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 Fed signals next rate hike; US data average; beefier tariffs coming from the US on China goods; India raises rates, Australia senses house price declines; UST 10yr at 3.00%; oil and gold drop; NZ$1 = 67.9 USc; TWI-5 = 71.4
2nd Aug 18, 7:36am
18
US Fed signals next rate hike; US data average; beefier tariffs coming from the US on China goods; India raises rates, Australia senses house price declines; UST 10yr at 3.00%; oil and gold drop; NZ$1 = 67.9 USc; TWI-5 = 71.4
A review of things you need to know before you go home on Wednesday; more TD rate cuts, jobless rate rises, house values move sideways, SMP prices rise, swaps and NZD little changed
1st Aug 18, 3:59pm
19
A review of things you need to know before you go home on Wednesday; more TD rate cuts, jobless rate rises, house values move sideways, SMP prices rise, swaps and NZD little changed
US income growth modest, PCE up +2.2%; Canada grows faster, Mexico & EU grow slower; China PMI expands slower; BofJ holds pat; UST 10yr at 2.96%; oil falls, gold firm; NZ$1 = 68.2 USc; TWI-5 = 71.6
1st Aug 18, 7:34am
1
US income growth modest, PCE up +2.2%; Canada grows faster, Mexico & EU grow slower; China PMI expands slower; BofJ holds pat; UST 10yr at 2.96%; oil falls, gold firm; NZ$1 = 68.2 USc; TWI-5 = 71.6
Rate cuts by ANZ reduce its one year rate to main-bank level low, but the reduction is masked by an eight month 'special' promoting Daffodil Day
31st Jul 18, 5:53pm
15
Rate cuts by ANZ reduce its one year rate to main-bank level low, but the reduction is masked by an eight month 'special' promoting Daffodil Day
A review of things you need to know before you go home on Tuesday; business confidence drops sharply, housing consent levels ease, debt growth slows, going after Chinese tourists hard, swaps up, NZD firms
31st Jul 18, 3:59pm
13
A review of things you need to know before you go home on Tuesday; business confidence drops sharply, housing consent levels ease, debt growth slows, going after Chinese tourists hard, swaps up, NZD firms
Tech drives Wall St lower; US pending home sales fall; German inflation settles; G20 Ag ministers sideline the US; Aussie mortgage rate moves diverge; UST 10yr at 2.98%; oil jumps while and gold unchanged; NZ$1 = 68.3 USc; TWI-5 = 71.6
31st Jul 18, 7:52am
41
Tech drives Wall St lower; US pending home sales fall; German inflation settles; G20 Ag ministers sideline the US; Aussie mortgage rate moves diverge; UST 10yr at 2.98%; oil jumps while and gold unchanged; NZ$1 = 68.3 USc; TWI-5 = 71.6
A review of things you need to know before you go home on Monday; TD rate changes, personal loan 'special', big construction pipeline, job ads rise, swaps & NZD stable
30th Jul 18, 3:59pm
4
A review of things you need to know before you go home on Monday; TD rate changes, personal loan 'special', big construction pipeline, job ads rise, swaps & NZD stable
Rate cuts at Kiwibank bring their term deposit offers to similar levels as their major rivals. Range between banks remains very narrow
30th Jul 18, 11:29am
Rate cuts at Kiwibank bring their term deposit offers to similar levels as their major rivals. Range between banks remains very narrow
US growth rate depends on how reported; Wall Street unimpressed; Chinese profits rise; UST 10yr at 2.96%; China developing own USD debt market; oil and gold slip; NZ$1 = 67.9 USc; TWI-5 = 71.3
30th Jul 18, 7:25am
9
US growth rate depends on how reported; Wall Street unimpressed; Chinese profits rise; UST 10yr at 2.96%; China developing own USD debt market; oil and gold slip; NZ$1 = 67.9 USc; TWI-5 = 71.3
Just as KiwiSaver fund balances start to rise to substantial levels, investors may need to focus on the changing economic landscape, possibly adjusting their portfolio allocations
29th Jul 18, 7:02am
8
Just as KiwiSaver fund balances start to rise to substantial levels, investors may need to focus on the changing economic landscape, possibly adjusting their portfolio allocations
Deficit spending juices US Q2 growth; core PCE lower; US savings rate revised up; Canadians tighten belts; China profits rise; Japan's banks cash problem; UST 10yr 2.96%; oil and gold down; NZ$1 = 68 USc; TWI-5 = 71.4
28th Jul 18, 8:55am
11
Deficit spending juices US Q2 growth; core PCE lower; US savings rate revised up; Canadians tighten belts; China profits rise; Japan's banks cash problem; UST 10yr 2.96%; oil and gold down; NZ$1 = 68 USc; TWI-5 = 71.4
A review of things you need to know before you go home on Friday; no rate changes, consumer confidence falls, overseas house buyers an Auckland central issue, Aussie migration; swap rates slip, NZD softer
27th Jul 18, 3:59pm
3
A review of things you need to know before you go home on Friday; no rate changes, consumer confidence falls, overseas house buyers an Auckland central issue, Aussie migration; swap rates slip, NZD softer
The aggressive KiwiSaver category grew 30% in a year as members chase upsized returns to build their retirement funds over the long run
27th Jul 18, 12:03pm
15
The aggressive KiwiSaver category grew 30% in a year as members chase upsized returns to build their retirement funds over the long run
Facebook thrashed; US trade deficit swells; US home ownership rises; China & Mexico make non-tariff retaliations; ECB winds down QE; Aussie regulators panned; UST 10yr at 2.98%; oil up and gold down; NZ$1 = 67.9 USc; TWI-5 = 71.4
27th Jul 18, 7:42am
6
Facebook thrashed; US trade deficit swells; US home ownership rises; China & Mexico make non-tariff retaliations; ECB winds down QE; Aussie regulators panned; UST 10yr at 2.98%; oil up and gold down; NZ$1 = 67.9 USc; TWI-5 = 71.4
A review of things you need to know before you go home on Thursday; NZCU South changes, NZGB yields fall, Banking Ombudsman fingers Kiwibank as the outlier, swaps unchanged, NZD higher
26th Jul 18, 3:59pm
13
A review of things you need to know before you go home on Thursday; NZCU South changes, NZGB yields fall, Banking Ombudsman fingers Kiwibank as the outlier, swaps unchanged, NZD higher
US new home sales fall; US budget deficit rises faster; EU-US trade talks assume failure; China embraces mortgage debt derivatives; Aussie inflation modest; UST 10yr at 2.94%; oil and gold up; NZ$1 = 68.2 USc; TWI-5 = 71.5
26th Jul 18, 7:32am
8
US new home sales fall; US budget deficit rises faster; EU-US trade talks assume failure; China embraces mortgage debt derivatives; Aussie inflation modest; UST 10yr at 2.94%; oil and gold up; NZ$1 = 68.2 USc; TWI-5 = 71.5
A review of things you need to know before you go home on Wednesday; home loan affordability improves, the trade deficit widens, mortgage interest paid rises, repayments fall, swaps unchanged, NZD steady
25th Jul 18, 3:59pm
12
A review of things you need to know before you go home on Wednesday; home loan affordability improves, the trade deficit widens, mortgage interest paid rises, repayments fall, swaps unchanged, NZD steady
Major PMIs mark time but prices rising; China plans major stimulus; EU targets internet profits; Australia focuses on big 4 accounting firms; UST 10yr at 2.95%; oil firmer, gold unchanged; NZ$1 = 68 USc; TWI-5 = 71.4
25th Jul 18, 7:32am
24
Major PMIs mark time but prices rising; China plans major stimulus; EU targets internet profits; Australia focuses on big 4 accounting firms; UST 10yr at 2.95%; oil firmer, gold unchanged; NZ$1 = 68 USc; TWI-5 = 71.4
A review of things you need to know before you go home on Tuesday; NZCU Baywide trims a rate, house auctions struggle, NZX misses out, BNZ warns, swaps rise & steepen, NZD stable
24th Jul 18, 3:59pm
8
A review of things you need to know before you go home on Tuesday; NZCU Baywide trims a rate, house auctions struggle, NZX misses out, BNZ warns, swaps rise & steepen, NZD stable
The small Conservative KiwiSaver category is growing fast and David Chaston can't work out why investors have directed $2.7 bln that way
24th Jul 18, 12:04pm
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The small Conservative KiwiSaver category is growing fast and David Chaston can't work out why investors have directed $2.7 bln that way
Wall Street senses rate rises, QE changes; US home sales drop as prices rise; Canada wholesale trade jumps; China launches targeted stimulus; UST 10yr at 2.97%; oil and gold down; NZ$1 = 67.8 USc; TWI-5 = 71.3
24th Jul 18, 7:29am
11
Wall Street senses rate rises, QE changes; US home sales drop as prices rise; Canada wholesale trade jumps; China launches targeted stimulus; UST 10yr at 2.97%; oil and gold down; NZ$1 = 67.8 USc; TWI-5 = 71.3
A review of things you need to know before you go home on Monday; UDC rate change, real estate agent commission update, improvements to Key Bank Metrics tool, swaps up, NZD firms
23rd Jul 18, 3:59pm
9
A review of things you need to know before you go home on Monday; UDC rate change, real estate agent commission update, improvements to Key Bank Metrics tool, swaps up, NZD firms
The anxieties over our overseas debt obligations have faded significantly over the past generation. David Chaston updates the data and explores why we are less worried now
23rd Jul 18, 7:32am
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The anxieties over our overseas debt obligations have faded significantly over the past generation. David Chaston updates the data and explores why we are less worried now
Canada inflation rises, rise of Aussie shadow banking; Singapore & Hong Kong add housing restrictions; UST 10yr at 2.90%; oil and gold up; copper down again; NZ$1 = 68.2 USc; TWI-5 = 71.5
23rd Jul 18, 7:28am
9
Canada inflation rises, rise of Aussie shadow banking; Singapore & Hong Kong add housing restrictions; UST 10yr at 2.90%; oil and gold up; copper down again; NZ$1 = 68.2 USc; TWI-5 = 71.5
Trump threatens tariffs on all US-China imports; markets react; Fitch warns; G20 seethes; shadow banks rush for Aussie opportunities; UST 10yr 2.89%; oil up, gold up; NZ$1 = 68.2 USc; TWI-5 = 71.5
21st Jul 18, 9:01am
26
Trump threatens tariffs on all US-China imports; markets react; Fitch warns; G20 seethes; shadow banks rush for Aussie opportunities; UST 10yr 2.89%; oil up, gold up; NZ$1 = 68.2 USc; TWI-5 = 71.5