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
US economic activity shrinks; payrolls grow much slower; Walmart rolls over on tariffs; China starts holiday; Aussie inflation holds, boosting rate cut bets; UST 10yr at 4.17%; gold down and oil drops hard; NZ$1 = 59.4 USc; TWI-5 = 67.6
1st May 25, 7:19am
10
US economic activity shrinks; payrolls grow much slower; Walmart rolls over on tariffs; China starts holiday; Aussie inflation holds, boosting rate cut bets; UST 10yr at 4.17%; gold down and oil drops hard; NZ$1 = 59.4 USc; TWI-5 = 67.6
A review of things you need to know before you sign off on Wednesday; business sentiment wavers, home loan borrowers switch more, house buyers more leveraged, dairy farmers less leveraged, gold & oil slip, swaps hold, NZD dips, & more
30th Apr 25, 3:59pm
30
A review of things you need to know before you sign off on Wednesday; business sentiment wavers, home loan borrowers switch more, house buyers more leveraged, dairy farmers less leveraged, gold & oil slip, swaps hold, NZD dips, & more
US data and sentiment points to a US recession; Canada resists Trump but faces a hard future; Europe sentiment drops as inflation expectations edge up; UST 10yr at 4.17%; gold and oil down; NZ$1 = 59.4 USc; TWI-5 = 67.6
30th Apr 25, 7:19am
34
US data and sentiment points to a US recession; Canada resists Trump but faces a hard future; Europe sentiment drops as inflation expectations edge up; UST 10yr at 4.17%; gold and oil down; NZ$1 = 59.4 USc; TWI-5 = 67.6
A review of things you need to know before you sign off on Tuesday; TD rates fall again, home loan affordability becalmed, Govt pushes austerity, house borrowers pay back more, Canada rejects Trump, swaps stable still, NZD too, & more
29th Apr 25, 3:59pm
A review of things you need to know before you sign off on Tuesday; TD rates fall again, home loan affordability becalmed, Govt pushes austerity, house borrowers pay back more, Canada rejects Trump, swaps stable still, NZD too, & more
Trump injects himself into Canadian election campaign; Texas turns glummer; Spain blacked out; India expansion slows; Aussie AAA rating at risk; UST 10yr at 4.21%; gold up; oil down; NZ$1 = 59.6 USc; TWI-5 = 67.7
29th Apr 25, 7:19am
20
Trump injects himself into Canadian election campaign; Texas turns glummer; Spain blacked out; India expansion slows; Aussie AAA rating at risk; UST 10yr at 4.21%; gold up; oil down; NZ$1 = 59.6 USc; TWI-5 = 67.7
A review of things you need to know before you sign off on Monday; shop around for insurance, real estate agent commissions updated, sustainable financing still grows, but carbon price sinks, swaps stable, NZD on hold, & more
28th Apr 25, 3:59pm
38
A review of things you need to know before you sign off on Monday; shop around for insurance, real estate agent commissions updated, sustainable financing still grows, but carbon price sinks, swaps stable, NZD on hold, & more
In an unsafe world, savers can manage risk, and the upcoming taxpayer guarantee will make that easy to access. But the cost will be lower returns
28th Apr 25, 2:34pm
5
In an unsafe world, savers can manage risk, and the upcoming taxpayer guarantee will make that easy to access. But the cost will be lower returns
China delivers better economic data responding to stimulus; Singapore factories busier; US data wavers & sentiment drops; UST 10yr at 4.25%; gold up; oil holds; NZ$1 = 59.6 USc; TWI-5 = 68
28th Apr 25, 7:20am
28
China delivers better economic data responding to stimulus; Singapore factories busier; US data wavers & sentiment drops; UST 10yr at 4.25%; gold up; oil holds; NZ$1 = 59.6 USc; TWI-5 = 68
Maurice Obstfeld warns that fragmenting capital markets are putting the greenback's global primacy at risk
27th Apr 25, 10:00am
3
Maurice Obstfeld warns that fragmenting capital markets are putting the greenback's global primacy at risk
US data wavers, sentiment drops sharply; Canada gets ready to vote; China winds up its consumption push, cancels some key ag orders in the US; UST 10yr at 4.24%; gold holds; oil up; NZ$1 = 59.7 USc; TWI-5 = 68
26th Apr 25, 9:00am
18
US data wavers, sentiment drops sharply; Canada gets ready to vote; China winds up its consumption push, cancels some key ag orders in the US; UST 10yr at 4.24%; gold holds; oil up; NZ$1 = 59.7 USc; TWI-5 = 68
A review of things you need to know before you sign off on Thursday; realtor commission report, rising sentiment and inflation, more on welfare benefits, more bankruptcies, high NZGB demand, swaps & NZD stable, & more
24th Apr 25, 3:59pm
34
A review of things you need to know before you sign off on Thursday; realtor commission report, rising sentiment and inflation, more on welfare benefits, more bankruptcies, high NZGB demand, swaps & NZD stable, & more
US data features higher prices and lower activity; Tariff u-turn suggested; global PMIs hold up; China floods liquidity for consumption shift; UST 10yr at 4.40%; gold dips from high; oil down; NZ$1 = 60 USc; TWI-5 = 68
24th Apr 25, 7:22am
71
US data features higher prices and lower activity; Tariff u-turn suggested; global PMIs hold up; China floods liquidity for consumption shift; UST 10yr at 4.40%; gold dips from high; oil down; NZ$1 = 60 USc; TWI-5 = 68
A review of things you need to know before you sign off on Wednesday; renters have the 'power', credit card growth lame, job ads weak, more DMO debt issuance, equities recover, swaps stable, NZD eases, & more
23rd Apr 25, 3:59pm
18
A review of things you need to know before you sign off on Wednesday; renters have the 'power', credit card growth lame, job ads weak, more DMO debt issuance, equities recover, swaps stable, NZD eases, & more
IMF sees the US hurt more than others; Bessent guesses move markets; US data weak; Taiwan export orders strong; EU consumer sentiment weaker; UST 10yr at 4.40%; gold leaps to new high; oil down; NZ$1 = 60 USc; TWI-5 = 68
23rd Apr 25, 7:19am
10
IMF sees the US hurt more than others; Bessent guesses move markets; US data weak; Taiwan export orders strong; EU consumer sentiment weaker; UST 10yr at 4.40%; gold leaps to new high; oil down; NZ$1 = 60 USc; TWI-5 = 68
A review of things you need to know before you sign off on Tuesday; lots of small retail rate changes, bumper exports, lower dependency on China, HD for insider trading, swaps stable, NZD firmer, & more
22nd Apr 25, 3:59pm
25
A review of things you need to know before you sign off on Tuesday; lots of small retail rate changes, bumper exports, lower dependency on China, HD for insider trading, swaps stable, NZD firmer, & more
Trump's attacks on Powell hurt US markets; China FDI shrinks; US in recession; ECB cuts; Aussie labour market expands; UST 10yr at 4.40%; gold leaps to new high; oil down; NZ$1 = 60 USc; TWI-5 = 68
22nd Apr 25, 7:19am
46
Trump's attacks on Powell hurt US markets; China FDI shrinks; US in recession; ECB cuts; Aussie labour market expands; UST 10yr at 4.40%; gold leaps to new high; oil down; NZ$1 = 60 USc; TWI-5 = 68
China is taking many hits from Trump. So why doesn't it hit back at Trump's weakness, the US Treasury bond market? It may well do so at some point, but China is playing a longer game, one focused on its own self-interest
21st Apr 25, 2:57pm
12
China is taking many hits from Trump. So why doesn't it hit back at Trump's weakness, the US Treasury bond market? It may well do so at some point, but China is playing a longer game, one focused on its own self-interest
Trump obsesses about Powell; US already in recession; Japanese inflation stays high; China FDI weak, fiscal stimulus rises; ECB cuts; Aussie jobs rise; UST 10yr at 4.33%; gold holds high and oil up; NZ$1 = 59.4 USc; TWI-5 = 67.6
19th Apr 25, 8:17am
17
Trump obsesses about Powell; US already in recession; Japanese inflation stays high; China FDI weak, fiscal stimulus rises; ECB cuts; Aussie jobs rise; UST 10yr at 4.33%; gold holds high and oil up; NZ$1 = 59.4 USc; TWI-5 = 67.6
A review of things you need to know before you sign off on Thursday: the flood of retail rate changes continues, CPI at 2.5%, job ad activity limp, Tourism Holdings hammered, swaps stable, gold rises further, NZD firmish, & more
17th Apr 25, 3:59pm
17
A review of things you need to know before you sign off on Thursday: the flood of retail rate changes continues, CPI at 2.5%, job ad activity limp, Tourism Holdings hammered, swaps stable, gold rises further, NZD firmish, & more
As term deposit offer rates sink, real after-tax, after-inflation yields are vanishing. Taxpayer guarantees reducing the risk premiums aren't helping. Savers are barely breaking even, making short term TD's a poor investment
17th Apr 25, 11:00am
38
As term deposit offer rates sink, real after-tax, after-inflation yields are vanishing. Taxpayer guarantees reducing the risk premiums aren't helping. Savers are barely breaking even, making short term TD's a poor investment
Tariffs start to affect US data; Fed in a tough spot; markets recoil; Canada stops cutting; China claims steady growth, but housing still a big issue; UST 10yr at 4.27%; gold leaps and oil firm; NZ$1 = 59.3 USc; TWI-5 = 67.6
17th Apr 25, 7:19am
65
Tariffs start to affect US data; Fed in a tough spot; markets recoil; Canada stops cutting; China claims steady growth, but housing still a big issue; UST 10yr at 4.27%; gold leaps and oil firm; NZ$1 = 59.3 USc; TWI-5 = 67.6
A review of things you need to know before you sign off on Wednesday; flood of retail rate cuts, tractor drought, earnings downgrades, dairy prices suffer from USD pricing, ANZ changes its tune, swaps stable, NZD holds, & more
16th Apr 25, 3:59pm
12
A review of things you need to know before you sign off on Wednesday; flood of retail rate cuts, tractor drought, earnings downgrades, dairy prices suffer from USD pricing, ANZ changes its tune, swaps stable, NZD holds, & more
[updated]
Home loan rates are being inched lower in response to competitive pressures and uncertain loan demand. BNZ's latest reductions match other rivals who moved recently, with a little extra cut for an 18 month term
16th Apr 25, 9:50am
6
Home loan rates are being inched lower in response to competitive pressures and uncertain loan demand. BNZ's latest reductions match other rivals who moved recently, with a little extra cut for an 18 month term
Dairy price gains undone by sinking USD; US sees more inflation less activity; Canadian inflation eases; Indian inflation falls; China targets Boeing; UST 10yr at 4.33%; gold and oil firm; NZ$1 = 59.1 USc; TWI-5 = 67.6
16th Apr 25, 7:27am
39
Dairy price gains undone by sinking USD; US sees more inflation less activity; Canadian inflation eases; Indian inflation falls; China targets Boeing; UST 10yr at 4.33%; gold and oil firm; NZ$1 = 59.1 USc; TWI-5 = 67.6
[updated]
A review of things you need to know before you sign off on Tuesday; not seeing housing market upturn yet, food prices rise, real-time GDP tool launched, holidays more expensive, swaps stable, NZD rises, & more
15th Apr 25, 3:59pm
22
A review of things you need to know before you sign off on Tuesday; not seeing housing market upturn yet, food prices rise, real-time GDP tool launched, holidays more expensive, swaps stable, NZD rises, & more