First Impressions: NZ Retail Trade, September Quarter 2024
Retail sales fell 0.1% in the September quarter, a smaller drop than we expected. Retail […]
Weekly Economic & Financial Commentary: How Much Will the Fed Cut Rates?
United States: Back-up in Mortgage Rates a Setback for Housing The residential sector was in […]
Week Ahead – RBNZ to Slash Rates Ahead of US and Eurozone Inflation Data
RBNZ is expected to cut rates by 50 bps at its last policy meeting of […]
Weekly Focus – Geopolitics Back on the Radar
Rising tensions between Russia and Ukraine caused renewed unease in the markets this week. Putin signed […]
New Zealand Dollar Slips to One-Year Low on Weak Services PSI
The New Zealand dollar has started the trading week with losses. In the European session, […]
NZ BNZ services rises to 46, still extremely challenging conditions
New Zealand’s BusinessNZ Performance of Services Index rose slightly from 45.7 to 46.0 in October. […]
NZ BNZ manufacturing falls to 45.8, further contraction but new orders show signs of recovery
New Zealand’s BusinessNZ Performance of Manufacturing Index dropped from 47.0 to 45.8 in, marking its […]
RBNZ Preview: Maintaining Pace Towards the Neutral Zone
We expect the RBNZ will cut the OCR by a further 50bps to 4.25% at […]
New Zealand Dollar Shrugs as Inflation Expectations Remains Near 2%
The New Zealand dollar is showing limited movement on Monday. In the European session, NZD/USD […]
NZ First Impressions: RBNZ Survey of Expectations, Q4 2024
Near term inflation expectations have dropped back, but longer-term expectations are up. Inflation expectations One […]
RBNZ 1-yr inflation expectation down, 2-yr’s up
RBNZ’s latest Survey reveals that expectations for one-year-ahead annual inflation dropped significantly by -35 basis […]
New Zealand’s Q3 retail sales down -0.1% qoq, ex-auto sales slumps -0.8% qoq
New Zealand’s retail sales volume for Q3 showed a marginal decline of -0.1% qoq, a […]