As widely expected, the RBNZ held the OCR at 2.25%. The three internal members voted for no change – including the Governor, with her casting vote – and the three external members voted for a 25bp hike. The RBNZ’s revised OCR forecast signals three 25bp OCR increases in 2026 and a further modest lift in […]
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Markets US and UK markets reopened yesterday after long weekend, allowing room for some repositioning to Monday’s bond and stock rally on enthusiasm on a US-Iran deal. European bond markets underperformed with curves bear steepening Read more…
In focus today Today is quiet in terms of data releases. Focus remains on developments between the US and Iran and implications on markets. Economic and market news What happened overnight In New Zealand, the Read more…
AST SpaceMobile (ASTS) added nearly $10 billion in market value with the stock up over 17% on May 26. The jump came as space stocks soared following SpaceX’s public IPO filing, which could reportedly value Read more…