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
US Fed shrinks its balance sheet further; Canada adds many part time jobs; China car sales rise, China debt levels jump; Australia prepares for another jobs shock; UST 10yr yield at 0.64%; oil up and gold lower; NZ$1 = 65.7 USc; TWI-5 = 70.3
97
US Fed shrinks its balance sheet further; Canada adds many part time jobs; China car sales rise, China debt levels jump; Australia prepares for another jobs shock; UST 10yr yield at 0.64%; oil up and gold lower; NZ$1 = 65.7 USc; TWI-5 = 70.3
A review of things you need to know before you go home on Friday; more rates cuts, more bounce-back data, Crown accounts further in the red, auction market buoyant, swaps hold, NZD unchanged, & more
52
A review of things you need to know before you go home on Friday; more rates cuts, more bounce-back data, Crown accounts further in the red, auction market buoyant, swaps hold, NZD unchanged, & more
US jobless claims high, support nears end; China CPI rate stops falling; China office overbuilding grows; Aussie house lending dives; Australia warns on China; UST 10yr yield at 0.61%; oil and gold lower; NZ$1 = 65.7 USc; TWI-5 = 70.3
132
US jobless claims high, support nears end; China CPI rate stops falling; China office overbuilding grows; Aussie house lending dives; Australia warns on China; UST 10yr yield at 0.61%; oil and gold lower; NZ$1 = 65.7 USc; TWI-5 = 70.3
A review of things you need to know before you go home on Thursday; more rate cuts, better local bounceback data, Govt bond tender popular, China-Australia fight gets uglier, swaps unchanged, NZD firms, & more
54
A review of things you need to know before you go home on Thursday; more rate cuts, better local bounceback data, Govt bond tender popular, China-Australia fight gets uglier, swaps unchanged, NZD firms, & more
Westpac matches ANZ and Bank of China with a one year 2.55% one year fixed 'special', a market-leading rate. Westpac also cuts almost all its term deposit rates
13
Westpac matches ANZ and Bank of China with a one year 2.55% one year fixed 'special', a market-leading rate. Westpac also cuts almost all its term deposit rates
US consumer credit balances fall; MNC tax cheating clearer; Facebook's own audit pans company; Australia effectively suspends responsible lending rules; UST 10yr yield at 0.65%; oil unchanged and gold up; NZ$1 = 65.7 USc; TWI-5 = 70.3
110
US consumer credit balances fall; MNC tax cheating clearer; Facebook's own audit pans company; Australia effectively suspends responsible lending rules; UST 10yr yield at 0.65%; oil unchanged and gold up; NZ$1 = 65.7 USc; TWI-5 = 70.3
A review of things you need to know before you go home on Wednesday; a key mortgage rate cut, many TD cuts, dairy prices jump, housing value up sharply, swaps unchanged, NZD soft, & more
89
A review of things you need to know before you go home on Wednesday; a key mortgage rate cut, many TD cuts, dairy prices jump, housing value up sharply, swaps unchanged, NZD soft, & more
Dairy prices jump; US retails sales slip; Japanese households pull back; EU hole gets deeper; Australian banks extend mortgage deferrals; UST 10yr yield at 0.65%; oil unchanged and gold up; NZ$1 = 65.6 USc; TWI-5 = 70.3
106
Dairy prices jump; US retails sales slip; Japanese households pull back; EU hole gets deeper; Australian banks extend mortgage deferrals; UST 10yr yield at 0.65%; oil unchanged and gold up; NZ$1 = 65.6 USc; TWI-5 = 70.3
ANZ cuts all its 'special' home loan rates, with two of them down to market-leading levels and probably sparking a renewed round of rate slicing. It is also cutting almost all its term deposit rates
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ANZ cuts all its 'special' home loan rates, with two of them down to market-leading levels and probably sparking a renewed round of rate slicing. It is also cutting almost all its term deposit rates
A review of things you need to know before you go home on Tuesday; business confidence stays weak, Barfoot's auction activity firm, hospitality lags retail's bounce, swaps steepen, NZD firm, & more
45
A review of things you need to know before you go home on Tuesday; business confidence stays weak, Barfoot's auction activity firm, hospitality lags retail's bounce, swaps steepen, NZD firm, & more
US service sector rising; China equities lead Wall Street; weak data from many economies; virus toll rising faster; UST 10yr yield at 0.70%; oil and gold up; NZ$1 = 65.6 USc; TWI-5 = 70.2
81
US service sector rising; China equities lead Wall Street; weak data from many economies; virus toll rising faster; UST 10yr yield at 0.70%; oil and gold up; NZ$1 = 65.6 USc; TWI-5 = 70.2
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
93
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
72
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
45
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
78
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
38
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
103
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
38
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
98
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
55
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
130
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
74
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
83
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
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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
121
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