NZ: It’s all about those curves – ANZ

Analysts at ANZ note that US non-farm payrolls were fairly solid for November. Employment rose 228k and unemployment held steady at 4.1%. Key Quotes “However, average earnings disappointed rising 2.5% y/y (vs expectation 2.7% y/y). In a nutshell, economic and employment momentum remains very solid,


NZ: Adrian Orr to be RBNZ Governor – TDS

According to Annette Beacher, Chief Asia-Pac Macro Strategist at TDS, Adrian Orr as RBNZ Governor is an excellent choice as he is a person considered to be an ‘internal’ candidate given his extensive RBNZ experience, but also has widespread “outside” experience including a decade as


S&P 500: Flying high? – BBH

The S&P had a tough start to the week as carrying over from the previous week the S&P 500 fell for four sessions, its longest losing streak since March, abut still managed to close higher for the third week in a row, notes the research


Oil: Look for higher prices – BBH

Light sweet crude oil for January delivered gained more than 2% over the last two sessions, but closed lower for the second consecutive week, points out the research team at BBH.  Key Quotes “The build in US gasoline stocks warns that some of the oil