David Chaston

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

US data surprises with strength; Canada house prices fall; Japan GDP jumps; China data lackluster; Aussie inflation expectations stay elevated; UST 10yr 3.93%; gold and oil firm; NZ$1 = 60 USc; TWI-5 = 68.5

US data surprises with strength; Canada house prices fall; Japan GDP jumps; China data lackluster; Aussie inflation expectations stay elevated; UST 10yr 3.93%; gold and oil firm; NZ$1 = 60 USc; TWI-5 = 68.5

A review of things you need to know before you sign off on Thursday; stragglers cut, retail sales hold, food prices rise again, inflation expectations sticky, NZGBs popular, swaps down, NZD little-changed, & more

A review of things you need to know before you sign off on Thursday; stragglers cut, retail sales hold, food prices rise again, inflation expectations sticky, NZGBs popular, swaps down, NZD little-changed, & more

US CPI rate expectations confirmed; US mortgage applications jump; India & China on holiday; Kishida resigns; UK CPI holds; UST 10yr 3.83%; gold and oil retreat; NZ$1 = 60 USc; TWI-5 = 68.5

US CPI rate expectations confirmed; US mortgage applications jump; India & China on holiday; Kishida resigns; UK CPI holds; UST 10yr 3.83%; gold and oil retreat; NZ$1 = 60 USc; TWI-5 = 68.5

A review of things you need to know before you sign off on Wednesday; RBNZ cuts, some banks follow quickly, RBNZ data shows recession, ASB profit falls, swaps slip, NZD retreats, & more

A review of things you need to know before you sign off on Wednesday; RBNZ cuts, some banks follow quickly, RBNZ data shows recession, ASB profit falls, swaps slip, NZD retreats, & more

Live-streamed video from the August 2024 RBNZ Monetary Policy Statement press conference with Governor Adrian Orr

Live-streamed video from the August 2024 RBNZ Monetary Policy Statement press conference with Governor Adrian Orr

Kiwibank leads the rate cutting following the RBNZ's 25 basis points OCR reduction. ASB also cut fixed rates making its whole rate card market-leading - for now. ANZ cuts too, now Westpac

Kiwibank leads the rate cutting following the RBNZ's 25 basis points OCR reduction. ASB also cut fixed rates making its whole rate card market-leading - for now. ANZ cuts too, now Westpac

US activity data positive, inflation low; Japanese machine tool orders rise; China in deepening funk; Aussie sentiment stays modestly positive; UST 10yr 3.86%; gold and oil little-changed; NZ$1 = 60.7 USc; TWI-5 = 69.2

US activity data positive, inflation low; Japanese machine tool orders rise; China in deepening funk; Aussie sentiment stays modestly positive; UST 10yr 3.86%; gold and oil little-changed; NZ$1 = 60.7 USc; TWI-5 = 69.2

A review of things you need to know before you sign off on Tuesday; a new low 1yr mortgage rate, house values retreat, more immigrants, more visitors, swaps stable, NZD firm, & more

A review of things you need to know before you sign off on Tuesday; a new low 1yr mortgage rate, house values retreat, more immigrants, more visitors, swaps stable, NZD firm, & more

TSB jumps in with a market-low one year home loan rate of 6.69%, a 16 bps advantage over the major banks. Others are likely waiting for the RBNZ before assessing their rate moves

TSB jumps in with a market-low one year home loan rate of 6.69%, a 16 bps advantage over the major banks. Others are likely waiting for the RBNZ before assessing their rate moves

US inflation expectations fall; global crop output healthy; Canada building consents dive; strikes rise in China; India inflation eases; UST 10yr 3.91%; gold and oil rise; NZ$1 = 60.2 USc; TWI-5 = 68.9

US inflation expectations fall; global crop output healthy; Canada building consents dive; strikes rise in China; India inflation eases; UST 10yr 3.91%; gold and oil rise; NZ$1 = 60.2 USc; TWI-5 = 68.9

A review of things you need to know before you sign off on Monday; no retail rate changes, new building work slows fast, Govt warned its water 'reform' carries big financial risks, grocery inflation slows, swaps stable, NZD stable, & more

A review of things you need to know before you sign off on Monday; no retail rate changes, new building work slows fast, Govt warned its water 'reform' carries big financial risks, grocery inflation slows, swaps stable, NZD stable, & more

China CPI & PPI struggle with deflationary pressures; China vehicle sales dive; Canada employment marks time; Russia inflation rises; UST 10yr 3.94%; gold and oil firmish; NZ$1 = 60 USc; TWI-5 = 68.7

China CPI & PPI struggle with deflationary pressures; China vehicle sales dive; Canada employment marks time; Russia inflation rises; UST 10yr 3.94%; gold and oil firmish; NZ$1 = 60 USc; TWI-5 = 68.7

Retail interest rates have been on the move recently, and the period of change is far from over. We take a early, interim look at one measure of bank rate spreads to assess how these changes are playing out

Retail interest rates have been on the move recently, and the period of change is far from over. We take a early, interim look at one measure of bank rate spreads to assess how these changes are playing out

US slows its balance sheet shrinkage; Canada labour market eases; China battles deflationary forces; Russia battles inflation jump; Wall Street ends with big weekly gain; UST 10yr 3.94%; gold and oil up; NZ$1 = 60 USc; TWI-5 = 68.6

US slows its balance sheet shrinkage; Canada labour market eases; China battles deflationary forces; Russia battles inflation jump; Wall Street ends with big weekly gain; UST 10yr 3.94%; gold and oil up; NZ$1 = 60 USc; TWI-5 = 68.6

A review of things you need to know before you sign off on Friday; many TD cuts, smaller houses, concrete pour rises, corruption penalised, expensive bank capital, swaps stable, NZD up, & more

A review of things you need to know before you sign off on Friday; many TD cuts, smaller houses, concrete pour rises, corruption penalised, expensive bank capital, swaps stable, NZD up, & more

US labour market stays healthy; US petrol prices low; India holds policy rate again; Taiwan exports rise; container shipping freight rates ease marginally; UST 10yr 4.00%; gold and oil up; NZ$1 = 60 USc; TWI-5 = 68.7

US labour market stays healthy; US petrol prices low; India holds policy rate again; Taiwan exports rise; container shipping freight rates ease marginally; UST 10yr 4.00%; gold and oil up; NZ$1 = 60 USc; TWI-5 = 68.7

Home loan rates fall again at two more banks, and 5.99% seems to be where carded retail rates are headed with SBS Bank offering that for two years fixed

Home loan rates fall again at two more banks, and 5.99% seems to be where carded retail rates are headed with SBS Bank offering that for two years fixed

A review of things you need to know before you sign off on Thursday; SBS Bank drops key rate, RBNZ survey very supportive for rate cut, card activity weak, strong NZGB demand, swaps lower, NZD stable, & more

A review of things you need to know before you sign off on Thursday; SBS Bank drops key rate, RBNZ survey very supportive for rate cut, card activity weak, strong NZGB demand, swaps lower, NZD stable, & more

Savers can expect to wave goodbye to 6% term deposit rates very soon. It is tougher to now earn a positive after-tax, after-inflation return - but still doable

Savers can expect to wave goodbye to 6% term deposit rates very soon. It is tougher to now earn a positive after-tax, after-inflation return - but still doable

US data largely positive; China exports fall, reserves rise; China's dairy industry struggles; Aussie CoL indexes higher than CPI; UST 10yr 3.97%; gold unchanged and oil up; NZ$1 = 60.1 USc; TWI-5 = 68.9

US data largely positive; China exports fall, reserves rise; China's dairy industry struggles; Aussie CoL indexes higher than CPI; UST 10yr 3.97%; gold unchanged and oil up; NZ$1 = 60.1 USc; TWI-5 = 68.9

A review of things you need to know before you sign off on Wednesday; only small retail rate changes today, jobs data not as tough as expected, dairy prices hold, swap rates rise sharply, NZD rises too, & more

A review of things you need to know before you sign off on Wednesday; only small retail rate changes today, jobs data not as tough as expected, dairy prices hold, swap rates rise sharply, NZD rises too, & more

Dairy prices firm; US data belies recession mood; China steel prices fall hard again; EU retail volumes soft; RBA firm on inflation-beating targets; UST 10yr 3.88%; gold down and oil little-changed; NZ$1 = 59.6 USc; TWI-5 = 68.2

Dairy prices firm; US data belies recession mood; China steel prices fall hard again; EU retail volumes soft; RBA firm on inflation-beating targets; UST 10yr 3.88%; gold down and oil little-changed; NZ$1 = 59.6 USc; TWI-5 = 68.2

A review of things you need to know before you sign off on Tuesday; some big retail rate changes, auctions draw more bidders, long ban, eyes on HLFS and RBA, swaps stop falling, NZD holds, & more

A review of things you need to know before you sign off on Tuesday; some big retail rate changes, auctions draw more bidders, long ban, eyes on HLFS and RBA, swaps stop falling, NZD holds, & more

A severe lack of rain, wind and sun is exposing the risks of renewable electricity generation's role in our baseload electricity requirements. Prices look set to rise for retail users

A severe lack of rain, wind and sun is exposing the risks of renewable electricity generation's role in our baseload electricity requirements. Prices look set to rise for retail users