Daily outlook for NZ rates

Jun 17, 2015 20:55 pm UTC| Commentary

Westpac Research notes:NZ swap yields 1 day: Given the movement in interest rates in key markets overnight, the NZ 2yr should open down 2bp at 3.15% while the 10yr should open unchanged at 4.00%. GDP today poses event...

Fed lift-off still likely in September

Jun 17, 2015 20:52 pm UTC| Commentary

The Fed affirmed its signal that it will be appropriate to lift rates at some this year, but the central bank now expects rates to rise a little slower in 2016 than earlier projected. The median FOMC projection for the...

Updated set of Fed projections suggests some slippage past a September take-off

Jun 17, 2015 19:26 pm UTC| Commentary

The June FOMC statement and projections were in line with our expectations, said Barclays. The committee chose to upgrade its assessment of economic activity, in line with the stronger pace of incoming data, but leave the...

USD review

Jun 17, 2015 14:08 pm UTC| Commentary

Western Union notes:The dollar drifted lower with many expecting the Fed to affirm whats at least partially baked into the value of the buck: higher interest rates are coming if the economy can stick to an improving...

CAD review

Jun 17, 2015 14:08 pm UTC| Commentary

Western Union notes:Oil strengthened above $60 but that was of little support to the loonie in a generally risk-off market with many opting for safety and shelter in havens like the Swissie. The loonie was also biding its...

CHF review

Jun 17, 2015 14:07 pm UTC| Commentary

Western Union notes:The Swiss franc was ground zero to market volatility as many ducked for cover in the Alpine unit to seek refuge from growing fears of a Greek default and the can of worms that could unleash for world...

GBP review

Jun 17, 2015 14:06 pm UTC| Commentary

Western Union notes:Sterling soared to one-month highs, basking in a better week for Britains economy with inflation back above zero and U.K. wages up.As expected, U.K. central bank minutes were unanimous in voting to keep...