Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- MNI ResearchMNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
NEW ZEALAND: Bank desk views on today's NZIER QSBO:
- ANZ: Biz sentiment improved a little in Q4. Nonetheless, businesses are
pessimistic, with the econ cycle looking tired. Experienced activity, which
tends to be a good barometer of GDP growth, perked up a little in Q4, but at
face value is consistent with soft annual growth of 2-2.5% in the short term.
Data are consistent with our view that the econ is not performing well enough to
achieve a durable lift in inflation. We see the RBNZ cutting the OCR late this
year to give the economy a pick-me-up.
- ASB: Q4 activity remained reasonably soft. Our view is that econ activity &
biz confidence will recover from early '19. While forward-looking responses from
the QSBO shared this optimism, some of the underlying detail casts some shadow
- Westpac: There was some improvement in biz confidence in Q4, although
confidence remains at relatively low levels. Concern about confidence has
dissipated somewhat over recent months as the level of biz confidence has
stabilised, albeit at low levels.