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
US dollar slips as bond yields, commodities and equities rise; Japanese confidence sinks again; China encourages offshore spending; UST 10yr at 1.05%; oil up and gold down; NZ$1 = 72.7 USc; TWI-5 = 73.8
7th Jan 21, 7:26am
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US dollar slips as bond yields, commodities and equities rise; Japanese confidence sinks again; China encourages offshore spending; UST 10yr at 1.05%; oil up and gold down; NZ$1 = 72.7 USc; TWI-5 = 73.8
Barfoots finishes 2020 strongly with sales volumes up +28% and median price exceeding $1 mln for the first time
6th Jan 21, 10:25am
162
Barfoots finishes 2020 strongly with sales volumes up +28% and median price exceeding $1 mln for the first time
Dairy prices rise for fourth straight time; US retail and factory data positive; World Bank downgrades growth again, but China a bright spot; UST 10yr at 0.96%; oil and gold up; NZ$1 = 72.4 USc; TWI-5 = 73.4
6th Jan 21, 7:31am
50
Dairy prices rise for fourth straight time; US retail and factory data positive; World Bank downgrades growth again, but China a bright spot; UST 10yr at 0.96%; oil and gold up; NZ$1 = 72.4 USc; TWI-5 = 73.4
David Chaston points out that the new 39% income tax rate won't work as intended. It will just re-incentivise the housing distortion, sad because the real answer has been in plain sight for a decade
5th Jan 21, 3:29pm
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David Chaston points out that the new 39% income tax rate won't work as intended. It will just re-incentivise the housing distortion, sad because the real answer has been in plain sight for a decade
World factories ended 2020 expanding; China focuses on food security - again; Aussie house prices up, except for high-density housing; UST 10yr at 0.91%; oil down and gold jumps; NZ$1 = 71.7 USc; TWI-5 = 73
5th Jan 21, 7:54am
17
World factories ended 2020 expanding; China focuses on food security - again; Aussie house prices up, except for high-density housing; UST 10yr at 0.91%; oil down and gold jumps; NZ$1 = 71.7 USc; TWI-5 = 73
US Congress avoids a jobless benefits mess; China distorts food and commodity prices; China tells banks to cap mortgage risks; UST 10yr at 0.92%; oil holds and gold up; NZ$1 = 71.8 USc; TWI-5 = 73.1
4th Jan 21, 8:26am
23
US Congress avoids a jobless benefits mess; China distorts food and commodity prices; China tells banks to cap mortgage risks; UST 10yr at 0.92%; oil holds and gold up; NZ$1 = 71.8 USc; TWI-5 = 73.1
2020 might have delivered an unexpected horror run, but now it is behind us it is time to record what you think will happen in 2021 (and to check how well your 2020 predictions worked out)
31st Dec 20, 9:36am
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2020 might have delivered an unexpected horror run, but now it is behind us it is time to record what you think will happen in 2021 (and to check how well your 2020 predictions worked out)
A record US trade deficit; US business commitment hesitates; Americans optimistic long-term; South Korea struggles; global food prices at 6yr high; UST 10yr at 0.93%; oil holds and gold up; NZ$1 = 72.1 USc; TWI-5 = 73.3
31st Dec 20, 8:32am
22
A record US trade deficit; US business commitment hesitates; Americans optimistic long-term; South Korea struggles; global food prices at 6yr high; UST 10yr at 0.93%; oil holds and gold up; NZ$1 = 72.1 USc; TWI-5 = 73.3
Banks are taking substantially different views over their appetite for rural debt, and they are not all based on loan-loss experience. Meanwhile, non-bank lenders are also moving in
30th Dec 20, 11:35am
17
Banks are taking substantially different views over their appetite for rural debt, and they are not all based on loan-loss experience. Meanwhile, non-bank lenders are also moving in
US retail sales tick up; South Korea sentiment falls; bond markets see inflation coming; 2020 equity market moves very mixed; UST 10yr at 0.93%; oil and gold hold; NZ$1 = 71.6 USc; TWI-5 = 73
30th Dec 20, 8:25am
15
US retail sales tick up; South Korea sentiment falls; bond markets see inflation coming; 2020 equity market moves very mixed; UST 10yr at 0.93%; oil and gold hold; NZ$1 = 71.6 USc; TWI-5 = 73
China profits rise; iron ore prices stay high; Japanese retail sales slip; a Brexit deal agreed; EU and China close to a deal too; US gets its stimulus deal signed; UST 10yr at 0.94%; oil and gold hold; NZ$1 = 70.9 USc; TWI-5 = 72.6
29th Dec 20, 8:42am
31
China profits rise; iron ore prices stay high; Japanese retail sales slip; a Brexit deal agreed; EU and China close to a deal too; US gets its stimulus deal signed; UST 10yr at 0.94%; oil and gold hold; NZ$1 = 70.9 USc; TWI-5 = 72.6
Whales pile in to what they see is a one-way bet of certain gains for bitcoin, fueled by expectations of consumer inflation and a virtually fixed supply base - just as fiat currencies are being called on to bolster pandemic relief
28th Dec 20, 2:42pm
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Whales pile in to what they see is a one-way bet of certain gains for bitcoin, fueled by expectations of consumer inflation and a virtually fixed supply base - just as fiat currencies are being called on to bolster pandemic relief
We look back on an even bigger, more successful year in 2020 and reveal our most popular articles
24th Dec 20, 10:02am
21
We look back on an even bigger, more successful year in 2020 and reveal our most popular articles
US jobless claims stay high and relief deal not yet done; US personal incomes fall; China's power outages expand; Brexit optimism; Aussie trade surplus shrinks; UST 10yr at 0.96%; oil and gold rise; NZ$1 = 71 USc; TWI-5 = 72.7
24th Dec 20, 7:45am
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US jobless claims stay high and relief deal not yet done; US personal incomes fall; China's power outages expand; Brexit optimism; Aussie trade surplus shrinks; UST 10yr at 0.96%; oil and gold rise; NZ$1 = 71 USc; TWI-5 = 72.7
US retail and confidence dip; other US data positive; China trapped as iron ore prices push higher; Australian retail surges in November; UST 10yr at 0.92%; oil holds and gold drops; NZ$1 = 70.4 USc; TWI-5 = 72.2
23rd Dec 20, 7:26am
19
US retail and confidence dip; other US data positive; China trapped as iron ore prices push higher; Australian retail surges in November; UST 10yr at 0.92%; oil holds and gold drops; NZ$1 = 70.4 USc; TWI-5 = 72.2
A review of things you need to know before you go home on Tuesday; affordability a mirage for FHBs, first FLP drawdown, FMA get some restitution, Aussie retail booms, swaps stable, NZD soft, & more
22nd Dec 20, 3:59pm
17
A review of things you need to know before you go home on Tuesday; affordability a mirage for FHBs, first FLP drawdown, FMA get some restitution, Aussie retail booms, swaps stable, NZD soft, & more
US pandemic support deal done; US Fed balance sheet expands again; China struggles with jobs, steel output hits massive level; Taiwan stars; UST 10yr at 0.94%; oil lower and gold firm; NZ$1 = 70.9 USc; TWI-5 = 72.5
22nd Dec 20, 7:34am
53
US pandemic support deal done; US Fed balance sheet expands again; China struggles with jobs, steel output hits massive level; Taiwan stars; UST 10yr at 0.94%; oil lower and gold firm; NZ$1 = 70.9 USc; TWI-5 = 72.5
A review of things you need to know before you go home on Monday; no retail rate changes, active credit cards, but lower balances, Hawkes Bay region shines, UK mutation gets closer, swaps hold, NZD softer, & more
21st Dec 20, 3:59pm
25
A review of things you need to know before you go home on Monday; no retail rate changes, active credit cards, but lower balances, Hawkes Bay region shines, UK mutation gets closer, swaps hold, NZD softer, & more
US pandemic aid agreed but vote uncertain; US Fed passes bank stress tests; huge Russian hack; England faces isolation; China goes for growth; NSW shaken; UST 10yr at 0.95%; oil firm and gold soft; NZ$1 = 71.4 USc; TWI-5 = 72.8
21st Dec 20, 7:19am
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US pandemic aid agreed but vote uncertain; US Fed passes bank stress tests; huge Russian hack; England faces isolation; China goes for growth; NSW shaken; UST 10yr at 0.95%; oil firm and gold soft; NZ$1 = 71.4 USc; TWI-5 = 72.8
US aid extension still unresolved; eyes on Fed stress tests; commercial property valuation risks rise; Beijing keeps stimulus high; NSW virus outbreak concerns; UST 10yr at 0.94%; oil firm and gold soft; NZ$1 = 71.2 USc; TWI-5 = 72.7
19th Dec 20, 7:44am
21
US aid extension still unresolved; eyes on Fed stress tests; commercial property valuation risks rise; Beijing keeps stimulus high; NSW virus outbreak concerns; UST 10yr at 0.94%; oil firm and gold soft; NZ$1 = 71.2 USc; TWI-5 = 72.7
A review of things you need to know before you go home on Friday; consumer confidence up, business confidence up more, trade surplus surprise, ATM sinks, swaps steepen, NZD holds, & more
18th Dec 20, 3:59pm
17
A review of things you need to know before you go home on Friday; consumer confidence up, business confidence up more, trade surplus surprise, ATM sinks, swaps steepen, NZD holds, & more
US jobless claims surge; no Congressional support deal yet; China's bond frenzy; exports weaker in Singapore; Aussie jobs data positive; UST 10yr at 0.94%; oil and gold up; NZ$1 = 71.5 USc; TWI-5 = 72.8
18th Dec 20, 7:20am
63
US jobless claims surge; no Congressional support deal yet; China's bond frenzy; exports weaker in Singapore; Aussie jobs data positive; UST 10yr at 0.94%; oil and gold up; NZ$1 = 71.5 USc; TWI-5 = 72.8
A review of things you need to know before you go home on Thursday; ATM on tenterhooks, GDP growth stronger, buoyant farm sales, SMEs growing again, dairy's core role, swaps stable, NZD firm, & more
17th Dec 20, 3:59pm
27
A review of things you need to know before you go home on Thursday; ATM on tenterhooks, GDP growth stronger, buoyant farm sales, SMEs growing again, dairy's core role, swaps stable, NZD firm, & more
Eyes on new US fiscal stimulus; US retails sales slip, PMIs weaken; US labels more currency manipulators; China gets winter power blackouts; UST 10yr at 0.92%; oil and gold up; NZ$1 = 70.8 USc; TWI-5 = 72.4
17th Dec 20, 7:20am
38
Eyes on new US fiscal stimulus; US retails sales slip, PMIs weaken; US labels more currency manipulators; China gets winter power blackouts; UST 10yr at 0.92%; oil and gold up; NZ$1 = 70.8 USc; TWI-5 = 72.4
A review of things you need to know before you go home on Wednesday; dairy prices up, Treasury eyes surplus, tiny C/A deficit, lower Govt bond issuance needed, swaps stable, NZD hold, & more
16th Dec 20, 3:59pm
23
A review of things you need to know before you go home on Wednesday; dairy prices up, Treasury eyes surplus, tiny C/A deficit, lower Govt bond issuance needed, swaps stable, NZD hold, & more