Finance AM

Westpac Bank

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This is your daily morning briefing. With commentary and analysis from Westpac's Institutional Research team, Finance AM brings you insights on today's business news, the markets, FX and more. In one short bulletin, you'll get the heads up on what will drive markets in the day ahead.

Any information provided in this podcast series is general in nature and has been prepared without taking into account any personal circumstances.

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1094 episodes

020424

Bond yields and the US dollar are higher, following stronger US manufacturing data. Equities are slightly lower.

2m
Apr 01, 2024
280324

Bond yields are slightly lower, following the Swedish central bank’s dovish hold, and dovish ECB comments. The US dollar is little changed.

3m
Mar 27, 2024
260324

US bond yields rose and the US dollar fell slightly, amid little major news and mixed Fedspeak.

3m
Mar 25, 2024
240324

US bond yields fell slightly, while the US dollar rose, as markets digested the previous week’s signals from major central banks.

2m
Mar 24, 2024
220324

US bond yields and the US dollar rebounded, helped by firm economic data. The Bank of England remained on hold, but the Swiss central bank delivered a surprise cut.

4m
Mar 21, 2024
210324

The initial response to the Fed statement, which kept the policy rate projection for year-end unchanged, was a slight fall in the US dollar and shorter bond yields, and a rise in equity indices. These reactions were extended during Fed Chair Powell’s press conference.

4m
Mar 20, 2024
200324

Bond yields fell slightly on the eve of the eagerly awaited Fed decision, helped by softer Canadian inflation data.

3m
Mar 19, 2024
190324

Bond yields and the US dollar rose slightly further, as markets prepared for this week’s major central bank decisions.

3m
Mar 18, 2024
170324

Bond yields and the US dollar rose further, markets poised for a hawkish Fed outcome this week.

4m
Mar 17, 2024
150324

Bond yields and the US dollar rose, and equities fell, following firmer US PPI inflation data.

3m
Mar 14, 2024
140324

Bond yields rose slightly, but the US dollar fell. Markets are wary of the Fed decision next week, given recent stickiness in CPI inflation data.

2m
Mar 13, 2024
120324

Bond yields rose slightly, but currencies and equities were contained the day before key US inflation data.

2m
Mar 11, 2024
110324

Markets were volatile around a mixed US payrolls update, with equities lower but currencies and bond yields closing little changed.

3m
Mar 10, 2024
080324

The US dollar fell and equities rose following the ECB statement and Fed chair Powell’s second testimony. Short maturity bond yields are lower.

3m
Mar 07, 2024
070324

Bond yields and the US dollar fell and equities rose amid a confluence of events. Fed Chair Powell reiterated that the policy rate would eventually be lowered, ADP and JOLTS jobs data was near expectations, and US regional bank Bancorp sought a cash infusion.

4m
Mar 06, 2024
050324

Currencies and US equities are little changed, while bond yields are slightly higher. There was little major news for markets.

2m
Mar 04, 2024
040324

Bond yields and the US dollar fell after softer US consumer confidence and manufacturing data. The S&P500 made a fresh record high, rising 0.8%.

4m
Mar 03, 2024
290224

The US dollar is slightly higher, the NZD and AUD extending yesterday’s declines. Short maturity bond yields are slightly lower.

3m
Feb 28, 2024
280224

There was little net movement in bond yields, currencies or US equities overnight, and little news of note.

2m
Feb 27, 2024
270224

Bond yields rose ahead of large US treasury auctions, while the US dollar was little changed amid little major news.

2m
Feb 26, 2024
260224

Bond yields fell but the US dollar and equities closed little changed. There was little major news for markets to digest.

3m
Feb 25, 2024
230224

The US dollar is little changed amid stronger equities’ sentiment and solid economic data. The S&P500 rose 2.2% to a fresh record high in the wake of Nvidia’s earnings result. Bond yields rose following solid global PMI data.

4m
Feb 22, 2024
220224

US bond yields rose ahead of a poorly subscribed 20yr treasury auction and the FOMC minutes. The US dollar is little changed, while equities are slightly lower.

4m
Feb 21, 2024
210224

Bond yields fell amid dovish BoE comments, softer EZ wage data, and softer Canadian inflation data. The US dollar and US equities also fell.

4m
Feb 20, 2024
200224

Markets were mostly contained during the US holiday, with implied bond yields rising slightly, and the US dollar little changed.

2m
Feb 19, 2024
190224

Bond yields rose following stronger than expected US producer price inflation data, hurting equities (S&P500 -0.5%), while the US dollar saw little net change.

2m
Feb 18, 2024
160224

The US dollar fell following softer US retail sales and industrial production data. The S&P500 is up 0.5%.

4m
Feb 15, 2024
150224

Bond yields fell following some dovish Fedspeak, PPI revisions, and softer UK CPI data. The S&P500 is up 0.3%,and the US dollar is slightly lower

5m
Feb 14, 2024
140224

US inflation data was stronger than expected, causing bond yields and the US dollar to rise sharply. The S&P500 is down 1.3%.

3m
Feb 13, 2024
130224

US equities remained upbeat, the S&P500 up 0.4% to a fresh record high. The US dollar and bond yields are marginally lower. There was little news of note.

3m
Feb 12, 2024