JMI Wealth Market Update

What will it be? 25? 50? We can only speculate as Andrew Kelleher talks to Mike Hosking on the upcoming Monetary Policy review set to release later today. Next, he touches on the post Cyclone Gabrielle situation for Delegates Group and Comvita before moving onto today’s market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

It’s an ongoing process for Ryman Healthcare as they are in the midst of a significant capital raise, Andrew Kelleher discusses Ryman’s completion of the institutional component and what this means for their investors. Next, he unpacks the situation for Scales Corporation before touching on the US PCE due later this week. For more market insights and for our terms and conditions, visit www.jmiweal...

It’s been a week since Cyclone Gabrielle and three since the Auckland floods, this morning Andrew Kelleher wonders are we starting to count the cost and will we ever know the full cost? Next, he discusses inflation across various sectors and touches on infrastructure in New Zealand already operating at full capacity. Then onto market figures for today. For more market insights and for our terms an...

In this morning’s market update Andrew Kelleher talks migration numbers as he comments on a positive trend over the last four months. Next, he touches on the Crown's accounts before moving onto market figures for today. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

We are in the midst of reporting season here in NZ as Andrew Kelleher talks to Mike Hosking about Ryman Healthcare and the concerns around their level of debt. Next, he discusses the tourism sector and comments on Tourism Holdings recent merge with company Apollo Tourism & Leisure. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

We have hit the trifecta of data this morning as Andrew Kelleher unpacks the figures from the recent food and rental price reports as well as the RBNZ Survey of Expectations. He comments on the double figure raise in food prices and poses the question will the Auckland floods and cyclone Gabrielle fundamentally change the way people view property? Then onto the latest market figures. For more mark...

This morning Andrew Kelleher shares his thoughts on Mainfreight’s recent market update as well as the index figures from the ANZ Truckometer survey. Then onto market numbers. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

This morning Andrew Kelleher unpacks the details from FED Chair Jerome Powell’s speech and connects the dots and details from Powell’s August 2022 speech. Next, he discusses the minimum wage lift and poses the questions what will this do to inflationary expectations? What is the mechanism for reigning it in? For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

It’s a farmer’s morning as Andrew Kelleher reviews the outcome of last night’s Global Dairy Trade auction, commenting on the 3.2% rise being the first rise after 3 auctions of a falling index. Next, he takes a look at the Federated Farmers survey and unpacks the reported lowest level of confidence seen since the survey began in 2009. Then onto market figures. For more market insights and for our t...

Welcome back from the long weekend, Andrew Kelleher delves into the monthly Nonfarm Payroll figures, and comments on them exceeding expectations with 517,000 jobs created in January. Next, he touches on the current situation with NZ interest rates before moving onto the latest market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

This morning Andrew Kelleher reviews the FED’s 25 basis points announcement and comments on the Bank of England’s 50 basis point move possibly indicating that the fastest pace of interest rate hikes in 3 decades, might be drawing to a close. Next, he touches on building consent figures and the impact of Auckland’s floods before moving onto market figures. For more market insights and for our terms...

A morning of local and global data as Andrew Kelleher reviews the figures from yesterday’s release of NZ labour data from the fourth quarter of 2022. Next, he goes global to discuss China’s private sector PMI outcome and to the US in anticipation of the FED decision later today. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

Have we got a good story to tell? Andrew Kelleher comments on the strong start to the year for offshore markets with the NZ market up 4% itself. Next, he discusses how China has been bouncing back from their code restrictions with data from the Official Purchasing Managers Index showing a swing back into economic growth, with their January figure at 50.1. For more market insights and for our terms...

It’s all about the big wet this morning as Andrew Kelleher discusses the potential economic impacts following Auckland’s weather event. He then takes a look at the rise in insurance claims for companies Tower and IAG before moving onto today’s market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

Andrew Kelleher welcomes in the New Year discussing the hot topic of the cost of living. He looks at the influence of food prices and inflationary expectations before diving into the latest figures from New Zealand’s services sector. He comments on the nation doing well when compared globally before moving onto market figures. For more market insights and for our terms and conditions, visit www.jm...

There is no Christmas cheer for homeowners this year, but if there is a silver lining it’s that buyers have more inventory to choose from. Then, Andrew Kelleher discusses the latest food price index data, which is up 10.7% for November. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

This morning Andrew Kelleher is discussing the latest net migration and visitor arrivals data. Commenting that we are seeing a net loss of New Zealand citizens but net gain of non-New Zealand citizens. Then, why is the price of gas not going down? For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

It’s the last radio segment for the year and Andrew Kelleher is discussing the latest earnings upgrade party before sharing his thoughts on the year to come. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

We said see you later to the Funding for Lending Programme that should have been long gone. Then, Andrew Kelleher discusses Australia’s third quarter GDP numbers, with a soft landing looking likely. Lastly, is there cause for concern from China’s import/export numbers? For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

Steady as she goes is the sentiment for the Global Dairy Trade figures overnight. Then, Andrew Kelleher looks across the Tasman at the RBA being resolute in their determination to target inflation with a 25-basis point rise. Lastly, there were some surprising numbers for building work volume. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

Commodity prices, which have been holding us up, have now been hit. Barfoot and Thompson have released November sale numbers and they are down 41%, the lowest for November since 2010. What does all this mean for a looming recession? For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

After a winter of discontent will our summer now be made glorious? A question Andrew Kelleher ponders as he discusses the key points from Jerome Powell’s speech. He ends the week on a positive note commenting on two consecutive months of share market gains before moving onto market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

A gloom has descended on the data this morning as Andrew Kelleher reviews the figures from the ANZ Business Outlook Survey and Building Consents report released yesterday. He unpacks the decline in both reports and focuses in on residential construction. Then onto market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

New Zealand’s reporting season continues as Andrew Kelleher dissects the figures from Fisher and Paykel Healthcare’s half year results released yesterday. Next, he takes a look at the FED’s movements and how central bank resolve could play out before moving onto the latest market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

Locally Andrew Kelleher takes a look at the half year results from Kiwi Property Group, New Zealand’s largest diversified property company on the NZX. Globally he discusses the highly unusual protests going on in China and what this means for energy, demand and oil before moving onto today’s market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz