David Chaston

New lower term deposit rates from ASB push its offers to among the lowest in the market and an ominous sign for savers because other banks may follow

New lower term deposit rates from ASB push its offers to among the lowest in the market and an ominous sign for savers because other banks may follow

Another major bank falls into line with a 3.39% one year home loan rate while also raising its two year fixed rate by +10 bps

Another major bank falls into line with a 3.39% one year home loan rate while also raising its two year fixed rate by +10 bps

Eyes on US Fed, China trims benchmark rates again; Japan posts tiny trade surplus; Asia food system needs huge investment; US ag surplus vanishes; UST 10yr yield at 1.74%; oil down and gold unchanged; NZ$1 = 64.1 USc; TWI-5 = 69.4

Eyes on US Fed, China trims benchmark rates again; Japan posts tiny trade surplus; Asia food system needs huge investment; US ag surplus vanishes; UST 10yr yield at 1.74%; oil down and gold unchanged; NZ$1 = 64.1 USc; TWI-5 = 69.4

A review of things you need to know before you go home on Wednesday: more rate cuts, rising dairy prices, Westpac holds reputation hand grenade, lower farm sales, higher house price expectations, swaps lower, NZD firm, & more

A review of things you need to know before you go home on Wednesday: more rate cuts, rising dairy prices, Westpac holds reputation hand grenade, lower farm sales, higher house price expectations, swaps lower, NZD firm, & more

Dairy prices rise; US housing starts up; Canada rail on strike; China steel output falls; RBA was close to cutting; OECD growth dims; UST 10yr yield at 1.78%; oil down and gold unchanged; NZ$1 = 64.3 USc; TWI-5 = 69.4

Dairy prices rise; US housing starts up; Canada rail on strike; China steel output falls; RBA was close to cutting; OECD growth dims; UST 10yr yield at 1.78%; oil down and gold unchanged; NZ$1 = 64.3 USc; TWI-5 = 69.4

A review of things you need to know before you go home on Tuesday; ANZ cuts mortgage rate, producer cost squeeze, Govt wants more blocking powers, BNZ stumbles, swaps slip, NZD dips, & more

A review of things you need to know before you go home on Tuesday; ANZ cuts mortgage rate, producer cost squeeze, Govt wants more blocking powers, BNZ stumbles, swaps slip, NZD dips, & more

New Zealand's largest home loan bank has chosen to match the hot one year rate offer from the smallest of their major home loan rivals as wholesale rates stay low

New Zealand's largest home loan bank has chosen to match the hot one year rate offer from the smallest of their major home loan rivals as wholesale rates stay low

Trump and Powell make up; China resists trade deal; foreign investment in China rises; PBoC trims key rates, wary of inflation; WTO sees trade sag; UST 10yr yield at 1.81%; oil down and gold up; NZ$1 = 64.1 USc; TWI-5 = 69.2

Trump and Powell make up; China resists trade deal; foreign investment in China rises; PBoC trims key rates, wary of inflation; WTO sees trade sag; UST 10yr yield at 1.81%; oil down and gold up; NZ$1 = 64.1 USc; TWI-5 = 69.2

A review of things you need to know before you go home on Monday; no rate changes, service sector up, log demand firm, out-and-in, positive adjustment coming, swaps and NZD hold, & more

A review of things you need to know before you go home on Monday; no rate changes, service sector up, log demand firm, out-and-in, positive adjustment coming, swaps and NZD hold, & more

Giant Saudi IPO launched; trade war phase one deal limps ahead; US GDP growth evaporates; China house price growth reverses, China bans Aussie pollies; UST 10yr yield at 1.84%; oil and gold up; NZ$1 = 64 USc; TWI-5 = 69.2

Giant Saudi IPO launched; trade war phase one deal limps ahead; US GDP growth evaporates; China house price growth reverses, China bans Aussie pollies; UST 10yr yield at 1.84%; oil and gold up; NZ$1 = 64 USc; TWI-5 = 69.2

Global debt jumps; US retail better, factory output worse; Hong Kong in deep recession; surprise rise in Japan's factories; NZ claims damages over Brexit at WTO; UST 10yr 1.83%; oil up and gold down; NZ$1 = 64 USc; TWI-5 = 68.3

Global debt jumps; US retail better, factory output worse; Hong Kong in deep recession; surprise rise in Japan's factories; NZ claims damages over Brexit at WTO; UST 10yr 1.83%; oil up and gold down; NZ$1 = 64 USc; TWI-5 = 68.3

A review of things you need to know before you go home on Friday; Kiwibank makes rate changes, PMI outlook improves, Black moves to the CTU, swaps hold, NZD dips, & more

A review of things you need to know before you go home on Friday; Kiwibank makes rate changes, PMI outlook improves, Black moves to the CTU, swaps hold, NZD dips, & more

Kiwibank makes a serious cut to its one year fixed home loan rate, besting all its major rivals. It also raises its one year TD rate, the first such rise for a term deposit rate in 2019, as wholesale rates turn up

Kiwibank makes a serious cut to its one year fixed home loan rate, besting all its major rivals. It also raises its one year TD rate, the first such rise for a term deposit rate in 2019, as wholesale rates turn up

Powell sees few risks; US PPI up; US budget deficit hits -US$1 tln; China growth slows; Germany avoids recession; Australia loses jobs; UST 10yr yield at 1.81%; oil soft and gold up; NZ$1 = 63.7 USc; TWI-5 = 69

Powell sees few risks; US PPI up; US budget deficit hits -US$1 tln; China growth slows; Germany avoids recession; Australia loses jobs; UST 10yr yield at 1.81%; oil soft and gold up; NZ$1 = 63.7 USc; TWI-5 = 69

A review of things you need to know before you go home on Thursday; no rate changes, house sale volumes rise, population up, inflation up, Govt debt cost up, swap rates retrace, NZD buffeted, & more

A review of things you need to know before you go home on Thursday; no rate changes, house sale volumes rise, population up, inflation up, Govt debt cost up, swap rates retrace, NZD buffeted, & more

Trade war optimism fades, US household debt falls, Fed happy with policy; CPI inflation low; China boosts infrastructure spending; Aussie wage growth weak; UST 10yr yield at 1.89%; oil and gold up; NZ$1 = 64 USc; TWI-5 = 69.3

Trade war optimism fades, US household debt falls, Fed happy with policy; CPI inflation low; China boosts infrastructure spending; Aussie wage growth weak; UST 10yr yield at 1.89%; oil and gold up; NZ$1 = 64 USc; TWI-5 = 69.3

A review of things you need to know before you go home on today; no rate changes, RBNZ delivers another surprise, food prices up, rents rises vary, DTIs higher, swaps leap, NZD boosts, & more

A review of things you need to know before you go home on today; no rate changes, RBNZ delivers another surprise, food prices up, rents rises vary, DTIs higher, swaps leap, NZD boosts, & more

China leverage rises; Hong Kong in critical state; Japan machine orders stay low; Aussie confidence flat; Aussie households deleverage; eyes on RBNZ; UST 10yr yield at 1.92%; oil flat and gold down; NZ$1 = 63.3 USc; TWI-5 = 68.5

China leverage rises; Hong Kong in critical state; Japan machine orders stay low; Aussie confidence flat; Aussie households deleverage; eyes on RBNZ; UST 10yr yield at 1.92%; oil flat and gold down; NZ$1 = 63.3 USc; TWI-5 = 68.5

A review of things you need to know before you go home on Tuesday; no rate changes, trucks signal slow growth, migration high, inbound tourism growth slows, RBNZ survey negative, swaps hold, NZD firm, & more

A review of things you need to know before you go home on Tuesday; no rate changes, trucks signal slow growth, migration high, inbound tourism growth slows, RBNZ survey negative, swaps hold, NZD firm, & more

Wall Street slips on trade uncertainty. Shanghai falls sharply on bad Chinese data; Australia struggles with climate-change bushfires; UST 10yr yield at 1.95%; oil and gold down; NZ$1 = 63.6 USc; TWI-5 = 68.8

Wall Street slips on trade uncertainty. Shanghai falls sharply on bad Chinese data; Australia struggles with climate-change bushfires; UST 10yr yield at 1.95%; oil and gold down; NZ$1 = 63.6 USc; TWI-5 = 68.8

A review of things you need to know before you go home on Monday; rate changes, retail card spending sags, eyes on the RBNZ who eye others, bond turnover almost touches $1 tln, swaps firm, NZD holds, & more

A review of things you need to know before you go home on Monday; rate changes, retail card spending sags, eyes on the RBNZ who eye others, bond turnover almost touches $1 tln, swaps firm, NZD holds, & more

US consumers waiver; Washington muddled on trade talks; China trade surplus grows; China's CPI jumps, PPI slumps; global airfreight volumes declining; UST 10yr yield at 1.95%; oil holds but gold down; NZ$1 = 63.3 USc; TWI-5 = 68.5

US consumers waiver; Washington muddled on trade talks; China trade surplus grows; China's CPI jumps, PPI slumps; global airfreight volumes declining; UST 10yr yield at 1.95%; oil holds but gold down; NZ$1 = 63.3 USc; TWI-5 = 68.5

US wholesale data weak; US give muddled signals on China trade; China trade better than expected; Canada data weakens, RBA downgrades growth; UST 10yr 1.93%; oil unchanged and gold down; NZ$1 = 63.2 USc; TWI-5 = 68.5

US wholesale data weak; US give muddled signals on China trade; China trade better than expected; Canada data weakens, RBA downgrades growth; UST 10yr 1.93%; oil unchanged and gold down; NZ$1 = 63.2 USc; TWI-5 = 68.5

While mortgage bankers assess the wholesale money moves and await RBNZ rate and policy signals, at least one more bank is rolling out a cash incentive to get borrowers to switch

While mortgage bankers assess the wholesale money moves and await RBNZ rate and policy signals, at least one more bank is rolling out a cash incentive to get borrowers to switch

A review of things you need to know before you go home on Friday; no rate changes, less concrete poured, IRD likes changed behaviour, banks win most of KiwiSaver growth, swaps jump again, NZD firms, & more

A review of things you need to know before you go home on Friday; no rate changes, less concrete poured, IRD likes changed behaviour, banks win most of KiwiSaver growth, swaps jump again, NZD firms, & more