Jason Wong

Jason Wong's picture
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 9 months

Articles by Jason Wong

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
24th Apr 19, 8:08am
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
23rd Apr 19, 7:54am
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
18th Apr 19, 7:55am
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
17th Apr 19, 7:40am
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
16th Apr 19, 8:15am
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
15th Apr 19, 8:12am
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
5th Apr 19, 8:08am
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
4th Apr 19, 8:30am
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
3rd Apr 19, 7:36am
2nd Apr 19, 8:26am
Stronger US ISM data have driven a significant sell-off in US Treasuries, but that hasn’t perturbed equity markets, which show decent gains; NZD is little changed from last week’s close, while GBP is recovering as a super-soft Brexit comes into play
Stronger US ISM data have driven a significant sell-off in US Treasuries, but that hasn’t perturbed equity markets, which show decent gains; NZD is little changed from last week’s close, while GBP is recovering as a super-soft Brexit comes into play
2nd Apr 19, 8:26am
1st Apr 19, 8:07am
Higher risk appetite driving global equities higher while US Treasury yields ended slightly higher; currency movements weren’t significant, although commodity currencies headed the leaderboard, while Brexit uncertainty continued to weigh on GBP
Higher risk appetite driving global equities higher while US Treasury yields ended slightly higher; currency movements weren’t significant, although commodity currencies headed the leaderboard, while Brexit uncertainty continued to weigh on GBP
1st Apr 19, 8:07am
28th Mar 19, 8:09am
Market remains in an anxious state about the global economic outlook, which sees downward pressure on equity markets and global rates; NZD 1.6% lower; GBP is bid; AUD is under pressure
Market remains in an anxious state about the global economic outlook, which sees downward pressure on equity markets and global rates; NZD 1.6% lower; GBP is bid; AUD is under pressure
28th Mar 19, 8:09am
20th Mar 19, 7:54am
FOMC meeting tomorrow, where the market is primed for a dovish statement; US equity markets continue to drift higher, US yields are steady near recent lows, and the USD is on the soft side; NZD continues to trade a tight range
FOMC meeting tomorrow, where the market is primed for a dovish statement; US equity markets continue to drift higher, US yields are steady near recent lows, and the USD is on the soft side; NZD continues to trade a tight range
20th Mar 19, 7:54am
19th Mar 19, 8:12am
GBP is softer as hope fades for an end to the fog of uncertainty over Brexit; NZD and AUD have followed a similar path, moving higher late yesterday afternoon on the back of a weaker USD and then retreating from the European open
GBP is softer as hope fades for an end to the fog of uncertainty over Brexit; NZD and AUD have followed a similar path, moving higher late yesterday afternoon on the back of a weaker USD and then retreating from the European open
19th Mar 19, 8:12am
18th Mar 19, 8:15am
Modest changes in currencies, modest upside to equity markets and some further downside pressure to global rates featured in markets; NZD traded a very tight range Friday night after drifting higher during the local trading session
Modest changes in currencies, modest upside to equity markets and some further downside pressure to global rates featured in markets; NZD traded a very tight range Friday night after drifting higher during the local trading session
18th Mar 19, 8:15am
15th Mar 19, 7:57am
GBP is choppy but generally well supported; AUD and NZD are weaker after underwhelming China data yesterday, while JPY is weaker leading up to the BoJ’s announcement today; bonds and equities show little movement
GBP is choppy but generally well supported; AUD and NZD are weaker after underwhelming China data yesterday, while JPY is weaker leading up to the BoJ’s announcement today; bonds and equities show little movement
15th Mar 19, 7:57am
8th Mar 19, 8:10am
Global equity markets, global bond rates and euro lower; other key currency movements have been modest, with the NZD and AUD close to where they were yesterday morning; NZ longer term bond and swap rates fell 3-4bps
Global equity markets, global bond rates and euro lower; other key currency movements have been modest, with the NZD and AUD close to where they were yesterday morning; NZ longer term bond and swap rates fell 3-4bps
8th Mar 19, 8:10am
7th Mar 19, 8:07am
US equities and rates are lower this morning; NZD has performed okay against the backdrop of weaker AUD and CAD currencies; Australian rates were lower across the curve on weak GDP
US equities and rates are lower this morning; NZD has performed okay against the backdrop of weaker AUD and CAD currencies; Australian rates were lower across the curve on weak GDP
7th Mar 19, 8:07am
6th Mar 19, 8:02am
US equities tracking sideways, and US rates up slightly; USD shows broadly based gains, supported by stronger data, which has seen the NZD track consistently under the 0.68 mark; RBA kept its policy messaging unchanged
US equities tracking sideways, and US rates up slightly; USD shows broadly based gains, supported by stronger data, which has seen the NZD track consistently under the 0.68 mark; RBA kept its policy messaging unchanged
6th Mar 19, 8:02am
4th Mar 19, 8:05am
US equities, US rates and the USD were all higher on Friday; stronger USD backdrop saw the NZD slip a little to close the week around 0.68; AUD showed followed a similar trading pattern to the NZD
US equities, US rates and the USD were all higher on Friday; stronger USD backdrop saw the NZD slip a little to close the week around 0.68; AUD showed followed a similar trading pattern to the NZD
4th Mar 19, 8:05am

Pages