Tag Archives: GBP/NZD

Inflationary Consequences

With the force of New Zealand’s economic upswingnow well accepted, attention should be turning to theinflationary consequences of it.

New Zealand’s housing market is clearly slowing, andretailers ended 2013 on a less exuberant note thanexpected. However, we’ve also had early signs that the nextactual inflation print may be closer to 2% than we thought.

Weekly Forex & Interest Rate Outlook

The recent improvement in global sentiment has supported the NZD. A continuation of this theme should push it higher to 0.8430 during the week ahead.

Markets Outlook – Household Heat

This week’s data are off to a positive start in the form of this morning’s quarterly retail sales report, the Performance of Services Index (PSI) and the BNZ survey of residential REINZ agents.

Weekly Commentary

In short, the story we tell in the February Overview remains a familiar one. As expected2013 saw the New Zealand economy accelerate, boosted by a big lift in constructionactivity on the back of the Canterbury rebuild,

Weekly Forex & Interest Rate Outlook

NZD/USD remains directionless, although improved risk sentiment plus Friday’s US jobs data should support it this week.SInce November, NZD/USD has been stuck in a sideways 0.8050-0.8400 range,

Weekly Commentary

Recent developments – a slowly strengthening New Zealandlabour market, the Reserve Bank of Australia’s decision totake rate cuts off the table for the time being,

Daily FX Wrap and Strategy

The NZD/USD has outperformed over the past 24-hours asglobal risk appetite has improved. The NZD/USD sits at0.8220 this morning.Yesterday afternoon the NZD/USD dipped to lows below0.8060.

Financial Markets Wrap – January: Jim-Jams

In a battle between domestic strength and emerging-market induced risk aversion, the latter gained the upper hand

Daily FX Wrap and Strategy

The NZD/USD has traded a path between 0.8090 and0.8135 over the past 24-hours, sitting at 0.8110 at present. There was a reasonable amount of volatility in theNZD/USD overnight as it was tossed around by

Weekly Forex & Interest Rate Outlook

Despite a probable RBNZ interest rates hike on 13 March, markets have picked on the NZD to express negative sentiment towards risky assets globally.

Weekly Commentary

All eyes were firmly on the Reserve Bank’s January OCRReview last week. While we were always expecting theRBNZ to remain on hold, with the New Zealand economygathering momentum and