David Chaston

A review of things you need to know before you go home on Monday; minor rate changes, rents up, IRD on warpath, log prices up, credit conditions tighten, swap rates leap, NZD holds, & more;

A review of things you need to know before you go home on Monday; minor rate changes, rents up, IRD on warpath, log prices up, credit conditions tighten, swap rates leap, NZD holds, & more;

US trade deficit stays high; US inventories rise as factory sector wanes; S&P500 hits record high; China debt issues; FDI slumps; EU extends Brexit; UST 10yr 1.85%; oil and gold down; NZ$1 = 63.4 USc; TWI-5 = 68.5

US trade deficit stays high; US inventories rise as factory sector wanes; S&P500 hits record high; China debt issues; FDI slumps; EU extends Brexit; UST 10yr 1.85%; oil and gold down; NZ$1 = 63.4 USc; TWI-5 = 68.5

American federal deficit leaps +26%; Aussies house markets spring into life; China profitability declines; bitcoin jumps; UST 10yr 1.80%; oil and gold up; NZ$1 = 63.5 USc; TWI-5 = 68.6

American federal deficit leaps +26%; Aussies house markets spring into life; China profitability declines; bitcoin jumps; UST 10yr 1.80%; oil and gold up; NZ$1 = 63.5 USc; TWI-5 = 68.6

US sentiment holds but faces poor jobs report; car loan threats; trade talk optimism; China and India face hurdles, more central banks cut; equities hold high; UST 10yr 1.80%; oil and gold up; NZ$1 = 63.5 USc; TWI-5 = 68.7

US sentiment holds but faces poor jobs report; car loan threats; trade talk optimism; China and India face hurdles, more central banks cut; equities hold high; UST 10yr 1.80%; oil and gold up; NZ$1 = 63.5 USc; TWI-5 = 68.7

A review of things you need to know before you go home on Friday; no rate changes, fewer foreign buyers, Synlait goes retail, yuan shunned, Aussie directors gloomy, swaps lower, NZD soft, & more

A review of things you need to know before you go home on Friday; no rate changes, fewer foreign buyers, Synlait goes retail, yuan shunned, Aussie directors gloomy, swaps lower, NZD soft, & more

Core US economic data weakens; Canada sees brighter housing markets; ECB confirms new QE as PMIS stall; China property under stress; AU bond offer fails; UST 10yr yield at 1.75%; oil and gold up; NZ$1 = 63.8 USc; TWI-5 = 68.9

Core US economic data weakens; Canada sees brighter housing markets; ECB confirms new QE as PMIS stall; China property under stress; AU bond offer fails; UST 10yr yield at 1.75%; oil and gold up; NZ$1 = 63.8 USc; TWI-5 = 68.9

The next move lower for home loan rates is a minor tweak, this time by Kiwibank, and the main features are that it just matches rate levels of its main rivals

The next move lower for home loan rates is a minor tweak, this time by Kiwibank, and the main features are that it just matches rate levels of its main rivals

A review of things you need to know before you go home on Thursday; ASB cuts TD rates, farmers get reprieve but also obligations, NZGB yields up, mortgage interest payments flat, swaps slip, NZD firm, & more

A review of things you need to know before you go home on Thursday; ASB cuts TD rates, farmers get reprieve but also obligations, NZGB yields up, mortgage interest payments flat, swaps slip, NZD firm, & more

Another major bank adds momentum to the drift lower for term deposit rates, comfortable to be sitting lower than some key rivals. Now most of the OCR cuts have hit savers

Another major bank adds momentum to the drift lower for term deposit rates, comfortable to be sitting lower than some key rivals. Now most of the OCR cuts have hit savers

Caterpillar in retreat; Canada wholesale trade drops; EU consumer confidence lower; China criminalises high interest rates; Aussie commercial property popular; UST 10yr yield at 1.75%; oil and gold up; NZ$1 = 64.2 USc; TWI-5 = 69.2

Caterpillar in retreat; Canada wholesale trade drops; EU consumer confidence lower; China criminalises high interest rates; Aussie commercial property popular; UST 10yr yield at 1.75%; oil and gold up; NZ$1 = 64.2 USc; TWI-5 = 69.2

A review of things you need to know before you go home on Wednesday; trade deficit stable, cars king, Rio Tinto tests Meridian again, NZX50 tumbles, swaps turn lower, NZD weaker, & more

A review of things you need to know before you go home on Wednesday; trade deficit stable, cars king, Rio Tinto tests Meridian again, NZX50 tumbles, swaps turn lower, NZD weaker, & more

US home sales slip; Canadian retail sales lower; tariff waivers get political; another key Brexit vote imminent; Aussie bank targets residential investors; UST 10yr yield at 1.79%; oil up and gold unchanged; NZ$1 = 64.1 USc; TWI-5 = 69

US home sales slip; Canadian retail sales lower; tariff waivers get political; another key Brexit vote imminent; Aussie bank targets residential investors; UST 10yr yield at 1.79%; oil up and gold unchanged; NZ$1 = 64.1 USc; TWI-5 = 69

A review of things you need to know before you go home on Tuesday; a few rate changes, affordability improves, e-scooters cost taxpayers, Southern Response winding up, swaps higher, NZD higher, & more

A review of things you need to know before you go home on Tuesday; a few rate changes, affordability improves, e-scooters cost taxpayers, Southern Response winding up, swaps higher, NZD higher, & more

Farm land prices are not rising and haven't been for at least a decade. Clearly farmers are not 'farming for capital gains', no matter what farm type you review

Farm land prices are not rising and haven't been for at least a decade. Clearly farmers are not 'farming for capital gains', no matter what farm type you review

Wall Street mood improves; China house price growth slips; key China rate on hold; Japanese exports fall; sharp wealth changes; UST 10yr yield at 1.80%; oil and gold lower; NZ$1 = 64 USc; TWI-5 = 68.9

Wall Street mood improves; China house price growth slips; key China rate on hold; Japanese exports fall; sharp wealth changes; UST 10yr yield at 1.80%; oil and gold lower; NZ$1 = 64 USc; TWI-5 = 68.9

A review of things you need to know before you go home on Monday; lower rates, broader incentives, credit card growth stunted, BNPL extends, swaps up, NZD up, & more

A review of things you need to know before you go home on Monday; lower rates, broader incentives, credit card growth stunted, BNPL extends, swaps up, NZD up, & more

The re-emergence of cash-back home loan incentives in public mortgage advertising heralds an elevated drive for business by a number of banks

The re-emergence of cash-back home loan incentives in public mortgage advertising heralds an elevated drive for business by a number of banks

US corporate earnings flat; Japan eyes deeper negative rates; China growth slows; Brexit shambles continues; AU banks shun clients with AfterPay; UST 10yr yield at 1.75%; oil and gold little-changed; NZ$1 = 63.9 USc; TWI-5 = 68.7

US corporate earnings flat; Japan eyes deeper negative rates; China growth slows; Brexit shambles continues; AU banks shun clients with AfterPay; UST 10yr yield at 1.75%; oil and gold little-changed; NZ$1 = 63.9 USc; TWI-5 = 68.7

A NZ-owned challenger bank bursts into contention with a 3.39% two year fixed home loan rate, plus a cash-back incentive. Other banks eye cashbacks too

A NZ-owned challenger bank bursts into contention with a 3.39% two year fixed home loan rate, plus a cash-back incentive. Other banks eye cashbacks too

Wall Street middling; US Q3 growth low; China growth downshifts; China clamps down on P2P; US tariffs EU goods; eyes on Brexit vote; NZ GDP firm; UST 10yr 1.75%; oil unchanged and gold lower; NZ$1 = 63.7 USc; TWI-5 = 68.6

Wall Street middling; US Q3 growth low; China growth downshifts; China clamps down on P2P; US tariffs EU goods; eyes on Brexit vote; NZ GDP firm; UST 10yr 1.75%; oil unchanged and gold lower; NZ$1 = 63.7 USc; TWI-5 = 68.6

A review of things you need to know before you go home on Friday; ASB cuts, goMoney used by 1 mln, FMA warns, retirement home risks, marine risks, China's growth holds high, swaps up again, NZD rises, & more

A review of things you need to know before you go home on Friday; ASB cuts, goMoney used by 1 mln, FMA warns, retirement home risks, marine risks, China's growth holds high, swaps up again, NZD rises, & more

The last of the major banks trims its key mortgage rates, falling into line with the levels triggered by ANZ earlier in the week. With low rates very tightly bunched, no bank can afford to be out of line

The last of the major banks trims its key mortgage rates, falling into line with the levels triggered by ANZ earlier in the week. With low rates very tightly bunched, no bank can afford to be out of line

American housing and factories stumble; Canadian jobs rise; China targets trade deal signing; EU gets its Brexit deal, now up to London signoff; UST 10yr yield at 1.74%; oil unchanged and gold up; NZ$1 = 63.5 USc; TWI-5 = 68.5

American housing and factories stumble; Canadian jobs rise; China targets trade deal signing; EU gets its Brexit deal, now up to London signoff; UST 10yr yield at 1.74%; oil unchanged and gold up; NZ$1 = 63.5 USc; TWI-5 = 68.5

A review of things you need to know before you go home on Thursday; some significant rate cuts, investors tire on low yields, businesses struggle, swaps firm, NZD soft, & more

A review of things you need to know before you go home on Thursday; some significant rate cuts, investors tire on low yields, businesses struggle, swaps firm, NZD soft, & more

This week BNZ, Kiwibank and Rabobank have cut term deposit rates and a 3% offer is only available from SBS Bank now. We update where term deposit rates are being pitched in this ever-declining space

This week BNZ, Kiwibank and Rabobank have cut term deposit rates and a 3% offer is only available from SBS Bank now. We update where term deposit rates are being pitched in this ever-declining space