Deutsche Bank - Latest News [Page 2]
NZ Quarterly Economic Forecasts - July 2002
Friday, 19 July 2002, 2:54 pm | Deutsche Bank
In May the Reserve Bank of New Zealand argued that the Official Cash Rate (OCR) would have to rise to 6.75% to ensure a return of CPI inflation to below 2%. More >>
Consumer Price Index (Q2 2002)
Monday, 15 July 2002, 4:00 pm | Deutsche Bank
Result: The headline CPI rose by 1.0% qoq in Q2, in line with expectations. Encouragingly, the CPI showed relatively modest price pressure in the housing market, but some pressures are evident in parts of the service sector. More >>
Quarterly Survey of Business Opinion (Q2 2002)
Thursday, 11 July 2002, 1:51 pm | Deutsche Bank
Headline business confidence dipped into negative territory, but rose modestly in seasonally adjusted terms. Trading activity was robust in Q2 and is expected to remain so in Q3. Pricing intentions eased a little. More >>
Preview Consumer Price Index - Q2 2002
Thursday, 11 July 2002, 1:15 pm | Deutsche Bank
We estimate the CPI to have increased by 1.0% qoq in Q2, causing the annual rate of inflation to have risen from 2.6% to 2.8%. More >>
Data Flash (New Zealand) Retail Sales - May 2002
Tuesday, 9 July 2002, 1:22 pm | Deutsche Bank
Result: Retail sales fell 1.2% mom, partially reversing a 2.6% mom rise in April. More >>
Govt Will Instruct RBNZ To Soften Policy Approach
Monday, 8 July 2002, 4:16 pm | Deutsche Bank
The RBNZ is expected to shift away from using 1.5% as medium-term inflation target (mid-point of 0-3% target range). More >>
RBNZ raises cash rate by 25 bps to 5.75%
Wednesday, 3 July 2002, 12:05 am | Deutsche Bank
As widely expected, the RBNZ raised the Official Cash Rate (OCR) to 5.75% following the interim review of monetary policy settings. More >>
Key Global Developments And Financial Markets
Tuesday, 2 July 2002, 1:57 pm | Deutsche Bank
Falling equity prices, accounting scandals and world cup soccer have dominated June. On the corporate governance front, WorldCom shocked markets late in the month with the news that it had capitalised operating expenses and thus massively overstated ... More >>
NBNZ Business Survey - June 2002
Friday, 28 June 2002, 2:24 pm | Deutsche Bank
Result: Business confidence is now declining under the weight of rising interest rates, an appreciating exchange rate, sharply lower commodity prices and increasing uncertainty about the pace of the global recovery. Indicators of pricing intentions ... More >>
Data Flash (New Zealand) GDP - Q1 2002
Friday, 28 June 2002, 1:55 pm | Deutsche Bank
Result: GDP rose 1.1% qoq in Q1 (in line with market expectations) and was 4.0% higher than the same quarter a year earlier (compared to expectations of 3.8% yoy, reflecting minor upward revisions to earlier data). More >>
Current Account and International Investment
Thursday, 27 June 2002, 1:56 pm | Deutsche Bank
Today's surprisingly good current account deficit figures paint a much-improved picture of the state of New Zealand's external accounts. While the trade balance is beginning to deteriorate, the services balance has moved into positive territory for the first ... More >>
Building Consents - May 2002
Thursday, 27 June 2002, 11:47 am | Deutsche Bank
The sharp fall in the number of dwelling consents in May was to be expected after a very strong rise in April. As the chart above illustrates, the key driver of recent volatility in total consents issued has been apartment consents. Consents for single ... More >>
PREFU 2002 and Comments by Finance Minister Cullen
Tuesday, 25 June 2002, 5:09 pm | Deutsche Bank
As required by the Fiscal Responsibility Act, the Government today released its Pre-Election Economic and Fiscal Update (PREFU). Coming just 5 weeks after the Budget, little change in the Treasury's economic and fiscal projections was expected with ... More >>
External Migration - May 2002
Saturday, 22 June 2002, 6:04 pm | Deutsche Bank
In March 2002, New Zealand recorded the strongest seasonally adjusted net inflow of permanent migrants in over 40 years. After easing somewhat in April, the net inflow has increased again in May, although not back to the March high. While, we still ... More >>
GDP growth of 1.1% qoq estimated in Q1 2002
Friday, 21 June 2002, 11:59 am | Deutsche Bank
Deutsche Bank forecasts: 1.1% qoq / +3.8% yoy / 3.1% ann. av., balanced risk More >>
Consider NZGB calls as a way to get long
Thursday, 13 June 2002, 11:08 am | Deutsche Bank
* The appreciation of the NZD is approaching levels where it could begin to have a material impact on the profile for the cash rate going forward. More >>
Overseas Trade Indexes - Q1 2002
Wednesday, 12 June 2002, 3:54 pm | Deutsche Bank
Result: The terms of trade rose 1.5% qoq, driven by a 3.8% qoq decline in import prices. Export volumes rose 1.1% qoq while import volumes rose 3.7% qoq, the latter driven by strong growth in consumption imports. More >>
ANZ Job Ads Survey - May 2002
Tuesday, 11 June 2002, 10:22 am | Deutsche Bank
The number of newspaper job advertisements fell by 2.9% mom in May following a 6.2% rise in April and a 2.5% decline in March. The timing of Easter has had a substantial impact on this data. More >>
Data Flash (NZ) Retail Sales - April 2002
Friday, 7 June 2002, 2:23 pm | Deutsche Bank
Result: Retail sales rose 2.6% mom, easily beating market expectations of a 1.0% mom rise. More >>
ANZ Commodity Price Index - May 2002
Wednesday, 5 June 2002, 9:38 am | Deutsche Bank
The ANZ index of world prices for New Zealand's commodity exports fell by a little more than we expected this month, with a decline in meat prices compounding a further fall in the dairy sector. Going forward, although we think that world prices for ... More >>