Tag Archives: NZD/JPY
As Good As It Gets?
We believe GDP growth is peaking about now. That view was reinforced strongly today with the release of ANZ’s business outlook which revealed a continued downtrend in business sentiment.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Up this week NZD/USD’s positive momentum remains strong and
Weekly Commentary
Recent data give us no reason to expect the RBNZ to departfrom the plans it set out in June. Those plans include afollow-up hike in July,
BNZ Strategist
Economic Outlook – NZ GDP growth is hitting its straps. Sizable contributions are coming from: construction (both residential and non-residential,
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Up this week This month’s hawkish surprise from the RBNZ should keep the market in
Weekly Commentary
Last week was the climax of the New Zealand quarterlydata calendar, with March quarter GDP and current accountdata released.
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Up this week The hawkish surprise from the RBNZ should resound with markets for the next few weeks at least.
Markets Outlook – Optimism Gets Real
Post a solid increase in Q1 GDP, abatement certainly seems to be the more recent theme in the local data. However, for the most part this appears mostly a case of optimism getting real.
Weekly Commentary
Last week the Reserve Bank increased the OCR for a thirdconsecutive time to 3.25%, and delivered much the sameguidance on future interest rates as it did in its MarchMonetary Policy Statement (MPS).
Weekly Forex & Interest Rate Outlook
NZD/USD Outlook: Up this week We expect the NZD to rally following the RBNZ’s MPS on Thursday.
Weekly Commentary
Last week’s soft dairy auction result, and a monster Marchquarter for the construction industry, add to the pluses andminuses that RBNZ Governor Wheeler will be
NZD Corporate FX Update
We’ve made no secret of our disappointment in the USD’s performance over Q1 2014. Last month, we pushed back our expectations of its eventual recovery into the second half of the year.