by Warren Head | May 19, 2023 | Currency, Economy, Global Share Markets, Money Market
. The US dollar showed broadly based gains, seeing a weaker NZD; US Treasury yields continue to rise, with a trio of upward forces overnight, notes BNZ Markets. NZ rates shot higher yesterday after the Budget conveyed a continuation of easy fiscal policy, driving...
by Warren Head | May 18, 2023 | Currency, Economy, Global Share Markets, Money Market
18.5.23 Risk sentiment has improved with some attributing this to reduced fear of a pending US government debt default following comments from the key players, notes BNZ Markets. US equities are stronger, US Treasury yields are higher and commodity currencies have...
by Warren Head | May 17, 2023 | Currency, Economy, Global Share Markets, Money Market
17.5.23 There has been a lot of economic data released but market movements have been well contained, says BNZ Markets this morning. “The USD is broadly stronger, albeit with only a small gain,” notes senior market strategist Jason Wong. “Weaker China data saw the...
by Warren Head | May 16, 2023 | Currency, Economy, Global Share Markets, Money Market
In a quiet start to the week, US equities are flat and there has been a small lift in US Treasury yields, notes BNZ Markets. Debt ceiling negotiations remain in the headlines, Fed speakers have given mixed messages, and the US empire manufacturing survey has proven to...
by Warren Head | May 15, 2023 | Currency, Economy, Global Share Markets, Money Market
15.5.23 In currency markets, the US dollar has made broad-based gains resulting in the best weekly performance since February, notes BNZ Markets. The dollar benefited from the rebound in yields and market chat of persistent short covering of US Dollar positions, says...
by Warren Head | May 8, 2023 | Currency, Economy, Global Share Markets, Money Market
8.5.23 Risk appetite recovered on Friday, seeing US banking stocks bounce higher and strong gains in US equities, supported by data showing solid jobs growth, notes BNZ Markets. US Treasury yields rose, led by the short end, reducing the extent of easier policy priced...
