Deutsche Bank - Latest News [Page 15]
Strategy: Currency Union and Convergence
Wednesday, 20 September 2000, 1:54 pm | Deutsche Bank
A topic that has raised its head in recent weeks is the possibility of currency union between Australia and New Zealand. The NZ Prime Minister has mentioned it on a number of occasions as an idea worth considering, while a recent poll shows a majority of ... More >>
Balance of Payments Revisions - Q2 2000
Tuesday, 19 September 2000, 8:37 am | Deutsche Bank
The current account deficit for the year to Q1 2000 was revised down to $7,328m from $8,545m - an improvement of $1,217m. The size of the revision was significantly greater than expected by the market. More >>
Preview June Quarter Growth estimated at -0.8%
Wednesday, 13 September 2000, 8:47 am | Deutsche Bank
Key Points Release date: Friday, 29 September, 10.45am (NZT) Deutsche Bank forecasts: -0.8% qoq; +4.9% yoy RBNZ forecast: -0.2% qoq; +5.5% yoy Market expectations (average so far): -0.3% qoq. Range: -1.0%/+0.2% qoq More >>
ANZ Commodity Price Index - August
Tuesday, 12 September 2000, 10:17 am | Deutsche Bank
Key Points The foreign currency price of New Zealand's commodity exports remained unchanged in August, with continued strength in food commodity prices offset by weakness in aluminium and forestry products. More >>
Overseas Trade Indexes (June Quarter)
Monday, 11 September 2000, 4:02 pm | Deutsche Bank
Key points Export prices rose by 3.8% qoq, while import prices rose by 2.6% qoq. The terms of trade rose by 1.2% in the June quarter, but were 1.0% below the level of Q2/99. More >>
Overseas Merchandise Trade (July Fnal)
Thursday, 7 September 2000, 6:46 pm | Deutsche Bank
* The preliminary export estimate for July was subject to an unusually large revision of +$180m to $2,300m. More >>
Monetary policy framework to be stress tested
Tuesday, 29 August 2000, 11:51 am | Deutsche Bank
The NZ dollar reached historic lows last week. While US dollar strength is partly to blame, adverse economic fundamentals caused the NZ currency again to depreciate by more than other currencies. On a trade-weighted basis, the NZ dollar is trading ... More >>
Data Flash: Producer Prices Q2/2000
Friday, 25 August 2000, 1:33 pm | Deutsche Bank
Producer input prices rose 1.2% qoq in Q2 and were 5.5% higher than in mid-1999. Producer output prices rose 1.0% qoq and were 3.9% higher than last year. Higher commodity prices and the flow-on effects into manufacturing production and the distribution ... More >>
RBNZ Policy Statement and Q2 Wage Data
Wednesday, 16 August 2000, 5:36 pm | Deutsche Bank
The RBNZ left the official cash rate unchanged at 6.5% - a level the Bank considers broadly neutral. Uncertainty about the economic outlook has been the key reason behind the RBNZ's decision. More >>
Preview RBNZ MPS - August
Wednesday, 9 August 2000, 1:01 pm | Deutsche Bank
We expect the RBNZ to raise the OCR by 25 bps to 6.75%. However, that it is a very close call and we put a significantly higher probability on `at least one 25 bps tightening by 4 October'. The market is currently pricing zero change for 16 August ... More >>
ANZ Job Ads - July 2000
Tuesday, 8 August 2000, 10:10 am | Deutsche Bank
Key Points The number of job ads rose by a seasonally adjusted 3.3% mom in July. Total job ads were 8.1% higher than in July 1999. More >>
Retail Sales NZ - June Quarter 2000
Monday, 7 August 2000, 2:40 pm | Deutsche Bank
Retail sales (nominal, s.a.) increased by 0.5% in June, following results of +0.1% and +0.8% for the preceding two months. More >>
Household Labour Force Survey
Thursday, 3 August 2000, 5:22 pm | Deutsche Bank
Q2 2000 Key Points Employment fell 0.2% qoq in Q2 following a decline of 0.3% qoq in Q1. Average market expectations had been for a rise of 0.2%. The weak overall result was driven by a large fall in employment in the Auckland region, consistent ... More >>
More than a spike on the inflation horizon?
Wednesday, 2 August 2000, 1:00 pm | Deutsche Bank
RBNZ Governor Brash confirmed in a speech today that inflation is likely to head higher over the second half of this year. We expect the 3% mark to be reached by December. That outcome is a function of high oil and other commodity prices, a significant ... More >>
NBNZ Business Confidence Survey - July 2000
Friday, 28 July 2000, 11:22 am | Deutsche Bank
A net 36% of respondents were pessimistic about the general business outlook. Though still very negative in absolute terms, this result represented a significant improvement on the net 56% of respondents who were pessimistic in the June survey. More >>
NBNZ Business Confidence Survey - July 2000
Friday, 28 July 2000, 11:17 am | Deutsche Bank
A net 36% of respondents were pessimistic about the general business outlook. Though still very negative in absolute terms, this result represented a significant improvement on the net 56% of respondents who were pessimistic in the June survey. More >>
Overseas Merchandise Trade - June 2000
Wednesday, 26 July 2000, 12:49 am | Deutsche Bank
Statistics NZ reported a provisional trade deficit of $52m for the month of June compared with a revised surplus of $192m in May. The annual deficit was $3,189 in June, compared with $3,328 in May. More >>
Building Consents - June 2000
Tuesday, 25 July 2000, 5:13 pm | Deutsche Bank
The number of new dwelling consents issued fell 9.2% mom (s.a.) in June to a level 23% lower than a year earlier. More >>
Retail Sales - June 2000 (Provisional)
Friday, 21 July 2000, 5:58 pm | Deutsche Bank
Total retail sales are estimated to have risen by 0.2% mom/6.0% you in June. More >>
'Politics and NZ's risk premium' - Deutsche Bank
Tuesday, 18 July 2000, 11:40 am | Deutsche Bank
It has been suggested that the policies of the new Government have increased the risk premium on NZ assets. However, it is difficult to find evidence of this. For More >>
