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 June rate hike; traders don't like it; Japan Q1-16 GDP rises unexpectedly; Aussie wage growth slows; UST 10yr yield 1.82%; oil unchanged, gold lower; NZ$1 = 68 US¢, TWI-5 = 71.6
19th May 16, 7:17am
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US Fed signals June rate hike; traders don't like it; Japan Q1-16 GDP rises unexpectedly; Aussie wage growth slows; UST 10yr yield 1.82%; oil unchanged, gold lower; NZ$1 = 68 US¢, TWI-5 = 71.6
A review of things you need to know before you go home on Wednesday; mortgage and TD rate cuts, confidence dented, more irrigation funds, big resource consent fine, swaps inch up, NZD unchanged
18th May 16, 4:00pm
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A review of things you need to know before you go home on Wednesday; mortgage and TD rate cuts, confidence dented, more irrigation funds, big resource consent fine, swaps inch up, NZD unchanged
Dairy prices up +2.6%; US CPI up +2.1%; Fed officials say markets underestimate rate hike; stocks fall; HSBC censured on bad advice; UST 10yr yield 1.74%; oil and gold higher; NZ$1 = 68.1 US¢, TWI-5 = 71.7
18th May 16, 7:22am
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Dairy prices up +2.6%; US CPI up +2.1%; Fed officials say markets underestimate rate hike; stocks fall; HSBC censured on bad advice; UST 10yr yield 1.74%; oil and gold higher; NZ$1 = 68.1 US¢, TWI-5 = 71.7
A review of things you need to know before you go home on Tuesday; BNZ & TSB cut td/savings accounts, inflation expectations stable, IRD ready for online GST, swap rates rise, NZD rises
17th May 16, 4:00pm
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A review of things you need to know before you go home on Tuesday; BNZ & TSB cut td/savings accounts, inflation expectations stable, IRD ready for online GST, swap rates rise, NZD rises
Chinese leadership frustrated by lack of reform progress; India expecting 8% growth; banks decline to lend on apartments; UST 10yr yield 1.74%; oil higher, gold unchanged; NZ$1 = 67.9 US¢, TWI-5 = 71.6
17th May 16, 7:26am
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Chinese leadership frustrated by lack of reform progress; India expecting 8% growth; banks decline to lend on apartments; UST 10yr yield 1.74%; oil higher, gold unchanged; NZ$1 = 67.9 US¢, TWI-5 = 71.6
A review of things you need to know before you go home on Monday; BNZ sets 3yr rate at 4.49%, house prices fall, dairy farm sales fall, concrete production down, swap rates fall
16th May 16, 4:05pm
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A review of things you need to know before you go home on Monday; BNZ sets 3yr rate at 4.49%, house prices fall, dairy farm sales fall, concrete production down, swap rates fall
Home loan 'specials' keep falling as another major bank cuts two key rates as wholesale rates stay down
16th May 16, 8:49am
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Home loan 'specials' keep falling as another major bank cuts two key rates as wholesale rates stay down
China disappoints but holds course; US data positive; Europe stabilises; Australia probes Fonterra, accuses Westpac; UST 10yr yield 1.70%; oil and gold higher; NZ$1 = 67.7 US¢, TWI-5 = 71.6
16th May 16, 7:16am
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China disappoints but holds course; US data positive; Europe stabilises; Australia probes Fonterra, accuses Westpac; UST 10yr yield 1.70%; oil and gold higher; NZ$1 = 67.7 US¢, TWI-5 = 71.6
A review of things you need to know before you go home on Friday; ICBC tweaks TD rates, NZIER queries commissions, retail spending rises, FMA beats Vivier, swaps up again, NZD stable
13th May 16, 4:00pm
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A review of things you need to know before you go home on Friday; ICBC tweaks TD rates, NZIER queries commissions, retail spending rises, FMA beats Vivier, swaps up again, NZD stable
ETF funds rescued the gold market in the March 2016 quarter, helping keep prices from falling more than -3%. Traditional demand was soft. Supply holding up
13th May 16, 11:48am
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ETF funds rescued the gold market in the March 2016 quarter, helping keep prices from falling more than -3%. Traditional demand was soft. Supply holding up
A review of things you need to know before you go home on Thursday; Kiwibank goes sub 4%, court win for ComCom, factories expanding a bit slower, linkers go sub 2%, stocks soft, swaps rise, NZD rises
12th May 16, 3:59pm
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A review of things you need to know before you go home on Thursday; Kiwibank goes sub 4%, court win for ComCom, factories expanding a bit slower, linkers go sub 2%, stocks soft, swaps rise, NZD rises
A second major bank slices 20 bps off a key mortgage rate as wholesale money costs fall to near record lows. But it ends its 3 year 'special'
12th May 16, 9:38am
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A second major bank slices 20 bps off a key mortgage rate as wholesale money costs fall to near record lows. But it ends its 3 year 'special'
IMF tallies public corruption; US budget deficit grows; Google bans payday loan ads; banks purge dodgy clients; China to limit transfer pricing rort; UST 10yr yield 1.74%; oil and gold higher; NZ$1 = 68.4 US¢, TWI-5 = 71.6
12th May 16, 7:30am
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IMF tallies public corruption; US budget deficit grows; Google bans payday loan ads; banks purge dodgy clients; China to limit transfer pricing rort; UST 10yr yield 1.74%; oil and gold higher; NZ$1 = 68.4 US¢, TWI-5 = 71.6
A review of things you need to know before you go home on Wednesday; six key housing stories, booming tourism, fewer livestock, swap rates rise, NZD higher
11th May 16, 4:00pm
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A review of things you need to know before you go home on Wednesday; six key housing stories, booming tourism, fewer livestock, swap rates rise, NZD higher
US jobs signals better; obscene pay for value destroyers; France grows some; UST 10yr yield 1.76%; local swap rates dive again; oil up, gold lower; NZ$1 = 67.5 US¢, TWI-5 = 71
11th May 16, 7:25am
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US jobs signals better; obscene pay for value destroyers; France grows some; UST 10yr yield 1.76%; local swap rates dive again; oil up, gold lower; NZ$1 = 67.5 US¢, TWI-5 = 71
A review of things you need to know before you go home on Tuesday; data disappoints anti-foreign buyer lobby, English says watch FSR, Crown surplus up, retail spending up, swaps retreat again, NZD lower
10th May 16, 4:00pm
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A review of things you need to know before you go home on Tuesday; data disappoints anti-foreign buyer lobby, English says watch FSR, Crown surplus up, retail spending up, swaps retreat again, NZD lower
China stocks dive, no other markets follow; more Panama Papers released; far-right candidates win policy influence; UST 10yr yield 1.76%; oil and gold lower; NZ$1 = 67.7 US¢, TWI-5 = 71.1
10th May 16, 7:34am
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China stocks dive, no other markets follow; more Panama Papers released; far-right candidates win policy influence; UST 10yr yield 1.76%; oil and gold lower; NZ$1 = 67.7 US¢, TWI-5 = 71.1
A review of things you need to know before you go home on Monday; some TD cuts and a 'special', sheep production holds, IAG's issue priced and rated, TPP treaty to Parliament, swaps bounce, NZD stable
9th May 16, 3:59pm
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A review of things you need to know before you go home on Monday; some TD cuts and a 'special', sheep production holds, IAG's issue priced and rated, TPP treaty to Parliament, swaps bounce, NZD stable
US jobs growth disappoints, wages higher; China trade sags; massive Saudi reform; Aussie election July 2; UST 10yr yield 1.78%; oil unchanged, gold up; NZ$1 = 68.4 US¢, TWI-5 = 71.6
9th May 16, 7:00am
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US jobs growth disappoints, wages higher; China trade sags; massive Saudi reform; Aussie election July 2; UST 10yr yield 1.78%; oil unchanged, gold up; NZ$1 = 68.4 US¢, TWI-5 = 71.6
Wholesale rates push lower in four day trend, with most now at record all-time lows
6th May 16, 12:17pm
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Wholesale rates push lower in four day trend, with most now at record all-time lows
A major bank slices 20 bps off a key mortgage rate as wholesale money costs fall to near record lows. But it also raises rates for two other terms
6th May 16, 9:05am
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A major bank slices 20 bps off a key mortgage rate as wholesale money costs fall to near record lows. But it also raises rates for two other terms
RBA get new boss; US jobless claims rise, but so does pay; Alibaba shines; US banks to be blocked from imposing arbitration clauses; UST 10yr yield 1.76%; oil and gold unchanged; NZ$1 = 68.8 US¢, TWI-5 = 71.9
6th May 16, 7:23am
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RBA get new boss; US jobless claims rise, but so does pay; Alibaba shines; US banks to be blocked from imposing arbitration clauses; UST 10yr yield 1.76%; oil and gold unchanged; NZ$1 = 68.8 US¢, TWI-5 = 71.9
A review of things you need to know before you go home on Thursday; very short funding, surging used car imports, electric plans, swap rates near record lows, NZD holds steady
5th May 16, 3:59pm
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A review of things you need to know before you go home on Thursday; very short funding, surging used car imports, electric plans, swap rates near record lows, NZD holds steady
US jobs growth slows even as service sector grows; US trade deficit shrinks; global airfreight volumes fall; €500 note out of production; ANZ keeps part of RBA cut; UST 10yr yield 1.79%; oil and gold lower; NZ$1 = 68.7 US¢, TWI-5 = 71.5
5th May 16, 7:38am
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US jobs growth slows even as service sector grows; US trade deficit shrinks; global airfreight volumes fall; €500 note out of production; ANZ keeps part of RBA cut; UST 10yr yield 1.79%; oil and gold lower; NZ$1 = 68.7 US¢, TWI-5 = 71.5
A review of things you need to know before you go home on Wednesday; HSBC raises some TD rates, lower listings, higher prices, record high employment, swap rates drop, NZD falls
4th May 16, 3:59pm
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A review of things you need to know before you go home on Wednesday; HSBC raises some TD rates, lower listings, higher prices, record high employment, swap rates drop, NZD falls
