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RBNZ DECISION
Why the bond market won't bounce back to pre-war levelsIn light of the recent ceasefire, the prospects for global bond markets remain fraught with difficulty. Energy prices continue to climb, ac...
Dollar slips as investors bet on US rate cuts; kiwi jumps after RBNZ decisionThe dollar weakened as U.S. economic data suggested a December rate cut, with a potential dovish Fed chair nominee further pressuring the c...
RBNZ cuts OCR to 3% after economy stalls in Q2, inflation expected to ease by 2026Reserve Bank of New Zealand reduced interest rates. The Official Cash Rate now stands at 3 percent. This decision follows concerns about sl...
Westpac NZ slashes home loan rates after OCR cut, 3-year fixed now just 4.95%, check full listWestpac New Zealand has reduced lending and deposit rates following the RBNZ's OCR cut to 3.25%. Special fixed home loan rates now start at...
New Zealand Reserve Bank cuts official cash rate to 3.5% as Trump's tariff war rattles global economyThe Reserve Bank of New Zealand reduced the official cash rate to 3.5 percent on Wednesday. This decision followed global market instabilit...
Westpac's Kelly Eckhold adjusts OCR predictions as US-China trade war looms largeKelly Eckhold, Westpac's chief economist, changed his forecast for New Zealand's Official Cash Rate. He now expects the Reserve Bank of New...
Dollar droops after benign inflation data; kiwi firm before RBNZ decisionThe dollar declined following a softer U.S. producer price reading, fueling speculation of Federal Reserve rate cuts. Risk-sensitive curren...
Dollar firm on Powell caution, kiwi bides time before rates decisionThe dollar strengthens after Powell's cautious rate cut comments. Traders await central bank signals. RBNZ likely to keep rates steady. Mar...
Light wind in dollar's sails after bumper US payrollsU.S. consumer price inflation for March on Wednesday and a European Central Bank (ECB) policy meeting on Thursday will be the main economic...
Dollar firm with eyes on PCE data, kiwi calm before RBNZ decisionIn the U.S., the Commerce Department's Census Bureau said orders for durable goods fell 6.1% last month, exceeding the 4.5% decline forecas...
Dollar firms ahead of busy data week with US inflation in focusInflation figures in the euro zone, Japan and Australia are also in the data calendar this week, alongside a rate decision from the Reserve...
Dollar slides ahead of US inflation data, sterling hits 15-month peakAhead of the release, the U.S. dollar fell to a two-month low of 101.45 against a basket of currencies, extending its losses from the start...
Dollar hovers near 2-month high as debt ceiling angst saps risk appetiteThe US dollar remained near a two-month high due to safe-haven demand as talks between the White House and the Republicans over raising the...
Dollar, sterling underpinned by upbeat PMI surveys; kiwi jumpsThe rebound in U.S. business activity comes on the back of a recent slew of resilient economic data pointing to a still-tight labour market...
Dollar buoyant as robust U.S. data keep Fed hawks in controlA slew of data out of the world's largest economy in recent weeks pointing to a still-tight labour market, sticky inflation, robust retail ...
Euro weighed by waning hopes for peace, NZ $ on edge before rates verdictThe euro was pinned to a five-week low on Wednesday and commodity currencies found support as prospects for peace in Ukraine darkened, whil...
Dollar firm ahead of payrolls; kiwi awaits RBNZ decisionThe euro is pinned near a 14-month low of $1.1563 it struck last week and last bought $1.1599, having slipped 0.2% overnight. The safe-have...
Dollar stands tall as Covid rattles kiwiThe euro touched $1.1702 early in the Asia session, its lowest since November 2020. The kiwi nursed losses at $0.6922, after the discovery ...
One virus case puts New Zealand into nationwide lockdownThe snap lockdown will begin at midnight tonight as authorities rush to identify the source of a single infection in largest city Auckland,...
After well-being Budget, NZ ushers in bank deposit protectionNew Zealand is proposing deposit protection of up to NZ$50,000 ($33,000).