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News 2026-10-01 02:34 UTC

Kiwi Dollar Falls to Lowest Since November 2025

The New Zealand dollar slipped to around $0.562 on the first day of October, hitting its lowest level since November 2025, as broad-based US dollar strength continued to weigh on the currency. The greenback was supported by a sustained rise in US Treasury yields, with elevated oil prices fueling concerns over persisten

News 2026-09-28 03:35 UTC

Australia, NZ dollars near multi-month lows as RBA hike seen likely

The Australian dollar was flat near $0.7020 after hitting an eight-week low, while the New Zealand dollar touched a three-month low at $0.5650. Markets expect the Reserve Bank of Australia to raise rates 25 basis points on Tuesday and see an 80% chance the RBNZ hikes on Oct. 28.

News 2026-09-23 09:41 UTC

MNI US OPEN - Trump Hails "Very Good" Talks With Iran's Envoys

EXECUTIVE SUMMARY * TRUMP HAILS IRAN TALKS EVEN AS TEHRAN SETS 'FIRM POSITIONS': #0244e48b-2945-4b3b-8085-728a924ddf38 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH: WSJ: #cddd3044-ae77-4efa-9233-fb28b1e6f368 * NAGEL SAYS 'VIGILANT' ECB MAY NEED MILDLY RESTRICTIVE RATES: #13be4029-5b8c-40

News 2026-09-23 05:29 UTC

MNI EUROPEAN MARKETS ANALYSIS: USD Supported Despite Lower Oil

* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but

News 2026-09-23 05:16 UTC

MNI EUROPEAN OPEN: Oil Pullback Continues

EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI

News 2026-09-22 01:03 UTC

New Zealand central bank stimulus stayed too long after pandemic, review finds

An independent review of the Reserve Bank of New Zealand's response to the COVID-19 pandemic found that while the initial monetary policy stimulus was appropriate and effective, it remained in place too long. The review was commissioned by the current New Zealand government and comes after inflation peaked at 7.3% in l

News 2026-09-02 06:05 UTC

NZX 50 closes 1% higher after RBNZ hikes rates 25 bps

New Zealand equities rose 144 points, or 1.0%, to close at 13,931 on Wednesday, after the RBNZ hiked interest rates by 25 bps and signaled a return of price growth to its 1% to 3% target range.

News 2026-07-09 04:23 UTC

New Zealand's Official Cash Rate to Peak at 4% by May 2027, BNZ Research Says

() -- Borrowing costs in New Zealand are poised to rise further as the country's central bank will likely follow its first rate hike in three years with a sequence of 25-basis-point increases, BNZ Research said in a Thursday report. The Reserve Bank of New Zealand (RBNZ) on Wednesday raised its official cash rate (OCR)

News 2026-07-08 14:26 UTC

NZD/CAD Surges as RBNZ Hikes OCR by 25bps to 2.50%, First Hike in 3 Years

() -- The New Zealand dollar surged against the US dollar on Wednesday as the Reserve Bank of New Zealand raised its Official Cash Rate by 25 basis points to 2.50%, as widely expected, its first hike since 2023, lifting the kiwi against the USD despite holding support from the safe-haven appeal. In Wednesday's G10 trad

News 2026-07-08 04:57 UTC

New Zealand Central Bank to Hike Rate Again at Next Two Meetings, ANZ Says

() -- The Reserve Bank of New Zealand's (RBNZ) consensus decision to raise its official cash rate to 2.5% was in line with expectations, and further increases to borrowing costs are likely before the end of the year, ANZ said in a Wednesday report. In raising the rate by 25 basis points, the central bank pointed to a c

News 2026-06-25 01:39 UTC

RBNZ: 2 Hikes

Westpac expects two RBNZ rate hikes in 2026, with the first hike expected in September