David Chaston

A review of things you need to know before you go home on Monday; more TD rate cuts, ACC levies to stay unchanged, commodity prices soft, Shanghai equities on a tear; swaps unchanged, NZX firm, & more

A review of things you need to know before you go home on Monday; more TD rate cuts, ACC levies to stay unchanged, commodity prices soft, Shanghai equities on a tear; swaps unchanged, NZX firm, & more

Most Asian economies contracting, except China; Australia and US face fiscal cliffs; Vancouver housing back to normal; eyes on Q2 corporate earnings; UST 10yr yield at 0.67%; oil and gold unchanged; NZ$1 = 65.3 USc; TWI-5 = 70.2

Most Asian economies contracting, except China; Australia and US face fiscal cliffs; Vancouver housing back to normal; eyes on Q2 corporate earnings; UST 10yr yield at 0.67%; oil and gold unchanged; NZ$1 = 65.3 USc; TWI-5 = 70.2

Household financial choices are suddenly driving some important shifts in how banks are funded. Businesses are also conserving cash and keeping it in short term accounts. Meanwhile, banks are finding it hard to lend it out

Household financial choices are suddenly driving some important shifts in how banks are funded. Businesses are also conserving cash and keeping it in short term accounts. Meanwhile, banks are finding it hard to lend it out

US economy shrinking but Wall Street is up; Singapore and Japan contracting; China growing but hit by floods; Aussie retail recovers; UST 10yr yield at 0.67%; oil and gold unchanged; NZ$1 = 65.3 USc; TWI-5 = 70.2

US economy shrinking but Wall Street is up; Singapore and Japan contracting; China growing but hit by floods; Aussie retail recovers; UST 10yr yield at 0.67%; oil and gold unchanged; NZ$1 = 65.3 USc; TWI-5 = 70.2

A review of things you need to know before you go home on Friday; agents see lower house prices, used imports preferred to new cars, swaps unchanged, NZD firmer, & more

A review of things you need to know before you go home on Friday; agents see lower house prices, used imports preferred to new cars, swaps unchanged, NZD firmer, & more

US non-farm payrolls less-worse than expected; US trade deficit at new record; China vehicle sales rise; Wall Street heads for good gains; UST 10yr yield at 0.67%; oil and gold up; NZ$1 = 64.7 USc; TWI-5 = 70

US non-farm payrolls less-worse than expected; US trade deficit at new record; China vehicle sales rise; Wall Street heads for good gains; UST 10yr yield at 0.67%; oil and gold up; NZ$1 = 64.7 USc; TWI-5 = 70

A review of things you need to know before you go home on Thursday; TSB cuts mortgage rates, Barfoots sales volumes solid, FMA frustrated, another huge Govt bond tender, swaps steepen and rise, NZD rises, & more

A review of things you need to know before you go home on Thursday; TSB cuts mortgage rates, Barfoots sales volumes solid, FMA frustrated, another huge Govt bond tender, swaps steepen and rise, NZD rises, & more

Jobs the weakness in factory rebound; US car sales weak; China expands while others contract; Aussie house prices slip; UST 10yr yield at 0.68%; oil firm but gold soft; NZ$1 = 64.7 USc; TWI-5 = 69.5

Jobs the weakness in factory rebound; US car sales weak; China expands while others contract; Aussie house prices slip; UST 10yr yield at 0.68%; oil firm but gold soft; NZ$1 = 64.7 USc; TWI-5 = 69.5

A review of things you need to know before you go home on Wednesday; many more retail rate cuts, housing now a buyers market, high residential building consents issued, swaps steepen, NZD firm, & more

A review of things you need to know before you go home on Wednesday; many more retail rate cuts, housing now a buyers market, high residential building consents issued, swaps steepen, NZD firm, & more

US economic data very weak; US housing stress rises; China factory PMIs expanding faster; Aussie housing risks rise; markets ignore risks; UST 10yr yield at 0.65%; oil soft and gold at eight year high; NZ$1 = 64.5 USc; TWI-5 = 69.4

US economic data very weak; US housing stress rises; China factory PMIs expanding faster; Aussie housing risks rise; markets ignore risks; UST 10yr yield at 0.65%; oil soft and gold at eight year high; NZ$1 = 64.5 USc; TWI-5 = 69.4

A review of things you need to know before you go home on Tuesday; job losses coming, farmer confidence low, consumer debt levels fall, TD balances rise, swaps stable, NZD stable, & more

A review of things you need to know before you go home on Tuesday; job losses coming, farmer confidence low, consumer debt levels fall, TD balances rise, swaps stable, NZD stable, & more

Bouncebacks for US house sales, Canadian building permits, Japan retail sales fail to inspire; China exerts social control through banking; UST 10yr yield at 0.64%; oil firm and gold soft; NZ$1 = 64.1 USc; TWI-5 = 69.1

Bouncebacks for US house sales, Canadian building permits, Japan retail sales fail to inspire; China exerts social control through banking; UST 10yr yield at 0.64%; oil firm and gold soft; NZ$1 = 64.1 USc; TWI-5 = 69.1

A review of things you need to know before you go home on Monday; more TD rate cuts, pay cuts hit hard, RBNZ drifts north faster, trans-Tasman bubble slips away; swaps lower & flatter, NZD holds firm, & more

A review of things you need to know before you go home on Monday; more TD rate cuts, pay cuts hit hard, RBNZ drifts north faster, trans-Tasman bubble slips away; swaps lower & flatter, NZD holds firm, & more

China data better than most but still somber; US Fed restricts big banks further; US households spending unsustainable; IMF warns; US COVID cases out of control; UST 10yr yield at 0.64%; oil soft and gold up; NZ$1 = 64.2 USc; TWI-5 = 69.2

China data better than most but still somber; US Fed restricts big banks further; US households spending unsustainable; IMF warns; US COVID cases out of control; UST 10yr yield at 0.64%; oil soft and gold up; NZ$1 = 64.2 USc; TWI-5 = 69.2

Fed imposes restraints on banks; US consumer sentiment weak; US spending and income tracks unsustainable; Wall Street sinks; China doused; RBA reveals fears; UST 10yr yield at 0.64%; oil down and gold up; NZ$1 = 64.3 USc; TWI-5 = 69.2

Fed imposes restraints on banks; US consumer sentiment weak; US spending and income tracks unsustainable; Wall Street sinks; China doused; RBA reveals fears; UST 10yr yield at 0.64%; oil down and gold up; NZ$1 = 64.3 USc; TWI-5 = 69.2

A review of things you need to know before you go home on Friday; Westpac cuts rates, banks undermine least-cost routing, consumer confidence weak, big money thrown at tourism industry, swaps unchanged, NZD firm, & more

A review of things you need to know before you go home on Friday; Westpac cuts rates, banks undermine least-cost routing, consumer confidence weak, big money thrown at tourism industry, swaps unchanged, NZD firm, & more

Updated US economic data all very weak; India to block Chinese trade; China refocuses internally; Wirecard collapses; Aussie household wealth drops sharply; UST 10yr yield at 0.68%; oil and gold unchanged; NZ$1 = 64.3 USc; TWI-5 = 69.2

Updated US economic data all very weak; India to block Chinese trade; China refocuses internally; Wirecard collapses; Aussie household wealth drops sharply; UST 10yr yield at 0.68%; oil and gold unchanged; NZ$1 = 64.3 USc; TWI-5 = 69.2

A review of things you need to know before you go home on Thursday; many TD rate cuts, better affordability, smaller trade deficit, investor confidence up, rising yields, swaps flatten, NZ lower, & more

A review of things you need to know before you go home on Thursday; many TD rate cuts, better affordability, smaller trade deficit, investor confidence up, rising yields, swaps flatten, NZ lower, & more

IMF issues grim 2020 forecasts; Wall Street retreats; China the only growing economy but has its own problems; UST 10yr yield at 0.68%; oil down and gold unchanged; NZ$1 = 64.1 USc; TWI-5 = 69.1

IMF issues grim 2020 forecasts; Wall Street retreats; China the only growing economy but has its own problems; UST 10yr yield at 0.68%; oil down and gold unchanged; NZ$1 = 64.1 USc; TWI-5 = 69.1

A review of things you need to know before you go home on Wednesday; RBNZ open to more stimulus, Twyford's light rail plan axed, CFR tells banks to be looser with lending standards, swaps steepen, NZD dips, & more

A review of things you need to know before you go home on Wednesday; RBNZ open to more stimulus, Twyford's light rail plan axed, CFR tells banks to be looser with lending standards, swaps steepen, NZD dips, & more

US retail sales slip again; factory and service sectors recover from deep May slump; WTO sees bounceback; China reports some bank runs; UST 10yr yield at 0.71%; oil and gold up; NZ$1 = 65 USc; TWI-5 = 69.6

US retail sales slip again; factory and service sectors recover from deep May slump; WTO sees bounceback; China reports some bank runs; UST 10yr yield at 0.71%; oil and gold up; NZ$1 = 65 USc; TWI-5 = 69.6

A review of things you need to know before you go home on Tuesday; more retail interest rate cuts, employment confidence sinks, house price drop coming, swaps stable, NZD firm, & more

A review of things you need to know before you go home on Tuesday; more retail interest rate cuts, employment confidence sinks, house price drop coming, swaps stable, NZD firm, & more

More banks are still making small home loan rate cuts but none are market-leading as rate offers coalesce around a very tight range

More banks are still making small home loan rate cuts but none are market-leading as rate offers coalesce around a very tight range

American recovery 'wildly uncertain'; US housing delinquencies rise sharply; Wall Street only sees roses; China doubles down on stimulus; UST 10yr yield at 0.71%; oil and gold up; NZ$1 = 64.9 USc; TWI-5 = 69.7

American recovery 'wildly uncertain'; US housing delinquencies rise sharply; Wall Street only sees roses; China doubles down on stimulus; UST 10yr yield at 0.71%; oil and gold up; NZ$1 = 64.9 USc; TWI-5 = 69.7

A review of things you need to know before you go home on Monday; broad TD cuts, credit card turmoil, record new Auckland houses completed, swaps flatter, NZD unchanged, & more

A review of things you need to know before you go home on Monday; broad TD cuts, credit card turmoil, record new Auckland houses completed, swaps flatter, NZD unchanged, & more