The below report consists of a market overview and insight into the equities, futures and derivatives markets, and FX speculative and deliverable markets.
*1ST January NZD 0.6730, hit 0.5460 now 59cts and NZ 10yr 1.67% low 0.86% now 1.11%
– US Treasuries 10yr 1.90% to 0.31%, now 0.68%, whilst US Equities finish the quarter down 20%,
* Kiwi succumbs to stronger USD and wilts below 60cts
– sees crosses lower across the board with NZDAUD hovering around 97cts
* VIX falls to 3-week lows at 50, US Treasuries 10yr -7bps/0.68% and Equities modestly lower overnight