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 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
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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
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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
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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
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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
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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
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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
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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
5
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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
BNZ raises its term deposit offers sharply, and is now the market-leading main bank, even offering a 3% rate for a five year term. These sharp moves might have an outsized impact on challenger banks
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BNZ raises its term deposit offers sharply, and is now the market-leading main bank, even offering a 3% rate for a five year term. These sharp moves might have an outsized impact on challenger banks
US data improves; UST yields rise with breakeven rates; another Chinese developer defaults; East Asian data weakens; magnesium price drops; UST 10yr 1.62%, oil firm and gold soft; NZ$1 = 71.6 USc; TWI-5 = 75.1
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US data improves; UST yields rise with breakeven rates; another Chinese developer defaults; East Asian data weakens; magnesium price drops; UST 10yr 1.62%, oil firm and gold soft; NZ$1 = 71.6 USc; TWI-5 = 75.1