by Warren Head | Apr 16, 2024 | Commodities, Currency, Economy, Global Share Markets, Money Market
Markets continue to trade with a cautious tone, with Israel vowing to retaliate against Iran’s weekend attack, notes BNZ Markets this morning. US equities are down close to 1% and oil prices are barely lower, with Brent crude about US$90. US Treasury yields rose to...
by Warren Head | Apr 15, 2024 | Currency, Economy, Global Share Markets, Money Market
Risk aversion gripped global assets markets into the end of last week amid rising geopolitical tensions, says BNZ Markets this morning. There were growing concerns that Iran could launch a retaliatory attack on Israel following the air strike on the Iranian consulate...
by Warren Head | Apr 12, 2024 | Currency, Economy, Money Market
Markets have settled after the shock from the hot CPI print in the US the previous night, helped in part by a more benign PPI print, notes BNZ Markets this morning. US Treasury yields show only small movements, with a modestly steeper curve led by a retracement in the...
by Warren Head | Apr 11, 2024 | Currency, Economy, Global Share Markets, Money Market
11.4.24. Stronger than expected US CPI data, contributed to a reassessment about how soon the US Federal Reserve might cut rates, and prompted large moves across global asset markets, notes BNZ Markets this morning. US treasury yields surged higher contributing to...
by Warren Head | Apr 10, 2024 | Currency, Economy, Market Commentary, Money Market
It has been another uneventful day in financial markets, with the key move being a steady fall in US Treasury yields after the recent lift to 2024 highs, ahead of tonight’s key US CPI report, notes BNZ Markets. US equities are down modestly. Currency moves have been...
by Warren Head | Apr 9, 2024 | Commodities, Currency, Economy, Money Market
9.4.24 Market movements have been well contained to kick off the week without any key catalysts to perturb pricing, says BNZ Markets this morning. Jason Wong, senior markets strategist, notes “There was a total eclipse of the sun in the US and a total eclipse of the...
