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
A review of things you need to know before you go home on Thursday; no rate changes, record low NZGB yield, living costs impacts regressive, swaps lower again, NZD stable, & more
25th Jul 19, 3:59pm
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A review of things you need to know before you go home on Thursday; no rate changes, record low NZGB yield, living costs impacts regressive, swaps lower again, NZD stable, & more
US factory expansion ends; new house sales rise; China property developers squeezed, Japan and Europe factories suffer; equities show gains; APRA pay rules flawed; UST 10yr yield at 2.05%; oil down & gold up; NZ$1 = 67.1 USc; TWI-5 = 72.2
25th Jul 19, 7:18am
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US factory expansion ends; new house sales rise; China property developers squeezed, Japan and Europe factories suffer; equities show gains; APRA pay rules flawed; UST 10yr yield at 2.05%; oil down & gold up; NZ$1 = 67.1 USc; TWI-5 = 72.2
A review of things you need to know before you go home on Wednesday; more rate cuts, Westpac grinning, another working group, better trade data, FHBs holding back, swaps lower, NZD soft, & more
24th Jul 19, 3:59pm
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A review of things you need to know before you go home on Wednesday; more rate cuts, Westpac grinning, another working group, better trade data, FHBs holding back, swaps lower, NZD soft, & more
US house sales fall; Richmond Fed data weak; debt ceiling deal done; China bond woes deepen; China rushes to import beef; IMF downgrades global growth again; UST 10yr yield at 2.07%; oil up & gold down; NZ$1 = 67.1 USc; TWI-5 = 72.1
24th Jul 19, 7:23am
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US house sales fall; Richmond Fed data weak; debt ceiling deal done; China bond woes deepen; China rushes to import beef; IMF downgrades global growth again; UST 10yr yield at 2.07%; oil up & gold down; NZ$1 = 67.1 USc; TWI-5 = 72.1
Westpac quickly follows BNZ with a 3.79% two year 'special', taking rate competitiveness to a new lower level, even before the Spring season starts. ANZ also follows
23rd Jul 19, 4:31pm
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Westpac quickly follows BNZ with a 3.79% two year 'special', taking rate competitiveness to a new lower level, even before the Spring season starts. ANZ also follows
A review of things you need to know before you go home on Tuesday; many TD rate cuts, dairy farmers levied for MPB, A2 Milk zooms higher; FMA issues warning, SFO files charges, swaps lower, NZD lower, & more
23rd Jul 19, 3:59pm
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A review of things you need to know before you go home on Tuesday; many TD rate cuts, dairy farmers levied for MPB, A2 Milk zooms higher; FMA issues warning, SFO files charges, swaps lower, NZD lower, & more
US can't break trend growth; US debt ceiling talks progress well; Canada wholesale trade dips; China has eyes on home loans; Hayne piles pressure on APRA; UST 10yr yield at 2.05%; oil & gold up; NZ$1 = 67.7 USc; TWI-5 = 72.6
23rd Jul 19, 7:25am
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US can't break trend growth; US debt ceiling talks progress well; Canada wholesale trade dips; China has eyes on home loans; Hayne piles pressure on APRA; UST 10yr yield at 2.05%; oil & gold up; NZ$1 = 67.7 USc; TWI-5 = 72.6
China data vulnerable; NY Fed clarifies; US sentiment flattens at high level; US debt ceiling stress again; Aussie housing market picks up; UST 10yr yield at 2.06%; oil & gold up; NZ$1 = 67.6 USc; TWI-5 = 72.5
22nd Jul 19, 7:16am
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China data vulnerable; NY Fed clarifies; US sentiment flattens at high level; US debt ceiling stress again; Aussie housing market picks up; UST 10yr yield at 2.06%; oil & gold up; NZ$1 = 67.6 USc; TWI-5 = 72.5
NY Fed scrambles to protect message; Canada retail disappoints; China faces pressure everywhere; Aussie investors cheer McEwan; UST 10yr 2.05%; oil flat and gold up; NZ$1 = 67.7 USc; TWI-5 = 72.5
20th Jul 19, 7:52am
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NY Fed scrambles to protect message; Canada retail disappoints; China faces pressure everywhere; Aussie investors cheer McEwan; UST 10yr 2.05%; oil flat and gold up; NZ$1 = 67.7 USc; TWI-5 = 72.5
US regional factory data better; Canada jobs up; Indonesia cuts rate; China stresses mount; Aussie jobs data good; UST 10yr yield at 2.03%; oil down & gold up; NZ$1 = 67.5 USc; TWI-5 = 72.4
19th Jul 19, 7:16am
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US regional factory data better; Canada jobs up; Indonesia cuts rate; China stresses mount; Aussie jobs data good; UST 10yr yield at 2.03%; oil down & gold up; NZ$1 = 67.5 USc; TWI-5 = 72.4
US housing start weaken; Fed's Beige Book downgrades; Canada inflation dips; China ponders next moves; IMF sees better balance; Fitch trims AU bank outlooks; UST 10yr yield at 2.12%; oil down & gold up; NZ$1 = 67 USc; TWI-5 = 72.3
18th Jul 19, 7:16am
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US housing start weaken; Fed's Beige Book downgrades; Canada inflation dips; China ponders next moves; IMF sees better balance; Fitch trims AU bank outlooks; UST 10yr yield at 2.12%; oil down & gold up; NZ$1 = 67 USc; TWI-5 = 72.3
A review of things you need to know before you go home on Wednesday; only minor rate changes, DIA says MNC a money-laundering risk, expensive finco forced to refund, record low LGFA yield, farm sales down, swaps flat, & more
17th Jul 19, 3:59pm
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A review of things you need to know before you go home on Wednesday; only minor rate changes, DIA says MNC a money-laundering risk, expensive finco forced to refund, record low LGFA yield, farm sales down, swaps flat, & more
Dairy prices rise; US retail gains timid; US factory output gains stall; US loses WTO case; China bond trader collapse; ZEW sentiment falls; APRA fails conduct & culture review; UST 10yr yield at 2.12%; oil and gold down; NZ$1 = 67 USc; TWI-5 = 72
17th Jul 19, 7:20am
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Dairy prices rise; US retail gains timid; US factory output gains stall; US loses WTO case; China bond trader collapse; ZEW sentiment falls; APRA fails conduct & culture review; UST 10yr yield at 2.12%; oil and gold down; NZ$1 = 67 USc; TWI-5 = 72
A review of things you need to know before you go home on Tuesday; no rate changes, inflation up, Yili gets OIO tick, micros more confident, more water stored, eyes on dairy auction, swaps sink, NZD rises, & more
16th Jul 19, 3:59pm
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A review of things you need to know before you go home on Tuesday; no rate changes, inflation up, Yili gets OIO tick, micros more confident, more water stored, eyes on dairy auction, swaps sink, NZD rises, & more
Canada house sales flat; China growth slows even as retail rises; India trade shrinks; Wall Street holds; Aussies worries about NZ regulation; UST 10yr yield at 2.09%; oil and gold down; NZ$1 = 67.2 USc; TWI-5 = 72
16th Jul 19, 7:19am
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Canada house sales flat; China growth slows even as retail rises; India trade shrinks; Wall Street holds; Aussies worries about NZ regulation; UST 10yr yield at 2.09%; oil and gold down; NZ$1 = 67.2 USc; TWI-5 = 72
A review of things you need to know before you go home on Monday; Kiwibank changes rates lower, Co-op Bank pays its customers, service sector slows, migration stays high, swaps rise, NZD rises, & more
15th Jul 19, 3:59pm
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A review of things you need to know before you go home on Monday; Kiwibank changes rates lower, Co-op Bank pays its customers, service sector slows, migration stays high, swaps rise, NZD rises, & more
Although wholesale rates have bounced up after reaching record lows recently, banks continue to adjust their mortgage rates down. This time the cuts came with a matching term deposit rate cut
15th Jul 19, 10:23am
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Although wholesale rates have bounced up after reaching record lows recently, banks continue to adjust their mortgage rates down. This time the cuts came with a matching term deposit rate cut
China trade surplus swells on even bigger gains vs the US, but industry sees slowdown, China debt jumps; Wall Street at record high; Aussie savers hit; UST 10yr yield at 2.12%; oil holds and gold up; NZ$1 = 67 USc; TWI-5 = 71.7
15th Jul 19, 7:02am
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China trade surplus swells on even bigger gains vs the US, but industry sees slowdown, China debt jumps; Wall Street at record high; Aussie savers hit; UST 10yr yield at 2.12%; oil holds and gold up; NZ$1 = 67 USc; TWI-5 = 71.7
Wall Street hits record high; China's trade surplus with the US grows; new yuan loans jump; Singapore slumps; Aussie TD rates dive; UST 10yr 2.11%; oil flat and gold up; NZ$1 = 67 USc; TWI-5 = 71.7
13th Jul 19, 8:28am
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Wall Street hits record high; China's trade surplus with the US grows; new yuan loans jump; Singapore slumps; Aussie TD rates dive; UST 10yr 2.11%; oil flat and gold up; NZ$1 = 67 USc; TWI-5 = 71.7
A review of things you need to know before you go home on Friday; no rate changes, housing market hibernating; PMI barely holding on; improved R&D incentives, swaps jump, NZD firm, & more
12th Jul 19, 3:59pm
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A review of things you need to know before you go home on Friday; no rate changes, housing market hibernating; PMI barely holding on; improved R&D incentives, swaps jump, NZD firm, & more
US inflation rises; real earnings rise; S&P500 flat; Asia trade faces liquidity pressure; China FDI rises; lending for houses drops sharply in Australia; UST 10yr yield at 2.12%; oil holds and gold falls; NZ$1 = 66.6 USc; TWI-5 = 71.6
12th Jul 19, 7:18am
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US inflation rises; real earnings rise; S&P500 flat; Asia trade faces liquidity pressure; China FDI rises; lending for houses drops sharply in Australia; UST 10yr yield at 2.12%; oil holds and gold falls; NZ$1 = 66.6 USc; TWI-5 = 71.6
A review of things you need to know before you go home on Thursday; Rabobank cuts some rates, retail limp, inflation gauge topping out, very cheap Govt bond funding, swaps hold, NZD firm, & more
11th Jul 19, 3:59pm
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A review of things you need to know before you go home on Thursday; Rabobank cuts some rates, retail limp, inflation gauge topping out, very cheap Govt bond funding, swaps hold, NZD firm, & more
Fed's Powell signals a US rate cut; Canada holds; trade war jockeying; China PPI drops; Australian consumer confidence falls; UST 10yr yield at 2.06%; oil and gold rise; NZ$1 = 66.5 USc; TWI-5 = 71.4
11th Jul 19, 7:09am
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Fed's Powell signals a US rate cut; Canada holds; trade war jockeying; China PPI drops; Australian consumer confidence falls; UST 10yr yield at 2.06%; oil and gold rise; NZ$1 = 66.5 USc; TWI-5 = 71.4
A review of things you need to know before you go home on Wednesday; ANZ trims TD rates, REINZ releases HPIs, food prices tame, rent rise updates, swaps firm, NZD slips, & more
10th Jul 19, 3:59pm
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A review of things you need to know before you go home on Wednesday; ANZ trims TD rates, REINZ releases HPIs, food prices tame, rent rise updates, swaps firm, NZD slips, & more
Term deposit interest rates are falling further, with the premium for longer terms having almost evaporated; savers are still getting paid something for 'risk' - but this may not last
10th Jul 19, 10:15am
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Term deposit interest rates are falling further, with the premium for longer terms having almost evaporated; savers are still getting paid something for 'risk' - but this may not last