RBNZ: What Are You Waiting for? OCR to be Cut 50bps in Both October and November
We now expect the RBNZ to cut the OCR by 50bps to 4.75% at the […]
NZ ANZ business confidence soars to 60.9, raising concerns of overreaction to RBNZ rate cuts
New Zealand’s ANZ Business Confidence Index saw a significant rise in September, jumping from 50.6 […]
NZ First Impressions: ANZ business confidence, September 2024
Business sentiment has continued to charge higher as interest rate pressures ease, but activity remains […]
Aussie Gains Ground, Overcoming PMI Weakness on China’s Rate Cut Boost
Australian Dollar managed to climb modestly in a quiet Asian trading session today, despite underwhelming […]
New Zealand’s exports fell -0.1% yoy in Aug, imports down -1.0% yoy
New Zealand’s goods trade balance posted deficit of NZD -2.2B, substantially larger than the expected […]
Cliff Notes: 50 Proves the Magic Number
Key insights from the week that was. The main update for Australia this week was […]
New Zealand GDP contracts – 0.2% qoq in Q2, manufacturing offers some resilience
New Zealand’s GDP contracted by -0.2% qoq in Q2, slightly better than the expected -0.4% […]
NZ First Impressions: GDP, June Quarter 2024
New Zealand’s GDP fell by 0.2% in the June quarter. The result wasn’t as weak […]
Dollar Weakens as Traders Boost Bets on 50bps Fed Cut
Traders continue to ramp up bets on a 50bps rate cut by Fed this Wednesday, […]
New Zealand Dollar Jumps as Services PMI Accelerates
The New Zealand dollar has started the new trading week with strong gains. NZD/USD is […]
NZIER downgrades New Zealand’s growth forecast to flat in 2025, recovery delayed
New Zealand’s economic outlook has been notably downgraded by the New Zealand Institute of Economic […]
NZ business confidence surges as firms anticipate more RBNZ rate cuts
NZIER Quarterly Survey of Business Opinion reveals significant improvement in business confidence in New Zealand […]