Stuart Talman

The Australian dollar the clear standout performer from last week on hot CPI. Local jobs numbers and AUS retail sales this week’s trans-Tasman headliners. US equities grind higher, Nasdaq logging 4th week of gains, outperforms

The Australian dollar the clear standout performer from last week on hot CPI. Local jobs numbers and AUS retail sales this week’s trans-Tasman headliners. US equities grind higher, Nasdaq logging 4th week of gains, outperforms

US GDP, durable goods, jobless claims paint the picture of a resilient economy. Financial conditions back to levels seen 12 mths ago – will the Fed pushback? NZD tracks sideways

US GDP, durable goods, jobless claims paint the picture of a resilient economy. Financial conditions back to levels seen 12 mths ago – will the Fed pushback? NZD tracks sideways

NZ CPI a little stronger than expected, AUS CPI significantly stronger. Kiwi crunched against the Aussie. RBNZ hike expectations dialed down

NZ CPI a little stronger than expected, AUS CPI significantly stronger. Kiwi crunched against the Aussie. RBNZ hike expectations dialed down

Optimism continues to be the predominant mood. Hey, what recession? CPI double header: 4Q inflation readings released for both NZ and AUS

Optimism continues to be the predominant mood. Hey, what recession? CPI double header: 4Q inflation readings released for both NZ and AUS

Markets are bravely assuming the inflation battle has been won. Risk assets extend higher

Markets are bravely assuming the inflation battle has been won. Risk assets extend higher

Tech stock rally and dovish Fed-speak propel US equities higher. Soft(ish) landing vs recession fears the competing narratives. Wednesday’s trans-Tasman CPI doubleheader the week’s major event

Tech stock rally and dovish Fed-speak propel US equities higher. Soft(ish) landing vs recession fears the competing narratives. Wednesday’s trans-Tasman CPI doubleheader the week’s major event

Gravestone bearish reversal portends further downside ahead, The monkey wrench has been thrown, driving negative risk sentiment. ECB minutes and Lagarde’s Davos speech maintain ECB’s hawkish tone

Gravestone bearish reversal portends further downside ahead, The monkey wrench has been thrown, driving negative risk sentiment. ECB minutes and Lagarde’s Davos speech maintain ECB’s hawkish tone

China activity data surprises to the upside, further bolstering re-opening positivity. UK reports a resilient labour market keeps the BoE on track for +50bps hike. Eyes on BofJ

China activity data surprises to the upside, further bolstering re-opening positivity. UK reports a resilient labour market keeps the BoE on track for +50bps hike. Eyes on BofJ

US dollar index (DXY) has fallen to important technical support – where to next? China activity data and UK jobs the major data points

US dollar index (DXY) has fallen to important technical support – where to next? China activity data and UK jobs the major data points

NZD recovers to end week near 63.8 USc. A key US sentiment survey drives stocks higher. S&P500 clears key technical resistance, trades through 4000 and 200 day moving average

NZD recovers to end week near 63.8 USc. A key US sentiment survey drives stocks higher. S&P500 clears key technical resistance, trades through 4000 and 200 day moving average

Markets react violently to CPI despite the latest inflation read being in-line. Market friendly data flow has been the early story of 2023, boosting sentiment. Don't get complacent, remember 2022 - sentiment turns on a dime, be prepared

Markets react violently to CPI despite the latest inflation read being in-line. Market friendly data flow has been the early story of 2023, boosting sentiment. Don't get complacent, remember 2022 - sentiment turns on a dime, be prepared

Financial markets and the US Fed disagree on where to from here. Who is right will start to be revealed when the US CPI data is released soon. Meanwhile the NZD is at the mercy of these forces

Financial markets and the US Fed disagree on where to from here. Who is right will start to be revealed when the US CPI data is released soon. Meanwhile the NZD is at the mercy of these forces

Currency markets have slipped into wait-and-see mode ahead of the upcoming US CPI report which is likely to deliver more lively action

Currency markets have slipped into wait-and-see mode ahead of the upcoming US CPI report which is likely to deliver more lively action

Although markets may now slip into a wait-and-see mode ahead of the US inflation number on Thursday, the NZD is extending its gains on encouraging data flows and revised China prospects

Although markets may now slip into a wait-and-see mode ahead of the US inflation number on Thursday, the NZD is extending its gains on encouraging data flows and revised China prospects