David Chaston

OECD warns on Omicron, separately on NZ; global factories expanding, except in China; Turkey sells reserves to prop up lira; Aussie Q3 GDP slips; UST10yr 1.44%; oil and gold recover; NZ$1 = 68.4 USc; TWI-5 = 73.1

OECD warns on Omicron, separately on NZ; global factories expanding, except in China; Turkey sells reserves to prop up lira; Aussie Q3 GDP slips; UST10yr 1.44%; oil and gold recover; NZ$1 = 68.4 USc; TWI-5 = 73.1

A review of things you need to know before you go home on Wednesday; many retail rate changes, building consents rise again, KiwiSaver funds drop member fees, swaps firm, NZD recovers, & more

A review of things you need to know before you go home on Wednesday; many retail rate changes, building consents rise again, KiwiSaver funds drop member fees, swaps firm, NZD recovers, & more

Small but widespread moves up in at-call interest rates are finally happening to reward savers who have been patiently waiting with rising balances

Small but widespread moves up in at-call interest rates are finally happening to reward savers who have been patiently waiting with rising balances

Markets sink as Powell signals faster taper; US retail confidence data soft; Chinese PMIs still trending lower; EU inflation at 30 year high; UST10yr 1.45%; oil sinks, gold lower; NZ$1 = 67.9 USc; TWI-5 = 72.7

Markets sink as Powell signals faster taper; US retail confidence data soft; Chinese PMIs still trending lower; EU inflation at 30 year high; UST10yr 1.45%; oil sinks, gold lower; NZ$1 = 67.9 USc; TWI-5 = 72.7

A review of things you need to know before you go home on Tuesday; a few minor retail rate changes, dairy prices up, business confidence sags, business lending jumps, swaps stable, NZD marginally softer, & more

A review of things you need to know before you go home on Tuesday; a few minor retail rate changes, dairy prices up, business confidence sags, business lending jumps, swaps stable, NZD marginally softer, & more

Second tier US data positive; Vancouver port in 'distress'; China rents fall; German CPI leaps; EU sentiment dips; UST10yr 1.51%; oil bounces, gold unchanged; NZ$1 = 67.9 USc; TWI-5 = 72.8

Second tier US data positive; Vancouver port in 'distress'; China rents fall; German CPI leaps; EU sentiment dips; UST10yr 1.51%; oil bounces, gold unchanged; NZ$1 = 67.9 USc; TWI-5 = 72.8

A review of things you need to know before you go home on Monday; retail rates rise modestly, modest rise in filled jobs, grocery shelves empty & prices up, swaps confused, NZD soft, & more

A review of things you need to know before you go home on Monday; retail rates rise modestly, modest rise in filled jobs, grocery shelves empty & prices up, swaps confused, NZD soft, & more

BNZ and Kiwibank make market share gains in home loans in the third quarter, but it is BNZ that has built momentum over the past year

BNZ and Kiwibank make market share gains in home loans in the third quarter, but it is BNZ that has built momentum over the past year

Suddenly, the rise and rise of fixed mortgage rates looks less certain as financial markets recoil at Omicron. Maybe that opens up an opportunity for borrowers to seek discounts off the new higher carded rates

Suddenly, the rise and rise of fixed mortgage rates looks less certain as financial markets recoil at Omicron. Maybe that opens up an opportunity for borrowers to seek discounts off the new higher carded rates

Markets confused about what Omicron will bring; China reports strong industrial profits; Black Friday may have been a retail fizzer; new sudden travel restrictions; UST 10yr 1.48%, oil dives and gold soft; NZ$1 = 68.1 USc; TWI-5 = 72.8

Markets confused about what Omicron will bring; China reports strong industrial profits; Black Friday may have been a retail fizzer; new sudden travel restrictions; UST 10yr 1.48%, oil dives and gold soft; NZ$1 = 68.1 USc; TWI-5 = 72.8

Sudden dive in markets as virus risks rise; commodity prices, equity prices, and interest rates all sink; other data releases become irrelevant; UST 10yr 1.48%, oil dives and gold soft; NZ$1 = 68.2 USc; TWI-5 = 72.9

Sudden dive in markets as virus risks rise; commodity prices, equity prices, and interest rates all sink; other data releases become irrelevant; UST 10yr 1.48%, oil dives and gold soft; NZ$1 = 68.2 USc; TWI-5 = 72.9

A review of things you need to know before you go home on Friday; confidence holds locally, KiwiSaver valuation jumps, SBS profits strong, new virus concerns, equities dive, swaps sink, NZD falls, & more

A review of things you need to know before you go home on Friday; confidence holds locally, KiwiSaver valuation jumps, SBS profits strong, new virus concerns, equities dive, swaps sink, NZD falls, & more

US on holiday; China moves to support SME exporters; lithium price ever higher; ECB still sees inflation transitory; Turks shun their own currency; UST 10yr 1.65%, oil and gold unchanged; NZ$1 = 68.6 USc; TWI-5 = 73.5

US on holiday; China moves to support SME exporters; lithium price ever higher; ECB still sees inflation transitory; Turks shun their own currency; UST 10yr 1.65%, oil and gold unchanged; NZ$1 = 68.6 USc; TWI-5 = 73.5

A review of things you need to know before you go home on Thursday; floating rates up, bank profits up, trade deficit widens sharply, La Niña here, swaps stay lower, NZD stays soft, & more

A review of things you need to know before you go home on Thursday; floating rates up, bank profits up, trade deficit widens sharply, La Niña here, swaps stay lower, NZD stays soft, & more

US economic data quite positive; re-shoring gains momentum; German business sentiment weakens; Hong Kong no longer a power-city; UST 10yr 1.65%, oil stable and gold up; NZ$1 = 68.8 USc; TWI-5 = 73.7

US economic data quite positive; re-shoring gains momentum; German business sentiment weakens; Hong Kong no longer a power-city; UST 10yr 1.65%, oil stable and gold up; NZ$1 = 68.8 USc; TWI-5 = 73.7

A review of things you need to know before you go home on Wednesday; OCR raised +25 bps on way to 2.6% over time; affordability worsens; travel restriction easing; FHBs still very active, swaps fall sharply, NZD eases, & more

A review of things you need to know before you go home on Wednesday; OCR raised +25 bps on way to 2.6% over time; affordability worsens; travel restriction easing; FHBs still very active, swaps fall sharply, NZD eases, & more

ASB the first bank to increase floating home loan rates following the 25 basis points OCR rise, but only by 15 basis points, ANZ adds 20 basis points, Kiwibank, Westpac and BNZ add 25 bps

ASB the first bank to increase floating home loan rates following the 25 basis points OCR rise, but only by 15 basis points, ANZ adds 20 basis points, Kiwibank, Westpac and BNZ add 25 bps

US PMIs stay strong; Beijing on high alert for economy risks; WHO warns Europe on coming disaster; coordinated oil release to battle inflation; UST 10yr 1.65%, oil up and gold down; NZ$1 = 69.4 USc; TWI-5 = 74.2

US PMIs stay strong; Beijing on high alert for economy risks; WHO warns Europe on coming disaster; coordinated oil release to battle inflation; UST 10yr 1.65%, oil up and gold down; NZ$1 = 69.4 USc; TWI-5 = 74.2

A review of things you need to know before you go home on Tuesday; ANZ raises term deposit rates, retail sales hit hard in Q3, RBNZ looking closely at DTIs and floor rates, swaps await RBNZ signals, NZD soft, & more

A review of things you need to know before you go home on Tuesday; ANZ raises term deposit rates, retail sales hit hard in Q3, RBNZ looking closely at DTIs and floor rates, swaps await RBNZ signals, NZD soft, & more

ANZ offers 3% pa for a three year term deposit term, the first time in this cycle a 3% offer for three years has appeared. But banks are raising term deposit rates slower than mortgage rates, and the difference is the widest on record

ANZ offers 3% pa for a three year term deposit term, the first time in this cycle a 3% offer for three years has appeared. But banks are raising term deposit rates slower than mortgage rates, and the difference is the widest on record

Powell reappointed; US activity rebounds; Hong Kong stagnating; Taiwan export order growth slows; Germany issues dire pandemic warnings; UST 10yr 1.60%, oil up and gold down; NZ$1 = 69.7 USc; TWI-5 = 74.4

Powell reappointed; US activity rebounds; Hong Kong stagnating; Taiwan export order growth slows; Germany issues dire pandemic warnings; UST 10yr 1.60%, oil up and gold down; NZ$1 = 69.7 USc; TWI-5 = 74.4

A review of things you need to know before you go home on Monday; ANZ leads rates higher, property brakes go on, farms sell well, ditto lifestyle blocks, swaps soft, NZD firm, & more

A review of things you need to know before you go home on Monday; ANZ leads rates higher, property brakes go on, farms sell well, ditto lifestyle blocks, swaps soft, NZD firm, & more

Market conditions for Mum & Dad residential housing investors have changed and the future looks tough for them as a series of regulatory changes take an increasing toll on their cash flows

Market conditions for Mum & Dad residential housing investors have changed and the future looks tough for them as a series of regulatory changes take an increasing toll on their cash flows

Following ASB and Westpac, ANZ as the largest home loan lender raises its carded offers, pushing some rates to new higher territory. One year rates now have a 70 bps advantage

Following ASB and Westpac, ANZ as the largest home loan lender raises its carded offers, pushing some rates to new higher territory. One year rates now have a 70 bps advantage

PBoC battling stagflation; China's tax take falls; eyes on Fed boss decision; supply chain pressures easing; coal trade challenged; Aussie houses sell slower; UST 10yr 1.55%, oil and gold soft; NZ$1 = 69.9 USc; TWI-5 = 74.6

PBoC battling stagflation; China's tax take falls; eyes on Fed boss decision; supply chain pressures easing; coal trade challenged; Aussie houses sell slower; UST 10yr 1.55%, oil and gold soft; NZ$1 = 69.9 USc; TWI-5 = 74.6