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 turns positive, but restrained by low inflation; US durable goods orders weak; Japan readies huge fiscal stimulus, may get monetary boost as well; UST 10yr yield at 1.54%; oil lower and gold higher; NZ$1 = 70.2 US¢, TWI-5 = 74.4
28th Jul 16, 7:24am
17
US Fed turns positive, but restrained by low inflation; US durable goods orders weak; Japan readies huge fiscal stimulus, may get monetary boost as well; UST 10yr yield at 1.54%; oil lower and gold higher; NZ$1 = 70.2 US¢, TWI-5 = 74.4
A review of things you need to know before you go home on Wednesday; a bold revised Plan for Auckland, one for Hawke's Bay too, court backs banks, as does Consumer NZ, swaps rise, NZD flat
27th Jul 16, 3:59pm
4
A review of things you need to know before you go home on Wednesday; a bold revised Plan for Auckland, one for Hawke's Bay too, court backs banks, as does Consumer NZ, swaps rise, NZD flat
Positive US economic data; eyes on Fed; Vancouver imposes 15% tax on foreign house buyers; ACCC calls for end to Aussie privatisations; UST 10yr yield at 1.57%; oil and gold lower; NZ$1 = 70.4 US¢, TWI-5 = 74.3
27th Jul 16, 7:20am
67
Positive US economic data; eyes on Fed; Vancouver imposes 15% tax on foreign house buyers; ACCC calls for end to Aussie privatisations; UST 10yr yield at 1.57%; oil and gold lower; NZ$1 = 70.4 US¢, TWI-5 = 74.3
A review of things you need to know before you go home on Tuesday; building records, job hunting up, horticulture saves trade, eyes on bank rules, swaps steepen, NZD flat
26th Jul 16, 3:59pm
9
A review of things you need to know before you go home on Tuesday; building records, job hunting up, horticulture saves trade, eyes on bank rules, swaps steepen, NZD flat
A review of things you need to know before you go home on Monday; property yields vanishing, construction boom coming, equities higher, swaps hold at record lows, NZD unchanged
25th Jul 16, 3:59pm
1
A review of things you need to know before you go home on Monday; property yields vanishing, construction boom coming, equities higher, swaps hold at record lows, NZD unchanged
US factories busy; UK confidence drops; IMF's Lagarde to face trial; Australia chooses NZ welfare reform path; UST 10yr yield at 1.57%; oil and gold lower; NZ$1 = 70 US¢, TWI-5 = 74.2
25th Jul 16, 7:18am
11
US factories busy; UK confidence drops; IMF's Lagarde to face trial; Australia chooses NZ welfare reform path; UST 10yr yield at 1.57%; oil and gold lower; NZ$1 = 70 US¢, TWI-5 = 74.2
A review of things you need to know before you go home on Friday; commission surge, poll surge, Chronican's third bank, China sentiment improves, bankruptcies up, swaps down
22nd Jul 16, 4:02pm
5
A review of things you need to know before you go home on Friday; commission surge, poll surge, Chronican's third bank, China sentiment improves, bankruptcies up, swaps down
US housing sales rise; jobless claims fall; ECB tackles uncertainty, hints Italian bank bailout; Singapore moves on 1MDB; Aussie bank satisfaction drops; UST 10yr yield at 1.57%; oil lower, gold up; NZ$1 = 69.8 US¢, TWI-5 = 73.8
22nd Jul 16, 7:33am
2
US housing sales rise; jobless claims fall; ECB tackles uncertainty, hints Italian bank bailout; Singapore moves on 1MDB; Aussie bank satisfaction drops; UST 10yr yield at 1.57%; oil lower, gold up; NZ$1 = 69.8 US¢, TWI-5 = 73.8
A review of things you need to know before you go home on Thursday; RBNZ view turns, Auckland Council readies bond offer, migration up, credit card use smarter, business bills paid on time, swaps and NZD fall
21st Jul 16, 3:59pm
7
A review of things you need to know before you go home on Thursday; RBNZ view turns, Auckland Council readies bond offer, migration up, credit card use smarter, business bills paid on time, swaps and NZD fall
US sues to seize US$1 bln of stolen Malaysian funds; HSBC managers charged over fx fraud; big Aussie non-bank merger; ASIC tells banks to "raise the culture bar"; UST 10yr yield at 1.59%; oil unchanged, gold lower; NZ$1 = 70.2 US¢, TWI-5 = 74.4
21st Jul 16, 7:35am
5
US sues to seize US$1 bln of stolen Malaysian funds; HSBC managers charged over fx fraud; big Aussie non-bank merger; ASIC tells banks to "raise the culture bar"; UST 10yr yield at 1.59%; oil unchanged, gold lower; NZ$1 = 70.2 US¢, TWI-5 = 74.4
A review of things you need to know before you go home on Wednesday; markets await RBNZ update, milk payout threat, good LGFA demand, mortgage approvals slow, swaps and NZD recover somewhat
20th Jul 16, 4:00pm
5
A review of things you need to know before you go home on Wednesday; markets await RBNZ update, milk payout threat, good LGFA demand, mortgage approvals slow, swaps and NZD recover somewhat
A review of things you need to know before you go home on Tuesday; tighter LVRs, bigger discounts, softer demand, brighter WMP pricing?, swap rates drop sharply, NZD slips
19th Jul 16, 3:59pm
4
A review of things you need to know before you go home on Tuesday; tighter LVRs, bigger discounts, softer demand, brighter WMP pricing?, swap rates drop sharply, NZD slips
Lagarde sees correspondent bank pullback; China signals larger deficit spending; 'conduct costs' balloon for banks; UST 10yr yield at 1.60%; oil and gold lower; NZ$1 = 71.1 US¢, TWI-5 = 74.8
19th Jul 16, 8:01am
4
Lagarde sees correspondent bank pullback; China signals larger deficit spending; 'conduct costs' balloon for banks; UST 10yr yield at 1.60%; oil and gold lower; NZ$1 = 71.1 US¢, TWI-5 = 74.8
A review of things you need to know before you go home on Monday; UDC raises a key rate, house values jump, inflation slides, the service sector still expanding, swap rates and NZD fall
18th Jul 16, 3:59pm
4
A review of things you need to know before you go home on Monday; UDC raises a key rate, house values jump, inflation slides, the service sector still expanding, swap rates and NZD fall
US economy boosted by good data; markets ignore political tensions; BofE readies 'sledgehammer"; China can't change; RBA has QE plan; UST 10yr yield at 1.56%; oil and gold up; NZ$1 = 71.2 US¢, TWI-5 = 74.9
18th Jul 16, 7:02am
29
US economy boosted by good data; markets ignore political tensions; BofE readies 'sledgehammer"; China can't change; RBA has QE plan; UST 10yr yield at 1.56%; oil and gold up; NZ$1 = 71.2 US¢, TWI-5 = 74.9
David Chaston calls on the five main banks to give back the full OCR cuts from December and March now that it is clear the 'higher costs' claimed never materialised or have since faded
17th Jul 16, 5:20pm
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David Chaston calls on the five main banks to give back the full OCR cuts from December and March now that it is clear the 'higher costs' claimed never materialised or have since faded
A review of things you need to know before you go home on Friday; mortgage and TD changes, house prices up, volumes down, big rent increases, swaps steepen sharply, NZD yoyos
15th Jul 16, 3:59pm
2
A review of things you need to know before you go home on Friday; mortgage and TD changes, house prices up, volumes down, big rent increases, swaps steepen sharply, NZD yoyos
US jobless claims below expectations; BofE holds; Aussie full time jobs 'surge'; AU banks told to end sales commissions; UST 10yr yield at 1.54%; oil up, gold down; NZ$1 = 72 US¢, TWI-5 = 75.5
15th Jul 16, 7:26am
6
US jobless claims below expectations; BofE holds; Aussie full time jobs 'surge'; AU banks told to end sales commissions; UST 10yr yield at 1.54%; oil up, gold down; NZ$1 = 72 US¢, TWI-5 = 75.5
A review of things you need to know before you go home on Thursday; factories humming, consumer confidence holds high, more job ads, linkers lower, more milk, swaps and NZD fall
14th Jul 16, 3:59pm
A review of things you need to know before you go home on Thursday; factories humming, consumer confidence holds high, more job ads, linkers lower, more milk, swaps and NZD fall
US expanding modestly; Ireland reports stunning growth; China imports fall sharply; Malaysia cuts rates; Japan cuts growth forecast; UST 10yr yield at 1.47%; oil down, gold up; NZ$1 = 72.8 US¢, TWI-5 = 76.4
14th Jul 16, 7:22am
13
US expanding modestly; Ireland reports stunning growth; China imports fall sharply; Malaysia cuts rates; Japan cuts growth forecast; UST 10yr yield at 1.47%; oil down, gold up; NZ$1 = 72.8 US¢, TWI-5 = 76.4
A review of things you need to know before you go home on Wednesday; food prices drop, mortgage approvals past their peak, new Rabobank CEO, equity markets all gain, swap rates rise and steepen
13th Jul 16, 3:59pm
25
A review of things you need to know before you go home on Wednesday; food prices drop, mortgage approvals past their peak, new Rabobank CEO, equity markets all gain, swap rates rise and steepen
US economy growing solidly; Wall Street hits new records; China loses sea claim case comprehensively; China FDI grows strongly; UST 10yr yield at 1.50%; oil up, gold down sharply; NZ$1 = 73.1 US¢, TWI-5 = 76.8
13th Jul 16, 7:32am
30
US economy growing solidly; Wall Street hits new records; China loses sea claim case comprehensively; China FDI grows strongly; UST 10yr yield at 1.50%; oil up, gold down sharply; NZ$1 = 73.1 US¢, TWI-5 = 76.8
A review of things you need to know before you go home on Tuesday; no rate changes, locals holiday here less in May, dense modular social housing coming, Kotahi score a big one, swaps rise & steepen
12th Jul 16, 3:59pm
2
A review of things you need to know before you go home on Tuesday; no rate changes, locals holiday here less in May, dense modular social housing coming, Kotahi score a big one, swaps rise & steepen
Wall Street sets records; planemakers fill order books; air travel booming; China car sales climb; Abe wins with youth; IMF sees eurozone risks; UST 10yr yield at 1.42%; oil and gold lower; NZ$1 = 72.2 US¢, TWI-5 = 75
12th Jul 16, 7:29am
6
Wall Street sets records; planemakers fill order books; air travel booming; China car sales climb; Abe wins with youth; IMF sees eurozone risks; UST 10yr yield at 1.42%; oil and gold lower; NZ$1 = 72.2 US¢, TWI-5 = 75
Wall Street sinks; dairy prices slip; US factory orders fell in May; BofE sees risks crystallising; India bets on infrastructure growth; UST 10yr yield at 1.36%; oil down, gold up; NZ$1 = 71.4 US¢, TWI-5 = 75.1
6th Jul 16, 7:32am
12
Wall Street sinks; dairy prices slip; US factory orders fell in May; BofE sees risks crystallising; India bets on infrastructure growth; UST 10yr yield at 1.36%; oil down, gold up; NZ$1 = 71.4 US¢, TWI-5 = 75.1