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
Markets drop on Washington weirdness; EU vows retaliation; China debt issues grow; PISA standards sink; Aussie C/A swells; dairy prices slip; UST 10yr yield at 1.70%; oil unchanged and gold up; NZ$1 = 65.2 USc; TWI-5 = 70.3
4th Dec 19, 7:21am
63
Markets drop on Washington weirdness; EU vows retaliation; China debt issues grow; PISA standards sink; Aussie C/A swells; dairy prices slip; UST 10yr yield at 1.70%; oil unchanged and gold up; NZ$1 = 65.2 USc; TWI-5 = 70.3
A review of things you need to know before you go home on Tuesday; ANZ raises home loan rate, cuts terms deposit rates, B&T says prices up, car sales flat, rents jump, equities suffer, swaps up, NZD stays high, & more
3rd Dec 19, 3:59pm
11
A review of things you need to know before you go home on Tuesday; ANZ raises home loan rate, cuts terms deposit rates, B&T says prices up, car sales flat, rents jump, equities suffer, swaps up, NZD stays high, & more
Wall Street fears weakening data; US tariffs Brazil and Argentina steel; China PMI's rise; Aussie data broadly weak; rural prospects dry up; UST 10yr yield at 1.83%; oil firmer and gold lower; NZ$1 = 65.1 USc; TWI-5 = 70.3
3rd Dec 19, 7:21am
8
Wall Street fears weakening data; US tariffs Brazil and Argentina steel; China PMI's rise; Aussie data broadly weak; rural prospects dry up; UST 10yr yield at 1.83%; oil firmer and gold lower; NZ$1 = 65.1 USc; TWI-5 = 70.3
ANZ raises a key mortgage rate, fixes its uncompetitive 18 month rate, and lowers some term deposit rates. None of these moves are market-leading
3rd Dec 19, 5:02am
14
ANZ raises a key mortgage rate, fixes its uncompetitive 18 month rate, and lowers some term deposit rates. None of these moves are market-leading
A review of things you need to know before you go home on Monday; many rate cuts, solid retail start, high terms of trade, stimulus redux, very weak GST growth, swap rates up, NZD firm, & more
2nd Dec 19, 3:59pm
9
A review of things you need to know before you go home on Monday; many rate cuts, solid retail start, high terms of trade, stimulus redux, very weak GST growth, swap rates up, NZD firm, & more
China PMIs surprise; India growth sliding; IMF downgrades Japan; US retail weak; Canada & Germany report weak growth; NZ starts stimulus; UST 10yr yield at 1.77%; oil down and gold unchanged; NZ$1 = 64.2 USc; TWI-5 = 69.6
2nd Dec 19, 7:21am
32
China PMIs surprise; India growth sliding; IMF downgrades Japan; US retail weak; Canada & Germany report weak growth; NZ starts stimulus; UST 10yr yield at 1.77%; oil down and gold unchanged; NZ$1 = 64.2 USc; TWI-5 = 69.6
David Chaston can't wait for December 5 to see how committed the RBNZ is to ensuring bank shareholders play their role properly as responsible investors, rather than rent-seeking leverage merchants
1st Dec 19, 6:31am
48
David Chaston can't wait for December 5 to see how committed the RBNZ is to ensuring bank shareholders play their role properly as responsible investors, rather than rent-seeking leverage merchants
US holiday retail starts subdued; Canada growth slows; Japan confidence rises; China and India in growth downgrades; Aussie debt growth weak; UST 10yr 1.77%; oil down and gold up; NZ$1 = 64.2 USc; TWI-5 = 68.6
30th Nov 19, 8:53am
54
US holiday retail starts subdued; Canada growth slows; Japan confidence rises; China and India in growth downgrades; Aussie debt growth weak; UST 10yr 1.77%; oil down and gold up; NZ$1 = 64.2 USc; TWI-5 = 68.6
A review of things you need to know before you go home on Friday; BNZ cuts rates, building consent rises strong, consumer confidence up, mortgage debt up, household deposit growth slows, swaps firm, NZD stable, & more
29th Nov 19, 3:59pm
5
A review of things you need to know before you go home on Friday; BNZ cuts rates, building consent rises strong, consumer confidence up, mortgage debt up, household deposit growth slows, swaps firm, NZD stable, & more
BNZ strikes with a hot eighteen month fixed rate, extending the 3.39% price point out longer just after others started raising two year rates recently
29th Nov 19, 8:56am
19
BNZ strikes with a hot eighteen month fixed rate, extending the 3.39% price point out longer just after others started raising two year rates recently
US holiday masks weaknesses; Mexico and Japan report weak data; OECD pessimistic; key food prices jump; Aussie capex falls; UST 10yr yield at 1.77%; oil and gold little-changed; NZ$1 = 64.1 USc; TWI-5 = 69.6
29th Nov 19, 7:21am
46
US holiday masks weaknesses; Mexico and Japan report weak data; OECD pessimistic; key food prices jump; Aussie capex falls; UST 10yr yield at 1.77%; oil and gold little-changed; NZ$1 = 64.1 USc; TWI-5 = 69.6
A review of things you need to know before you go home on Thursday; no rate changes, business confidence improves, farmers under pressure from bankers, bank leverage high,swaps lower, NZD higher, & more
28th Nov 19, 3:59pm
11
A review of things you need to know before you go home on Thursday; no rate changes, business confidence improves, farmers under pressure from bankers, bank leverage high,swaps lower, NZD higher, & more
Low US growth revised up; inflation down; personal incomes flat but spending rises; China profits fall, new stimulus actioned; grim Aussie construction data; UST 10yr yield at 1.77%; oil and gold down; NZ$1 = 64.3 USc; TWI-5 = 69.7
28th Nov 19, 7:20am
103
Low US growth revised up; inflation down; personal incomes flat but spending rises; China profits fall, new stimulus actioned; grim Aussie construction data; UST 10yr yield at 1.77%; oil and gold down; NZ$1 = 64.3 USc; TWI-5 = 69.7
A review of things you need to know before you go home on Wednesday; HSBC raises mortgage rates, trade deficit swells, LVR limits unchanged, more migrants coming, swap rates lower, NZD up, & more
27th Nov 19, 3:59pm
12
A review of things you need to know before you go home on Wednesday; HSBC raises mortgage rates, trade deficit swells, LVR limits unchanged, more migrants coming, swap rates lower, NZD up, & more
HSBC ends its 3.35% across-the-board mortgage rate offer, raising rates by between +19 bps and +54 bps, but still with offers that are generally competitive with the main banks
27th Nov 19, 12:28pm
23
HSBC ends its 3.35% across-the-board mortgage rate offer, raising rates by between +19 bps and +54 bps, but still with offers that are generally competitive with the main banks
US data mixed; US trade lower; China sees progress in trade talks; large China SOE default imminent; alarm at China's coal plans; Aussie confidence falls; UST 10yr yield at 1.74%; oil and gold up; NZ$1 = 64.2 USc; TWI-5 = 69.6
27th Nov 19, 7:20am
36
US data mixed; US trade lower; China sees progress in trade talks; large China SOE default imminent; alarm at China's coal plans; Aussie confidence falls; UST 10yr yield at 1.74%; oil and gold up; NZ$1 = 64.2 USc; TWI-5 = 69.6
A review of things you need to know before you go home on Tuesday; some rate changes, retail stronger, affordability worsens, investor borrowing surges back, swaps little-changed, NZD firm, & more
26th Nov 19, 3:59pm
11
A review of things you need to know before you go home on Tuesday; some rate changes, retail stronger, affordability worsens, investor borrowing surges back, swaps little-changed, NZD firm, & more
TSB will again match any home loan rate advertised and offered by an Australian-owned major bank. This offer ensures TSB clients can win lower rates for five of the eight rate options
26th Nov 19, 10:14am
5
TSB will again match any home loan rate advertised and offered by an Australian-owned major bank. This offer ensures TSB clients can win lower rates for five of the eight rate options
US data uninspiring; Canada gets uptick; world trade stabilises; Beijing unrepentant over Hong Kong; China tightens IP rules, delays ag US imports; UST 10yr yield at 1.76%; oil and gold down; NZ$1 = 64 USc; TWI-5 = 69.4
26th Nov 19, 7:21am
52
US data uninspiring; Canada gets uptick; world trade stabilises; Beijing unrepentant over Hong Kong; China tightens IP rules, delays ag US imports; UST 10yr yield at 1.76%; oil and gold down; NZ$1 = 64 USc; TWI-5 = 69.4
A review of things you need to know before you go home on Monday; no rate changes, shrinking bank margins, China buys Aussie dairy assets, Beijing routed in Hong Kong, swaps unchanged, NZD firm, & more
25th Nov 19, 3:59pm
24
A review of things you need to know before you go home on Monday; no rate changes, shrinking bank margins, China buys Aussie dairy assets, Beijing routed in Hong Kong, swaps unchanged, NZD firm, & more
Fed pumps in huge liquidity; China attacks Canada and Australia; Hong Kong votes, world PMIs weak; Bridgewater shorts equities; UST 10yr yield at 1.77%; oil unchanged and gold down; NZ$1 = 64.1 USc; TWI-5 = 69.4
25th Nov 19, 7:15am
57
Fed pumps in huge liquidity; China attacks Canada and Australia; Hong Kong votes, world PMIs weak; Bridgewater shorts equities; UST 10yr yield at 1.77%; oil unchanged and gold down; NZ$1 = 64.1 USc; TWI-5 = 69.4
David Chaston wonders if we are at a turning point where the recent long term improvement in our loans-to-deposit ratio starts to reverse, and we move to higher dependence on foreign borrowing to fund the household debt appetite
23rd Nov 19, 9:09am
7
David Chaston wonders if we are at a turning point where the recent long term improvement in our loans-to-deposit ratio starts to reverse, and we move to higher dependence on foreign borrowing to fund the household debt appetite
Global PMI's near stagnation; Bridgewater shorts equity market; China revises economy size up; bitcoin drops sharply; UST 10yr 1.77%; oil and gold down; NZ$1 = 64.1 USc; TWI-5 = 68.4
23rd Nov 19, 8:27am
40
Global PMI's near stagnation; Bridgewater shorts equity market; China revises economy size up; bitcoin drops sharply; UST 10yr 1.77%; oil and gold down; NZ$1 = 64.1 USc; TWI-5 = 68.4
A review of things you need to know before you go home on Friday; TSB cuts a 6mth rate, Co-op Bank finds it tough going, Synlait wants less bank debt, KiwiSaver returns average, swaps firm, NZD stable, & more
22nd Nov 19, 3:59pm
8
A review of things you need to know before you go home on Friday; TSB cuts a 6mth rate, Co-op Bank finds it tough going, Synlait wants less bank debt, KiwiSaver returns average, swaps firm, NZD stable, & more
US data lackluster; China makes half-hearted effort to engage US; OCED sees growth slipping; Westpac's crime of failing to learn; UST 10yr yield at 1.78%; oil up and gold unchanged; NZ$1 = 64.1 USc; TWI-5 = 69.4
22nd Nov 19, 7:24am
44
US data lackluster; China makes half-hearted effort to engage US; OCED sees growth slipping; Westpac's crime of failing to learn; UST 10yr yield at 1.78%; oil up and gold unchanged; NZ$1 = 64.1 USc; TWI-5 = 69.4