David Chaston

New Zealand benchmark yields are now lower than US equivalents, and even Australian ones. It's highly unusual. We reveal what is happening and search for reasons and drivers

New Zealand benchmark yields are now lower than US equivalents, and even Australian ones. It's highly unusual. We reveal what is happening and search for reasons and drivers

NAFTA talks get uncertain near deadline; Canada jobs stall but wages jump; China new loans up +7.2%; Symantec stock plunges on unknown but big issue; UST 10yr 2.97%; oil up, gold unchanged; NZ$1 = 69.7 USc; TWI-5 = 72.2

NAFTA talks get uncertain near deadline; Canada jobs stall but wages jump; China new loans up +7.2%; Symantec stock plunges on unknown but big issue; UST 10yr 2.97%; oil up, gold unchanged; NZ$1 = 69.7 USc; TWI-5 = 72.2

A review of things you need to know before you go home on Friday; BNZ raises a home loan rate; house price trend still up; PMI's expand; swap rates down; NZD up

A review of things you need to know before you go home on Friday; BNZ raises a home loan rate; house price trend still up; PMI's expand; swap rates down; NZD up

US CPI up +2.5%, UST ups issuance pace; UST yield premiums grow; China CPI unchanged at +1.8%; cash being dethroned; UST 10yr at 2.97%; oil and gold up; NZ$1 = 69.6 USc; TWI-5 = 72.2

US CPI up +2.5%, UST ups issuance pace; UST yield premiums grow; China CPI unchanged at +1.8%; cash being dethroned; UST 10yr at 2.97%; oil and gold up; NZ$1 = 69.6 USc; TWI-5 = 72.2

A review of things you need to know before you go home on Thursday: ASB cuts mortgage rates, Orr's presentation shines, more tourists use more rooms, ANZ kowtows, China inflation slips, swap rates drop, NZD falls

A review of things you need to know before you go home on Thursday: ASB cuts mortgage rates, Orr's presentation shines, more tourists use more rooms, ANZ kowtows, China inflation slips, swap rates drop, NZD falls

ASB reduces two fixed home loan rates, taking its fixed three year offer to a market leading 4.79%. The Co-operative Bank also trims some rates

ASB reduces two fixed home loan rates, taking its fixed three year offer to a market leading 4.79%. The Co-operative Bank also trims some rates

Wall Street up on rising oil prices; Canada building permits rise; Japan wage inflation jumps; Aussies cut ASIC's budget; eyes on Orr; UST 10yr at 3.01%; oil up, gold down; NZ$1 = 69.9 USc; TWI-5 = 72.7

Wall Street up on rising oil prices; Canada building permits rise; Japan wage inflation jumps; Aussies cut ASIC's budget; eyes on Orr; UST 10yr at 3.01%; oil up, gold down; NZ$1 = 69.9 USc; TWI-5 = 72.7

A review of things you need to know before you go home on Wednesday; Co-op Bank cuts mortgage rates, retail sales drop, renting gets tougher, less concrete poured, what we owe Australia, swaps up, NZD down

A review of things you need to know before you go home on Wednesday; Co-op Bank cuts mortgage rates, retail sales drop, renting gets tougher, less concrete poured, what we owe Australia, swaps up, NZD down

Despite all the talk of big public infrastructure projects, the construction industry seems to be in a downward track with significantly less concrete being poured in the first quarter of 2018

Despite all the talk of big public infrastructure projects, the construction industry seems to be in a downward track with significantly less concrete being poured in the first quarter of 2018

US job openings rise; Canada housing starts fall; China trade surplus up; Swiss jobless rate down; Argentina needs IMF support; AU Budget delivers tax cuts; UST 10yr at 2.97%; oil down, gold up; NZ$1 = 69.7 USc; TWI-5 = 72.5

US job openings rise; Canada housing starts fall; China trade surplus up; Swiss jobless rate down; Argentina needs IMF support; AU Budget delivers tax cuts; UST 10yr at 2.97%; oil down, gold up; NZ$1 = 69.7 USc; TWI-5 = 72.5

A review of things you need to know before you go home on Tuesday; some rate changes, Truckometer sags, inflation pulls back, ANZ cuts fees but not spreads, peak cow, not-peak tourist, swaps slip, NZD stable

A review of things you need to know before you go home on Tuesday; some rate changes, Truckometer sags, inflation pulls back, ANZ cuts fees but not spreads, peak cow, not-peak tourist, swaps slip, NZD stable

US consumer credit growth sags; China FX reserves dip; OECD household incomes up; eyes on Aust Budget; UST 10yr at 2.95%; oil above US$70/bbl; gold unchanged; NZ$1 = 70.2 USc; TWI-5 = 72.8

US consumer credit growth sags; China FX reserves dip; OECD household incomes up; eyes on Aust Budget; UST 10yr at 2.95%; oil above US$70/bbl; gold unchanged; NZ$1 = 70.2 USc; TWI-5 = 72.8

A review of things you need to know before you go home on Monday; no rate changes, Westpac's profit rises, Fitch downgrades ASB outlook, steal $240K & get home detention, swaps slip, NZD up

A review of things you need to know before you go home on Monday; no rate changes, Westpac's profit rises, Fitch downgrades ASB outlook, steal $240K & get home detention, swaps slip, NZD up

We look at where our KiwiSaver funds are held, finding more than half are in growth-type funds and two thirds are in bank-controlled schemes

We look at where our KiwiSaver funds are held, finding more than half are in growth-type funds and two thirds are in bank-controlled schemes

US payrolls grow modestly; Apple stars, Buffet posts huge loss; US-China trade talks unresolved; China suffers current account deficit; Argentina hikes again; UST 10yr at 2.95%; oil and gold up; NZ$1 = 70.2 USc; TWI-5 = 72.7

US payrolls grow modestly; Apple stars, Buffet posts huge loss; US-China trade talks unresolved; China suffers current account deficit; Argentina hikes again; UST 10yr at 2.95%; oil and gold up; NZ$1 = 70.2 USc; TWI-5 = 72.7

US jobs report mixed; US-China talks rocky; China gets rare current account deficit; Swiss not keen; Argentina hikes again; UST 10yr 2.95%; oil up, gold unchanged; NZ$1 = 70.2 USc; TWI-5 = 72.7

US jobs report mixed; US-China talks rocky; China gets rare current account deficit; Swiss not keen; Argentina hikes again; UST 10yr 2.95%; oil up, gold unchanged; NZ$1 = 70.2 USc; TWI-5 = 72.7

A review of things you need to know before you go home on Friday; Westpac cuts a mortgage rate, Harmoney raises most rates, cuts a fee, used car imports fall, new bond issues, swaps slip, NZD rises

A review of things you need to know before you go home on Friday; Westpac cuts a mortgage rate, Harmoney raises most rates, cuts a fee, used car imports fall, new bond issues, swaps slip, NZD rises

US trade deficit falls; Canada trade deficit rises; airtravel rises strongly; Swiss toy with banking change; Argentina hikes again; advice costs jump in Aust.; UST 10yr at 2.95%; oil and gold up; NZ$1 = 70.4 USc; TWI-5 = 72.9

US trade deficit falls; Canada trade deficit rises; airtravel rises strongly; Swiss toy with banking change; Argentina hikes again; advice costs jump in Aust.; UST 10yr at 2.95%; oil and gold up; NZ$1 = 70.4 USc; TWI-5 = 72.9

A review of things you need to know before you go home on Thursday; Westpac changes some TD rates, B&T has tame report, job ads weaker, commodity prices stronger, swaps steeper

A review of things you need to know before you go home on Thursday; Westpac changes some TD rates, B&T has tame report, job ads weaker, commodity prices stronger, swaps steeper

US Fed unchanged but June hike expected; UST debt issuance jumps; China factories find exports harder; airfreight growth stalls; Japan confidence down; UST 10yr at 2.97%; oil and gold up; NZ$1 = 70 USc; TWI-5 = 72.5

US Fed unchanged but June hike expected; UST debt issuance jumps; China factories find exports harder; airfreight growth stalls; Japan confidence down; UST 10yr at 2.97%; oil and gold up; NZ$1 = 70 USc; TWI-5 = 72.5

A review of things you need to know before you go home on Wednesday; no rate changes, solid jobs growth, wage signals warmer, QV sees slower growth, bank CEOs told to 'prove it', petrol up, swaps up, NZD stable

A review of things you need to know before you go home on Wednesday; no rate changes, solid jobs growth, wage signals warmer, QV sees slower growth, bank CEOs told to 'prove it', petrol up, swaps up, NZD stable

Dairy auction stable; US factory activity slows; steel tariffs delayed for some; US car sales drop; Canada growth up; Aussie mortgages harder to get; UST 10yr at 2.97%; oil and gold down; NZ$1 = 70.1 USc; TWI-5 = 72.6

Dairy auction stable; US factory activity slows; steel tariffs delayed for some; US car sales drop; Canada growth up; Aussie mortgages harder to get; UST 10yr at 2.97%; oil and gold down; NZ$1 = 70.1 USc; TWI-5 = 72.6

A review of things you need to know before you go home on Tuesday; mortgage & TD rate changes, building consents up, English joins Wesfarmers, TWG gets 1000s of submissions, swaps flatter, NZD holds

A review of things you need to know before you go home on Tuesday; mortgage & TD rate changes, building consents up, English joins Wesfarmers, TWG gets 1000s of submissions, swaps flatter, NZD holds

Conservative or cash KiwiSaver returns beg the question: Why are you in KiwiSaver in the first place? We review the long-term returns and find them hard to justify

Conservative or cash KiwiSaver returns beg the question: Why are you in KiwiSaver in the first place? We review the long-term returns and find them hard to justify

US consumption up, inflation at 2%; Mexico grows faster; China PMIs stable; German retails sales slip; EU readies retaliation on US tariff decisions; UST 10yr at 2.95%; oil up, gold down; NZ$1 = 70.4 USc; TWI-5 = 72.6

US consumption up, inflation at 2%; Mexico grows faster; China PMIs stable; German retails sales slip; EU readies retaliation on US tariff decisions; UST 10yr at 2.95%; oil up, gold down; NZ$1 = 70.4 USc; TWI-5 = 72.6