Tag Archives: GBP/NZD

Weekly Commentary

With the economy continuing to grow at a solid pace, the RBNZ will still be thinking about the need to eventually hike rates.

With today’s new base in place, we could well be looking at annual retail growth toward 5.5% being registered by mid next year.

The latest Financial Stability Report reveals that theReserve Bank is far from relaxed about the risks emanating from the housing market,

The NZD/USD ended the week at little higher at 0.7910,although slightly below intra-night highs.

The USD has remained ascendant over the past month, and rightly so.

We revised our G10 FX forecasts earlier this week to reflect stronger conviction in a USD upswing.

In light of the recent month’s price action, we reaffirm, indeed redouble,

There is a popular perception that the Bank will use this Wednesday’s FSR to announce the removal of its loan-to-value-ratio (LVR) restrictions.

Three key developments have informed our latest thinking: the recent commodity price down turn,

Equity markets collapsed and subsequently recovered in October, with global growth worries widely blamed.

With the Reserve Bank sounding less convinced about lifting its policy cash rate any further,

As expected, the RBNZ left rates on hold last week andstruck a more dovish tone.