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David Chaston

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.

Member for

15 years 8 months

Latest articles

A review of things you need to know before you go home on Friday; more rates cuts, more bounce-back data, Crown accounts further in the red, auction market buoyant, swaps hold, NZD unchanged, & more
10th Jul 20, 3:59pm
52
A review of things you need to know before you go home on Friday; more rates cuts, more bounce-back data, Crown accounts further in the red, auction market buoyant, swaps hold, NZD unchanged, & more
US jobless claims high, support nears end; China CPI rate stops falling; China office overbuilding grows; Aussie house lending dives; Australia warns on China; UST 10yr yield at 0.61%; oil and gold lower; NZ$1 = 65.7 USc; TWI-5 = 70.3
10th Jul 20, 7:21am
132
US jobless claims high, support nears end; China CPI rate stops falling; China office overbuilding grows; Aussie house lending dives; Australia warns on China; UST 10yr yield at 0.61%; oil and gold lower; NZ$1 = 65.7 USc; TWI-5 = 70.3
A review of things you need to know before you go home on Thursday; more rate cuts, better local bounceback data, Govt bond tender popular, China-Australia fight gets uglier, swaps unchanged, NZD firms, & more
9th Jul 20, 3:59pm
54
A review of things you need to know before you go home on Thursday; more rate cuts, better local bounceback data, Govt bond tender popular, China-Australia fight gets uglier, swaps unchanged, NZD firms, & more
Westpac matches ANZ and Bank of China with a one year 2.55% one year fixed 'special', a market-leading rate. Westpac also cuts almost all its term deposit rates
9th Jul 20, 3:03pm
13
Westpac matches ANZ and Bank of China with a one year 2.55% one year fixed 'special', a market-leading rate. Westpac also cuts almost all its term deposit rates
US consumer credit balances fall; MNC tax cheating clearer; Facebook's own audit pans company; Australia effectively suspends responsible lending rules; UST 10yr yield at 0.65%; oil unchanged and gold up; NZ$1 = 65.7 USc; TWI-5 = 70.3
9th Jul 20, 7:21am
110
US consumer credit balances fall; MNC tax cheating clearer; Facebook's own audit pans company; Australia effectively suspends responsible lending rules; UST 10yr yield at 0.65%; oil unchanged and gold up; NZ$1 = 65.7 USc; TWI-5 = 70.3
A review of things you need to know before you go home on Wednesday; a key mortgage rate cut, many TD cuts, dairy prices jump, housing value up sharply, swaps unchanged, NZD soft, & more
8th Jul 20, 3:59pm
89
A review of things you need to know before you go home on Wednesday; a key mortgage rate cut, many TD cuts, dairy prices jump, housing value up sharply, swaps unchanged, NZD soft, & more
Dairy prices jump; US retails sales slip; Japanese households pull back; EU hole gets deeper; Australian banks extend mortgage deferrals; UST 10yr yield at 0.65%; oil unchanged and gold up; NZ$1 = 65.6 USc; TWI-5 = 70.3
8th Jul 20, 7:21am
106
Dairy prices jump; US retails sales slip; Japanese households pull back; EU hole gets deeper; Australian banks extend mortgage deferrals; UST 10yr yield at 0.65%; oil unchanged and gold up; NZ$1 = 65.6 USc; TWI-5 = 70.3
ANZ cuts all its 'special' home loan rates, with two of them down to market-leading levels and probably sparking a renewed round of rate slicing. It is also cutting almost all its term deposit rates
7th Jul 20, 5:43pm
51
ANZ cuts all its 'special' home loan rates, with two of them down to market-leading levels and probably sparking a renewed round of rate slicing. It is also cutting almost all its term deposit rates
A review of things you need to know before you go home on Tuesday; business confidence stays weak, Barfoot's auction activity firm, hospitality lags retail's bounce, swaps steepen, NZD firm, & more
7th Jul 20, 3:59pm
45
A review of things you need to know before you go home on Tuesday; business confidence stays weak, Barfoot's auction activity firm, hospitality lags retail's bounce, swaps steepen, NZD firm, & more
US service sector rising; China equities lead Wall Street; weak data from many economies; virus toll rising faster; UST 10yr yield at 0.70%; oil and gold up; NZ$1 = 65.6 USc; TWI-5 = 70.2
7th Jul 20, 7:19am
81
US service sector rising; China equities lead Wall Street; weak data from many economies; virus toll rising faster; UST 10yr yield at 0.70%; oil and gold up; NZ$1 = 65.6 USc; TWI-5 = 70.2
A review of things you need to know before you go home on Monday; more TD rate cuts, ACC levies to stay unchanged, commodity prices soft, Shanghai equities on a tear; swaps unchanged, NZX firm, & more
6th Jul 20, 3:59pm
93
A review of things you need to know before you go home on Monday; more TD rate cuts, ACC levies to stay unchanged, commodity prices soft, Shanghai equities on a tear; swaps unchanged, NZX firm, & more
Most Asian economies contracting, except China; Australia and US face fiscal cliffs; Vancouver housing back to normal; eyes on Q2 corporate earnings; UST 10yr yield at 0.67%; oil and gold unchanged; NZ$1 = 65.3 USc; TWI-5 = 70.2
6th Jul 20, 7:21am
72
Most Asian economies contracting, except China; Australia and US face fiscal cliffs; Vancouver housing back to normal; eyes on Q2 corporate earnings; UST 10yr yield at 0.67%; oil and gold unchanged; NZ$1 = 65.3 USc; TWI-5 = 70.2
Household financial choices are suddenly driving some important shifts in how banks are funded. Businesses are also conserving cash and keeping it in short term accounts. Meanwhile, banks are finding it hard to lend it out
4th Jul 20, 11:20am
45
Household financial choices are suddenly driving some important shifts in how banks are funded. Businesses are also conserving cash and keeping it in short term accounts. Meanwhile, banks are finding it hard to lend it out
US economy shrinking but Wall Street is up; Singapore and Japan contracting; China growing but hit by floods; Aussie retail recovers; UST 10yr yield at 0.67%; oil and gold unchanged; NZ$1 = 65.3 USc; TWI-5 = 70.2
4th Jul 20, 8:33am
78
US economy shrinking but Wall Street is up; Singapore and Japan contracting; China growing but hit by floods; Aussie retail recovers; UST 10yr yield at 0.67%; oil and gold unchanged; NZ$1 = 65.3 USc; TWI-5 = 70.2
A review of things you need to know before you go home on Friday; agents see lower house prices, used imports preferred to new cars, swaps unchanged, NZD firmer, & more
3rd Jul 20, 3:59pm
38
A review of things you need to know before you go home on Friday; agents see lower house prices, used imports preferred to new cars, swaps unchanged, NZD firmer, & more
US non-farm payrolls less-worse than expected; US trade deficit at new record; China vehicle sales rise; Wall Street heads for good gains; UST 10yr yield at 0.67%; oil and gold up; NZ$1 = 64.7 USc; TWI-5 = 70
3rd Jul 20, 7:33am
103
US non-farm payrolls less-worse than expected; US trade deficit at new record; China vehicle sales rise; Wall Street heads for good gains; UST 10yr yield at 0.67%; oil and gold up; NZ$1 = 64.7 USc; TWI-5 = 70
A review of things you need to know before you go home on Thursday; TSB cuts mortgage rates, Barfoots sales volumes solid, FMA frustrated, another huge Govt bond tender, swaps steepen and rise, NZD rises, & more
2nd Jul 20, 3:59pm
38
A review of things you need to know before you go home on Thursday; TSB cuts mortgage rates, Barfoots sales volumes solid, FMA frustrated, another huge Govt bond tender, swaps steepen and rise, NZD rises, & more
Jobs the weakness in factory rebound; US car sales weak; China expands while others contract; Aussie house prices slip; UST 10yr yield at 0.68%; oil firm but gold soft; NZ$1 = 64.7 USc; TWI-5 = 69.5
2nd Jul 20, 7:21am
98
Jobs the weakness in factory rebound; US car sales weak; China expands while others contract; Aussie house prices slip; UST 10yr yield at 0.68%; oil firm but gold soft; NZ$1 = 64.7 USc; TWI-5 = 69.5
A review of things you need to know before you go home on Wednesday; many more retail rate cuts, housing now a buyers market, high residential building consents issued, swaps steepen, NZD firm, & more
1st Jul 20, 3:59pm
55
A review of things you need to know before you go home on Wednesday; many more retail rate cuts, housing now a buyers market, high residential building consents issued, swaps steepen, NZD firm, & more
US economic data very weak; US housing stress rises; China factory PMIs expanding faster; Aussie housing risks rise; markets ignore risks; UST 10yr yield at 0.65%; oil soft and gold at eight year high; NZ$1 = 64.5 USc; TWI-5 = 69.4
1st Jul 20, 7:18am
130
US economic data very weak; US housing stress rises; China factory PMIs expanding faster; Aussie housing risks rise; markets ignore risks; UST 10yr yield at 0.65%; oil soft and gold at eight year high; NZ$1 = 64.5 USc; TWI-5 = 69.4
A review of things you need to know before you go home on Tuesday; job losses coming, farmer confidence low, consumer debt levels fall, TD balances rise, swaps stable, NZD stable, & more
30th Jun 20, 3:59pm
74
A review of things you need to know before you go home on Tuesday; job losses coming, farmer confidence low, consumer debt levels fall, TD balances rise, swaps stable, NZD stable, & more
Bouncebacks for US house sales, Canadian building permits, Japan retail sales fail to inspire; China exerts social control through banking; UST 10yr yield at 0.64%; oil firm and gold soft; NZ$1 = 64.1 USc; TWI-5 = 69.1
30th Jun 20, 7:26am
83
Bouncebacks for US house sales, Canadian building permits, Japan retail sales fail to inspire; China exerts social control through banking; UST 10yr yield at 0.64%; oil firm and gold soft; NZ$1 = 64.1 USc; TWI-5 = 69.1
A review of things you need to know before you go home on Monday; more TD rate cuts, pay cuts hit hard, RBNZ drifts north faster, trans-Tasman bubble slips away; swaps lower & flatter, NZD holds firm, & more
29th Jun 20, 3:59pm
64
A review of things you need to know before you go home on Monday; more TD rate cuts, pay cuts hit hard, RBNZ drifts north faster, trans-Tasman bubble slips away; swaps lower & flatter, NZD holds firm, & more
China data better than most but still somber; US Fed restricts big banks further; US households spending unsustainable; IMF warns; US COVID cases out of control; UST 10yr yield at 0.64%; oil soft and gold up; NZ$1 = 64.2 USc; TWI-5 = 69.2
29th Jun 20, 7:19am
121
China data better than most but still somber; US Fed restricts big banks further; US households spending unsustainable; IMF warns; US COVID cases out of control; UST 10yr yield at 0.64%; oil soft and gold up; NZ$1 = 64.2 USc; TWI-5 = 69.2
Fed imposes restraints on banks; US consumer sentiment weak; US spending and income tracks unsustainable; Wall Street sinks; China doused; RBA reveals fears; UST 10yr yield at 0.64%; oil down and gold up; NZ$1 = 64.3 USc; TWI-5 = 69.2
27th Jun 20, 8:29am
76
Fed imposes restraints on banks; US consumer sentiment weak; US spending and income tracks unsustainable; Wall Street sinks; China doused; RBA reveals fears; UST 10yr yield at 0.64%; oil down and gold up; NZ$1 = 64.3 USc; TWI-5 = 69.2