David Chaston

Vaccine news bolsters markets; China's bond woes spread; China retail sales underwhelm; China's industrial production strong; UST 10y at 0.91%; oil and gold up; NZ$1 = 69 USc; TWI-5 = 71.8

Vaccine news bolsters markets; China's bond woes spread; China retail sales underwhelm; China's industrial production strong; UST 10y at 0.91%; oil and gold up; NZ$1 = 69 USc; TWI-5 = 71.8

A review of things you need to know before you go home on Monday; no retail rate changes, more house building, weak service sector, low bankruptcy levels, high life satisfaction, NZD firm, & more

A review of things you need to know before you go home on Monday; no retail rate changes, more house building, weak service sector, low bankruptcy levels, high life satisfaction, NZD firm, & more

David Chaston says one thing 'missing' from this COVID recession is severe debt stress, as social and business support programmes keep bankruptcies unusually low despite the rise in unemployment

David Chaston says one thing 'missing' from this COVID recession is severe debt stress, as social and business support programmes keep bankruptcies unusually low despite the rise in unemployment

The RCEP is signed; China's bond market tested; China at odds with Australia; BNPL in regulator sights; US sentiment falls; US deficit doubles; UST 10y at 0.90%; oil down and gold unchanged; NZ$1 = 68.5 USc; TWI-5 = 71.4

The RCEP is signed; China's bond market tested; China at odds with Australia; BNPL in regulator sights; US sentiment falls; US deficit doubles; UST 10y at 0.90%; oil down and gold unchanged; NZ$1 = 68.5 USc; TWI-5 = 71.4

RCEP about to be signed; US sentiment falls; US budget deficit soars; China struggles with a bond default; China launches 6G; China raps Australia again; UST 10y at 0.89%; oil down and gold up; NZ$1 = 68.4 USc; TWI-5 = 71.3

RCEP about to be signed; US sentiment falls; US budget deficit soars; China struggles with a bond default; China launches 6G; China raps Australia again; UST 10y at 0.89%; oil down and gold up; NZ$1 = 68.4 USc; TWI-5 = 71.3

A review of things you need to know before you go home on Friday; ASB trims mortgage rates, PMIs drag, job ads up, food prices higher than CPI, rents too, high DTI lending tiny, swaps stay up, NZD down, & more

A review of things you need to know before you go home on Friday; ASB trims mortgage rates, PMIs drag, job ads up, food prices higher than CPI, rents too, high DTI lending tiny, swaps stay up, NZD down, & more

In the past week, and despite strong RBNZ signals it wants interest rates to stay very low, local wholesale markets have pushed through a rising rate curve anyway. Borrowers should stay alert

In the past week, and despite strong RBNZ signals it wants interest rates to stay very low, local wholesale markets have pushed through a rising rate curve anyway. Borrowers should stay alert

US jobless claims fall, -1.1 mln fall off support; US CPI falls; Canadians brace for higher mortgage rates; ASEAN plans travel corridor; UST 10y at 0.90%; oil stable and gold up; NZ$1 = 68.8 USc; TWI-5 = 71.8

US jobless claims fall, -1.1 mln fall off support; US CPI falls; Canadians brace for higher mortgage rates; ASEAN plans travel corridor; UST 10y at 0.90%; oil stable and gold up; NZ$1 = 68.8 USc; TWI-5 = 71.8

Banks are moving quickly to reinstate LVR restrictions now that they have the RBNZ's signal. The first to announce them is heavyweight ASB, which is moving 'immediately'

Banks are moving quickly to reinstate LVR restrictions now that they have the RBNZ's signal. The first to announce them is heavyweight ASB, which is moving 'immediately'

A review of things you need to know before you go home on Thursday; record high house prices, good rental yields, rising bond yields, banker pay 'reform', swap rates up, NZD up, & more

A review of things you need to know before you go home on Thursday; record high house prices, good rental yields, rising bond yields, banker pay 'reform', swap rates up, NZD up, & more

US mortgage rates fall; China loan growth slips; Japan machine tool orders recover; EU gets looser; Aussie sentiment roars back; UST 10y at 0.96%; oil up and gold down; NZ$1 = 68.7 USc; TWI-5 = 71.8

US mortgage rates fall; China loan growth slips; Japan machine tool orders recover; EU gets looser; Aussie sentiment roars back; UST 10y at 0.96%; oil up and gold down; NZ$1 = 68.7 USc; TWI-5 = 71.8

A review of things you need to know before you go home on Wednesday; concrete production rebounds, LVRs about to be reimposed, the MPS signals a $28 bln FLP, swap rates rise, NZD rises sharply, & more

A review of things you need to know before you go home on Wednesday; concrete production rebounds, LVRs about to be reimposed, the MPS signals a $28 bln FLP, swap rates rise, NZD rises sharply, & more

US retail sales slip; Singles Day swamps China; China CPI dips unexpectedly; German business sentiment drops; Aussie business sentiment rises; UST 10y at 0.96%; oil and gold rise; NZ$1 = 68.2 USc; TWI-5 = 71.3

US retail sales slip; Singles Day swamps China; China CPI dips unexpectedly; German business sentiment drops; Aussie business sentiment rises; UST 10y at 0.96%; oil and gold rise; NZ$1 = 68.2 USc; TWI-5 = 71.3

David Chaston explains how our long run improvements in employment under various Governments, has provided the resilience to weather the current pandemic stresses better than many other important economies

David Chaston explains how our long run improvements in employment under various Governments, has provided the resilience to weather the current pandemic stresses better than many other important economies

A review of things you need to know before you go home on Tuesday; more interest-free lending, retail strong for food & drink, budget deficit halves, ANZ exec pay revealed; bond rates jump again, NZD firms again, & more

A review of things you need to know before you go home on Tuesday; more interest-free lending, retail strong for food & drink, budget deficit halves, ANZ exec pay revealed; bond rates jump again, NZD firms again, & more

Biden bounce pushed higher by vaccine success; China new car sales shine; Taiwan posts big trade surplus; UK weights move on PE tax breaks; UST 10y at 0.96%; oil rises and gold sinks; NZ$1 = 68.1 USc; TWI-5 = 71.1

Biden bounce pushed higher by vaccine success; China new car sales shine; Taiwan posts big trade surplus; UK weights move on PE tax breaks; UST 10y at 0.96%; oil rises and gold sinks; NZ$1 = 68.1 USc; TWI-5 = 71.1

A review of things you need to know before you go home on Monday; a very low floating rate, affordable car insurance?, returning flock, higher milk price, swaps rise, NZD higher, & more

A review of things you need to know before you go home on Monday; a very low floating rate, affordable car insurance?, returning flock, higher milk price, swaps rise, NZD higher, & more

The bank with the lowest floating home loan rate has cut it aggressively again, setting it about 200 basis points lower than most rivals - provided you apply online (and without a broker)

The bank with the lowest floating home loan rate has cut it aggressively again, setting it about 200 basis points lower than most rivals - provided you apply online (and without a broker)

China exports rise, trade surplus with the US expands; RCEP in focus; China sets up more strikes at Aussie trade; US payrolls rise modestly; UST 10y at 0.82%; oil and gold lower; NZ$1 = 67.7 USc; TWI-5 = 70.4

China exports rise, trade surplus with the US expands; RCEP in focus; China sets up more strikes at Aussie trade; US payrolls rise modestly; UST 10y at 0.82%; oil and gold lower; NZ$1 = 67.7 USc; TWI-5 = 70.4

US election results clearer but no 'win' yet; US payrolls stay very weak; Canada payrolls ditto; RCEP summit near; China goes hard at Australia; UST 10y at 0.82%; oil down and gold up; NZ$1 = 67.8 USc; TWI-5 = 70.5

US election results clearer but no 'win' yet; US payrolls stay very weak; Canada payrolls ditto; RCEP summit near; China goes hard at Australia; UST 10y at 0.82%; oil down and gold up; NZ$1 = 67.8 USc; TWI-5 = 70.5

A review of things you need to know before you go home on Friday; a big mortgage rate cut, many TD cuts, realtor commissions jump, expected inflation rises, swaps stay very low, NZD rising, & more

A review of things you need to know before you go home on Friday; a big mortgage rate cut, many TD cuts, realtor commissions jump, expected inflation rises, swaps stay very low, NZD rising, & more

HSBC pushed fixed home loan rate offers lower yet again, with some market-leading low levels for their Premier product. They have cut TD rates as well. Meanwhile other banks are offering cashbacks more liberally

HSBC pushed fixed home loan rate offers lower yet again, with some market-leading low levels for their Premier product. They have cut TD rates as well. Meanwhile other banks are offering cashbacks more liberally

No US election result; more US jobless claims; China touts its import demand - and economic gains; Singapore retail shrinks; Australia's trade all about China; UST 10y at 0.79%; oil down and gold jumps; NZ$1 = 67.6 USc; TWI-5 = 70.5

No US election result; more US jobless claims; China touts its import demand - and economic gains; Singapore retail shrinks; Australia's trade all about China; UST 10y at 0.79%; oil down and gold jumps; NZ$1 = 67.6 USc; TWI-5 = 70.5

A review of things you need to know before you go home on Thursday; TSB cuts mortgage rates, business confidence still subdued, more public funding for businesses, more ComCom complaints, swaps stay very low, NZD firms, & more

A review of things you need to know before you go home on Thursday; TSB cuts mortgage rates, business confidence still subdued, more public funding for businesses, more ComCom complaints, swaps stay very low, NZD firms, & more

No US election result yet; jobs gains peter out; US trade deficit worse; air cargo volumes rise modestly; China services PMI expands; Aussie retail strong; UST 10y at 0.78%; oil up and gold down; NZ$1 = 66.9 USc; TWI-5 = 70.1

No US election result yet; jobs gains peter out; US trade deficit worse; air cargo volumes rise modestly; China services PMI expands; Aussie retail strong; UST 10y at 0.78%; oil up and gold down; NZ$1 = 66.9 USc; TWI-5 = 70.1