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, retail trade eases, $300 bln of mortgages rise fast, $400 bln of deposits rise fast too, swaps unchanged, NZD stays high, & more
23rd Feb 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, retail trade eases, $300 bln of mortgages rise fast, $400 bln of deposits rise fast too, swaps unchanged, NZD stays high, & more
US data positive, mortgage rates rise; German business sentiment up; ECB worries about rising rates; China declares food security issue #1; UST 10yr at 1.35%; oil and gold up; NZ$1 = 73.3 USc; TWI-5 = 74.3
23rd Feb 21, 7:20am
72
US data positive, mortgage rates rise; German business sentiment up; ECB worries about rising rates; China declares food security issue #1; UST 10yr at 1.35%; oil and gold up; NZ$1 = 73.3 USc; TWI-5 = 74.3
A review of things you need to know before you go home on Monday; strong farm sales, searing mortgage market, survey sees more, NZ credit rating raised, bond yields jump, NZD higher, & more
22nd Feb 21, 3:59pm
22
A review of things you need to know before you go home on Monday; strong farm sales, searing mortgage market, survey sees more, NZ credit rating raised, bond yields jump, NZD higher, & more
Growing China keeps commodity prices high; US factory activity rises; Japanese sentiment improves; Aussie retail sales jump; rate rises elevate investor risks; UST 10yr at 1.34%; oil down and gold holds; NZ$1 = 73 USc; TWI-5 = 74.2
22nd Feb 21, 7:19am
59
Growing China keeps commodity prices high; US factory activity rises; Japanese sentiment improves; Aussie retail sales jump; rate rises elevate investor risks; UST 10yr at 1.34%; oil down and gold holds; NZ$1 = 73 USc; TWI-5 = 74.2
US economic activity up, but Fed worries about bankruptcies; China consumption strong; commodity prices gain; Australian retail sales race higher; UST 10yr at 1.35%; oil down and gold holds; NZ$1 = 72.9 USc; TWI-5 = 74.2
20th Feb 21, 8:29am
19
US economic activity up, but Fed worries about bankruptcies; China consumption strong; commodity prices gain; Australian retail sales race higher; UST 10yr at 1.35%; oil down and gold holds; NZ$1 = 72.9 USc; TWI-5 = 74.2
A review of things you need to know before you go home on Friday; no retail rate changes, PPI flat, M.bovis inquiry, mortgage lending frenzy, swap rates stable, NZD firms slightly, & more
19th Feb 21, 3:59pm
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A review of things you need to know before you go home on Friday; no retail rate changes, PPI flat, M.bovis inquiry, mortgage lending frenzy, swap rates stable, NZD firms slightly, & more
Payday lender drives into car loan market, promoting 'affordable repayments' with attractively designed, fast-approval online systems that come with very high interest rates and extensive fees, and now seeks new investor funding
19th Feb 21, 11:49am
28
Payday lender drives into car loan market, promoting 'affordable repayments' with attractively designed, fast-approval online systems that come with very high interest rates and extensive fees, and now seeks new investor funding
US jobless claims stay high; US life expectancy falls; China lightens liquidity; iron ore prices rise; reflation trade spreads; Aussie jobless rate falls; UST 10yr at 1.28%; oil up and gold down; NZ$1 = 72 USc; TWI-5 = 73.5
19th Feb 21, 7:26am
122
US jobless claims stay high; US life expectancy falls; China lightens liquidity; iron ore prices rise; reflation trade spreads; Aussie jobless rate falls; UST 10yr at 1.28%; oil up and gold down; NZ$1 = 72 USc; TWI-5 = 73.5
A review of things you need to know before you go home on Thursday; Crown accounts edge back into surplus in December month, median age rises, bond yields rise, swaps firm, NZD slips, & more
18th Feb 21, 3:59pm
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A review of things you need to know before you go home on Thursday; Crown accounts edge back into surplus in December month, median age rises, bond yields rise, swaps firm, NZD slips, & more
US retail sales impress, industrial production not so much; US extreme weather a threat; Canada CPI rises; Japan factories busier; rate curves steepen; UST 10yr at 1.28%; oil up and gold down; NZ$1 = 71.7 USc; TWI-5 = 73.4
18th Feb 21, 7:19am
163
US retail sales impress, industrial production not so much; US extreme weather a threat; Canada CPI rises; Japan factories busier; rate curves steepen; UST 10yr at 1.28%; oil up and gold down; NZ$1 = 71.7 USc; TWI-5 = 73.4
A review of things you need to know before you go home on Wednesday; FHBs losing out, housing saves Fletchers, NZR outsourcing, rent ratio at extremes, LSAP tailing off; long rates jump, NZD slides, & more
17th Feb 21, 3:59pm
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A review of things you need to know before you go home on Wednesday; FHBs losing out, housing saves Fletchers, NZR outsourcing, rent ratio at extremes, LSAP tailing off; long rates jump, NZD slides, & more
Dairy prices rise to season high; US cold snap disporting fuel prices; US extends housing pandemic relief; Japan adjusts to quake impacts; German sentiment improves; UST 10yr at 1.28%; oil down and gold slumps; NZ$1 = 72.2 USc; TWI-5 = 73.6
17th Feb 21, 7:19am
83
Dairy prices rise to season high; US cold snap disporting fuel prices; US extends housing pandemic relief; Japan adjusts to quake impacts; German sentiment improves; UST 10yr at 1.28%; oil down and gold slumps; NZ$1 = 72.2 USc; TWI-5 = 73.6
A review of things you need to know before you go home on Tuesday; housing hot in parts, migration tumbles, no new cases, tweaked pandemic support, bonds in reflation trade, NZD stable, & more
16th Feb 21, 3:59pm
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A review of things you need to know before you go home on Tuesday; housing hot in parts, migration tumbles, no new cases, tweaked pandemic support, bonds in reflation trade, NZD stable, & more
China and US on holiday; Canada data positive; Japan signals better outcomes; ditto Singapore; EU still struggling; UST 10yr at 1.21%; oil up and gold down; NZ$1 = 72.3 USc; TWI-5 = 73.7
16th Feb 21, 7:19am
28
China and US on holiday; Canada data positive; Japan signals better outcomes; ditto Singapore; EU still struggling; UST 10yr at 1.21%; oil up and gold down; NZ$1 = 72.3 USc; TWI-5 = 73.7
A review of things you need to know before you go home on Monday; risks rise from inbound UK-variant travellers, service sector struggles, Auckland auction activity doubles, swaps and NZD hold, & more
15th Feb 21, 3:59pm
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A review of things you need to know before you go home on Monday; risks rise from inbound UK-variant travellers, service sector struggles, Auckland auction activity doubles, swaps and NZD hold, & more
Big Japanese quake; China targets NZ over TPP application; US sentiment waivers; Canada loan demand negative; NSW incentivises housing for renters; UST 10yr at 1.21%; oil unchanged and gold up; NZ$1 = 72.2 USc; TWI-5 = 73.6
15th Feb 21, 7:19am
57
Big Japanese quake; China targets NZ over TPP application; US sentiment waivers; Canada loan demand negative; NSW incentivises housing for renters; UST 10yr at 1.21%; oil unchanged and gold up; NZ$1 = 72.2 USc; TWI-5 = 73.6
US consumer sentiment slips, but economists upbeat; India's factories busier; Draghi now running Italy; UK GDP sinks; NSW incentivises building for renters; UST 10yr at 1.20%; oil up and gold down; NZ$1 = 72.3 USc; TWI-5 = 73.6
13th Feb 21, 8:37am
12
US consumer sentiment slips, but economists upbeat; India's factories busier; Draghi now running Italy; UK GDP sinks; NSW incentivises building for renters; UST 10yr at 1.20%; oil up and gold down; NZ$1 = 72.3 USc; TWI-5 = 73.6
A review of things you need to know before you go home on Friday; SBS Bank sets new low 2yr mortgage rate, PMI's rise, ANZ admits misleading, Melbourne back in lockdown, swaps settle, NZD stable, & much more
12th Feb 21, 4:02pm
23
A review of things you need to know before you go home on Friday; SBS Bank sets new low 2yr mortgage rate, PMI's rise, ANZ admits misleading, Melbourne back in lockdown, swaps settle, NZD stable, & much more
SBS Bank extends its 2.29% home loan rate out to terms of 18 months and two years fixed, making the two year offer the lowest in the market. It is also offering up to $6000 as a cash incentive
12th Feb 21, 4:02pm
15
SBS Bank extends its 2.29% home loan rate out to terms of 18 months and two years fixed, making the two year offer the lowest in the market. It is also offering up to $6000 as a cash incentive
US jobless claims rise; Biden and Xi talk; China on holiday; London losing on Brexit; Aussie inflation expectations jump; UST 10yr at 1.16%; oil unchanged and gold down; NZ$1 = 72.3 USc; TWI-5 = 73.7
12th Feb 21, 7:19am
22
US jobless claims rise; Biden and Xi talk; China on holiday; London losing on Brexit; Aussie inflation expectations jump; UST 10yr at 1.16%; oil unchanged and gold down; NZ$1 = 72.3 USc; TWI-5 = 73.7
A review of things you need to know before you go home on Thursday; Toyota Finance cuts rates, retail spending falls, more concrete poured, NZGB yields jump, long rates turn lower, NZD slips, & more
11th Feb 21, 3:59pm
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A review of things you need to know before you go home on Thursday; Toyota Finance cuts rates, retail spending falls, more concrete poured, NZGB yields jump, long rates turn lower, NZD slips, & more
US inflation lower; China back in deflation; China FDI growth fades; South Korea unemployment rises; Australian consumer confidence up; UST 10yr at 1.14%; oil unchanged and gold up; NZ$1 = 72.2 USc; TWI-5 = 73.6
11th Feb 21, 7:19am
39
US inflation lower; China back in deflation; China FDI growth fades; South Korea unemployment rises; Australian consumer confidence up; UST 10yr at 1.14%; oil unchanged and gold up; NZ$1 = 72.2 USc; TWI-5 = 73.6
A review of things you need to know before you go home on Wednesday; new low mortgage rate, strong auction activity, job ads lose momentum, ASB even more profitable, swaps unchanged, NZD slips, & more
10th Feb 21, 3:59pm
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A review of things you need to know before you go home on Wednesday; new low mortgage rate, strong auction activity, job ads lose momentum, ASB even more profitable, swaps unchanged, NZD slips, & more
Another challenger bank goes below 2% for mortgages, as the 2021 home loan market swells on sharply rising demand. These challenger banks have opened up a 30 bps rate advantage over the main banks
10th Feb 21, 10:10am
5
Another challenger bank goes below 2% for mortgages, as the 2021 home loan market swells on sharply rising demand. These challenger banks have opened up a 30 bps rate advantage over the main banks
US deficits rise sharply; China's births collapse; China's debt rises again; Japanese machine tool orders swell; Aussie business confidence up; UST 10yr at 1.15%; oil up and gold unchanged; NZ$1 = 72.3 USc; TWI-5 = 73.8
10th Feb 21, 7:22am
73
US deficits rise sharply; China's births collapse; China's debt rises again; Japanese machine tool orders swell; Aussie business confidence up; UST 10yr at 1.15%; oil up and gold unchanged; NZ$1 = 72.3 USc; TWI-5 = 73.8