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 Monday; median multiples rise, spot trades in the NZD jump, RBNZ's balance sheet swells, China impresses, swaps stable, NZD softer, & more
18th Jan 21, 3:59pm
5
A review of things you need to know before you go home on Monday; median multiples rise, spot trades in the NZD jump, RBNZ's balance sheet swells, China impresses, swaps stable, NZD softer, & more
Car industry hits chip blockage; China commodity prices still rising; Canada promises firepower; US data weak; SEC to shake things up; UST 10yr at 1.09%; oil and gold down; NZ$1 = 71.3 USc; TWI-5 = 72.9
18th Jan 21, 7:19am
89
Car industry hits chip blockage; China commodity prices still rising; Canada promises firepower; US data weak; SEC to shake things up; UST 10yr at 1.09%; oil and gold down; NZ$1 = 71.3 USc; TWI-5 = 72.9
US readies a huge rescue package; US data weak; China makes big gains; Canada readies some firepower; Australia says it has done enough; UST 10yr at 1.10%; oil and gold down; NZ$1 = 71.5 USc; TWI-5 = 73
16th Jan 21, 8:57am
27
US readies a huge rescue package; US data weak; China makes big gains; Canada readies some firepower; Australia says it has done enough; UST 10yr at 1.10%; oil and gold down; NZ$1 = 71.5 USc; TWI-5 = 73
A review of things you need to know before you go home on Friday; a TD rate cut, sellers market for housing, eyes in inflation, RBNZ updates on security issue, swaps unchanged, NZD firmer, & more
15th Jan 21, 3:59pm
29
A review of things you need to know before you go home on Friday; a TD rate cut, sellers market for housing, eyes in inflation, RBNZ updates on security issue, swaps unchanged, NZD firmer, & more
2020 capped with a +19% rise in house prices for the year despite a sharp jump in volumes sold. Prices were up $323/day in December in Auckland, according to REINZ data
15th Jan 21, 9:26am
236
2020 capped with a +19% rise in house prices for the year despite a sharp jump in volumes sold. Prices were up $323/day in December in Auckland, according to REINZ data
US jobless claims surge; Japanese machine orders recover; China books record trade surpluses; Indonesian retail slumps; Sydney rents fall; UST 10yr at 1.10%; oil stable and gold down; NZ$1 = 72.2 USc; TWI-5 = 73.5
15th Jan 21, 7:19am
116
US jobless claims surge; Japanese machine orders recover; China books record trade surpluses; Indonesian retail slumps; Sydney rents fall; UST 10yr at 1.10%; oil stable and gold down; NZ$1 = 72.2 USc; TWI-5 = 73.5
A review of things you need to know before you go home on Thursday; building consents up strongly, Tiwai Pt gets a stay, some students to return, swaps flatter, NZD slips, & more
14th Jan 21, 3:59pm
19
A review of things you need to know before you go home on Thursday; building consents up strongly, Tiwai Pt gets a stay, some students to return, swaps flatter, NZD slips, & more
1000 international tertiary students, degree level and above, who began their study in New Zealand but were caught offshore when border restrictions began, will be allowed back in to finish their studies
14th Jan 21, 11:34am
52
1000 international tertiary students, degree level and above, who began their study in New Zealand but were caught offshore when border restrictions began, will be allowed back in to finish their studies
Residential building consents jump in November, partly as COVID catchup, partly encouraged by very strong demand for housing where supply is very constrained
14th Jan 21, 10:54am
37
Residential building consents jump in November, partly as COVID catchup, partly encouraged by very strong demand for housing where supply is very constrained
Electricity pricing deal will keep the Southland aluminium smelter open for another four years, but it still needs the Government to concede transmission pricing levels
14th Jan 21, 10:13am
32
Electricity pricing deal will keep the Southland aluminium smelter open for another four years, but it still needs the Government to concede transmission pricing levels
US inflation tame; US mortgage applications surge; Japanese machine tool orders strong; Shanghai house sales jump; Aussie job ad levels rise; UST 10yr at 1.10%; oil stable and gold up; NZ$1 = 71.9 USc; TWI-5 = 73.2
14th Jan 21, 7:19am
86
US inflation tame; US mortgage applications surge; Japanese machine tool orders strong; Shanghai house sales jump; Aussie job ad levels rise; UST 10yr at 1.10%; oil stable and gold up; NZ$1 = 71.9 USc; TWI-5 = 73.2
A review of things you need to know before you go home on Wednesday; no retail rate changes, labour force growth stalls, truckometer decelerates, commodity prices up, swaps hold, NZD firms, & more
13th Jan 21, 3:59pm
49
A review of things you need to know before you go home on Wednesday; no retail rate changes, labour force growth stalls, truckometer decelerates, commodity prices up, swaps hold, NZD firms, & more
US retail sales slip, layoffs rise; China debt growth slows; lithium prices surge; India industrial production slumps; Australia bans Chinese investment; UST 10yr at 1.16%; oil up and gold down; NZ$1 = 71.8 USc; TWI-5 = 73.2
13th Jan 21, 7:31am
99
US retail sales slip, layoffs rise; China debt growth slows; lithium prices surge; India industrial production slumps; Australia bans Chinese investment; UST 10yr at 1.16%; oil up and gold down; NZ$1 = 71.8 USc; TWI-5 = 73.2
A review of things you need to know before you go home on Tuesday; no response to Westpac yet, more MIQ testing, milk price forecast raised, swaps firm, NZD soft, & more
12th Jan 21, 3:59pm
33
A review of things you need to know before you go home on Tuesday; no response to Westpac yet, more MIQ testing, milk price forecast raised, swaps firm, NZD soft, & more
An explainer of bank capital, how it is regulated and set, and how it has changed over recent years, especially the buffering freeboard levels
12th Jan 21, 2:14pm
12
An explainer of bank capital, how it is regulated and set, and how it has changed over recent years, especially the buffering freeboard levels
US Fed's surplus grows; US expects more inflation; China gets less inflation; Aussie retail sales jump; equities slip; UST 10yr at 1.14%; oil and gold unchanged; NZ$1 = 71.8 USc; TWI-5 = 73.2
12th Jan 21, 7:19am
94
US Fed's surplus grows; US expects more inflation; China gets less inflation; Aussie retail sales jump; equities slip; UST 10yr at 1.14%; oil and gold unchanged; NZ$1 = 71.8 USc; TWI-5 = 73.2
Bitcoin smashes records in reverse today with eye-watering declines in a very short period
11th Jan 21, 4:59pm
125
Bitcoin smashes records in reverse today with eye-watering declines in a very short period
A review of things you need to know before you go home on Monday; big New Year rate cut, jobs decline, retail bifurcates, bank depositors go short, NZX50 dives, yields soft, NZD softer, & more
11th Jan 21, 3:59pm
9
A review of things you need to know before you go home on Monday; big New Year rate cut, jobs decline, retail bifurcates, bank depositors go short, NZX50 dives, yields soft, NZD softer, & more
Encouraged by the RBNZ, one major bank offers a 2.29% one year fixed home loan rate. It is almost certain to signal a new round of mortgage rate cuts that will juice up the already-hot housing market
11th Jan 21, 8:18am
159
Encouraged by the RBNZ, one major bank offers a 2.29% one year fixed home loan rate. It is almost certain to signal a new round of mortgage rate cuts that will juice up the already-hot housing market
IMF's China review warns on dangers of unsustainable debt-based growth; Taiwan's export rise extends; US backs down on tech tax; US jobs shrink; UST 10yr at 1.10%; oil and gold up; NZ$1 = 72.4 USc; TWI-5 = 73.6
11th Jan 21, 7:19am
43
IMF's China review warns on dangers of unsustainable debt-based growth; Taiwan's export rise extends; US backs down on tech tax; US jobs shrink; UST 10yr at 1.10%; oil and gold up; NZ$1 = 72.4 USc; TWI-5 = 73.6
Gold and other precious metals are out of favour as asset bubbles mushroom everywhere on huge stimulus, and prospects of much more very soon. Is this the time to buy up now ahead of the 'inevitable' crash?
9th Jan 21, 1:24pm
44
Gold and other precious metals are out of favour as asset bubbles mushroom everywhere on huge stimulus, and prospects of much more very soon. Is this the time to buy up now ahead of the 'inevitable' crash?
US non-farm payrolls disappoint; ditto for Canada; Taiwan's export prowess continues; the IMF warns on China distortions; UST 10yr at 1.10%; oil up but gold slumps; NZ$1 = 72.5 USc; TWI-5 = 73.7
9th Jan 21, 8:45am
98
US non-farm payrolls disappoint; ditto for Canada; Taiwan's export prowess continues; the IMF warns on China distortions; UST 10yr at 1.10%; oil up but gold slumps; NZ$1 = 72.5 USc; TWI-5 = 73.7
Bitcoin smashes records in super-quick time, not all of them on the upside. But the trend is ever higher
8th Jan 21, 10:03am
103
Bitcoin smashes records in super-quick time, not all of them on the upside. But the trend is ever higher
Biden takes over some huge and growing US economic problems; Australia records improving economic data; China races to join TPP; UST 10yr at 1.08%; oil stable and gold up; NZ$1 = 72.5 USc; TWI-5 = 73.7
8th Jan 21, 7:29am
127
Biden takes over some huge and growing US economic problems; Australia records improving economic data; China races to join TPP; UST 10yr at 1.08%; oil stable and gold up; NZ$1 = 72.5 USc; TWI-5 = 73.7
2020 vehicle sales dive in a pandemic-undermined year, wrecked by tourism and supply issues. Worse, they ended on a weakening trend
7th Jan 21, 10:53am
83
2020 vehicle sales dive in a pandemic-undermined year, wrecked by tourism and supply issues. Worse, they ended on a weakening trend