10th May 19, 8:09am
Market nervous about US-China trade talks; equities and bond yields are lower but the USD is also under a little bit of pressure and shows broadly based losses; NZD recovering towards 0.66 and the AUD towards 0.70
Market nervous about US-China trade talks; equities and bond yields are lower but the USD is also under a little bit of pressure and shows broadly based losses; NZD recovering towards 0.66 and the AUD towards 0.70
9th May 19, 8:35am
US equities modestly positive and US rates slightly higher; NZD has only sustained a small fall after the RBNZ cut rates yesterday; GBP remains soft as hopes for a Brexit deal fade
US equities modestly positive and US rates slightly higher; NZD has only sustained a small fall after the RBNZ cut rates yesterday; GBP remains soft as hopes for a Brexit deal fade
8th May 19, 8:10am
Belated slump in US equities, while US Treasury rates are pushing lower; JPY and the USD are well supported in this environment; NZD slipped below 0.66 overnight while the AUD shredded its post-RBA gains
Belated slump in US equities, while US Treasury rates are pushing lower; JPY and the USD are well supported in this environment; NZD slipped below 0.66 overnight while the AUD shredded its post-RBA gains
7th May 19, 8:27am
Markets opened the week suffering under the weight of President Trump’s early Monday morning tweet; NZD has settled this morning around 0.6610; NZ rates pushed lower yesterday
Markets opened the week suffering under the weight of President Trump’s early Monday morning tweet; NZD has settled this morning around 0.6610; NZ rates pushed lower yesterday
6th May 19, 8:28am
Good US jobs report overshadowed by US:China trade negotiation 'surprise'. NZD may come under pressure. Market positioning suggests RBNZ rate cut more likely
Good US jobs report overshadowed by US:China trade negotiation 'surprise'. NZD may come under pressure. Market positioning suggests RBNZ rate cut more likely
3rd May 19, 8:15am
Yesterday’s fall in US equities, and rise in US rates and USD after Fed Chair Powell uttered the words low inflation may be “transitory” has carried through into another trading session; NZD currently sits at 0.6620
Yesterday’s fall in US equities, and rise in US rates and USD after Fed Chair Powell uttered the words low inflation may be “transitory” has carried through into another trading session; NZD currently sits at 0.6620
2nd May 19, 8:12am
NZD has solidified the loss seen post the NZ labour market data yesterday; FOMC statement had no surprises; US rates were lower but have bounced back up
NZD has solidified the loss seen post the NZ labour market data yesterday; FOMC statement had no surprises; US rates were lower but have bounced back up
1st May 19, 8:18am
Net result is a flat US equity market and softer USD across the board, with GBP outperforming; US rates have pushed lower; CAD has performed well despite Canada GDP growth
Net result is a flat US equity market and softer USD across the board, with GBP outperforming; US rates have pushed lower; CAD has performed well despite Canada GDP growth
30th Apr 19, 8:32am
Modest price action in currency markets, while US rates have pushed higher; US and China trade negotiators will be back at the table this week; NZ swap rates had an upward bias yesterday
Modest price action in currency markets, while US rates have pushed higher; US and China trade negotiators will be back at the table this week; NZ swap rates had an upward bias yesterday
29th Apr 19, 8:28am
NZD ended the week on a positive note, alongside other commodity currencies, helped along by an underwhelming US GDP report that also saw US treasury yields retreat
NZD ended the week on a positive note, alongside other commodity currencies, helped along by an underwhelming US GDP report that also saw US treasury yields retreat
26th Apr 19, 8:00am
USD remains well bid, although the NZD is trying to recover after reaching a fresh year-to date low on ANZAC Day; US 10-year Treasury yields have nudged higher overnight but are still lower than when we left the office on Wednesday
USD remains well bid, although the NZD is trying to recover after reaching a fresh year-to date low on ANZAC Day; US 10-year Treasury yields have nudged higher overnight but are still lower than when we left the office on Wednesday
24th Apr 19, 8:08am
USD has shown broadly based gains, seeing it make a fresh high for the year, while the NZD makes a low; that’s against a backdrop of stronger equity markets; meanwhile in bond markets, European rates are higher, while US Treasury rates are slightly lower
USD has shown broadly based gains, seeing it make a fresh high for the year, while the NZD makes a low; that’s against a backdrop of stronger equity markets; meanwhile in bond markets, European rates are higher, while US Treasury rates are slightly lower
23rd Apr 19, 7:54am
NZD and AUD fell late on Thursday and have sustained those losses; main price action to speak of is a strong gain in crude oil prices; higher oil prices have given a little boost to the US 10-year Treasury rate
NZD and AUD fell late on Thursday and have sustained those losses; main price action to speak of is a strong gain in crude oil prices; higher oil prices have given a little boost to the US 10-year Treasury rate
18th Apr 19, 7:55am
Little pulse across global equities and bond markets; currency markets have showed little movement overnight, while the NZD remains at the bottom of the pack after yesterday’s downside miss to the CPI
Little pulse across global equities and bond markets; currency markets have showed little movement overnight, while the NZD remains at the bottom of the pack after yesterday’s downside miss to the CPI
17th Apr 19, 7:40am
US Treasury rates continue to trend higher and the 10-year rate is now back to levels preceding the last Fed meeting; AUD has recovered yesterday’s losses to trade flat, while the NZD remains flat
US Treasury rates continue to trend higher and the 10-year rate is now back to levels preceding the last Fed meeting; AUD has recovered yesterday’s losses to trade flat, while the NZD remains flat
16th Apr 19, 8:15am
US equities have spent much of the session in negative territory and are currently slightly lower, US Treasuries have traded in a narrow range and the NZD and AUD are little changed from where they began the week
US equities have spent much of the session in negative territory and are currently slightly lower, US Treasuries have traded in a narrow range and the NZD and AUD are little changed from where they began the week
15th Apr 19, 8:12am
Commodity currencies outperform, alongside higher global equities and rates; the whole of last week was “low vol” for the NZD; AUD slightly outperformed the NZD
Commodity currencies outperform, alongside higher global equities and rates; the whole of last week was “low vol” for the NZD; AUD slightly outperformed the NZD
5th Apr 19, 8:08am
Within the mix of little overall price action, there’s some unexplainable weakness in the NZD following some weird rates activity yesterday; US 10-year Treasury rate has traded a tight 2.49-2.52% range
Within the mix of little overall price action, there’s some unexplainable weakness in the NZD following some weird rates activity yesterday; US 10-year Treasury rate has traded a tight 2.49-2.52% range
4th Apr 19, 8:30am
Positive economic and US-China trade talk news sees risk appetite improve, driving equities and global rates higher; NZD and AUD have pushed on higher against a backdrop of a weaker USD
Positive economic and US-China trade talk news sees risk appetite improve, driving equities and global rates higher; NZD and AUD have pushed on higher against a backdrop of a weaker USD
3rd Apr 19, 7:36am
US equities are flat to lower and US Treasury rates have steadied after the significant sell-off yesterday; NZD, AUD and CAD are all weaker
US equities are flat to lower and US Treasury rates have steadied after the significant sell-off yesterday; NZD, AUD and CAD are all weaker
