We Expect ECB to Stick to Its Guidance of a 50 bps Rate Hike Tomorrow
Markets Volatility on especially rate markets remained high yesterday. Markets in the end erased part […]
What Do Higher US Interest Rates Mean for the Risk-Linked Currencies?
With expectations about the Fed’s future course of action changing radically lately, the commodity-linked or […]
Week Ahead – ECB Playing Catch-Up
US The labor market is still strong but is showing signs it is ready to […]
Week Ahead – US Inflation, ECB Decision to Test Markets’ Nerve
The US inflation report and the European Central Bank’s policy meeting will share the limelight […]
Week Ahead – A Pivotal Moment
US The US has a very busy week ahead. The two main events are Fed […]
NZ ANZ business confidence rose to -43.3, firms wary but getting on with the job
New Zealand ANZ Business Confidence improved form -52.0 to -43.3 in February. Own Activity Outlook […]
New Zealand Consumers Not Helping Out NZD/USD as It Trades at 3-month Lows
New Zealand released its Q4 2022 Retail Sales data early on Monday. The actual print […]
New Zealand Dollar Falls to 3-mth Low
The New Zealand dollar has extended its losses on Monday, after a dismal end to […]
Money Markets Raised Fed Terminal Rate to 5.4%
Markets Core bonds tumbled on Friday. US yields soared 4.5 to 12.7 bps with the […]
NZ retail sales volume dropped -0.6% qoq in Q4, value up 1.7% qoq
New Zealand retail sales volume dropped -0.6% qoq in Q4, below expectation of 0.2% qoq […]
NZ First Impressions: Retail Trade December Quarter 2022
Nominal spending levels are continuing to rise. However, increases in prices mean we’re getting less […]
New Zealand BNZ manufacturing rose to 52, gearshift but not strong
New Zealand BusinessNZ Performance of Manufacturing Index rose from 51.2 to 52.0 in February, signalling […]