JMI Wealth Market Update

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 then delves into the latest producer price index figures from Stats NZ, focusing on quarterly changes and the key contributing factors. Then, onto market figures. For more market insights and our terms and conditions, visit w...

JMI Wealth Director Andrew Kelleher wraps up the week by examining the latest Selected Price Index figures for the month of October, noting key changes in food prices and rental costs. He also discusses the REINZ report for October, which uncovered mixed results for the housing market. 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 migration data from Stats NZ, highlighting new records for Kiwi departures. He then shifts focus to Australia, noting that wage growth has fallen short of expectations and explores implications for a potential interest rate cut before Christmas. Then, onto market figures. For more market insights and our terms and conditions, visit www.jmiweal...

JMI Wealth Director Andrew Kelleher reviews Stats NZ's electronic card transaction data for October, offering an update on consumer spending trends. He then provides a brief overview of ready-mixed concrete statistics, which serve as an indicator of construction activity. He also briefly covers ANZ's Truckometer, highlighting recent changes in both the Light and Heavy Traffic Indexes. Then, onto m...

JMI Wealth Director Andrew Kelleher discusses Fonterra’s increase in farmgate milk prices and outlines the company’s plan to sell its consumer division. Additionally, he reviews inflation expectations following the Reserve Bank of New Zealand’s Survey of Expectations and considers what this could mean for a potential interest rate cut. Then, onto market figures. For more market insights and our te...

JMI Wealth Director Andrew Kelleher discusses the market response to the US election results, noting both New Zealand and global reactions. Additionally, he provides insights into today's Federal Reserve meeting and what it could signal for an upcoming rate cut. Then, onto market figures. For more market insights and our terms and conditions, visit www.jmiwealth.co.nz

JMI Wealth Director Andrew Kelleher provides an overview on how financial markets have reacted to the results of the US election. He then discusses the latest labour market data from Stats NZ, highlighting better-than-expected results and the potential implications for interest rate cuts. 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 Financial Stability Report, set to be released by the RBNZ, sharing insights on some of the pre-released results. He also comments on the upcoming US elections and the potential impact on financial markets. 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, noting a rise in dairy prices. Additionally, he discusses the Reserve Bank of Australia’s recent decision to keep the official cash rate unchanged. He also examines ANZ’s Merchant and Card Spending report, pointing out that consumer spending remains relatively subdued. Then, onto market figures. For...

JMI Wealth Director Andrew Kelleher reviews the recently released ANZ Business Outlook, which revealed a surge in business confidence, reaching its highest level since 2014. He then discusses the latest data from Microsoft, which reported better-than-expected earnings. He also covers Meta's earnings results and explains why the company's shares fell overnight. Then, onto market figures. For more m...

JMI Wealth Director Andrew Kelleher discusses Google's parent company, Alphabet, and their better-than-expected Q3 earnings results. He also comments on the implications of Australia’s Consumer Price Index (CPI), which came in below market expectations. 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 September employment indicators from Stats NZ, providing insights into the current labour market. He then discusses the rising price of gold and comments on which central bank went on a gold-buying spree. 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 ANZ-Roy Morgan Consumer Confidence survey and discusses the latest change in data. He also comments on the upcoming week in the U.S., where major companies like Microsoft, Meta, and Amazon are set to announce their earnings results. 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 Australian labour market data, noting that strong employment figures may lower expectations for interest rate cuts. He also addresses the US Earnings Season, highlighting key results so far and the effects on share markets. 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 lower-than-expected CPI result released yesterday, while highlighting that inflation pressures are moderating. He also comments on the Assistant Bank Governor's speech, examining the effects of easier monetary conditions and their implications for the RBNZ and mortgage rates. Then, onto market figures. For more market insights and our terms and con...

JMI Wealth Director Andrew Kelleher reviews the latest Fonterra Global Dairy Trade Auction results. He then discusses the REINZ report for September, noting that while the housing market anticipates lower interest rates, house sales declined for a second consecutive month. Next, he briefly comments on ANZ’s Truckometer and the shifts observed in both the Light and Heavy Traffic Index. Then, onto m...

JMI Wealth Director Andrew Kelleher analyses the latest data from BNZ’s BusinessNZ Performance of Services Index, discussing the current conditions within the services sector. Next, he reviews Stats NZ's figures on electronic card transactions, noting that retail spending remains under pressure and how September fared in comparison to previous months. Then, onto market figures. For more market ins...

JMI Wealth Director Andrew Kelleher talks about the recently released government finance figures, highlighting that while lower interest rates have been positively received, the budget deficit is worse than anticipated. He also offers a brief commentary on the US markets. 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 decision by the Reserve Bank of New Zealand to cut the official cash rate, highlighting its implications for the country and the subsequent market reaction. 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 developments in China, following the recent update on their stimulus package and its varying effects on the Chinese markets. He also comments on the Reserve Bank of New Zealand (RBNZ) and speculates on possible changes to the official cash rate (OCR) in today’s review. Then, onto market figures. For more market insights and our terms and conditions...

JMI Wealth Director Andrew Kelleher reviews China's stimulus measures amid speculation that new initiatives may be announced and comments on implications for New Zealand. He also covers nonfarm payrolls and discusses how local markets fared after the blowout US jobs number. 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 Nonfarm Payrolls report for September and what might be expected for US markets. Next, he addresses findings released by the International Monetary Fund (IMF) regarding Australia and how the country could benefit from an overhaul of its tax system. Then, onto market figures. For more market insights and our terms and conditions, visit www.jmiwealth...

JMI Wealth Director Andrew Kelleher discusses the potential rise in oil prices and its implications in light of the heightened conflict in the Middle East. He then shifts his focus to next week’s OCR decision and the shift in perspective among local economists. 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, noting a rise in dairy prices. He also examines the NZIER Quarterly Survey of Business Opinion, discussing the improved business confidence and optimism within the retail sector. Then, onto market figures. For more market insights and our terms and conditions, visit www.jmiwealth.co.nz

JMI Wealth Director Andrew Kelleher highlights the ANZ Business Confidence survey, which has reached its highest level in a decade. He also analyses the slump in the Japanese stock market following the arrival of their new Prime Minister, which stands in sharp contrast to the surge seen in the Chinese share market. Then, onto market figures. For more market insights and our terms and conditions, v...