Results for RBNZ
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Calm Markets with Japan on Holiday Today and the US Tomorrow

November 23, 2022
Overview: The capital markets are quiet today with Japan on holiday and the US on holiday tomorrow. Asia Pacific equities were mostly firmer after yesterday’s rally on Wall Street. Europe’s Stoxx 600 is about 0.25% higher and at its best level in three months. US futures are steady to slightly higher. Benchmark 10-year yields are little changed. T…
Calm Markets with Japan on Holiday Today and the US Tomorrow Calm Markets with Japan on Holiday Today and the US Tomorrow Reviewed by Marc Chandler on November 23, 2022 Rating: 5
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Consolidative Session, even if Not Turn Around Tuesday

November 22, 2022
Overview: The US dollar is trading with a somewhat heavier bias after bouncing higher yesterday. All the G10 currencies are higher, led by the New Zealand dollar, where the central bank is expected to hike first thing tomorrow. Most emerging market currencies are also firmer. Those that are not, like the South Korean won and Mexican peso, are nurs…
Consolidative Session, even if Not Turn Around Tuesday Consolidative Session, even if Not Turn Around Tuesday Reviewed by Marc Chandler on November 22, 2022 Rating: 5
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Dollar Slump Halted as Stocks and Bonds Retreat

October 05, 2022
Overview: Hopes that the global tightening cycle is entering its last phase supplied the fodder for a continued dramatic rally in equities and bonds. The euro traded at par for the first time in two weeks, while sterling reached almost $1.1490, its highest since September 15. The US 10-year yield has fallen by 45 bp in the past five sessions. Yet,…
Dollar Slump Halted as Stocks and Bonds Retreat Dollar Slump Halted as Stocks and Bonds Retreat Reviewed by Marc Chandler on October 05, 2022 Rating: 5
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Week Ahead: Macro and Prices

October 01, 2022
The market has much to digest. The Bank of England's new purchases of Gilts coincided with a reassessment of the trajectory of Fed policy. After the hawkish FOMC decision and forecasts, the market briefly thought the terminal rate could be 5.25-5.50% in the middle of next year. However, by the end of last week, it had returned to around 4.5% a…
Week Ahead: Macro and Prices Week Ahead:  Macro and Prices Reviewed by Marc Chandler on October 01, 2022 Rating: 5
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Markets Look for Direction

August 17, 2022
Overview: The biggest development today in the capital markets is the jump in benchmark interest rates.  The US 10-year yield is up five basis points to 2.86%, which is about 10 bp above Monday’s low.  European yields are up 9-10 bp.  The 10-year German Bund yield was near 0.88% on Monday and is now near 1.07%.  Italy’s premium over Germany is nea…
Markets Look for Direction Markets Look for Direction Reviewed by Marc Chandler on August 17, 2022 Rating: 5
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Week Ahead: More Evidence US Consumption and Output are Expanding, and RBNZ and Norges Bank to Hike Week Ahead: More Evidence US Consumption and Output are Expanding, and RBNZ and Norges Bank to Hike Reviewed by Marc Chandler on August 13, 2022 Rating: 5
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Euro Parity Holds ahead of US CPI

July 13, 2022
Overview: The US dollar is consolidating with a slight downside bias ahead of the June CPI report. The euro held above $1.00 but is still pinned in the trough. The rate hike by the Reserve Bank of New Zealand failed to have much impact. On the other hand, the JP Morgan Emerging Market Currency Index is lower for the fourth consecutive session. Mos…
Euro Parity Holds ahead of US CPI Euro Parity Holds ahead of US CPI Reviewed by Marc Chandler on July 13, 2022 Rating: 5
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