David Chaston

A review of things you need to know before you go home on Monday; many floating rate cuts, TD trimming, central banks launch kitchen sinks, PSI expands, migration up, swaps sink, NZD whipsaws, & more

A review of things you need to know before you go home on Monday; many floating rate cuts, TD trimming, central banks launch kitchen sinks, PSI expands, migration up, swaps sink, NZD whipsaws, & more

BNZ, Westpac, ANZ, ASB and Kiwibank cut floating mortgage rates to match RBNZ's 75 basis points OCR cut, some savings rates lowered too

BNZ, Westpac, ANZ, ASB and Kiwibank cut floating mortgage rates to match RBNZ's 75 basis points OCR cut, some savings rates lowered too

Lockdowns freeze up societies and financial markets; consumer sentiment buckles; monetary authorities try usual things in big doses; EU and US infections leap; China eases up; UST 10yr yield at 0.98%; oil and gold drop; NZ$1 = 60.6 USc; TWI-5 = 67

Lockdowns freeze up societies and financial markets; consumer sentiment buckles; monetary authorities try usual things in big doses; EU and US infections leap; China eases up; UST 10yr yield at 0.98%; oil and gold drop; NZ$1 = 60.6 USc; TWI-5 = 67

Kiwibank make the next home loan rate reductions, and its new three year rate stands out as the lowest among their main rivals. ANZ slips further behind the pace

Kiwibank make the next home loan rate reductions, and its new three year rate stands out as the lowest among their main rivals. ANZ slips further behind the pace

Wall Street tries partial comeback on stimulus hopes; Fed ramps up liquidity support; many countries add their own support; Europe new virus epicenter; UST 10yr yield at 0.94%; oil and gold drop; NZ$1 = 60.5 USc; TWI-5 = 66.8

Wall Street tries partial comeback on stimulus hopes; Fed ramps up liquidity support; many countries add their own support; Europe new virus epicenter; UST 10yr yield at 0.94%; oil and gold drop; NZ$1 = 60.5 USc; TWI-5 = 66.8

A review of things you need to know before you go home on Friday; many retail interest rate changes, PMI positive, food prices up, SMEs in good shape, global markets dire, swaps up, NZD down, & more

A review of things you need to know before you go home on Friday; many retail interest rate changes, PMI positive, food prices up, SMEs in good shape, global markets dire, swaps up, NZD down, & more

Wall Street recoils; Fed announces huge bank support; markets not reassured; ECB adds to QE; White House announcements cause alarm; China economy hurting; UST 10yr yield falls to 0.71%; oil and gold down; NZ$1 = 61.1 USc; TWI-5 = 67

Wall Street recoils; Fed announces huge bank support; markets not reassured; ECB adds to QE; White House announcements cause alarm; China economy hurting; UST 10yr yield falls to 0.71%; oil and gold down; NZ$1 = 61.1 USc; TWI-5 = 67

A review of things you need to know before you go home on Thursday; some key retail rate cuts, strong housing sales, 'not a good time to buy', Aussie helicopter money, swaps steepen, NZD holds, & more

A review of things you need to know before you go home on Thursday; some key retail rate cuts, strong housing sales, 'not a good time to buy', Aussie helicopter money, swaps steepen, NZD holds, & more

ASB becomes the first bank to offer all fixed rates below 4%, and now offers the lowest two year fixed rate 'special' of any major bank. These reductions come after TD rate cuts

ASB becomes the first bank to offer all fixed rates below 4%, and now offers the lowest two year fixed rate 'special' of any major bank. These reductions come after TD rate cuts

A downbeat economic outlook is seeing more banks cut their term deposit offers and the trend is probably only just starting

A downbeat economic outlook is seeing more banks cut their term deposit offers and the trend is probably only just starting

Equity markets fall; pandemic declared; NY Fed in massive liquidity operation; China lending growth weak; very few fiscal support packages announced yet; UST 10yr yield recovers to 0.76%; oil and gold down; NZ$1 = 63 USc; TWI-5 = 68.1

Equity markets fall; pandemic declared; NY Fed in massive liquidity operation; China lending growth weak; very few fiscal support packages announced yet; UST 10yr yield recovers to 0.76%; oil and gold down; NZ$1 = 63 USc; TWI-5 = 68.1

A review of things you need to know before you go home on Wednesday; mortgage and TD rate cuts, retail sales surge, equity markets in mood swing, swaps up, NZD firm, & more

A review of things you need to know before you go home on Wednesday; mortgage and TD rate cuts, retail sales surge, equity markets in mood swing, swaps up, NZD firm, & more

Wall Street's recovery lacks conviction; Italy suspends mortgage repayments; China's return to work faltering; Aussie consumer confidence drops; NZ's business confidence 'awful'; UST 10yr yield recovers to 0.68%; oil up and gold drops; NZ$1 = 62.5 USc

Wall Street's recovery lacks conviction; Italy suspends mortgage repayments; China's return to work faltering; Aussie consumer confidence drops; NZ's business confidence 'awful'; UST 10yr yield recovers to 0.68%; oil up and gold drops; NZ$1 = 62.5 USc

A review of things you need to know before you go home on Tuesday; some TD rate cuts, trucks still rolling, business confidence sinks, rents up, swaps on hold, NZD recovers, & more

A review of things you need to know before you go home on Tuesday; some TD rate cuts, trucks still rolling, business confidence sinks, rents up, swaps on hold, NZD recovers, & more

Wall Street in full fear mode; market interest rates separating from benchmark rates; China very slow to restart; Covid-19 cases jump in rest of world; UST 10yr yield dives to 0.49%; oil and gold hold; NZ$1 = 63.8 USc; TWI-5 = 68.1

Wall Street in full fear mode; market interest rates separating from benchmark rates; China very slow to restart; Covid-19 cases jump in rest of world; UST 10yr yield dives to 0.49%; oil and gold hold; NZ$1 = 63.8 USc; TWI-5 = 68.1

A review of things you need to know before you go home on Monday; international financial markets crash ahead of Wall Street & London opening, economists see recession, companies pull earnings guidance, swaps sink, NZD dumped, & more

A review of things you need to know before you go home on Monday; international financial markets crash ahead of Wall Street & London opening, economists see recession, companies pull earnings guidance, swaps sink, NZD dumped, & more

Massey University's clever AI GDP model is now hosted on interest.co.nz, giving much earlier insights on how our economy is tracking, including regionally and by industry

Massey University's clever AI GDP model is now hosted on interest.co.nz, giving much earlier insights on how our economy is tracking, including regionally and by industry

China's exports tumble but imports hold; eyes on domestic China demand; Aussie retail trade weakens; markets ignore US jobs gains; Fed struggles with liquidity support; UST 10yr yield at 0.77%; oil drops hard and gold higher; NZ$1 = 63.6 USc; TWI-5 = 68.4

China's exports tumble but imports hold; eyes on domestic China demand; Aussie retail trade weakens; markets ignore US jobs gains; Fed struggles with liquidity support; UST 10yr yield at 0.77%; oil drops hard and gold higher; NZ$1 = 63.6 USc; TWI-5 = 68.4

Markets turn seriously risk averse; benchmark bond prices jump; NY Fed struggles with liquidity support; US jobs data ignored; Aussie's mull stimulus; UST 10yr yield at 0.74%; oil drops hard and gold higher; NZ$1 = 63.6 USc; TWI-5 = 68.4

Markets turn seriously risk averse; benchmark bond prices jump; NY Fed struggles with liquidity support; US jobs data ignored; Aussie's mull stimulus; UST 10yr yield at 0.74%; oil drops hard and gold higher; NZ$1 = 63.6 USc; TWI-5 = 68.4

A review of things you need to know before you go home on Friday; Westpac cuts both mortgage and TD rates, building completions tepid, NZGB 10yr falls below 1%, UST 10yr sinks further, swap curves flatten, NZD firm, & more

A review of things you need to know before you go home on Friday; Westpac cuts both mortgage and TD rates, building completions tepid, NZGB 10yr falls below 1%, UST 10yr sinks further, swap curves flatten, NZD firm, & more

American mortgage rates tumble; factory orders fall; S&P500 dives; California declares an emergency; Australia faces a -½% GDP hit; UST 10yr yield at 0.91%; oil drops and gold jumps; NZ$1 = 63 USc; TWI-5 = 68.2

American mortgage rates tumble; factory orders fall; S&P500 dives; California declares an emergency; Australia faces a -½% GDP hit; UST 10yr yield at 0.91%; oil drops and gold jumps; NZ$1 = 63 USc; TWI-5 = 68.2

The Red Bank takes a sharp knife to its three, four and five year fixed home loan rates, making them all much lower than their main rivals. They also trim term deposit rates

The Red Bank takes a sharp knife to its three, four and five year fixed home loan rates, making them all much lower than their main rivals. They also trim term deposit rates

A review of things you need to know before you go home on Thursday; Heartland's record low mortgage rates, used are imports shrink, local authority taxes up more than 3 times inflation, swaps yo-yo up, NZD stable, & more

A review of things you need to know before you go home on Thursday; Heartland's record low mortgage rates, used are imports shrink, local authority taxes up more than 3 times inflation, swaps yo-yo up, NZD stable, & more

Major equity markets rally; air travel and air cargo volumes sink; US service sector growth confusing, Canada cuts by -50 bps; China restart uncertain; Aussie stimulus awaited; UST 10yr yield at 0.97%; oil and gold unchanged; NZ$1 = 62.8 USc; TWI-5 = 68.1

Major equity markets rally; air travel and air cargo volumes sink; US service sector growth confusing, Canada cuts by -50 bps; China restart uncertain; Aussie stimulus awaited; UST 10yr yield at 0.97%; oil and gold unchanged; NZ$1 = 62.8 USc; TWI-5 = 68.1

A review of things you need to know before you go home on Wednesday; Kiwibank trims rates, house prices rising, building consents up, petrol down, swaps in steep fall again, NZD holds, & much more

A review of things you need to know before you go home on Wednesday; Kiwibank trims rates, house prices rising, building consents up, petrol down, swaps in steep fall again, NZD holds, & much more