Tag Archives: AUD/NZD

Australian Markets Weekly

It has been a topsy-turvy week for short end interest markets. Last Monday the market had a 68% chance of a rate cut in August priced in.

The Consumer Price Index rose 0.2% in the June quarter, in line with our forecast but a touch below the market median and the RBNZ’s pick of 0.3%.

It’s been another night of quiet consolidation around 0.7900 for the NZD/USD. Overall, it’s been a fairly tame offshore session for currency markets,

Can the rally continue? One of our highest conviction views for 2013 was our call for substantial NZD appreciation against the AUD.

As the trend for higher US bond yields and a stronger USD gathers pace, we’ve revisited what it all means for our currency forecasts.

No dramatic market moves overnight US stocks and bond prices are modestly firmer following a mixed set of US economic releases and

Whatever the precise outcome of Tuesday’s Q2 CPI, it will likely mark the proximate low in its annual rate of inflation.

How low does the CPI have to be for the RBA to cut? This question came up late last week after the poor Labour Force report,

It was another wild ride in the NZD last week, one that eventually amounted to little. After climbing to almost 0.7960,

The economy has passed its vote of economic confidence. The Canterbury-construction sector ticket rallied enough votes,

The NZD/USD has been up the hill and down again over the past 24-hours. It sits close to 0.7850 this morning.

The BNZ-BusinessNZ seasonally adjusted PMI for June stood at 54.7, which was 4.3 points lower than May, but still in solid expansionary mode.