Tag Archives: EUR/NZD

Markets Outlook – Big Labour Changes

Attention turns to the labour market this week. While we expect Wednesday’s trio of labour market reports to

Weekly Forex & Interest Rate Outlook

NZD/USD Outlook: Neutral this week We retain a negative medium term bias toward NZD/USD,

Weekly Commentary

Unsettling news continues to emerge from China, and fromsome of New Zealand’s key export industries.

Lower Milk Price to Highlight ‘Unjustified’ NZD

Fonterra is expected to announce its dividend intentions by Thursday (the end of this month, as earlier promised).

Weekly Commentary

Since Graham Wheeler came to the helm, the Reserve Bankseems to have been operating a “no surprises” policy forOCR decisions.

AUD View – BNP Paribas

BNP Paribas thinks that AUD should underperform both CAD and NZD on a relative basis and remains short AUD/CAD.

Weekly Forex & Interest Rate Outlook

NZD/USD Outlook: Down this week NZD/USD has been hammered by surprises lately.

Markets Outlook – OCR Hike a Case of Risk Management

If this Thursday’s OCR decision was down to just the marginal economic information then there would be some rationale for the Reserve Bank holding fire,

Weekly Commentary

The big news of last week was an 8.9% fall in theGlobalDairyTrade auction price, after a 5% drop a fortnightpreviously.

We stay USD long

The message from the June FOMC statement and minutes and from Yellen’s July 2 IMF speech has been that the Fed is in no hurry to begin the rate hike process, notes BNP Paribas.

Markets Outlook – Speeding Tickets

We anticipate the CPI to show a 0.4% increase in the second quarter. This would see annual inflation rise to 1.8%,

Weekly Forex & Interest Rate Outlook

NZD/USD Outlook: Up/neutral this week We adopt a cautious positive bias this week.