Economy
Jim O'Neill wonders if recent market signals will keep the new Trump Administration's radicalism in check
21st Jan 25, 9:05am
Jim O'Neill wonders if recent market signals will keep the new Trump Administration's radicalism in check
Trump puts tariffs on the backburner, promises war with Panama; Japan machine orders rise; China holds LPRs; HSBC signals quitting personal banking in Australia; UST 10yr at 4.48%; gold up and oil down; NZ$1 = 56.6 USc; TWI = 67.1
21st Jan 25, 7:19am
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Trump puts tariffs on the backburner, promises war with Panama; Japan machine orders rise; China holds LPRs; HSBC signals quitting personal banking in Australia; UST 10yr at 4.48%; gold up and oil down; NZ$1 = 56.6 USc; TWI = 67.1
A review of things you need to know before you sign off on Monday; Wellington on holiday, meat exporters shift focus, REINZ data late, NZX50 slips, swaps on hold, NZD up slightly, & more
20th Jan 25, 3:59pm
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A review of things you need to know before you sign off on Monday; Wellington on holiday, meat exporters shift focus, REINZ data late, NZX50 slips, swaps on hold, NZD up slightly, & more
Eyes on NZ CPI, Trump2 effect; China says it hit GDP target; IMF raises growth estimates; US debt limit in focus again; Fed quits NGFS; UST 10yr at 4.62%; gold and oil soft; NZ$1 = 55.9 USc; TWI = 66.8
20th Jan 25, 7:19am
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Eyes on NZ CPI, Trump2 effect; China says it hit GDP target; IMF raises growth estimates; US debt limit in focus again; Fed quits NGFS; UST 10yr at 4.62%; gold and oil soft; NZ$1 = 55.9 USc; TWI = 66.8
Luci Ellis points out that as an economy shifts to more services and faster technical obsolescence, it means these assets will depreciate faster, profits will rise to pay for it, and worker's share of economic gains will retreat
19th Jan 25, 8:00am
Luci Ellis points out that as an economy shifts to more services and faster technical obsolescence, it means these assets will depreciate faster, profits will rise to pay for it, and worker's share of economic gains will retreat
David Hargreaves says the December quarter inflation figures to be released in the coming week should paint a 'so-far-so-good' picture, but further out the view looks rather more murky
19th Jan 25, 6:30am
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David Hargreaves says the December quarter inflation figures to be released in the coming week should paint a 'so-far-so-good' picture, but further out the view looks rather more murky
Dairy is the export leader that underpins the economy but as Keith Woodford notes, it can only do what is possible
18th Jan 25, 9:45am
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Dairy is the export leader that underpins the economy but as Keith Woodford notes, it can only do what is possible
The IMF warns growth divergences persist and could widen, while policy shifts may reignite inflation pressures in some countries
18th Jan 25, 9:10am
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The IMF warns growth divergences persist and could widen, while policy shifts may reignite inflation pressures in some countries
IMF upgrades global growth estimate on US strength; China claims +5% expansion; Singapore exports surge; aluminium price rises; UST 10yr at 4.60%; gold and oil softish; NZ$1 = 56 USc; TWI = 66.8
18th Jan 25, 7:23am
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IMF upgrades global growth estimate on US strength; China claims +5% expansion; Singapore exports surge; aluminium price rises; UST 10yr at 4.60%; gold and oil softish; NZ$1 = 56 USc; TWI = 66.8
A review of things you need to know before you sign off on Friday; both home loan rates and term deposit rates are cut by majors, PMI still contracting, rents stable, swaps hesitate, NZD little-changed, & more
17th Jan 25, 3:59pm
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A review of things you need to know before you sign off on Friday; both home loan rates and term deposit rates are cut by majors, PMI still contracting, rents stable, swaps hesitate, NZD little-changed, & more
US data mixed; Korea holds rates unexpectedly; Country Garden reports huge loss; Aussie jobs gains strong, bring doubt about rate cuts; UST 10yr at 4.61%; gold up and oil holds; NZ$1 = 56.2 USc; TWI = 66.9
17th Jan 25, 7:19am
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US data mixed; Korea holds rates unexpectedly; Country Garden reports huge loss; Aussie jobs gains strong, bring doubt about rate cuts; UST 10yr at 4.61%; gold up and oil holds; NZ$1 = 56.2 USc; TWI = 66.9
A review of things you need to know before you sign off on Thursday; Westpac matched BNZ at 5.99%, food prices show little inflation, TM sees very soft house buyer interest, swaps settle back, NZD holds, & more
16th Jan 25, 3:59pm
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A review of things you need to know before you sign off on Thursday; Westpac matched BNZ at 5.99%, food prices show little inflation, TM sees very soft house buyer interest, swaps settle back, NZD holds, & more
[updated]
Statistics NZ's Selected Price Indexes show moderate price pressures over December, indicating few likely nasty surprises in next week's December quarter inflation figures
16th Jan 25, 11:25am
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Statistics NZ's Selected Price Indexes show moderate price pressures over December, indicating few likely nasty surprises in next week's December quarter inflation figures
US CPI inflations delivers no surprise; markets react with glee; US home loan applications jump; US bank earnings jump; Japan nears rate hike; Indonesia makes a cut; UST 10yr at 4.66%; gold and oil up; NZ$1 = 56.1 USc; TWI = 67
16th Jan 25, 7:19am
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US CPI inflations delivers no surprise; markets react with glee; US home loan applications jump; US bank earnings jump; Japan nears rate hike; Indonesia makes a cut; UST 10yr at 4.66%; gold and oil up; NZ$1 = 56.1 USc; TWI = 67
A review of things you need to know before you sign off on Wednesday; employment confidence rises, milk powder prices hold, overseas workers & students back at pre-pandemic levels, eyes on swap rate, NZD stable, & more
15th Jan 25, 3:59pm
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A review of things you need to know before you sign off on Wednesday; employment confidence rises, milk powder prices hold, overseas workers & students back at pre-pandemic levels, eyes on swap rate, NZD stable, & more
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There were almost 190,000 overseas workers and 59,000 overseas students in this country at the end of last year
15th Jan 25, 10:53am
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There were almost 190,000 overseas workers and 59,000 overseas students in this country at the end of last year
Westpac McDermott Miller Employment Confidence Survey shows rise, but confidence remains close to its lowest levels since the 2020 Covid lockdown
15th Jan 25, 10:28am
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Westpac McDermott Miller Employment Confidence Survey shows rise, but confidence remains close to its lowest levels since the 2020 Covid lockdown
Economists see latest NZIER Quarterly Survey of Business Opinion as clearing the way for a further substantial cut to the Official Cash Rate next month
15th Jan 25, 9:34am
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Economists see latest NZIER Quarterly Survey of Business Opinion as clearing the way for a further substantial cut to the Official Cash Rate next month
US sentiment mixed, retail eases and PPI gives inflation signals; US demographics changing; China bank lending up; Aussie sentiment lower; UST 10yr at 4.81%; gold up and oil down; NZ$1 = 56 USc; TWI = 67
15th Jan 25, 7:19am
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US sentiment mixed, retail eases and PPI gives inflation signals; US demographics changing; China bank lending up; Aussie sentiment lower; UST 10yr at 4.81%; gold up and oil down; NZ$1 = 56 USc; TWI = 67
[updated]
A review of things you need to know before you sign off on Tuesday; BNZ trims TD rates, business sentiment jumps, fewer Auckland dwelling built, home ownership better, grocery price rises tamer, swaps stable, NZD rises, & more
14th Jan 25, 3:59pm
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A review of things you need to know before you sign off on Tuesday; BNZ trims TD rates, business sentiment jumps, fewer Auckland dwelling built, home ownership better, grocery price rises tamer, swaps stable, NZD rises, & more
Business sentiment has risen to its highest level since 2021 despite weak demand in the Christmas quarter
14th Jan 25, 10:10am
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Business sentiment has risen to its highest level since 2021 despite weak demand in the Christmas quarter
US inflation expectations unchanged; Chinese exports surge; India's inflation eases; Aussie inflation signals up; Spain proposes 100% property sales tax; UST 10yr at 4.77%; gold down and oil up; NZ$1 = 55.5 USc; TWI = 66.6
14th Jan 25, 7:19am
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US inflation expectations unchanged; Chinese exports surge; India's inflation eases; Aussie inflation signals up; Spain proposes 100% property sales tax; UST 10yr at 4.77%; gold down and oil up; NZ$1 = 55.5 USc; TWI = 66.6
A review of things you need to know before you sign off on Monday; Heartland trims TD rates, building consents not recovering, but filled jobs rise, swaps stable but long bond rates jump, oil up sharply, NZD holds, & more
13th Jan 25, 3:59pm
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A review of things you need to know before you sign off on Monday; Heartland trims TD rates, building consents not recovering, but filled jobs rise, swaps stable but long bond rates jump, oil up sharply, NZD holds, & more
Latest Stats NZ figures show filled jobs rose by nearly 6,000 in November - the first monthly rise since March 2024
13th Jan 25, 11:32am
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Latest Stats NZ figures show filled jobs rose by nearly 6,000 in November - the first monthly rise since March 2024
Eyes on inflation's track; US jobs rose more than expected; American fear upcoming inflation; China struggles to contain economic stagger; Aussie tax receipts surge; UST 10yr at 4.76%; gold and oil up; NZ$1 = 55.6 USc; TWI = 66.6
13th Jan 25, 7:19am
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Eyes on inflation's track; US jobs rose more than expected; American fear upcoming inflation; China struggles to contain economic stagger; Aussie tax receipts surge; UST 10yr at 4.76%; gold and oil up; NZ$1 = 55.6 USc; TWI = 66.6