
More...
30 Aug 17, 8:25am
North Korea fired a missile towards Japan yesterday, which soured risk sentiment; risk sentiment recovered later in day as markets speculated that tensions will not escalate; NZD followed the global risk sentiment moves to trade at 0.7250 USD this morning
More...
30 Aug 17, 8:08am
Markets fret about US debt ceiling, North Korea, US tax reform. And adopt a risk off view. Low long end yields continued recent NZ curve flattening
More...
29 Aug 17, 8:29am
USD extended Friday's losses on a thin trading day, the DXY index was down 0.5%; European currencies continued to benefit; NZDUSD trades at the top of its 30 point range; gold up more than 1.5%
More...
29 Aug 17, 8:05am
Markets await Trump tax plan, but assume he be equally ineffective as previous 'plans'. Other data should have larger impact
More...
2 Aug 17, 8:23am
Mixed US data weighs on UST yields, with European long end yields following. These moves will influence local yields today. Spencer speech expected to make no waves
More...
2 Aug 17, 8:19am
NZD pressed down towards 0.7460 USD before finding support; USD recovered some losses after mixed data releases; AUDUSD 0.5% lower at 0.7965 and AUDNZD trading at around 0.9380
More...
1 Aug 17, 8:17am
USD suffers fifth consecutive monthly loss, the longest streak since 2011; NZD, AUD and CAD direction driven by commodity prices; EURUSD trading at highest level since early 2015
More...
1 Aug 17, 8:08am
Bond yields take a break as neither data flows nor policy maker signals indicate where fixed income markets are headed
More...
31 Jul 17, 8:21am
Weaker than expected GDP data and US politics weigh in on the USD, the DXY down 0.6%, UST yields lower; NZD benefits from the weakening USD; NZGB yields rose on Friday, with a steepening bias
More...
28 Jul 17, 8:21am
USD rose against most major currencies overnight as it fought back from the punishment it took after the Fed announcement; NZD tested 0.7560 USD yesterday, currently trading below the 0.7500 mark; NZDAUD opens at 0.9400
More...
28 Jul 17, 8:17am
Despite a small rise in the US, yields are generally lower around the world, including in New Zealand. Focus turns to US Q2 GDP result
More...
27 Jul 17, 9:51am
US Fed comments drive a fall in yields. RBNZ reduces their view of the neutral cash rate. Australian inflation miss and RBA comment sees their yields slip
More...
  •  
  • 1 of 3
  • >>
Subscribe to Articles by Doug Steel