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 confidence slips; US terms of trade improve; China get larger surplus with US, less with others; China new debt jumps; Italy pretends on CETA; UST 10yr 2.83%; oil up, gold down; NZ$1 = 67.6 USc; TWI-5 = 71
14th Jul 18, 8:55am
14
US confidence slips; US terms of trade improve; China get larger surplus with US, less with others; China new debt jumps; Italy pretends on CETA; UST 10yr 2.83%; oil up, gold down; NZ$1 = 67.6 USc; TWI-5 = 71
A review of things you need to know before you go home on Friday: no rate changes, 10K new Mangere dwellings, CBL update, PMI sinks, Aussie housing weakness, swaps slip, NZD firms
13th Jul 18, 3:59pm
30
A review of things you need to know before you go home on Friday: no rate changes, 10K new Mangere dwellings, CBL update, PMI sinks, Aussie housing weakness, swaps slip, NZD firms
Productivity is low for reasons that are hard to explain. But maybe we have been looking at the 'problem' in the wrong way - perhaps our historical benchmark was unique and can't be repeated
13th Jul 18, 10:17am
37
Productivity is low for reasons that are hard to explain. But maybe we have been looking at the 'problem' in the wrong way - perhaps our historical benchmark was unique and can't be repeated
CPI inflation up to 2.9% in US; US 2018 budget deficit to hit US$¾ tln; US FDI slumps; EU, Korea cut growth forecasts; UK Brexit White Paper; UST 10yr at 2.85%; oil down, gold up; NZ$1 = 67.7 USc; TWI-5 = 71.2
13th Jul 18, 7:42am
10
CPI inflation up to 2.9% in US; US 2018 budget deficit to hit US$¾ tln; US FDI slumps; EU, Korea cut growth forecasts; UK Brexit White Paper; UST 10yr at 2.85%; oil down, gold up; NZ$1 = 67.7 USc; TWI-5 = 71.2
A review of things you need to know before you go home on Thursday; no rate changes, food prices stable, MPB on lifestyle blocks now, investors confident, swaps slip, NZD holds lower
12th Jul 18, 3:59pm
15
A review of things you need to know before you go home on Thursday; no rate changes, food prices stable, MPB on lifestyle blocks now, investors confident, swaps slip, NZD holds lower
Americans to tariff most China goods; US PPI rises faster; Canada raises rates; Turkey deficits grow; Aussie property investors gloomy; Aussie tax cheats revealed; UST 10yr at 2.85%; oil and gold down; NZ$1 = 67.6 USc; TWI-5 = 71.1
12th Jul 18, 7:36am
7
Americans to tariff most China goods; US PPI rises faster; Canada raises rates; Turkey deficits grow; Aussie property investors gloomy; Aussie tax cheats revealed; UST 10yr at 2.85%; oil and gold down; NZ$1 = 67.6 USc; TWI-5 = 71.1
A review of things you need to know before you go home on Wednesday; NZCU South trims a TD rate, more huge Trump tariffs, guest nights up, NZ stress tests ok, rents jump, swaps fall, NZD down
11th Jul 18, 3:59pm
4
A review of things you need to know before you go home on Wednesday; NZCU South trims a TD rate, more huge Trump tariffs, guest nights up, NZ stress tests ok, rents jump, swaps fall, NZD down
The media world is changing. That is challenging for readers who expect independent news, data and comment. But it also means you can join us in making sure it remains available
11th Jul 18, 7:31am
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The media world is changing. That is challenging for readers who expect independent news, data and comment. But it also means you can join us in making sure it remains available
US quit rate rises; Canada housing starts jump; China factory inflation up; German sentiment tumbles; Turkey embraces nepotism; NZ's innovation handicap; UST 10yr at 2.87%; oil up and gold down; NZ$1 = 68.4 USc; TWI-5 = 71.6
11th Jul 18, 7:28am
5
US quit rate rises; Canada housing starts jump; China factory inflation up; German sentiment tumbles; Turkey embraces nepotism; NZ's innovation handicap; UST 10yr at 2.87%; oil up and gold down; NZ$1 = 68.4 USc; TWI-5 = 71.6
A review of things you need to know before you go home on Tuesday; two rate changes, truckometer loses momentum, inflation low even as retail demand solid, swaps unchanged, NZD firm
10th Jul 18, 3:59pm
12
A review of things you need to know before you go home on Tuesday; two rate changes, truckometer loses momentum, inflation low even as retail demand solid, swaps unchanged, NZD firm
Wall Street leaps following Asia; India monsoons weak; China ignores CFC risks; Mexico inflation up; Brexit plans uncertain; Aussie houses take longer to sell; UST 10yr at 2.86%; oil and gold up; NZ$1 = 68.4 USc; TWI-5 = 71.5
10th Jul 18, 7:47am
30
Wall Street leaps following Asia; India monsoons weak; China ignores CFC risks; Mexico inflation up; Brexit plans uncertain; Aussie houses take longer to sell; UST 10yr at 2.86%; oil and gold up; NZ$1 = 68.4 USc; TWI-5 = 71.5
TSB sets its fighting rate at 4.35% for eighteen months fixed, the lowest of any bank for this term except HSBC Premier
9th Jul 18, 5:31pm
3
TSB sets its fighting rate at 4.35% for eighteen months fixed, the lowest of any bank for this term except HSBC Premier
A review of things you need to know before you go home on Monday; a TD rate cut, a credit card rate cut, Japan & China data impresses, swaps unchanged, comparing the US rate curve, NZD firm-ish
9th Jul 18, 4:00pm
3
A review of things you need to know before you go home on Monday; a TD rate cut, a credit card rate cut, Japan & China data impresses, swaps unchanged, comparing the US rate curve, NZD firm-ish
US job gains rise but jobless rate also rises; ditto Canada; US tariffs come into effect; some hard commodity prices retreat; Japan ratifies TPP; UST 10yr at 2.82%; oil and gold unchanged; NZ$1 = 68.4 USc; TWI-5 = 71.5
9th Jul 18, 7:18am
74
US job gains rise but jobless rate also rises; ditto Canada; US tariffs come into effect; some hard commodity prices retreat; Japan ratifies TPP; UST 10yr at 2.82%; oil and gold unchanged; NZ$1 = 68.4 USc; TWI-5 = 71.5
US jobs growth beats estimates; ditto Canada; equity markets rise; China takes US to WTO; some metals retreat; EU gives Japan trade deal the green light; UST 10yr 2.84%; oil up, gold down; NZ$1 = 67.7 USc; TWI-5 = 71.5
7th Jul 18, 7:43am
14
US jobs growth beats estimates; ditto Canada; equity markets rise; China takes US to WTO; some metals retreat; EU gives Japan trade deal the green light; UST 10yr 2.84%; oil up, gold down; NZ$1 = 67.7 USc; TWI-5 = 71.5
US tariffs effective today; China will respond; Fed watching; US job growth hits bump; BIS warns on low rates; air travel in strong growth; RBA eyes housing turn; UST 10yr at 2.84%; oil and gold down; NZ$1 = 67.8 USc; TWI-5 = 71.2
6th Jul 18, 7:38am
32
US tariffs effective today; China will respond; Fed watching; US job growth hits bump; BIS warns on low rates; air travel in strong growth; RBA eyes housing turn; UST 10yr at 2.84%; oil and gold down; NZ$1 = 67.8 USc; TWI-5 = 71.2
New car sales growth may have topped out but there are still fast growing segments and shifts, moving us to a fleet of bigger, beefier personal transport
5th Jul 18, 2:11pm
15
New car sales growth may have topped out but there are still fast growing segments and shifts, moving us to a fleet of bigger, beefier personal transport
Airfreight volumes expand; WTO sees more restrictions; China services expand faster; OECD fingers 'superstar tech'; Aussie service sector cools; UST 10yr at 2.83%; oil and gold up; NZ$1 = 67.6 USc; TWI-5 = 71.1
5th Jul 18, 7:39am
8
Airfreight volumes expand; WTO sees more restrictions; China services expand faster; OECD fingers 'superstar tech'; Aussie service sector cools; UST 10yr at 2.83%; oil and gold up; NZ$1 = 67.6 USc; TWI-5 = 71.1
A review of things you need to know before you go home on Wednesday; no rate changes, buyers market for housing, KiwiBuild ballot criteria, land tax gets a booster, job ads sag, swaps stable, NZD up
4th Jul 18, 3:59pm
17
A review of things you need to know before you go home on Wednesday; no rate changes, buyers market for housing, KiwiBuild ballot criteria, land tax gets a booster, job ads sag, swaps stable, NZD up
WMP prices drop more than -7%; US factory activity rises, car sales up; US personal loans leap; ASIC raises flags on credit card debt standards; UST 10yr at 2.83%; oil and gold up; NZ$1 = 67.5 USc; TWI-5 = 70.9
4th Jul 18, 7:41am
26
WMP prices drop more than -7%; US factory activity rises, car sales up; US personal loans leap; ASIC raises flags on credit card debt standards; UST 10yr at 2.83%; oil and gold up; NZ$1 = 67.5 USc; TWI-5 = 70.9
A review of things you need to know before you go home on Tuesday; no rate changes, Shanghai in trouble again, businesses 'quietly unconfident', SUV's rule, asking prices drop, swaps stable, NZD down
3rd Jul 18, 3:59pm
8
A review of things you need to know before you go home on Tuesday; no rate changes, Shanghai in trouble again, businesses 'quietly unconfident', SUV's rule, asking prices drop, swaps stable, NZD down
Shanghai drops -2.5%; China external debt jumps; Mexico turns left; Merkel losing authority; Aussie worries grow; commodity prices wobble; UST 10yr at 2.87%; oil unchanged, gold drops; NZ$1 = 67 USc; TWI-5 = 70.6
3rd Jul 18, 7:42am
23
Shanghai drops -2.5%; China external debt jumps; Mexico turns left; Merkel losing authority; Aussie worries grow; commodity prices wobble; UST 10yr at 2.87%; oil unchanged, gold drops; NZ$1 = 67 USc; TWI-5 = 70.6
A review of things you need to know before you go home on Monday; many mortgage rate cuts, a TD rate hike, TPP gaining momentum again, India faces tumult, AU house prices slip, partisanship breeds distrust, swaps and NZD stable
2nd Jul 18, 3:59pm
3
A review of things you need to know before you go home on Monday; many mortgage rate cuts, a TD rate hike, TPP gaining momentum again, India faces tumult, AU house prices slip, partisanship breeds distrust, swaps and NZD stable
Kiwibank is the third bank to adopt 4.19% as its one year fixed home loan rate as the reductions keep coming at the popular end of the fixed term options
2nd Jul 18, 9:05am
7
Kiwibank is the third bank to adopt 4.19% as its one year fixed home loan rate as the reductions keep coming at the popular end of the fixed term options
US inflation hits +2.3%, confidence stutters; Canada tariffs US goods; EU inflation jumps; China cuts tariffs; Aussie new house sales fall; UST 10yr at 2.85%; oil unchanged, gold stops falling; NZ$1 = 67.7 USc; TWI-5 = 71.1
2nd Jul 18, 7:08am
49
US inflation hits +2.3%, confidence stutters; Canada tariffs US goods; EU inflation jumps; China cuts tariffs; Aussie new house sales fall; UST 10yr at 2.85%; oil unchanged, gold stops falling; NZ$1 = 67.7 USc; TWI-5 = 71.1