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 data positive; rates for long-dated bonds rise; China expands its consumer subsidies; EU sentiment slips; Aussie inflation stable but more job vacancies; UST 10yr at 4.68%; gold up and oil down; NZ$1 = 56.1 USc; TWI = 66.9
9th Jan 25, 7:29am
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US data positive; rates for long-dated bonds rise; China expands its consumer subsidies; EU sentiment slips; Aussie inflation stable but more job vacancies; UST 10yr at 4.68%; gold up and oil down; NZ$1 = 56.1 USc; TWI = 66.9
For the first time in more than a decade a new registered non-bank financial institution is about to launch, Welcome Investments & Loans
8th Jan 25, 2:48pm
14
For the first time in more than a decade a new registered non-bank financial institution is about to launch, Welcome Investments & Loans
Although the latest full dairy auction recorded lower prices, in perspective of broader market forces the dairy sector is in good shape. It may lead the overall economy out of its recession
8th Jan 25, 9:13am
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Although the latest full dairy auction recorded lower prices, in perspective of broader market forces the dairy sector is in good shape. It may lead the overall economy out of its recession
Dairy prices slip; US data strong; minerals slip on China demand; EU inflation up; Aussie building consents weaken; UST 10yr at 4.69%; gold and oil up; NZ$1 = 56.5 USc; TWI = 67.1
8th Jan 25, 7:43am
125
Dairy prices slip; US data strong; minerals slip on China demand; EU inflation up; Aussie building consents weaken; UST 10yr at 4.69%; gold and oil up; NZ$1 = 56.5 USc; TWI = 67.1
Barfoot & Thompson's sales and selling prices were both lower in December on seasonality factors but their mountain of stock remains an issue even if they sold slightly more in the month than they took in new listings
7th Jan 25, 10:24am
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Barfoot & Thompson's sales and selling prices were both lower in December on seasonality factors but their mountain of stock remains an issue even if they sold slightly more in the month than they took in new listings
Australia leads a global rise in services PMIs; China improves; Trudeau resigns; German inflation rises; eyes on China financial markets; UST 10yr at 4.63%; gold and oil little-changed; NZ$1 = 56.5 USc; TWI = 67
7th Jan 25, 7:23am
117
Australia leads a global rise in services PMIs; China improves; Trudeau resigns; German inflation rises; eyes on China financial markets; UST 10yr at 4.63%; gold and oil little-changed; NZ$1 = 56.5 USc; TWI = 67
A bond bubble is developing in Chinese financial markets and regulators are scrambling to contain it and defuse the underlying causes
6th Jan 25, 3:25pm
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A bond bubble is developing in Chinese financial markets and regulators are scrambling to contain it and defuse the underlying causes
Commodity prices show weakness; China extends support, promises more; US still worried about inflation; heat & bushfires return to Australia; UST 10yr at 4.60%; gold and oil little-changed; NZ$1 = 56.1 USc; TWI = 66.8
6th Jan 25, 7:18am
60
Commodity prices show weakness; China extends support, promises more; US still worried about inflation; heat & bushfires return to Australia; UST 10yr at 4.60%; gold and oil little-changed; NZ$1 = 56.1 USc; TWI = 66.8
We look at some basic building blocks of our interest rate settings, the foundation on which the 2025 changes will play out
4th Jan 25, 9:12am
28
We look at some basic building blocks of our interest rate settings, the foundation on which the 2025 changes will play out
Global factory PMIs turn down; global freight rates twisted by tariff reactions; China slips but signals new support; UST 10yr at 4.59%; gold down and oil up; NZ$1 = 56.1 USc; TWI = 66.9
4th Jan 25, 8:04am
18
Global factory PMIs turn down; global freight rates twisted by tariff reactions; China slips but signals new support; UST 10yr at 4.59%; gold down and oil up; NZ$1 = 56.1 USc; TWI = 66.9
Without taxpayer subsidies, the new car market twisted while it shrank, but buyers gravitated to petrol hybrids rather than full EVs. And perhaps surprisingly, ICE cars regained some share in 2024
3rd Jan 25, 9:21am
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Without taxpayer subsidies, the new car market twisted while it shrank, but buyers gravitated to petrol hybrids rather than full EVs. And perhaps surprisingly, ICE cars regained some share in 2024
With all mortgages looking like a commodity, little different between institutions, banks are finding it difficult to win new market share. Those that are, are grinding out their advances slowly over many years
3rd Jan 25, 9:00am
8
With all mortgages looking like a commodity, little different between institutions, banks are finding it difficult to win new market share. Those that are, are grinding out their advances slowly over many years
US data good but short-term risks rise fast; China faces it own messy markets; global factories in better shape; Aussie house prices stop rising; UST 10yr at 4.57%; gold and oil rise; NZ$1 = 56 USc; TWI = 66.9
3rd Jan 25, 8:02am
52
US data good but short-term risks rise fast; China faces it own messy markets; global factories in better shape; Aussie house prices stop rising; UST 10yr at 4.57%; gold and oil rise; NZ$1 = 56 USc; TWI = 66.9
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
31st Dec 24, 7:40am
8
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
30th Dec 24, 9:42am
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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
30th Dec 24, 7:31am
61
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
28th Dec 24, 8:35am
21
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
27th Dec 24, 9:01am
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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
27th Dec 24, 8:43am
10
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
24th Dec 24, 7:51am
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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 ...
23rd Dec 24, 9:01am
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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
23rd Dec 24, 7:19am
34
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
21st Dec 24, 8:20am
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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
20th Dec 24, 3:58pm
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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
[updated]
After the welcome 2023 run-up, term deposit rates eased back in 2024. We provide some perspective and look ahead to 2025
20th Dec 24, 10:01am
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After the welcome 2023 run-up, term deposit rates eased back in 2024. We provide some perspective and look ahead to 2025