Kymberly Martin

Local interest rates follow the UST rates higher, especially at the long end. Rising oil prices are the driver. No surprises expected from US payrolls report. Aussie capex languishing

Local interest rates follow the UST rates higher, especially at the long end. Rising oil prices are the driver. No surprises expected from US payrolls report. Aussie capex languishing

USD strengthened against all its peers on stronger than expected data; OPEC ministers strike deal to limit production; AUD loses ground against USD and NZD

USD strengthened against all its peers on stronger than expected data; OPEC ministers strike deal to limit production; AUD loses ground against USD and NZD

Core offshore yields surge higher along with the global oil price, boosted by good US jobs data. Expect higher NZ yields and a steeper curve today

Core offshore yields surge higher along with the global oil price, boosted by good US jobs data. Expect higher NZ yields and a steeper curve today

Yen and USD weaker; AUD weaker, while NZD trades above 200-day moving average; OPEC conference crucial for commodity linked currencies

Yen and USD weaker; AUD weaker, while NZD trades above 200-day moving average; OPEC conference crucial for commodity linked currencies

UST yields higher despite lower oil price. Eyes on US core PCE watched closely by the Fed. Local eyes on RBNZ Financial Stability review

UST yields higher despite lower oil price. Eyes on US core PCE watched closely by the Fed. Local eyes on RBNZ Financial Stability review

Rise in global commodities helps NZD; USD weaker against most currencies; oil price up 3% but prospects for supply cut deal remain tenuous

Rise in global commodities helps NZD; USD weaker against most currencies; oil price up 3% but prospects for supply cut deal remain tenuous

Lower UST yields see local rates soften. Rates drift in most markets as data flows and policymaker comments give little direction

Lower UST yields see local rates soften. Rates drift in most markets as data flows and policymaker comments give little direction

USD index up more than 4% above pre-US election levels; modest recovery in NZD possible; NZD/AUD likely to be range bound in near future

USD index up more than 4% above pre-US election levels; modest recovery in NZD possible; NZD/AUD likely to be range bound in near future

NZ long-end rates to consolidate from here although the 2-10 curve could steepen further. Later, attention will turn to US payrolls and EU elections

NZ long-end rates to consolidate from here although the 2-10 curve could steepen further. Later, attention will turn to US payrolls and EU elections

Fed chair Janet Yellen wary of commenting on outlook under Trump; USD continues to gain momentum; market waiting to see if Fonterra bumps up milk forecast

Fed chair Janet Yellen wary of commenting on outlook under Trump; USD continues to gain momentum; market waiting to see if Fonterra bumps up milk forecast

Yellen signals their December rate hike is still likely, says she will serve full term. Markets resume the bond rout following yesterday's reversal. NZGBs in strong demand

Yellen signals their December rate hike is still likely, says she will serve full term. Markets resume the bond rout following yesterday's reversal. NZGBs in strong demand

Fed rate hike done deal according to market; oil prices spikes higher; near term support for NZD/USD at 70c

Fed rate hike done deal according to market; oil prices spikes higher; near term support for NZD/USD at 70c

Although interest rate markest may be treading water at present, it will not be plain sailing as volatility lurks. Non-residents reduce exposure to NZGBs

Although interest rate markest may be treading water at present, it will not be plain sailing as volatility lurks. Non-residents reduce exposure to NZGBs

Markets see no more RBNZ cuts. UST 2yrs push to 2016 highs. Local eyes on waning interest in NZGBs

Markets see no more RBNZ cuts. UST 2yrs push to 2016 highs. Local eyes on waning interest in NZGBs

Another solid dairy auction, NZD trading off morning lows; US data releases above expectations; oil-linked currencies benefactors of push to curb oil production

Another solid dairy auction, NZD trading off morning lows; US data releases above expectations; oil-linked currencies benefactors of push to curb oil production

Quakes have only brief impact on NZD. Global risk appetite holding, aiding commodity currencies. Eyes now of dairy auction looking to consolidate the higher levels

Quakes have only brief impact on NZD. Global risk appetite holding, aiding commodity currencies. Eyes now of dairy auction looking to consolidate the higher levels

Interest rate markets driving bond rout on rising expectations of a Fed rate hike soon, and another hike next year. Euro markets also getting strong rate rises

Interest rate markets driving bond rout on rising expectations of a Fed rate hike soon, and another hike next year. Euro markets also getting strong rate rises

US gets a rise in inflation expectations, which may result in a steeper rate curve in New Zealand as range limit forecasts are broken

US gets a rise in inflation expectations, which may result in a steeper rate curve in New Zealand as range limit forecasts are broken

Fed's William's says Fed close to achieving inflation goals and "fortunate" there is independence at the US Central Bank; volatile time for NZD/USD

Fed's William's says Fed close to achieving inflation goals and "fortunate" there is independence at the US Central Bank; volatile time for NZD/USD

Market moves await nature of US elections. Risk appetite improves and NZD benefits. EUR/USD lower, JPY slumps

Market moves await nature of US elections. Risk appetite improves and NZD benefits. EUR/USD lower, JPY slumps

US benchmark yields rise sharply again. Markets see 75% chance of an RBNZ rate cut tomorrow. Aussie recovery softens. Markets see 80% chance of a December Fed hike

US benchmark yields rise sharply again. Markets see 75% chance of an RBNZ rate cut tomorrow. Aussie recovery softens. Markets see 80% chance of a December Fed hike

All eyes on US election results, but currency markets jump the gun by assuming a Clinton win. The NZD benefits from improved risk appetite

All eyes on US election results, but currency markets jump the gun by assuming a Clinton win. The NZD benefits from improved risk appetite

3-5 year wholesale rates vulnerable to upward pressure, but not the short end. Improving risk appetite pushes up UST 10yr yields

3-5 year wholesale rates vulnerable to upward pressure, but not the short end. Improving risk appetite pushes up UST 10yr yields

Despite pressure on commodity linked currencies, NZD holds up well, retaining recent gains. But risks are all to the downside

Despite pressure on commodity linked currencies, NZD holds up well, retaining recent gains. But risks are all to the downside

A messy week ahead dominated by the US election risk which sees the 'fear index' on the rise and risk aversion to the fore. Markets less sure of RBNZ rate cut

A messy week ahead dominated by the US election risk which sees the 'fear index' on the rise and risk aversion to the fore. Markets less sure of RBNZ rate cut