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; BNZ cuts TD costs, sellers housing market, RBNZ responds, PMI rises, car waiting lists, rents soft, swaps soft, NZD firm, & more
11th Dec 20, 3:59pm
57
A review of things you need to know before you go home on Friday; BNZ cuts TD costs, sellers housing market, RBNZ responds, PMI rises, car waiting lists, rents soft, swaps soft, NZD firm, & more
US jobless claims jump; US inflation stable; US household net worth rises; ECB adds to stimulus; China doubles-down on Aussie wine duties; iron ore prices surge; UST 10y at 0.93%; oil up and gold lower; NZ$1 = 70.8 USc; TWI-5 = 72.8
11th Dec 20, 7:25am
88
US jobless claims jump; US inflation stable; US household net worth rises; ECB adds to stimulus; China doubles-down on Aussie wine duties; iron ore prices surge; UST 10y at 0.93%; oil up and gold lower; NZ$1 = 70.8 USc; TWI-5 = 72.8
A review of things you need to know before you go home on Thursday; no retail rates changes, retail sales up, job ads up, truckometer suggests a negative Q4, smartphone sales boom, swaps and NZD little-changed, & more
10th Dec 20, 3:13pm
30
A review of things you need to know before you go home on Thursday; no retail rates changes, retail sales up, job ads up, truckometer suggests a negative Q4, smartphone sales boom, swaps and NZD little-changed, & more
US job openings and mortgage applications slip; Aussie sentiment rises; China gets deflation again; Japan's machinery orders jump; UST 10y at 0.95%; oil soft and gold drops; NZ$1 = 70.4 USc; TWI-5 = 72.5
10th Dec 20, 7:19am
96
US job openings and mortgage applications slip; Aussie sentiment rises; China gets deflation again; Japan's machinery orders jump; UST 10y at 0.95%; oil soft and gold drops; NZ$1 = 70.4 USc; TWI-5 = 72.5
A review of things you need to know before you go home on Wednesday; key GDP components deliver positive surprise, public service hiring jumps, farmers less satisfied with their bankers, swaps and NZD little-changed, & more
9th Dec 20, 3:59pm
22
A review of things you need to know before you go home on Wednesday; key GDP components deliver positive surprise, public service hiring jumps, farmers less satisfied with their bankers, swaps and NZD little-changed, & more
US data atrophies; German sentiment improves; Aussie confidence up; China adds more to import bans; Infratil in play; air travel shows no recovery; UST 10y at 0.91%; oil unchanged and gold firm; NZ$1 = 70.4 USc; TWI-5 = 72.6
9th Dec 20, 7:19am
42
US data atrophies; German sentiment improves; Aussie confidence up; China adds more to import bans; Infratil in play; air travel shows no recovery; UST 10y at 0.91%; oil unchanged and gold firm; NZ$1 = 70.4 USc; TWI-5 = 72.6
A review of things you need to know before you go home on Tuesday; looking at population trends, home ownership levels low, farm confidence not so low, swaps stable, NZD holds, & more
8th Dec 20, 3:59pm
39
A review of things you need to know before you go home on Tuesday; looking at population trends, home ownership levels low, farm confidence not so low, swaps stable, NZD holds, & more
China posts record high trade surplus, imports rising; swells their reserves; ditto Taiwan; aircargo volumes rise; NSW/Vic lose AAA ratings; Brexit deal on knife-edge; UST 10y at 0.97%; oil and gold firm; NZ$1 = 70.5 USc; TWI-5 = 72.6
8th Dec 20, 7:19am
22
China posts record high trade surplus, imports rising; swells their reserves; ditto Taiwan; aircargo volumes rise; NSW/Vic lose AAA ratings; Brexit deal on knife-edge; UST 10y at 0.97%; oil and gold firm; NZ$1 = 70.5 USc; TWI-5 = 72.6
A review of things you need to know before you go home on Monday; minor rate cut, Infratil to sell Tilt, Ryman with new bond issue, COVID updates scaled back, swaps unchanged, NZD stays firm, & more
7th Dec 20, 3:59pm
17
A review of things you need to know before you go home on Monday; minor rate cut, Infratil to sell Tilt, Ryman with new bond issue, COVID updates scaled back, swaps unchanged, NZD stays firm, & more
US payroll growth weak; US Congress eyes large new stimulus; Canadians to tax vacant homes; Aussies expect China wheat ban; pandemic deaths leap in US; UST 10y at 0.97%; oil and gold firm; NZ$1 = 70.5 USc; TWI-5 = 72.6
7th Dec 20, 7:19am
45
US payroll growth weak; US Congress eyes large new stimulus; Canadians to tax vacant homes; Aussies expect China wheat ban; pandemic deaths leap in US; UST 10y at 0.97%; oil and gold firm; NZ$1 = 70.5 USc; TWI-5 = 72.6
US payrolls disappoint; US factory orders fall; renewed focus on fiscal stimulus; US trade deficit up; Canada job growth better; China claims computer success; UST 10y at 0.97%; oil and gold up ; NZ$1 = 70.4 USc; TWI-5 = 72.4
5th Dec 20, 8:17am
23
US payrolls disappoint; US factory orders fall; renewed focus on fiscal stimulus; US trade deficit up; Canada job growth better; China claims computer success; UST 10y at 0.97%; oil and gold up ; NZ$1 = 70.4 USc; TWI-5 = 72.4
A review of things you need to know before you go home on Friday; nor retail rate changes, residential consents and building has momentum, milk payout raised, car sales sag, swaps hold, NZD softens, & more
4th Dec 20, 3:59pm
22
A review of things you need to know before you go home on Friday; nor retail rate changes, residential consents and building has momentum, milk payout raised, car sales sag, swaps hold, NZD softens, & more
US jobless claims rise slower but benefit qualifications expire faster; US services expansion based on healthcare; China services expand faster; Australia 'wins' in China trade; UST 10y at 0.92%; oil and gold up ; NZ$1 = 70.8 USc; TWI-5 = 72.8
4th Dec 20, 7:17am
48
US jobless claims rise slower but benefit qualifications expire faster; US services expansion based on healthcare; China services expand faster; Australia 'wins' in China trade; UST 10y at 0.92%; oil and gold up ; NZ$1 = 70.8 USc; TWI-5 = 72.8
US jobs growth disappoints; Aussie economy bounces back; China's demand distorts prices, raises temperatures; UST 10y at 0.95%; oil and gold up ; NZ$1 = 70.6 USc; TWI-5 = 72.8
3rd Dec 20, 7:19am
49
US jobs growth disappoints; Aussie economy bounces back; China's demand distorts prices, raises temperatures; UST 10y at 0.95%; oil and gold up ; NZ$1 = 70.6 USc; TWI-5 = 72.8
A review of things you need to know before you go home on Wednesday; no retail rate changes, a positive dairy auction, Barfoots' best November, 'emergency' declared; bond yields rise, NZD rises, & more
2nd Dec 20, 3:59pm
21
A review of things you need to know before you go home on Wednesday; no retail rate changes, a positive dairy auction, Barfoots' best November, 'emergency' declared; bond yields rise, NZD rises, & more
Dairy prices rise; global PMIs expand faster; Hong Kong retail falls; RBA changes its tune on inflation; OECD sees improvements ahead; UST 10y at 0.92%; oil dips and gold up ; NZ$1 = 70.6 USc; TWI-5 = 72.9
2nd Dec 20, 7:25am
11
Dairy prices rise; global PMIs expand faster; Hong Kong retail falls; RBA changes its tune on inflation; OECD sees improvements ahead; UST 10y at 0.92%; oil dips and gold up ; NZ$1 = 70.6 USc; TWI-5 = 72.9
A review of things you need to know before you go home on Tuesday; many retail rate cuts, FLP details released, retail trade looks up, pandemic travel insurance extended, swaps lower, NZD holds, & more
1st Dec 20, 3:59pm
44
A review of things you need to know before you go home on Tuesday; many retail rate cuts, FLP details released, retail trade looks up, pandemic travel insurance extended, swaps lower, NZD holds, & more
US data underwhelms; China data better strong; China retail about to overtake US retail; world grain prices surge; China caught in ugly fake; UST 10y at 0.84%; oil and gold down; NZ$1 = 70.1 USc; TWI-5 = 72.6
1st Dec 20, 7:19am
84
US data underwhelms; China data better strong; China retail about to overtake US retail; world grain prices surge; China caught in ugly fake; UST 10y at 0.84%; oil and gold down; NZ$1 = 70.1 USc; TWI-5 = 72.6
A review of things you need to know before you go home on Monday; reverse equity rates cut, Govt hires freely, business confidence improves, mortgage lending hits records, swaps and NZD stable, & more
30th Nov 20, 3:59pm
22
A review of things you need to know before you go home on Monday; reverse equity rates cut, Govt hires freely, business confidence improves, mortgage lending hits records, swaps and NZD stable, & more
China's company profits rise; Aussie wine targeted by China; US holiday shopping twists but growth expected; EU pessimistic; Swiss reject bans; UST 10y at 0.84%; oil unchanged and gold down; NZ$1 = 70.3 USc; TWI-5 = 72.7
30th Nov 20, 7:19am
35
China's company profits rise; Aussie wine targeted by China; US holiday shopping twists but growth expected; EU pessimistic; Swiss reject bans; UST 10y at 0.84%; oil unchanged and gold down; NZ$1 = 70.3 USc; TWI-5 = 72.7
All the real official signals lenders get encourage them to lend for housing, and disincentive them lending to the productive economy - no matter what the officials may say. This raises real dangers says David Chaston
29th Nov 20, 6:31am
216
All the real official signals lenders get encourage them to lend for housing, and disincentive them lending to the productive economy - no matter what the officials may say. This raises real dangers says David Chaston
The cheap, commoditised, homogenous home loan market with few distinctions works just the way the major banks like it, and the RBNZ's new funding option may help them consolidate their grip
28th Nov 20, 10:11am
35
The cheap, commoditised, homogenous home loan market with few distinctions works just the way the major banks like it, and the RBNZ's new funding option may help them consolidate their grip
COVID twists US holiday shopping severely; Chinese industrial profits rise; China hits Aussie wine with steep tariffs; EU gloomy; Wall Street at record high; UST 10y at 0.84%; oil up and gold down; NZ$1 = 70.2 USc; TWI-5 = 72.7
28th Nov 20, 7:49am
65
COVID twists US holiday shopping severely; Chinese industrial profits rise; China hits Aussie wine with steep tariffs; EU gloomy; Wall Street at record high; UST 10y at 0.84%; oil up and gold down; NZ$1 = 70.2 USc; TWI-5 = 72.7
A review of things you need to know before you go home on Friday; more TD cuts, consumer confidence low, KiwiSaver balances high, freight subsidy extended, swap rates flatten, NZD stable, & more
27th Nov 20, 3:59pm
39
A review of things you need to know before you go home on Friday; more TD cuts, consumer confidence low, KiwiSaver balances high, freight subsidy extended, swap rates flatten, NZD stable, & more
US on holiday; Disney deepens layoffs; Singapore production retreats; China commodity prices surge; China targets cold-chain virus spread; UST 10y at 0.88%; oil and gold slip; NZ$1 = 70 USc; TWI-5 = 72.6, bitcoin dives
27th Nov 20, 7:19am
67
US on holiday; Disney deepens layoffs; Singapore production retreats; China commodity prices surge; China targets cold-chain virus spread; UST 10y at 0.88%; oil and gold slip; NZ$1 = 70 USc; TWI-5 = 72.6, bitcoin dives