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
[updated]
A review of things you need to know before you sign off on Monday; no significant retail interest rate changes, retail sales dip, trade deficit narrows, tractors shunned, NIM circus starts, swaps soft, NZD firms, & more
25th Nov 24, 3:59pm
110
A review of things you need to know before you sign off on Monday; no significant retail interest rate changes, retail sales dip, trade deficit narrows, tractors shunned, NIM circus starts, swaps soft, NZD firms, & more
Here are the key changes to know about today in the New Zealand equity market; NZX50 up for yet another recent high, led by Turners and some gentailers. Dragging however were Oceania, Hallensteins, and Spark
25th Nov 24, 3:00pm
Here are the key changes to know about today in the New Zealand equity market; NZX50 up for yet another recent high, led by Turners and some gentailers. Dragging however were Oceania, Hallensteins, and Spark
US rises on service sector optimism; Canadian retail rises; Japanese PMIs positive; Indian PMIs hot; China, EU and Aussie PMIs not; UST 10yr at 4.41%; gold up and oil holds; NZ$1 = 58.3 USc; TWI = 68.3
25th Nov 24, 7:19am
31
US rises on service sector optimism; Canadian retail rises; Japanese PMIs positive; Indian PMIs hot; China, EU and Aussie PMIs not; UST 10yr at 4.41%; gold up and oil holds; NZ$1 = 58.3 USc; TWI = 68.3
US service sector shines; Canadian retail sales up strongly; Japanese inflation eases; India gets the speed wobbles; China equities retreat; UST 10yr at 4.41%; gold and oil rise; NZ$1 = 58.3 USc; TWI = 68.1
23rd Nov 24, 7:56am
88
US service sector shines; Canadian retail sales up strongly; Japanese inflation eases; India gets the speed wobbles; China equities retreat; UST 10yr at 4.41%; gold and oil rise; NZ$1 = 58.3 USc; TWI = 68.1
A review of things you need to know before you sign off on Friday; bitcoin approaches US$100K, NZX sparkles, Landcorp sees better results, NZOnAir releases $11.5 mln, swaps softish, NZD lower, & more
22nd Nov 24, 4:00pm
57
A review of things you need to know before you sign off on Friday; bitcoin approaches US$100K, NZX sparkles, Landcorp sees better results, NZOnAir releases $11.5 mln, swaps softish, NZD lower, & more
US jobs & real estate markets firm; India gripped by Adani corruption case; South Africa cuts rate; S&P500 up on Gaetz withdrawal; UST 10yr at 4.42%; gold firm again but oil still on hold; NZ$1 = 58.6 USc; TWI = 68.3
22nd Nov 24, 7:19am
103
US jobs & real estate markets firm; India gripped by Adani corruption case; South Africa cuts rate; S&P500 up on Gaetz withdrawal; UST 10yr at 4.42%; gold firm again but oil still on hold; NZ$1 = 58.6 USc; TWI = 68.3
A review of things you need to know before you sign off on Thursday; BNZ goes low, home loan affordability for FHBs, Treasury has gloomy outlook, NZGB demand strong, swap curve steepens, NZD eases, & more
21st Nov 24, 3:59pm
62
A review of things you need to know before you sign off on Thursday; BNZ goes low, home loan affordability for FHBs, Treasury has gloomy outlook, NZGB demand strong, swap curve steepens, NZD eases, & more
[updated]
With all the focus by home loan borrowers on short fixed rates (expecting rates to fall further soon), BNZ chops its six month fixed rate to under 6%, the lowest of any bank
21st Nov 24, 8:13am
23
With all the focus by home loan borrowers on short fixed rates (expecting rates to fall further soon), BNZ chops its six month fixed rate to under 6%, the lowest of any bank
US mortgage application levels stay weak; Japanese exports rise; Taiwanese export orders rise; Chinese banks feel consequences; EU warned on high debt & low growth; UST 10yr at 4.41%; gold up again and oil still on hold; NZ$1 = 58.7 USc; TWI = 68.5
21st Nov 24, 7:20am
41
US mortgage application levels stay weak; Japanese exports rise; Taiwanese export orders rise; Chinese banks feel consequences; EU warned on high debt & low growth; UST 10yr at 4.41%; gold up again and oil still on hold; NZ$1 = 58.7 USc; TWI = 68.5
[updated]
A review of things you need to know before you sign off on Wednesday; population growth slows, dairy prices rise, payout forecasts rise, debt stress eases slightly, swaps softish again, NZD firms, & more
20th Nov 24, 4:00pm
38
A review of things you need to know before you sign off on Wednesday; population growth slows, dairy prices rise, payout forecasts rise, debt stress eases slightly, swaps softish again, NZD firms, & more
Dairy prices rise; US retail volumes rise; questions swirl over Fannie Mae; Canadian inflation sticky; India pollution unusually bad; UST 10yr at 4.39%; gold up and oil on hold; NZ$1 = 59 USc; TWI = 68.6
20th Nov 24, 7:19am
40
Dairy prices rise; US retail volumes rise; questions swirl over Fannie Mae; Canadian inflation sticky; India pollution unusually bad; UST 10yr at 4.39%; gold up and oil on hold; NZ$1 = 59 USc; TWI = 68.6
A review of things you need to know before you sign off on Tuesday; fewer job ads, odd inflation survey result, eyes on dairy prices, Foodstuffs to appeal, swaps & NZD little-changed, & more
19th Nov 24, 4:00pm
45
A review of things you need to know before you sign off on Tuesday; fewer job ads, odd inflation survey result, eyes on dairy prices, Foodstuffs to appeal, swaps & NZD little-changed, & more
US & Canada house building turn up; Japan & Singapore data eases; China's population woes qualified; NAB accused by ASIC; UST 10yr at 4.45%; gold and oil up; NZ$1 = 58.7 USc; TWI = 68.5
19th Nov 24, 7:20am
64
US & Canada house building turn up; Japan & Singapore data eases; China's population woes qualified; NAB accused by ASIC; UST 10yr at 4.45%; gold and oil up; NZ$1 = 58.7 USc; TWI = 68.5
A review of things you need to know before you sign off on Monday; services struggling still, eyes on housing market turn, producer costs under up pressure, scam coordination coming, swaps & NZD stable, & more
18th Nov 24, 3:59pm
16
A review of things you need to know before you sign off on Monday; services struggling still, eyes on housing market turn, producer costs under up pressure, scam coordination coming, swaps & NZD stable, & more
Eyes on 2025 and higher inflation; US data mixed; China house prices fall, other data mixed; China ends some export subsidies; UST 10yr at 4.44%; gold and oil soft; NZ$1 = 58.6 USc; TWI = 68.4
18th Nov 24, 7:19am
58
Eyes on 2025 and higher inflation; US data mixed; China house prices fall, other data mixed; China ends some export subsidies; UST 10yr at 4.44%; gold and oil soft; NZ$1 = 58.6 USc; TWI = 68.4
US Fed pulls back from rate cut track; US retail up, factory production down; China data weak except retail sales; China to cut some export subsidies; UST 10yr at 4.45%; gold and oil down; NZ$1 = 58.7 USc; TWI = 68.5
16th Nov 24, 8:13am
99
US Fed pulls back from rate cut track; US retail up, factory production down; China data weak except retail sales; China to cut some export subsidies; UST 10yr at 4.45%; gold and oil down; NZ$1 = 58.7 USc; TWI = 68.5
[updated]
A review of things you need to know before you sign off on Friday; no retail rate changes, PMI orders suggest a turn, IRD active chasing offshore non-payers, company liquidations jump, swaps stable, NZD soft, & more
15th Nov 24, 4:00pm
52
A review of things you need to know before you sign off on Friday; no retail rate changes, PMI orders suggest a turn, IRD active chasing offshore non-payers, company liquidations jump, swaps stable, NZD soft, & more
US labour market stays strong; US PPI rises; EU grows modestly; Aussie labour market rise slows; IEA sees oil glut; Xero hits record high; UST 10yr at 4.40%; gold down and oil little-changed; NZ$1 = 58.8 USc; TWI = 68.5
15th Nov 24, 7:19am
84
US labour market stays strong; US PPI rises; EU grows modestly; Aussie labour market rise slows; IEA sees oil glut; Xero hits record high; UST 10yr at 4.40%; gold down and oil little-changed; NZ$1 = 58.8 USc; TWI = 68.5
A review of things you need to know before you sign off on Thursday; REINZ data mixed, inflation pressures ease, Kookmin to quit NZ, Rennie gets top Treasury job, Bank of China here 10 years, swaps stable, NZD weaker, & more
14th Nov 24, 4:00pm
59
A review of things you need to know before you sign off on Thursday; REINZ data mixed, inflation pressures ease, Kookmin to quit NZ, Rennie gets top Treasury job, Bank of China here 10 years, swaps stable, NZD weaker, & more
US core CPI inflation holds at 3.3%; eyes on US mortgages and personal debt; Japan's PPI rises, India car sales up; Aussie wage cost rises; UST 10yr at 4.45%; gold down and oil little-changed; NZ$1 = 58.9 USc; TWI = 68.6
14th Nov 24, 7:19am
102
US core CPI inflation holds at 3.3%; eyes on US mortgages and personal debt; Japan's PPI rises, India car sales up; Aussie wage cost rises; UST 10yr at 4.45%; gold down and oil little-changed; NZ$1 = 58.9 USc; TWI = 68.6
A review of things you need to know before you sign off on Wednesday; BNZ ends 5% 1yr TD rate, migration rate slows, visitor arrivals stay lackluster, key dairy prices jump, swaps hold but long bonds rise, NZD soft, & more
13th Nov 24, 4:00pm
69
A review of things you need to know before you sign off on Wednesday; BNZ ends 5% 1yr TD rate, migration rate slows, visitor arrivals stay lackluster, key dairy prices jump, swaps hold but long bonds rise, NZD soft, & more
US pre-election data strong; Canada building strong; Japan machine tool orders strong; India battles inflation; Australian sentiment rises; UST 10yr at 4.43%; gold down and oil firm; NZ$1 = 59.2 USc; TWI = 68.8
13th Nov 24, 7:19am
61
US pre-election data strong; Canada building strong; Japan machine tool orders strong; India battles inflation; Australian sentiment rises; UST 10yr at 4.43%; gold down and oil firm; NZ$1 = 59.2 USc; TWI = 68.8
A review of things you need to know before you sign off on Tuesday; truckometer and concrete data lackluster, retail sees a small lift, 20,000 new work visas in October, fines & jail time, realtors warned, swaps stable, NZD lifts, & more
12th Nov 24, 3:59pm
43
A review of things you need to know before you sign off on Tuesday; truckometer and concrete data lackluster, retail sees a small lift, 20,000 new work visas in October, fines & jail time, realtors warned, swaps stable, NZD lifts, & more
China stimulates its car market, but little else; US Q3 earnings strong; Bitcoin has a moment; Malaysia has a building boom; UST 10yr at 4.35%; gold and oil lower again; NZ$1 = 59.6 USc; TWI = 68.9
12th Nov 24, 7:19am
91
China stimulates its car market, but little else; US Q3 earnings strong; Bitcoin has a moment; Malaysia has a building boom; UST 10yr at 4.35%; gold and oil lower again; NZ$1 = 59.6 USc; TWI = 68.9
A review of things you need to know before you sign off on Monday; Kiwibank launches a short TD special, Fonterra delivers good news, grocery price pressures ease, BNZ eyes huge funding, swaps & NZD stable, & more
11th Nov 24, 3:59pm
31
A review of things you need to know before you sign off on Monday; Kiwibank launches a short TD special, Fonterra delivers good news, grocery price pressures ease, BNZ eyes huge funding, swaps & NZD stable, & more