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Markets stay risk on as geopolitics cool heading towards the weekend. The Australian Dollar (AUD) has been the strongest currency in the past week while the Euro (EUR) has been the worst performer.
Read more →NZ Banks are starting to price in cash rate hikes from the July meeting instead of December with higher than anticipated inflation forecasting becoming a problem. The Australian Dollar (AUD) has been the strongest currency in the past 24 hours while the US Dollar (USD) has been the worst performer.
Read more →With a ceasefire underway in the Middle East markets have breathed a sigh of relief with mood shifting positive. The Australian Dollar (AUD) has been the strongest currency in the past 48 hours while the US Dollar (USD) has been the worst performer.
Read more →It's highly likely the RBNZ will keep its interest rate unchanged when they meet this afternoon. Given the situation and uncertainty in the Middle East and shock to oil prices and the potential impacts to inflation we will see a "hold" at 2.25% in this round.
Read more →The longer the war extends the more likelihood of a global recession. The impact is felt hardest in energy dependent Countries, including much of Europe and the Asia/Pacific zone.
Read more →Markets have been dominated by the Middle East war and the longer it drags on (or heaven forbid escalates), the worse markets will suffer. Safety flows have been pouring into the US Dollar and all energy dependent nations and their currencies have suffered accordingly.
Read more →Markets turned “risk on” post the Trump news starting with Crude oil settling around 88.00 a barrel. The DOW index spiked 2.0% and the NZD and AUD were both up over 1% in overnight trading.
Read more →Markets rally as Netanyahu says the war will end much sooner than people think. US Federal Reserve Bank leaves interest rates unchanged at 3.75% stating a rate cut is more likely than not, citing the Iran war is a transitory inflation problem.
Read more →It's a busy week of economic data with a slew of central bank policy announcement on the radar. In order- Reserve Bank of Australia (RBA), Bank of Canada (BoC), Federal Funds Rate (FED), Bank of Japan (BoJ), Bank of England (BoE), and the European Central Bank (ECB).
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