Tag Archives: RBNZ
Financial Markets Wrap – February: Full of Fight
– Recovering from January’s emerging-market sell-off, the NZD kicked higher as domestic strength reasserted itself
Daily FX Wrap and Strategy
The NZD was far and away the strongest performing majorcurrency against the USD over Thursday, up 0.8% to0.8380.The NZD got an early boost from news that Fonterra liftedits milk price forecast by 35 cents to
Daily FX Wrap and Strategy
The NZD traded in a very tight range overnight, and isessentially unchanged from yesterday morning’s level of0.8340.The NZD/USD has held onto the gains it made as itfollowed the AUD/USD higher on Monday.
G-20 Agrees On Monetary Policies ‘Calibration,’ Eye On Growth
The first G-20 meeting under Australian leadership managed to agree more than skeptics thought possible – the idea that developed economies will calibrate their monetary policies and
Economy Watch – Inflationary Sting in PPI Tail-Off
Construction sector prices are quickening. And, just as importantly, it’s inferring a lift in margins, given the construction input price index slowed to a 1.2% annual pace in Q4.
Daily FX Wrap and Strategy
The NZD begins this morning unchanged from where it was24-hours ago, just above the 0.8300 level.The AUD and NZD staged promising rallies during ourevening,
Daily FX Wrap and Strategy
The NZD was the weakest performing currency over thepast 24-hours, down 0.7% against the USD.The currency was fairly stable until the release of the RBAminutes yesterday afternoon (see Majors).
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.
Economy Watch – The Problem with Unemployment Targets
The real test for central banks is not exactly an interim unemployment rate “target”, but broader assessments of labour demand relative to available supply.
Interest Rate Strategy – The RBNZ Will Wait For No Man
There is historic precedent for the RBNZ to lead the US Fed in raising the official cash rate