Jason Wong

Oil prices down over 6% as Saudi production back up. USD reverses course, seeing NZD and AUD recover yesterday’s losses. UST yields lower

Oil prices down over 6% as Saudi production back up. USD reverses course, seeing NZD and AUD recover yesterday’s losses. UST yields lower

Oil prices surge 14%. NZD falls below 0.6350 as safe haven currencies outperform. Global equities and rates push lower

Oil prices surge 14%. NZD falls below 0.6350 as safe haven currencies outperform. Global equities and rates push lower

Global bond rates continue to climb significantly higher. NZD falls, even as yuan and AUD strengthen. GBP up over 1% on soft or delayed Brexit vibe. Oil prices to rise significantly as Saudi oil production facilities attacked

Global bond rates continue to climb significantly higher. NZD falls, even as yuan and AUD strengthen. GBP up over 1% on soft or delayed Brexit vibe. Oil prices to rise significantly as Saudi oil production facilities attacked

The NZD and AUD have sustained their gains, while GBP continues its recovery on Brexit optimism. A big bond market sell-off, with UST yields up over 10 bps across the curve on trade signals

The NZD and AUD have sustained their gains, while GBP continues its recovery on Brexit optimism. A big bond market sell-off, with UST yields up over 10 bps across the curve on trade signals

Risk appetite has improved after the reduction in some geopolitical risks, with better news out of Hong Kong, Italy and the UK. The USD has shown broadly based falls, following the very weak ISM manufacturing report

Risk appetite has improved after the reduction in some geopolitical risks, with better news out of Hong Kong, Italy and the UK. The USD has shown broadly based falls, following the very weak ISM manufacturing report

US equities, rates and the USD are much lower following a weak ISM manufacturing report. The NZD has recovered over half a cent from its low point yesterday afternoon to trade about 0.6325

US equities, rates and the USD are much lower following a weak ISM manufacturing report. The NZD has recovered over half a cent from its low point yesterday afternoon to trade about 0.6325

China takes the US to WTO over tariff actions. Next Brexit move depends on parliamentary vote. NZD holds at its lower level. Eyes on RBA rate decision, then on dairy auction

China takes the US to WTO over tariff actions. Next Brexit move depends on parliamentary vote. NZD holds at its lower level. Eyes on RBA rate decision, then on dairy auction

Hedging flow activity more influential than economic data on currencies. US data mixed. EUR under pressure. Canada stars. NZD weaker

Hedging flow activity more influential than economic data on currencies. US data mixed. EUR under pressure. Canada stars. NZD weaker

Markets see State banks coming to the aid of the Chinese currency. The NZD depreciates toward fair value. Eyes now turn to Powell's speech and assessments of his dovishness

Markets see State banks coming to the aid of the Chinese currency. The NZD depreciates toward fair value. Eyes now turn to Powell's speech and assessments of his dovishness

US Fed minutes reveal dissent detail but no real surprises. Watchdog warns on 'unsustainable course' of US budget deficit. Bond rates with small upward bias. Merkel challenges Johnson on Irish border solution

US Fed minutes reveal dissent detail but no real surprises. Watchdog warns on 'unsustainable course' of US budget deficit. Bond rates with small upward bias. Merkel challenges Johnson on Irish border solution

The EU's fourth largest economy plunged into political chaos again. EU mulls Brexit position. Global equities fall and global rates reverse. Investors pare positions with sovereign debt

The EU's fourth largest economy plunged into political chaos again. EU mulls Brexit position. Global equities fall and global rates reverse. Investors pare positions with sovereign debt

Temporary US back-track on Huawei and expectations of German fiscal stimulus combine to juice equity prices higher and bond yields higher. US President sharpens attack on the Fed

Temporary US back-track on Huawei and expectations of German fiscal stimulus combine to juice equity prices higher and bond yields higher. US President sharpens attack on the Fed

With nothing positive to happen in the US-China trade war, the NZD will follow the CNY down against the USD to fresh lows, nudged even lower by the OCR cut. We will weaken against the AUD too: BNZ

With nothing positive to happen in the US-China trade war, the NZD will follow the CNY down against the USD to fresh lows, nudged even lower by the OCR cut. We will weaken against the AUD too: BNZ

Trade retaliation shifts from tariffs to purchasing boycotts. Prospects for resolution dims. UK weakens. Japan growth better than expected. Orr talks up NZ's position

Trade retaliation shifts from tariffs to purchasing boycotts. Prospects for resolution dims. UK weakens. Japan growth better than expected. Orr talks up NZ's position

Market sentiment improves, and both equity and bond yield markets push higher. China's management of their exchange rate cheered by markets. But the NZD faces headwinds as the yuan depreciates

Market sentiment improves, and both equity and bond yield markets push higher. China's management of their exchange rate cheered by markets. But the NZD faces headwinds as the yuan depreciates

NZD drags the AUD down after surprise RBNZ decision. Global outlook gets negative views in most markets and benchmark interest rates ease further in race to zero or below

NZD drags the AUD down after surprise RBNZ decision. Global outlook gets negative views in most markets and benchmark interest rates ease further in race to zero or below

China uses market action to support the yuan after US currency rebuke. US Administration walks back trade hardline. Even dovish Fed members don't want a US rate cut yet. Eyes now on the RBNZ

China uses market action to support the yuan after US currency rebuke. US Administration walks back trade hardline. Even dovish Fed members don't want a US rate cut yet. Eyes now on the RBNZ

Equity markets and US rates in freefall. Trade war concerns dominate and the CNY pushes above 7. The NZD remarkably resilient but downside risks ahead

Equity markets and US rates in freefall. Trade war concerns dominate and the CNY pushes above 7. The NZD remarkably resilient but downside risks ahead

Economic data rendered out-of-date as new US tariffs on China sharply twist market views very negative. Global bond yields fall to record lows. The NZD falls as outlook turns negative, but 'saved' as worse expected from the USD

Economic data rendered out-of-date as new US tariffs on China sharply twist market views very negative. Global bond yields fall to record lows. The NZD falls as outlook turns negative, but 'saved' as worse expected from the USD

ECB signals renewed QE coming soon. US durable goods orders rise in June. Eyes on US Q2 GDP. AUD weaker after dovish RBA speech. More Brexit tensions

ECB signals renewed QE coming soon. US durable goods orders rise in June. Eyes on US Q2 GDP. AUD weaker after dovish RBA speech. More Brexit tensions

USD rises after debt ceiling deal. Higher interest rates in the US, lower in Europe. NZD falls after 'unconventional policy' work report. IMF nudges growth view lower

USD rises after debt ceiling deal. Higher interest rates in the US, lower in Europe. NZD falls after 'unconventional policy' work report. IMF nudges growth view lower

US equities are slightly higher; US rates are slightly slower and currencies are treading water; NZD has started the week trading in a 30pip range; EURUSD has traded in just an 18pip range around 1.1215

US equities are slightly higher; US rates are slightly slower and currencies are treading water; NZD has started the week trading in a 30pip range; EURUSD has traded in just an 18pip range around 1.1215

USD and Treasury yields were higher on Friday after a spokesman from the Fed provided some context to NY Fed President Williams’ dovish speech that had earlier caused a market reaction; this saw the NZD fall slightly ahead of the weekend, but remain solid

USD and Treasury yields were higher on Friday after a spokesman from the Fed provided some context to NY Fed President Williams’ dovish speech that had earlier caused a market reaction; this saw the NZD fall slightly ahead of the weekend, but remain solid

US equities are higher, US rates have fallen and the USD has seen some broadly based selling pressure; NZD has pushed up to a fresh 3-month high; GBP is outperforming and has pushed on up to 1.2540

US equities are higher, US rates have fallen and the USD has seen some broadly based selling pressure; NZD has pushed up to a fresh 3-month high; GBP is outperforming and has pushed on up to 1.2540

NZD tops the leaderboard as the USD shows broad-based losses

NZD tops the leaderboard as the USD shows broad-based losses