David Chaston

US retail sales rise; US trade deficit also rises; China producers and rail report gains; PBOC tightens; HNA eyes UDC; UST 10yr yield at 2.36%; oil and gold down; NZ$1 = 70.4 US¢, TWI-5 = 76.3

US retail sales rise; US trade deficit also rises; China producers and rail report gains; PBOC tightens; HNA eyes UDC; UST 10yr yield at 2.36%; oil and gold down; NZ$1 = 70.4 US¢, TWI-5 = 76.3

After a week of home loan rate hikes, we review the state of the mortgage rate cards, by bank, noting how wide the difference is between the lowest and highest offer rates

After a week of home loan rate hikes, we review the state of the mortgage rate cards, by bank, noting how wide the difference is between the lowest and highest offer rates

The separation of bank rate setting from the OCR signals is more about a mismatch between demand for loans and supply of funding than responding to the RBNZ's policy

The separation of bank rate setting from the OCR signals is more about a mismatch between demand for loans and supply of funding than responding to the RBNZ's policy

We extract the New Zealand components from the latest OECD review of income inequality and benchmark them against the usual suspects

We extract the New Zealand components from the latest OECD review of income inequality and benchmark them against the usual suspects

A review of things you need to know before you go home on Friday; banks raise rates, ANZ accused of cartel activity, trade deficit smaller than expected, swaps and NZD stable

A review of things you need to know before you go home on Friday; banks raise rates, ANZ accused of cartel activity, trade deficit smaller than expected, swaps and NZD stable

ASB pushes its longer term deposit rates above 4% and raises many offers by more than 40 bps. BNZ adds another 10 bps to its longer term deposit rates

ASB pushes its longer term deposit rates above 4% and raises many offers by more than 40 bps. BNZ adds another 10 bps to its longer term deposit rates

Two more main-line banks raise more mortgage rates, returning for extras after hikes earlier in the month (and earlier in the week)

Two more main-line banks raise more mortgage rates, returning for extras after hikes earlier in the month (and earlier in the week)

China rushes to replace TPP; food stocks high; NZ and China agree organic trade; OECD says NZ poverty rate lower; UST 10yr yield at 2.36%; oil unchanged, gold slumps again; NZ$1 = 70 US¢, TWI-5 = 76

China rushes to replace TPP; food stocks high; NZ and China agree organic trade; OECD says NZ poverty rate lower; UST 10yr yield at 2.36%; oil unchanged, gold slumps again; NZ$1 = 70 US¢, TWI-5 = 76

A review of things you need to know before you go home on Thursday; ANZ raises rates, yield on NZGB tender jumps, S&P grumpy, investors leave mortgage market, swaps rates surge, NZD slips

A review of things you need to know before you go home on Thursday; ANZ raises rates, yield on NZGB tender jumps, S&P grumpy, investors leave mortgage market, swaps rates surge, NZD slips

Term deposit rate offers are tweaked higher by ANZ for terms of 18 months and longer following wholesale benchmarks that are moving higher at the long end

Term deposit rate offers are tweaked higher by ANZ for terms of 18 months and longer following wholesale benchmarks that are moving higher at the long end

Strong American data with durable goods orders rising; house sales up; consumer confidence up; UK forced to borrow big; PMIs healthy; UST 10yr yield at 2.35%; oil down, gold up; NZ$1 = 70US¢, TWI-5 = 76

Strong American data with durable goods orders rising; house sales up; consumer confidence up; UK forced to borrow big; PMIs healthy; UST 10yr yield at 2.35%; oil down, gold up; NZ$1 = 70US¢, TWI-5 = 76

New Zealand's largest bank tests customer loyalty with higher home loan rates for all terms longer than 1 year, following recent wholesale rate rises

New Zealand's largest bank tests customer loyalty with higher home loan rates for all terms longer than 1 year, following recent wholesale rate rises

A review of things you need to know before you go home on Wednesday; Co-op Banks cuts savings rate, SFF runs to altar, NZ #5 wealthiest, driverless cars racing towards us, swaps higher, NZD steady

A review of things you need to know before you go home on Wednesday; Co-op Banks cuts savings rate, SFF runs to altar, NZ #5 wealthiest, driverless cars racing towards us, swaps higher, NZD steady

US house sales rise; EU retaliates against the US; EU confidence low but rising; SA jobless hits 27%; S&P puts Australia on notice; UST 10yr yield at 2.31%; oil up, gold down; NZ$1 = 70.5 US¢, TWI-5 = 76.2

US house sales rise; EU retaliates against the US; EU confidence low but rising; SA jobless hits 27%; S&P puts Australia on notice; UST 10yr yield at 2.31%; oil up, gold down; NZ$1 = 70.5 US¢, TWI-5 = 76.2

A review of things you need to know before you go home on Tuesday; migration up because we aren't leaving, Heartland eyes UDC, UFB rollout gets momentum, TPP to die but other FTA deals rise, swaps slip, NZD up

A review of things you need to know before you go home on Tuesday; migration up because we aren't leaving, Heartland eyes UDC, UFB rollout gets momentum, TPP to die but other FTA deals rise, swaps slip, NZD up

S&P500 hits record; Japan trade surplus grows; China pollution control stress; Baltic Dry Index leaps; UST 10yr yield at 2.33%; oil up strongly, gold gets small bump up; NZ$1 = 70.6 US¢, TWI-5 = 76.4

S&P500 hits record; Japan trade surplus grows; China pollution control stress; Baltic Dry Index leaps; UST 10yr yield at 2.33%; oil up strongly, gold gets small bump up; NZ$1 = 70.6 US¢, TWI-5 = 76.4

A major bank sets a term deposit offer rate at a level last seen 15 months ago, as they offer savers a way to benefit from longer term rises in wholesale rates

A major bank sets a term deposit offer rate at a level last seen 15 months ago, as they offer savers a way to benefit from longer term rises in wholesale rates

Sharp rising wholesale rates bring more changes from BNZ for fixed mortgage terms of four years and longer

Sharp rising wholesale rates bring more changes from BNZ for fixed mortgage terms of four years and longer

Quake to cost insurers $5.3 bln; Key says China will replace US on trade; VW cuts staff; Singapore trails digital currencies; PwC launches digital platform; UST 10yr yield at 2.35%; oil up but gold slumps; NZ$1 = 70.1 US¢, TWI-5 = 76

Quake to cost insurers $5.3 bln; Key says China will replace US on trade; VW cuts staff; Singapore trails digital currencies; PwC launches digital platform; UST 10yr yield at 2.35%; oil up but gold slumps; NZ$1 = 70.1 US¢, TWI-5 = 76

US CPI rises; housing starts rise, jobless claims fall; Yellen signals hike 'soon'; China spends up big; Singapore struggles; Aussies nail tax evaders; UST 10yr yield at 2.27%; oil and gold unchanged; NZ$1 = 70.6 US¢, TWI-5 = 76

US CPI rises; housing starts rise, jobless claims fall; Yellen signals hike 'soon'; China spends up big; Singapore struggles; Aussies nail tax evaders; UST 10yr yield at 2.27%; oil and gold unchanged; NZ$1 = 70.6 US¢, TWI-5 = 76

US mulls infrastructure bank; US factories raise output; China's plan to cut coal output goes awry; Indonesia's stability under threat; UST 10yr yield at 2.22%; oil flat, gold flat; NZ$1 = 70.8 US¢, TWI-5 = 76

US mulls infrastructure bank; US factories raise output; China's plan to cut coal output goes awry; Indonesia's stability under threat; UST 10yr yield at 2.22%; oil flat, gold flat; NZ$1 = 70.8 US¢, TWI-5 = 76

Kiwibank takes advantage of stable short-term wholesale rates to offer the sharpest one year rate in the market, but responds to wholesale rises at the longer end with hikes

Kiwibank takes advantage of stable short-term wholesale rates to offer the sharpest one year rate in the market, but responds to wholesale rises at the longer end with hikes

Dairy prices up +4.5%; US retail sales show healthy gains; US commercial property sector faces stress; Germany growth slows; ANZ traders disgrace themselves again; UST 10yr yield at 2.22%; oil up, gold up; NZ$1 = 70.9 US¢, TWI-5 = 75.9

Dairy prices up +4.5%; US retail sales show healthy gains; US commercial property sector faces stress; Germany growth slows; ANZ traders disgrace themselves again; UST 10yr yield at 2.22%; oil up, gold up; NZ$1 = 70.9 US¢, TWI-5 = 75.9

A review of things you need to know before you go home on Tuesday; no rate changes, English says we can afford rebuild, PSI back up, median multiples stay high, leverage stays high, swaps switch course lower, ditto NZD on aftershocks

A review of things you need to know before you go home on Tuesday; no rate changes, English says we can afford rebuild, PSI back up, median multiples stay high, leverage stays high, swaps switch course lower, ditto NZD on aftershocks

China pushes for replacement TPP; China local authority debt emergency; Japan GDP growth surprises higher; huge bond market losses; UST 10yr yield at 2.21%; oil lower, gold down; NZ$1 = 70.8 US¢, TWI-5 = 75.8

China pushes for replacement TPP; China local authority debt emergency; Japan GDP growth surprises higher; huge bond market losses; UST 10yr yield at 2.21%; oil lower, gold down; NZ$1 = 70.8 US¢, TWI-5 = 75.8