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David Chaston

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.

Member for

14 years 4 months

Latest articles

US jobs and housing data good, not so factory data; Aussie inflation sticky as jobs shrink; container freight rate jumps add to supply chain woes; UST 10yr 4.14%; gold and oil up; NZ$1 = 61.1 USc; TWI-5 = 70.1
19th Jan 24, 7:19am
96
US jobs and housing data good, not so factory data; Aussie inflation sticky as jobs shrink; container freight rate jumps add to supply chain woes; UST 10yr 4.14%; gold and oil up; NZ$1 = 61.1 USc; TWI-5 = 70.1
The next bank to trim home loan rates is Westpac. Their adjustments take them into line with their main rivals. But they did make a +10 bps rise to their six month term deposit rate to a somewhat unique level
18th Jan 24, 6:17pm
5
The next bank to trim home loan rates is Westpac. Their adjustments take them into line with their main rivals. But they did make a +10 bps rise to their six month term deposit rate to a somewhat unique level
A review of things you need to know before you sign off on Thursday; REINZ December data soft, Truckometer shows weakness, inflation components stay up, benefits little-changed, swaps up, NZD lower, & more
18th Jan 24, 3:59pm
34
A review of things you need to know before you sign off on Thursday; REINZ December data soft, Truckometer shows weakness, inflation components stay up, benefits little-changed, swaps up, NZD lower, & more
US data turns positive; Chinese data variable with growing worries about property and population; global corporate defaults rise; UST 10yr 4.12%; gold and oil down again; NZ$1 = 61 USc; TWI-5 = 70.1
18th Jan 24, 7:23am
110
US data turns positive; Chinese data variable with growing worries about property and population; global corporate defaults rise; UST 10yr 4.12%; gold and oil down again; NZ$1 = 61 USc; TWI-5 = 70.1
A review of things you need to know before you sign off on Wednesday; some credit card rates rise, a work visa rush, weak retail, dairy prices up, house prices down, swaps on hold, NZD soft, & more
17th Jan 24, 3:59pm
42
A review of things you need to know before you sign off on Wednesday; some credit card rates rise, a work visa rush, weak retail, dairy prices up, house prices down, swaps on hold, NZD soft, & more
Dairy prices rise; US household spending growth eases; Canadian inflation turns up; China grew 5.2% in 2023; EU data better; Aussie sentiment worse; UST 10yr 4.08%; gold and oil down; NZ$1 = 61.4 USc; TWI-5 = 70.4
17th Jan 24, 7:19am
99
Dairy prices rise; US household spending growth eases; Canadian inflation turns up; China grew 5.2% in 2023; EU data better; Aussie sentiment worse; UST 10yr 4.08%; gold and oil down; NZ$1 = 61.4 USc; TWI-5 = 70.4
A review of things you need to know before you sign off on Tuesday; rate watch for cuts, QSBO picks up, job ads tumble, settlement balances rise as do the costs, swaps firm, NZD soft, & more
16th Jan 24, 3:59pm
103
A review of things you need to know before you sign off on Tuesday; rate watch for cuts, QSBO picks up, job ads tumble, settlement balances rise as do the costs, swaps firm, NZD soft, & more
Savers who value the Government-guaranteed Kiwi Bond offer should be aware that in a declining interest rate environment, these rates are vulnerable to being trimmed
16th Jan 24, 1:31pm
2
Savers who value the Government-guaranteed Kiwi Bond offer should be aware that in a declining interest rate environment, these rates are vulnerable to being trimmed
Davos din starts; China adds banking system liquidity; Canucks depressed; Japanese machine tool orders recover; Aussie judge lays into 'cultural' defenders ; UST 10yr 3.98%; gold up but oil down; NZ$1 = 62 USc; TWI-5 = 70.5
16th Jan 24, 7:20am
71
Davos din starts; China adds banking system liquidity; Canucks depressed; Japanese machine tool orders recover; Aussie judge lays into 'cultural' defenders ; UST 10yr 3.98%; gold up but oil down; NZ$1 = 62 USc; TWI-5 = 70.5
A review of things you need to know before you sign off on Monday; both home loan and term deposit rates slip, grocery price pressure eases, markets price in -1% 2024 OCR cuts, swaps on hold, NZD soft, & more
15th Jan 24, 4:00pm
32
A review of things you need to know before you sign off on Monday; both home loan and term deposit rates slip, grocery price pressure eases, markets price in -1% 2024 OCR cuts, swaps on hold, NZD soft, & more
Both Kiwibank and TSB trim home loan rates to match the big Aussie banks. They also reduce some longer term deposit rates
15th Jan 24, 9:47am
23
Both Kiwibank and TSB trim home loan rates to match the big Aussie banks. They also reduce some longer term deposit rates
Chinese lending fails to impress; China in deflation; Taiwan voters snub China; US PPI falls; Grocery price pressures ease; UST 10yr 3.94%; gold up but oil holds low; NZ$1 = 62.4 USc; TWI-5 = 70.9
15th Jan 24, 7:19am
48
Chinese lending fails to impress; China in deflation; Taiwan voters snub China; US PPI falls; Grocery price pressures ease; UST 10yr 3.94%; gold up but oil holds low; NZ$1 = 62.4 USc; TWI-5 = 70.9
US PPI slips; Indian industrial momentum eases; China lending tame; China in deflation; elections in Taiwan; uranium price zooms higher; UST 10yr 3.96%; gold rises but oil dips; NZ$1 = 62.4 USc; TWI-5 = 70.9
13th Jan 24, 8:24am
96
US PPI slips; Indian industrial momentum eases; China lending tame; China in deflation; elections in Taiwan; uranium price zooms higher; UST 10yr 3.96%; gold rises but oil dips; NZ$1 = 62.4 USc; TWI-5 = 70.9
Above 6% term deposit rates are changing behaviour in the household bank deposit sector. But households still haven't shifted to levels that were normal prior to the pandemic
12th Jan 24, 12:00pm
48
Above 6% term deposit rates are changing behaviour in the household bank deposit sector. But households still haven't shifted to levels that were normal prior to the pandemic
American inflation rises; US jobless claims low; neither China nor the US adopting EVs like NZ; global container freight rates rise again; UST 10yr 4.03%; gold dips and oil rises; NZ$1 = 62.1 USc; TWI-5 = 70.7
12th Jan 24, 7:23am
58
American inflation rises; US jobless claims low; neither China nor the US adopting EVs like NZ; global container freight rates rise again; UST 10yr 4.03%; gold dips and oil rises; NZ$1 = 62.1 USc; TWI-5 = 70.7
Fast-reducing townhouse consent levels are driving overall residential building consent levels into a sharp contraction, even if construction cost pressures ease
11th Jan 24, 11:23am
102
Fast-reducing townhouse consent levels are driving overall residential building consent levels into a sharp contraction, even if construction cost pressures ease
2024 to get huge bond issuance; eyes on Chinese bank loan levels and US CPI; insurance premium rises drive Aussie inflation; air cargo rises; UST 10yr 4.00%; gold dips and oil slips; NZ$1 = 62.2 USc; TWI-5 = 70.7
11th Jan 24, 7:21am
76
2024 to get huge bond issuance; eyes on Chinese bank loan levels and US CPI; insurance premium rises drive Aussie inflation; air cargo rises; UST 10yr 4.00%; gold dips and oil slips; NZ$1 = 62.2 USc; TWI-5 = 70.7
The Co-operative Bank becomes the first mover on home loan and term deposit rates in 2024, even if most of its changes mirror those made by the majors at the end of last year
10th Jan 24, 2:49pm
2
The Co-operative Bank becomes the first mover on home loan and term deposit rates in 2024, even if most of its changes mirror those made by the majors at the end of last year
Barfoot & Thompson's December sales were one of their best in 2023, enabling them to round out 2023 marginally better than the unusually weak 2022. Prices were little-changed
10th Jan 24, 10:26am
62
Barfoot & Thompson's December sales were one of their best in 2023, enabling them to round out 2023 marginally better than the unusually weak 2022. Prices were little-changed
US data positive; Taiwan exports soar; Aussie retail solid; global food prices ease; global economic expansion stunted; UST 10yr 4.01%; gold dips and oil recovers; NZ$1 = 62.4 USc; TWI-5 = 70.9
10th Jan 24, 7:22am
39
US data positive; Taiwan exports soar; Aussie retail solid; global food prices ease; global economic expansion stunted; UST 10yr 4.01%; gold dips and oil recovers; NZ$1 = 62.4 USc; TWI-5 = 70.9
US inflation expectations retreat; Fed balance sheet shrinks fast; EU sentiment rises; NZ dairy exports to China now tariff-free; UST 10yr 3.98%; gold down and oil slumps; NZ$1 = 62.5 USc; TWI-5 = 70.8
9th Jan 24, 7:19am
91
US inflation expectations retreat; Fed balance sheet shrinks fast; EU sentiment rises; NZ dairy exports to China now tariff-free; UST 10yr 3.98%; gold down and oil slumps; NZ$1 = 62.5 USc; TWI-5 = 70.8
[updated]
China's reserves rise, but momentum leaks from car and property markets; Singapore retail recovers; US labour market expands again; German inflation stays high; UST 10yr 4.05%; gold and oil up; NZ$1 = 62.4 USc; TWI-5 = 70.8
8th Jan 24, 7:19am
99
China's reserves rise, but momentum leaks from car and property markets; Singapore retail recovers; US labour market expands again; German inflation stays high; UST 10yr 4.05%; gold and oil up; NZ$1 = 62.4 USc; TWI-5 = 70.8
We analyse the the recent changes in mortgage market share and find that while the big five banks' dominance isn't challenged, there are interesting shifts between them
7th Jan 24, 8:00am
13
We analyse the the recent changes in mortgage market share and find that while the big five banks' dominance isn't challenged, there are interesting shifts between them
US labour market strength extends; new orders up; Japanese consumer confidence up; Zhongzhi bankrupt; EU inflation sticky; UST 10yr 4.03%; gold little-changed and oil firm; NZ$1 = 62.4 USc; TWI-5 = 70.8
6th Jan 24, 8:33am
42
US labour market strength extends; new orders up; Japanese consumer confidence up; Zhongzhi bankrupt; EU inflation sticky; UST 10yr 4.03%; gold little-changed and oil firm; NZ$1 = 62.4 USc; TWI-5 = 70.8
December sales of new cars with traditional internal combustion engines tails off sharply (with commercial vehicles) while the expiring Clean Car Discount turbocharges NEVs
6th Jan 24, 6:43am
123
December sales of new cars with traditional internal combustion engines tails off sharply (with commercial vehicles) while the expiring Clean Car Discount turbocharges NEVs