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.
Some banks are trimming term deposit rates, others offering attractive 'specials'. But the immediate trend is for lower rate offers, hurt by diving wholesale swap rates
Some banks are trimming term deposit rates, others offering attractive 'specials'. But the immediate trend is for lower rate offers, hurt by diving wholesale swap rates
US inflation at target; Canada growth up; EU confidence slips; air travel grows; Argentina and other EMs hit hard; China faces big rent hikes; UST 10yr at 2.86%; oil up, gold down; NZ$1 = 66.4 USc; TWI-5 = 70
US inflation at target; Canada growth up; EU confidence slips; air travel grows; Argentina and other EMs hit hard; China faces big rent hikes; UST 10yr at 2.86%; oil up, gold down; NZ$1 = 66.4 USc; TWI-5 = 70
A review of things you need to know before you go home on Thursday; no rate changes, business confidence falls, building consents fall except in Auckland, other construction mixed, methane effect sorted, swaps down, NZD drops
A review of things you need to know before you go home on Thursday; no rate changes, business confidence falls, building consents fall except in Auckland, other construction mixed, methane effect sorted, swaps down, NZD drops
US home sales slip; US Q2 growth confirmed at +2.9%; US company profits jump; Canada sees good NAFTA result; airfreight growth slips; Westpac under margin pressure; UST 10yr at 2.88%; oil up, gold unchanged; NZ$1 = 67.1 USc; TWI-5 = 70.7
US home sales slip; US Q2 growth confirmed at +2.9%; US company profits jump; Canada sees good NAFTA result; airfreight growth slips; Westpac under margin pressure; UST 10yr at 2.88%; oil up, gold unchanged; NZ$1 = 67.1 USc; TWI-5 = 70.7
A review of things you need to know before you go home on Wednesday; no rate changes, SuperCity's super result, cheap funding, fair dealing, moderate growth, no ammunition, swaps and NZD stable
A review of things you need to know before you go home on Wednesday; no rate changes, SuperCity's super result, cheap funding, fair dealing, moderate growth, no ammunition, swaps and NZD stable
US trade deficit leaps; US confidence up; Mexico's good NAFTA deal; China ends family planning; SEC tackles Moody's; ALP wants tax transparency; UST 10yr at 2.88%; oil and gold slip; NZ$1 = 67.3 USc; TWI-5 = 70.7
US trade deficit leaps; US confidence up; Mexico's good NAFTA deal; China ends family planning; SEC tackles Moody's; ALP wants tax transparency; UST 10yr at 2.88%; oil and gold slip; NZ$1 = 67.3 USc; TWI-5 = 70.7
A review of things you need to know before you go home on Tuesday; some term deposit rate changes, stocks jump except on the NZX, Aussies more confident, more TAG debt, swaps steepen, NZD stable
A review of things you need to know before you go home on Tuesday; some term deposit rate changes, stocks jump except on the NZX, Aussies more confident, more TAG debt, swaps steepen, NZD stable
Mexico and US agree NAFTA deal; German business sentiment rises; Turkey woes deepen; ditto Brazil; Malaysia blocks China; China profits rise; UST 10yr at 2.85%; oil and gold up; NZ$1 = 67 USc; TWI-5 = 70.5
Mexico and US agree NAFTA deal; German business sentiment rises; Turkey woes deepen; ditto Brazil; Malaysia blocks China; China profits rise; UST 10yr at 2.85%; oil and gold up; NZ$1 = 67 USc; TWI-5 = 70.5
A review of things you need to know before you go home on Monday; some Kiwibank rate changes, tenant protections signaled, Nikko AM gets robo advice ok, many retail misses, swaps up, NZD firmer
A review of things you need to know before you go home on Monday; some Kiwibank rate changes, tenant protections signaled, Nikko AM gets robo advice ok, many retail misses, swaps up, NZD firmer
Powell flags more rate rises; progress on NAFTA, but none with China; global trade growth stalls; steep hikes coming for marine insurance; UST 10yr at 2.82%, 2-10 curve slumps; oil and gold up; NZ$1 = 66.8 USc; TWI-5 = 70.5
Powell flags more rate rises; progress on NAFTA, but none with China; global trade growth stalls; steep hikes coming for marine insurance; UST 10yr at 2.82%, 2-10 curve slumps; oil and gold up; NZ$1 = 66.8 USc; TWI-5 = 70.5
S&P500 at record high; Powell 'on right track'; US durable goods orders fall; Mexico GDP slips; US-China trade talks make no progress; UST 10yr 2.82% but 2-10 curve under +20 bps; oil and gold up; NZ$1 = 66.9 USc; TWI-5 = 70.6
S&P500 at record high; Powell 'on right track'; US durable goods orders fall; Mexico GDP slips; US-China trade talks make no progress; UST 10yr 2.82% but 2-10 curve under +20 bps; oil and gold up; NZ$1 = 66.9 USc; TWI-5 = 70.6
A review of things you need to know before you go home on Friday; no rate changes, big trade deficit, more HNZ houses, new Aussie PM in spite of Murdoch manipulation, swap rates lower, NZD lower
A review of things you need to know before you go home on Friday; no rate changes, big trade deficit, more HNZ houses, new Aussie PM in spite of Murdoch manipulation, swap rates lower, NZD lower
US PMIs weaken; US new home sales slow; Japan and EU PMIs firm; China facing porcine swine flu risk; Australia facing something similar; UST 10yr down at 2.82%; oil and gold down; NZ$1 = 66.4 USc; TWI-5 = 70.3
US PMIs weaken; US new home sales slow; Japan and EU PMIs firm; China facing porcine swine flu risk; Australia facing something similar; UST 10yr down at 2.82%; oil and gold down; NZ$1 = 66.4 USc; TWI-5 = 70.3
A review of things you need to know before you go home on Thursday; no rate changes, ADHB gets lions share, NZTA to fully fund SkyPath, lower yields for NZGBs, Moody's cautious, swaps down, NZD softer
A review of things you need to know before you go home on Thursday; no rate changes, ADHB gets lions share, NZTA to fully fund SkyPath, lower yields for NZGBs, Moody's cautious, swaps down, NZD softer
US Fed on track for two more rate hikes; US home resales fall again, Canada retail sales dip, NAFTA progress; Aramco float collapses; UST 10yr down at 2.82%; oil up, gold unchanged; NZ$1 = 67 USc; TWI-5 = 70.6
US Fed on track for two more rate hikes; US home resales fall again, Canada retail sales dip, NAFTA progress; Aramco float collapses; UST 10yr down at 2.82%; oil up, gold unchanged; NZ$1 = 67 USc; TWI-5 = 70.6
A review of things you need to know before you go home on Wednesday; no rate changes, retail sales rise; LGFA tender brings a miss, farm sales weak, lifestyle block sales average, swaps slip, NZD firms
A review of things you need to know before you go home on Wednesday; no rate changes, retail sales rise; LGFA tender brings a miss, farm sales weak, lifestyle block sales average, swaps slip, NZD firms
Dairy prices fall -3.6%; the S&P500 hist new record high; China to set local govt bond issue risk rating at zero; Maersk gores north; UST 10yr at 2.82%; oil and gold firmer; NZ$1 = 66.3 USc; TWI-5 = 70.2
Dairy prices fall -3.6%; the S&P500 hist new record high; China to set local govt bond issue risk rating at zero; Maersk gores north; UST 10yr at 2.82%; oil and gold firmer; NZ$1 = 66.3 USc; TWI-5 = 70.2
A review of things you need to know before you go home on Tuesday; no rate changes, migration slows, tourism slows, log prices drop, credit card debt stops growing, K/S FUM concentrates, swaps slip, NZD firms
A review of things you need to know before you go home on Tuesday; no rate changes, migration slows, tourism slows, log prices drop, credit card debt stops growing, K/S FUM concentrates, swaps slip, NZD firms
A review of things you need to know before you go home on Wednesday; house prices ease, Westpac sees lower mortgage rates & higher prices, Fonterra changes top, swaps stable, NZD firms
A review of things you need to know before you go home on Wednesday; house prices ease, Westpac sees lower mortgage rates & higher prices, Fonterra changes top, swaps stable, NZD firms
How using bank apps locks you into excessively high spreads & fees when you convert money from or to NZ accounts & why direct negotiation will save you a bundle
How using bank apps locks you into excessively high spreads & fees when you convert money from or to NZ accounts & why direct negotiation will save you a bundle
US household debt rises modestly; China data slowing, new infrastructure projects approved; German growth lifts EU; Sydney vacancies bring falling rents; UST 10yr at 2.90%; oil and gold stable; NZ$1 = 65.8 USc; TWI-5 = 70.1
US household debt rises modestly; China data slowing, new infrastructure projects approved; German growth lifts EU; Sydney vacancies bring falling rents; UST 10yr at 2.90%; oil and gold stable; NZ$1 = 65.8 USc; TWI-5 = 70.1