Deutsche Bank - Latest News [Page 11]
NZ: Government Funding Options
Thursday, 10 May 2001, 3:10 pm | Deutsche Bank
Will the Debt Management Office cancel the $350m tender planned for 21 June? Surprisingly strong cash flows (our estimate: around $800m ahead of forecast) would allow the Government to cancel the planned 21 June tender ($350m in total) if it wished. Such ... More >>
NZ Household Labour Force Survey (Q1 2001)
Thursday, 10 May 2001, 3:10 pm | Deutsche Bank
Employment was unchanged in Q1 following a revised increase of 1.0% qoq in Q4. The level of employment was 2.3% higher than a year earlier. This result was close to the median market expectation of +0.1% qoq. More >>
Labour and Employment - March 2001 quarter
Wednesday, 9 May 2001, 5:20 pm | Deutsche Bank
As measured by the Quarterly Employment Survey (QES), average hourly earnings (ordinary time) in the private sector increased by 1.5% qoq in Q1. The market had expected +0.9% qoq. More >>
Key Global Developments And Financial Markets
Wednesday, 2 May 2001, 11:42 am | Deutsche Bank
Volatility in financial markets has been a key theme for the month. For instance, the yield on the 10Y UST note traded in a 40bp range over the month, finishing at its high for the year after starting the month at less than 5%. The front end has ... More >>
NZ March trade balance weaker than expected
Tuesday, 1 May 2001, 6:44 pm | Deutsche Bank
Statistics NZ reported a provisional merchandise trade surplus of $74m for the month of March compared with a surplus of $35m in March 2000. The average surplus for March over the past 10 years is $200m. The median market expectation had been for a surplus ... More >>
NZ Building Consents - March 2001
Monday, 30 April 2001, 5:50 pm | Deutsche Bank
The number of new dwelling consents issued decreased 1.2% mom in March and was 12.4% lower than a year earlier. More >>
NBNZ Business Survey - April 2001
Monday, 30 April 2001, 1:17 pm | Deutsche Bank
The latest NBNZ business survey recorded a fall in headline confidence from +30% (net respondents) in March to +17%. However, like most economic data, confidence indicators are affected by seasonal factors. Adjusting for seasonal effects, confidence ... More >>
Data Flash (New Zealand) RBNZ reduces OCR to 6.00%
Thursday, 19 April 2001, 10:22 am | Deutsche Bank
As expected unanimously by the market and market economists, the RBNZ cut its official cash rate by 25bps to 6%. The RBNZ issued a short statement - reproduced below - setting out the rationale for this decision. More >>
Data Flash (NZ) Consumers Price Index - Q1 2001
Wednesday, 18 April 2001, 2:55 pm | Deutsche Bank
The CPI fell 0.2% qoq in Q1, leading to a decline in the annual rate of inflation from 4.0% to 3.1%. The outcome was well below the average market expectation of 0.1% (the RBNZ forecast -0.1% in March). More >>
Preview RBNZ Interim OCR Review
Wednesday, 11 April 2001, 6:34 pm | Deutsche Bank
On 14 March, the RBNZ reduced its official cash rate (OCR) by 25bps to 6.25%, in a move described as a finely balanced decision, with clear risks involved both in reducing the OCR and in leaving it unchanged. More >>
Quarterly Survey of Business Opinion (QSBO)
Wednesday, 11 April 2001, 8:59 am | Deutsche Bank
* Business confidence fell sharply from +31 (net respondents) in Q4 to -2 in Q1. The decline in confidence was especially deep in the manufacturing sector (from +23 to -14) but all sectors surveyed recorded significant declines. Allowing for seasonal ... More >>
NZ no longer an 'island'
Tuesday, 10 April 2001, 5:06 pm | Deutsche Bank
On 7 March we recommended that investors buy NZ short bonds against Australia. Our favoured way to put this trade in place was to receive 3Y NZD swap and sell the 3Y AUD future. More >>
Overseas Merchandise Trade - February 2001
Tuesday, 10 April 2001, 2:02 pm | Deutsche Bank
A merchandise trade surplus of $379m was recorded in February, slightly weaker than the provisional surplus of $413m reported on 27 March. More >>
Data Flash (NZ) Retail Sales - February 2001
Friday, 6 April 2001, 1:57 pm | Deutsche Bank
* Total nominal retail sales rose 0.9% mom in February - bang on market expectations - following a revised 0.6% mom decline in January (revised from -0.3% mom). More >>
Key Global Developments And Financial Markets
Monday, 2 April 2001, 5:10 pm | Deutsche Bank
It has been a volatile month for both global equity and bond markets. The plunge in equity prices in the first three weeks of March, particularly after the market's disappointment with the Fed's 50 bp rate cut, saw bond yields fall to new lows for ... More >>
Data Flash (New Zealand) NZ GDP - Q4 2000
Friday, 30 March 2001, 4:58 pm | Deutsche Bank
GDP (production measure) increased by +0.5% qoq in Q4, following a revised 0.8% rise in Q3. More >>
NBNZ Business Confidence (March)
Wednesday, 28 March 2001, 10:18 am | Deutsche Bank
Headline business confidence was broadly unchanged at +30 (net respondents) in March compared with +31 in February. However, in seasonally adjusted terms, confidence rose to +25 from +15 last month. Confidence appears strongest in the service sector ... More >>
WestpacTrust Consumer Confidence - Q1 2001
Tuesday, 27 March 2001, 4:42 pm | Deutsche Bank
The WestpacTrust McDermott Miller index of consumer confidence rose to 121.6 in Q1 2001, from 113.8 in Q4 2000 and 98.1 in Q3 2000. This is the highest value recorded since Q1 2000. A reading greater than 100 indicates that the number of optimists ... More >>
Overseas Merchandise Trade (Imports, February)
Tuesday, 27 March 2001, 1:24 pm | Deutsche Bank
Statistics NZ reported a provisional trade surplus of $413m for the month of February compared with a surplus of $43m in February 2000. The average surplus for February over the past 10 years is $154m. The annual deficit declined to $1,064m compared ... More >>
NZ Building Consents - February 2001
Tuesday, 27 March 2001, 11:59 am | Deutsche Bank
The number of new dwelling consents issued increased 3.7% mom in February following a 5.7% mom rise in January, but was still 6.9% lower than a year earlier. More >>
