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
Commodity prices jump, except iron ore; huge wealth transfers follow; US data good, except for debt limit; variable GDP gains elsewhere; UST 10yr 1.23%, oil and gold up; NZ$1 = 69.7 USc; TWI-5 = 72.6
2nd Aug 21, 7:20am
14
Commodity prices jump, except iron ore; huge wealth transfers follow; US data good, except for debt limit; variable GDP gains elsewhere; UST 10yr 1.23%, oil and gold up; NZ$1 = 69.7 USc; TWI-5 = 72.6
Mixed US data, some very strong; Canada, Hong Kong, Taiwan, German and the EU report Q2 GDP; China slips out some negative news; iron ore price slumps; UST 10yr 1.23%, oil up but gold price retreats; NZ$1 = 69.6 USc; TWI-5 = 72.5
31st Jul 21, 8:50am
39
Mixed US data, some very strong; Canada, Hong Kong, Taiwan, German and the EU report Q2 GDP; China slips out some negative news; iron ore price slumps; UST 10yr 1.23%, oil up but gold price retreats; NZ$1 = 69.6 USc; TWI-5 = 72.5
A review of things you need to know before you go home on Friday; more retail rate rises, record dwelling consent levels, high inflation expectations, higher housing debt, lower business borrowing, swaps stable, NZD firm, & more
30th Jul 21, 3:59pm
21
A review of things you need to know before you go home on Friday; more retail rate rises, record dwelling consent levels, high inflation expectations, higher housing debt, lower business borrowing, swaps stable, NZD firm, & more
US grows fast but less than expected; US inflation up faster; new jobless claims stay high; German inflation high; aircargo expands fast; Sydney jobs at risk; UST 10yr 1.27%, oil up and gold price jumps; NZ$1 = 70.1 USc; TWI-5 = 72.8
30th Jul 21, 7:22am
28
US grows fast but less than expected; US inflation up faster; new jobless claims stay high; German inflation high; aircargo expands fast; Sydney jobs at risk; UST 10yr 1.27%, oil up and gold price jumps; NZ$1 = 70.1 USc; TWI-5 = 72.8
A review of things you need to know before you go home on Thursday; no retail rate changes, inflation rising, AIA admits poor conduct, FHBs win more housing, supermarkets in the gun, swaps stable, NZD firmer, & more
29th Jul 21, 3:59pm
15
A review of things you need to know before you go home on Thursday; no retail rate changes, inflation rising, AIA admits poor conduct, FHBs win more housing, supermarkets in the gun, swaps stable, NZD firmer, & more
US Fed delivers upbeat assessment; US trade deficit swells; mixed corporate results; US mortgage rates fall; Australia CPI high; UST 10yr 1.26%, oil up and gold slips; NZ$1 = 69.3 USc; TWI-5 = 72.3
29th Jul 21, 7:23am
47
US Fed delivers upbeat assessment; US trade deficit swells; mixed corporate results; US mortgage rates fall; Australia CPI high; UST 10yr 1.26%, oil up and gold slips; NZ$1 = 69.3 USc; TWI-5 = 72.3
A review of things you need to know before you go home on Wednesday; sub 2% mortgage rates gone, TD rates rise, jobs momentum builds, no foreigners driving housing frenzy, swaps flat, NZD soft, & more
28th Jul 21, 3:59pm
25
A review of things you need to know before you go home on Wednesday; sub 2% mortgage rates gone, TD rates rise, jobs momentum builds, no foreigners driving housing frenzy, swaps flat, NZD soft, & more
US durable goods orders underwhelm but confidence up; Chinese industrial profits up; but IMF downgrades emerging Asia, upgrades developed economies; UST 10yr 1.24%, oil slips and gold up; NZ$1 = 69.6 USc; TWI-5 = 72.5
28th Jul 21, 7:21am
22
US durable goods orders underwhelm but confidence up; Chinese industrial profits up; but IMF downgrades emerging Asia, upgrades developed economies; UST 10yr 1.24%, oil slips and gold up; NZ$1 = 69.6 USc; TWI-5 = 72.5
A review of things you need to know before you go home on Tuesday; some minor TD changes, imposter scam warning, household inflation low and even, Christchurch house building strong, swaps & NZD stable, & more
27th Jul 21, 3:59pm
34
A review of things you need to know before you go home on Tuesday; some minor TD changes, imposter scam warning, household inflation low and even, Christchurch house building strong, swaps & NZD stable, & more
US new home sales tumble; Dallas Fed survey slips; China flood cleanup buoys commodities; China spooks equity investors; UST 10yr 1.27%, oil and gold dip; NZ$1 = 70 USc; TWI-5 = 73
27th Jul 21, 7:19am
73
US new home sales tumble; Dallas Fed survey slips; China flood cleanup buoys commodities; China spooks equity investors; UST 10yr 1.27%, oil and gold dip; NZ$1 = 70 USc; TWI-5 = 73
A review of things you need to know before you go home on Monday: Kiwibank raises TD rates; exports swell, importing less from the US, another $100 mln via the FLP, June mortgage interest a record low, swaps lower, NZD holds, & more
26th Jul 21, 3:59pm
30
A review of things you need to know before you go home on Monday: Kiwibank raises TD rates; exports swell, importing less from the US, another $100 mln via the FLP, June mortgage interest a record low, swaps lower, NZD holds, & more
Iron ore drops; Baltic Dry index flatlines, but container rates rise again; US and EU PMIs in high expansion; But services sectors waver; G20 ignore climate calls; UST 10yr 1.28%, oil up and gold holds; NZ$1 = 69.7 USc; TWI-5 = 72.9
26th Jul 21, 7:19am
65
Iron ore drops; Baltic Dry index flatlines, but container rates rise again; US and EU PMIs in high expansion; But services sectors waver; G20 ignore climate calls; UST 10yr 1.28%, oil up and gold holds; NZ$1 = 69.7 USc; TWI-5 = 72.9
Yellen warns on new US debt ceiling crisis; strong PMIs in West; weather extremes raise coal demand; container prices spike higher; UST 10yr 1.29%, oil up and gold slips; NZ$1 = 69.8 USc; TWI-5 = 72.9
24th Jul 21, 8:31am
37
Yellen warns on new US debt ceiling crisis; strong PMIs in West; weather extremes raise coal demand; container prices spike higher; UST 10yr 1.29%, oil up and gold slips; NZ$1 = 69.8 USc; TWI-5 = 72.9
A review of things you need to know before you go home on Friday; more retail rate changes, TT bubble closed again, IAG stumbles, Aussie PMIs droop, swaps flatten, NZD firm, & more
23rd Jul 21, 3:59pm
35
A review of things you need to know before you go home on Friday; more retail rate changes, TT bubble closed again, IAG stumbles, Aussie PMIs droop, swaps flatten, NZD firm, & more
US jobless claims rise; some factory data very positive; crop output wavers; new China flood threat; ECB stays dovish; Aussie exports boom; UST 10yr 1.26%, oil and gold up; NZ$1 = 69.7 USc; TWI-5 = 72.8
23rd Jul 21, 7:19am
34
US jobless claims rise; some factory data very positive; crop output wavers; new China flood threat; ECB stays dovish; Aussie exports boom; UST 10yr 1.26%, oil and gold up; NZ$1 = 69.7 USc; TWI-5 = 72.8
A review of things you need to know before you go home on Thursday; some rare FHB good news, insurers fail culture review, TSB fines for AML lapses, net worth jumps, swaps flatter, NZD firms, & more
22nd Jul 21, 3:59pm
22
A review of things you need to know before you go home on Thursday; some rare FHB good news, insurers fail culture review, TSB fines for AML lapses, net worth jumps, swaps flatter, NZD firms, & more
US life expectancy slips; US rents surge; China's flood risks rise with pandemic spread; Japan exports surge; recession fears grow in Australia; UST 10yr 1.29%, oil up and gold down; NZ$1 = 69.7 USc; TWI-5 = 72.8
22nd Jul 21, 7:19am
47
US life expectancy slips; US rents surge; China's flood risks rise with pandemic spread; Japan exports surge; recession fears grow in Australia; UST 10yr 1.29%, oil up and gold down; NZ$1 = 69.7 USc; TWI-5 = 72.8
A review of things you need to know before you go home on Wednesday; ANZ raises TD rates, dairy prices down, inflation tipped to go higher, swaps flatten, NZD softer, & more
21st Jul 21, 3:59pm
26
A review of things you need to know before you go home on Wednesday; ANZ raises TD rates, dairy prices down, inflation tipped to go higher, swaps flatten, NZD softer, & more
Dairy prices fall again; US new housebuilding completions lag; China's weather causing trouble; Taiwan export orders surge; German PPI high; UST 10yr 1.22%, oil and gold hold; NZ$1 = 69.2 USc; TWI-5 = 72.3
21st Jul 21, 7:24am
30
Dairy prices fall again; US new housebuilding completions lag; China's weather causing trouble; Taiwan export orders surge; German PPI high; UST 10yr 1.22%, oil and gold hold; NZ$1 = 69.2 USc; TWI-5 = 72.3
New Zealand's largest bank comes through with some modest term deposit rises, essentially matching those its rivals have already adopted. Just ignore the inflation comparison (and tax) to remain sane
20th Jul 21, 5:50pm
20
New Zealand's largest bank comes through with some modest term deposit rises, essentially matching those its rivals have already adopted. Just ignore the inflation comparison (and tax) to remain sane
A review of things you need to know before you go home on Tuesday; big realtor commissions, Fitch upgrades banks, ESG goes mainstream, APRA waves through big bank capital returns, swaps flatter, NZD falls, & more
20th Jul 21, 3:59pm
24
A review of things you need to know before you go home on Tuesday; big realtor commissions, Fitch upgrades banks, ESG goes mainstream, APRA waves through big bank capital returns, swaps flatter, NZD falls, & more
Markets recoil on realisation the delta variant will hurt economies badly; China MSS attacks Microsoft email; commodity price outlook wobbly; UST 10yr 1.18%, oil dives and gold retreats; NZ$1 = 69.3 USc; TWI-5 = 72.4
20th Jul 21, 7:19am
89
Markets recoil on realisation the delta variant will hurt economies badly; China MSS attacks Microsoft email; commodity price outlook wobbly; UST 10yr 1.18%, oil dives and gold retreats; NZ$1 = 69.3 USc; TWI-5 = 72.4
A review of things you need to know before you go home on Monday; many more retail rate changes, PSI expands faster, MM high but steady, tractor market almost dies, swaps flatten further, NZD soft, & more
19th Jul 21, 3:59pm
44
A review of things you need to know before you go home on Monday; many more retail rate changes, PSI expands faster, MM high but steady, tractor market almost dies, swaps flatten further, NZD soft, & more
Steel demand rising just as supply constraints mount; China starts carbon trading; US data disappoints; Hong Kong being shunted to sidelines; UST 10yr 1.30%, oil and gold stable; NZ$1 = 70 USc; TWI-5 = 73
19th Jul 21, 7:19am
85
Steel demand rising just as supply constraints mount; China starts carbon trading; US data disappoints; Hong Kong being shunted to sidelines; UST 10yr 1.30%, oil and gold stable; NZ$1 = 70 USc; TWI-5 = 73
Both home loan and term deposit rates have been moving, mostly up. We present tables that make it easy to compare who has moved what and by how much this past week
17th Jul 21, 1:41pm
13
Both home loan and term deposit rates have been moving, mostly up. We present tables that make it easy to compare who has moved what and by how much this past week