Daily-Wrap

New Zealand shares were trading slightly lower at the market open on8 September 2026, extending the cautious tone seen in the previous session. The NZX 50 had closed0.22% lower at 13,942.83 on 7 September, after trading between 13,890.69 and 13,976.97. Early weakness on Tuesday …

Macro Update: As per Stats NZ, New Zealand recorded 40,908 new dwelling consents in the year ended July 2026, representing a 21% increase compared with the previous year. This was an increase of more than 7,000 homes from the 33,879 dwellings consented in the …

Macro Update: TheMonetary PolicyCommittee agreed to raise theOfficial Cash Rate (OCR)by 25 basis points to 2.75%.Inflationincreased to 4.1% in the June quarter, driven by higher fuel prices resulting from the conflict in the Middle East.

Macro Update: As per FEU dated 20 August 2026, the energy price shock also affected economic data across Asia, with Japan’s June quarter GDP growth coming in below expectations. Japan’s economy expanded at an annualised rate of 1.1% in the April–June period, disappointing expectations …

Macro Update: As per FEU dated 20 August 2026, China’s economic activity remained subdued in July, with weaker consumer spending, fixed assetInvestmentand industrial production weighing on overall momentum. The slowdown was partly attributed to adverse weather conditions and reduced activity in petroleum-related industries, highlighting …

Macro Update: As per FEU dated 20 August 2026, a seasonally adjusted net 1,610 people migrated to New Zealand in June, compared with 2,050 in May. Net migration reached 5,570 people over the June quarter. Annual inflows of non-New Zealand citizens have returned close …

Macro Update: As per FEU dated 20 August 2026, the economy continues to face mixed conditions, with some sectors showing resilience while others remain under pressure. Regional activity has remained relatively steady as easingInflationexpectations and lower fuel prices provide some support. However, businesses remain …