David Chaston

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

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

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

US oil prices collapse; US economic activity sinks; Japanese exports dive; China cuts benchmark interest rates, adds huge new stimulus; Virgin airline toast; UST 10yr yield at 0.64%; gold up; NZ$1 = 60.7 USc; TWI-5 = 66.9

US oil prices collapse; US economic activity sinks; Japanese exports dive; China cuts benchmark interest rates, adds huge new stimulus; Virgin airline toast; UST 10yr yield at 0.64%; gold up; NZ$1 = 60.7 USc; TWI-5 = 66.9

A review of things you need to know before you go home on Monday; no rate changes, asset prices start to fall, NAB/BNZ takes a big hit, Australia faces massive job threats, swaps soft, NZD hold, & more

A review of things you need to know before you go home on Monday; no rate changes, asset prices start to fall, NAB/BNZ takes a big hit, Australia faces massive job threats, swaps soft, NZD hold, & more

America's childish pandemic response; Fed starts another huge bailout fund; China pandemic economic hit bigger than expected; Aussie house prices falling; UST 10yr yield at 0.64%; oil and gold lower; NZ$1 = 60.3 USc; TWI-5 = 66.4

America's childish pandemic response; Fed starts another huge bailout fund; China pandemic economic hit bigger than expected; Aussie house prices falling; UST 10yr yield at 0.64%; oil and gold lower; NZ$1 = 60.3 USc; TWI-5 = 66.4

America debates opening-up decisions; China Q1 GDP falls more than expected; commodity prices assume recovery near; Wall Street does too; UST 10yr yield at 0.64%; oil and gold lower; NZ$1 = 60.3 USc; TWI-5 = 66.5

America debates opening-up decisions; China Q1 GDP falls more than expected; commodity prices assume recovery near; Wall Street does too; UST 10yr yield at 0.64%; oil and gold lower; NZ$1 = 60.3 USc; TWI-5 = 66.5

A review of things you need to know before you go home on Friday; more TD rate cuts, fewer immigrants, ACC delays billing, Auckland Council under pressure, swaps fall, NZD rises, & more

A review of things you need to know before you go home on Friday; more TD rate cuts, fewer immigrants, ACC delays billing, Auckland Council under pressure, swaps fall, NZD rises, & more

US jobless levels spike higher again; some stimulus programs run out of funds, Japan makes helicopter drop; Germany starts work return; UST 10yr yield at 0.60%; oil and gold lower; NZ$1 = 59.5 USc; TWI-5 = 65.7

US jobless levels spike higher again; some stimulus programs run out of funds, Japan makes helicopter drop; Germany starts work return; UST 10yr yield at 0.60%; oil and gold lower; NZ$1 = 59.5 USc; TWI-5 = 65.7

A review of things you need to know before you go home on Thursday; more TD rate cuts, inflation impulse weak, job ads fall off cliff, bond demand strong, NZX50 rises, swaps lower, NZD lower, & more

A review of things you need to know before you go home on Thursday; more TD rate cuts, inflation impulse weak, job ads fall off cliff, bond demand strong, NZX50 rises, swaps lower, NZD lower, & more

American economic data increasingly dire, Canada embarks on major QE; China prepares for massive GDP fall; Aussie consumer confidence collapses, UST 10yr yield at 0.64%; oil and gold lower; NZ$1 = 60.9 USc; TWI-5 = 66

American economic data increasingly dire, Canada embarks on major QE; China prepares for massive GDP fall; Aussie consumer confidence collapses, UST 10yr yield at 0.64%; oil and gold lower; NZ$1 = 60.9 USc; TWI-5 = 66

A review of things you need to know before you go home on Wednesday; retail rate changes, boom before bust, regional rent rises, Auckland dry, ANZ non-compliance update, swaps flatter, NZD soft & more

A review of things you need to know before you go home on Wednesday; retail rate changes, boom before bust, regional rent rises, Auckland dry, ANZ non-compliance update, swaps flatter, NZD soft & more

America stumbles; China trade surprises; Aussie confidence plunges; IMF paints a grim picture for next few years, UST 10yr yield at 0.74%; oil dumped but gold jumps; NZ$1 = 60.9 USc; TWI-5 = 66.7

America stumbles; China trade surprises; Aussie confidence plunges; IMF paints a grim picture for next few years, UST 10yr yield at 0.74%; oil dumped but gold jumps; NZ$1 = 60.9 USc; TWI-5 = 66.7

A review of things you need to know before you go home on Tuesday; big new gas discovery, tough economic choices, new support for uni students, record high immigration, NZD rising, & more

A review of things you need to know before you go home on Tuesday; big new gas discovery, tough economic choices, new support for uni students, record high immigration, NZD rising, & more

Surge in Chinese bank lending; US unemployment leaps; Fed adds huge new bank stimulus; Korea suffers trade blowback, commercial property sags, UST 10yr yield at 0.75%; oil stays low but gold jumps; NZ$1 = 60.8 USc; TWI-5 = 67.1

Surge in Chinese bank lending; US unemployment leaps; Fed adds huge new bank stimulus; Korea suffers trade blowback, commercial property sags, UST 10yr yield at 0.75%; oil stays low but gold jumps; NZ$1 = 60.8 USc; TWI-5 = 67.1

China left as our one only hope to restart our export economy if we step back from Level 4 lockdowns; NSW cuts Land Tax, UST 10yr yield at 0.73%; oil lower and gold unchanged; NZ$1 = 60.8 USc; TWI-5 = 67

China left as our one only hope to restart our export economy if we step back from Level 4 lockdowns; NSW cuts Land Tax, UST 10yr yield at 0.73%; oil lower and gold unchanged; NZ$1 = 60.8 USc; TWI-5 = 67

Collapsing tax revenues and ballooning fiscal deficits will be much larger than we have ever seen. The one thing monetary authorities should do is print up to 30% of GDP and give it to the fiscal authorities, say two high profile economists

Collapsing tax revenues and ballooning fiscal deficits will be much larger than we have ever seen. The one thing monetary authorities should do is print up to 30% of GDP and give it to the fiscal authorities, say two high profile economists

American jobless claims surge again; US Fed adds US$2.3 tln of expanded help; Canada's jobless in huge spike; China's food prices up +13%; Aussies rush for cash; UST 10yr yield at 0.73%; oil lower and gold higher; NZ$1 = 60.8 USc; TWI-5 = 67

American jobless claims surge again; US Fed adds US$2.3 tln of expanded help; Canada's jobless in huge spike; China's food prices up +13%; Aussies rush for cash; UST 10yr yield at 0.73%; oil lower and gold higher; NZ$1 = 60.8 USc; TWI-5 = 67

A review of things you need to know before you go home on Thursday; only minor rate changes, major change for house insurance, jump in public assistance demand, resilient trade, some quaint history, swaps steepen, NZD firm, & more

A review of things you need to know before you go home on Thursday; only minor rate changes, major change for house insurance, jump in public assistance demand, resilient trade, some quaint history, swaps steepen, NZD firm, & more

American consumers lead policymakers with pull-back actions; contemplating the other side of the peak; China key to NZ's economic rebound; UST 10yr yield at 0.77%; oil and gold lower; NZ$1 = 60.2 USc; TWI-5 = 66.7

American consumers lead policymakers with pull-back actions; contemplating the other side of the peak; China key to NZ's economic rebound; UST 10yr yield at 0.77%; oil and gold lower; NZ$1 = 60.2 USc; TWI-5 = 66.7

A review of things you need to know before you go home on Wednesday; more rate cuts, business confidence ceases to exist, deals come unstuck, swaps steepen, NZD holds soft, & more

A review of things you need to know before you go home on Wednesday; more rate cuts, business confidence ceases to exist, deals come unstuck, swaps steepen, NZD holds soft, & more

Global jobs crushed; bank credit ratings fall; China reserves fall; Australia not trying to eliminate Covid-19; dairy prices rise; UST 10yr yield at 0.74%; oil and gold lower; NZ$1 = 59.9 USc; TWI-5 = 66.5

Global jobs crushed; bank credit ratings fall; China reserves fall; Australia not trying to eliminate Covid-19; dairy prices rise; UST 10yr yield at 0.74%; oil and gold lower; NZ$1 = 59.9 USc; TWI-5 = 66.5

A review of things you need to know before you go home on Tuesday; rate changes including a rise, a million on wage subsidies, AIAL successful, SKT fades, swaps steepen, NZD up, & more

A review of things you need to know before you go home on Tuesday; rate changes including a rise, a million on wage subsidies, AIAL successful, SKT fades, swaps steepen, NZD up, & more

Equity markets surge higher; US Fed to buy SME loans; race to issue new capital; some food prices up; Wuhan out of isolation after 75 days, UST 10yr yield at 0.68%; oil falls and gold rise; NZ$1 = 59.4 USc; TWI-5 = 66.3

Equity markets surge higher; US Fed to buy SME loans; race to issue new capital; some food prices up; Wuhan out of isolation after 75 days, UST 10yr yield at 0.68%; oil falls and gold rise; NZ$1 = 59.4 USc; TWI-5 = 66.3

A review of things you need to know before you go home on Monday; more TD rate cuts, more AMP warnings, lower used import car sales, RBNZ to buy council bonds, swaps and NZD stable, & more

A review of things you need to know before you go home on Monday; more TD rate cuts, more AMP warnings, lower used import car sales, RBNZ to buy council bonds, swaps and NZD stable, & more

Buy now pay later schemes could end in an unseemly crash as credit card capacity jumps to accommodate settlement obligations, and shoppers recoil as jobs are lost and these unregulated scheme plans can't be changed, David Chaston argues

Buy now pay later schemes could end in an unseemly crash as credit card capacity jumps to accommodate settlement obligations, and shoppers recoil as jobs are lost and these unregulated scheme plans can't be changed, David Chaston argues