Reserve Bank of New Zealand Raised Rate 25 Basis Points as Expected

The Reserve Bank of New Zealand raised its Official Cash Rate from 0.50% to 0.75% as expected as capacity pressures have continued to tighten. RBNZ says headline CPI inflation is expected to measure above 5 percent. Reserve Bank of New Zealand raise its Official Cash Rate from 0.50% to 0.75% The rise in the official cash rate comes after last month’s which was the first since 2014 when the OCR hit a post-GFC peak of 3.5 per cent. RBNZ projections … Continue reading “Reserve Bank of New Zealand Raised Rate 25 Basis Points as Expected”

New Zealand To Issue Sovereign Green Bonds To Support Climate Transition

New Zealand government announced it’d be issuing a ‘green bond’ to fund low-emission or environmental projects such as renewable energy or reforestation, have increasingly become part of climate financing around the world including the UK, Germany and France. The ‘green bonds’ are issued at lower interest rates (relative to conventional govt bonds) to money managed by sustainable funds & those with ESG (environment, social and sustainability) mandates. In 2020 the global green bond market reached a cumulative issuance milestone of … Continue reading “New Zealand To Issue Sovereign Green Bonds To Support Climate Transition”

Reserve Bank of New Zealand Raised Rate 25 Basis Points With Cost Pressures More Persistent

The Reserve Bank of New Zealand raised its Official Cash Rate from 0.25% to 0.5% as expected. Despite the persistent Delta variant outbreak expectations cost pressures are becoming more persistent. The move follows Mexico and Brazil Raising Rates.

Unintended Consequences – New Zealand Commodity Prices Jump as Beef Prices Soar 19%

The New Zealand ANZ commodity price index rose 4.3% in November, up sharply from a 1.2% gain in October. The rise was the larget gain since September 2016. Beef prices soared 19% m/m pressured by overseas supply constraints.

The Lands of the Free -Scandinavia, Canada, Netherlands and Australia

The drums of war  are loud in the Middle East with Iran, Syria and Yemen  all vulnerable or in conflict. With the historic meeting between North Korea and the US to confirm the ending of nuclear weapons in the zone, what is Freedom and who are the most free?

Record Number of Chinese, Indian and American Tourists Visit Australia

In the midst of trade wars and Australia’s awkward position between China and America an interesting fact has emerged, China is now the top origin of tourists to Australia. The Chinese takeover neighbour New Zealand as the top source country.

Kiwi Slaughtered After New Zealand Moves Left With New PM Arden

The New Zealand dollar has tumbled in foreign exchange markets after the fallout from the party with the balance of power, First Party after the recent election decision to side with the opposition Labour/Green coalition. The inexperienced Jacinda Arden is the new Prime of Minister of New Zealand which has caused finacial markets to lurche lower.