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David Chaston

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.

Member for

15 years 10 months

Latest articles

A review of things you need to know before you go home on Thursday; Heartland's record low mortgage rates, used are imports shrink, local authority taxes up more than 3 times inflation, swaps yo-yo up, NZD stable, & more
5th Mar 20, 3:59pm
56
A review of things you need to know before you go home on Thursday; Heartland's record low mortgage rates, used are imports shrink, local authority taxes up more than 3 times inflation, swaps yo-yo up, NZD stable, & more
Major equity markets rally; air travel and air cargo volumes sink; US service sector growth confusing, Canada cuts by -50 bps; China restart uncertain; Aussie stimulus awaited; UST 10yr yield at 0.97%; oil and gold unchanged; NZ$1 = 62.8 USc; TWI-5 = 68.1
5th Mar 20, 7:16am
130
Major equity markets rally; air travel and air cargo volumes sink; US service sector growth confusing, Canada cuts by -50 bps; China restart uncertain; Aussie stimulus awaited; UST 10yr yield at 0.97%; oil and gold unchanged; NZ$1 = 62.8 USc; TWI-5 = 68.1
A review of things you need to know before you go home on Wednesday; Kiwibank trims rates, house prices rising, building consents up, petrol down, swaps in steep fall again, NZD holds, & much more
4th Mar 20, 3:59pm
75
A review of things you need to know before you go home on Wednesday; Kiwibank trims rates, house prices rising, building consents up, petrol down, swaps in steep fall again, NZD holds, & much more
US Fed makes emergency rate cut; markets recoil again; virus rises sharply outside China; dairy prices resilient; RBA cuts; UST 10yr yield at 1.04%; oil holds, gold jumps; NZ$1 = 63 USc; TWI-5 = 68.3
4th Mar 20, 7:09am
159
US Fed makes emergency rate cut; markets recoil again; virus rises sharply outside China; dairy prices resilient; RBA cuts; UST 10yr yield at 1.04%; oil holds, gold jumps; NZ$1 = 63 USc; TWI-5 = 68.3
A review of things you need to know before you go home on Tuesday; Kāinga Ora changes rates, car sales up,log prices slump, Govt. warns banks, RBA cuts, swaps recover, NZD up, & more
3rd Mar 20, 3:59pm
30
A review of things you need to know before you go home on Tuesday; Kāinga Ora changes rates, car sales up,log prices slump, Govt. warns banks, RBA cuts, swaps recover, NZD up, & more
Markets stage a partial recovery; new order levels fall sharply globally; IMF & World Bank offer aid; QE expectations high; UST 10yr yield at 1.09%; oil and gold recover partly; NZ$1 = 62.5 USc; TWI-5 = 68
3rd Mar 20, 7:20am
78
Markets stage a partial recovery; new order levels fall sharply globally; IMF & World Bank offer aid; QE expectations high; UST 10yr yield at 1.09%; oil and gold recover partly; NZ$1 = 62.5 USc; TWI-5 = 68
A review of things you need to know before you go home on Monday; Lending Crowd cuts loan rates, housing market buoyant; ANZ pays penalty, equity market turmoil; swaps sink, NZD lower, & more
2nd Mar 20, 3:59pm
32
A review of things you need to know before you go home on Monday; Lending Crowd cuts loan rates, housing market buoyant; ANZ pays penalty, equity market turmoil; swaps sink, NZD lower, & more
New Zealand's financial markets sink, with wholesale swap rates diving to unprecedented lows
2nd Mar 20, 11:33am
15
New Zealand's financial markets sink, with wholesale swap rates diving to unprecedented lows
China's PMIs collapse; Covid-19 cases jump in murky data; US Fed says it will act; financial markets react with fear; UST 10yr yield at 1.16%; oil dives and gold tanks; NZ$1 = 62.5 USc; TWI-5 = 68.2
2nd Mar 20, 7:05am
75
China's PMIs collapse; Covid-19 cases jump in murky data; US Fed says it will act; financial markets react with fear; UST 10yr yield at 1.16%; oil dives and gold tanks; NZ$1 = 62.5 USc; TWI-5 = 68.2
Panic grips markets at the end of the week with weird changes in a fast-moving situation; background economic data ignored; Covid-19 fears overwhelm; UST 10yr yield at 1.17%; oil drops hard and gold collapses; NZ$1 = 62.2 USc; TWI-5 = 68.1
29th Feb 20, 7:44am
121
Panic grips markets at the end of the week with weird changes in a fast-moving situation; background economic data ignored; Covid-19 fears overwhelm; UST 10yr yield at 1.17%; oil drops hard and gold collapses; NZ$1 = 62.2 USc; TWI-5 = 68.1
Our currency takes a hit on rumours that Covid-19 has arrived. Wholesale swap rates sink as well
28th Feb 20, 5:33pm
53
Our currency takes a hit on rumours that Covid-19 has arrived. Wholesale swap rates sink as well
A review of things you need to know before you go home on Friday; no retail rate changes, Crown surplus rises, consumer confidence stable, rural debt shrinks, swap rates fall hard, NZD holds, & much more
28th Feb 20, 3:59pm
58
A review of things you need to know before you go home on Friday; no retail rate changes, Crown surplus rises, consumer confidence stable, rural debt shrinks, swap rates fall hard, NZD holds, & much more
Pandemic declarations closer; equity losses grow; US economic data mixed; China struggles to get back to work. Aussie capex very weak; UST 10yr yield at 1.31%; oil down again but gold up; NZ$1 = 63.2 USc; TWI-5 = 69.1
28th Feb 20, 7:18am
131
Pandemic declarations closer; equity losses grow; US economic data mixed; China struggles to get back to work. Aussie capex very weak; UST 10yr yield at 1.31%; oil down again but gold up; NZ$1 = 63.2 USc; TWI-5 = 69.1
A review of things you need to know before you go home on Thursday; a sharp TD rate hike, Fonterra affirms milk price, ANZ worried about business confidence, Govt outlines its virus plans, swaps lower, NZD lower, & much more
27th Feb 20, 3:59pm
32
A review of things you need to know before you go home on Thursday; a sharp TD rate hike, Fonterra affirms milk price, ANZ worried about business confidence, Govt outlines its virus plans, swaps lower, NZD lower, & much more
Market panic met with huge deficit spending plan in Hong Kong, huge Chinese "investment" projects; markets turn unsure of next direction; UST 10yr yield at 1.32%; oil down and gold retreats further; NZ$1 = 63 USc; TWI-5 = 69.1
27th Feb 20, 7:19am
83
Market panic met with huge deficit spending plan in Hong Kong, huge Chinese "investment" projects; markets turn unsure of next direction; UST 10yr yield at 1.32%; oil down and gold retreats further; NZ$1 = 63 USc; TWI-5 = 69.1
A review of things you need to know before you go home on Wednesday; no retail rate changes, equity rout continues, no insurance cover, EY's (Aussie?) culture problem, swaps lower, NZD soft, & more
26th Feb 20, 3:59pm
56
A review of things you need to know before you go home on Wednesday; no retail rate changes, equity rout continues, no insurance cover, EY's (Aussie?) culture problem, swaps lower, NZD soft, & more
Wall Street ends Tuesday's session down sharply again, taking the two day drop to -6.3% for the S&P500 and -16 bps for the UST 10yr benchmark bond
26th Feb 20, 9:56am
85
Wall Street ends Tuesday's session down sharply again, taking the two day drop to -6.3% for the S&P500 and -16 bps for the UST 10yr benchmark bond
American consumers oblivious to risks, but Wall Street understands now; Hong Kong housing facing negative equity; IEA sees CO2 emissions flat; UST 10yr yield at 1.32%; oil unchanged and gold retreats; NZ$1 = 63.2 USc; TWI-5 = 69.2
26th Feb 20, 7:21am
130
American consumers oblivious to risks, but Wall Street understands now; Hong Kong housing facing negative equity; IEA sees CO2 emissions flat; UST 10yr yield at 1.32%; oil unchanged and gold retreats; NZ$1 = 63.2 USc; TWI-5 = 69.2
A review of things you need to know before you go home on Tuesday; personal loan rate changes, strong auction pickup, equity market falls slow, swaps soft, NZD firm, & more
25th Feb 20, 3:59pm
34
A review of things you need to know before you go home on Tuesday; personal loan rate changes, strong auction pickup, equity market falls slow, swaps soft, NZD firm, & more
Pandemic fears grip equity markets despite first world data modestly positive; Is China restarting too soon? Malaysia in political turmoil; Aussie power grid 'critical'; UST 10yr yield at 1.36%; oil dives and gold jumps; NZ$1 = 63.5 USc; TWI-5 = 69.5
25th Feb 20, 7:18am
64
Pandemic fears grip equity markets despite first world data modestly positive; Is China restarting too soon? Malaysia in political turmoil; Aussie power grid 'critical'; UST 10yr yield at 1.36%; oil dives and gold jumps; NZ$1 = 63.5 USc; TWI-5 = 69.5
A review of things you need to know before you go home on Monday: some rate changes, retail sales growth lackluster, credit card balances fall, swaps sink, NZD low, & more
24th Feb 20, 3:59pm
60
A review of things you need to know before you go home on Monday: some rate changes, retail sales growth lackluster, credit card balances fall, swaps sink, NZD low, & more
G20 struggles with BEPS; Buffett warns on CEOs; COVID-19 moves out of China; China struggles with downturn; US feels effects; IMF downgrades growth; UST 10yr yield at 1.47%; oil flat and gold up; NZ$1 = 63.5 USc; TWI-5 = 69.6
24th Feb 20, 7:21am
99
G20 struggles with BEPS; Buffett warns on CEOs; COVID-19 moves out of China; China struggles with downturn; US feels effects; IMF downgrades growth; UST 10yr yield at 1.47%; oil flat and gold up; NZ$1 = 63.5 USc; TWI-5 = 69.6
Over the past ten years, KiwiSaver schemes have delivered less than half the returns the NZ Super Fund has, and in 2019 it was only marginally better
22nd Feb 20, 9:52am
16
Over the past ten years, KiwiSaver schemes have delivered less than half the returns the NZ Super Fund has, and in 2019 it was only marginally better
Global supply chain at risk from China stall; US PMIs dive; Fed says prepare for recession; most data soft; China car and property sales collapse; UST 10yr yield at 1.47%; oil lower and gold jumps; NZ$1 = 63.5 USc; TWI-5 = 69.6
22nd Feb 20, 8:45am
44
Global supply chain at risk from China stall; US PMIs dive; Fed says prepare for recession; most data soft; China car and property sales collapse; UST 10yr yield at 1.47%; oil lower and gold jumps; NZ$1 = 63.5 USc; TWI-5 = 69.6
A review of things you need to know before you go home on Friday; some late retail rate changes, NZ businesses in China hit, Kiwibank profit falls, KiwiSaver funds grow, swaps lower, NZD soft, & more
21st Feb 20, 3:59pm
31
A review of things you need to know before you go home on Friday; some late retail rate changes, NZ businesses in China hit, Kiwibank profit falls, KiwiSaver funds grow, swaps lower, NZD soft, & more