David Chaston

A review of things you need to know before you go home on Monday; another bank sells it life insurance business, bond issue rush, more vaccine mandates, swaps and NZD stable, & more

A review of things you need to know before you go home on Monday; another bank sells it life insurance business, bond issue rush, more vaccine mandates, swaps and NZD stable, & more

China trade data impresses; Japanese household spending rises; US passes huge infrastructure boost; US payrolls expand faster; AU growth rises; UST 10yr 1.46%, oil unchanged and gold higher; NZ$1 = 71.1 USc; TWI-5 = 75

China trade data impresses; Japanese household spending rises; US passes huge infrastructure boost; US payrolls expand faster; AU growth rises; UST 10yr 1.46%, oil unchanged and gold higher; NZ$1 = 71.1 USc; TWI-5 = 75

US jobs expanding faster; US car sales turn higher; US consumer credit jumps; Japan, Taiwan and EU report positive data; but bond yields sink; UST 10yr 1.44%, oil and gold higher; NZ$1 = 71.1 USc; TWI-5 = 74.9

US jobs expanding faster; US car sales turn higher; US consumer credit jumps; Japan, Taiwan and EU report positive data; but bond yields sink; UST 10yr 1.44%, oil and gold higher; NZ$1 = 71.1 USc; TWI-5 = 74.9

A review of things you need to know before you go home on Friday; more rate hikes, KiwiSaver returns ho-hum, McLean to take over from Drylie, water storage full, volatile commodities, swaps retreat, NZD soft, & more

A review of things you need to know before you go home on Friday; more rate hikes, KiwiSaver returns ho-hum, McLean to take over from Drylie, water storage full, volatile commodities, swaps retreat, NZD soft, & more

Global food price at 10 yr high; US labour costs jump; another Chinese developer misses a payment; Xi pitches to join TPP; shipping costs fall; UST 10yr 1.52%, oil lower and gold higher; NZ$1 = 71 USc; TWI-5 = 74.9

Global food price at 10 yr high; US labour costs jump; another Chinese developer misses a payment; Xi pitches to join TPP; shipping costs fall; UST 10yr 1.52%, oil lower and gold higher; NZ$1 = 71 USc; TWI-5 = 74.9

Westpac raises mortgage rates again, unafraid of having the highest 1, 2 and 3 year fixed rates of any bank, probably confident others will follow

Westpac raises mortgage rates again, unafraid of having the highest 1, 2 and 3 year fixed rates of any bank, probably confident others will follow

A review of things you need to know before you go home on Thursday; more rate rises, commodity prices high, Auckland retail low, NZGB yields rising, Fonterra in VitaKey deal, swaps stable, NZD up, & more

A review of things you need to know before you go home on Thursday; more rate rises, commodity prices high, Auckland retail low, NZGB yields rising, Fonterra in VitaKey deal, swaps stable, NZD up, & more

Fed confirms tapering; US payrolls expand; services sector activity very strong; air cargo recovers; China worried about a pandemic winter; UST 10yr 1.59%, oil and gold lower; NZ$1 = 71.4 USc; TWI-5 = 75.1

Fed confirms tapering; US payrolls expand; services sector activity very strong; air cargo recovers; China worried about a pandemic winter; UST 10yr 1.59%, oil and gold lower; NZ$1 = 71.4 USc; TWI-5 = 75.1

A review of things you need to know before you go home on Wednesday; more retail rate rises, great labour force data, RBNZ ticks financial system soundness, dairy prices up, swaps stable, NZD soft, & more

A review of things you need to know before you go home on Wednesday; more retail rate rises, great labour force data, RBNZ ticks financial system soundness, dairy prices up, swaps stable, NZD soft, & more

The direction and speed from here of higher mortgage rates now depends on a set of official data and statistics being released over the rest of November

The direction and speed from here of higher mortgage rates now depends on a set of official data and statistics being released over the rest of November

Attacking housing supply, planning restrictions, immigration, and mortgage interest rates all at the same time gives us the best chance in a generation to reset house prices substantially lower, says David Chaston

Attacking housing supply, planning restrictions, immigration, and mortgage interest rates all at the same time gives us the best chance in a generation to reset house prices substantially lower, says David Chaston

Dairy prices rise sharply; Hong Kong struggles economically; Beijing preparing for "downward pressures"; RBA's policy shifts hesitant; UST 10yr 1.54%, oil and gold soft; NZ$1 = 71.1 USc; TWI-5 = 74.7

Dairy prices rise sharply; Hong Kong struggles economically; Beijing preparing for "downward pressures"; RBA's policy shifts hesitant; UST 10yr 1.54%, oil and gold soft; NZ$1 = 71.1 USc; TWI-5 = 74.7

A review of things you need to know before you go home on Tuesday; more big retail rate changes, Barfoot's prices up, another huge building consent month, eyes on GDT, swaps slip, NZD stable, & more

A review of things you need to know before you go home on Tuesday; more big retail rate changes, Barfoot's prices up, another huge building consent month, eyes on GDT, swaps slip, NZD stable, & more

Global factories in healthy expansions; Hong Kong growth elusive; financial market liquidity under stress; Aussie property market tops out; UST 10yr 1.57%, oil soft and gold firm; NZ$1 = 71.9 USc; TWI-5 = 75.5

Global factories in healthy expansions; Hong Kong growth elusive; financial market liquidity under stress; Aussie property market tops out; UST 10yr 1.57%, oil soft and gold firm; NZ$1 = 71.9 USc; TWI-5 = 75.5

Ahead of some major public policy set pieces, New Zealand's largest mortgage lender follows its rivals with higher rates, pushing its 3 year fixed rate to the highest of any bank for that term. ASB goes even higher

Ahead of some major public policy set pieces, New Zealand's largest mortgage lender follows its rivals with higher rates, pushing its 3 year fixed rate to the highest of any bank for that term. ASB goes even higher

A review of things you need to know before you go home on Monday; Many retail rate changes, house listings surge, Westpac's profits recover, swaps lower, NZD stable, & more

A review of things you need to know before you go home on Monday; Many retail rate changes, house listings surge, Westpac's profits recover, swaps lower, NZD stable, & more

Chinese PMIs sag; Japanese consumer confidence up; global FDI recovers into China, US; US & EU inflation high; RBA doesn't defend; UST 10yr 1.56%, oil firm and gold soft; NZ$1 = 71.7 USc; TWI-5 = 75.3

Chinese PMIs sag; Japanese consumer confidence up; global FDI recovers into China, US; US & EU inflation high; RBA doesn't defend; UST 10yr 1.56%, oil firm and gold soft; NZ$1 = 71.7 USc; TWI-5 = 75.3

US spending holds up despite income slip; Evergrande makes second payment; Japan more confident; Aussie retail sales rise encouraging; UST 10yr 1.55%, oil firm and gold soft; NZ$1 = 71.6 USc; TWI-5 = 75.2

US spending holds up despite income slip; Evergrande makes second payment; Japan more confident; Aussie retail sales rise encouraging; UST 10yr 1.55%, oil firm and gold soft; NZ$1 = 71.6 USc; TWI-5 = 75.2

A review of things you need to know before you go home on Friday; more retail rate increases, confidence falls, deposits rise faster than loans, RBA sends signal by non-action, swaps consolidate, NZD stable, & more

A review of things you need to know before you go home on Friday; more retail rate increases, confidence falls, deposits rise faster than loans, RBA sends signal by non-action, swaps consolidate, NZD stable, & more

US expansion slows; US jobless claims drop; China eyes weaker growth; Japanese retail makes unexpected gains; analysts see RBA hiking earlier; UST 10yr 1.57%, oil soft and gold firm; NZ$1 = 72.1 USc; TWI-5 = 75.3

US expansion slows; US jobless claims drop; China eyes weaker growth; Japanese retail makes unexpected gains; analysts see RBA hiking earlier; UST 10yr 1.57%, oil soft and gold firm; NZ$1 = 72.1 USc; TWI-5 = 75.3

A whiff of instability and broken deal making stalks wholesale money markets, suddenly raising the stakes for indebted homeowners, especially those who need to roll over soon

A whiff of instability and broken deal making stalks wholesale money markets, suddenly raising the stakes for indebted homeowners, especially those who need to roll over soon

A review of things you need to know before you go home on Thursday; no home loan rate changes today, ANZ's profits jump sharply; Auckland rents stall; swaps jump again, NZD holds, & more

A review of things you need to know before you go home on Thursday; no home loan rate changes today, ANZ's profits jump sharply; Auckland rents stall; swaps jump again, NZD holds, & more

US data mixed; Canada ends QE; Chinese profits rise; Germans pay much more for imports; Aussie inflation trouble for the RBA; UST 10yr 1.53%, oil soft and gold stable; NZ$1 = 71.8 USc; TWI-5 = 75.3

US data mixed; Canada ends QE; Chinese profits rise; Germans pay much more for imports; Aussie inflation trouble for the RBA; UST 10yr 1.53%, oil soft and gold stable; NZ$1 = 71.8 USc; TWI-5 = 75.3

Wholesale swap rates get new energy to push on sharply higher, even on top of the recent sharp increases. This fire is now well ablaze

Wholesale swap rates get new energy to push on sharply higher, even on top of the recent sharp increases. This fire is now well ablaze

A review of things you need to know before you go home on Wednesday; many retail rate changes, import surge, business costs pressures not easing, insurer stress tests, swaps up sharply again, NZD holds, & more

A review of things you need to know before you go home on Wednesday; many retail rate changes, import surge, business costs pressures not easing, insurer stress tests, swaps up sharply again, NZD holds, & more