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 service sector rises but factory sector faces downturn; cost of tariff policy in focus; Canadian stress; China data inconsistent; Indian imports surge; Aussie regulators active; UST 10yr at 4.40%; gold firm and oil soft; NZ$1 = 57.8 USc; TWI = 67.8
17th Dec 24, 7:22am
89
US service sector rises but factory sector faces downturn; cost of tariff policy in focus; Canadian stress; China data inconsistent; Indian imports surge; Aussie regulators active; UST 10yr at 4.40%; gold firm and oil soft; NZ$1 = 57.8 USc; TWI = 67.8
A review of things you need to know before you sign off on Monday; a few more small rate cuts, rents weak, PMI/PSI still contracting, tractor sales very low, deceptions punished, swap curves steepen, NZD holds, & more
16th Dec 24, 4:00pm
50
A review of things you need to know before you sign off on Monday; a few more small rate cuts, rents weak, PMI/PSI still contracting, tractor sales very low, deceptions punished, swap curves steepen, NZD holds, & more
Eyes on the Fed, REINZ, and dairy prices; benchmark bond rates rise, except in China; China's new lending weak. more rate cuts coming; UST 10yr at 4.39%; gold down and oil up; NZ$1 = 57.6 USc; TWI = 67.6
16th Dec 24, 7:20am
76
Eyes on the Fed, REINZ, and dairy prices; benchmark bond rates rise, except in China; China's new lending weak. more rate cuts coming; UST 10yr at 4.39%; gold down and oil up; NZ$1 = 57.6 USc; TWI = 67.6
Bond yields rise fast everywhere, except China where they are diving; Canada factories busy; China bank lending low; UK GDP lower per capita; UST 10yr at 4.39%; gold down and oil up; NZ$1 = 57.6 USc; TWI = 67.6
14th Dec 24, 8:17am
43
Bond yields rise fast everywhere, except China where they are diving; Canada factories busy; China bank lending low; UK GDP lower per capita; UST 10yr at 4.39%; gold down and oil up; NZ$1 = 57.6 USc; TWI = 67.6
A review of things you need to know before you sign off on Friday; no retail rate changes, migration gains ease, construction inflation low, new GHG tool for farmers, new target to tackle child poverty, swaps soft, NZD soft, & more
13th Dec 24, 3:59pm
16
A review of things you need to know before you sign off on Friday; no retail rate changes, migration gains ease, construction inflation low, new GHG tool for farmers, new target to tackle child poverty, swaps soft, NZD soft, & more
US jobless claims jump; US PPI rises; India data as expected; China readies trade-war defences; ECB cuts as expected; Swiss cut more; Aussie jobs rise; UST 10yr at 4.31%; gold down and oil slips; NZ$1 = 57.9 USc; TWI = 67.7
13th Dec 24, 7:24am
27
US jobless claims jump; US PPI rises; India data as expected; China readies trade-war defences; ECB cuts as expected; Swiss cut more; Aussie jobs rise; UST 10yr at 4.31%; gold down and oil slips; NZ$1 = 57.9 USc; TWI = 67.7
Non-bank deposit takers will be included in the Deposit Compensation Scheme starting in mid-2025. Our rate tables now identify these regulated financial institutions
13th Dec 24, 5:56am
11
Non-bank deposit takers will be included in the Deposit Compensation Scheme starting in mid-2025. Our rate tables now identify these regulated financial institutions
A review of things you need to know before you sign off on Thursday; retail sales flat, ACC to get inspected, NZGB tender very popular, HFC smuggling busted, swaps and NZD little-changed, & more
12th Dec 24, 3:59pm
69
A review of things you need to know before you sign off on Thursday; retail sales flat, ACC to get inspected, NZGB tender very popular, HFC smuggling busted, swaps and NZD little-changed, & more
The relentless trimming of bank term deposit rate cards has most of them on the cusp of falling below 5% for all terms
12th Dec 24, 10:06am
43
The relentless trimming of bank term deposit rate cards has most of them on the cusp of falling below 5% for all terms
US CPI delivers no surprises; Canada cuts -50 bps; Japan gets larger inflation echo; Malaysia retail strong; Aussies nervous about US tariff effects; UST 10yr at 4.24%; gold up and oil on hold; NZ$1 = 58 USc; TWI = 67.8
12th Dec 24, 7:19am
77
US CPI delivers no surprises; Canada cuts -50 bps; Japan gets larger inflation echo; Malaysia retail strong; Aussies nervous about US tariff effects; UST 10yr at 4.24%; gold up and oil on hold; NZ$1 = 58 USc; TWI = 67.8
A review of things you need to know before you sign off on Wednesday; residence visas popular, economic data weak, Fed Farmers adopt US Republican Party climate playbook, life insurance consolidation, swaps flat, NZD falls, & more
11th Dec 24, 3:59pm
40
A review of things you need to know before you sign off on Wednesday; residence visas popular, economic data weak, Fed Farmers adopt US Republican Party climate playbook, life insurance consolidation, swaps flat, NZD falls, & more
US sentiment rises; China's export growth stalls; markets shun China stimulus plans; RBA turns dovish; Aussie business sentiment slips; UST 10yr at 4.24%; gold up and oil on hold; NZ$1 = 58 USc; TWI = 67.9
11th Dec 24, 7:21am
89
US sentiment rises; China's export growth stalls; markets shun China stimulus plans; RBA turns dovish; Aussie business sentiment slips; UST 10yr at 4.24%; gold up and oil on hold; NZ$1 = 58 USc; TWI = 67.9
[updated]
A review of things you need to know before you sign off on Tuesday; housing values stay flat, casino and supermarkets dragged to court, retail shows some good signs, farmers happier except with banks, swaps & NZD stable, & more
10th Dec 24, 4:00pm
59
A review of things you need to know before you sign off on Tuesday; housing values stay flat, casino and supermarkets dragged to court, retail shows some good signs, farmers happier except with banks, swaps & NZD stable, & more
US inflation expectations firm; China CPI flirts with deflation; China to roll out more aggressive stimulus; India rupee hits new low; Aussie pay up sharply; UST 10yr at 4.20%; gold and oil up; NZ$1 = 58.8 USc; TWI = 68.4
10th Dec 24, 7:20am
42
US inflation expectations firm; China CPI flirts with deflation; China to roll out more aggressive stimulus; India rupee hits new low; Aussie pay up sharply; UST 10yr at 4.20%; gold and oil up; NZ$1 = 58.8 USc; TWI = 68.4
[updated]
A review of things you need to know before you sign off on Monday; more rate cuts & hikes, no rent growth, home loan rate strategies diverge, AT1 on way out, markets mark down ANZ transition, swaps stable, NZD on hold, & more
9th Dec 24, 3:59pm
83
A review of things you need to know before you sign off on Monday; more rate cuts & hikes, no rent growth, home loan rate strategies diverge, AT1 on way out, markets mark down ANZ transition, swaps stable, NZD on hold, & more
Kiwibank joins BNZ with some home loan rate cuts and hikes, matched with term deposit rate cuts (but no hikes)
9th Dec 24, 10:54am
14
Kiwibank joins BNZ with some home loan rate cuts and hikes, matched with term deposit rate cuts (but no hikes)
Eyes on key central bank rate decisions; US payrolls stay strong; US personal debt rises; India holds: OECD sees more trade uncertainty; Elliott's reign nears end; UST 10yr at 4.15%; gold and oil soft; NZ$1 = 58.3 USc; TWI = 68
9th Dec 24, 7:19am
40
Eyes on key central bank rate decisions; US payrolls stay strong; US personal debt rises; India holds: OECD sees more trade uncertainty; Elliott's reign nears end; UST 10yr at 4.15%; gold and oil soft; NZ$1 = 58.3 USc; TWI = 68
US employment expands but inflation concerns also rise post-election; Canada eyes -50 bps rate cut; China mortgage rates fall; India central bank holds its rate; UST 10yr at 4.15%; gold and oil soft; NZ$1 = 58.3 USc; TWI = 68
7th Dec 24, 8:49am
44
US employment expands but inflation concerns also rise post-election; Canada eyes -50 bps rate cut; China mortgage rates fall; India central bank holds its rate; UST 10yr at 4.15%; gold and oil soft; NZ$1 = 58.3 USc; TWI = 68
A review of things you need to know before you sign off on Friday; BNZ exits another 5% TD rate, home ownership rises, Revolut wants banking license, more public debt, swaps and NZD stable, bitcoin slips back, & more
6th Dec 24, 4:00pm
57
A review of things you need to know before you sign off on Friday; BNZ exits another 5% TD rate, home ownership rises, Revolut wants banking license, more public debt, swaps and NZD stable, bitcoin slips back, & more
US data generally positive ahead of non-farm payrolls report; EU retail surprises with volume growth; container freight rates rise, bulk cargo rates dive; UST 10yr at 4.18%; gold and oil lower; NZ$1 = 58.7 USc; TWI = 68.3
6th Dec 24, 7:19am
98
US data generally positive ahead of non-farm payrolls report; EU retail surprises with volume growth; container freight rates rise, bulk cargo rates dive; UST 10yr at 4.18%; gold and oil lower; NZ$1 = 58.7 USc; TWI = 68.3
A review of things you need to know before you sign off on Thursday; milk payout prices up, construction weak, housing 'holding', Crown accounts drag, NZGB tender get high demand, swaps stable, NZD holds, & more
5th Dec 24, 3:59pm
115
A review of things you need to know before you sign off on Thursday; milk payout prices up, construction weak, housing 'holding', Crown accounts drag, NZGB tender get high demand, swaps stable, NZD holds, & more
US economic data quite positive again; global services sectors expanding; South Korea stabilises; Aussie GDP weak; UST 10yr at 4.20%; gold and oil little-changed; NZ$1 = 58.7 USc; TWI = 68.3
5th Dec 24, 7:19am
65
US economic data quite positive again; global services sectors expanding; South Korea stabilises; Aussie GDP weak; UST 10yr at 4.20%; gold and oil little-changed; NZ$1 = 58.7 USc; TWI = 68.3
A review of things you need to know before you sign off on Wednesday; Fixed home loan rates get new low offers, house asking prices down, WMP shines in dairy auction, swaps and NZD stable, and much, much more
4th Dec 24, 3:59pm
57
A review of things you need to know before you sign off on Wednesday; Fixed home loan rates get new low offers, house asking prices down, WMP shines in dairy auction, swaps and NZD stable, and much, much more
[updated]
With swap rates probably falling about as far as they will go, but more OCR cuts coming, saver preferences for short term deposits will likely mean they are facing sharply lower offer rates
4th Dec 24, 12:12pm
11
With swap rates probably falling about as far as they will go, but more OCR cuts coming, saver preferences for short term deposits will likely mean they are facing sharply lower offer rates
Online mortgage bank Heartland pushes all its fixed home loan rates down to the lowest level of any bank
4th Dec 24, 10:02am
12
Online mortgage bank Heartland pushes all its fixed home loan rates down to the lowest level of any bank