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FinanceAM
The US dollar’s recent decline accelerated on the eve of the Fed’s interest rate decision. Short maturity bond yields fell slightly, despite firmer US retail sales data.
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Westpac Strategy Antipodean Daily Wrap
The Hunter and the Hunted.
- NZD FX Weekly
A weekly update on the market for NZD crosses, including outlooks.
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ACCI-Westpac Business Survey Q3 2025
Conditions in Australia’s manufacturing sector deteriorated moving into the second half of the year, with the Actual Composite slipping from an expansionary read of 51.5 in Q2 to a contractionary read of 48.8 in Q3.
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First impressions: NZ Selected Prices, August 2025
August’s update on consumer prices was on the soft side, mainly due to falls in travel costs. We continue to expect that overall inflation is heading back to 3% before the end of this year.
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First Impressions: REINZ house sales and prices, August 2025
August was a subdued month for the New Zealand housing market, with prices flat and sales edging lower.
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Around the Grounds
Today’s note includes comments on Sydney Airport, ANZ, AFG, Liberty, Allied Credit, BC Invest, AMP, Wave Money and the Credit Fans.
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FinanceAM
Bond yields and the US dollar fell as markets awaited the Fed’s interest rate decision later this week. A New York manufacturing survey was softer than expected.
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Aussie impresses in the mid-0.66s
AUD finally broke its shackles over the last week, showcasing more emphatic and satisfying forward momentum. For the longest of time upside progress has been tough sledding. Global markets likely remain contained in the early part of this week, awaiting the outcome of a pivotal FOMC. The domestic calendar is headlined by August jobs.
September 15 2025
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