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
Dairy prices slip; US retail sales shrink; US exports fall; US Govt financing situation worsens badly; Germans rattle the ECB; RBA sees 'stronger' recovery; UST 10yr yield at 0.65%; oil up and gold unchanged; NZ$1 = 60.6 USc; TWI-5 = 66.6
6th May 20, 7:26am
121
Dairy prices slip; US retail sales shrink; US exports fall; US Govt financing situation worsens badly; Germans rattle the ECB; RBA sees 'stronger' recovery; UST 10yr yield at 0.65%; oil up and gold unchanged; NZ$1 = 60.6 USc; TWI-5 = 66.6
A review of things you need to know before you go home on Tuesday; more TD rate cuts, building consents drop, eyes on diary auction, car sales collapse, swaps at record lows, NZD firms, & more
5th May 20, 3:59pm
50
A review of things you need to know before you go home on Tuesday; more TD rate cuts, building consents drop, eyes on diary auction, car sales collapse, swaps at record lows, NZD firms, & more
Since the RBNZ started cutting official rates hard, term deposit savers have been on the back foot facing diminishing returns. They won't have noticed the small cushion
5th May 20, 12:39pm
47
Since the RBNZ started cutting official rates hard, term deposit savers have been on the back foot facing diminishing returns. They won't have noticed the small cushion
Worldwide factories lack orders or activity; Hong Kong GDP drops -9%; business borrowing surges; some equity markets fall hard; UST 10yr yield at 0.64%; oil and gold little-changed; NZ$1 = 60.3 USc; TWI-5 = 66.3
5th May 20, 7:27am
204
Worldwide factories lack orders or activity; Hong Kong GDP drops -9%; business borrowing surges; some equity markets fall hard; UST 10yr yield at 0.64%; oil and gold little-changed; NZ$1 = 60.3 USc; TWI-5 = 66.3
A review of things you need to know before you go home on Monday; important retail rate cuts, B&T sees sales volumes halve, Westpac NZ sees profit almost halve, swaps at new record low, NZD soft, & more
4th May 20, 3:59pm
51
A review of things you need to know before you go home on Monday; important retail rate cuts, B&T sees sales volumes halve, Westpac NZ sees profit almost halve, swaps at new record low, NZD soft, & more
China Construction Bank launches a 2.80% one year fixed rate 'special', now the third bank to offer home loan rates below 3%
4th May 20, 2:07pm
27
China Construction Bank launches a 2.80% one year fixed rate 'special', now the third bank to offer home loan rates below 3%
US sidelined in trade progress; US shrinks faster; global PMIs fall; China's domestic tourism rises but labour troubles grow; Aussie house prices hold on vanishing transactions; UST 10yr yield at 0.62%; oil and gold up; NZ$1 = 60.5 USc; TWI-5 = 66.4
4th May 20, 7:21am
156
US sidelined in trade progress; US shrinks faster; global PMIs fall; China's domestic tourism rises but labour troubles grow; Aussie house prices hold on vanishing transactions; UST 10yr yield at 0.62%; oil and gold up; NZ$1 = 60.5 USc; TWI-5 = 66.4
US factories wind down; equity and debt markets face major challenges; China's PMIs rise but no-one else follows; NZ yields dive; UST 10yr yield at 0.63%; oil and gold up; NZ$1 = 60.5 USc; TWI-5 = 66.4
2nd May 20, 8:26am
180
US factories wind down; equity and debt markets face major challenges; China's PMIs rise but no-one else follows; NZ yields dive; UST 10yr yield at 0.63%; oil and gold up; NZ$1 = 60.5 USc; TWI-5 = 66.4
A review of things you need to know before you go home on Friday; more rate changes, Govt enters business banking, consumer confidence tanks, Govt bond yields dive, NZD retreats, & more
1st May 20, 3:59pm
29
A review of things you need to know before you go home on Friday; more rate changes, Govt enters business banking, consumer confidence tanks, Govt bond yields dive, NZD retreats, & more
More massive US job losses; massive household spending cuts; factory PMIs slump; Fed widens its support; China's gains stop; ECB to pay banks to lend; UST 10yr yield at 0.63%; oil rises and gold drops; NZ$1 = 61.4 USc; TWI-5 = 67.1
1st May 20, 7:25am
184
More massive US job losses; massive household spending cuts; factory PMIs slump; Fed widens its support; China's gains stop; ECB to pay banks to lend; UST 10yr yield at 0.63%; oil rises and gold drops; NZ$1 = 61.4 USc; TWI-5 = 67.1
A review of things you need to know before you go home on Thursday; more retail rate cuts, attacking loan sharks, surge in bank deposits, personal debt falls, Govt debt popular, NZD firms, & more
30th Apr 20, 3:59pm
36
A review of things you need to know before you go home on Thursday; more retail rate cuts, attacking loan sharks, surge in bank deposits, personal debt falls, Govt debt popular, NZD firms, & more
US economy shrinks fast; Fed takes no new action; housing markets retreat; job losses mount; South Korea rises; ASIC tells banks to be tough; UST 10yr yield at 0.61%; oil stays low and gold drops; NZ$1 = 61.1 USc; TWI-5 = 67
30th Apr 20, 7:26am
183
US economy shrinks fast; Fed takes no new action; housing markets retreat; job losses mount; South Korea rises; ASIC tells banks to be tough; UST 10yr yield at 0.61%; oil stays low and gold drops; NZ$1 = 61.1 USc; TWI-5 = 67
A review of things you need to know before you go home on Wednesday; trade and mortgage flows strong going into lockdown, high demand for banknotes, swaps fell hard yesterday, NZD up today, & more
29th Apr 20, 3:59pm
64
A review of things you need to know before you go home on Wednesday; trade and mortgage flows strong going into lockdown, high demand for banknotes, swaps fell hard yesterday, NZD up today, & more
US trade deficit stays high as exports slump; consumer confidence dives and factory orders shrink; China gold demand halves; AU confidence stops falling; UST 10yr yield at 0.61%; oil stays low and gold drops; NZ$1 = 60.7 USc; TWI-5 = 66.6
29th Apr 20, 7:22am
176
US trade deficit stays high as exports slump; consumer confidence dives and factory orders shrink; China gold demand halves; AU confidence stops falling; UST 10yr yield at 0.61%; oil stays low and gold drops; NZ$1 = 60.7 USc; TWI-5 = 66.6
A review of things you need to know before you go home on Tuesday; no rate changes, online sales distortions, big layoff, more bank loan impairments, 90 day bank bill rates slumps, NZD slips, & more
28th Apr 20, 3:59pm
71
A review of things you need to know before you go home on Tuesday; no rate changes, online sales distortions, big layoff, more bank loan impairments, 90 day bank bill rates slumps, NZD slips, & more
US data weaker; more SME support trouble; aircraft makers fight to survive; China profits plunge; China gets aggressive politically; ACCC tackles Aussie bank pricing; UST 10yr yield at 0.65%; oil dives again and gold drops; NZ$1 = 60.5 USc; TWI-5 = 66.6
28th Apr 20, 7:21am
137
US data weaker; more SME support trouble; aircraft makers fight to survive; China profits plunge; China gets aggressive politically; ACCC tackles Aussie bank pricing; UST 10yr yield at 0.65%; oil dives again and gold drops; NZ$1 = 60.5 USc; TWI-5 = 66.6
Worldwide infections rise even as Wuhan empties hospitals; China struggles to restart economy; US faces debt and deficit blowouts; payroll subsidies widen; UST 10yr yield at 0.61%; oil dips and gold firms; NZ$1 = 60.2 USc; TWI-5 = 66.4
27th Apr 20, 8:10am
212
Worldwide infections rise even as Wuhan empties hospitals; China struggles to restart economy; US faces debt and deficit blowouts; payroll subsidies widen; UST 10yr yield at 0.61%; oil dips and gold firms; NZ$1 = 60.2 USc; TWI-5 = 66.4
Data continues its ugly track; bailout actions widen; sentiment falls; equity markets focus on the free money, not the demand collapse; UST 10yr yield at 0.60%; oil and gold unchanged; NZ$1 = 60.1 USc; TWI-5 = 66.3
25th Apr 20, 8:47am
190
Data continues its ugly track; bailout actions widen; sentiment falls; equity markets focus on the free money, not the demand collapse; UST 10yr yield at 0.60%; oil and gold unchanged; NZ$1 = 60.1 USc; TWI-5 = 66.3
A review of things you need to know before you go home on Friday; retail rate cut flow continues, Jobseeker benefit applications jump, AIAL downsizes, swaps flat, NZD up, & more
24th Apr 20, 3:59pm
57
A review of things you need to know before you go home on Friday; retail rate cut flow continues, Jobseeker benefit applications jump, AIAL downsizes, swaps flat, NZD up, & more
Services and manufacturing collapses worldwide in April; more fiscal stimulus announced; equity markets rise; UST 10yr yield at 0.61%; oil and gold up; NZ$1 = 60 USc; TWI-5 = 66.4
24th Apr 20, 7:21am
229
Services and manufacturing collapses worldwide in April; more fiscal stimulus announced; equity markets rise; UST 10yr yield at 0.61%; oil and gold up; NZ$1 = 60 USc; TWI-5 = 66.4
A review of things you need to know before you go home on Thursday; minor rate cuts, strong NZGB demand, sharp fall in credit card activity, hunting delayed, swaps stable, NZD soft, & more
23rd Apr 20, 3:59pm
108
A review of things you need to know before you go home on Thursday; minor rate cuts, strong NZGB demand, sharp fall in credit card activity, hunting delayed, swaps stable, NZD soft, & more
Supply chain disruptions grow severe; Toyota to halve output in May; China steel mills out of whack; EU confidence plunges; Aussies mull nationalisations; UST 10yr yield at 0.63%; oil and gold up; NZ$1 = 59.3 USc; TWI-5 = 65.8
23rd Apr 20, 7:24am
117
Supply chain disruptions grow severe; Toyota to halve output in May; China steel mills out of whack; EU confidence plunges; Aussies mull nationalisations; UST 10yr yield at 0.63%; oil and gold up; NZ$1 = 59.3 USc; TWI-5 = 65.8
A review of things you need to know before you go home on Wednesday; more TD rate cuts, dairy prices retreat, farm sales lower, exports hold up, A2 Milk shines, swaps stable, NZD down, then firms, & more
22nd Apr 20, 3:59pm
58
A review of things you need to know before you go home on Wednesday; more TD rate cuts, dairy prices retreat, farm sales lower, exports hold up, A2 Milk shines, swaps stable, NZD down, then firms, & more
Dairy prices down; US housing down; Wall Street down; China tax and profits down; Virgin down, nearly out; Aussie rental market down; UST 10yr yield at 0.57%; gold down; NZ$1 = 59.7 USc; TWI-5 = 66
22nd Apr 20, 7:27am
213
Dairy prices down; US housing down; Wall Street down; China tax and profits down; Virgin down, nearly out; Aussie rental market down; UST 10yr yield at 0.57%; gold down; NZ$1 = 59.7 USc; TWI-5 = 66
A review of things you need to know before you go home on Tuesday; more retail rate cuts, RBNZ starts a move to unwind the LVR caps, eyes on the next dairy auction, swaps fall & flatten, NZD holds, & more
21st Apr 20, 3:59pm
79
A review of things you need to know before you go home on Tuesday; more retail rate cuts, RBNZ starts a move to unwind the LVR caps, eyes on the next dairy auction, swaps fall & flatten, NZD holds, & more