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David Chaston

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.

Member for

15 years 10 months

Latest articles

NZD jumps on third consecutive good dairy auction; US services growth slows; global airfreight growth rises; Aussie car loan defaults rise; UST 10yr yield at 1.54%; oil stable and gold up; NZ$1 = 74.2 US¢, TWI-5 = 77.1
7th Sep 16, 7:25am
21
NZD jumps on third consecutive good dairy auction; US services growth slows; global airfreight growth rises; Aussie car loan defaults rise; UST 10yr yield at 1.54%; oil stable and gold up; NZ$1 = 74.2 US¢, TWI-5 = 77.1
A review of things you need to know before you go home on Tuesday; QV values up +14.6%, wholesale trade up +4.4%, Truckometer back on track, strong used import sales, swap rates unchanged, NZD stay high
6th Sep 16, 3:59pm
A review of things you need to know before you go home on Tuesday; QV values up +14.6%, wholesale trade up +4.4%, Truckometer back on track, strong used import sales, swap rates unchanged, NZD stay high
Bank customers park their money in banks on very short-term arrangements with low to no interest earnings, even though these funds stay there a long time. Banks smile
6th Sep 16, 11:26am
36
Bank customers park their money in banks on very short-term arrangements with low to no interest earnings, even though these funds stay there a long time. Banks smile
Wall Street closed; G20 accomplishes nothing; Hong Kong goes 'localist'; Japan readies more stimulus; 'low rates are a trap'; EU retail shines; UST 10yr yield at 1.61%; oil and gold up; NZ$1 = 73.1 US¢, TWI-5 = 76.5
6th Sep 16, 7:17am
19
Wall Street closed; G20 accomplishes nothing; Hong Kong goes 'localist'; Japan readies more stimulus; 'low rates are a trap'; EU retail shines; UST 10yr yield at 1.61%; oil and gold up; NZ$1 = 73.1 US¢, TWI-5 = 76.5
A review of things you need to know before you go home on Monday; TD tweaks, Co-op Bank upgraded, Auckland house price gains slow, commodity prices climb, more LVR leeway, swaps steepen, NZD rises to 15 month high
5th Sep 16, 4:02pm
2
A review of things you need to know before you go home on Monday; TD tweaks, Co-op Bank upgraded, Auckland house price gains slow, commodity prices climb, more LVR leeway, swaps steepen, NZD rises to 15 month high
Savings bonuses wither as banks turn their focus away from short-term savers. At-call savers suffer the full OCR reductions, sometimes more
5th Sep 16, 9:46am
3
Savings bonuses wither as banks turn their focus away from short-term savers. At-call savers suffer the full OCR reductions, sometimes more
American payrolls rise less than expected; US factory orders up strongly; Ireland to contest EU tax ruling; bumper Aussie wheat crop; UST 10yr yield at 1.60%; oil and gold up; NZ$1 = 72.9 US¢, TWI-5 = 76.5
5th Sep 16, 7:07am
26
American payrolls rise less than expected; US factory orders up strongly; Ireland to contest EU tax ruling; bumper Aussie wheat crop; UST 10yr yield at 1.60%; oil and gold up; NZ$1 = 72.9 US¢, TWI-5 = 76.5
New car demand continues to break records as sales of SUVs now dominate, and growing construction sector drives light commercials. Tourism demand helps too
3rd Sep 16, 10:19am
9
New car demand continues to break records as sales of SUVs now dominate, and growing construction sector drives light commercials. Tourism demand helps too
US payrolls grew at a slower but solid pace in August, a sign their job market is cooling as the American economy approaches full employment
3rd Sep 16, 9:39am
14
US payrolls grew at a slower but solid pace in August, a sign their job market is cooling as the American economy approaches full employment
A review of things you need to know before you go home on Friday; ANZ and TSB cut call rates again, building boom grows, dairy price outlook brightens, NZD slips to 11th, Aussie apartment risk, NZD drifts up
2nd Sep 16, 4:01pm
A review of things you need to know before you go home on Friday; ANZ and TSB cut call rates again, building boom grows, dairy price outlook brightens, NZD slips to 11th, Aussie apartment risk, NZD drifts up
American labour costs rise sharply on skills gap; world PMIs tame; US car sales soft; China bans AU milk; China debt concerns; UST 10yr yield at 1.57%; oil down sharply, gold up; NZ$1 = 72.7 US¢, TWI-5 = 76.2
2nd Sep 16, 7:31am
5
American labour costs rise sharply on skills gap; world PMIs tame; US car sales soft; China bans AU milk; China debt concerns; UST 10yr yield at 1.57%; oil down sharply, gold up; NZ$1 = 72.7 US¢, TWI-5 = 76.2
A review of things you need to know before you go home on Thursday; TSB Bank cuts, Westpac launches CashNav, rents diverge, NZ retail up, AU retail soft, few Wtgn houses for sale, swaps unchanged, NZD drifts
1st Sep 16, 3:59pm
3
A review of things you need to know before you go home on Thursday; TSB Bank cuts, Westpac launches CashNav, rents diverge, NZ retail up, AU retail soft, few Wtgn houses for sale, swaps unchanged, NZD drifts
US jobs grow as expected; US house sales rise; Canada growth falls along with Brazil and Nigeria; India growth slows; pizza by drone almost here; UST 10yr yield at 1.57%; oil and gold down; NZ$1 = 72.6 US¢, TWI-5 = 76.3
1st Sep 16, 7:31am
8
US jobs grow as expected; US house sales rise; Canada growth falls along with Brazil and Nigeria; India growth slows; pizza by drone almost here; UST 10yr yield at 1.57%; oil and gold down; NZ$1 = 72.6 US¢, TWI-5 = 76.3
A review of things you need to know before you go home on Wednesday; TD rate changes, AU bank inquiry to start, shorter home loan terms, more fraud, WMP futures rise, cheap bonds, debt binge, swaps up marginally
31st Aug 16, 3:59pm
15
A review of things you need to know before you go home on Wednesday; TD rate changes, AU bank inquiry to start, shorter home loan terms, more fraud, WMP futures rise, cheap bonds, debt binge, swaps up marginally
We know banks are holding back OCR cuts from borrowers, so what sort of deal are savers getting?
31st Aug 16, 2:14pm
5
We know banks are holding back OCR cuts from borrowers, so what sort of deal are savers getting?
US confidence jumps; FOMO in Shanghai; Japan jobless rates falls; EU hits Apple with €13 bln back-tax bill; AU banks face restraints; UST 10yr yield at 1.57%; oil and gold down; NZ$1 = 72.1 US¢, TWI-5 = 75.7
31st Aug 16, 7:19am
8
US confidence jumps; FOMO in Shanghai; Japan jobless rates falls; EU hits Apple with €13 bln back-tax bill; AU banks face restraints; UST 10yr yield at 1.57%; oil and gold down; NZ$1 = 72.1 US¢, TWI-5 = 75.7
We review the OCR rate holdbacks, the third consecutive time banks have done this and their most aggressive to date. Customers just take it
27th Aug 16, 9:52am
32
We review the OCR rate holdbacks, the third consecutive time banks have done this and their most aggressive to date. Customers just take it
A review of things you need to know before you go home on Friday; ICBC cuts TD rates, home building lags population growth, ANZ issues $350 mln, swaps unchanged, NZD higher
26th Aug 16, 3:59pm
A review of things you need to know before you go home on Friday; ICBC cuts TD rates, home building lags population growth, ANZ issues $350 mln, swaps unchanged, NZD higher
US durable goods orders rebound; jobless claims fall again; milk price prospects rise; self-driving cars arrive; NZGB CDS spreads in rare company; UST 10yr yield at 1.57%; oil up and gold down; NZ$1 = 73 US¢, TWI-5 = 75.9
26th Aug 16, 7:32am
23
US durable goods orders rebound; jobless claims fall again; milk price prospects rise; self-driving cars arrive; NZGB CDS spreads in rare company; UST 10yr yield at 1.57%; oil up and gold down; NZ$1 = 73 US¢, TWI-5 = 75.9
A review of things you need to know before you go home on Tuesday; HNZC passes on 9bps, more costly disasters, less people killed, more bond issues coming, swap rates lower, NZD higher
23rd Aug 16, 3:59pm
13
A review of things you need to know before you go home on Tuesday; HNZC passes on 9bps, more costly disasters, less people killed, more bond issues coming, swap rates lower, NZD higher
Obama starts push for Congress vote on TPPA; Mexico economy shrinks on low oil price; Aussie banks cut mortgage discounts; UST 10yr yield at 1.54%; oil and gold lower; NZ$1 = 72.7 US¢, TWI-5 = 75.5
23rd Aug 16, 7:20am
22
Obama starts push for Congress vote on TPPA; Mexico economy shrinks on low oil price; Aussie banks cut mortgage discounts; UST 10yr yield at 1.54%; oil and gold lower; NZ$1 = 72.7 US¢, TWI-5 = 75.5
A review of things you need to know before you go home on Monday; ANZ cuts a TD rate, wine industry's labour problem, Wheeler to talk, NZX shines, swap rates up and steeper, NZD stable
22nd Aug 16, 3:59pm
4
A review of things you need to know before you go home on Monday; ANZ cuts a TD rate, wine industry's labour problem, Wheeler to talk, NZX shines, swap rates up and steeper, NZD stable
Fed's Fischer says FOMC close to targets; India appoints an inflation hawk; commodity demand surges as China retrenches; Mongolia in current account crisis; UST 10yr yield at 1.58%; oil prices up further, gold down; NZ$1 = 72.7 US¢, TWI-5 = 75.6
22nd Aug 16, 7:23am
11
Fed's Fischer says FOMC close to targets; India appoints an inflation hawk; commodity demand surges as China retrenches; Mongolia in current account crisis; UST 10yr yield at 1.58%; oil prices up further, gold down; NZ$1 = 72.7 US¢, TWI-5 = 75.6
Dairy prices rise strongly; US CPI unchanged but factory output and home building rise; Fed talks up hike; China debates liquidity trap; UST 10yr yield at 1.58%; oil prices up again, gold up; NZ$1 = 72.8 US¢, TWI-5 = 75.6
17th Aug 16, 7:26am
45
Dairy prices rise strongly; US CPI unchanged but factory output and home building rise; Fed talks up hike; China debates liquidity trap; UST 10yr yield at 1.58%; oil prices up again, gold up; NZ$1 = 72.8 US¢, TWI-5 = 75.6
A review of things you need to know before you go home on Tuesday; bad time to buy, Heartland profit up, ANZ down, birth rate very low, hedge funds seek gold alone, swaps and NZD unchanged
16th Aug 16, 3:59pm
8
A review of things you need to know before you go home on Tuesday; bad time to buy, Heartland profit up, ANZ down, birth rate very low, hedge funds seek gold alone, swaps and NZD unchanged