David Chaston

US Fed recalibration reveals confusion; US budget deficits cause concern; US home sales flat, Canada inflation stays up; China investment pulls back, Aussie fears; UST 10yr yield at 1.58%; oil mixed and gold down; NZ$1 = 64.1 USc; TWI-5 = 69.4

US Fed recalibration reveals confusion; US budget deficits cause concern; US home sales flat, Canada inflation stays up; China investment pulls back, Aussie fears; UST 10yr yield at 1.58%; oil mixed and gold down; NZ$1 = 64.1 USc; TWI-5 = 69.4

A review of things you need to know before you go home on Wednesday; many rate cuts, farm sales quiet, lifestyle block sales good, BNPL stunts credit card growth, swaps slip, NZD soft, & more

A review of things you need to know before you go home on Wednesday; many rate cuts, farm sales quiet, lifestyle block sales good, BNPL stunts credit card growth, swaps slip, NZD soft, & more

WMP prices rise; Wall Street slips; Canada manufacturing falls; China fx outflow slows; Italy government collapses; EU says no to Irish border relief; Aussie confidence slips; UST 10yr yield at 1.56%; oil unchanged and gold up; NZ$1 = 64.2 USc; TWI = 69.5

WMP prices rise; Wall Street slips; Canada manufacturing falls; China fx outflow slows; Italy government collapses; EU says no to Irish border relief; Aussie confidence slips; UST 10yr yield at 1.56%; oil unchanged and gold up; NZ$1 = 64.2 USc; TWI = 69.5

The Co-operative Bank cuts most of their home loan rates with three of them now market-leading. They also made matching term deposit rate cuts

The Co-operative Bank cuts most of their home loan rates with three of them now market-leading. They also made matching term deposit rate cuts

A review of things you need to know before you go home on Tuesday; few rate changes, APRA stunts ANZ, RBA takes a break, Moody's sees tame outlook, swaps firm, NZD soft, & more

A review of things you need to know before you go home on Tuesday; few rate changes, APRA stunts ANZ, RBA takes a break, Moody's sees tame outlook, swaps firm, NZD soft, & more

David Chaston calls out the PM for a populist outburst that isn't backed up by the facts at the petrol pump. The largest cost component of fuel is tax now taking almost half the discounted price paid

David Chaston calls out the PM for a populist outburst that isn't backed up by the facts at the petrol pump. The largest cost component of fuel is tax now taking almost half the discounted price paid

Equity markets turn bullish; Economic fundamentals turn bearish; US discretionary spending wanes; China prepares new debt stimulus; Japan & Germany face recession; UST 10yr yield at 1.56%; oil up and gold down; NZ$1 = 64.1 USc; TWI-5 = 69.5

Equity markets turn bullish; Economic fundamentals turn bearish; US discretionary spending wanes; China prepares new debt stimulus; Japan & Germany face recession; UST 10yr yield at 1.56%; oil up and gold down; NZ$1 = 64.1 USc; TWI-5 = 69.5

A review of things you need to know before you go home on Monday; minor rate changes, service sector perks up, business costs rise faster than prices, Moody's sees improving affordability, swap rates up, NZD down, & more

A review of things you need to know before you go home on Monday; minor rate changes, service sector perks up, business costs rise faster than prices, Moody's sees improving affordability, swap rates up, NZD down, & more

Big China tax shifts, key China interest rate reform; Hong Kong challenge grows; Singapore suffering; Aussies audit the auditors; US sentiment dips sharply; UST 10yr yield at 1.56%; oil firm and gold up; NZ$1 = 64.3 USc; TWI-5 = 69.7

Big China tax shifts, key China interest rate reform; Hong Kong challenge grows; Singapore suffering; Aussies audit the auditors; US sentiment dips sharply; UST 10yr yield at 1.56%; oil firm and gold up; NZ$1 = 64.3 USc; TWI-5 = 69.7

After reviewing all banks' interest rate changes since the RBNZ's surprise 50 basis points OCR cut, we calculate how much has benefited borrowers, and how much has been retained for savers

After reviewing all banks' interest rate changes since the RBNZ's surprise 50 basis points OCR cut, we calculate how much has benefited borrowers, and how much has been retained for savers

US housing starts drop; US sentiment drops; China tax collection change; Hong Kong growth evaporates; Malaysia growth up; equity markets chase stimulus plans; UST 10yr 1.54%; oil up and gold down; NZD devalued by -4.5%

US housing starts drop; US sentiment drops; China tax collection change; Hong Kong growth evaporates; Malaysia growth up; equity markets chase stimulus plans; UST 10yr 1.54%; oil up and gold down; NZD devalued by -4.5%

A review of things you need to know before you go home on Friday; some big rate changes, factories gloomy, house price expectations up, big lift in ship cruise business, swaps fall; NZD flat, & more

A review of things you need to know before you go home on Friday; some big rate changes, factories gloomy, house price expectations up, big lift in ship cruise business, swaps fall; NZD flat, & more

Treasury cuts its risk-free Kiwi Bond interest rate to 1.00% for all terms, down from 1.50%

Treasury cuts its risk-free Kiwi Bond interest rate to 1.00% for all terms, down from 1.50%

US retail sales pick up; but US factory production weakens; Canada house sales rise again, jobs too; equity markets on hold; central bank cuts mount; China house prices up; UST 10yr yield at 1.53%; oil down and gold up; NZ$1 = 64.5 USc; TWI-5 = 69.8

US retail sales pick up; but US factory production weakens; Canada house sales rise again, jobs too; equity markets on hold; central bank cuts mount; China house prices up; UST 10yr yield at 1.53%; oil down and gold up; NZ$1 = 64.5 USc; TWI-5 = 69.8

The mortgage war takes interest rates down to levels never seen before for fixed home loans with Kiwibank the latest to offer a market leading rate

The mortgage war takes interest rates down to levels never seen before for fixed home loans with Kiwibank the latest to offer a market leading rate

A review of things you need to know before you go home on Thursday; many rate cuts, population adjusted down, NZGB bond yield sinks, Heartland profit rises, swaps drop, NZD stable, & more

A review of things you need to know before you go home on Thursday; many rate cuts, population adjusted down, NZGB bond yield sinks, Heartland profit rises, swaps drop, NZD stable, & more

Term deposit rates go down over the cliff with 3% fading over the horizon quickly as the pace of reductions picks up and spreads to most institutions

Term deposit rates go down over the cliff with 3% fading over the horizon quickly as the pace of reductions picks up and spreads to most institutions

ASB cuts all its fixed mortgage rates again, taking market leading positions for many terms, after raising some very cheap funding. It cuts term deposit rates too

ASB cuts all its fixed mortgage rates again, taking market leading positions for many terms, after raising some very cheap funding. It cuts term deposit rates too

Markets signal recession warnings; bond yields invert; US import prices rise; China data very weak; German Q2 GDP negative; speculation of Brexit call without Parliament; UST 10yr yield at 1.58%; oil down and gold up; NZ$1 = 64.3 USc; TWI-5 = 69.7

Markets signal recession warnings; bond yields invert; US import prices rise; China data very weak; German Q2 GDP negative; speculation of Brexit call without Parliament; UST 10yr yield at 1.58%; oil down and gold up; NZ$1 = 64.3 USc; TWI-5 = 69.7

A review of things you need to know before you go home on Wednesday; more rate cuts, inflation rise, Harmoney gets new boss, China data surprisingly weak, swaps firm, NZD unchanged, & more

A review of things you need to know before you go home on Wednesday; more rate cuts, inflation rise, Harmoney gets new boss, China data surprisingly weak, swaps firm, NZD unchanged, & more

US delays latest tariff hike for domestic reasons; US CPI up 1.8%; consumer debt manageable; US carmakers glum; China FDI up; German sentiment dives; UST 10yr yield at 1.67%; oil up and gold lower; NZ$1 = 64.5 USc; TWI-5 = 69.8

US delays latest tariff hike for domestic reasons; US CPI up 1.8%; consumer debt manageable; US carmakers glum; China FDI up; German sentiment dives; UST 10yr yield at 1.67%; oil up and gold lower; NZ$1 = 64.5 USc; TWI-5 = 69.8

A review of things you need to know before you go home on Tuesday; BNZ and TSB cuts rates, housing markets perks up, fruit & veg prices down -9%, rent rises slow, swaps lower, NZD lower, & more

A review of things you need to know before you go home on Tuesday; BNZ and TSB cuts rates, housing markets perks up, fruit & veg prices down -9%, rent rises slow, swaps lower, NZD lower, & more

Another major home loan bank joins ANZ at a market-leading level for a key mortgage rate, dropping it by 16 bps. It also cut some key term deposit rates by 20 bps

Another major home loan bank joins ANZ at a market-leading level for a key mortgage rate, dropping it by 16 bps. It also cut some key term deposit rates by 20 bps

US budget deficit up to -4.7% of GDP; bond yields and equity markets fall; Argentina rocked; China credit growth slows sharply; UST 10yr yield at 1.66%; oil unchanged and gold up; NZ$1 = 64.7 USc; TWI-5 = 69.6

US budget deficit up to -4.7% of GDP; bond yields and equity markets fall; Argentina rocked; China credit growth slows sharply; UST 10yr yield at 1.66%; oil unchanged and gold up; NZ$1 = 64.7 USc; TWI-5 = 69.6

A review of things you need to know before you go home on Monday; ANZ cuts rates, retail trade weak, Fonterra weakened, DTI data launched, 'responsible lending' in spotlight, swaps firm, NZD softish, & more

A review of things you need to know before you go home on Monday; ANZ cuts rates, retail trade weak, Fonterra weakened, DTI data launched, 'responsible lending' in spotlight, swaps firm, NZD softish, & more