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
Wall Street turns sharply risk-off despite rising US economic expansion; Japan get inflation; Germany wants immigrants; RBA ready to tackle inflation; UST 10yr 1.76%; oil and gold lower; NZ$1 = 67.3 USc; TWI-5 = 71.6
22nd Jan 22, 8:43am
58
Wall Street turns sharply risk-off despite rising US economic expansion; Japan get inflation; Germany wants immigrants; RBA ready to tackle inflation; UST 10yr 1.76%; oil and gold lower; NZ$1 = 67.3 USc; TWI-5 = 71.6
A review of things you need to know before you go home on Friday; BNZ raises TD rates, migrant flow tiny, factory PMI positive, Netflix roils markets, swaps soft, NZD sinks, & more
21st Jan 22, 3:59pm
77
A review of things you need to know before you go home on Friday; BNZ raises TD rates, migrant flow tiny, factory PMI positive, Netflix roils markets, swaps soft, NZD sinks, & more
Surprisingly, the first retail interest rate rise in 2022 is for savers. BNZ takes its offers to the top of what all banks are prepared to pay, even if it is much lower than inflation's bite
21st Jan 22, 9:08am
48
Surprisingly, the first retail interest rate rise in 2022 is for savers. BNZ takes its offers to the top of what all banks are prepared to pay, even if it is much lower than inflation's bite
US data positive and resilient despite Omicron threats; Japan and Taiwan get big export growth; China cuts mortgage rate benchmarks; UST 10yr 1.84%; oil and gold unchanged; NZ$1 = 67.9 USc; TWI-5 = 72.2
21st Jan 22, 7:19am
119
US data positive and resilient despite Omicron threats; Japan and Taiwan get big export growth; China cuts mortgage rate benchmarks; UST 10yr 1.84%; oil and gold unchanged; NZ$1 = 67.9 USc; TWI-5 = 72.2
A review of things you need to know before you go home on Thursday; ANZ expects house prices to decline 7% this year, employment confidence up, truckometer positive, food prices up, rents up, plumbing watch in place, swaps up & more
20th Jan 22, 3:59pm
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A review of things you need to know before you go home on Thursday; ANZ expects house prices to decline 7% this year, employment confidence up, truckometer positive, food prices up, rents up, plumbing watch in place, swaps up & more
US retail and mortgage rates rise; Canada CPI at 30 year high; China's wheat imports surge; Germany and UK report high CPI; UST 10yr 1.84%; oil and gold jump; NZ$1 = 67.9 USc; TWI-5 = 72.3
20th Jan 22, 7:21am
184
US retail and mortgage rates rise; Canada CPI at 30 year high; China's wheat imports surge; Germany and UK report high CPI; UST 10yr 1.84%; oil and gold jump; NZ$1 = 67.9 USc; TWI-5 = 72.3
A review of things you need to know before you go home on Wednesday; dairy prices rise, house prices waver, retail sales firm, UST10yr yield jumps, ANZ goes hawkish, swaps unchanged, NZD holds & more
19th Jan 22, 3:59pm
35
A review of things you need to know before you go home on Wednesday; dairy prices rise, house prices waver, retail sales firm, UST10yr yield jumps, ANZ goes hawkish, swaps unchanged, NZD holds & more
Dairy prices up; markets have a taper tantrum; Japan sees inflation; German economic sentiment rises; China frontloads new stimulus; UST 10yr 1.86%; oil firm but gold soft; NZ$1 = 67.7 USc; TWI-5 = 72.1
19th Jan 22, 7:31am
85
Dairy prices up; markets have a taper tantrum; Japan sees inflation; German economic sentiment rises; China frontloads new stimulus; UST 10yr 1.86%; oil firm but gold soft; NZ$1 = 67.7 USc; TWI-5 = 72.1
A review of things you need to know before you go home on Tuesday; no retail rate changes, new scam targets Westpac, REINZ data falls in December, business confidence slides, another dip into the FLP, swaps and NZD stable, & more
18th Jan 22, 3:59pm
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A review of things you need to know before you go home on Tuesday; no retail rate changes, new scam targets Westpac, REINZ data falls in December, business confidence slides, another dip into the FLP, swaps and NZD stable, & more
US on holiday but Canada data points to rate rises; China reports good data but real data undermines it. Beijing worried on multiple fronts; UST 10yr 1.79%; oil unchanged but gold firm; NZ$1 = 68 USc; TWI-5 = 72.3
18th Jan 22, 7:19am
50
US on holiday but Canada data points to rate rises; China reports good data but real data undermines it. Beijing worried on multiple fronts; UST 10yr 1.79%; oil unchanged but gold firm; NZ$1 = 68 USc; TWI-5 = 72.3
A review of things you need to know before you go home on Monday; Kiwi Group Holding ponders the value of Kiwi Wealth, NZX50 struggles, China's growth hangs in there, swaps jump, NZD holds, & more
17th Jan 22, 3:59pm
13
A review of things you need to know before you go home on Monday; Kiwi Group Holding ponders the value of Kiwi Wealth, NZX50 struggles, China's growth hangs in there, swaps jump, NZD holds, & more
Market speculation high that SOE Kiwi Group Holdings is about to sell $9 bln Kiwi Wealth, after selling Kiwi Insurance, and Hatch. It is an enterprise that has swelled 7x since it was first purchased as Gareth Morgan Investments in 2012
17th Jan 22, 10:17am
10
Market speculation high that SOE Kiwi Group Holdings is about to sell $9 bln Kiwi Wealth, after selling Kiwi Insurance, and Hatch. It is an enterprise that has swelled 7x since it was first purchased as Gareth Morgan Investments in 2012
Anxious times in China - house prices fall but trade surplus rises; US retails sales weak, sentiment slumps; Aussie home loans rise in one-off; UST 10yr 1.79%; oil firm but gold unchanged; NZ$1 = 68 USc; TWI-5 = 72.3
17th Jan 22, 7:19am
157
Anxious times in China - house prices fall but trade surplus rises; US retails sales weak, sentiment slumps; Aussie home loans rise in one-off; UST 10yr 1.79%; oil firm but gold unchanged; NZ$1 = 68 USc; TWI-5 = 72.3
We look at what a 'credit crunch' really is in light of recent local reports of sharp falls in loan application approvals. Brokers are squealing; politicians dodging for cover. But is it the adjustment we need to have, finally?
16th Jan 22, 11:18am
148
We look at what a 'credit crunch' really is in light of recent local reports of sharp falls in loan application approvals. Brokers are squealing; politicians dodging for cover. But is it the adjustment we need to have, finally?
American data ends 2021 soft; Jamie Dimon sees seven Fed rate hikes coming; China's trade surplus swells; eyes on Ukraine; Aussie labour shortages grow; UST 10yr 1.77%; oil firm but gold soft; NZ$1 = 68 USc; TWI-5 = 72.2
15th Jan 22, 9:01am
138
American data ends 2021 soft; Jamie Dimon sees seven Fed rate hikes coming; China's trade surplus swells; eyes on Ukraine; Aussie labour shortages grow; UST 10yr 1.77%; oil firm but gold soft; NZ$1 = 68 USc; TWI-5 = 72.2
Home loan borrowers have learned to take out longer fixed rate mortgage contracts. The 2021 incentive to lock in unusually low interest rates may change in 2022 to the fear of facing higher interest rates
14th Jan 22, 11:23am
122
Home loan borrowers have learned to take out longer fixed rate mortgage contracts. The 2021 incentive to lock in unusually low interest rates may change in 2022 to the fear of facing higher interest rates
US PPI rise stays high; China hit by Omicron, supply chain woes deepen; non-ferrous metal prices leap; Australia struggles with virus impact; UST 10yr 1.72%; oil firm but gold soft; NZ$1 = 68.8 USc; TWI-5 = 72.8
14th Jan 22, 7:46am
148
US PPI rise stays high; China hit by Omicron, supply chain woes deepen; non-ferrous metal prices leap; Australia struggles with virus impact; UST 10yr 1.72%; oil firm but gold soft; NZ$1 = 68.8 USc; TWI-5 = 72.8
Continuing high building consents for townhouses and other denser housing styles drives builders plans for more housing to their highest monthly level ever
13th Jan 22, 11:07am
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Continuing high building consents for townhouses and other denser housing styles drives builders plans for more housing to their highest monthly level ever
Although bank lending to business is recovering, it is dominated by lending for property purposes, and undermined by the Government hoovering up all the SME demand
13th Jan 22, 9:22am
4
Although bank lending to business is recovering, it is dominated by lending for property purposes, and undermined by the Government hoovering up all the SME demand
US CPI hits 7%; US budget improves; China's CPI lower; China's banks slow their lending; India's CPI rises; EU industrial production recovers; UST 10yr 1.72%; oil soft but gold higher; NZ$1 = 68.4 USc; TWI-5 = 72.6
13th Jan 22, 7:29am
118
US CPI hits 7%; US budget improves; China's CPI lower; China's banks slow their lending; India's CPI rises; EU industrial production recovers; UST 10yr 1.72%; oil soft but gold higher; NZ$1 = 68.4 USc; TWI-5 = 72.6
Kiwi savers may grumble about how much lower than inflation after tax returns are here for term deposits, but in Australia it remains dire for their savers
12th Jan 22, 10:00am
31
Kiwi savers may grumble about how much lower than inflation after tax returns are here for term deposits, but in Australia it remains dire for their savers
Powell turns hawkish; China eyes rate cut; Singapore eyes GST hike; OECD sees inflation jump; World Bank sees growth slowdown; UST 10yr 1.76%; oil and gold higher; NZ$1 = 67.7 USc; TWI-5 = 72.2
12th Jan 22, 7:24am
97
Powell turns hawkish; China eyes rate cut; Singapore eyes GST hike; OECD sees inflation jump; World Bank sees growth slowdown; UST 10yr 1.76%; oil and gold higher; NZ$1 = 67.7 USc; TWI-5 = 72.2
Interest rates are on the move higher so we review what that means for term deposit savers. One bank is the consistent high offeror, but all banks are now eyeing new marketing efforts to attract funds from retail savers
11th Jan 22, 9:46am
25
Interest rates are on the move higher so we review what that means for term deposit savers. One bank is the consistent high offeror, but all banks are now eyeing new marketing efforts to attract funds from retail savers
US inflation expectation stay at record high; IMF warns of major adjustments underway; China adds stimulus; high natural disaster losses; Virgin cuts back sharply; UST 10yr 1.79%; oil and gold soft; NZ$1 = 67.5 USc; TWI-5 = 72.1
11th Jan 22, 7:32am
72
US inflation expectation stay at record high; IMF warns of major adjustments underway; China adds stimulus; high natural disaster losses; Virgin cuts back sharply; UST 10yr 1.79%; oil and gold soft; NZ$1 = 67.5 USc; TWI-5 = 72.1
Omicron tightens grip on Australia; US jobs expand less than expected, but pay rises faster; US consumer credit jumps; China FX reserves swell; EU inflation high; UST 10yr 1.77%; oil and gold unchanged; NZ$1 = 67.8 USc; TWI-5 = 72.3
10th Jan 22, 7:19am
127
Omicron tightens grip on Australia; US jobs expand less than expected, but pay rises faster; US consumer credit jumps; China FX reserves swell; EU inflation high; UST 10yr 1.77%; oil and gold unchanged; NZ$1 = 67.8 USc; TWI-5 = 72.3