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
Wall Street in very sharp retreat; jobless claims stay very high; US household net worth dives; China car sales jump; more China-Australia diplomatic strain; UST 10yr yield at 0.66%; oil dumped and gold up; NZ$1 = 64.2 USc; TWI-5 = 68.9
12th Jun 20, 7:24am
193
Wall Street in very sharp retreat; jobless claims stay very high; US household net worth dives; China car sales jump; more China-Australia diplomatic strain; UST 10yr yield at 0.66%; oil dumped and gold up; NZ$1 = 64.2 USc; TWI-5 = 68.9
A review of things you need to know before you go home on Thursday; Kiwibank shakes up floating rates, wage subsidy lifeline, brace for job losses, new debt milestones, swaps unchanged, NZD soft, & more
11th Jun 20, 3:59pm
56
A review of things you need to know before you go home on Thursday; Kiwibank shakes up floating rates, wage subsidy lifeline, brace for job losses, new debt milestones, swaps unchanged, NZD soft, & more
Kiwibank throws a cat among the pigeons with cuts to its floating mortgage rate and other variable borrowing rates in move that could benefit small businesses
11th Jun 20, 11:10am
53
Kiwibank throws a cat among the pigeons with cuts to its floating mortgage rate and other variable borrowing rates in move that could benefit small businesses
New Zealand's largest home loan lender has adjusted its rate card lower. But none of the new lower levels are market-leading
11th Jun 20, 10:03am
1
New Zealand's largest home loan lender has adjusted its rate card lower. But none of the new lower levels are market-leading
The US Fed and the OECD issue grim forecasts; the OECD sees a second hit possible in Q4-2020; Aussie and China bank lending both fall; UST 10yr yield at 0.74%; oil and gold up; NZ$1 = 65.5 USc; TWI-5 = 69.9
11th Jun 20, 7:18am
125
The US Fed and the OECD issue grim forecasts; the OECD sees a second hit possible in Q4-2020; Aussie and China bank lending both fall; UST 10yr yield at 0.74%; oil and gold up; NZ$1 = 65.5 USc; TWI-5 = 69.9
A review of things you need to know before you go home on Wednesday; few rate changes, giant Crown deficit, higher electricity bills for many, GHGs reduced, swaps slip, NZD slips, & more
10th Jun 20, 3:59pm
24
A review of things you need to know before you go home on Wednesday; few rate changes, giant Crown deficit, higher electricity bills for many, GHGs reduced, swaps slip, NZD slips, & more
Retail sales slide in the US and record layoffs, lowest hiring levels; Japan machine tool orders stay very low; China kneels on Australia harder; UST 10yr yield at 0.83%; oil unchanged and gold up; NZ$1 = 65.2 USc; TWI-5 = 69.8
10th Jun 20, 7:23am
105
Retail sales slide in the US and record layoffs, lowest hiring levels; Japan machine tool orders stay very low; China kneels on Australia harder; UST 10yr yield at 0.83%; oil unchanged and gold up; NZ$1 = 65.2 USc; TWI-5 = 69.8
A review of things you need to know before you go home on Tuesday; more TD rate reductions, business sentiment low but up, truckometer metric improving, swaps flat, NZD firm, & more
9th Jun 20, 3:59pm
38
A review of things you need to know before you go home on Tuesday; more TD rate reductions, business sentiment low but up, truckometer metric improving, swaps flat, NZD firm, & more
US officially in recession; China data turns very positive; Aussie iron ore exports target $100 bln; India throws in the towel on virus containment; UST 10yr yield at 0.88%; oil down and gold up; NZ$1 = 65.5 USc; TWI-5 = 70.1
9th Jun 20, 7:18am
138
US officially in recession; China data turns very positive; Aussie iron ore exports target $100 bln; India throws in the towel on virus containment; UST 10yr yield at 0.88%; oil down and gold up; NZ$1 = 65.5 USc; TWI-5 = 70.1
A review of things you need to know before you go home on Monday; out the other side, commercial construction weakens, car insurance refunds, long term rates still rising, swaps unchanged, NZD firm, & more
8th Jun 20, 3:59pm
71
A review of things you need to know before you go home on Monday; out the other side, commercial construction weakens, car insurance refunds, long term rates still rising, swaps unchanged, NZD firm, & more
Bond markets flash interest rate risk; US jobs expand unexpectedly; China trade surplus jumps; reserves grow; China warns on Aussie travel; UST 10yr yield at 0.89%; oil up and gold down; NZ$1 = 65.1 USc; TWI-5 = 69.8
8th Jun 20, 7:21am
124
Bond markets flash interest rate risk; US jobs expand unexpectedly; China trade surplus jumps; reserves grow; China warns on Aussie travel; UST 10yr yield at 0.89%; oil up and gold down; NZ$1 = 65.1 USc; TWI-5 = 69.8
How to think about savings safety and returns. We build a template to help you think about alternatives to term deposits before you talk to a professional adviser
7th Jun 20, 9:21am
53
How to think about savings safety and returns. We build a template to help you think about alternatives to term deposits before you talk to a professional adviser
US labour market data surprises; Fed says consumer debt levels fall hard; China cancels some US ag buys; China consumer debt demand jumps; debt interest rates rising; UST 10yr yield at 0.89%; oil up and gold down; NZ$1 = 65.1 USc; TWI-5 = 69.9
6th Jun 20, 8:49am
103
US labour market data surprises; Fed says consumer debt levels fall hard; China cancels some US ag buys; China consumer debt demand jumps; debt interest rates rising; UST 10yr yield at 0.89%; oil up and gold down; NZ$1 = 65.1 USc; TWI-5 = 69.9
A review of things you need to know before you go home on Friday; wage subsidy extended, ANZ apology, PwC challenged, debt servicing easier, household net wealth falls, swaps stable, NZD up, & more
5th Jun 20, 3:59pm
34
A review of things you need to know before you go home on Friday; wage subsidy extended, ANZ apology, PwC challenged, debt servicing easier, household net wealth falls, swaps stable, NZD up, & more
Bank of China launches a new all-time low home loan rate just as wholesale markets try and turn up after reaching their own record lows
5th Jun 20, 11:12am
17
Bank of China launches a new all-time low home loan rate just as wholesale markets try and turn up after reaching their own record lows
More huge US jobless claims; US trade balance worsens; China loan deferrals; ECB doubles bond purchase support; Aussie retail dives; UST 10yr yield at 0.81%; oil and gold up; NZ$1 = 64.5 USc; TWI-5 = 69.2
5th Jun 20, 7:19am
153
More huge US jobless claims; US trade balance worsens; China loan deferrals; ECB doubles bond purchase support; Aussie retail dives; UST 10yr yield at 0.81%; oil and gold up; NZ$1 = 64.5 USc; TWI-5 = 69.2
A review of things you need to know before you go home on Thursday; more rate cuts, commodity prices hold high, Council rates rise fast, online spending leaps, swaps rise, NZD firm, & more
4th Jun 20, 3:59pm
32
A review of things you need to know before you go home on Thursday; more rate cuts, commodity prices hold high, Council rates rise fast, online spending leaps, swaps rise, NZD firm, & more
More big American job falls; US service sector contracts again; equity markets rise; China mulls joining the TPP; China's services PMI expands; UST 10yr yield at 0.76%; oil unchanged; gold down; NZ$1 = 64.3 USc; TWI-5 = 69.1
4th Jun 20, 7:21am
58
More big American job falls; US service sector contracts again; equity markets rise; China mulls joining the TPP; China's services PMI expands; UST 10yr yield at 0.76%; oil unchanged; gold down; NZ$1 = 64.3 USc; TWI-5 = 69.1
A review of things you need to know before you go home on Wednesday; another TD cut, some rebounds, more diversified that some assume, vanishing customers, slipping demand, swaps stable, NZD up, & more
3rd Jun 20, 3:59pm
60
A review of things you need to know before you go home on Wednesday; another TD cut, some rebounds, more diversified that some assume, vanishing customers, slipping demand, swaps stable, NZD up, & more
Kiwi dollar rising, undermining dairy prices; US challenges countries who impose digital taxes; US retail weak; China bond issuance strong; iron ore frenzy; UST 10yr yield at 0.68%; oil up; gold down; NZ$1 = 63.5 USc; TWI-5 = 68.5
3rd Jun 20, 7:20am
107
Kiwi dollar rising, undermining dairy prices; US challenges countries who impose digital taxes; US retail weak; China bond issuance strong; iron ore frenzy; UST 10yr yield at 0.68%; oil up; gold down; NZ$1 = 63.5 USc; TWI-5 = 68.5
New Zealand home loan borrowers are now getting fixed rates at bigger discounts to Aussies even as rates fall everywhere. They are falling faster here than across the ditch
3rd Jun 20, 5:06am
9
New Zealand home loan borrowers are now getting fixed rates at bigger discounts to Aussies even as rates fall everywhere. They are falling faster here than across the ditch
A review of things you need to know before you go home on Tuesday; some rate cuts, UDC sold, house price signals mixed, clear polling, swaps unchanged, NZD firm, & more
2nd Jun 20, 3:58pm
64
A review of things you need to know before you go home on Tuesday; some rate cuts, UDC sold, house price signals mixed, clear polling, swaps unchanged, NZD firm, & more
Factories contract worldwide, except in China; US spending dives, to be followed by GDP; South Korea and China plan a tech future; Aussie housing slips; UST 10yr yield at 0.66%; oil unchanged; gold up; NZ$1 = 62.9 USc; TWI-5 = 68
2nd Jun 20, 7:19am
115
Factories contract worldwide, except in China; US spending dives, to be followed by GDP; South Korea and China plan a tech future; Aussie housing slips; UST 10yr yield at 0.66%; oil unchanged; gold up; NZ$1 = 62.9 USc; TWI-5 = 68
US consumers stop spending; US factories retrench; US economic activity dives; Canada contracts; US gifts global leadership to China; UST 10yr yield at 0.65%; unusual oil pricing; gold up; NZ$1 = 61.9 USc; TWI-5 = 67.4
30th May 20, 9:00am
140
US consumers stop spending; US factories retrench; US economic activity dives; Canada contracts; US gifts global leadership to China; UST 10yr yield at 0.65%; unusual oil pricing; gold up; NZ$1 = 61.9 USc; TWI-5 = 67.4
A review of things you need to know before you go home on Friday; many rate cuts, confidence bounce, housing debt falls, bank deposits jump, swaps little-changed, NZD firm, & more
29th May 20, 3:59pm
65
A review of things you need to know before you go home on Friday; many rate cuts, confidence bounce, housing debt falls, bank deposits jump, swaps little-changed, NZD firm, & more