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Kymberly Martin
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As global yields rise, flowing through to our longer dated swap rates, NZDMO to launch a 20 yr bond to good support. RBNZ committed to using OCR cuts to boost inflation
22nd Aug 16, 11:45am
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As global yields rise, flowing through to our longer dated swap rates, NZDMO to launch a 20 yr bond to good support. RBNZ committed to using OCR cuts to boost inflation
Shortage of data leaves NZD vulnerable to overseas currency movements; speculative net short GBP positions hit another record
22nd Aug 16, 8:16am
Shortage of data leaves NZD vulnerable to overseas currency movements; speculative net short GBP positions hit another record
Kiwi dollar declines after knee-jerk reaction to RBNZ statement; JPY weakest of the majors; global oil prices rebound
12th Aug 16, 8:32am
Kiwi dollar declines after knee-jerk reaction to RBNZ statement; JPY weakest of the majors; global oil prices rebound
Solid domestic growth in economy ignored by interest rate markets which are currently only responding to inflation signals
12th Aug 16, 7:52am
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Solid domestic growth in economy ignored by interest rate markets which are currently only responding to inflation signals
Negative equity and commodity returns containing USD; expect knee-jerk bounce in NZD if RBNZ commentary not dovish enough
11th Aug 16, 8:39am
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Negative equity and commodity returns containing USD; expect knee-jerk bounce in NZD if RBNZ commentary not dovish enough
Provided the RBNZ doesn't surprise today, NZ longer-dated yields likley to fall further following offshore trends
11th Aug 16, 7:54am
Provided the RBNZ doesn't surprise today, NZ longer-dated yields likley to fall further following offshore trends
BNZ's parent sees RBA's cash rate at 1%; economic fundamentals, global risk appetite & US Fed expectations dominant drivers of NZD
10th Aug 16, 8:35am
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BNZ's parent sees RBA's cash rate at 1%; economic fundamentals, global risk appetite & US Fed expectations dominant drivers of NZD
Markets ready for a -25 bps cut tomorrow. Aussies see two more cuts by the RBA by end of 2017. US rates slip on poor productivity data
10th Aug 16, 8:18am
Markets ready for a -25 bps cut tomorrow. Aussies see two more cuts by the RBA by end of 2017. US rates slip on poor productivity data
Commodity-linked currencies start the week strongly; research suggests RBNZ may need to cut further
9th Aug 16, 8:31am
Commodity-linked currencies start the week strongly; research suggests RBNZ may need to cut further
NZ 2yr swap rate may fall below 1.9% if OCR is cut as markets expect. "Little urgency for borrowers to hedge short-dated rate risk"
9th Aug 16, 8:29am
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NZ 2yr swap rate may fall below 1.9% if OCR is cut as markets expect. "Little urgency for borrowers to hedge short-dated rate risk"
USD index surges on non-farm payrolls data; NZD/AUD & AUD/USD both trade lower
8th Aug 16, 8:38am
USD index surges on non-farm payrolls data; NZD/AUD & AUD/USD both trade lower
Higher US yields rolls over BofE pressures. RBA MPS reveals more relaxed outlook. Strong US payrolls drive yields up, taking Europe with them
8th Aug 16, 7:34am
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Higher US yields rolls over BofE pressures. RBA MPS reveals more relaxed outlook. Strong US payrolls drive yields up, taking Europe with them
Markets conclude Fed in no hurry to hike; JPY pushes higher ahead of BoJ meeting; AUD & NZD both push higher after early dips
29th Jul 16, 8:36am
Markets conclude Fed in no hurry to hike; JPY pushes higher ahead of BoJ meeting; AUD & NZD both push higher after early dips
Strong demand for latest NZGB auction drove yields lower. US benchmark yields fall too. Global risk aversion dampens local rates
29th Jul 16, 7:50am
Strong demand for latest NZGB auction drove yields lower. US benchmark yields fall too. Global risk aversion dampens local rates
No imminent rate hikes evident from FOMC statement; AUD has burst of activity following CPI release; Yen spiked on stimulus package announcement
28th Jul 16, 8:32am
No imminent rate hikes evident from FOMC statement; AUD has burst of activity following CPI release; Yen spiked on stimulus package announcement
US Fed buying time, waiting for pick-up in inflation. Aust. RBA to consider rate cut next week, but chances of that uncertain
28th Jul 16, 8:11am
US Fed buying time, waiting for pick-up in inflation. Aust. RBA to consider rate cut next week, but chances of that uncertain
Fate of NZD lies in hands of FOMC; Australian CPI reading could determine if RBA cuts; BoE's Weale believes weak PMI justifies more stimulus; size of Japan's fiscal stimulus up in the air
27th Jul 16, 8:15am
Fate of NZD lies in hands of FOMC; Australian CPI reading could determine if RBA cuts; BoE's Weale believes weak PMI justifies more stimulus; size of Japan's fiscal stimulus up in the air
Markets price in rate cut in Australia but no rate hike for the US ahead of central bank decisions. Recent US economic data positive
27th Jul 16, 8:06am
Markets price in rate cut in Australia but no rate hike for the US ahead of central bank decisions. Recent US economic data positive
UK business confidence weakest since 2009; CAD & NOK weighed down by lower commodity prices; odds favour RBA rate cut next week
26th Jul 16, 8:08am
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UK business confidence weakest since 2009; CAD & NOK weighed down by lower commodity prices; odds favour RBA rate cut next week
Next DMO tender will test NZGB's position in the world; how tight supply, manageable currency risk, and relative yield attract international investors
26th Jul 16, 7:54am
Next DMO tender will test NZGB's position in the world; how tight supply, manageable currency risk, and relative yield attract international investors
UK PMI hit by post-Brexit sentiment; Eurozone PMI remains in expansionary cycle; G-20 acknowledges global economic headwinds; NZD/USD worst performer last week
25th Jul 16, 8:34am
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UK PMI hit by post-Brexit sentiment; Eurozone PMI remains in expansionary cycle; G-20 acknowledges global economic headwinds; NZD/USD worst performer last week
Yields declining across the curve. Demand for NZGBs well supported as NZs position positive as global yields sink
25th Jul 16, 7:40am
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Yields declining across the curve. Demand for NZGBs well supported as NZs position positive as global yields sink
RBNZ didn't mince words within economic update; NZD/USD falls sharply then consolidated at higher level; JPY surges on confirmation no need for helicopter money in Japan
22nd Jul 16, 8:27am
RBNZ didn't mince words within economic update; NZD/USD falls sharply then consolidated at higher level; JPY surges on confirmation no need for helicopter money in Japan
Swap and NZGB yields decline across the curve as RBNZ gives a direct signal of impending "policy easing"
22nd Jul 16, 7:58am
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Swap and NZGB yields decline across the curve as RBNZ gives a direct signal of impending "policy easing"
Market lukewarm on the prospect for any further US Fed rate hikes, but expects RBNZ to cut soon with 50 bps priced in
21st Jul 16, 8:40am
Market lukewarm on the prospect for any further US Fed rate hikes, but expects RBNZ to cut soon with 50 bps priced in