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 C/A deficit drops, US housing starts wobble; BoJ sits pat; trade war lull between battles; EU car sales jump; global poverty drops; UST 10yr at 3.08%; oil and gold up; NZ$1 = 66.2 USc; TWI-5 = 69.8
20th Sep 18, 7:41am
12
US C/A deficit drops, US housing starts wobble; BoJ sits pat; trade war lull between battles; EU car sales jump; global poverty drops; UST 10yr at 3.08%; oil and gold up; NZ$1 = 66.2 USc; TWI-5 = 69.8
A review of things you need to know before you go home on Wednesday; another mortgage cut, dairy prices lower, confidence down, C/A weakens, jobs growth slows, swaps and NZD firm
19th Sep 18, 3:59pm
30
A review of things you need to know before you go home on Wednesday; another mortgage cut, dairy prices lower, confidence down, C/A weakens, jobs growth slows, swaps and NZD firm
Dairy prices fall yet again; US and China fight on tariffs; markets yawn; China swine fever crisis grows; world car maket stable; CBA dumps SMSF property lending; UST 10yr at 3.05%; oil up and gold down; NZ$1 = 65.8 USc; TWI-5 = 69.6
19th Sep 18, 7:47am
20
Dairy prices fall yet again; US and China fight on tariffs; markets yawn; China swine fever crisis grows; world car maket stable; CBA dumps SMSF property lending; UST 10yr at 3.05%; oil up and gold down; NZ$1 = 65.8 USc; TWI-5 = 69.6
A review of things you need to know before you go home on Tuesday; Co-op Bank trims some TD rates, auction updates, polytech bailouts, more bonds coming, more hotels too, swaps up & steeper, NZD stable
18th Sep 18, 3:59pm
12
A review of things you need to know before you go home on Tuesday; Co-op Bank trims some TD rates, auction updates, polytech bailouts, more bonds coming, more hotels too, swaps up & steeper, NZD stable
Key US factory survey stumbles; EU inflation dips; Canada house sales fall; G20 growth stable; China turns away from trade talks; UST 10yr at 3.00%; oil down and gold up; NZ$1 = 65.8 USc; TWI-5 = 69.5
18th Sep 18, 7:41am
45
Key US factory survey stumbles; EU inflation dips; Canada house sales fall; G20 growth stable; China turns away from trade talks; UST 10yr at 3.00%; oil down and gold up; NZ$1 = 65.8 USc; TWI-5 = 69.5
A review of things you need to know before you go home on Monday; Heartland trims TD rates, PSI jobs contract, Harcourts finds soft prices, Shipley faces court, more bond issues, swaps firm, NZD stable
17th Sep 18, 3:59pm
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A review of things you need to know before you go home on Monday; Heartland trims TD rates, PSI jobs contract, Harcourts finds soft prices, Shipley faces court, more bond issues, swaps firm, NZD stable
US retail sales growth slows, ditto factory production and imports; EU trade balance lower; Russia and Indonesia feel the pinch; China slows, turns to houses; UST 10yr at 3.00%; oil and gold prices fall; NZ$1 = 65.5 USc; TWI-5 = 69.4
17th Sep 18, 7:05am
10
US retail sales growth slows, ditto factory production and imports; EU trade balance lower; Russia and Indonesia feel the pinch; China slows, turns to houses; UST 10yr at 3.00%; oil and gold prices fall; NZ$1 = 65.5 USc; TWI-5 = 69.4
The updated RLB survey of construction cranes shows rising growth in Auckland, and resurgent growth in Christchurch
16th Sep 18, 12:05pm
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The updated RLB survey of construction cranes shows rising growth in Auckland, and resurgent growth in Christchurch
Core US data soft, but confidence up; EU trade balance shrinks; Russia hikes rates; Trump wants more tariffs; China data soft; Indonesia delays projects; UST 10yr 3.00%; oil and gold down; NZ$1 = 65.5 USc; TWI-5 = 69.4
15th Sep 18, 8:47am
2
Core US data soft, but confidence up; EU trade balance shrinks; Russia hikes rates; Trump wants more tariffs; China data soft; Indonesia delays projects; UST 10yr 3.00%; oil and gold down; NZ$1 = 65.5 USc; TWI-5 = 69.4
A review of things you need to know before you go home on Friday; many rate changes, factories glum, KiwiSaver matures, NZD trading volumes jump, swaps steepen, NZD rises
14th Sep 18, 3:59pm
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A review of things you need to know before you go home on Friday; many rate changes, factories glum, KiwiSaver matures, NZD trading volumes jump, swaps steepen, NZD rises
Three more banks lower their home loan rates but only to levels in the middle of the pack - and one of them lowers term deposit rates as well
14th Sep 18, 10:29am
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Three more banks lower their home loan rates but only to levels in the middle of the pack - and one of them lowers term deposit rates as well
US inflation eases; US federal deficit jumps to -4.5% of GDP; ECB lowers growth forecast; Turkey hikes rates sharply; UST 10yr at 2.97%; oil and gold prices fall; NZ$1 = 65.7 USc; TWI-5 = 69.3
14th Sep 18, 7:42am
12
US inflation eases; US federal deficit jumps to -4.5% of GDP; ECB lowers growth forecast; Turkey hikes rates sharply; UST 10yr at 2.97%; oil and gold prices fall; NZ$1 = 65.7 USc; TWI-5 = 69.3
A review of things you need to know before you go home on Thursday; no rate changes; Fonterra reports first loss, house prices flat-line, food prices down, Council pay up, swap rates stable, NZD firm
13th Sep 18, 3:59pm
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A review of things you need to know before you go home on Thursday; no rate changes; Fonterra reports first loss, house prices flat-line, food prices down, Council pay up, swap rates stable, NZD firm
US Fed sees trade cutbacks, more rate hikes; US PPI falls; EU factory production falls; euro as reserve currency; China pumps in liquidity; UST 10yr at 2.98%; oil and gold up sharply; NZ$1 = 65.6 USc; TWI-5 = 69.4
13th Sep 18, 7:34am
29
US Fed sees trade cutbacks, more rate hikes; US PPI falls; EU factory production falls; euro as reserve currency; China pumps in liquidity; UST 10yr at 2.98%; oil and gold up sharply; NZ$1 = 65.6 USc; TWI-5 = 69.4
A review of things you need to know before you go home on Wednesday; many rate changes, accommodation shadow, high petrol prices, Aussie confidence fall, swaps inch up, NZD low
12th Sep 18, 3:59pm
10
A review of things you need to know before you go home on Wednesday; many rate changes, accommodation shadow, high petrol prices, Aussie confidence fall, swaps inch up, NZD low
US data supportive; Canada housing starts fall; German investors less negative; China car sales drop; Aussie drought bites crop estimates; UST 10yr at 2.98%; oil up sharply, gold unchanged; NZ$1 = 65.1 USc; TWI-5 = 69.1
12th Sep 18, 7:48am
10
US data supportive; Canada housing starts fall; German investors less negative; China car sales drop; Aussie drought bites crop estimates; UST 10yr at 2.98%; oil up sharply, gold unchanged; NZ$1 = 65.1 USc; TWI-5 = 69.1
TSB takes a sharp pencil to home loan rates three years and longer. ANZ reduces most of its rates, but none market leading
11th Sep 18, 6:39pm
51
TSB takes a sharp pencil to home loan rates three years and longer. ANZ reduces most of its rates, but none market leading
A review of things you need to know before you go home on Tuesday; no rate changes, truckometer mixed, inflation rises, petrol eats up retail sales, electricity reviewed, swaps and NZD becalmed
11th Sep 18, 3:59pm
18
A review of things you need to know before you go home on Tuesday; no rate changes, truckometer mixed, inflation rises, petrol eats up retail sales, electricity reviewed, swaps and NZD becalmed
US consumer credit grows strongly; Fed officials turn hawkish; China CPI rises; EU sentiment dips; Japan sentiment up; RBA warns local system risks are high; UST 10yr at 2.94%; oil and gold unchanged; NZ$1 = 65.2 USc; TWI-5 = 69.2
11th Sep 18, 7:36am
20
US consumer credit grows strongly; Fed officials turn hawkish; China CPI rises; EU sentiment dips; Japan sentiment up; RBA warns local system risks are high; UST 10yr at 2.94%; oil and gold unchanged; NZ$1 = 65.2 USc; TWI-5 = 69.2
A review of things you need to know before you go home on Monday; some rate changes, 5 mln closer, weaker manufacturing, weaker commercial vehicle sales, soaking up cheap money, swaps unchanged, NZD soft
10th Sep 18, 3:59pm
14
A review of things you need to know before you go home on Monday; some rate changes, 5 mln closer, weaker manufacturing, weaker commercial vehicle sales, soaking up cheap money, swaps unchanged, NZD soft
US jobs up in one survey, down in another; ditto Canada; China trade surplus shrinks, except with the US; Trump threatens total tariffs; another Aussie rort; UST 10yr at 2.94%; oil unchanged, gold softer; NZ$1 = 65.4 USc; TWI-5 = 69.4
10th Sep 18, 7:14am
8
US jobs up in one survey, down in another; ditto Canada; China trade surplus shrinks, except with the US; Trump threatens total tariffs; another Aussie rort; UST 10yr at 2.94%; oil unchanged, gold softer; NZ$1 = 65.4 USc; TWI-5 = 69.4
David Chaston probes current bank margins to swap rates to check whether banks are using the latest falling interest rate environment to fatten their margins
8th Sep 18, 9:31am
4
David Chaston probes current bank margins to swap rates to check whether banks are using the latest falling interest rate environment to fatten their margins
US job gains undermined by detail; Canada job losses mask F/T gains; Mexico inflation up; EU growth down; China reserves steady; US makes new trade threats; UST 10yr 2.85; oil up, gold down; NZ$1 = 65.4 USc; TWI-5 = 69.4
8th Sep 18, 8:12am
13
US job gains undermined by detail; Canada job losses mask F/T gains; Mexico inflation up; EU growth down; China reserves steady; US makes new trade threats; UST 10yr 2.85; oil up, gold down; NZ$1 = 65.4 USc; TWI-5 = 69.4
A review of things you need to know before you go home on Friday; ASB cuts rates for mortgages and term deposits, FMA sees trust crisis, wholesale trade jumps, household net worth growth dips, swaps and NZD slip
7th Sep 18, 3:59pm
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A review of things you need to know before you go home on Friday; ASB cuts rates for mortgages and term deposits, FMA sees trust crisis, wholesale trade jumps, household net worth growth dips, swaps and NZD slip
ASB trims a range of term deposit rates, in most cases matching their main rivals, focusing on terms of 18 months and longer
7th Sep 18, 11:15am
ASB trims a range of term deposit rates, in most cases matching their main rivals, focusing on terms of 18 months and longer