JMI Wealth Market Update

Welcome to Tuesday morning where Andrew Kelleher discusses the upcoming release of the Quarterly Survey of Business Opinion (QSBO), and the potential for these results to feed into the RBNZ’s Monetary Policy review next week. Next, he heads across the Tasman to look at the RBA’s cash rate outlook and SkyCity Adelaide’s independent review. Then onto market figures. For more market insights and for...

Welcome to Friday morning where Andrew Kelleher reviews the numbers from yesterday’s release of the ANZ Business Outlook and reports that business confidence is indeed low. Next, he welcomes in the second half of the year with a glass half full approach as he comments on the 2022 first half figures being the worst we’ve seen since 1970. Then onto market figures for today. For more market insights...

In today’s market update Andrew Kelleher reviews the figures from the Westpac McDermott Miller Regional Economic Confidence Survey commenting on a 31pt fall for Tāmaki Makaurau / Auckland. Next, he points out an interesting move by all major banks following the RBNZ’s lending caps before moving onto market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.n...

Good morning and welcome to Wednesday as Andrew Kelleher talks about local employment figures and the recent bounce back into positive territory after two months of decline. Next, he discusses Australian and US consumer confidence before moving onto market figures for today. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

In this morning’s market update Andrew Kelleher discusses yesterday’s big rally on the NZ share market following its 1.7% gain. Next, he comments on Russia’s official default on foreign currency bonds as the 30-day grace period comes to an end. Then onto market figures for today. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

In this morning’s market update Andrew Kelleher discusses Fletcher Building’s recent report and comments on the company addressing the greater supply issue almost 3 to 4 years ago. Next, he touches on mortgage rates jumping higher again with BNZ increasing almost half a percent, before moving onto market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

Cheddar has tanked as this morning Andrew Kelleher discusses the drop-in figures following last night’s Global Dairy Trade auction. Next, he takes a look at the data from the recent consumer confidence survey, commenting on these figures being the lowest level on record since 1988. Then onto market figures for today. For more market insights and for our terms and conditions, visit www.jmiwealth.co...

Andrew Kelleher kicks off the shortest day of the year with some good news, as he reviews the PMI and PSI numbers from the BNZ BusinessNZ Performance surveys. Next, he discusses the irony of the European energy crisis before moving onto market figures for today. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

As we look forward to the weekend, Andrew Kelleher discusses recent GDP numbers in NZ, a first quarter fall of 0.2%, which was lower than expectations, spearheaded by a flat services sector. He then discusses strong employment in Australia before moving onto market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

Welcome to Thursday morning as Andrew Kelleher discusses the recent FED rate hike and comments on the market breathing a slight sigh of relief, as the results fall in line with predictions. He then moves on to talk about the REINZ’s recent stats on the nation's housing market, noting that Auckland is leading the charge for bringing down national averages. Then onto market figures. For more market...

No shortage of news this morning as Andrew Kelleher delves into the current turmoil in markets, as the NZ50 has officially entered the territory of a potential “Bear Market”. He then discusses a much more personally felt impact of food price inflation before finishing off with numbers. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

Welcome to Tuesday morning where Andrew Kelleher delves into April’s numbers on Net Migration, and how the real figures are yet to be experienced as we start to see evidence of the Brain Drain. He then brings the latest on a tough few days in the markets before moving onto figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

Leading you into this weekend is Andrew Kelleher as he discusses the outlook for interest rates, noting that wholesale rates have already priced in an increase. He then moves on to talk about the recent amendment to the Credit Contracts Consumer Finance Act (CCCFA) before moving onto market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

Welcome to Thursday morning as Andrew Kelleher discusses the recent activity in Fonterra’s share price following their $50m buy-back announcement. He then delves into the question of how many building consents actually translate into building activity? Before finishing off with market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

Listen in this morning as Andrew Kelleher delves into the Global Dairy Trade Auction results overnight, noting lockdowns in China and shortages of infant milk powder in the US affecting demand. He then discusses the recent hike by the RBA to 0.85%, the largest move in 22 years before moving onto market figures. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

Andrew Kelleher kicks off Tuesday morning by discussing US employment rates and comments on the 390,000 jobs added last month being the smallest gain in over a year. Next, he touches on the RBA’s upcoming OCR announcement and what a 25 or 40 basis point lift could do to the market. Then onto market figures for today. For more market insights and for our terms and conditions, visit www.jmiwealth.co...

Welcome to Friday morning where Andrew Kelleher dials in from Sydney Australia and comments on the lively city being unlike New Zealand, who is living in the shadow of the pandemic. Next, he reviews the numbers from yesterday’s Terms of Trade report and focuses on volumes being down and below market expectation. Then onto market figures for today. For more market insights and for our terms and con...

Andrew Kelleher kicks off Wednesday morning with the review of building consent figures and considers if the wheels are starting to wobble? Next, he discusses business confidence numbers being the lowest we’ve seen since the Covid outbreak, before moving onto market figures for today. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

In today’s market update Andrew Kelleher talks dairy as he discusses why the last 24 hours have been focused on both Fonterra’s performance and share price value. Next , he touches on the infant formula crisis in the US and Joe Biden’s role in this situation before moving onto market figures for today. For more market insights and for our terms and conditions, visit  www.jmiwealth.co.nz

Welcome to Monday morning where Andrew Kelleher reviews the figures from the FRB’s Friday release of the Personal Consumption Expenditures Index. Next, he comments on ANZ’s recent Roy Morgan Consumer Confidence measure and how this data pairs with their Business Confidence Survey to give a good indication on growth and GDP. Then onto market figures for today. For more market insights and for our t...

Andrew Kelleher kicks off Friday morning with good news for local farmers as the outlook for global demand of dairy products looks strong after yesterday’s release of Fonterra’s 3rd Quarter Business Update. Next, he looks at Mainfreight’s recent results and comments on the 72% portion of profits coming from global business. Then onto market figures for today. For more market insights and for our t...

Welcome to Thursday morning where Andrew Kelleher dissects the recent Monetary Policy announcement and confirms his prediction of a 50-basis point move. He notes that stabilisation is the priority as the Reserve Bank looks to pull all the levers available to them to get inflation expectations under control. Then onto market figures for today. For more market insights and for our terms and conditio...

In today’s market update Andrew Kelleher discusses the upcoming Monetary Policy announcement and weighs in on the likely increase of the official cash rate. Next, he touches on yesterday’s release of quarter 1 retail trade activity figures being below expectations before moving onto market figures for the day. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

Andrew Kelleher is back with Mike Hosking to discuss yesterday’s release of Tourism Holding’s Market Guidance report, as well as AFT Pharmaceutical’s earnings report. Next, he comments on the government’s forecast on Crown expenses almost doubling by 2026 before moving onto market figures for today. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz

Welcome to Friday morning where Andrew Kelleher reviews data from the ANZ Business Outlook and comments on there being a glimmer of hope for local businesses. Next, he discusses earning season results from Meta before moving onto market figures for today. For more market insights and for our terms and conditions, visit www.jmiwealth.co.nz