About
David Chaston is the publisher of interest.co.nz and is commited to ensuring readers get the latest information on interest rates, and the forces that move them.
David Chaston
Latest articles
Benchmark yields ease on Fed's inflation fighting commitment; US data soft; Canada PPI high; Singapore exports shine; eyes on Bank of Japan; freight rates hold high; UST 10yr at 4.94%; gold rises, oil holds; NZ$1 = 57.3 USc; TWI-5 = 60.8
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Benchmark yields ease on Fed's inflation fighting commitment; US data soft; Canada PPI high; Singapore exports shine; eyes on Bank of Japan; freight rates hold high; UST 10yr at 4.94%; gold rises, oil holds; NZ$1 = 57.3 USc; TWI-5 = 60.8
A review of things you need to know before you sign off on Thursday; ASB raises some TD rates, minor economy growth, fewer homeowners trading up, reaction to the Fed's hike, Aussie population, swaps hold, NZX firm, NZD retreats, & more
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A review of things you need to know before you sign off on Thursday; ASB raises some TD rates, minor economy growth, fewer homeowners trading up, reaction to the Fed's hike, Aussie population, swaps hold, NZX firm, NZD retreats, & more
ASB raises some term deposit rates. We update our review of all Depositor Compensation Scheme-covered term deposit rates to assess how valuable ASB's move is
1
ASB raises some term deposit rates. We update our review of all Depositor Compensation Scheme-covered term deposit rates to assess how valuable ASB's move is
Fed delivers the expected rise and sets course for another; markets turn negative; US data weighed by rates & sentiment; EU industrial production soft; UST 10yr at 5.01%; gold falls, oil holds as war flares & Saudi scrambles; NZ$1 = 57.6 USc; TWI-5 = 61
28
Fed delivers the expected rise and sets course for another; markets turn negative; US data weighed by rates & sentiment; EU industrial production soft; UST 10yr at 5.01%; gold falls, oil holds as war flares & Saudi scrambles; NZ$1 = 57.6 USc; TWI-5 = 61
A review of things you need to know before you sign off on Wednesday; consumers less downbeat, dairy prices hold, current account deficit shrinks, Silk quits, NZ Super stars again, India FTA voted up, swaps ease, NZX rises, NZD falls, & more
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A review of things you need to know before you sign off on Wednesday; consumers less downbeat, dairy prices hold, current account deficit shrinks, Silk quits, NZ Super stars again, India FTA voted up, swaps ease, NZX rises, NZD falls, & more
Fresh burst of supply-chain inflation; weak demand for US Treasury bonds; China house price falls ease; China retail weak, industrial production questionable; UST 10yr at 5.01%; gold dips, oil rises as Hormuz closes; NZ$1 = 57.6 USc; TWI-5 = 61
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Fresh burst of supply-chain inflation; weak demand for US Treasury bonds; China house price falls ease; China retail weak, industrial production questionable; UST 10yr at 5.01%; gold dips, oil rises as Hormuz closes; NZ$1 = 57.6 USc; TWI-5 = 61
A review of things you need to know before you sign off on Tuesday; TSB cuts its 1yr home loan rate, REINZ sales step lower, retail activity drops, commercial property for lease at high levels, big covered bond issues, swaps up, NZD drops, & more
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A review of things you need to know before you sign off on Tuesday; TSB cuts its 1yr home loan rate, REINZ sales step lower, retail activity drops, commercial property for lease at high levels, big covered bond issues, swaps up, NZD drops, & more
Hormuz situation worse; eyes on how key central banks stand up to inflation's rise; Canada and India report CPI; China reveals low bank loan growth again; UST 10yr at 4.96%; gold dips, oil rises; NZ$1 = 57.8 USc; TWI-5 = 61.2
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Hormuz situation worse; eyes on how key central banks stand up to inflation's rise; Canada and India report CPI; China reveals low bank loan growth again; UST 10yr at 4.96%; gold dips, oil rises; NZ$1 = 57.8 USc; TWI-5 = 61.2
A review of things you need to know before you sign off on Monday; only minor TD rate changes again, service sector stunted, migration up from lows, tourism nears full recovery, farmer profitability strong, swaps flat, NZX down, NZD lower & more
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A review of things you need to know before you sign off on Monday; only minor TD rate changes again, service sector stunted, migration up from lows, tourism nears full recovery, farmer profitability strong, swaps flat, NZX down, NZD lower & more
Despite encouragement from the Reserve Bank, most banks are not incentivising retail deposit growth as they look for ways to deal with margin compression that has become chronic
3
Despite encouragement from the Reserve Bank, most banks are not incentivising retail deposit growth as they look for ways to deal with margin compression that has become chronic
US Fed rate decision headlines the week; Japan too; Japanese PPI very high; US CPI lacks cred; US consumer sentiment drops again; UST 10yr at 4.98%; gold holds, oil eases on talks hopes & lower demand; NZ$1 = 58.1 USc; TWI-5 = 61.4
11
US Fed rate decision headlines the week; Japan too; Japanese PPI very high; US CPI lacks cred; US consumer sentiment drops again; UST 10yr at 4.98%; gold holds, oil eases on talks hopes & lower demand; NZ$1 = 58.1 USc; TWI-5 = 61.4
US inflation reported as unchanged but other US metrics tell a rising story; Japanese PPI stays very high; copper eases; UST 10yr at 4.98%; gold holds, oil eases but Yemen gets more risky; NZ$1 = 58.1 USc; TWI-5 = 61.4
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US inflation reported as unchanged but other US metrics tell a rising story; Japanese PPI stays very high; copper eases; UST 10yr at 4.98%; gold holds, oil eases but Yemen gets more risky; NZ$1 = 58.1 USc; TWI-5 = 61.4
A review of things you need to know before you sign off on Friday; no retail rate changes but big wholesale increases, truckometer declines, factory PMI stays positive, wool prices lift, Japanese PPI jumps, swaps jump, NZD lower, & more
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A review of things you need to know before you sign off on Friday; no retail rate changes but big wholesale increases, truckometer declines, factory PMI stays positive, wool prices lift, Japanese PPI jumps, swaps jump, NZD lower, & more
Wholesale interest rates are moving sharply higher, suggesting fixed home loan rates are likely to be pressed higher soon
Wholesale interest rates are moving sharply higher, suggesting fixed home loan rates are likely to be pressed higher soon
Oil prices & bond yields jump; US PPI rises further; US inventories rise; Trump splashes the cash; ECB hikes; Aussie inflation expectations rise; UST 10yr at 4.96%; gold lower and oil jumps; NZ$1 = 58 USc; TWI-5 = 61.3
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Oil prices & bond yields jump; US PPI rises further; US inventories rise; Trump splashes the cash; ECB hikes; Aussie inflation expectations rise; UST 10yr at 4.96%; gold lower and oil jumps; NZ$1 = 58 USc; TWI-5 = 61.3
[updated]
A review of things you need to know before you sign off on Thursday; capital gains a distant memory, KiwiSaver average above $45,000, three straight qtrs above 90% renewables, Aussie inflation struggles, swaps rise, NZX lower, NZD stable, & more
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A review of things you need to know before you sign off on Thursday; capital gains a distant memory, KiwiSaver average above $45,000, three straight qtrs above 90% renewables, Aussie inflation struggles, swaps rise, NZX lower, NZD stable, & more
US data weakens on major policy missteps; Japan data strong; Taiwan exports impress again; China inflation rises especially PPI; UST 10yr at 4.84%; gold firm and oil jumps; NZ$1 = 58.4 USc; NZD falls to 13 year low against the AUD; TWI-5 = 61.6
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US data weakens on major policy missteps; Japan data strong; Taiwan exports impress again; China inflation rises especially PPI; UST 10yr at 4.84%; gold firm and oil jumps; NZ$1 = 58.4 USc; NZD falls to 13 year low against the AUD; TWI-5 = 61.6
A review of things you need to know before you sign off on Wednesday; dairy prices dip, lighter hospo regulation coming, new option for rich immigrants, copper price hits record high, swaps stable, NZX dips, NZD soft, & more
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A review of things you need to know before you sign off on Wednesday; dairy prices dip, lighter hospo regulation coming, new option for rich immigrants, copper price hits record high, swaps stable, NZX dips, NZD soft, & more
US inflation expectations stay high, fear of job loss higher; China posts huge trade surplus; Germany posts surplus too; Australian inflation in focus; UST 10yr at 4.81%; gold dips and oil stays high; NZ$1 = 58.6 USc; TWI-5 = 61.8
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US inflation expectations stay high, fear of job loss higher; China posts huge trade surplus; Germany posts surplus too; Australian inflation in focus; UST 10yr at 4.81%; gold dips and oil stays high; NZ$1 = 58.6 USc; TWI-5 = 61.8
A review of things you need to know before you sign off on Tuesday; a poor investment, good industry gains except for profits, flu update, Aussie sentiment declines, tackling Big Tech tax avoidance, swaps stable, NZX lower, NZD holds, & more
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A review of things you need to know before you sign off on Tuesday; a poor investment, good industry gains except for profits, flu update, Aussie sentiment declines, tackling Big Tech tax avoidance, swaps stable, NZX lower, NZD holds, & more
Bank returns are shrinking and that presents each bank, and their shareholders, with some tough choices ahead. But the fierceness of those choices will vary between specific banks
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Bank returns are shrinking and that presents each bank, and their shareholders, with some tough choices ahead. But the fierceness of those choices will vary between specific banks
China reserves rise; Japan leading index rises; Singapore retail soft; Yen surges; EU growth picks up; German bund yields rise; copper hits record high; UST 10yr at 4.80%; gold and oil rise; NZ$1 = 58.8 USc; TWI-5 = 62
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China reserves rise; Japan leading index rises; Singapore retail soft; Yen surges; EU growth picks up; German bund yields rise; copper hits record high; UST 10yr at 4.80%; gold and oil rise; NZ$1 = 58.8 USc; TWI-5 = 62
A review of things you need to know before you sign off on Monday; some catchup rate changes, QV joins the glum club, meth guidance, Todd scores 'co-investment', swaps stable, NZX dips, NZD stable, and more
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A review of things you need to know before you sign off on Monday; some catchup rate changes, QV joins the glum club, meth guidance, Todd scores 'co-investment', swaps stable, NZX dips, NZD stable, and more
Japanese household spending weak; US non-farm payrolls headline strong; Canada payrolls dip; German factory orders jump; Norway moves its gold to safety; global food prices rise; UST 10yr at 4.78%; gold and oil hold; NZ$1 = 58.8 USc; TWI-5 = 62.1
7
Japanese household spending weak; US non-farm payrolls headline strong; Canada payrolls dip; German factory orders jump; Norway moves its gold to safety; global food prices rise; UST 10yr at 4.78%; gold and oil hold; NZ$1 = 58.8 USc; TWI-5 = 62.1
US jobs growth claims face sceptical markets; supply chain pressure rises; Canadian jobs retreat; Japan household spending weak; global food prices rise; Aussies take more secondary jobs; UST 10yr at 4.78%; gold and oil dip NZ$1 = 58.8 USc; TWI-5 = 62.1
13
US jobs growth claims face sceptical markets; supply chain pressure rises; Canadian jobs retreat; Japan household spending weak; global food prices rise; Aussies take more secondary jobs; UST 10yr at 4.78%; gold and oil dip NZ$1 = 58.8 USc; TWI-5 = 62.1