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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 Friday: Kiwibank raises rates, wholesale trade droops, service costs rise fast, Synlait raises $180 mln, NSW burning, swaps up, NZD holds high, & more
6th Dec 19, 3:59pm
27
A review of things you need to know before you go home on Friday: Kiwibank raises rates, wholesale trade droops, service costs rise fast, Synlait raises $180 mln, NSW burning, swaps up, NZD holds high, & more
Kiwibank raises two fixed rates, one of them by ending a low-rate 'special'. It is a move that has a knock-on impact. We review why rates seem to be turning higher at this time
6th Dec 19, 2:35pm
30
Kiwibank raises two fixed rates, one of them by ending a low-rate 'special'. It is a move that has a knock-on impact. We review why rates seem to be turning higher at this time
Air travel grows; US durable goods orders lower; China insists on tariff rollbacks; Aussie retail flat; OECD says NZ taxes rising faster; UST 10yr yield at 1.79%; oil unchanged and gold down; NZ$1 = 65.5 USc; TWI-5 = 70.6
6th Dec 19, 7:19am
67
Air travel grows; US durable goods orders lower; China insists on tariff rollbacks; Aussie retail flat; OECD says NZ taxes rising faster; UST 10yr yield at 1.79%; oil unchanged and gold down; NZ$1 = 65.5 USc; TWI-5 = 70.6
A review of things you need to know before you go home on Thursday; no rate changes, a capital concession, Fonterra raises payout, completed construction variable, swap rates up, NZD firm, & more
5th Dec 19, 3:59pm
16
A review of things you need to know before you go home on Thursday; no rate changes, a capital concession, Fonterra raises payout, completed construction variable, swap rates up, NZD firm, & more
Fonterra narrows milk price forecast to $7-$7.60; says new year has started well, but warns of 'several one-off adjustments' that will affect the full year results
5th Dec 19, 9:48am
4
Fonterra narrows milk price forecast to $7-$7.60; says new year has started well, but warns of 'several one-off adjustments' that will affect the full year results
Air cargo shrinks; US payroll growth low; Canada holds rate; more China debt defaults; US balks at BEPS deal; Aussie GDP growth uneven; UST 10yr yield at 1.78%; oil up and gold down; NZ$1 = 65.3 USc; TWI-5 = 70.5
5th Dec 19, 7:21am
43
Air cargo shrinks; US payroll growth low; Canada holds rate; more China debt defaults; US balks at BEPS deal; Aussie GDP growth uneven; UST 10yr yield at 1.78%; oil up and gold down; NZ$1 = 65.3 USc; TWI-5 = 70.5
A review of things you need to know before you go home on Wednesday; rate cuts, stronger commodity prices, house prices up, dairy prices hold, equities slide, swap rates drop, NZD firm & more
4th Dec 19, 3:59pm
36
A review of things you need to know before you go home on Wednesday; rate cuts, stronger commodity prices, house prices up, dairy prices hold, equities slide, swap rates drop, NZD firm & more
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