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
Following the RBNZ's rate hike and bank pass-throughs to floating rates, attention now turns to pressures on home loan fixed rates where pressures are building too
15th Jul 26, 11:09am
2
Following the RBNZ's rate hike and bank pass-throughs to floating rates, attention now turns to pressures on home loan fixed rates where pressures are building too
US inflation eases but still well above Fed target; Singapore growth stays high; China exports jump; Aussie sentient less negative; UST 10yr at 4.57%; gold rises; oil eases on Trump's toll backdown; NZ$1 = 58.1 USc; TWI-5 = 62
15th Jul 26, 7:22am
21
US inflation eases but still well above Fed target; Singapore growth stays high; China exports jump; Aussie sentient less negative; UST 10yr at 4.57%; gold rises; oil eases on Trump's toll backdown; NZ$1 = 58.1 USc; TWI-5 = 62
A review of things you need to know before you sign off on Tuesday; business confidence firms in a fragile way, migration stalled in May, tourist arrivals still trending up, swaps up, NZX50 down, oil jumps, NZD firms, & more
14th Jul 26, 3:59pm
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A review of things you need to know before you sign off on Tuesday; business confidence firms in a fragile way, migration stalled in May, tourist arrivals still trending up, swaps up, NZX50 down, oil jumps, NZD firms, & more
Eyes on US earnings reports; Waller turns hawkish; US deficit blows out; India inflation rises; China braces for storms; OPEC turns glum; UST 10yr at 4.61%; gold falls; oil rises on Strait closure & tolls; NZ$1 = 57.6 USc; TWI-5 = 61.5
14th Jul 26, 7:19am
16
Eyes on US earnings reports; Waller turns hawkish; US deficit blows out; India inflation rises; China braces for storms; OPEC turns glum; UST 10yr at 4.61%; gold falls; oil rises on Strait closure & tolls; NZ$1 = 57.6 USc; TWI-5 = 61.5
[updated]
A review of things you need to know before you sign off on Monday; ANZ's OCR response arrives, test rates stable, service sector expands - just, housing values stay in a funk, swaps firm, NZX50 soft, NZD firmish, & more
13th Jul 26, 3:59pm
12
A review of things you need to know before you sign off on Monday; ANZ's OCR response arrives, test rates stable, service sector expands - just, housing values stay in a funk, swaps firm, NZX50 soft, NZD firmish, & more
Fonterra has cut its farmgate milk payout forecast for the new season by -5%, citing strong global supply and softer demand
13th Jul 26, 9:08am
1
Fonterra has cut its farmgate milk payout forecast for the new season by -5%, citing strong global supply and softer demand
China car exports flood global markets; helium access a new chokepoint; Japan PPI high & rising; eyes on yen; US data languid; freight rates rise again; UST 10yr at 4.56%; gold rises; oil holds on Strait closure; NZ$1 = 57.6 USc; TWI-5 = 61.5
13th Jul 26, 7:19am
9
China car exports flood global markets; helium access a new chokepoint; Japan PPI high & rising; eyes on yen; US data languid; freight rates rise again; UST 10yr at 4.56%; gold rises; oil holds on Strait closure; NZ$1 = 57.6 USc; TWI-5 = 61.5
We tracked the floating home loan rate changes over the past two and a half years and find that the main banks have all held back some of the OCR reductions, but are passing on the latest OCR increase in full
12th Jul 26, 7:00am
1
We tracked the floating home loan rate changes over the past two and a half years and find that the main banks have all held back some of the OCR reductions, but are passing on the latest OCR increase in full
US real economy data mixed; Wall St enamoured with SK Hynix; China car sales strong, exports stronger; Japan PPI high; container freight rates rise; UST 10yr at 4.56%; gold rises; oil eases; NZ$1 = 57.6 USc; TWI-5 = 61.5
11th Jul 26, 8:43am
20
US real economy data mixed; Wall St enamoured with SK Hynix; China car sales strong, exports stronger; Japan PPI high; container freight rates rise; UST 10yr at 4.56%; gold rises; oil eases; NZ$1 = 57.6 USc; TWI-5 = 61.5
A review of things you need to know before you sign off on Thursday; floating rate rises start to come through, factory PMIs surge except in Wellington, truckometer lags, wool prices dip, swaps rise, NZD firms, & more
9th Jul 26, 3:59pm
15
A review of things you need to know before you sign off on Thursday; floating rate rises start to come through, factory PMIs surge except in Wellington, truckometer lags, wool prices dip, swaps rise, NZD firms, & more
[updated]
Westpac is the first bank to move its floating home loan rates up after the OCR hike, and some of its savings rates too. Kiwibank follows with BNZ, ASB and now ANZ too
9th Jul 26, 11:10am
2
Westpac is the first bank to move its floating home loan rates up after the OCR hike, and some of its savings rates too. Kiwibank follows with BNZ, ASB and now ANZ too
IMF maintains global growth outlook; US consumer debt surprise; Fed eyes hikes if inflation stays up; Japan sentiment improves; Aussie rents jump; UST 10yr at 4.56%; gold drops; oil jumps; NZ$1 = 57 USc; TWI-5 = 60.9
9th Jul 26, 7:19am
15
IMF maintains global growth outlook; US consumer debt surprise; Fed eyes hikes if inflation stays up; Japan sentiment improves; Aussie rents jump; UST 10yr at 4.56%; gold drops; oil jumps; NZ$1 = 57 USc; TWI-5 = 60.9
A review of things you need to know before you sign off on Wednesday; OCR hiked but no bank has responded yet, house values decline, dairy prices retreat, Morrisons global ambitions get a boost, swaps rise, NZD soft, NZD holds, & more
8th Jul 26, 3:59pm
15
A review of things you need to know before you sign off on Wednesday; OCR hiked but no bank has responded yet, house values decline, dairy prices retreat, Morrisons global ambitions get a boost, swaps rise, NZD soft, NZD holds, & more
US data wavers as inflation expectations rise; dairy prices fall; Canada trade surplus higher; Japanese household spending rises; UST 10yr at 4.48%; gold down; oil up on new Hormuz threats; NZ$1 = 56.9 USc; TWI-5 = 60.7
8th Jul 26, 7:18am
26
US data wavers as inflation expectations rise; dairy prices fall; Canada trade surplus higher; Japanese household spending rises; UST 10yr at 4.48%; gold down; oil up on new Hormuz threats; NZ$1 = 56.9 USc; TWI-5 = 60.7
A review of things you need to know before you sign off on Tuesday; Heartland trims some TD rates, retail tracking sideways, moving overseas & renting out, eyes on dairy auction, swaps stable, NZX stable, NZD holds, & more
7th Jul 26, 3:59pm
6
A review of things you need to know before you sign off on Tuesday; Heartland trims some TD rates, retail tracking sideways, moving overseas & renting out, eyes on dairy auction, swaps stable, NZX stable, NZD holds, & more
US services sector stable; Canada's dips but inflation elevated; a regional China bank collapses; China leads fintech patent race; Australian inflation expectations ease; UST 10yr at 4.48%; gold and oil stable; NZ$1 = 57 USc; TWI-5 = 60.8
7th Jul 26, 7:20am
7
US services sector stable; Canada's dips but inflation elevated; a regional China bank collapses; China leads fintech patent race; Australian inflation expectations ease; UST 10yr at 4.48%; gold and oil stable; NZ$1 = 57 USc; TWI-5 = 60.8
[updated]
A review of things you need to know before you sign off on Monday; Auckland housebuilding to rise, commodity price falls insulated by weak NZD, expected El Niño impacts, swaps stable, NZX up, NZD dips, & more
6th Jul 26, 3:59pm
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A review of things you need to know before you sign off on Monday; Auckland housebuilding to rise, commodity price falls insulated by weak NZD, expected El Niño impacts, swaps stable, NZX up, NZD dips, & more
China service sector expands; Japan service sector positive but subdued; Vietnam growth high but not high enough; question over US growth; OPEC meets; UST 10yr at 4.49%; gold and oil stable; NZ$1 = 57.1 USc; TWI-5 = 60.9
6th Jul 26, 7:19am
15
China service sector expands; Japan service sector positive but subdued; Vietnam growth high but not high enough; question over US growth; OPEC meets; UST 10yr at 4.49%; gold and oil stable; NZ$1 = 57.1 USc; TWI-5 = 60.9
China service sector improves; ditto Japan; Korea's stock market on a wild ride; Vietnam rising & upgraded by the World Bank; global food prices ease; UST 10yr at 4.49%; gold rises and oil stable; NZ$1 = 57.1 USc; TWI-5 = 60.9
4th Jul 26, 8:11am
1
China service sector improves; ditto Japan; Korea's stock market on a wild ride; Vietnam rising & upgraded by the World Bank; global food prices ease; UST 10yr at 4.49%; gold rises and oil stable; NZ$1 = 57.1 USc; TWI-5 = 60.9
A review of things you need to know before you sign off on Friday; consumer sentiment less negative, commercial lease pressure eases, Modi coming, bond spreads ease, swaps hold, NZD firms, NZD firm, & more
3rd Jul 26, 3:59pm
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A review of things you need to know before you sign off on Friday; consumer sentiment less negative, commercial lease pressure eases, Modi coming, bond spreads ease, swaps hold, NZD firms, NZD firm, & more
US jobs report weak; US factory orders also weak, worse after adjusting for PPI; China carmakers in profit crisis; Australia reports rare trade deficit; UST 10yr at 4.48%; gold firm and oil stable; NZ$1 = 56.9 USc; TWI-5 = 60.8
3rd Jul 26, 7:24am
27
US jobs report weak; US factory orders also weak, worse after adjusting for PPI; China carmakers in profit crisis; Australia reports rare trade deficit; UST 10yr at 4.48%; gold firm and oil stable; NZ$1 = 56.9 USc; TWI-5 = 60.8
A review of things you need to know before you sign off on Thursday; Auckland house sales volume up, prices down, ditto nationally, Crown accounts give dour signals, worker share slips, swaps hold, NZD firmish, & more
2nd Jul 26, 3:59pm
7
A review of things you need to know before you sign off on Thursday; Auckland house sales volume up, prices down, ditto nationally, Crown accounts give dour signals, worker share slips, swaps hold, NZD firmish, & more
Eyes on US non-farm payrolls; US crude stocks fall again, reserves at 43 year low; USMCA not renewed; China PMI rises; Korean exports star; UST 10yr at 4.48%; gold firm and oil down even as Hormuz quiet; NZ$1 = 56.8 USc; TWI-5 = 60.7
2nd Jul 26, 7:25am
9
Eyes on US non-farm payrolls; US crude stocks fall again, reserves at 43 year low; USMCA not renewed; China PMI rises; Korean exports star; UST 10yr at 4.48%; gold firm and oil down even as Hormuz quiet; NZ$1 = 56.8 USc; TWI-5 = 60.7
[updated]
A review of things you need to know before you sign off on Wednesday; ASB changes rates, asking prices slip, dairy prices retreat, 3 old into 1 new, car sales rise in EV surge, swaps stable, NZX stable, NZD rises, & more
1st Jul 26, 3:59pm
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A review of things you need to know before you sign off on Wednesday; ASB changes rates, asking prices slip, dairy prices retreat, 3 old into 1 new, car sales rise in EV surge, swaps stable, NZX stable, NZD rises, & more
Banks go into defensive mode on home loan rate offers as the winter season wraps around the housing market. Borrowers will have to sit tight and just take these levels, but those who can wait for spring will be hoping for more competitive offers then
1st Jul 26, 8:31am
Banks go into defensive mode on home loan rate offers as the winter season wraps around the housing market. Borrowers will have to sit tight and just take these levels, but those who can wait for spring will be hoping for more competitive offers then