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
US election result clear & uncontested; markets react to impending weaknesses; EU PPI deflates; AiG index dives; UST 10yr jumps to 4.42%; gold drops hard; oil soft; NZ$1 = 59.4 USc; TWI = 68.7
7th Nov 24, 7:20am
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US election result clear & uncontested; markets react to impending weaknesses; EU PPI deflates; AiG index dives; UST 10yr jumps to 4.42%; gold drops hard; oil soft; NZ$1 = 59.4 USc; TWI = 68.7
A review of things you need to know before you sign off on Wednesday; no retail rate changes, rents stable, jobless rate rises, pay trimmed, dairy prices rise, Govt subsidises meat marketing campaign, swaps stable, NZD soft, & more
6th Nov 24, 3:59pm
59
A review of things you need to know before you sign off on Wednesday; no retail rate changes, rents stable, jobless rate rises, pay trimmed, dairy prices rise, Govt subsidises meat marketing campaign, swaps stable, NZD soft, & more
Dairy prices jump; US data strong; Boeing strike ends with big wage gains; China services rise; RBA holds; UST 10yr 4.34%; gold soft but oil firm; NZ$1 = 60 USc; TWI = 68.7
6th Nov 24, 7:20am
24
Dairy prices jump; US data strong; Boeing strike ends with big wage gains; China services rise; RBA holds; UST 10yr 4.34%; gold soft but oil firm; NZ$1 = 60 USc; TWI = 68.7
A review of things you need to know before you sign off on Tuesday; TSB goes low, household living costs still above CPI, retail card activity limps, mortgage borrowers bet on more rate cuts, swaps stable, NZD little-changed, & more
5th Nov 24, 3:59pm
57
A review of things you need to know before you sign off on Tuesday; TSB goes low, household living costs still above CPI, retail card activity limps, mortgage borrowers bet on more rate cuts, swaps stable, NZD little-changed, & more
TSB launches 5.69% 'special offer' for one year fixed home loan rate, lower than any main bank's carded rate for that term
5th Nov 24, 9:37am
18
TSB launches 5.69% 'special offer' for one year fixed home loan rate, lower than any main bank's carded rate for that term
Global factories downshift; US factory orders soft; China banks face foreclosure surge; India regains factory momentum; eyes on the RBA; UST 10yr 4.33%; gold soft but oil firm; NZ$1 = 59.8 USc; TWI = 68.7
5th Nov 24, 7:19am
37
Global factories downshift; US factory orders soft; China banks face foreclosure surge; India regains factory momentum; eyes on the RBA; UST 10yr 4.33%; gold soft but oil firm; NZ$1 = 59.8 USc; TWI = 68.7
A review of things you need to know before you sign off on Monday; few retail rate changes, B&T's listings surge, auctions go regional, Westpac profit rises, livestock prices firm, car sales hang in, swaps flat, NZD firmish, & more
4th Nov 24, 3:59pm
31
A review of things you need to know before you sign off on Monday; few retail rate changes, B&T's listings surge, auctions go regional, Westpac profit rises, livestock prices firm, car sales hang in, swaps flat, NZD firmish, & more
The US non-farm payrolls miss dominates the chat, but markets ignore it; Canada wages rise; China PMIs turn positive; Aussie PMI still contracting; UST 10yr 4.37%; gold and oil stable; NZ$1 = 59.7 USc; TWI = 68.7
4th Nov 24, 7:20am
64
The US non-farm payrolls miss dominates the chat, but markets ignore it; Canada wages rise; China PMIs turn positive; Aussie PMI still contracting; UST 10yr 4.37%; gold and oil stable; NZ$1 = 59.7 USc; TWI = 68.7
US jobs growth undershoots, blamed on hurricanes and strikes; markets take it in their stride; Canada PMIs expand; Aussie housing hits limits; UST 10yr 4.37%; gold and oil stable; NZ$1 = 59.7 USc; TWI = 68.7
2nd Nov 24, 8:36am
23
US jobs growth undershoots, blamed on hurricanes and strikes; markets take it in their stride; Canada PMIs expand; Aussie housing hits limits; UST 10yr 4.37%; gold and oil stable; NZ$1 = 59.7 USc; TWI = 68.7
[updated]
A review of things you need to know before you sign off on Friday; housing market flooded by sellers, values ease, many more auctions, building permits weak, IRD on the warpath, swaps low & stable, NZD eases, & more
1st Nov 24, 3:59pm
66
A review of things you need to know before you sign off on Friday; housing market flooded by sellers, values ease, many more auctions, building permits weak, IRD on the warpath, swaps low & stable, NZD eases, & more
Here are the key changes to know about in the New Zealand equity market; NZX50 slips with Tower, Briscoes and Goodman Property. But Vulcan Steel, the Warehouse and Channel Infrastructure rise
1st Nov 24, 3:04pm
1
Here are the key changes to know about in the New Zealand equity market; NZX50 slips with Tower, Briscoes and Goodman Property. But Vulcan Steel, the Warehouse and Channel Infrastructure rise
US jobs, income and spending all solid; Canada average earnings spurt; China PMIs make small gains; Japan retail soft; container freight rates stop falling; UST 10yr 4.27%; gold falls and oil stable; NZ$1 = 59.6 USc; TWI = 68.6
1st Nov 24, 7:20am
52
US jobs, income and spending all solid; Canada average earnings spurt; China PMIs make small gains; Japan retail soft; container freight rates stop falling; UST 10yr 4.27%; gold falls and oil stable; NZ$1 = 59.6 USc; TWI = 68.6
[updated]
A review of things you need to know before you sign off on Thursday; more rate cuts for savers, surprise rise in business sentiment, more people work at big businesses, more milk, swaps & NZD stable, & more
31st Oct 24, 3:59pm
78
A review of things you need to know before you sign off on Thursday; more rate cuts for savers, surprise rise in business sentiment, more people work at big businesses, more milk, swaps & NZD stable, & more
Consumers push US Q3-GDP higher; US jobs growth outsized; China pays more in interest; EU GDP expands; Aussie inflation eases; UST 10yr 4.29%; gold rises and oil holds; NZ$1 = 59.6 USc; TWI = 68.7
31st Oct 24, 7:19am
100
Consumers push US Q3-GDP higher; US jobs growth outsized; China pays more in interest; EU GDP expands; Aussie inflation eases; UST 10yr 4.29%; gold rises and oil holds; NZ$1 = 59.6 USc; TWI = 68.7
A review of things you need to know before you sign off on Wednesday; some more floating rate cuts, Woolworths misfires, Fonterra in favour, hydro lakes back to normal, swaps asleep, NZD holds, & more
30th Oct 24, 4:00pm
77
A review of things you need to know before you sign off on Wednesday; some more floating rate cuts, Woolworths misfires, Fonterra in favour, hydro lakes back to normal, swaps asleep, NZD holds, & more
US data quite positive; China readies ¥10 tln stimulus; Singapore PPI drops hard; German sentiment rises; EU pushes ahead with EV tariffs; UST 10yr 4.29%; gold rises and oil holds; NZ$1 = 59.6 USc; TWI = 68.87
30th Oct 24, 7:18am
77
US data quite positive; China readies ¥10 tln stimulus; Singapore PPI drops hard; German sentiment rises; EU pushes ahead with EV tariffs; UST 10yr 4.29%; gold rises and oil holds; NZ$1 = 59.6 USc; TWI = 68.87
A review of things you need to know before you sign off on Tuesday; Kiwibank cuts a key rate, jobs market stable, NZ Post eyes reduced service, Fonterra to tap bond market, swaps little-changed, NZD stays low, & more
29th Oct 24, 3:59pm
106
A review of things you need to know before you sign off on Tuesday; Kiwibank cuts a key rate, jobs market stable, NZ Post eyes reduced service, Fonterra to tap bond market, swaps little-changed, NZD stays low, & more
[updated]
New lows for key home loan rate offers keep coming, the latest from Kiwibank who had the market-leading position for the popular one year fixed rate. Then Heartland goes lower
29th Oct 24, 9:21am
17
New lows for key home loan rate offers keep coming, the latest from Kiwibank who had the market-leading position for the popular one year fixed rate. Then Heartland goes lower
China data weak, concerns of down spiral; US data weak but sentiment improves; Canada retail rises; UST 10yr 4.29%; gold slips and oil dives; NZ$1 = 59.8 USc; TWI = 68.8
29th Oct 24, 7:20am
97
China data weak, concerns of down spiral; US data weak but sentiment improves; Canada retail rises; UST 10yr 4.29%; gold slips and oil dives; NZ$1 = 59.8 USc; TWI = 68.8
Councils seem about to lose their monopoly to issue building consents
US sentiment up; Canada retail sales firm; China FDI low; alarm over waning Chinese domestic consumption; Russia jerks rates higher; Queensland at the polls; UST 10yr 4.25%; gold and oil up; NZ$1 = 59.8 USc; TWI = 68.7
26th Oct 24, 8:42am
118
US sentiment up; Canada retail sales firm; China FDI low; alarm over waning Chinese domestic consumption; Russia jerks rates higher; Queensland at the polls; UST 10yr 4.25%; gold and oil up; NZ$1 = 59.8 USc; TWI = 68.7
A review of things you need to know before you sign off on Friday; consumer sentiment stops improving, FHBs active, JobSeeker numbers fall, early KiwiSaver withdrawals stay very low, swaps dip, NZD holds, & more
25th Oct 24, 3:59pm
46
A review of things you need to know before you sign off on Friday; consumer sentiment stops improving, FHBs active, JobSeeker numbers fall, early KiwiSaver withdrawals stay very low, swaps dip, NZD holds, & more
US data positive; Korea growth slows; India rises but faces high inflation; UN report shows climate battle essentially lost; freight rates fall; UST 10yr 4.19%; gold up and oil down; NZ$1 = 60.1 USc; TWI = 68.9
25th Oct 24, 7:22am
112
US data positive; Korea growth slows; India rises but faces high inflation; UN report shows climate battle essentially lost; freight rates fall; UST 10yr 4.19%; gold up and oil down; NZ$1 = 60.1 USc; TWI = 68.9
A review of things you need to know before you sign off on Thursday; Heartland cuts TD rates, fewer new homes in Auckland, Orr eyes smaller cuts, high mortgage interest burden, swaps stable, NZD soft, & more
24th Oct 24, 3:59pm
57
A review of things you need to know before you sign off on Thursday; Heartland cuts TD rates, fewer new homes in Auckland, Orr eyes smaller cuts, high mortgage interest burden, swaps stable, NZD soft, & more
US housing market weak; UST yields rise; Canada cuts; Taiwan data strong; China gears up for Singles Day; EU sentiment recovers; UST 10yr 4.25%; gold and oil down; NZ$1 = 60 USc; TWI = 69
24th Oct 24, 7:20am
42
US housing market weak; UST yields rise; Canada cuts; Taiwan data strong; China gears up for Singles Day; EU sentiment recovers; UST 10yr 4.25%; gold and oil down; NZ$1 = 60 USc; TWI = 69