Asia Economics Update New Zealand recovery off to a slow start Today’s Q3 GDP data show that New Zealand’s recovery is continuing, albeit at a weaker pace than expected. We still expect a sustained and eventually strong upswing. However, the markets have moved... 23rd December 2009 · 1 min read
Asia Economics Update New Zealand signals earlier rate hikes The Reserve Bank of New Zealand (RBNZ), as expected, left its cash rate at 2.5%. But it brought forward the first projected hike to mid-2010 after steadfastly insisting up to now that rates would... 10th December 2009 · 1 min read
Asia Economics Focus New Zealand facing a long hard slog New Zealand’s economy is likely to struggle over the medium term after an initial strong bounce next year. We see its GDP growth being closer to the long drawn out recoveries we expect in the US and... 10th November 2009 · 1 min read
Asia Economics Update RBNZ in no rush to hike The Reserve Bank of New Zealand (RBNZ), as expected, left its cash rate unchanged at 2.5%. More surprisingly, the RBNZ also remained committed to keeping rates low into the second half of 2010, an... 29th October 2009 · 1 min read
Asia Economics Update New Zealand's upswing will likely disappoint Today’s data show New Zealand left recession behind in Q2 2009, when GDP climbed in q/q terms for the first time since Q4 2007. Sustained recovery should be expected but the upswing will probably be... 23rd September 2009 · 1 min read
Asia Economics Update RBNZ on prolonged hold The Reserve Bank of New Zealand (RBNZ) left its policy rate unchanged at 2.5% today, as expected. The RBNZ appears to share our view that the durability of the GDP upswing, after an improvement over... 10th September 2009 · 1 min read
