Jason Wong

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About: 

Jason Wong is BNZ’s currency strategist, producing analysis that informs the NZD view. He is also a part of National Australia Bank’s (NAB) Global FX Strategy team, which covers currency markets more broadly, with a focus on the G10 currencies.

Member for
3 years 12 months

Articles by Jason Wong

18th Mar 16, 8:18am
Local bond markets follow US rates lower, with a flatter curve. Recent RBNZ rate cut has had no impact on inflation, so "why wouldn't it" cut again, soon?
Local bond markets follow US rates lower, with a flatter curve. Recent RBNZ rate cut has had no impact on inflation, so "why wouldn't it" cut again, soon?
18th Mar 16, 8:18am
18th Mar 16, 8:14am
3
The Fed is muddled and confused, fearful and timid says NAB's UK analyst; NZD rockets up to 0.6850; WTI crude hits $40 mark
The Fed is muddled and confused, fearful and timid says NAB's UK analyst; NZD rockets up to 0.6850; WTI crude hits $40 mark
18th Mar 16, 8:14am
17th Mar 16, 8:14am
Fed officials only project 2 Fed hikes this year, down from 4; commodity currencies race higher, NZD/USD up 1.6%; UK Budget downgrades economic forecasts
Fed officials only project 2 Fed hikes this year, down from 4; commodity currencies race higher, NZD/USD up 1.6%; UK Budget downgrades economic forecasts
17th Mar 16, 8:14am
17th Mar 16, 8:14am
2
Fed indicates only two more rate hikes this year. The jump in the NZD raises chance of more OCR cuts. NZ bond yields follow US higher
Fed indicates only two more rate hikes this year. The jump in the NZD raises chance of more OCR cuts. NZ bond yields follow US higher
17th Mar 16, 8:14am
4th Mar 16, 8:10am
Trader positioning driving NZD; US non-farm payroll data to determine direction of NZD in short-term; AUD continues strong run; GBP rallying from oversold territory
Trader positioning driving NZD; US non-farm payroll data to determine direction of NZD in short-term; AUD continues strong run; GBP rallying from oversold territory
4th Mar 16, 8:10am
4th Mar 16, 8:10am
Speculative positions anticipate deeper negative rates from the ECB and lower yields in the US. NZ rates curve steepened with rises at long end
Speculative positions anticipate deeper negative rates from the ECB and lower yields in the US. NZ rates curve steepened with rises at long end
4th Mar 16, 8:10am
3rd Mar 16, 7:53am
Australian Q4 growth handily beats market expectations, boosting AUD. Fair-value reassessments see NZD fall and it may fall further
Australian Q4 growth handily beats market expectations, boosting AUD. Fair-value reassessments see NZD fall and it may fall further
3rd Mar 16, 7:53am
3rd Mar 16, 7:39am
UST yields and European rates both turn higher and credit spreads turn lower as markets react to more positive data. Local yields follow higher, easing OCR rate cut bets
UST yields and European rates both turn higher and credit spreads turn lower as markets react to more positive data. Local yields follow higher, easing OCR rate cut bets
3rd Mar 16, 7:39am
2nd Mar 16, 8:07am
Bottom in US manufacturing reached; risk back on the table as equities rise and Yen weakens; China PMI data continues to disappoint; RBA statement fails to move AUD
Bottom in US manufacturing reached; risk back on the table as equities rise and Yen weakens; China PMI data continues to disappoint; RBA statement fails to move AUD
2nd Mar 16, 8:07am
2nd Mar 16, 7:48am
UST yields jump on stronger than expected US factory data. Markets believe Fed will hike, despite Dudley review. NZ wholesale rates should get support today
UST yields jump on stronger than expected US factory data. Markets believe Fed will hike, despite Dudley review. NZ wholesale rates should get support today
2nd Mar 16, 7:48am
1st Mar 16, 8:15am
2
10-year German Bund futures contract broke through the 0.0% threshold into negative yield territory for the first time ever last night. Expectations lower elsewhere too
10-year German Bund futures contract broke through the 0.0% threshold into negative yield territory for the first time ever last night. Expectations lower elsewhere too
1st Mar 16, 8:15am
1st Mar 16, 8:10am
Eurozone CPI falls to fresh lows; EUR suffering spill-over effect from GBP weakness and expectations of additional ECB stimulus; expectations of further rate cuts by RBNZ fuelled by weaker data
Eurozone CPI falls to fresh lows; EUR suffering spill-over effect from GBP weakness and expectations of additional ECB stimulus; expectations of further rate cuts by RBNZ fuelled by weaker data
1st Mar 16, 8:10am
29th Feb 16, 7:56am
1
The NZD tries to escape its tight range with a bid higher, but stop loss triggers put it back in the cage. Strong US data a backdrop to an impotent G20 meeting
The NZD tries to escape its tight range with a bid higher, but stop loss triggers put it back in the cage. Strong US data a backdrop to an impotent G20 meeting
29th Feb 16, 7:56am
29th Feb 16, 7:43am
US growth and inflation data sees markets accept higher change of Fed rate hikes. Local wholesale rates hit fresh lows
US growth and inflation data sees markets accept higher change of Fed rate hikes. Local wholesale rates hit fresh lows
29th Feb 16, 7:43am
26th Feb 16, 8:08am
2
Record low interest rates and yields both locally and internationally. US energy debt defaults catch market attention
Record low interest rates and yields both locally and internationally. US energy debt defaults catch market attention
26th Feb 16, 8:08am
26th Feb 16, 8:07am
GBP bounce could be temporary event; market ignores 6% drop in China's stockmarket; US durable goods orders data challenges view of slumping manufacturing sector due to strong USD
GBP bounce could be temporary event; market ignores 6% drop in China's stockmarket; US durable goods orders data challenges view of slumping manufacturing sector due to strong USD
26th Feb 16, 8:07am
25th Feb 16, 8:10am
Local swap rates fall and further falls are possible. Global moves add to downward pressures. Eyes on NZGB tender
Local swap rates fall and further falls are possible. Global moves add to downward pressures. Eyes on NZGB tender
25th Feb 16, 8:10am
25th Feb 16, 8:00am
Oil prices continue to decline, inefficient & uneconomic oil producers will have to get out; weak economic data contributing to risk-off tone; relentless selling of GBP
Oil prices continue to decline, inefficient & uneconomic oil producers will have to get out; weak economic data contributing to risk-off tone; relentless selling of GBP
25th Feb 16, 8:00am
24th Feb 16, 8:28am
Oil price down as hopes fade for coordinated policy effect on supply; GBP continues to be hit on Brexit concerns; NZD weakens to 200 day moving average as risk-off mood prevails
Oil price down as hopes fade for coordinated policy effect on supply; GBP continues to be hit on Brexit concerns; NZD weakens to 200 day moving average as risk-off mood prevails
24th Feb 16, 8:28am
24th Feb 16, 7:52am
Local rates tracking lower with offshore hedge funds convinced the RBNZ will be 'forced into easing policy again'
Local rates tracking lower with offshore hedge funds convinced the RBNZ will be 'forced into easing policy again'
24th Feb 16, 7:52am

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