Kymberly Martin

Speculative GBP short positions increase on latest Brexit polling; JPY remains the risk appetite proxy for the market; NZD & AUD weaker on softer commodity prices and sentiment

Speculative GBP short positions increase on latest Brexit polling; JPY remains the risk appetite proxy for the market; NZD & AUD weaker on softer commodity prices and sentiment

Wholesale rate curve may get more flattening pressure in period of consolidation. Eyes on China data

Wholesale rate curve may get more flattening pressure in period of consolidation. Eyes on China data

Market struggles to digest Draghi's mixed message; AUD gets boost as trade deficit shrinks; market focussed on US unemployment data

Market struggles to digest Draghi's mixed message; AUD gets boost as trade deficit shrinks; market focussed on US unemployment data

As markets eye the US non-farm payrolls report, yields fall despite good ADP data. ECB holds rates, revises data slightly higher

As markets eye the US non-farm payrolls report, yields fall despite good ADP data. ECB holds rates, revises data slightly higher

Australia's above expectation Q1 GDP pushes AUD higher; Yen halts recent slide after PM Abe delays proposed sales tax; NZD/USD continues ascending path after higher dairy auction

Australia's above expectation Q1 GDP pushes AUD higher; Yen halts recent slide after PM Abe delays proposed sales tax; NZD/USD continues ascending path after higher dairy auction

NZGB yields make gains that held, despite offshore equivalents failing to hold theirs. Markets add to Fed hike expectations

NZGB yields make gains that held, despite offshore equivalents failing to hold theirs. Markets add to Fed hike expectations

Market suggests RBNZ to keep OCR unchanged; Australian yields rise on better export data and drags NZ swaps rates higher too; US data comes in under expectations, yields marginally softer

Market suggests RBNZ to keep OCR unchanged; Australian yields rise on better export data and drags NZ swaps rates higher too; US data comes in under expectations, yields marginally softer

GBP falls on latest phone poll showing nearly half want to leave EU; choppy USD trading; NZD and AUD climb higher

GBP falls on latest phone poll showing nearly half want to leave EU; choppy USD trading; NZD and AUD climb higher

Swap yields drive higher but 2-10 curve still near bottom of expected range; one further rate cut in NZ a fair representation of current risks

Swap yields drive higher but 2-10 curve still near bottom of expected range; one further rate cut in NZ a fair representation of current risks

JPY down 5.6% as USD strengthens; NZD & AUD weighed down by Yellen's speech

JPY down 5.6% as USD strengthens; NZD & AUD weighed down by Yellen's speech

Market expectations for OCR to be cut one more time; NZ swap and bond yields fall; Yellen says it's appropriate for the Fed to raise rates if economic growth picks up

Market expectations for OCR to be cut one more time; NZ swap and bond yields fall; Yellen says it's appropriate for the Fed to raise rates if economic growth picks up

Yellen's comments echo Fed member sentiment that hikes are on their way soon; AUD and NZD on modestly weaker path; NZD/USD ended week at lowest point in two months

Yellen's comments echo Fed member sentiment that hikes are on their way soon; AUD and NZD on modestly weaker path; NZD/USD ended week at lowest point in two months

Equities trade lower but markets generally remain unconvinced of imminent rate hike; tumultuous night for NZD/GBP

Equities trade lower but markets generally remain unconvinced of imminent rate hike; tumultuous night for NZD/GBP

Despite Fed signals, US markets still not pricing in all full rate hikes. Locally, strong bond tender demand did not result in lower yields

Despite Fed signals, US markets still not pricing in all full rate hikes. Locally, strong bond tender demand did not result in lower yields

Currencies plunge against USD as Fed signals June rate hike; GBP rises on back of Brexit polling; Yen continues recent decline

Currencies plunge against USD as Fed signals June rate hike; GBP rises on back of Brexit polling; Yen continues recent decline

Expect upward pressure on local rates today as curve steepens on reassessment from US Fed minutes

Expect upward pressure on local rates today as curve steepens on reassessment from US Fed minutes

Brexit fears subsiding, GBP rallies; Fed still has time on their side before hiking rates as latest inflation reading slips; some relief for farmers as dairy prices rise; AUD jolts higher on RBA minutes

Brexit fears subsiding, GBP rallies; Fed still has time on their side before hiking rates as latest inflation reading slips; some relief for farmers as dairy prices rise; AUD jolts higher on RBA minutes

Rates rise as commodity prices up. RBA signals cuts less likely. NZ inflation expectations won't change RBNZ views

Rates rise as commodity prices up. RBA signals cuts less likely. NZ inflation expectations won't change RBNZ views

Despite some disappointing US data, UST 10yr yields push higher to 1.75%. NZ inflation expectations and RBA minutes in today's spotlight

Despite some disappointing US data, UST 10yr yields push higher to 1.75%. NZ inflation expectations and RBA minutes in today's spotlight

Commodities and equities record solid gains; USD rise halted on weaker manufacturing data; NZD & AUD on steady ascent; AUD/USD pokes above 200-day moving average

Commodities and equities record solid gains; USD rise halted on weaker manufacturing data; NZD & AUD on steady ascent; AUD/USD pokes above 200-day moving average

Double whammy of positive data behind rise in USD index; European currencies casualty of USD strength; disappointing Chinese data puts pressure on AUD & NZD

Double whammy of positive data behind rise in USD index; European currencies casualty of USD strength; disappointing Chinese data puts pressure on AUD & NZD

Good US data on retail and consumer sentiment failed to move markets. This was followed by weaker Chinese data. Mood slippage may see higher expectations of more rate cuts

Good US data on retail and consumer sentiment failed to move markets. This was followed by weaker Chinese data. Mood slippage may see higher expectations of more rate cuts

Choppy trading in USD/JPY; Abe on watching brief and will act to smooth out Yen movements; NZD & AUD give up intra-day gains; USD strengthens ahead of payrolls report

Choppy trading in USD/JPY; Abe on watching brief and will act to smooth out Yen movements; NZD & AUD give up intra-day gains; USD strengthens ahead of payrolls report

Eyes on the wages component of the US non-farm payrolls report. US yields testing lows now but will head back up as Fed hikes

Eyes on the wages component of the US non-farm payrolls report. US yields testing lows now but will head back up as Fed hikes

AUD/USD at lowest level since mid-March; commodity-linked currencies the big losers; USD pushed around by mixed data; NZD/USD losing some of the recent upward momentum

AUD/USD at lowest level since mid-March; commodity-linked currencies the big losers; USD pushed around by mixed data; NZD/USD losing some of the recent upward momentum