David Chaston

US data mixed; China sees some factory expansion; USD strength hurts many currencies; ETFs have spectacular year; UST 10yr at 4.55%; gold drops and oil firms; NZ$1 = 56.4 USc; TWI = 67

US data mixed; China sees some factory expansion; USD strength hurts many currencies; ETFs have spectacular year; UST 10yr at 4.55%; gold drops and oil firms; NZ$1 = 56.4 USc; TWI = 67

2025 is likely to be a year of rising risk, with 'blame', 'retaliation' and 'retribution' key policy drivers. How will we fare in these 'interesting times'? Time to record your 2025 predictions

2025 is likely to be a year of rising risk, with 'blame', 'retaliation' and 'retribution' key policy drivers. How will we fare in these 'interesting times'? Time to record your 2025 predictions

Financial markets reassess their risk profiles; China expects 'outsized stimulus'; coffee and cocoa prices return to record highs; UST 10yr at 4.63%; gold firm and oil little-changed; NZ$1 = 56.4 USc; TWI = 67

Financial markets reassess their risk profiles; China expects 'outsized stimulus'; coffee and cocoa prices return to record highs; UST 10yr at 4.63%; gold firm and oil little-changed; NZ$1 = 56.4 USc; TWI = 67

Wall Street stutters; China 'investigates' beef imports; China to dam India's Brahmaputra River; Korean political crisis deepens; UST 10yr at 4.61%; gold down and oil up; NZ$1 = 56.3 USc; TWI = 66.9

Wall Street stutters; China 'investigates' beef imports; China to dam India's Brahmaputra River; Korean political crisis deepens; UST 10yr at 4.61%; gold down and oil up; NZ$1 = 56.3 USc; TWI = 66.9

After the unwelcome 2023 run-up, mortgage rates eased back in 2024. We provide some perspective and look ahead to 2025

After the unwelcome 2023 run-up, mortgage rates eased back in 2024. We provide some perspective and look ahead to 2025

US data positive but benchmark interest rates rise; China works at getting stimulus funds out the door; Turkey makes unexpected rate cut; UST 10yr at 4.58%; gold and oil up; NZ$1 = 56.3 USc; TWI = 66.9

US data positive but benchmark interest rates rise; China works at getting stimulus funds out the door; Turkey makes unexpected rate cut; UST 10yr at 4.58%; gold and oil up; NZ$1 = 56.3 USc; TWI = 66.9

US data mixed; Honda & Nissan to merge; South Korea overtakes Japan in per capita GDP; China wants economists fired who don't talk positively; UST 10yr at 4.58%; gold and oil down; NZ$1 = 56.5 USc; TWI = 67

US data mixed; Honda & Nissan to merge; South Korea overtakes Japan in per capita GDP; China wants economists fired who don't talk positively; UST 10yr at 4.58%; gold and oil down; NZ$1 = 56.5 USc; TWI = 67

We share with readers our 2024 progress. More than 2½ mln people used our news and resources this year ...

We share with readers our 2024 progress. More than 2½ mln people used our news and resources this year ...

US avoids shutdown; US personal savings rate stabilises at good level; China uncomfortable at bond signals; Japanese inflation stays up; UST 10yr at 4.53%; gold dips and oil holds; NZ$1 = 56.7 USc; TWI = 67.1

US avoids shutdown; US personal savings rate stabilises at good level; China uncomfortable at bond signals; Japanese inflation stays up; UST 10yr at 4.53%; gold dips and oil holds; NZ$1 = 56.7 USc; TWI = 67.1

US shutdown circus rolls on; US inflation firms; Taiwan export orders rise; China bond yields dive; Japanese inflation firms; UST 10yr at 4.51%; gold up and oil holds; NZ$1 = 56.7 USc; TWI = 67.1

US shutdown circus rolls on; US inflation firms; Taiwan export orders rise; China bond yields dive; Japanese inflation firms; UST 10yr at 4.51%; gold up and oil holds; NZ$1 = 56.7 USc; TWI = 67.1

A review of things you need to know before you sign off on Friday; consumer sentiment rises, Willis talks deregulation & competition, trade deficit shrinks, no credit card stress signs yet, swaps lower, NZD holds low, & more

A review of things you need to know before you sign off on Friday; consumer sentiment rises, Willis talks deregulation & competition, trade deficit shrinks, no credit card stress signs yet, swaps lower, NZD holds low, & more

After the welcome 2023 run-up, term deposit rates eased back in 2024. We provide some perspective and look ahead to 2025

After the welcome 2023 run-up, term deposit rates eased back in 2024. We provide some perspective and look ahead to 2025

Chaos in Washington; US data wavers after a very good run; many central bank rate reviews; Aussie inflation expectations rise; freight rates up on tariff rush; UST 10yr at 4.59%; gold and oil down; NZ$1 = 56.5 USc; TWI = 67.1

Chaos in Washington; US data wavers after a very good run; many central bank rate reviews; Aussie inflation expectations rise; freight rates up on tariff rush; UST 10yr at 4.59%; gold and oil down; NZ$1 = 56.5 USc; TWI = 67.1

A review of things you need to know before you sign off on Thursday; just a whimper of retail rate changes, GDP dives, rental sector under stress, business sentiment high, Fed's hawkish cut echoes, swaps stable, NZD dumped, & more

A review of things you need to know before you sign off on Thursday; just a whimper of retail rate changes, GDP dives, rental sector under stress, business sentiment high, Fed's hawkish cut echoes, swaps stable, NZD dumped, & more

US Fed cuts policy rate again; Japanese exports rise; Binance Australia offends again; Aussie fiscal update released; Brazil devalues; UST 10yr at 4.40%; gold down and oil up; record coal use; NZ$1 = 57.2 USc; TWI = 67.4

US Fed cuts policy rate again; Japanese exports rise; Binance Australia offends again; Aussie fiscal update released; Brazil devalues; UST 10yr at 4.40%; gold down and oil up; record coal use; NZ$1 = 57.2 USc; TWI = 67.4

A review of things you need to know before you sign off on Wednesday; unsold properties choke housing market, current account and IIP stay poor, consumer sentiment firm, job ads stay weak, swaps and NZD stable, & much more

A review of things you need to know before you sign off on Wednesday; unsold properties choke housing market, current account and IIP stay poor, consumer sentiment firm, job ads stay weak, swaps and NZD stable, & much more

Dairy prices slip; US retail up, industrial production down; Canada's inflation eases; China agrees to huge budget deficit, US-style; Singapore exports up; UST 10yr at 4.39%; gold and oil soft; NZ$1 = 57.6 USc; TWI = 67.6

Dairy prices slip; US retail up, industrial production down; Canada's inflation eases; China agrees to huge budget deficit, US-style; Singapore exports up; UST 10yr at 4.39%; gold and oil soft; NZ$1 = 57.6 USc; TWI = 67.6

A review of things you need to know before you sign off on Tuesday; EOY rate changes, housing market mixed; Govt. can't deliver a surplus but does deliver for business, dairy farms back in profit, swaps stable, NZD holds, & more

A review of things you need to know before you sign off on Tuesday; EOY rate changes, housing market mixed; Govt. can't deliver a surplus but does deliver for business, dairy farms back in profit, swaps stable, NZD holds, & more

US service sector rises but factory sector faces downturn; cost of tariff policy in focus; Canadian stress; China data inconsistent; Indian imports surge; Aussie regulators active; UST 10yr at 4.40%; gold firm and oil soft; NZ$1 = 57.8 USc; TWI = 67.8

US service sector rises but factory sector faces downturn; cost of tariff policy in focus; Canadian stress; China data inconsistent; Indian imports surge; Aussie regulators active; UST 10yr at 4.40%; gold firm and oil soft; NZ$1 = 57.8 USc; TWI = 67.8

A review of things you need to know before you sign off on Monday; a few more small rate cuts, rents weak, PMI/PSI still contracting, tractor sales very low, deceptions punished, swap curves steepen, NZD holds, & more

A review of things you need to know before you sign off on Monday; a few more small rate cuts, rents weak, PMI/PSI still contracting, tractor sales very low, deceptions punished, swap curves steepen, NZD holds, & more

Eyes on the Fed, REINZ, and dairy prices; benchmark bond rates rise, except in China; China's new lending weak. more rate cuts coming; UST 10yr at 4.39%; gold down and oil up; NZ$1 = 57.6 USc; TWI = 67.6

Eyes on the Fed, REINZ, and dairy prices; benchmark bond rates rise, except in China; China's new lending weak. more rate cuts coming; UST 10yr at 4.39%; gold down and oil up; NZ$1 = 57.6 USc; TWI = 67.6

Bond yields rise fast everywhere, except China where they are diving; Canada factories busy; China bank lending low; UK GDP lower per capita; UST 10yr at 4.39%; gold down and oil up; NZ$1 = 57.6 USc; TWI = 67.6

Bond yields rise fast everywhere, except China where they are diving; Canada factories busy; China bank lending low; UK GDP lower per capita; UST 10yr at 4.39%; gold down and oil up; NZ$1 = 57.6 USc; TWI = 67.6

A review of things you need to know before you sign off on Friday; no retail rate changes, migration gains ease, construction inflation low, new GHG tool for farmers, new target to tackle child poverty, swaps soft, NZD soft, & more

A review of things you need to know before you sign off on Friday; no retail rate changes, migration gains ease, construction inflation low, new GHG tool for farmers, new target to tackle child poverty, swaps soft, NZD soft, & more

US jobless claims jump; US PPI rises; India data as expected; China readies trade-war defences; ECB cuts as expected; Swiss cut more; Aussie jobs rise; UST 10yr at 4.31%; gold down and oil slips; NZ$1 = 57.9 USc; TWI = 67.7

US jobless claims jump; US PPI rises; India data as expected; China readies trade-war defences; ECB cuts as expected; Swiss cut more; Aussie jobs rise; UST 10yr at 4.31%; gold down and oil slips; NZ$1 = 57.9 USc; TWI = 67.7

Non-bank deposit takers will be included in the Deposit Compensation Scheme starting in mid-2025. Our rate tables now identify these regulated financial institutions

Non-bank deposit takers will be included in the Deposit Compensation Scheme starting in mid-2025. Our rate tables now identify these regulated financial institutions