by Warren Head | Sep 29, 2023 | Currency, Economy, Global Share Markets, Money Market
Another day, another bond market sell-off with fresh highs in global rates, although the net change in the US 10-year rate has been small, after some reversal, says BNZ Markets this morning. Higher risk appetite sees a recovery in US equities and a broadly weaker USD,...
by Warren Head | Sep 28, 2023 | Currency, Global Share Markets, Money Market
30.9.23 It’s a case of more of the same overnight, with weaker equity markets in the face of fresh cycle highs for bond yields with steeper curves, higher oil prices and a stronger USD, says BNZ Markets on Thursday morning. “Risk sentiment remains downbeat overnight...
by Warren Head | Sep 25, 2023 | Currency, Economy, Global Share Markets, Money Market
The NZ dollar saw a modest gain on Friday night, closing the week at 0.5960, to be the best of the majors for the week, up 1%, notes BNZ Markets this morning. US Treasuries ended the week with a relief rally, the 10-year rate closing Friday down 6bps after trading at...
by Warren Head | Sep 20, 2023 | Currency, Global Share Markets, Latest News, Money Market
Some nerves are evident ahead of the Fed’s meeting in just under 24 hours, sending US Treasury rates higher, not helped by stronger than expected Canadian inflation data and oil prices rising to a fresh 10-month high, notes BNZ Markets this morning Commodity...
by Warren Head | Sep 19, 2023 | Currency, Economy, Global Share Markets, Money Market
Ahead of a busy week, market movements have been modest, noyes BNZ M<arkets this morning. “The USD is slightly weaker, with a small fall overall, and the NZD has consolidated just over 0.59,” says Jason Wong, senior markets strategist. “US Treasury yields are well...
by Warren Head | Sep 18, 2023 | Currency, Economy, Global Share Markets, Money Market
US equities fell on Friday led by technology stocks following indications of weak demand from Taiwan’s TSMC, the world’s top chipmaker, notes BNZ Markets this morning. The Nasdaq fell 1.6% while the S&P pulled back 1.2% to end little changed over the week. “The...
