JMI Wealth Market Update

JMI Wealth Director Andrew Kelleher reviews the latest NZIER Quarterly Survey of Business Opinion (QSBO), assessing business confidence and the potential outcomes of today’s interest rate cut meeting. Additionally, he provides an update on global reactions to Trump’s tariffs, with a specific focus on the New Zealand, Australia, and Asia markets. Then, onto market figures. For more market insights...

JMI Wealth Director Andrew Kelleher examines the effects of Trump's tariffs and the staggering repercussions on global financial markets, focusing specifically on New Zealand, Australia, and various Asia markets. Additionally, he draws attention to the developments in the banking sector. Then, onto market figures. For more market insights and our terms and conditions, visit www.jmiwealth.co.nz

JMI Wealth Director Andrew Kelleher examines President Trump's recent tariff announcement, discussing how global financial markets have responded. He also explores the effect of these tariffs in New Zealand, considering both direct and indirect implications. Then, onto market figures. For more market insights and our terms and conditions, visit www.jmiwealth.co.nz

JMI Wealth Director Andrew Kelleher analyses the latest building consent figures for February, pointing out the regional differences across New Zealand. He also discusses the upcoming Trump tariff announcement, raising important questions and highlighting both local and global implications. Then, onto market figures. For more market insights and our terms and conditions, visit www.jmiwealth.co.nz

JMI Wealth Director Andrew Kelleher reviews the latest Fonterra Global Dairy Trade Auction results. Additionally, he covers the Reserve Bank of Australia’s latest announcement regarding interest rate cuts and the outlook for the country. Then, onto market figures. For more market insights and our terms and conditions, visit www.jmiwealth.co.nz

JMI Wealth Director Andrew Kelleher discusses the ANZ Business Outlook for March, observing a drop in Business Confidence while also drawing attention to positive signals of economic recovery. Additionally, he addresses the Reserve Bank of New Zealand’s recent move to review bank capital requirements amid mounting political pressure. Then, onto market figures. For more market insights and our term...

JMI Wealth Director Andrew Kelleher provides an update on Trump's tariffs, highlighting that the latest measures will impact the automotive industry and countries worldwide. Additionally, he offers a brief comment on the state of the US GDP. Then, onto market figures. For more market insights and our terms and conditions, visit www.jmiwealth.co.nz

JMI Wealth Director Andrew Kelleher examines the latest earning results from Kathmandu owner KMD Brands, highlighting their performance amid a challenging economic landscape. He also analyses the February Consumer Price Index for Australia, pointing out that inflation is trailing behind that of New Zealand. Then, onto market figures. For more market insights and our terms and conditions, visit www...

JMI Wealth Director Andrew Kelleher reviews the recently released BNZ/Seek Employment Report, providing an analysis of the current state of the employment market. He also discusses the latest findings from the Westpac McDermott Miller Employment Confidence Index, shedding light on recent shifts in employment confidence. Then, onto market figures. For more market insights and our terms and conditio...

JMI Wealth Director Andrew Kelleher discusses Synlait Milk’s return to profitability with the release of their half-year results. Additionally, he covers the latest global updates on the manufacturing and services sectors in the US, UK, and Australia. Finally, he addresses the results from electric vehicle giant BYD, which has now overtaken Tesla. Then, onto market figures. For more market insight...

JMI Wealth Director Andrew Kelleher reviews the recently released fourth-quarter GDP results for New Zealand, which exceeded market expectations. He also discusses the US Federal Reserve's decision to keep interest rates unchanged, noting the impact of tariff uncertainty and the market's reaction. Then, onto market figures. For more market insights and our terms and conditions, visit www.j...

JMI Wealth Director Andrew Kelleher reviews the latest Fonterra Global Dairy Trade Auction results. He then discusses BYD’s latest fast charger announcement, assessing its potential impact on the electric vehicle sector and industry competitors. He also covers the latest rural confidence survey by Rabobank, highlighting a third consecutive quarterly shift in sentiment. Then, onto market figures. F...

JMI Wealth Director Andrew Kelleher discusses the current conditions in the services sector following the release of BNZ’s BusinessNZ Performance of Services Index Survey. He also reviews the February REINZ report, highlighting positive trends in the New Zealand property market, including a rise in house sales. Then, onto market figures. For more market insights and our terms and conditions, visit...

JMI Wealth Director Andrew Kelleher provides an update on migration trends, outlining key arrival and departure figures for January. He also offers a brief overview of the latest tourism data for New Zealand. Additionally, he comments on the looming risk of a US government shutdown. Then, onto market figures. For more market insights and our terms and conditions, visit www.jmiwealth.co.nz

JMI Wealth Director Andrew Kelleher reviews Stats NZ’s electronic card transaction data, highlighting the growth in retail spending and compares February’s performance with previous months. He also comments on ANZ’s Truckometer, observing the changes in both the Light and Heavy Traffic Index. He also analyses US inflation, offering insights into the latest CPI data. Then, onto market figures. For...

JMI Wealth Director Andrew Kelleher analyses US trading over the past 24 hours following a significant sell-off, highlighting specific companies within the Magnificent Seven that are underperforming. Additionally, he reviews ANZ’s Merchant and Card Spending report, noting a slight increase in overall spending. Then, onto market figures. For more market insights and our terms and conditions, visit...

JMI Wealth Director Andrew Kelleher discusses Fonterra's positive update regarding its earnings guidance for the 2025 Financial Year and provides further details on the divestment of its Mainland Group. He then addresses the growing calls for increased scrutiny of the Reserve Bank of New Zealand's capital rules following the resignation of Governor Adrian Orr. Then, onto market figures. Fo...

JMI Wealth Director Andrew Kelleher examines the recent Stats NZ report on building activity for the December 2024 quarter, noting that results were weaker than expected. He also explores how escalating Trump tariffs are affecting oil prices and considers the broader global outcome. Then, onto market figures. For more market insights and our terms and conditions, visit www.jmiwealth.co.nz

JMI Wealth Director Andrew Kelleher comments on the unexpected resignation of RBNZ Governor Adrian Orr and discusses the potential implications on the financial market. He then shifts focus to the recently released fourth-quarter GDP results for Australia, noting that the results were in line with market expectations. Then, onto market figures. For more market insights and our terms and conditions...

JMI Wealth Director Andrew Kelleher reviews the latest Fonterra Global Dairy Trade Auction results, noting a fall in dairy prices. He also goes on to address the recent tariffs imposed by President Trump, discussing the impact on the share market and the reaction from Canada, China, and Mexico. Then, onto market figures. For more market insights and our terms and conditions, visit www.jmiwealth.co...

JMI Wealth Director Andrew Kelleher discusses the upcoming Tariff Week, where President Trump is set to impose significant tariffs. He then covers the Terms of Trade data released by Stats NZ for the December 2024 quarter, noting a shift in export and import prices. He also reviews The Warehouse Group's preliminary first-half results and how current economic conditions have influenced their pe...

JMI Wealth Director Andrew Kelleher reviews Nvidia's latest earnings results and explores the market's reaction. He also discusses the ANZ Business Outlook survey, which sheds light on business confidence and own activity for 2025. Additionally, he comments on Restaurant Brands' results, highlighting analyst expectations and the market's response. Then, onto market figures. For mor...

JMI Wealth Director Andrew Kelleher discusses the NZX’s recovery after six consecutive days of losses and highlights the positive performance from Scales Corporation. He also covers Nvidia’s upcoming results and emphasises their importance in shaping the outlook for the other Magnificent Seven companies. Then, onto market figures. For more market insights and our terms and conditions, visit www.jm...

JMI Wealth Director Andrew Kelleher discusses the NZX, offering insights into the performance so far in 2025, while highlighting the tough business conditions of 2024. He then shifts focus to Tourism Holdings Limited (THL), where he reviews their interim results and discusses the potential impact of Trump's tariffs on the company. Then, onto market figures. For more market insights and our ter...