David Chaston

US economy data weakens; Ford imposes huge layoffs; Japan's growth rises; China's mortgage rates up; equities sag; Aussie power prices up; UST 10yr 2.41%; oil and gold unchanged; NZ$1 = 65.4 USc; TWI-5 = 70.4

US economy data weakens; Ford imposes huge layoffs; Japan's growth rises; China's mortgage rates up; equities sag; Aussie power prices up; UST 10yr 2.41%; oil and gold unchanged; NZ$1 = 65.4 USc; TWI-5 = 70.4

A review of things you need to know before you go home on Monday; more rate cuts, service sector struggling, bank satisfaction falls, swaps & NZD holding, & more

A review of things you need to know before you go home on Monday; more rate cuts, service sector struggling, bank satisfaction falls, swaps & NZD holding, & more

Banks continue to chip away at their home loan rate offers. Today it is BNZ offering a market leading three year fixed mortgage rate

Banks continue to chip away at their home loan rate offers. Today it is BNZ offering a market leading three year fixed mortgage rate

Australian election surprise; India votes; US tariff back-track with allies; China digs in; China house prices rise; UST 10yr 2.39%; oil and gold down; NZ$1 = 65.5 USc; TWI-5 = 70.3

Australian election surprise; India votes; US tariff back-track with allies; China digs in; China house prices rise; UST 10yr 2.39%; oil and gold down; NZ$1 = 65.5 USc; TWI-5 = 70.3

ANZ has announced more reductions, this time to most term deposit rates. And they are signaling that premium interest for their main bonus saver account will be cut by -25 bps

ANZ has announced more reductions, this time to most term deposit rates. And they are signaling that premium interest for their main bonus saver account will be cut by -25 bps

US trade moves confusing, pushes up US dollar; China reacts, says lower growth acceptable; EU doesn't follow US; Australia votes; UST 10yr 2.39%; oil unchanged and gold down; NZ$1 = 65.2 USc; TWI-5 = 70.3

US trade moves confusing, pushes up US dollar; China reacts, says lower growth acceptable; EU doesn't follow US; Australia votes; UST 10yr 2.39%; oil unchanged and gold down; NZ$1 = 65.2 USc; TWI-5 = 70.3

A review of things you need to know before you go home on Friday; Heartland trims rates, ANZ revoked, PMI waivers, PPI costs up more than prices, house price inflation lower; swaps firm, NZD stable, & more

A review of things you need to know before you go home on Friday; Heartland trims rates, ANZ revoked, PMI waivers, PPI costs up more than prices, house price inflation lower; swaps firm, NZD stable, & more

Markets in risk-off mood; Fed faces inflation challenges; US data tame; Canada data firm; China gets business loan price war; Australia prepares to vote; UST 10yr 2.40%; oil up and gold down; NZ$1 = 65.4 USc; TWI-5 = 70.4

Markets in risk-off mood; Fed faces inflation challenges; US data tame; Canada data firm; China gets business loan price war; Australia prepares to vote; UST 10yr 2.40%; oil up and gold down; NZ$1 = 65.4 USc; TWI-5 = 70.4

A review of things you need to know before you go home on Thursday; no rate changes, end of an era, cheap money, Xero turns a corner, methane fight, swaps at all-time low, NZD stable, & more

A review of things you need to know before you go home on Thursday; no rate changes, end of an era, cheap money, Xero turns a corner, methane fight, swaps at all-time low, NZD stable, & more

David Chaston looks at how much of the RBNZ's rate cut is making it through to the real economy to do the job monetary policy needs it to do

David Chaston looks at how much of the RBNZ's rate cut is making it through to the real economy to do the job monetary policy needs it to do

US and China economies suffer momentum backtracks; Canada data solid, EU growth inches up; equities up on car tariff delay; broad tax cut bonus near in Australia; UST 10yr 2.38%; oil up and gold unchanged; NZ$1 = 65.6 USc; TWI-5 = 70.5

US and China economies suffer momentum backtracks; Canada data solid, EU growth inches up; equities up on car tariff delay; broad tax cut bonus near in Australia; UST 10yr 2.38%; oil up and gold unchanged; NZ$1 = 65.6 USc; TWI-5 = 70.5

A review of things you need to know before you go home on Wednesday; more rate cuts for savers, job ads fall, FSC expands, we post our own new record swaps dip, NZD holds, & more

A review of things you need to know before you go home on Wednesday; more rate cuts for savers, job ads fall, FSC expands, we post our own new record swaps dip, NZD holds, & more

Equities recover some losses; yuan depreciates; EU factory output falls; ZEW confidence lower; Australian business confidence drops; UST 10yr 2.42%; oil up and gold down; NZ$1 = 65.8 USc; TWI-5 = 70.6

Equities recover some losses; yuan depreciates; EU factory output falls; ZEW confidence lower; Australian business confidence drops; UST 10yr 2.42%; oil up and gold down; NZ$1 = 65.8 USc; TWI-5 = 70.6

A review of things you need to know before you go home on Tuesday; no rate changes, house sales sag, migration rises, visitor numbers fall, KiwiSaver results updated, swaps lower, NZD holds, & more

A review of things you need to know before you go home on Tuesday; no rate changes, house sales sag, migration rises, visitor numbers fall, KiwiSaver results updated, swaps lower, NZD holds, & more

The S&P500 drops sharply; China retaliates with tariff hikes; China lets the yuan slip; markets expect Fed cut; China car sales slump; Aussie lending dives; UST 10yr 2.40%; oil lower and gold up; NZ$1 = 65.7 USc; TWI-5 = 70.4

The S&P500 drops sharply; China retaliates with tariff hikes; China lets the yuan slip; markets expect Fed cut; China car sales slump; Aussie lending dives; UST 10yr 2.40%; oil lower and gold up; NZ$1 = 65.7 USc; TWI-5 = 70.4

A review of things you need to know before you go home on Monday; a minor rate cut, food price growth low, some rent rises are steep, CBA sees ASB needing $3 bln more capital, swaps soft, NZD soft, & more

A review of things you need to know before you go home on Monday; a minor rate cut, food price growth low, some rent rises are steep, CBA sees ASB needing $3 bln more capital, swaps soft, NZD soft, & more

China holds off reacting to the US; US CPI at target; US Federal deficit leaps; Canada and Germany report good data; AU election promise for FHBs; UST 10yr 2.47%; oil unchanged and gold up; NZ$1 = 66 USc; TWI-5 = 70.6

China holds off reacting to the US; US CPI at target; US Federal deficit leaps; Canada and Germany report good data; AU election promise for FHBs; UST 10yr 2.47%; oil unchanged and gold up; NZ$1 = 66 USc; TWI-5 = 70.6

With headline mortgage rates from every bank for every fixed term now below 5% and most key rates below 4%, this is a very competitive home loan market. Cash incentives are also available as well

With headline mortgage rates from every bank for every fixed term now below 5% and most key rates below 4%, this is a very competitive home loan market. Cash incentives are also available as well

China:US talks continue even after tariff increase; US CPI at 2%; US Federal budget deficit soars; Canada jobs growth strong; HSBC sees end to AU housing downturn; UST 10yr 2.46%; oil unchanged and gold up; NZ$1 = 66 USc; TWI-5 = 70.7

China:US talks continue even after tariff increase; US CPI at 2%; US Federal budget deficit soars; Canada jobs growth strong; HSBC sees end to AU housing downturn; UST 10yr 2.46%; oil unchanged and gold up; NZ$1 = 66 USc; TWI-5 = 70.7

A review of things you need to know before you go home on Friday; many small rate cuts, higher spending; eyes on tariff talks; RBA gets ready for cuts, swaps up, NZD firm, & more

A review of things you need to know before you go home on Friday; many small rate cuts, higher spending; eyes on tariff talks; RBA gets ready for cuts, swaps up, NZD firm, & more

Home loan rates continue to be cut, but somewhat surprisingly, there are a small handful of rises as well. The outliers stand out more

Home loan rates continue to be cut, but somewhat surprisingly, there are a small handful of rises as well. The outliers stand out more

US trade deficit widens; China CPI rises, China new loan growth slows; global food prices rise; two EU banks in trouble; key bond curve inverts; UST 10yr 2.46%; oil softer and gold up; NZ$1 = 66 USc; TWI-5 = 70.6

US trade deficit widens; China CPI rises, China new loan growth slows; global food prices rise; two EU banks in trouble; key bond curve inverts; UST 10yr 2.46%; oil softer and gold up; NZ$1 = 66 USc; TWI-5 = 70.6

A review of things you need to know before you go home on Thursday; many rate changes, big northern pour, truck activity analysed, inflation softens, big infrastructure needs, swaps firm, NZD stable, & more

A review of things you need to know before you go home on Thursday; many rate changes, big northern pour, truck activity analysed, inflation softens, big infrastructure needs, swaps firm, NZD stable, & more

Banks are trimming interest rates for savings accounts and term deposits. We update the latest changes

Banks are trimming interest rates for savings accounts and term deposits. We update the latest changes

We track the changes banks made to their floating rates after the Reserve Bank cut its official cash rate by 25 basis points

We track the changes banks made to their floating rates after the Reserve Bank cut its official cash rate by 25 basis points