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
David Chaston explains why current economic growth is probably as good as it will get. There aren't many more workers who can participate & we need large, long-term business investment to change productivity
19th Mar 18, 11:13am
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David Chaston explains why current economic growth is probably as good as it will get. There aren't many more workers who can participate & we need large, long-term business investment to change productivity
US housing starts slump; US consumer confidence up; China reduces UST holdings; China rail volume growth slips; BEPS gets serious; ASEAN resists China's B&R risks; UST 10yr at 2.85%; oil up, gold down; NZ$1 = 72.2 USc; TWI-5 = 73.4
19th Mar 18, 7:24am
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US housing starts slump; US consumer confidence up; China reduces UST holdings; China rail volume growth slips; BEPS gets serious; ASEAN resists China's B&R risks; UST 10yr at 2.85%; oil up, gold down; NZ$1 = 72.2 USc; TWI-5 = 73.4
US housing starts drop; US confidence rises, but so does worry; China avoids new property taxes; China rail volumes rise; OECD sets new BEPS target; UST 10yr 2.85%; oil up and gold down; NZ$1 = 72.1 USc; TWI-5 = 73.3
17th Mar 18, 8:35am
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US housing starts drop; US confidence rises, but so does worry; China avoids new property taxes; China rail volumes rise; OECD sets new BEPS target; UST 10yr 2.85%; oil up and gold down; NZ$1 = 72.1 USc; TWI-5 = 73.3
A review of things you need to know before you go home on Friday; ANZ changes TD rates, PMI average, mortgage brokers face wrath, NZGBs held by foreigners at 6yr low; swaps lower, NZD down
16th Mar 18, 3:59pm
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A review of things you need to know before you go home on Friday; ANZ changes TD rates, PMI average, mortgage brokers face wrath, NZGBs held by foreigners at 6yr low; swaps lower, NZD down
US Fed regions humming; US imports booming; NAFTA to survive with the US; Canada housing stumbles; China conglomerates with cash woes; Aussie inquiry digs at detail; UST 10yr at 2.82%; oil up, gold down; NZ$1 = 72.8 USc; TWI-5 = 73.8
16th Mar 18, 7:49am
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US Fed regions humming; US imports booming; NAFTA to survive with the US; Canada housing stumbles; China conglomerates with cash woes; Aussie inquiry digs at detail; UST 10yr at 2.82%; oil up, gold down; NZ$1 = 72.8 USc; TWI-5 = 73.8
US deficits and debt grows; IMF sees productivity the main problem; Japan scandal; London house prices fall; EU to 'stand up to bullies'; UST 10yr at 2.87%; oil and gold drop; NZ$1 = 72.9 USc; TWI-5 = 73.9
13th Mar 18, 7:33am
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US deficits and debt grows; IMF sees productivity the main problem; Japan scandal; London house prices fall; EU to 'stand up to bullies'; UST 10yr at 2.87%; oil and gold drop; NZ$1 = 72.9 USc; TWI-5 = 73.9
In a lacklustre real estate and mortgage market, another bank cuts a key rate to generate some momentum and snare some market share even as funding costs remain stable
10th Mar 18, 11:07am
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In a lacklustre real estate and mortgage market, another bank cuts a key rate to generate some momentum and snare some market share even as funding costs remain stable
US employment surges but wage gain rate slips; Canada jobs sag; China CPI jumps, PPI off the boil; China new loan growth crashes; UST 10yr 2.89; oil up and gold unchanged; NZ$1 = 72.9 USc; TWI-5 = 74
10th Mar 18, 8:48am
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US employment surges but wage gain rate slips; Canada jobs sag; China CPI jumps, PPI off the boil; China new loan growth crashes; UST 10yr 2.89; oil up and gold unchanged; NZ$1 = 72.9 USc; TWI-5 = 74
China exports surge; US waters down tariff talk; Japan C/A surplus jumps, growth revised up; US household debt rises; air travel growth sags; UST 10yr at 2.86%; oil and gold drop; NZ$1 = 72.6 USc; TWI-5 = 73.7
9th Mar 18, 7:25am
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China exports surge; US waters down tariff talk; Japan C/A surplus jumps, growth revised up; US household debt rises; air travel growth sags; UST 10yr at 2.86%; oil and gold drop; NZ$1 = 72.6 USc; TWI-5 = 73.7
A review of things you need to know before you go home on Thursday; Truckometer gives mixed Q1-18 signals, provincial rents jump, banks extract 78% of profits, swap rates & NZD stable, bitcoin slumps
8th Mar 18, 3:59pm
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A review of things you need to know before you go home on Thursday; Truckometer gives mixed Q1-18 signals, provincial rents jump, banks extract 78% of profits, swap rates & NZD stable, bitcoin slumps
US payrolls rising, but productivity flat; US trade deficit swells; global airfreight booms; China FX reserves slip; EU grows +2.7%; UST 10yr at 2.87%; oil and gold drop; NZ$1 = 72.6 USc; TWI-5 = 73.6
8th Mar 18, 7:36am
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US payrolls rising, but productivity flat; US trade deficit swells; global airfreight booms; China FX reserves slip; EU grows +2.7%; UST 10yr at 2.87%; oil and gold drop; NZ$1 = 72.6 USc; TWI-5 = 73.6
A review of things you need to know before you go home on Wednesday; a TD rate rise, Govt tax surplus leaps, wholesale trade strong, residential building weak, rates up, AU GDP underwhelms, swaps unchanged, NZD rises
7th Mar 18, 3:59pm
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A review of things you need to know before you go home on Wednesday; a TD rate rise, Govt tax surplus leaps, wholesale trade strong, residential building weak, rates up, AU GDP underwhelms, swaps unchanged, NZD rises
Dairy prices hold; US durable goods orders fall; OECD inflation slips; China now 20% of world economy; China shadow banking 15% of global total; UST 10yr at 2.89%; oil unchanged, gold up; NZ$1 = 73 USc; TWI-5 = 73.9
7th Mar 18, 7:44am
14
Dairy prices hold; US durable goods orders fall; OECD inflation slips; China now 20% of world economy; China shadow banking 15% of global total; UST 10yr at 2.89%; oil unchanged, gold up; NZ$1 = 73 USc; TWI-5 = 73.9
A review of things you need to know before you go home on Tuesday; BNZ drops mortgage rate, used import sales fall, public housing levels rise, Census return due, Aussie C/A deficit falls, swaps rise, NZD stable
6th Mar 18, 3:59pm
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A review of things you need to know before you go home on Tuesday; BNZ drops mortgage rate, used import sales fall, public housing levels rise, Census return due, Aussie C/A deficit falls, swaps rise, NZD stable
Bank of 'Let's Do It' sets a 4.49% two year fixed mortgage rate, about -16 bps lower than all its main rivals but still above both HSBC and TSB
6th Mar 18, 9:52am
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Bank of 'Let's Do It' sets a 4.49% two year fixed mortgage rate, about -16 bps lower than all its main rivals but still above both HSBC and TSB
US truck sales leap; non-OPEC oil output jumps; US tariff policy in turmoil; Italy in hung result; China outbound tourism up +7%; UST 10yr at 2.89%; oil up, gold down; NZ$1 = 72.3 USc; TWI-5 = 73.4
6th Mar 18, 7:30am
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US truck sales leap; non-OPEC oil output jumps; US tariff policy in turmoil; Italy in hung result; China outbound tourism up +7%; UST 10yr at 2.89%; oil up, gold down; NZ$1 = 72.3 USc; TWI-5 = 73.4
A review of things you need to know before you go home on Monday; TD rate changes, higher commodity prices, Drury moves on, Shortt moves up, WMP prices fragile, swaps firm, NZD up
5th Mar 18, 3:59pm
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A review of things you need to know before you go home on Monday; TD rate changes, higher commodity prices, Drury moves on, Shortt moves up, WMP prices fragile, swaps firm, NZD up
When we hear about household debt stress, David Chaston wonders whether we are looking at the most relevant data. Household budgets will only be stressed when the servicing costs rise
5th Mar 18, 10:54am
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When we hear about household debt stress, David Chaston wonders whether we are looking at the most relevant data. Household budgets will only be stressed when the servicing costs rise
US car sales fall; US car loan rates rise; Canada GDP disappoints; Japan jobless very low; China CPI jump expected; Germany decides, Italy deciding; UST 10yr at 2.87%; oil and gold up; NZ$1 = 72.4 USc; TWI-5 = 73.5
5th Mar 18, 7:31am
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US car sales fall; US car loan rates rise; Canada GDP disappoints; Japan jobless very low; China CPI jump expected; Germany decides, Italy deciding; UST 10yr at 2.87%; oil and gold up; NZ$1 = 72.4 USc; TWI-5 = 73.5
We launch a new calculator that figures out the true "cost of credit" of a loan contract, simple to use but revealing (and sometimes disturbing)
3rd Mar 18, 9:42am
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We launch a new calculator that figures out the true "cost of credit" of a loan contract, simple to use but revealing (and sometimes disturbing)
Trump tweets 'Trade wars are good'; Canada GDP growth soft; Japan jobless low; eyes on Italy's election; NZ car sales level off; UST 10yr 2.86%; Fear index higher; oil down and gold up; NZ$1 = 72.3 USc; TWI-5 = 73.4
3rd Mar 18, 9:04am
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Trump tweets 'Trade wars are good'; Canada GDP growth soft; Japan jobless low; eyes on Italy's election; NZ car sales level off; UST 10yr 2.86%; Fear index higher; oil down and gold up; NZ$1 = 72.3 USc; TWI-5 = 73.4
A review of things you need to know before you go home on Friday; no rate changes, confidence up, Auckland building consents rise, costs jump, ANZ profit high, swaps lower, NZD stable
2nd Mar 18, 3:59pm
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A review of things you need to know before you go home on Friday; no rate changes, confidence up, Auckland building consents rise, costs jump, ANZ profit high, swaps lower, NZD stable
US PCE up; factories worldwide expanding solidly; US to impose new tariffs; China has 100 mln businesses; APRA sees end of investor speed limit; UST 10yr at 2.84%; oil and gold down sharply; NZ$1 = 72.5 USc; TWI-5 = 73.9
2nd Mar 18, 7:41am
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US PCE up; factories worldwide expanding solidly; US to impose new tariffs; China has 100 mln businesses; APRA sees end of investor speed limit; UST 10yr at 2.84%; oil and gold down sharply; NZ$1 = 72.5 USc; TWI-5 = 73.9
A review of things you need to know before you go home on Thursday; Westpac ups TD rates, job ads slip, terms of trade very high, KiwiSaver funds worth $47 bln; swaps lower & flatter, NZD slips
1st Mar 18, 3:59pm
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A review of things you need to know before you go home on Thursday; Westpac ups TD rates, job ads slip, terms of trade very high, KiwiSaver funds worth $47 bln; swaps lower & flatter, NZD slips
US growth sags; US home sales drop; US car sales lower; US threatens new tariffs on China; China PMIs slump; India growth up; EU inflation down; UST 10yr at 2.89%; oil down, gold up; NZ$1 = 72.3 USc; TWI-5 = 73.6
1st Mar 18, 7:41am
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US growth sags; US home sales drop; US car sales lower; US threatens new tariffs on China; China PMIs slump; India growth up; EU inflation down; UST 10yr at 2.89%; oil down, gold up; NZ$1 = 72.3 USc; TWI-5 = 73.6