David Chaston

A review of things you need to know before you go home on Tuesday; some TD rate cuts, trucks still rolling, business confidence sinks, rents up, swaps on hold, NZD recovers, & more

A review of things you need to know before you go home on Tuesday; some TD rate cuts, trucks still rolling, business confidence sinks, rents up, swaps on hold, NZD recovers, & more

Wall Street in full fear mode; market interest rates separating from benchmark rates; China very slow to restart; Covid-19 cases jump in rest of world; UST 10yr yield dives to 0.49%; oil and gold hold; NZ$1 = 63.8 USc; TWI-5 = 68.1

Wall Street in full fear mode; market interest rates separating from benchmark rates; China very slow to restart; Covid-19 cases jump in rest of world; UST 10yr yield dives to 0.49%; oil and gold hold; NZ$1 = 63.8 USc; TWI-5 = 68.1

A review of things you need to know before you go home on Monday; international financial markets crash ahead of Wall Street & London opening, economists see recession, companies pull earnings guidance, swaps sink, NZD dumped, & more

A review of things you need to know before you go home on Monday; international financial markets crash ahead of Wall Street & London opening, economists see recession, companies pull earnings guidance, swaps sink, NZD dumped, & more

Massey University's clever AI GDP model is now hosted on interest.co.nz, giving much earlier insights on how our economy is tracking, including regionally and by industry

Massey University's clever AI GDP model is now hosted on interest.co.nz, giving much earlier insights on how our economy is tracking, including regionally and by industry

China's exports tumble but imports hold; eyes on domestic China demand; Aussie retail trade weakens; markets ignore US jobs gains; Fed struggles with liquidity support; UST 10yr yield at 0.77%; oil drops hard and gold higher; NZ$1 = 63.6 USc; TWI-5 = 68.4

China's exports tumble but imports hold; eyes on domestic China demand; Aussie retail trade weakens; markets ignore US jobs gains; Fed struggles with liquidity support; UST 10yr yield at 0.77%; oil drops hard and gold higher; NZ$1 = 63.6 USc; TWI-5 = 68.4

Markets turn seriously risk averse; benchmark bond prices jump; NY Fed struggles with liquidity support; US jobs data ignored; Aussie's mull stimulus; UST 10yr yield at 0.74%; oil drops hard and gold higher; NZ$1 = 63.6 USc; TWI-5 = 68.4

Markets turn seriously risk averse; benchmark bond prices jump; NY Fed struggles with liquidity support; US jobs data ignored; Aussie's mull stimulus; UST 10yr yield at 0.74%; oil drops hard and gold higher; NZ$1 = 63.6 USc; TWI-5 = 68.4

A review of things you need to know before you go home on Friday; Westpac cuts both mortgage and TD rates, building completions tepid, NZGB 10yr falls below 1%, UST 10yr sinks further, swap curves flatten, NZD firm, & more

A review of things you need to know before you go home on Friday; Westpac cuts both mortgage and TD rates, building completions tepid, NZGB 10yr falls below 1%, UST 10yr sinks further, swap curves flatten, NZD firm, & more

American mortgage rates tumble; factory orders fall; S&P500 dives; California declares an emergency; Australia faces a -½% GDP hit; UST 10yr yield at 0.91%; oil drops and gold jumps; NZ$1 = 63 USc; TWI-5 = 68.2

American mortgage rates tumble; factory orders fall; S&P500 dives; California declares an emergency; Australia faces a -½% GDP hit; UST 10yr yield at 0.91%; oil drops and gold jumps; NZ$1 = 63 USc; TWI-5 = 68.2

The Red Bank takes a sharp knife to its three, four and five year fixed home loan rates, making them all much lower than their main rivals. They also trim term deposit rates

The Red Bank takes a sharp knife to its three, four and five year fixed home loan rates, making them all much lower than their main rivals. They also trim term deposit rates

A review of things you need to know before you go home on Thursday; Heartland's record low mortgage rates, used are imports shrink, local authority taxes up more than 3 times inflation, swaps yo-yo up, NZD stable, & more

A review of things you need to know before you go home on Thursday; Heartland's record low mortgage rates, used are imports shrink, local authority taxes up more than 3 times inflation, swaps yo-yo up, NZD stable, & more

Major equity markets rally; air travel and air cargo volumes sink; US service sector growth confusing, Canada cuts by -50 bps; China restart uncertain; Aussie stimulus awaited; UST 10yr yield at 0.97%; oil and gold unchanged; NZ$1 = 62.8 USc; TWI-5 = 68.1

Major equity markets rally; air travel and air cargo volumes sink; US service sector growth confusing, Canada cuts by -50 bps; China restart uncertain; Aussie stimulus awaited; UST 10yr yield at 0.97%; oil and gold unchanged; NZ$1 = 62.8 USc; TWI-5 = 68.1

A review of things you need to know before you go home on Wednesday; Kiwibank trims rates, house prices rising, building consents up, petrol down, swaps in steep fall again, NZD holds, & much more

A review of things you need to know before you go home on Wednesday; Kiwibank trims rates, house prices rising, building consents up, petrol down, swaps in steep fall again, NZD holds, & much more

US Fed makes emergency rate cut; markets recoil again; virus rises sharply outside China; dairy prices resilient; RBA cuts; UST 10yr yield at 1.04%; oil holds, gold jumps; NZ$1 = 63 USc; TWI-5 = 68.3

US Fed makes emergency rate cut; markets recoil again; virus rises sharply outside China; dairy prices resilient; RBA cuts; UST 10yr yield at 1.04%; oil holds, gold jumps; NZ$1 = 63 USc; TWI-5 = 68.3

A review of things you need to know before you go home on Tuesday; Kāinga Ora changes rates, car sales up,log prices slump, Govt. warns banks, RBA cuts, swaps recover, NZD up, & more

A review of things you need to know before you go home on Tuesday; Kāinga Ora changes rates, car sales up,log prices slump, Govt. warns banks, RBA cuts, swaps recover, NZD up, & more

Markets stage a partial recovery; new order levels fall sharply globally; IMF & World Bank offer aid; QE expectations high; UST 10yr yield at 1.09%; oil and gold recover partly; NZ$1 = 62.5 USc; TWI-5 = 68

Markets stage a partial recovery; new order levels fall sharply globally; IMF & World Bank offer aid; QE expectations high; UST 10yr yield at 1.09%; oil and gold recover partly; NZ$1 = 62.5 USc; TWI-5 = 68

A review of things you need to know before you go home on Monday; Lending Crowd cuts loan rates, housing market buoyant; ANZ pays penalty, equity market turmoil; swaps sink, NZD lower, & more

A review of things you need to know before you go home on Monday; Lending Crowd cuts loan rates, housing market buoyant; ANZ pays penalty, equity market turmoil; swaps sink, NZD lower, & more

New Zealand's financial markets sink, with wholesale swap rates diving to unprecedented lows

New Zealand's financial markets sink, with wholesale swap rates diving to unprecedented lows

China's PMIs collapse; Covid-19 cases jump in murky data; US Fed says it will act; financial markets react with fear; UST 10yr yield at 1.16%; oil dives and gold tanks; NZ$1 = 62.5 USc; TWI-5 = 68.2

China's PMIs collapse; Covid-19 cases jump in murky data; US Fed says it will act; financial markets react with fear; UST 10yr yield at 1.16%; oil dives and gold tanks; NZ$1 = 62.5 USc; TWI-5 = 68.2

Panic grips markets at the end of the week with weird changes in a fast-moving situation; background economic data ignored; Covid-19 fears overwhelm; UST 10yr yield at 1.17%; oil drops hard and gold collapses; NZ$1 = 62.2 USc; TWI-5 = 68.1

Panic grips markets at the end of the week with weird changes in a fast-moving situation; background economic data ignored; Covid-19 fears overwhelm; UST 10yr yield at 1.17%; oil drops hard and gold collapses; NZ$1 = 62.2 USc; TWI-5 = 68.1

Our currency takes a hit on rumours that Covid-19 has arrived. Wholesale swap rates sink as well

Our currency takes a hit on rumours that Covid-19 has arrived. Wholesale swap rates sink as well

A review of things you need to know before you go home on Friday; no retail rate changes, Crown surplus rises, consumer confidence stable, rural debt shrinks, swap rates fall hard, NZD holds, & much more

A review of things you need to know before you go home on Friday; no retail rate changes, Crown surplus rises, consumer confidence stable, rural debt shrinks, swap rates fall hard, NZD holds, & much more

Pandemic declarations closer; equity losses grow; US economic data mixed; China struggles to get back to work. Aussie capex very weak; UST 10yr yield at 1.31%; oil down again but gold up; NZ$1 = 63.2 USc; TWI-5 = 69.1

Pandemic declarations closer; equity losses grow; US economic data mixed; China struggles to get back to work. Aussie capex very weak; UST 10yr yield at 1.31%; oil down again but gold up; NZ$1 = 63.2 USc; TWI-5 = 69.1

A review of things you need to know before you go home on Thursday; a sharp TD rate hike, Fonterra affirms milk price, ANZ worried about business confidence, Govt outlines its virus plans, swaps lower, NZD lower, & much more

A review of things you need to know before you go home on Thursday; a sharp TD rate hike, Fonterra affirms milk price, ANZ worried about business confidence, Govt outlines its virus plans, swaps lower, NZD lower, & much more

Market panic met with huge deficit spending plan in Hong Kong, huge Chinese "investment" projects; markets turn unsure of next direction; UST 10yr yield at 1.32%; oil down and gold retreats further; NZ$1 = 63 USc; TWI-5 = 69.1

Market panic met with huge deficit spending plan in Hong Kong, huge Chinese "investment" projects; markets turn unsure of next direction; UST 10yr yield at 1.32%; oil down and gold retreats further; NZ$1 = 63 USc; TWI-5 = 69.1

A review of things you need to know before you go home on Wednesday; no retail rate changes, equity rout continues, no insurance cover, EY's (Aussie?) culture problem, swaps lower, NZD soft, & more

A review of things you need to know before you go home on Wednesday; no retail rate changes, equity rout continues, no insurance cover, EY's (Aussie?) culture problem, swaps lower, NZD soft, & more