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
A review of things you need to know before you go home on Tuesday; no retail rate changes today, RMA reform a bipartisan project, few farms sell, fewer lifestyle blocks, eyes on dairy prices, swaps stay up, NZD firms, & more
19th Oct 21, 3:59pm
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A review of things you need to know before you go home on Tuesday; no retail rate changes today, RMA reform a bipartisan project, few farms sell, fewer lifestyle blocks, eyes on dairy prices, swaps stay up, NZD firms, & more
US industrial production slips; Chinese data weak with more to downgrades to come; Chinese property stutters; India expanding strongly; UST 10yr 1.58%, oil and gold slip; NZ$1 = 70.8 USc; TWI-5 = 74.5
19th Oct 21, 7:19am
51
US industrial production slips; Chinese data weak with more to downgrades to come; Chinese property stutters; India expanding strongly; UST 10yr 1.58%, oil and gold slip; NZ$1 = 70.8 USc; TWI-5 = 74.5
A much larger rise in inflation, especially tradable inflation, has turbocharged wholesale swap rates with more in prospect, signaling giant mortgage rates are ahead
18th Oct 21, 6:20pm
104
A much larger rise in inflation, especially tradable inflation, has turbocharged wholesale swap rates with more in prospect, signaling giant mortgage rates are ahead
A review of things you need to know before you go home on Monday; wholesale interest rates leap on surprisingly high CPI, PSI less terrible, consumer saving sentiment, China falters, swaps take off, NZD firms, & more
18th Oct 21, 4:01pm
20
A review of things you need to know before you go home on Monday; wholesale interest rates leap on surprisingly high CPI, PSI less terrible, consumer saving sentiment, China falters, swaps take off, NZD firms, & more
Energy shortages drive some key commodity prices higher; China sends anti-corruption units to all main banks; US retail sales strong; Aussies to adopt a carbon goal; UST 10yr 1.57%, oil up and gold slips; NZ$1 = 70.7 USc; TWI-5 = 74.4
18th Oct 21, 7:19am
60
Energy shortages drive some key commodity prices higher; China sends anti-corruption units to all main banks; US retail sales strong; Aussies to adopt a carbon goal; UST 10yr 1.57%, oil up and gold slips; NZ$1 = 70.7 USc; TWI-5 = 74.4
US retail sales surge, but the consumer mood stays hesitant; countries scramble to lock in winter fuel deals; Evergrande on official Chinese minds; UST 10yr 1.58%, oil up and gold down; NZ$1 = 70.7 USc; TWI-5 = 74.4
16th Oct 21, 8:45am
89
US retail sales surge, but the consumer mood stays hesitant; countries scramble to lock in winter fuel deals; Evergrande on official Chinese minds; UST 10yr 1.58%, oil up and gold down; NZ$1 = 70.7 USc; TWI-5 = 74.4
Not only are wholesale rates rising, but banks are coming out of a period where their mortgage margins have been suppressed. Expect the new round of rate hikes to do some catch-up
15th Oct 21, 4:23pm
5
Not only are wholesale rates rising, but banks are coming out of a period where their mortgage margins have been suppressed. Expect the new round of rate hikes to do some catch-up
A review of things you need to know before you go home on Friday; some more key rate changes, PMI recovers, air quality improves, La Nina back, swaps up, NZD firmer, & more
15th Oct 21, 3:59pm
26
A review of things you need to know before you go home on Friday; some more key rate changes, PMI recovers, air quality improves, La Nina back, swaps up, NZD firmer, & more
US jobless claims retreat, US PPI stays very high; China PPI still rising; supply-chain problems get worse; China housing on edge; Aussie jobs shrink; UST 10yr 1.52%, oil and gold firm; NZ$1 = 70.3 USc; TWI-5 = 73.9
15th Oct 21, 7:19am
76
US jobless claims retreat, US PPI stays very high; China PPI still rising; supply-chain problems get worse; China housing on edge; Aussie jobs shrink; UST 10yr 1.52%, oil and gold firm; NZ$1 = 70.3 USc; TWI-5 = 73.9
A review of things you need to know before you go home on Thursday; some chunky retail rate changes, house prices fall, NZGBs out of favour, Jardens cops OMF censure, swaps hold, NZD firms, & more
14th Oct 21, 3:59pm
36
A review of things you need to know before you go home on Thursday; some chunky retail rate changes, house prices fall, NZGBs out of favour, Jardens cops OMF censure, swaps hold, NZD firms, & more
Wholesale rate pressure has pushed one of our largest home loan lenders to raise some key fixed rates and setting their market offerings as the highest available
14th Oct 21, 12:29pm
21
Wholesale rate pressure has pushed one of our largest home loan lenders to raise some key fixed rates and setting their market offerings as the highest available
US CPI inflation higher; Fed minutes point to QE end in 2022; China exports surprisingly strong; NSW eyes big immigration push; UST 10yr 1.55%, oil holds but gold jumps; NZ$1 = 69.6 USc; TWI-5 = 73.3
14th Oct 21, 7:25am
33
US CPI inflation higher; Fed minutes point to QE end in 2022; China exports surprisingly strong; NSW eyes big immigration push; UST 10yr 1.55%, oil holds but gold jumps; NZ$1 = 69.6 USc; TWI-5 = 73.3
A review of things you need to know before you go home on Wednesday; more retail rate rises, food prices jump, business costs jump, rents up, Aussie Covid deaths rise, swaps flatter, NZD stable, & more
13th Oct 21, 3:59pm
52
A review of things you need to know before you go home on Wednesday; more retail rate rises, food prices jump, business costs jump, rents up, Aussie Covid deaths rise, swaps flatter, NZD stable, & more
IMF trims global growth forecast; US inflation expectations higher; China car sales slump; China & India power crisis lingers, Aussie business confidence up; UST 10yr 1.58%, oil slips but gold firm; NZ$1 = 69.4 USc; TWI-5 = 73.2
13th Oct 21, 7:24am
41
IMF trims global growth forecast; US inflation expectations higher; China car sales slump; China & India power crisis lingers, Aussie business confidence up; UST 10yr 1.58%, oil slips but gold firm; NZ$1 = 69.4 USc; TWI-5 = 73.2
A review of things you need to know before you go home on Tuesday; more minor retail rate rises, Crown financials strong, truckometer signals unreliable, retail spending still weak, swaps still rising, NZD stable, & more
12th Oct 21, 3:59pm
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A review of things you need to know before you go home on Tuesday; more minor retail rate rises, Crown financials strong, truckometer signals unreliable, retail spending still weak, swaps still rising, NZD stable, & more
Oil and aluminium prices rise; Japanese machine tool orders strong; China property woes spread to their whole bond market; Nobel prizes awarded in economics; UST 10yr 1.61%, oil rises but gold stable; NZ$1 = 69.5 USc; TWI-5 = 73.2
12th Oct 21, 7:19am
79
Oil and aluminium prices rise; Japanese machine tool orders strong; China property woes spread to their whole bond market; Nobel prizes awarded in economics; UST 10yr 1.61%, oil rises but gold stable; NZ$1 = 69.5 USc; TWI-5 = 73.2
A review of things you need to know before you go home on Monday; Simplicity raises its floating rate by +35 bps, Firma censured, rents up, Drylie leaving, swaps up and steeper, NZD unchanged, & more
11th Oct 21, 3:59pm
60
A review of things you need to know before you go home on Monday; Simplicity raises its floating rate by +35 bps, Firma censured, rents up, Drylie leaving, swaps up and steeper, NZD unchanged, & more
OECD agrees tax reform; China services recover but floods pose new risks; US jobs growth better than it looks; RBA warns on cyber risk and housing risk; UST 10yr 1.61%, oil firm and gold stable; NZ$1 = 69.3 USc; TWI-5 = 73
11th Oct 21, 7:19am
43
OECD agrees tax reform; China services recover but floods pose new risks; US jobs growth better than it looks; RBA warns on cyber risk and housing risk; UST 10yr 1.61%, oil firm and gold stable; NZ$1 = 69.3 USc; TWI-5 = 73
US jobs growth disappoints; Canada jobs growth impresses; China services recover; Taiwan exports impress; OECD agrees tax reform; RBA warns on cyber risk; UST 10yr 1.60%, oil and gold stable; NZ$1 = 69.3 USc; TWI-5 = 73
9th Oct 21, 8:30am
27
US jobs growth disappoints; Canada jobs growth impresses; China services recover; Taiwan exports impress; OECD agrees tax reform; RBA warns on cyber risk; UST 10yr 1.60%, oil and gold stable; NZ$1 = 69.3 USc; TWI-5 = 73
A review of things you need to know before you go home on Friday; BNZ raises its floating rate, petrol price near all-time high, Visa adds BNPL, China service sector recovers, swaps steepen, NZD firms, & more
8th Oct 21, 3:59pm
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A review of things you need to know before you go home on Friday; BNZ raises its floating rate, petrol price near all-time high, Visa adds BNPL, China service sector recovers, swaps steepen, NZD firms, & more
BNZ follows ANZ and raises its floating mortgage rate by less than the RBNZ OCR increase, completing adjustments from the main banks. But the challenger banks are all yet to follow
8th Oct 21, 10:46am
12
BNZ follows ANZ and raises its floating mortgage rate by less than the RBNZ OCR increase, completing adjustments from the main banks. But the challenger banks are all yet to follow
US jobless claims fall ahead of non-farm payrolls data; China's FX reserves stable; China worries about economic long Covid; container freight rates pass their peak; UST 10yr 1.57%, oil firm and gold stable; NZ$1 = 69.3 USc; TWI-5 = 73
8th Oct 21, 7:23am
102
US jobless claims fall ahead of non-farm payrolls data; China's FX reserves stable; China worries about economic long Covid; container freight rates pass their peak; UST 10yr 1.57%, oil firm and gold stable; NZ$1 = 69.3 USc; TWI-5 = 73
A review of things you need to know before you go home on Thursday; OCR hikes dribble through, faster pace for new dwellings, big support for latest NZGB tenders, NZSF makes big bet, swaps mixed, NZD soft, & more
7th Oct 21, 3:59pm
28
A review of things you need to know before you go home on Thursday; OCR hikes dribble through, faster pace for new dwellings, big support for latest NZGB tenders, NZSF makes big bet, swaps mixed, NZD soft, & more
US jobs outlook brighter; US home loan activity weakens; energy crisis spreads globally; EU retail growth stalls; APRA tackles housing risks; UST 10yr 1.53%, oil soft and gold stable; NZ$1 = 69 USc; TWI-5 = 72.9
7th Oct 21, 7:19am
81
US jobs outlook brighter; US home loan activity weakens; energy crisis spreads globally; EU retail growth stalls; APRA tackles housing risks; UST 10yr 1.53%, oil soft and gold stable; NZ$1 = 69 USc; TWI-5 = 72.9
A review of things you need to know before you go home on Wednesday; OCR hiked, some banks follow with rises, NZ Fintech company 'failure', dairy prices hold, swaps higher, NZD wobbles, & more
6th Oct 21, 3:59pm
31
A review of things you need to know before you go home on Wednesday; OCR hiked, some banks follow with rises, NZ Fintech company 'failure', dairy prices hold, swaps higher, NZD wobbles, & more