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 retail sales stutter; US sentiment hit by inflation; Hong Kong in a vice; commodity prices stay high, except for food; China opens carbon trading market; UST 10yr 1.29%, oil and gold retreat; NZ$1 = 70.1 USc; TWI-5 = 73
17th Jul 21, 8:28am
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US retail sales stutter; US sentiment hit by inflation; Hong Kong in a vice; commodity prices stay high, except for food; China opens carbon trading market; UST 10yr 1.29%, oil and gold retreat; NZ$1 = 70.1 USc; TWI-5 = 73
A review of things you need to know before you go home on Friday; many big mortgage rate changes, one cut, factories expanding faster, prices rising faster, swaps up, NZD stable, & more
16th Jul 21, 3:59pm
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A review of things you need to know before you go home on Friday; many big mortgage rate changes, one cut, factories expanding faster, prices rising faster, swaps up, NZD stable, & more
Kiwibank says it will cut a key fixed mortgage rate by -6 bps on Monday after others are raising theirs - but they will also raised their low floating rate by +35 bps
16th Jul 21, 2:23pm
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Kiwibank says it will cut a key fixed mortgage rate by -6 bps on Monday after others are raising theirs - but they will also raised their low floating rate by +35 bps
New Zealand's largest home loan lender follows ASB with its own rate hike along with Westpac and BNZ, so the window for grabbing cycle-low fixed mortgage rates is closing fast
16th Jul 21, 8:05am
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New Zealand's largest home loan lender follows ASB with its own rate hike along with Westpac and BNZ, so the window for grabbing cycle-low fixed mortgage rates is closing fast
American factories expanding fast; South Korea bullish; China's expansion slows; Aussie jobs growth threatened; Xi to 'attend' Auckland APEC meeting; UST 10yr 1.30%, oil slips and gold rises; NZ$1 = 69.7 USc; TWI-5 = 72.6
16th Jul 21, 7:19am
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American factories expanding fast; South Korea bullish; China's expansion slows; Aussie jobs growth threatened; Xi to 'attend' Auckland APEC meeting; UST 10yr 1.30%, oil slips and gold rises; NZ$1 = 69.7 USc; TWI-5 = 72.6
A review of things you need to know before you go home on Thursday; ASB out there alone, high Auckland new build activity, jobless benefit levels slip, swap rates rise again, NZD eases, & more
15th Jul 21, 3:59pm
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A review of things you need to know before you go home on Thursday; ASB out there alone, high Auckland new build activity, jobless benefit levels slip, swap rates rise again, NZD eases, & more
US Beige Book reports growth and price pressures; Bank of Canada mimics RBNZ; China FDI higher; EU adopts tough climate standards; Aussie bruised by pandemic return; UST 10yr 1.36%, oil slips and gold rises; NZ$1 = 70.3 USc; TWI-5 = 73.1
15th Jul 21, 7:19am
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US Beige Book reports growth and price pressures; Bank of Canada mimics RBNZ; China FDI higher; EU adopts tough climate standards; Aussie bruised by pandemic return; UST 10yr 1.36%, oil slips and gold rises; NZ$1 = 70.3 USc; TWI-5 = 73.1
A review of things you need to know before you go home on Wednesday; big mortgage rate hikes, some TD rises, BIG RBNZ signals, migration dead in the water, virus spreads in Australia, swaps jump, NZD rises, & more
14th Jul 21, 3:59pm
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A review of things you need to know before you go home on Wednesday; big mortgage rate hikes, some TD rises, BIG RBNZ signals, migration dead in the water, virus spreads in Australia, swaps jump, NZD rises, & more
Term deposit rates are moving up, but not to levels for fixed terms that will attract many savers. However the lowest point may have past
14th Jul 21, 11:01am
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Term deposit rates are moving up, but not to levels for fixed terms that will attract many savers. However the lowest point may have past
The run of lower and lower mortgage rates may be ending with major ASB pushing through some chunky home loan rate hikes, along with some TD rate rises
14th Jul 21, 9:04am
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The run of lower and lower mortgage rates may be ending with major ASB pushing through some chunky home loan rate hikes, along with some TD rate rises
US inflation jumps; US budget deficit shrinks; China's exports swell; Europe inflation modest; Aussie business confidence knocked; UST 10yr 1.41%, oil up and gold down; NZ$1 = 69.5 USc; TWI-5 = 72.4
14th Jul 21, 7:19am
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US inflation jumps; US budget deficit shrinks; China's exports swell; Europe inflation modest; Aussie business confidence knocked; UST 10yr 1.41%, oil up and gold down; NZ$1 = 69.5 USc; TWI-5 = 72.4
A review of things you need to know before you go home on Tuesday; house prices flat, sales volumes high, food prices & rental prices rise, eyes on CPI, swaps and NZD hold, & more
13th Jul 21, 3:59pm
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A review of things you need to know before you go home on Tuesday; house prices flat, sales volumes high, food prices & rental prices rise, eyes on CPI, swaps and NZD hold, & more
US inflation expectations rise; UST yields slip; India inflation rises; Japanese machinery orders jump again; NSW making no progress yet; UST 10yr 1.36%, oil and gold dip; NZ$1 = 69.8 USc; TWI-5 = 72.5
13th Jul 21, 7:22am
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US inflation expectations rise; UST yields slip; India inflation rises; Japanese machinery orders jump again; NSW making no progress yet; UST 10yr 1.36%, oil and gold dip; NZ$1 = 69.8 USc; TWI-5 = 72.5
A review of things you need to know before you go home on Monday; retail sales gains go timid, social housing register bursts higher, farmers grumpy, swaps soft & flatter, NZD slips, & more
12th Jul 21, 4:10pm
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A review of things you need to know before you go home on Monday; retail sales gains go timid, social housing register bursts higher, farmers grumpy, swaps soft & flatter, NZD slips, & more
Global food prices dip; China cuts RRR; China car sales retreat; China CPI slips; US MPS sees blockages; NSW stumbles on pandemic response; UST 10yr 1.36%, oil stable and gold dips; NZ$1 = 70 USc; TWI-5 = 72.6
12th Jul 21, 7:19am
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Global food prices dip; China cuts RRR; China car sales retreat; China CPI slips; US MPS sees blockages; NSW stumbles on pandemic response; UST 10yr 1.36%, oil stable and gold dips; NZ$1 = 70 USc; TWI-5 = 72.6
Deficit spending that pays for current consumption is just a wealth transfer from future taxpayers to current consumers. Economist Larry Kitlikoff et al say accumulating debt to pay for current expenses is like a Ponzi scheme
10th Jul 21, 6:24pm
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Deficit spending that pays for current consumption is just a wealth transfer from future taxpayers to current consumers. Economist Larry Kitlikoff et al say accumulating debt to pay for current expenses is like a Ponzi scheme
US to tackle big corporates; China cuts its bank reserve requirements; China's CPI slips; global food prices slip off highs; Sydney lockdown tightens; UST 10yr 1.36%, oil and gold up; NZ$1 = 69.9 USc; TWI-5 = 72.6
10th Jul 21, 8:10am
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US to tackle big corporates; China cuts its bank reserve requirements; China's CPI slips; global food prices slip off highs; Sydney lockdown tightens; UST 10yr 1.36%, oil and gold up; NZ$1 = 69.9 USc; TWI-5 = 72.6
A review of things you need to know before you go home on Friday; some minor rate changes, 'economy strained', NSW arrives must again quarantine, rate hike expectations rise, swaps stable, NZD soft, & more
9th Jul 21, 3:59pm
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A review of things you need to know before you go home on Friday; some minor rate changes, 'economy strained', NSW arrives must again quarantine, rate hike expectations rise, swaps stable, NZD soft, & more
Financial markets recoil on bond squeeze; US consumer debt surges; ECB adopts climate change policies; Australia eyes new macropru actions; UST 10yr 1.29%, oil and gold hold; NZ$1 = 69.5 USc; TWI-5 = 72.3
9th Jul 21, 7:21am
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Financial markets recoil on bond squeeze; US consumer debt surges; ECB adopts climate change policies; Australia eyes new macropru actions; UST 10yr 1.29%, oil and gold hold; NZ$1 = 69.5 USc; TWI-5 = 72.3
Unprecedented rise in the total 'value' of our housing stock over the past year sees it streaking up 40 times faster than the rise in total economic activity, even though it too has jumped in the pandemic recovery
8th Jul 21, 4:54pm
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Unprecedented rise in the total 'value' of our housing stock over the past year sees it streaking up 40 times faster than the rise in total economic activity, even though it too has jumped in the pandemic recovery
A review of things you need to know before you go home on Thursday; TSB raises TD rates, job ads at record high, GDP a poor cousin to house values, swaps fallen further, NZD softens, & more
8th Jul 21, 3:59pm
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A review of things you need to know before you go home on Thursday; TSB raises TD rates, job ads at record high, GDP a poor cousin to house values, swaps fallen further, NZD softens, & more
US Fed prepares for tapering and rate rises; US vehicle sales lower; US Q2 GDP roaring; China signals RRR cut, China singles out Australia again; UST 10yr 1.32%, oil down and gold up; NZ$1 = 70.2 USc; TWI-5 = 73
8th Jul 21, 7:22am
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US Fed prepares for tapering and rate rises; US vehicle sales lower; US Q2 GDP roaring; China signals RRR cut, China singles out Australia again; UST 10yr 1.32%, oil down and gold up; NZ$1 = 70.2 USc; TWI-5 = 73
A review of things you need to know before you go home on Wednesday; dairy prices slip, another vaccine approved, investors confident, QV wonders if market turning, short swaps stay up, NZD softer, & more
7th Jul 21, 3:59pm
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A review of things you need to know before you go home on Wednesday; dairy prices slip, another vaccine approved, investors confident, QV wonders if market turning, short swaps stay up, NZD softer, & more
Dairy prices slide; US services PMI off it highs; German sentiment slips; EU retail sales rise; China readies a retirement age rise; RBA starts QE windback; UST 10yr 1.37%, oil sinks but gold up; NZ$1 = 70.1 USc; TWI-5 = 72.9
7th Jul 21, 7:21am
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Dairy prices slide; US services PMI off it highs; German sentiment slips; EU retail sales rise; China readies a retirement age rise; RBA starts QE windback; UST 10yr 1.37%, oil sinks but gold up; NZ$1 = 70.1 USc; TWI-5 = 72.9
A review of things you need to know before you go home on Tuesday; another $0.5 bln in FLP, auction clearances high, QSBO strong, Westpac sells life insurance business, swaps up, NZD jumps, & more
6th Jul 21, 3:59pm
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A review of things you need to know before you go home on Tuesday; another $0.5 bln in FLP, auction clearances high, QSBO strong, Westpac sells life insurance business, swaps up, NZD jumps, & more