Blogs

The Reserve Bank of New Zealand  policy announcements are here: NZD marked lower despite the as expected result: See here for global coronavirus case data

Announcement is here:  Minutes, main points (via Reuters)  (LSAP is the QE program) See here for global coronavirus case data

RBNZ monetary policy decision and statement Monetary Policy Committee has agreed to significantly expand the Large Scale Asset Purchase (LSAP) programme potential to $60 billion

Reserve Bank of New Zealand  May 2020 policy decision decision on the way! Previews: TL;DR version: – cash rate on hold – doubling of QE  Governor Orr's press conference will follow at 0300GMT. 

How to know when news is priced in In this video below we look at market expectations and how these expectations impact how much or little any news is priced in. Check out the video below to find out more: 

<p>Australia employment dropped -594.3k to 12.4m in April, largest fall on record. That was slightly worse than expectation of -575.0k. Full-time jobs dropped -220.5k to 8.66m, Part times jobs dropped 373.8k to 3.76. Unemployment rate rose 1.0% to 6.2%, highest since September 2015. That was much better than expectation of 8.3%, But it should

<p>US stocks closed lower overnight and risk aversion carries on in Asian session. Investors were somewhat disappointed by Fed Chair Jerome Powell’s rejection of negative interest rates. Additionally, he’s rather cautiously pessimistic with his comments on the recovery. In short, Powell said “the committee’s view on ne

<p>San Francisco Fed President Mary Daly said overnight that the phased reopening of economy “by definition translates to a slow recovery as we put toes in the water, see if the virus flares up when we go back to some economic activity.” “If it doesn’t, we can gain some momentum, people will be more confident; [&hellip

<p>NIESR projects that UK economy to contract by -25% to -30% in Q2. “In a period of radical uncertainty, the short-term economic impact of Covid-19 is becoming clearer with the publication of GDP data for March, where output is expected to be lower by about 25 per cent in months when the lockdown is in […]

<p>In a speech delivered online, Fed Chair Jerome Powell said that with the current coronavirus crisis “the path ahead is both highly uncertain and subject to significant downside risks”. Policies will, therefore, need to be “ready to address a range of possible outcomes”. Powell also noted that “Fed has lending