NZ$
A review of things you need to know before you sign off on Tuesday; Auckland house sales sag, fewer houses built, loan arrears rise, other building consents soft too, swaps down, NZD slips, & more
4th Mar 25, 3:59pm
12
A review of things you need to know before you sign off on Tuesday; Auckland house sales sag, fewer houses built, loan arrears rise, other building consents soft too, swaps down, NZD slips, & more
Market watching the clock, with fresh wave of US import tariffs tariffs due 4 March, US time. US ISM manufacturing survey disappoints. European equities stronger and rates higher on more defence spending in the region; European currencies outperform
4th Mar 25, 7:47am
Market watching the clock, with fresh wave of US import tariffs tariffs due 4 March, US time. US ISM manufacturing survey disappoints. European equities stronger and rates higher on more defence spending in the region; European currencies outperform
A review of things you need to know before you sign off on Monday; more retail rate cuts, terms of trade surges, house buyers market stronger, non-performing housing loans rise, good KiwiSaver returns, swaps soft, NZX50 soft, & more
3rd Mar 25, 4:00pm
36
A review of things you need to know before you sign off on Monday; more retail rate cuts, terms of trade surges, house buyers market stronger, non-performing housing loans rise, good KiwiSaver returns, swaps soft, NZX50 soft, & more
Roger J Kerr says markets quickly move on to the next economic development and the knee-jerk response to a non-economic shock or risk event is nearly always temporary
3rd Mar 25, 8:40am
Roger J Kerr says markets quickly move on to the next economic development and the knee-jerk response to a non-economic shock or risk event is nearly always temporary
The financial market has increased expectations for a US Fed easing. The 2-year treasury yields dipped below 4% for the first time since October, declining after soft consumption data
3rd Mar 25, 7:24am
The financial market has increased expectations for a US Fed easing. The 2-year treasury yields dipped below 4% for the first time since October, declining after soft consumption data
A review of things you need to know before you sign off on Friday; rate cut flurry runs out of steam, jobs & consumer sentiment stable but still negative, insurers get survey results they want (and paid for), swaps stable, NZD soft, & more
28th Feb 25, 3:59pm
99
A review of things you need to know before you sign off on Friday; rate cut flurry runs out of steam, jobs & consumer sentiment stable but still negative, insurers get survey results they want (and paid for), swaps stable, NZD soft, & more
Trump to push ahead with tariffs on Canada and Mexico, an additional 10% tariff to be imposed on Chinese imports. USD broadly stronger on that news; weaker yuan spills over into the NZD and AUD
28th Feb 25, 7:54am
Trump to push ahead with tariffs on Canada and Mexico, an additional 10% tariff to be imposed on Chinese imports. USD broadly stronger on that news; weaker yuan spills over into the NZD and AUD
A review of things you need to know before you sign off on Thursday; BNZ & Kiwi Bond rates trimmed, business sentiment stays elevated, one in 6 disabled, bank profit problems, electricity market problems, swaps stable, NZD softish, & more
27th Feb 25, 3:59pm
78
A review of things you need to know before you sign off on Thursday; BNZ & Kiwi Bond rates trimmed, business sentiment stays elevated, one in 6 disabled, bank profit problems, electricity market problems, swaps stable, NZD softish, & more
Trump pushed out the start date for Mexico and Canada tariffs to 2 April, says tariffs on products from the EU like autos and "other things" will be 25%. US equities recover after recent fall. US 10-year Treasury rate pushes down to a fresh 2025 low
27th Feb 25, 7:44am
Trump pushed out the start date for Mexico and Canada tariffs to 2 April, says tariffs on products from the EU like autos and "other things" will be 25%. US equities recover after recent fall. US 10-year Treasury rate pushes down to a fresh 2025 low
A review of things you need to know before you sign off on Wednesday; focus on test rates, PIEs get global attention, house build costs rise, S&P looking at local authority credit ratings, swaps stable again, NZD softish, & more
26th Feb 25, 3:59pm
80
A review of things you need to know before you sign off on Wednesday; focus on test rates, PIEs get global attention, house build costs rise, S&P looking at local authority credit ratings, swaps stable again, NZD softish, & more
Capital Economics revises down its forecast for the NZ dollar this year and sticks to its view the Reserve Bank will need to cut the OCR further than currently expected
26th Feb 25, 9:51am
24
Capital Economics revises down its forecast for the NZ dollar this year and sticks to its view the Reserve Bank will need to cut the OCR further than currently expected
US equities down for a fourth consecutive day, US Treasury yields down for a fifth day, with the 10-year rate down 10bps and probing fresh 2025 lows, all on increased policy uncertainty. Safe haven currencies higher, commodity currencies underperform
26th Feb 25, 7:53am
US equities down for a fourth consecutive day, US Treasury yields down for a fifth day, with the 10-year rate down 10bps and probing fresh 2025 lows, all on increased policy uncertainty. Safe haven currencies higher, commodity currencies underperform
[updated]
A review of things you need to know before you sign off on Tuesday; more retail rate cuts, fewer Auckland houses built, fears over winter power, NZX hurt by Ryman, swaps stable, NZD stable, & more
25th Feb 25, 3:59pm
78
A review of things you need to know before you sign off on Tuesday; more retail rate cuts, fewer Auckland houses built, fears over winter power, NZX hurt by Ryman, swaps stable, NZD stable, & more
Initial gains for US equities fade after the Dallas Fed manufacturing index undershot expectations. 10-year treasury yields return to the bottom of the 2025 range at 4.39%
25th Feb 25, 7:38am
Initial gains for US equities fade after the Dallas Fed manufacturing index undershot expectations. 10-year treasury yields return to the bottom of the 2025 range at 4.39%
A review of things you need to know before you sign off on Monday; many rate changes, all cuts, housing market sentiment firms, retail shows green shoots, NZX drops hard, swaps on hold, NZD little-changed, & more
24th Feb 25, 3:59pm
41
A review of things you need to know before you sign off on Monday; many rate changes, all cuts, housing market sentiment firms, retail shows green shoots, NZX drops hard, swaps on hold, NZD little-changed, & more
Roger J Kerr says many key US economic indicators are expected to print on the softer side as a result of financial pressures, as well as the Trump regime’s chainsaw attack on Federal Government institutions and jobs
24th Feb 25, 8:39am
2
Roger J Kerr says many key US economic indicators are expected to print on the softer side as a result of financial pressures, as well as the Trump regime’s chainsaw attack on Federal Government institutions and jobs
Weak US services PMI contributed to a rise in risk aversion and a sharp fall in US equities. US treasury yields tumble. Brent crude prices drop 3% to near US$74 per barrel
24th Feb 25, 7:30am
Weak US services PMI contributed to a rise in risk aversion and a sharp fall in US equities. US treasury yields tumble. Brent crude prices drop 3% to near US$74 per barrel
A review of things you need to know before you sign off on Friday; Kiwibank & Co-op cut rates, house buyer choice at decade high, Spark dumped, Fonterra bullish, exports shine, swaps on hold, NZD firms, & more
21st Feb 25, 3:59pm
90
A review of things you need to know before you sign off on Friday; Kiwibank & Co-op cut rates, house buyer choice at decade high, Spark dumped, Fonterra bullish, exports shine, swaps on hold, NZD firms, & more
Equity markets are weaker, retreating from recent record highs. UST yields slip. USD broadly weaker. Commodity currencies get a boost on trade deal talk. JPY outperforms as JGB yields rise to fresh highs
21st Feb 25, 7:49am
Equity markets are weaker, retreating from recent record highs. UST yields slip. USD broadly weaker. Commodity currencies get a boost on trade deal talk. JPY outperforms as JGB yields rise to fresh highs
[updated]
A review of things you need to know before you sign off on Thursday: more find it tough to afford housing, child poverty progress ends, hot NZGB tender, Kiwibank gets ready to fundraise, swaps stable, NZD firmish, & more
20th Feb 25, 3:59pm
101
A review of things you need to know before you sign off on Thursday: more find it tough to afford housing, child poverty progress ends, hot NZGB tender, Kiwibank gets ready to fundraise, swaps stable, NZD firmish, & more
European equities retraced from record high after hawkish comments by an ECB official. European bond yields move higher. Trade tensions stay in focus. Trump said he would impose tariffs on cars, semi-conductors and pharmaceutical imports
20th Feb 25, 7:46am
European equities retraced from record high after hawkish comments by an ECB official. European bond yields move higher. Trade tensions stay in focus. Trump said he would impose tariffs on cars, semi-conductors and pharmaceutical imports
[updated]
A review of things you need to know before you sign off on Wednesday; rush to drop floating rates, REINZ sees more sales at lower prices, farmers act like top dogs, PPI high, swaps stable, NZD lower, & more
19th Feb 25, 3:58pm
110
A review of things you need to know before you sign off on Wednesday; rush to drop floating rates, REINZ sees more sales at lower prices, farmers act like top dogs, PPI high, swaps stable, NZD lower, & more
[updated]
Reserve Bank cuts OCR to 3.75% and indicates room for more cuts than earlier forecast this year; economists say 'we are all on the same page now'
19th Feb 25, 2:14pm
90
Reserve Bank cuts OCR to 3.75% and indicates room for more cuts than earlier forecast this year; economists say 'we are all on the same page now'
Weaker US homebuilder sentiment, an uplift in UK wage inflation, and an upward surprise in core Canadian CPI inflation. RBA kicks off easing cycle with 25bps cut. The cautious policy outlook was also not particularly surprising
19th Feb 25, 7:42am
2
Weaker US homebuilder sentiment, an uplift in UK wage inflation, and an upward surprise in core Canadian CPI inflation. RBA kicks off easing cycle with 25bps cut. The cautious policy outlook was also not particularly surprising
[updated]
A review of things you need to know before you sign off on Tuesday; TSB launches a hot one year mortgage rate, population growth slows and ages, Heartland gets vehicle loan indigestion, swaps firm, NZD eases, & more
18th Feb 25, 3:59pm
67
A review of things you need to know before you sign off on Tuesday; TSB launches a hot one year mortgage rate, population growth slows and ages, Heartland gets vehicle loan indigestion, swaps firm, NZD eases, & more