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Bank of New Zealand

Report published May 13, 2026

Markets Today: Bank of New Zealand Daily Market Update (14 May 2026)

Bank of New Zealand · May 13, 2026

Global markets are under pressure as high US CPI data and UK political turmoil drive bond yields and the USD higher. Equity markets, particularly tech-heavy indices, have declined in response to rising rates and geopolitical uncertainty.

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Finvaulta summarizes Bank of New Zealand's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.

Key Takeaways

  • 1.US CPI inflation exceeded expectations in April, with headline inflation reaching a three-year high of 3.8% y/y.
  • 2.Global risk sentiment has weakened due to stalling Middle East peace talks, persistent inflation, and falling semiconductor stocks.
  • 3.UK political instability has pushed 10-year Gilt yields to 5.10% and 30-year rates to levels not seen since 1998.

Table of Contents

  • Events Round-Up
  • Good Morning
  • Coming Up
  • Currencies
  • Other FX
  • Equities
  • Commodities
  • Interest Rates
  • Carbon Price
  • Policy Meeting Run
  • NZ BKBM and Swap Yields
  • NZ Inflation-Indexed Bonds
  • Contact Details

Report data

Coming Up

MetricEstimateContext
US Annual Headline Inflation3.8%Three-year high.
Brent Crude Price108.01 USD/barrelHigher for third consecutive day.
UK 30-year Gilt Yield5.81%Level not seen since 1998.
Source: BLS (via context); Bloomberg. This is a dated model snapshot, not a live forecast.

Reports in this series

Markets Today is shown in chronological order through this edition, published on May 14, 2026.

Part of the Markets Today series — view all 21 editions

Looking for the latest edition? BNZ Markets Today 06 October 2026 (Oct 6, 2026)

  1. May 10BNZ-Markets-Today-08-May-2026
  2. May 11BNZ-Markets-Today-11-May-2026
  3. May 13BNZ-Markets-Today-12-May-2026

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