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
China and US on holiday; Canada data positive; Japan signals better outcomes; ditto Singapore; EU still struggling; UST 10yr at 1.21%; oil up and gold down; NZ$1 = 72.3 USc; TWI-5 = 73.7
16th Feb 21, 7:19am
28
China and US on holiday; Canada data positive; Japan signals better outcomes; ditto Singapore; EU still struggling; UST 10yr at 1.21%; oil up and gold down; NZ$1 = 72.3 USc; TWI-5 = 73.7
A review of things you need to know before you go home on Monday; risks rise from inbound UK-variant travellers, service sector struggles, Auckland auction activity doubles, swaps and NZD hold, & more
15th Feb 21, 3:59pm
34
A review of things you need to know before you go home on Monday; risks rise from inbound UK-variant travellers, service sector struggles, Auckland auction activity doubles, swaps and NZD hold, & more
Big Japanese quake; China targets NZ over TPP application; US sentiment waivers; Canada loan demand negative; NSW incentivises housing for renters; UST 10yr at 1.21%; oil unchanged and gold up; NZ$1 = 72.2 USc; TWI-5 = 73.6
15th Feb 21, 7:19am
57
Big Japanese quake; China targets NZ over TPP application; US sentiment waivers; Canada loan demand negative; NSW incentivises housing for renters; UST 10yr at 1.21%; oil unchanged and gold up; NZ$1 = 72.2 USc; TWI-5 = 73.6
US consumer sentiment slips, but economists upbeat; India's factories busier; Draghi now running Italy; UK GDP sinks; NSW incentivises building for renters; UST 10yr at 1.20%; oil up and gold down; NZ$1 = 72.3 USc; TWI-5 = 73.6
13th Feb 21, 8:37am
12
US consumer sentiment slips, but economists upbeat; India's factories busier; Draghi now running Italy; UK GDP sinks; NSW incentivises building for renters; UST 10yr at 1.20%; oil up and gold down; NZ$1 = 72.3 USc; TWI-5 = 73.6
A review of things you need to know before you go home on Friday; SBS Bank sets new low 2yr mortgage rate, PMI's rise, ANZ admits misleading, Melbourne back in lockdown, swaps settle, NZD stable, & much more
12th Feb 21, 4:02pm
23
A review of things you need to know before you go home on Friday; SBS Bank sets new low 2yr mortgage rate, PMI's rise, ANZ admits misleading, Melbourne back in lockdown, swaps settle, NZD stable, & much more
SBS Bank extends its 2.29% home loan rate out to terms of 18 months and two years fixed, making the two year offer the lowest in the market. It is also offering up to $6000 as a cash incentive
12th Feb 21, 4:02pm
15
SBS Bank extends its 2.29% home loan rate out to terms of 18 months and two years fixed, making the two year offer the lowest in the market. It is also offering up to $6000 as a cash incentive
US jobless claims rise; Biden and Xi talk; China on holiday; London losing on Brexit; Aussie inflation expectations jump; UST 10yr at 1.16%; oil unchanged and gold down; NZ$1 = 72.3 USc; TWI-5 = 73.7
12th Feb 21, 7:19am
22
US jobless claims rise; Biden and Xi talk; China on holiday; London losing on Brexit; Aussie inflation expectations jump; UST 10yr at 1.16%; oil unchanged and gold down; NZ$1 = 72.3 USc; TWI-5 = 73.7
A review of things you need to know before you go home on Thursday; Toyota Finance cuts rates, retail spending falls, more concrete poured, NZGB yields jump, long rates turn lower, NZD slips, & more
11th Feb 21, 3:59pm
6
A review of things you need to know before you go home on Thursday; Toyota Finance cuts rates, retail spending falls, more concrete poured, NZGB yields jump, long rates turn lower, NZD slips, & more
US inflation lower; China back in deflation; China FDI growth fades; South Korea unemployment rises; Australian consumer confidence up; UST 10yr at 1.14%; oil unchanged and gold up; NZ$1 = 72.2 USc; TWI-5 = 73.6
11th Feb 21, 7:19am
39
US inflation lower; China back in deflation; China FDI growth fades; South Korea unemployment rises; Australian consumer confidence up; UST 10yr at 1.14%; oil unchanged and gold up; NZ$1 = 72.2 USc; TWI-5 = 73.6
A review of things you need to know before you go home on Wednesday; new low mortgage rate, strong auction activity, job ads lose momentum, ASB even more profitable, swaps unchanged, NZD slips, & more
10th Feb 21, 3:59pm
19
A review of things you need to know before you go home on Wednesday; new low mortgage rate, strong auction activity, job ads lose momentum, ASB even more profitable, swaps unchanged, NZD slips, & more
Another challenger bank goes below 2% for mortgages, as the 2021 home loan market swells on sharply rising demand. These challenger banks have opened up a 30 bps rate advantage over the main banks
10th Feb 21, 10:10am
5
Another challenger bank goes below 2% for mortgages, as the 2021 home loan market swells on sharply rising demand. These challenger banks have opened up a 30 bps rate advantage over the main banks
US deficits rise sharply; China's births collapse; China's debt rises again; Japanese machine tool orders swell; Aussie business confidence up; UST 10yr at 1.15%; oil up and gold unchanged; NZ$1 = 72.3 USc; TWI-5 = 73.8
10th Feb 21, 7:22am
73
US deficits rise sharply; China's births collapse; China's debt rises again; Japanese machine tool orders swell; Aussie business confidence up; UST 10yr at 1.15%; oil up and gold unchanged; NZ$1 = 72.3 USc; TWI-5 = 73.8
A review of things you need to know before you go home on Tuesday; some more retail rate changes, truckometer at trend, inflation expectations rise, swaps up, NZD rises, bitcoin jumps to new record, & more
9th Feb 21, 3:59pm
60
A review of things you need to know before you go home on Tuesday; some more retail rate changes, truckometer at trend, inflation expectations rise, swaps up, NZD rises, bitcoin jumps to new record, & more
David Chaston summarises how the recent run-up in longer-term wholesale interest rates is affecting the cost of money, and for who. He also shows how the FLP is distorting these market moves
9th Feb 21, 11:52am
21
David Chaston summarises how the recent run-up in longer-term wholesale interest rates is affecting the cost of money, and for who. He also shows how the FLP is distorting these market moves
US consumer expectations rise; US jobs growth lackluster; Canada jobs shrink; China's food security issues rise; Aussies to exclude ag from net zero goal; UST 10yr at 1.16%; oil and gold up; NZ$1 = 72.2 USc; TWI-5 = 73.9
9th Feb 21, 7:19am
123
US consumer expectations rise; US jobs growth lackluster; Canada jobs shrink; China's food security issues rise; Aussies to exclude ag from net zero goal; UST 10yr at 1.16%; oil and gold up; NZ$1 = 72.2 USc; TWI-5 = 73.9
US jobs growth timid; Congress moves on big stimulus; US trade balance worse; Canada jobs shrink; Singapore retail declines; south China in drought; UST 10yr at 1.16%; oil up and gold recovers; NZ$1 = 71.9 USc; TWI-5 = 73.7
6th Feb 21, 7:59am
20
US jobs growth timid; Congress moves on big stimulus; US trade balance worse; Canada jobs shrink; Singapore retail declines; south China in drought; UST 10yr at 1.16%; oil up and gold recovers; NZ$1 = 71.9 USc; TWI-5 = 73.7
A review of things you need to know before you go home on Friday; no retail rate changes, MBIE under the auditor microscope, power prices up, distrusted brands, gold's slide steadies, swaps up, NZD slips, & more
5th Feb 21, 3:59pm
16
A review of things you need to know before you go home on Friday; no retail rate changes, MBIE under the auditor microscope, power prices up, distrusted brands, gold's slide steadies, swaps up, NZD slips, & more
US jobless claims fall; US factory orders rise; China foods prices rise; EU retail sales up; Aussie imports fall more than exports; UST 10yr at 1.14%; oil unchanged and gold tanks; NZ$1 = 71.6 USc; TWI-5 = 73.6
5th Feb 21, 7:17am
61
US jobless claims fall; US factory orders rise; China foods prices rise; EU retail sales up; Aussie imports fall more than exports; UST 10yr at 1.14%; oil unchanged and gold tanks; NZ$1 = 71.6 USc; TWI-5 = 73.6
A review of things you need to know before you go home on Thursday; some mortgage rate cuts, business confidence up, dwelling consents up, swaps up, NZD up, & more
4th Feb 21, 3:59pm
44
A review of things you need to know before you go home on Thursday; some mortgage rate cuts, business confidence up, dwelling consents up, swaps up, NZD up, & more
US jobs growth returns; US services sector very healthy; China services weaken; EU inflation returns; Aussie housing consents jump; global air cargo recovers; UST 10yr at 1.13%; oil up and gold down; NZ$1 = 72 USc; TWI-5 = 73.9
4th Feb 21, 7:27am
43
US jobs growth returns; US services sector very healthy; China services weaken; EU inflation returns; Aussie housing consents jump; global air cargo recovers; UST 10yr at 1.13%; oil up and gold down; NZ$1 = 72 USc; TWI-5 = 73.9
A review of things you need to know before you go home on Wednesday; 'unprecedented mortgage demand', housing up, milk price up, unemployment down, swaps up sharply at long end, NZD up, & more
3rd Feb 21, 3:59pm
29
A review of things you need to know before you go home on Wednesday; 'unprecedented mortgage demand', housing up, milk price up, unemployment down, swaps up sharply at long end, NZD up, & more
Dairy prices up again; US retail sales rise; CBO likes what it sees; China housing froth returns; EU struggles; RBA extends big QE; UST 10yr at 1.10%; oil up and gold down; NZ$1 = 71.5 USc; TWI-5 = 73.5
3rd Feb 21, 7:30am
49
Dairy prices up again; US retail sales rise; CBO likes what it sees; China housing froth returns; EU struggles; RBA extends big QE; UST 10yr at 1.10%; oil up and gold down; NZ$1 = 71.5 USc; TWI-5 = 73.5
A review of things you need to know before you go home on Tuesday; a few retail rate cuts, ASB uses FLP for climate change loans, foreigners selling, KiwiSaver performs well, long rates rise again, NZD soft, & more
2nd Feb 21, 3:59pm
15
A review of things you need to know before you go home on Tuesday; a few retail rate cuts, ASB uses FLP for climate change loans, foreigners selling, KiwiSaver performs well, long rates rise again, NZD soft, & more
US factories in healthy expansion; Aussie home lending in frenzy; China's PMIs lose momentum with their expansion now quite modest; UST 10yr at 1.07%; oil and gold up; NZ$1 = 71.7 USc; TWI-5 = 73.4
2nd Feb 21, 7:19am
44
US factories in healthy expansion; Aussie home lending in frenzy; China's PMIs lose momentum with their expansion now quite modest; UST 10yr at 1.07%; oil and gold up; NZ$1 = 71.7 USc; TWI-5 = 73.4
A review of things you need to know before you go home on Monday; a few retail rate changes; Auckland housing data error fixed, dry returns, swaps rise at long end, NZD firmer, & more
1st Feb 21, 3:59pm
40
A review of things you need to know before you go home on Monday; a few retail rate changes; Auckland housing data error fixed, dry returns, swaps rise at long end, NZD firmer, & more