Deutsche Bank - Latest News [Page 9]
RBNZ May Monetary Policy Statement Instant View
Wednesday, 15 August 2001, 10:44 am | Deutsche Bank
The Bank referred to buoyant domestic trading conditions and corresponding upside inflation risks, but also noted that there was a risk of a further deterioration in world economic conditions. More >>
RBNZ Remains On Hold
Wednesday, 15 August 2001, 12:59 am | Deutsche Bank
Key points As widely expected, the RBNZ left the official cash rate (OCR) unchanged at 5.75% when it released its quarterly Monetary Policy Statement. Governor Brash described the current level of the OCR as ‘around neutral’. ... More >>
New Zealand Markets 13 August 2001
Monday, 13 August 2001, 1:56 pm | Deutsche Bank
- The break of 0.4220 was confirmed as the NZD rapidly moved up to 0.4272. Only the AUD capitulation stopped it from breaking higher. More >>
RBNZ to leave OCR unchanged at 5.75%
Friday, 10 August 2001, 10:32 am | Deutsche Bank
- Retail sales volumes grew 1.3% qoq in Q2. Moreover, labour market data have supported our view that overall economic activity grew by around 1% qoq following a flat Q1. More >>
ANZ Job Ads Survey (July 2001)
Friday, 10 August 2001, 10:28 am | Deutsche Bank
- The number of newspaper job advertisements increased by 2.2% in July, sending the level of job ads to yet a new record high. The number of ads placed in July was 7.8% higher than a year earlier. More >>
Overseas Merchandise Trade (June, Final)
Thursday, 9 August 2001, 2:13 pm | Deutsche Bank
- A merchandise trade surplus of $139m was recorded in June. A provisional surplus of $110m had been reported on 26 July. The average surplus for June over the past 10 years is $132m. The trade deficit for the year to June was $22m, $29m lower than ... More >>
Household Labour Force Survey (Q2 2001)
Thursday, 9 August 2001, 12:35 am | Deutsche Bank
- The Household Labour Force Survey (HLFS) confirmed the very strong Q2 labour market performance portrayed by last week’s Quarterly Employment Survey (QES). More >>
Retail sales (June and Q2)
Wednesday, 8 August 2001, 2:08 pm | Deutsche Bank
- The value of retail sales rose 1.2% mom in June, much stronger than the market’s expectation of a 0.4% mom rise. Excluding motor vehicles sales and services, sales rose 1.0% mom. More >>
NZ: RBNZ leaves OCR at 5.75%
Wednesday, 4 July 2001, 11:47 am | Deutsche Bank
As expected by the market and most market economists, the RBNZ left its official cash rate unchanged at 5.75%. The RBNZ issued a short statement - reproduced overleaf - setting out the rationale for this decision. More >>
NZ: ANZ Commodity Price Index - June 2001
Tuesday, 3 July 2001, 10:51 am | Deutsche Bank
The foreign currency price of New Zealand's commodity exports fell 1.8% mom in June, the first fall in world prices in nine months. The result was partly driven by sharply weaker prices for aluminium and wood pulp. More >>
Key Global Developments And Financial Markets
Tuesday, 3 July 2001, 9:34 am | Deutsche Bank
As we started to put this note together at the beginning of last week, we were thinking of highlighting as the key development during June the broadening in the global slowdown. Both the Japanese and European activity data have become increasingly negative. For ... More >>
NZ: RBNZ OCR Review: No Change Expected
Friday, 29 June 2001, 3:25 pm | Deutsche Bank
We expect the RBNZ to leave the overnight cash rate (OCR) unchanged at 5.75%, following the review on 4 July (9.00 pm GMT, 3 July). More >>
NZ: GDP - March 2001 Quarter
Friday, 29 June 2001, 3:21 pm | Deutsche Bank
GDP (production measure) remained flat in the March quarter, following a 0.4% qoq increase in Q4/2000. The expenditure-based measure recorded an increase of 0.2% qoq. More >>
NZ: Merchandise Trade Balance, Imports - May 2001
Thursday, 28 June 2001, 2:21 pm | Deutsche Bank
A provisional merchandise trade surplus of $652m was recorded for the month of May compared with a surplus of $173m in May 2000. The average surplus for May over the past 10 years is $327m. The surplus easily exceeded our expectation of $350m and ... More >>
NZ: Building Consents - May 2001
Wednesday, 27 June 2001, 4:07 pm | Deutsche Bank
The number of new dwelling consents issued decreased 4.3% mom in May following a 3.7% rise in April and was 13.9% lower than a year earlier. However, non-residential building consents with a value of $256m were issued in May, taking the three-month ... More >>
WestpacTrust Consumer Confidence Survey - Q2 2001
Wednesday, 27 June 2001, 3:16 pm | Deutsche Bank
The WestpacTrust McDermott Miller index of consumer confidence fell to 117.0 in Q2 2001, from 121.6 in Q1. A reading greater than 100 indicates that the number of optimists exceeds the number of pessimists. More >>
BoP & International Investment Position - Q1 2001
Tuesday, 26 June 2001, 1:53 pm | Deutsche Bank
A current account surplus of $95m was recorded in Q1 2001 - the first quarterly surplus since 1994. This result compared with market expectations of a deficit of $260m and our own forecast of a deficit of $40m. More >>
NZ: A Busy Week Ahead...
Friday, 22 June 2001, 3:36 pm | Deutsche Bank
Following a quiet fortnight, the coming week's local data calendar is extremely busy. In this note, we preview the key data: Q1 Balance of Payments, Q1 GDP, May Merchandise Trade and the June NBNZ Survey. The Q2 WestpacTrust McDermott Miller ... More >>
NZ: Food Price Index - May 2001
Thursday, 14 June 2001, 2:13 pm | Deutsche Bank
The food price index rose by 0.3%mom - the market had expected an increase of 0.1% mom. More >>
NZ: ANZ Job Ads Survey - May 2001
Wednesday, 13 June 2001, 11:17 am | Deutsche Bank
The number of job advertisements increased by 0.8% in May, following a 4.1% drop in April. More >>
