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
A review of things you need to know before you go home on Friday; wholesale rates jump, housing markets firmer, factory expansion real, UDC does better, swaps up, NZD up, & more
13th Dec 19, 3:59pm
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A review of things you need to know before you go home on Friday; wholesale rates jump, housing markets firmer, factory expansion real, UDC does better, swaps up, NZD up, & more
Trade war deal rumours rife; US household net worth growth slows; China plans huge steel increase; Lagarde optimistic; UK voting underway; UST 10yr yield at 1.88%; oil up and gold down; NZ$1 = 65.8 USc; TWI-5 = 70.9
13th Dec 19, 7:21am
21
Trade war deal rumours rife; US household net worth growth slows; China plans huge steel increase; Lagarde optimistic; UK voting underway; UST 10yr yield at 1.88%; oil up and gold down; NZ$1 = 65.8 USc; TWI-5 = 70.9
A review of things you need to know before you go home on Thursday: no rate changes, no vacant land tax, rising food prices, migration up, rents up, yields up, swaps soft, NZD firm, & more
12th Dec 19, 3:59pm
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A review of things you need to know before you go home on Thursday: no rate changes, no vacant land tax, rising food prices, migration up, rents up, yields up, swaps soft, NZD firm, & more
US CPI inflation up; US real wages stagnate; eyes on US tariff decision; airline profits lower; Aussie confidence drops; WTO rejects Aussie tariffs; UST 10yr yield at 1.81%; oil lower and gold up; NZ$1 = 65.7 USc; TWI-5 = 70.8
12th Dec 19, 7:21am
26
US CPI inflation up; US real wages stagnate; eyes on US tariff decision; airline profits lower; Aussie confidence drops; WTO rejects Aussie tariffs; UST 10yr yield at 1.81%; oil lower and gold up; NZ$1 = 65.7 USc; TWI-5 = 70.8
A review of things you need to know before you go home on Wednesday; no rate changes, Govt stimulus confirmed, retail sales pick up strongly, credit rating upgrade, swaps firm, NZD unchanged, & more
11th Dec 19, 3:59pm
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A review of things you need to know before you go home on Wednesday; no rate changes, Govt stimulus confirmed, retail sales pick up strongly, credit rating upgrade, swaps firm, NZD unchanged, & more
US pay and productivity weaken; NAFTA to be ratified; food turbocharges China CPI; China PPI drops; Canada raises bank capital buffers; German gloom rises; UST 10yr yield at 1.85%; oil and gold little-changed; NZ$1 = 65.4 USc; TWI-5 = 70.6
11th Dec 19, 7:21am
40
US pay and productivity weaken; NAFTA to be ratified; food turbocharges China CPI; China PPI drops; Canada raises bank capital buffers; German gloom rises; UST 10yr yield at 1.85%; oil and gold little-changed; NZ$1 = 65.4 USc; TWI-5 = 70.6
A review of things you need to know before you go home on Tuesday: Co-op Bank trims, truckometer trend weak, tourism a stable 10% of NZ economy, dairy farms hard to sell, swaps lower, NZD stays high, & more
10th Dec 19, 3:59pm
10
A review of things you need to know before you go home on Tuesday: Co-op Bank trims, truckometer trend weak, tourism a stable 10% of NZ economy, dairy farms hard to sell, swaps lower, NZD stays high, & more
US household spending intentions drop; Canada housing on back foot; China debt woes spread; EU investor sentiment improves; US kills WTO court; UST 10yr yield at 1.83%; oil and gold unchanged; NZ$1 = 65.5 USc; TWI-5 = 70.7
10th Dec 19, 7:20am
35
US household spending intentions drop; Canada housing on back foot; China debt woes spread; EU investor sentiment improves; US kills WTO court; UST 10yr yield at 1.83%; oil and gold unchanged; NZ$1 = 65.5 USc; TWI-5 = 70.7
A review of things you need to know before you go home on Monday; Kiwibank changes some TD rates, housing confidence rises, manufacturing sales weak, swap rates little-changed, NZD stays high, & more
9th Dec 19, 3:59pm
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A review of things you need to know before you go home on Monday; Kiwibank changes some TD rates, housing confidence rises, manufacturing sales weak, swap rates little-changed, NZD stays high, & more
China's trade balance stabilises, imports rise faster; Hong Kong marches again; US jobs and consumer metrics improve but trade doesn't; Canada & Australia struggle; UST 10yr yield at 1.84%; oil up and gold down; NZ$1 = 65.7 USc; TWI-5 = 70.8
9th Dec 19, 7:21am
40
China's trade balance stabilises, imports rise faster; Hong Kong marches again; US jobs and consumer metrics improve but trade doesn't; Canada & Australia struggle; UST 10yr yield at 1.84%; oil up and gold down; NZ$1 = 65.7 USc; TWI-5 = 70.8
The financial lubrication of our rural sector is tightening fast, but as David Chaston shows, it is due to just two large banks - both of whom are, by their actions, choosing urban houses over rural businesses
8th Dec 19, 6:02am
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The financial lubrication of our rural sector is tightening fast, but as David Chaston shows, it is due to just two large banks - both of whom are, by their actions, choosing urban houses over rural businesses
US payrolls rise more than expected; sentiment up too; US freight data weak; wholesale sales decline; Canada payrolls drop; Aussie construction contracts; UST 10yr 1.84%; oil up and gold down; NZ$1 = 65.7 USc; TWI-5 = 71
7th Dec 19, 8:22am
22
US payrolls rise more than expected; sentiment up too; US freight data weak; wholesale sales decline; Canada payrolls drop; Aussie construction contracts; UST 10yr 1.84%; oil up and gold down; NZ$1 = 65.7 USc; TWI-5 = 71
A review of things you need to know before you go home on Friday: Kiwibank raises rates, wholesale trade droops, service costs rise fast, Synlait raises $180 mln, NSW burning, swaps up, NZD holds high, & more
6th Dec 19, 3:59pm
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A review of things you need to know before you go home on Friday: Kiwibank raises rates, wholesale trade droops, service costs rise fast, Synlait raises $180 mln, NSW burning, swaps up, NZD holds high, & more
Kiwibank raises two fixed rates, one of them by ending a low-rate 'special'. It is a move that has a knock-on impact. We review why rates seem to be turning higher at this time
6th Dec 19, 2:35pm
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Kiwibank raises two fixed rates, one of them by ending a low-rate 'special'. It is a move that has a knock-on impact. We review why rates seem to be turning higher at this time
Air travel grows; US durable goods orders lower; China insists on tariff rollbacks; Aussie retail flat; OECD says NZ taxes rising faster; UST 10yr yield at 1.79%; oil unchanged and gold down; NZ$1 = 65.5 USc; TWI-5 = 70.6
6th Dec 19, 7:19am
67
Air travel grows; US durable goods orders lower; China insists on tariff rollbacks; Aussie retail flat; OECD says NZ taxes rising faster; UST 10yr yield at 1.79%; oil unchanged and gold down; NZ$1 = 65.5 USc; TWI-5 = 70.6
A review of things you need to know before you go home on Thursday; no rate changes, a capital concession, Fonterra raises payout, completed construction variable, swap rates up, NZD firm, & more
5th Dec 19, 3:59pm
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A review of things you need to know before you go home on Thursday; no rate changes, a capital concession, Fonterra raises payout, completed construction variable, swap rates up, NZD firm, & more
Fonterra narrows milk price forecast to $7-$7.60; says new year has started well, but warns of 'several one-off adjustments' that will affect the full year results
5th Dec 19, 9:48am
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Fonterra narrows milk price forecast to $7-$7.60; says new year has started well, but warns of 'several one-off adjustments' that will affect the full year results
Air cargo shrinks; US payroll growth low; Canada holds rate; more China debt defaults; US balks at BEPS deal; Aussie GDP growth uneven; UST 10yr yield at 1.78%; oil up and gold down; NZ$1 = 65.3 USc; TWI-5 = 70.5
5th Dec 19, 7:21am
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Air cargo shrinks; US payroll growth low; Canada holds rate; more China debt defaults; US balks at BEPS deal; Aussie GDP growth uneven; UST 10yr yield at 1.78%; oil up and gold down; NZ$1 = 65.3 USc; TWI-5 = 70.5
A review of things you need to know before you go home on Wednesday; rate cuts, stronger commodity prices, house prices up, dairy prices hold, equities slide, swap rates drop, NZD firm & more
4th Dec 19, 3:59pm
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A review of things you need to know before you go home on Wednesday; rate cuts, stronger commodity prices, house prices up, dairy prices hold, equities slide, swap rates drop, NZD firm & more
Markets drop on Washington weirdness; EU vows retaliation; China debt issues grow; PISA standards sink; Aussie C/A swells; dairy prices slip; UST 10yr yield at 1.70%; oil unchanged and gold up; NZ$1 = 65.2 USc; TWI-5 = 70.3
4th Dec 19, 7:21am
63
Markets drop on Washington weirdness; EU vows retaliation; China debt issues grow; PISA standards sink; Aussie C/A swells; dairy prices slip; UST 10yr yield at 1.70%; oil unchanged and gold up; NZ$1 = 65.2 USc; TWI-5 = 70.3
A review of things you need to know before you go home on Tuesday; ANZ raises home loan rate, cuts terms deposit rates, B&T says prices up, car sales flat, rents jump, equities suffer, swaps up, NZD stays high, & more
3rd Dec 19, 3:59pm
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A review of things you need to know before you go home on Tuesday; ANZ raises home loan rate, cuts terms deposit rates, B&T says prices up, car sales flat, rents jump, equities suffer, swaps up, NZD stays high, & more
Wall Street fears weakening data; US tariffs Brazil and Argentina steel; China PMI's rise; Aussie data broadly weak; rural prospects dry up; UST 10yr yield at 1.83%; oil firmer and gold lower; NZ$1 = 65.1 USc; TWI-5 = 70.3
3rd Dec 19, 7:21am
8
Wall Street fears weakening data; US tariffs Brazil and Argentina steel; China PMI's rise; Aussie data broadly weak; rural prospects dry up; UST 10yr yield at 1.83%; oil firmer and gold lower; NZ$1 = 65.1 USc; TWI-5 = 70.3
ANZ raises a key mortgage rate, fixes its uncompetitive 18 month rate, and lowers some term deposit rates. None of these moves are market-leading
3rd Dec 19, 5:02am
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ANZ raises a key mortgage rate, fixes its uncompetitive 18 month rate, and lowers some term deposit rates. None of these moves are market-leading
A review of things you need to know before you go home on Monday; many rate cuts, solid retail start, high terms of trade, stimulus redux, very weak GST growth, swap rates up, NZD firm, & more
2nd Dec 19, 3:59pm
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A review of things you need to know before you go home on Monday; many rate cuts, solid retail start, high terms of trade, stimulus redux, very weak GST growth, swap rates up, NZD firm, & more
China PMIs surprise; India growth sliding; IMF downgrades Japan; US retail weak; Canada & Germany report weak growth; NZ starts stimulus; UST 10yr yield at 1.77%; oil down and gold unchanged; NZ$1 = 64.2 USc; TWI-5 = 69.6
2nd Dec 19, 7:21am
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China PMIs surprise; India growth sliding; IMF downgrades Japan; US retail weak; Canada & Germany report weak growth; NZ starts stimulus; UST 10yr yield at 1.77%; oil down and gold unchanged; NZ$1 = 64.2 USc; TWI-5 = 69.6