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
Bonds dive as yields rise; eyes on US Q3 GDP; Canada-EU trade deal back on; Sweden still with negative rates, but high asset prices; UST 10yr yield at 1.85%; oil up, gold down; NZ$1 = 71.1 US¢, TWI-5 = 75.5
28th Oct 16, 7:30am
6
Bonds dive as yields rise; eyes on US Q3 GDP; Canada-EU trade deal back on; Sweden still with negative rates, but high asset prices; UST 10yr yield at 1.85%; oil up, gold down; NZ$1 = 71.1 US¢, TWI-5 = 75.5
A review of things you need to know before you go home on Thursday; HSBC ends low rate offer, record trade deficit, milk price changes, interest-only sticky, swaps rise & steepen, NZD unchanged
27th Oct 16, 4:02pm
A review of things you need to know before you go home on Thursday; HSBC ends low rate offer, record trade deficit, milk price changes, interest-only sticky, swaps rise & steepen, NZD unchanged
The withdrawal of the 3.79% two year mortgage 'special' reflects rising pressure on banks wholesale and retail funding sources as money costs turn up from their historic low levels
27th Oct 16, 2:40pm
The withdrawal of the 3.79% two year mortgage 'special' reflects rising pressure on banks wholesale and retail funding sources as money costs turn up from their historic low levels
US house sales up, service sector grows faster; Canada housing stumbles; air cargo growth slows; BofE worried about EU banking sector; UST 10yr yield at 1.79%; oil lower, gold unchanged; NZ$1 = 71.5 US¢, TWI-5 = 75.7
27th Oct 16, 7:26am
17
US house sales up, service sector grows faster; Canada housing stumbles; air cargo growth slows; BofE worried about EU banking sector; UST 10yr yield at 1.79%; oil lower, gold unchanged; NZ$1 = 71.5 US¢, TWI-5 = 75.7
NZ's largest bank drops its 3.60% eight month term deposit offer, replacing it with two slightly lower rates for terms either side
26th Oct 16, 4:29pm
1
NZ's largest bank drops its 3.60% eight month term deposit offer, replacing it with two slightly lower rates for terms either side
A review of things you need to know before you go home on Wednesday; ANZ shifts TD focus, Pumpkin Patch rotten, ASB issues 5% hybrid, AU CPI surprises, swaps up, NZD unchanged
26th Oct 16, 3:59pm
7
A review of things you need to know before you go home on Wednesday; ANZ shifts TD focus, Pumpkin Patch rotten, ASB issues 5% hybrid, AU CPI surprises, swaps up, NZD unchanged
American confidence slips, house prices up; NZ ranked high for 'doing business'; China desalinates seawater; money flows out of China faster; UST 10yr yield at 1.76%; oil stable, gold up; NZ$1 = 71.6 US¢, TWI-5 = 75.9
26th Oct 16, 7:33am
20
American confidence slips, house prices up; NZ ranked high for 'doing business'; China desalinates seawater; money flows out of China faster; UST 10yr yield at 1.76%; oil stable, gold up; NZ$1 = 71.6 US¢, TWI-5 = 75.9
A review of things you need to know before you go home on Tuesday; Kiwibank shifts attack point, UDC gets credit downgrade, WMP prices improve, Fonterra reputation again in China spotlight, swaps stable, NZD holds
25th Oct 16, 3:59pm
8
A review of things you need to know before you go home on Tuesday; Kiwibank shifts attack point, UDC gets credit downgrade, WMP prices improve, Fonterra reputation again in China spotlight, swaps stable, NZD holds
Factories in the US and EU see good growth; EU-Canada FTA dead; talent magnets; IRD targets MNCs; APRA clamps down on loan standards; UST 10yr yield at 1.77%; oil and gold down; NZ$1 = 71.3 US¢, TWI-5 = 75.6
25th Oct 16, 7:15am
15
Factories in the US and EU see good growth; EU-Canada FTA dead; talent magnets; IRD targets MNCs; APRA clamps down on loan standards; UST 10yr yield at 1.77%; oil and gold down; NZ$1 = 71.3 US¢, TWI-5 = 75.6
FHBs chase US houses, pay up; India in debit card scare; China home loans explode; UK gets desperate; Aussie projects bust budgets; UST 10yr yield 1.74%; oil up, gold unchanged; NZ$1 = 71.6 USc, TWI = 72.6
24th Oct 16, 7:41am
2
FHBs chase US houses, pay up; India in debit card scare; China home loans explode; UK gets desperate; Aussie projects bust budgets; UST 10yr yield 1.74%; oil up, gold unchanged; NZ$1 = 71.6 USc, TWI = 72.6
Bernard Hickey reviews the day's business news with Duncan Garner at RadioLive, Thursday, October 20, 2016
20th Oct 16, 6:38pm
Bernard Hickey reviews the day's business news with Duncan Garner at RadioLive, Thursday, October 20, 2016
Housing starts and permits jump in the US; China grows at official rate; no cooling yet in China's housing markets; Canada cuts growth forecast; huge Saudi bond issue; UST 10yr yield at 1.74%; oil up, gold up; NZ$1 = 72.3 US¢, TWI-5 = 76.1
20th Oct 16, 7:18am
1
Housing starts and permits jump in the US; China grows at official rate; no cooling yet in China's housing markets; Canada cuts growth forecast; huge Saudi bond issue; UST 10yr yield at 1.74%; oil up, gold up; NZ$1 = 72.3 US¢, TWI-5 = 76.1
A review of things you need to know before you go home on Wednesday; NBS cuts call rate, dairy prices edge up, Govt considers card fee regulation, big AU-NZ pay differential, NZSF goes green, swaps slip, NZD rises
19th Oct 16, 3:59pm
3
A review of things you need to know before you go home on Wednesday; NBS cuts call rate, dairy prices edge up, Govt considers card fee regulation, big AU-NZ pay differential, NZSF goes green, swaps slip, NZD rises
Dairy prices inch up; US and UK inflation stirs; China coal prices jump; international air travel to double; 'ugly' outlook for Aussie apartment investors; UST 10yr yield at 1.75%; oil unchanged, gold up; NZ$1 = 72.1 US¢, TWI-5 = 76
19th Oct 16, 7:23am
12
Dairy prices inch up; US and UK inflation stirs; China coal prices jump; international air travel to double; 'ugly' outlook for Aussie apartment investors; UST 10yr yield at 1.75%; oil unchanged, gold up; NZ$1 = 72.1 US¢, TWI-5 = 76
A review of things you need to know before you go home on Tuesday; no rate changes, tame CPI, crazy petrol discounting, crazy house values, SFF cutback, NZX in heavy drop, swap rates jump, NZD rises
18th Oct 16, 3:59pm
23
A review of things you need to know before you go home on Tuesday; no rate changes, tame CPI, crazy petrol discounting, crazy house values, SFF cutback, NZX in heavy drop, swap rates jump, NZD rises
US industrial output weaker; Fischer warns on low rates; NZ-UK to start trade talks; big traders target Aussie long bond; UST 10yr yield at 1.78%; oil down, gold up; NZ$1 = 71.4 US¢, TWI-5 = 75.4
18th Oct 16, 7:25am
7
US industrial output weaker; Fischer warns on low rates; NZ-UK to start trade talks; big traders target Aussie long bond; UST 10yr yield at 1.78%; oil down, gold up; NZ$1 = 71.4 US¢, TWI-5 = 75.4
Australian banking regulators reach out and impose policy settings good for Australia that impinge and limit policy settings good for New Zealand
17th Oct 16, 7:37pm
2
Australian banking regulators reach out and impose policy settings good for Australia that impinge and limit policy settings good for New Zealand
A review of things you need to know before you go home on Monday; Kiwibank raises mortgage rates, BNZ and ASB cut savings/TD rates, PSI expansion slows, Greens want population growth targets, swap rates raise, NZD sideways
17th Oct 16, 3:59pm
7
A review of things you need to know before you go home on Monday; Kiwibank raises mortgage rates, BNZ and ASB cut savings/TD rates, PSI expansion slows, Greens want population growth targets, swap rates raise, NZD sideways
Yellen suggests different approach; US retail sales up; China PPI turns positive; BT Financial outs itself; NSW hikes housing fees; UST 10yr yield at 1.81%; oil unchanged, gold down; NZ$1 = 70.9 US¢, TWI-5 = 75
17th Oct 16, 7:32am
21
Yellen suggests different approach; US retail sales up; China PPI turns positive; BT Financial outs itself; NSW hikes housing fees; UST 10yr yield at 1.81%; oil unchanged, gold down; NZ$1 = 70.9 US¢, TWI-5 = 75
Heartland Bank changes three term deposit rates, grabbing best-bank status for three and nine month terms, but giving up that status for a two year term
14th Oct 16, 10:37am
1
Heartland Bank changes three term deposit rates, grabbing best-bank status for three and nine month terms, but giving up that status for a two year term
US jobless levels fall; US approaching end of long expansion; 40% of Hong Kongers want to leave; China's exports slump; India has good monsoon; UST 10yr yield at 1.74%; oil and gold up; NZ$1 = 70.9 US¢, TWI-5 = 74.9
14th Oct 16, 7:33am
23
US jobless levels fall; US approaching end of long expansion; 40% of Hong Kongers want to leave; China's exports slump; India has good monsoon; UST 10yr yield at 1.74%; oil and gold up; NZ$1 = 70.9 US¢, TWI-5 = 74.9
A review of things you need to know before you go home on Thursday; Auckland takes a breather, good surplus, more job ads, food prices stable, confidence lifts, paying promptly, swaps fall, NZD soft
13th Oct 16, 3:59pm
10
A review of things you need to know before you go home on Thursday; Auckland takes a breather, good surplus, more job ads, food prices stable, confidence lifts, paying promptly, swaps fall, NZD soft
Fed struggles to decide when to hike; US vacancies fall; US milk glut; Aussie life insurer scandal; world food prices jump; UST 10yr yield at 1.77%; oil and gold lower; NZ$1 = 70.9 US¢, TWI-5 = 74.9
13th Oct 16, 7:33am
7
Fed struggles to decide when to hike; US vacancies fall; US milk glut; Aussie life insurer scandal; world food prices jump; UST 10yr yield at 1.77%; oil and gold lower; NZ$1 = 70.9 US¢, TWI-5 = 74.9
A review of things you need to know before you go home on Wednesday; Co-op Bank cuts Step Saver, rents up in halo regions, community finance scheme extended, occupancy rate up, swaps up, NZD lower
12th Oct 16, 3:59pm
1
A review of things you need to know before you go home on Wednesday; Co-op Bank cuts Step Saver, rents up in halo regions, community finance scheme extended, occupancy rate up, swaps up, NZD lower
Wall Street stumbles; US normal growth below +2%; Singapore shuts Swiss bank; Japan goes all-in; HSBC sees no fall in Chinese demand for Aussie houses; UST 10yr yield at 1.76%; oil and gold lower; NZ$1 = 70.5 US¢, TWI-5 = 74.5
12th Oct 16, 7:36am
18
Wall Street stumbles; US normal growth below +2%; Singapore shuts Swiss bank; Japan goes all-in; HSBC sees no fall in Chinese demand for Aussie houses; UST 10yr yield at 1.76%; oil and gold lower; NZ$1 = 70.5 US¢, TWI-5 = 74.5