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 Friday; higher inflation expectations, PMI higher, Chapman switches, M&A activity strong, swaps hold, NZD softer, & more
13th Aug 21, 3:59pm
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A review of things you need to know before you go home on Friday; higher inflation expectations, PMI higher, Chapman switches, M&A activity strong, swaps hold, NZD softer, & more
US producer prices jump; Mexico raises its OCR; iron ore price falls further; EU industrial production falls; shipping container rates rise; UST 10yr 1.36%, oil and gold little-changed; NZ$1 = 70.1 USc; TWI-5 = 73.3
13th Aug 21, 7:18am
60
US producer prices jump; Mexico raises its OCR; iron ore price falls further; EU industrial production falls; shipping container rates rise; UST 10yr 1.36%, oil and gold little-changed; NZ$1 = 70.1 USc; TWI-5 = 73.3
A review of things you need to know before you go home on Thursday; TD rate rises, record house prices, inflation expectations up, carbon price at record high, swap rates firm, NZD firm, & more
12th Aug 21, 3:59pm
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A review of things you need to know before you go home on Thursday; TD rate rises, record house prices, inflation expectations up, carbon price at record high, swap rates firm, NZD firm, & more
US CPI rise doesn't surprise; US Federal budget deficit shrinks slightly; China's debt growth slows sharply; Japan and Singapore post very good data; Aussie new home sales tank; UST 10yr 1.34%, oil firm and gold regains some; NZ$1 = 70.6 USc; TWI-5 = 73.7
12th Aug 21, 7:19am
46
US CPI rise doesn't surprise; US Federal budget deficit shrinks slightly; China's debt growth slows sharply; Japan and Singapore post very good data; Aussie new home sales tank; UST 10yr 1.34%, oil firm and gold regains some; NZ$1 = 70.6 USc; TWI-5 = 73.7
A review of things you need to know before you go home on Wednesday; many TD changes today, job ads soar, concrete production hits record, petrol price near 3yr high, swaps up again, NZD firm, & more
11th Aug 21, 3:59pm
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A review of things you need to know before you go home on Wednesday; many TD changes today, job ads soar, concrete production hits record, petrol price near 3yr high, swaps up again, NZD firm, & more
Biden gets his infrastructure deal; US productivity gains underwhelm; iron ore price falls again; German sentiment wavers; Aussie business confidence falls; UST 10yr 1.34%, oil recovers and gold holds low; NZ$1 = 70 USc; TWI-5 = 73.3
11th Aug 21, 7:17am
32
Biden gets his infrastructure deal; US productivity gains underwhelm; iron ore price falls again; German sentiment wavers; Aussie business confidence falls; UST 10yr 1.34%, oil recovers and gold holds low; NZ$1 = 70 USc; TWI-5 = 73.3
A review of things you need to know before you go home on Tuesday; BNZ raises TD rates, ANZ's Truckometer positive, retail spending remains strong, wholesale electricity prices go berserk, swaps firm, NZD soft, & more
10th Aug 21, 3:59pm
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A review of things you need to know before you go home on Tuesday; BNZ raises TD rates, ANZ's Truckometer positive, retail spending remains strong, wholesale electricity prices go berserk, swaps firm, NZD soft, & more
Savings are stranded as inflation rises much faster than yields, and asset holders grab the benefits of low yields at the expense of savers. This type of financial repression is likely to persist for decades, possibly provoking anger for change
10th Aug 21, 11:25am
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Savings are stranded as inflation rises much faster than yields, and asset holders grab the benefits of low yields at the expense of savers. This type of financial repression is likely to persist for decades, possibly provoking anger for change
Clear climate warning; US consumer expectations rise; China's CPI tame but PPI very high; exports strong for Taiwan and Germany; UST 10yr 1.32%, oil dips again and gold slumps again; NZ$1 = 70 USc; TWI-5 = 73.2
10th Aug 21, 7:21am
156
Clear climate warning; US consumer expectations rise; China's CPI tame but PPI very high; exports strong for Taiwan and Germany; UST 10yr 1.32%, oil dips again and gold slumps again; NZ$1 = 70 USc; TWI-5 = 73.2
A review of things you need to know before you go home on Monday; more retail rate changes, more new homes built, farmer confidence positive, Tauraga port workers no-shows for vaccines, swaps firm, NZD firm, & more
9th Aug 21, 4:00pm
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A review of things you need to know before you go home on Monday; more retail rate changes, more new homes built, farmer confidence positive, Tauraga port workers no-shows for vaccines, swaps firm, NZD firm, & more
China's trade data disappoints; some commodity prices boom, but not iron ore; US jobs data sparkles, not so for Canada; Australia struggles with delta; UST 10yr 1.31%, oil dips and gold slumps; NZ$1 = 70.1 USc; TWI-5 = 73.2
9th Aug 21, 7:19am
40
China's trade data disappoints; some commodity prices boom, but not iron ore; US jobs data sparkles, not so for Canada; Australia struggles with delta; UST 10yr 1.31%, oil dips and gold slumps; NZ$1 = 70.1 USc; TWI-5 = 73.2
US payrolls rise sharply; US consumer borrowing surges; Canada posts lesser results; China anxious over delta spread; commodities mostly higher; UST 10yr 1.30%, oil dips and gold slumps; NZ$1 = 70.1 USc; TWI-5 = 73.2
7th Aug 21, 8:23am
13
US payrolls rise sharply; US consumer borrowing surges; Canada posts lesser results; China anxious over delta spread; commodities mostly higher; UST 10yr 1.30%, oil dips and gold slumps; NZ$1 = 70.1 USc; TWI-5 = 73.2
A review of things you need to know before you go home on Friday; many mortgage and TD rate changes, Marsden Point refinery to close, NZ's reserve assets fall, swaps stable, NZD stays firm, & more
6th Aug 21, 3:59pm
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A review of things you need to know before you go home on Friday; many mortgage and TD rate changes, Marsden Point refinery to close, NZ's reserve assets fall, swaps stable, NZD stays firm, & more
HSBC announces some substantial home loan rate reductions but these come amidst sharp wholesale market movements and just 14 days after they hiked rates sharply
6th Aug 21, 11:45am
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HSBC announces some substantial home loan rate reductions but these come amidst sharp wholesale market movements and just 14 days after they hiked rates sharply
SBS Bank launches a comprehensive home loan offer for first home buyers featuring a 1.99% rate fixed for one year, boosted by four other incentives
6th Aug 21, 10:31am
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SBS Bank launches a comprehensive home loan offer for first home buyers featuring a 1.99% rate fixed for one year, boosted by four other incentives
Eyes on US payrolls; Biden gets active on EVs and cryptos; Canadian house prices pull back; China restarts coal mines to keep the lights on; UST 10yr 1.22%, oil unchanged and gold down; NZ$1 = 70.6 USc; TWI-5 = 73.4
6th Aug 21, 7:20am
69
Eyes on US payrolls; Biden gets active on EVs and cryptos; Canadian house prices pull back; China restarts coal mines to keep the lights on; UST 10yr 1.22%, oil unchanged and gold down; NZ$1 = 70.6 USc; TWI-5 = 73.4
A review of things you need to know before you go home on Thursday; ANZ tweaks mortgage rates, NZGB yields turn up, Carter to leave BNZ, record Aussie trade surplus, swaps stable, NZD stays firm, & more
5th Aug 21, 3:59pm
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A review of things you need to know before you go home on Thursday; ANZ tweaks mortgage rates, NZGB yields turn up, Carter to leave BNZ, record Aussie trade surplus, swaps stable, NZD stays firm, & more
US jobs growth becomes uncertain; US services PMIs strong; China services PMI turns up; global food prices stop rising; iron ore price falls faster; UST 10yr 1.18%, oil down and gold up; NZ$1 = 70.5 USc; TWI-5 = 73.4
5th Aug 21, 7:21am
50
US jobs growth becomes uncertain; US services PMIs strong; China services PMI turns up; global food prices stop rising; iron ore price falls faster; UST 10yr 1.18%, oil down and gold up; NZ$1 = 70.5 USc; TWI-5 = 73.4
A review of things you need to know before you go home on Wednesday; B&T July sales strong, labour market hot, analyst cuts dairy payout forecast after weak auctions, swaps jump, NZD rises in sympathy, & more
4th Aug 21, 3:59pm
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A review of things you need to know before you go home on Wednesday; B&T July sales strong, labour market hot, analyst cuts dairy payout forecast after weak auctions, swaps jump, NZD rises in sympathy, & more
Dairy prices lower again; US rent demand soars; China battles delta strain; RBA sticks with tapering plan; Aussie building consents & house lending falls; UST 10yr 1.18%, oil and gold drift lower; NZ$1 = 70.1 USc; TWI-5 = 72.8
4th Aug 21, 7:24am
45
Dairy prices lower again; US rent demand soars; China battles delta strain; RBA sticks with tapering plan; Aussie building consents & house lending falls; UST 10yr 1.18%, oil and gold drift lower; NZ$1 = 70.1 USc; TWI-5 = 72.8
A review of things you need to know before you go home on Tuesday; no retail rate changes, DTIs are 'in', cars popular, bank funding exceeds $½ tln, swaps stable, NZD firm, & more
3rd Aug 21, 4:11pm
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A review of things you need to know before you go home on Tuesday; no retail rate changes, DTIs are 'in', cars popular, bank funding exceeds $½ tln, swaps stable, NZD firm, & more
Every segment of the new and used-import vehicle sales market was strong in July, with the Clean Car Discount providing an added boost for overall sales - no signs of substitution yet
3rd Aug 21, 10:02am
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Every segment of the new and used-import vehicle sales market was strong in July, with the Clean Car Discount providing an added boost for overall sales - no signs of substitution yet
Bonds tanking; factories expanding fast almost everywhere; US infrastructure deal very close; but Beijing eyes a sharp slowdown; Aussie lockdowns hurt; UST 10yr 1.17%, oil slumps but gold up; NZ$1 = 69.7 USc; TWI-5 = 72.5
3rd Aug 21, 7:19am
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Bonds tanking; factories expanding fast almost everywhere; US infrastructure deal very close; but Beijing eyes a sharp slowdown; Aussie lockdowns hurt; UST 10yr 1.17%, oil slumps but gold up; NZ$1 = 69.7 USc; TWI-5 = 72.5
A review of things you need to know before you go home on Monday; set of minor retail rate changes, property listings high and flat; Fitch likes Coop Bank and TSB, remote working risk, swaps firm, NZD soft, & more
2nd Aug 21, 3:59pm
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A review of things you need to know before you go home on Monday; set of minor retail rate changes, property listings high and flat; Fitch likes Coop Bank and TSB, remote working risk, swaps firm, NZD soft, & more
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