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 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
27th Aug 24, 7:19am
45
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
26th Aug 24, 3:59pm
61
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
26th Aug 24, 2:57pm
6
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
26th Aug 24, 7:20am
59
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
24th Aug 24, 8:28am
35
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
[updated]
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
23rd Aug 24, 3:59pm
47
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
23rd Aug 24, 7:20am
59
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
22nd Aug 24, 4:00pm
74
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
22nd Aug 24, 2:42pm
4
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
22nd Aug 24, 9:08am
41
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
22nd Aug 24, 7:19am
139
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
21st Aug 24, 3:59pm
72
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
21st Aug 24, 7:18am
104
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
20th Aug 24, 3:59pm
92
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
20th Aug 24, 7:19am
36
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
19th Aug 24, 3:59pm
42
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
[updated]
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
19th Aug 24, 12:53pm
94
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
[updated]
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
19th Aug 24, 12:12pm
9
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
19th Aug 24, 7:20am
103
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
17th Aug 24, 8:35am
78
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'
16th Aug 24, 4:07pm
17
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
16th Aug 24, 3:59pm
92
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
16th Aug 24, 7:19am
117
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
15th Aug 24, 3:59pm
87
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
15th Aug 24, 7:19am
97
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