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
Dairy prices fall, except WMP; US data strong; South Korea in crisis; China touts return of housing markets; French political crisis comes to a head; UST 10yr at 4.20%; gold and oil firmer; NZ$1 = 58.8 USc; TWI = 68.3
4th Dec 24, 7:19am
40
Dairy prices fall, except WMP; US data strong; South Korea in crisis; China touts return of housing markets; French political crisis comes to a head; UST 10yr at 4.20%; gold and oil firmer; NZ$1 = 58.8 USc; TWI = 68.3
A review of things you need to know before you sign off on Tuesday; mortgage curve loses its inversion, Barfoots talk up November results, Centrix highlights hard-hit sectors, another milk payout rises, swaps & NZD little-changed, & more
3rd Dec 24, 3:58pm
44
A review of things you need to know before you sign off on Tuesday; mortgage curve loses its inversion, Barfoots talk up November results, Centrix highlights hard-hit sectors, another milk payout rises, swaps & NZD little-changed, & more
Although BNZ's latest home loan rate moves are not to especially unique levels, their raising of rates at the long end signal a different shape in the rate curves
3rd Dec 24, 8:44am
15
Although BNZ's latest home loan rate moves are not to especially unique levels, their raising of rates at the long end signal a different shape in the rate curves
Global manufacturing stabilised in November with key improvements in the US and China; China bond yields at record lows; Aussie data positive; UST 10yr at 4.18%; gold and oil lower NZ$1 = 58.8 USc; TWI = 68.4
3rd Dec 24, 7:19am
31
Global manufacturing stabilised in November with key improvements in the US and China; China bond yields at record lows; Aussie data positive; UST 10yr at 4.18%; gold and oil lower NZ$1 = 58.8 USc; TWI = 68.4
A review of things you need to know before you sign off on Monday; ASB cuts rates, building consents bottom out, car sales lower, bird flu arrives; floating rate mortgages return, retail gains modest, swaps & NZD on hold
2nd Dec 24, 3:59pm
65
A review of things you need to know before you sign off on Monday; ASB cuts rates, building consents bottom out, car sales lower, bird flu arrives; floating rate mortgages return, retail gains modest, swaps & NZD on hold
ASB cuts fixed mortgage rates, and term deposit rates, signaling a final December push for precious housing sale transactions
2nd Dec 24, 7:30am
29
ASB cuts fixed mortgage rates, and term deposit rates, signaling a final December push for precious housing sale transactions
China stays in its rut; Japan sees progress; India's expansion slows, rupee falls; US retail turns online; Russian ruble drops; Aussie debt swells; UST 10yr at 4.18%; gold up and oil little-changed; NZ$1 = 59.2 USc; TWI = 68.6
2nd Dec 24, 7:19am
42
China stays in its rut; Japan sees progress; India's expansion slows, rupee falls; US retail turns online; Russian ruble drops; Aussie debt swells; UST 10yr at 4.18%; gold up and oil little-changed; NZ$1 = 59.2 USc; TWI = 68.6
Japan and South Korea deliver good economic updates; India delivers a surprise growth fall; Aussie debt growth not sustainable; UST 10yr at 4.18%; gold up and oil little-changed; NZ$1 = 59.2 USc; TWI = 68.6
30th Nov 24, 8:51am
55
Japan and South Korea deliver good economic updates; India delivers a surprise growth fall; Aussie debt growth not sustainable; UST 10yr at 4.18%; gold up and oil little-changed; NZ$1 = 59.2 USc; TWI = 68.6
A review of things you need to know before you sign off on Friday; more retail rate changes, rental investors suffer negative cashflows, consumers positive, bank lending inches up, TD savings rise, swaps and NZD on hold, & more
29th Nov 24, 3:59pm
69
A review of things you need to know before you sign off on Friday; more retail rate changes, rental investors suffer negative cashflows, consumers positive, bank lending inches up, TD savings rise, swaps and NZD on hold, & more
US holiday travel to break records; Canadian payroll earnings rise; Korea cuts; Australia readies record capex; RBA independence threatened; UST 10yr at 4.24%; gold and oil little-changed; NZ$1 = 58.9 USc; TWI = 68.4
29th Nov 24, 7:19am
81
US holiday travel to break records; Canadian payroll earnings rise; Korea cuts; Australia readies record capex; RBA independence threatened; UST 10yr at 4.24%; gold and oil little-changed; NZ$1 = 58.9 USc; TWI = 68.4
A review of things you need to know before you sign off on Thursday; more retail rate cuts, filled jobs shrink, housing market might be thawing, managers very optimistic, swaps soft, NZD firm, & more
28th Nov 24, 3:58pm
71
A review of things you need to know before you sign off on Thursday; more retail rate cuts, filled jobs shrink, housing market might be thawing, managers very optimistic, swaps soft, NZD firm, & more
US releases data early ahead of holiday; US GDP expands at good clip; China profits slide; India gets Adani indigestion; Aussie inflation unchanged; UST 10yr at 4.24%; gold up and oil down; NZ$1 = 59.1 USc; TWI = 68.6
28th Nov 24, 7:19am
75
US releases data early ahead of holiday; US GDP expands at good clip; China profits slide; India gets Adani indigestion; Aussie inflation unchanged; UST 10yr at 4.24%; gold up and oil down; NZ$1 = 59.1 USc; TWI = 68.6
A review of things you need to know before you sign off on Wednesday; all eyes on rate cuts after the OCR reduction, Kiwibank fined for serious breaches, swaps rise, NZD rises, & more
27th Nov 24, 3:59pm
23
A review of things you need to know before you sign off on Wednesday; all eyes on rate cuts after the OCR reduction, Kiwibank fined for serious breaches, swaps rise, NZD rises, & more
[updated]
Yes, the OCR was cut, and floating rates have gone down. But so have some fixed rates. We track the fixed rate changes here
27th Nov 24, 3:48pm
7
Yes, the OCR was cut, and floating rates have gone down. But so have some fixed rates. We track the fixed rate changes here
[updated]
Co-operative Bank moves first and big, immediately followed by Kiwibank. Co-op cuts -70 bps. Kiwibank also cuts the full -50 bps for savers, but Cooperative Bank tempers some of its cuts to savers
27th Nov 24, 2:13pm
6
Co-operative Bank moves first and big, immediately followed by Kiwibank. Co-op cuts -70 bps. Kiwibank also cuts the full -50 bps for savers, but Cooperative Bank tempers some of its cuts to savers
Dairy prices rise again; Trump makes new/old NAFTA threats; US data positive; Singapore factories disappoint; eyes on RBNZ and Aussie CPI; UST 10yr at 4.32%; gold and oil little-changed; NZ$1 = 58.3 USc; TWI = 68.1
27th Nov 24, 7:18am
134
Dairy prices rise again; Trump makes new/old NAFTA threats; US data positive; Singapore factories disappoint; eyes on RBNZ and Aussie CPI; UST 10yr at 4.32%; gold and oil little-changed; NZ$1 = 58.3 USc; TWI = 68.1
[updated]
A review of things you need to know before you sign off on Tuesday; waiting for Orr, house buyers not confident of house price rises, vehicle loan stress rises, NIM discrepancies revealed, funds under management rise, swaps lower, NZD falls, & more
26th Nov 24, 3:59pm
27
A review of things you need to know before you sign off on Tuesday; waiting for Orr, house buyers not confident of house price rises, vehicle loan stress rises, NIM discrepancies revealed, funds under management rise, swaps lower, NZD falls, & more
US activity eases but still good growth; Singapore's inflation low; Taiwan data mixed; China holds MLF rate; Germany struggling; UST 10yr at 4.29%; gold drops and oil falls; NZ$1 = 58.4 USc; TWI = 68.2
26th Nov 24, 7:19am
93
US activity eases but still good growth; Singapore's inflation low; Taiwan data mixed; China holds MLF rate; Germany struggling; UST 10yr at 4.29%; gold drops and oil falls; NZ$1 = 58.4 USc; TWI = 68.2
[updated]
A review of things you need to know before you sign off on Monday; no significant retail interest rate changes, retail sales dip, trade deficit narrows, tractors shunned, NIM circus starts, swaps soft, NZD firms, & more
25th Nov 24, 3:59pm
110
A review of things you need to know before you sign off on Monday; no significant retail interest rate changes, retail sales dip, trade deficit narrows, tractors shunned, NIM circus starts, swaps soft, NZD firms, & more
Here are the key changes to know about today in the New Zealand equity market; NZX50 up for yet another recent high, led by Turners and some gentailers. Dragging however were Oceania, Hallensteins, and Spark
25th Nov 24, 3:00pm
Here are the key changes to know about today in the New Zealand equity market; NZX50 up for yet another recent high, led by Turners and some gentailers. Dragging however were Oceania, Hallensteins, and Spark
US rises on service sector optimism; Canadian retail rises; Japanese PMIs positive; Indian PMIs hot; China, EU and Aussie PMIs not; UST 10yr at 4.41%; gold up and oil holds; NZ$1 = 58.3 USc; TWI = 68.3
25th Nov 24, 7:19am
31
US rises on service sector optimism; Canadian retail rises; Japanese PMIs positive; Indian PMIs hot; China, EU and Aussie PMIs not; UST 10yr at 4.41%; gold up and oil holds; NZ$1 = 58.3 USc; TWI = 68.3
US service sector shines; Canadian retail sales up strongly; Japanese inflation eases; India gets the speed wobbles; China equities retreat; UST 10yr at 4.41%; gold and oil rise; NZ$1 = 58.3 USc; TWI = 68.1
23rd Nov 24, 7:56am
88
US service sector shines; Canadian retail sales up strongly; Japanese inflation eases; India gets the speed wobbles; China equities retreat; UST 10yr at 4.41%; gold and oil rise; NZ$1 = 58.3 USc; TWI = 68.1
A review of things you need to know before you sign off on Friday; bitcoin approaches US$100K, NZX sparkles, Landcorp sees better results, NZOnAir releases $11.5 mln, swaps softish, NZD lower, & more
22nd Nov 24, 4:00pm
57
A review of things you need to know before you sign off on Friday; bitcoin approaches US$100K, NZX sparkles, Landcorp sees better results, NZOnAir releases $11.5 mln, swaps softish, NZD lower, & more
US jobs & real estate markets firm; India gripped by Adani corruption case; South Africa cuts rate; S&P500 up on Gaetz withdrawal; UST 10yr at 4.42%; gold firm again but oil still on hold; NZ$1 = 58.6 USc; TWI = 68.3
22nd Nov 24, 7:19am
103
US jobs & real estate markets firm; India gripped by Adani corruption case; South Africa cuts rate; S&P500 up on Gaetz withdrawal; UST 10yr at 4.42%; gold firm again but oil still on hold; NZ$1 = 58.6 USc; TWI = 68.3
A review of things you need to know before you sign off on Thursday; BNZ goes low, home loan affordability for FHBs, Treasury has gloomy outlook, NZGB demand strong, swap curve steepens, NZD eases, & more
21st Nov 24, 3:59pm
62
A review of things you need to know before you sign off on Thursday; BNZ goes low, home loan affordability for FHBs, Treasury has gloomy outlook, NZGB demand strong, swap curve steepens, NZD eases, & more