David Chaston

US retail and services sectors buoy sentiment, factories not so much; China says profits rising but demographics bite hard; Taiwan sentiment surges; UST 10yr 3.84%; gold unchanged and oil down; NZ$1 = 62.5 USc; TWI-5 = 70.1

US retail and services sectors buoy sentiment, factories not so much; China says profits rising but demographics bite hard; Taiwan sentiment surges; UST 10yr 3.84%; gold unchanged and oil down; NZ$1 = 62.5 USc; TWI-5 = 70.1

A review of things you need to know before you sign off on Tuesday; no significant rate changes, easier for FHBs, tougher for commercial property, analysts more bullish on milk price, TSB cops big fine, swaps & NZD stable, & much more

A review of things you need to know before you sign off on Tuesday; no significant rate changes, easier for FHBs, tougher for commercial property, analysts more bullish on milk price, TSB cops big fine, swaps & NZD stable, & much more

Dear readers, thank you for your support. You have helped us to consecutive record months of readership

Dear readers, thank you for your support. You have helped us to consecutive record months of readership

US factory orders jump; Texas struggles; Germany struggles; China faces bond bubble; Insurance hits housing affordability; UST 10yr 3.81%; gold at new high and oil up; NZ$1 = 62.1 USc; TWI-5 = 69.6

US factory orders jump; Texas struggles; Germany struggles; China faces bond bubble; Insurance hits housing affordability; UST 10yr 3.81%; gold at new high and oil up; NZ$1 = 62.1 USc; TWI-5 = 69.6

A review of things you need to know before you sign off on Monday; More rate cuts, KiwiSaver assets rise, FHBs at capacity, big fine for big lie, swaps and NZD stable, and more

A review of things you need to know before you sign off on Monday; More rate cuts, KiwiSaver assets rise, FHBs at capacity, big fine for big lie, swaps and NZD stable, and more

More dotplots, this time for savers. And they tell a story of fast-retreating rate offers. Six percent has largely vanished, although if you are quick one or two can still be found

More dotplots, this time for savers. And they tell a story of fast-retreating rate offers. Six percent has largely vanished, although if you are quick one or two can still be found

Japan gets its embedded inflation; Taiwan rises; China ends new steel capacity; US ready to cut rates; Australia ready to disconnect; UST 10yr 3.80%; gold back near ATH and oil firmish; NZ$1 = 62.3 USc; TWI-5 = 69.9

Japan gets its embedded inflation; Taiwan rises; China ends new steel capacity; US ready to cut rates; Australia ready to disconnect; UST 10yr 3.80%; gold back near ATH and oil firmish; NZ$1 = 62.3 USc; TWI-5 = 69.9

Powell says 'the time has come'; US new home sales jump, commercial property struggles; Canada still faces rail disruption; Taiwan rises; Japan still faces rate hikes; UST 10yr 3.80%; gold and oil firmer; NZ$1 = 62.3 USc; TWI-5 = 69.9

Powell says 'the time has come'; US new home sales jump, commercial property struggles; Canada still faces rail disruption; Taiwan rises; Japan still faces rate hikes; UST 10yr 3.80%; gold and oil firmer; NZ$1 = 62.3 USc; TWI-5 = 69.9

A review of things you need to know before you sign off on Friday; Fonterra raises milk payout forecast, retail volumes sink, RBNZ Dashboard data updated, swaps firmish, NZD firmer too, & more

A review of things you need to know before you sign off on Friday; Fonterra raises milk payout forecast, retail volumes sink, RBNZ Dashboard data updated, swaps firmish, NZD firmer too, & more

US data mixed but mostly positive; Canada rail system shuts on labour dispute; India expansion rolls on; container freight rates ease again; UST 10yr 3.86%; gold falls but oil firmer; NZ$1 = 61.3 USc; TWI-5 = 69.4

US data mixed but mostly positive; Canada rail system shuts on labour dispute; India expansion rolls on; container freight rates ease again; UST 10yr 3.86%; gold falls but oil firmer; NZ$1 = 61.3 USc; TWI-5 = 69.4

A review of things you need to know before you sign off on Thursday; more rate cuts from majors again, Kiwibank reports record profit, regions suffering, emissions falling, NIMs stable, swaps stable, NZD holds, & more

A review of things you need to know before you sign off on Thursday; more rate cuts from majors again, Kiwibank reports record profit, regions suffering, emissions falling, NIMs stable, swaps stable, NZD holds, & more

Treasury takes -75 bps off most Kiwi Bond interest rates, the benchmark for risk-free saving for retail savers

Treasury takes -75 bps off most Kiwi Bond interest rates, the benchmark for risk-free saving for retail savers

ASB reclaims its market leading rate card with more rapid-fire rate cuts. Challenger banks also chime in with some notably low levels too

ASB reclaims its market leading rate card with more rapid-fire rate cuts. Challenger banks also chime in with some notably low levels too

US jobs growth not as strong as first reported; Fed minutes confirm likely September cut; China threatens the EU on dairy trade; UST 10yr 3.78%; gold holds but oil softer; NZ$1 = 61.6 USc; TWI-5 = 69.4

US jobs growth not as strong as first reported; Fed minutes confirm likely September cut; China threatens the EU on dairy trade; UST 10yr 3.78%; gold holds but oil softer; NZ$1 = 61.6 USc; TWI-5 = 69.4

A review of things you need to know before you sign off on Wednesday; more me-too rate cuts but SBS Bank goes lower, dairy prices rise, credit card data tame, listeds make news, swaps stable, NZD firm, & more

A review of things you need to know before you sign off on Wednesday; more me-too rate cuts but SBS Bank goes lower, dairy prices rise, credit card data tame, listeds make news, swaps stable, NZD firm, & more

Dairy prices rise; US retail healthy; Taiwan exports strong; cheap energy keeps German PPI low; Sweden cuts; RBA fears lack of inflation progress; UST 10yr 3.83%; gold up while oil softer; NZ$1 = 61.4 USc; TWI-5 = 69.3

Dairy prices rise; US retail healthy; Taiwan exports strong; cheap energy keeps German PPI low; Sweden cuts; RBA fears lack of inflation progress; UST 10yr 3.83%; gold up while oil softer; NZ$1 = 61.4 USc; TWI-5 = 69.3

A review of things you need to know before you sign off on Tuesday; BNZ cuts home loan rates, REINZ data shows sellers meeting market lower, ComCom releases banking investigation, job ads rise, swaps hold, NZD firms, & more

A review of things you need to know before you sign off on Tuesday; BNZ cuts home loan rates, REINZ data shows sellers meeting market lower, ComCom releases banking investigation, job ads rise, swaps hold, NZD firms, & more

Markets bet the Fed will cut at each remaining 2024 review; Japan wins more machinery orders; eyes on China LPRs; Australia sees lower iron ore price; UST 10yr 3.87%; gold holds while oil drops; NZ$1 = 61 USc; TWI-5 = 69

Markets bet the Fed will cut at each remaining 2024 review; Japan wins more machinery orders; eyes on China LPRs; Australia sees lower iron ore price; UST 10yr 3.87%; gold holds while oil drops; NZ$1 = 61 USc; TWI-5 = 69

A review of things you need to know before you sign off on Monday; ANZ cuts hard, auction activity weak, PSI 'awful', population growth slows, swaps firmish, NZD stable, & more

A review of things you need to know before you sign off on Monday; ANZ cuts hard, auction activity weak, PSI 'awful', population growth slows, swaps firmish, NZD stable, & more

ANZ cuts fixed home loan rate card to best in market, and cuts term deposit rates just as hard. The Cooperative bank goes even lower for a one year fixed term. BNZ follows

ANZ cuts fixed home loan rate card to best in market, and cuts term deposit rates just as hard. The Cooperative bank goes even lower for a one year fixed term. BNZ follows

Banks pull back more on 6% offers for terms less than one year, and draw term deposit rates for 4%+ into terms now ranging from 18 months

Banks pull back more on 6% offers for terms less than one year, and draw term deposit rates for 4%+ into terms now ranging from 18 months

China FDI not recovering; China blocks market stats; Taiwan expansion extends; India public debt grows; US data positive except for housing; UST 10yr 3.88%; gold at all-time high while oil unchanged; NZ$1 = 60.5 USc; TWI-5 = 68.8

China FDI not recovering; China blocks market stats; Taiwan expansion extends; India public debt grows; US data positive except for housing; UST 10yr 3.88%; gold at all-time high while oil unchanged; NZ$1 = 60.5 USc; TWI-5 = 68.8

US sentiment rises; US housing starts sink, rise in Canada; China FDI stunted; India battles big deficits and infrastructure needs; UST 10yr 3.89%; gold hits ATH while oil turns lower; NZ$1 = 60.5 USc; TWI-5 = 68.8

US sentiment rises; US housing starts sink, rise in Canada; China FDI stunted; India battles big deficits and infrastructure needs; UST 10yr 3.89%; gold hits ATH while oil turns lower; NZ$1 = 60.5 USc; TWI-5 = 68.8

Westpac makes its fourth home loan rate cut since the start of July in a bid to claim the 'lowest rate card'

Westpac makes its fourth home loan rate cut since the start of July in a bid to claim the 'lowest rate card'

A review of things you need to know before you sign off on Friday; more retail rate cuts, PMI 'dreadful', PPI rises but farm expenses fall, swaps still moving, NZD stable, & more

A review of things you need to know before you sign off on Friday; more retail rate cuts, PMI 'dreadful', PPI rises but farm expenses fall, swaps still moving, NZD stable, & more