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
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
13th Nov 19, 7:23am
30
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
12th Nov 19, 3:59pm
6
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
12th Nov 19, 7:22am
46
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
11th Nov 19, 3:59pm
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
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
11th Nov 19, 7:21am
17
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
9th Nov 19, 8:55am
34
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
8th Nov 19, 4:37pm
2
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
8th Nov 19, 3:59pm
3
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
US productivity unexpectedly falls; China announces trade deal with the US; Japan and EU economies stall; Australia posts huge trade surplus; UST 10yr yield at 1.94%; oil firm but gold drops again; NZ$1 = 63.5 USc; TWI-5 = 68.6
8th Nov 19, 7:16am
21
US productivity unexpectedly falls; China announces trade deal with the US; Japan and EU economies stall; Australia posts huge trade surplus; UST 10yr yield at 1.94%; oil firm but gold drops again; NZ$1 = 63.5 USc; TWI-5 = 68.6
A review of things you need to know before you go home on Wednesday; some TD cuts, property value rises modest, labour's inflationary teeth, used import flow slows, Fonterra recovers, swaps little-changed, NZD soft, & more
6th Nov 19, 3:59pm
4
A review of things you need to know before you go home on Wednesday; some TD cuts, property value rises modest, labour's inflationary teeth, used import flow slows, Fonterra recovers, swaps little-changed, NZD soft, & more
Dairy prices up strongly; US trade deficit stays very high; Americans look for way out of trade war; China trims benchmark rate; Aussie expansion slows; UST 10yr yield at 1.86%; oil firm but gold drops; NZ$1 = 63.8 USc; TWI-5 = 68.8
6th Nov 19, 7:43am
24
Dairy prices up strongly; US trade deficit stays very high; Americans look for way out of trade war; China trims benchmark rate; Aussie expansion slows; UST 10yr yield at 1.86%; oil firm but gold drops; NZ$1 = 63.8 USc; TWI-5 = 68.8
A review of things you need to know before you go home on Tuesday; Westpac cuts TD rates, commodity prices rise, car sales weak, online sales strong locally, insurers warned, swaps steepen again, NZD holds, & more
5th Nov 19, 3:59pm
21
A review of things you need to know before you go home on Tuesday; Westpac cuts TD rates, commodity prices rise, car sales weak, online sales strong locally, insurers warned, swaps steepen again, NZD holds, & more
In the gritty detail of drawdowns, interest costs, and repayments David Chaston finds clear evidence that low interest rates aren't used to save borrowers money, they are used to bid up prices and debt levels
30th Oct 19, 9:44am
33
In the gritty detail of drawdowns, interest costs, and repayments David Chaston finds clear evidence that low interest rates aren't used to save borrowers money, they are used to bid up prices and debt levels
A review of things you need to know before you go home on Monday; minor rate changes, rents up, IRD on warpath, log prices up, credit conditions tighten, swap rates leap, NZD holds, & more;
29th Oct 19, 3:59pm
2
A review of things you need to know before you go home on Monday; minor rate changes, rents up, IRD on warpath, log prices up, credit conditions tighten, swap rates leap, NZD holds, & more;
US trade deficit stays high; US inventories rise as factory sector wanes; S&P500 hits record high; China debt issues; FDI slumps; EU extends Brexit; UST 10yr 1.85%; oil and gold down; NZ$1 = 63.4 USc; TWI-5 = 68.5
29th Oct 19, 7:21am
12
US trade deficit stays high; US inventories rise as factory sector wanes; S&P500 hits record high; China debt issues; FDI slumps; EU extends Brexit; UST 10yr 1.85%; oil and gold down; NZ$1 = 63.4 USc; TWI-5 = 68.5
American federal deficit leaps +26%; Aussies house markets spring into life; China profitability declines; bitcoin jumps; UST 10yr 1.80%; oil and gold up; NZ$1 = 63.5 USc; TWI-5 = 68.6
28th Oct 19, 7:47am
15
American federal deficit leaps +26%; Aussies house markets spring into life; China profitability declines; bitcoin jumps; UST 10yr 1.80%; oil and gold up; NZ$1 = 63.5 USc; TWI-5 = 68.6
US sentiment holds but faces poor jobs report; car loan threats; trade talk optimism; China and India face hurdles, more central banks cut; equities hold high; UST 10yr 1.80%; oil and gold up; NZ$1 = 63.5 USc; TWI-5 = 68.7
26th Oct 19, 8:41am
29
US sentiment holds but faces poor jobs report; car loan threats; trade talk optimism; China and India face hurdles, more central banks cut; equities hold high; UST 10yr 1.80%; oil and gold up; NZ$1 = 63.5 USc; TWI-5 = 68.7
A review of things you need to know before you go home on Friday; no rate changes, fewer foreign buyers, Synlait goes retail, yuan shunned, Aussie directors gloomy, swaps lower, NZD soft, & more
25th Oct 19, 3:59pm
13
A review of things you need to know before you go home on Friday; no rate changes, fewer foreign buyers, Synlait goes retail, yuan shunned, Aussie directors gloomy, swaps lower, NZD soft, & more
Core US economic data weakens; Canada sees brighter housing markets; ECB confirms new QE as PMIS stall; China property under stress; AU bond offer fails; UST 10yr yield at 1.75%; oil and gold up; NZ$1 = 63.8 USc; TWI-5 = 68.9
25th Oct 19, 7:23am
28
Core US economic data weakens; Canada sees brighter housing markets; ECB confirms new QE as PMIS stall; China property under stress; AU bond offer fails; UST 10yr yield at 1.75%; oil and gold up; NZ$1 = 63.8 USc; TWI-5 = 68.9
The next move lower for home loan rates is a minor tweak, this time by Kiwibank, and the main features are that it just matches rate levels of its main rivals
24th Oct 19, 4:33pm
6
The next move lower for home loan rates is a minor tweak, this time by Kiwibank, and the main features are that it just matches rate levels of its main rivals
A review of things you need to know before you go home on Thursday; ASB cuts TD rates, farmers get reprieve but also obligations, NZGB yields up, mortgage interest payments flat, swaps slip, NZD firm, & more
24th Oct 19, 3:59pm
22
A review of things you need to know before you go home on Thursday; ASB cuts TD rates, farmers get reprieve but also obligations, NZGB yields up, mortgage interest payments flat, swaps slip, NZD firm, & more
Another major bank adds momentum to the drift lower for term deposit rates, comfortable to be sitting lower than some key rivals. Now most of the OCR cuts have hit savers
24th Oct 19, 9:46am
51
Another major bank adds momentum to the drift lower for term deposit rates, comfortable to be sitting lower than some key rivals. Now most of the OCR cuts have hit savers
Caterpillar in retreat; Canada wholesale trade drops; EU consumer confidence lower; China criminalises high interest rates; Aussie commercial property popular; UST 10yr yield at 1.75%; oil and gold up; NZ$1 = 64.2 USc; TWI-5 = 69.2
24th Oct 19, 7:22am
21
Caterpillar in retreat; Canada wholesale trade drops; EU consumer confidence lower; China criminalises high interest rates; Aussie commercial property popular; UST 10yr yield at 1.75%; oil and gold up; NZ$1 = 64.2 USc; TWI-5 = 69.2
A review of things you need to know before you go home on Wednesday; trade deficit stable, cars king, Rio Tinto tests Meridian again, NZX50 tumbles, swaps turn lower, NZD weaker, & more
23rd Oct 19, 3:59pm
27
A review of things you need to know before you go home on Wednesday; trade deficit stable, cars king, Rio Tinto tests Meridian again, NZX50 tumbles, swaps turn lower, NZD weaker, & more
US home sales slip; Canadian retail sales lower; tariff waivers get political; another key Brexit vote imminent; Aussie bank targets residential investors; UST 10yr yield at 1.79%; oil up and gold unchanged; NZ$1 = 64.1 USc; TWI-5 = 69
23rd Oct 19, 7:18am
37
US home sales slip; Canadian retail sales lower; tariff waivers get political; another key Brexit vote imminent; Aussie bank targets residential investors; UST 10yr yield at 1.79%; oil up and gold unchanged; NZ$1 = 64.1 USc; TWI-5 = 69