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 Friday; past dues and late payments rise, house building sector bottoms out, consumers moods not improving, NZ faces 15% US tariffs, swaps firmish, NZD lower, & more
1st Aug 25, 4:00pm
20
A review of things you need to know before you sign off on Friday; past dues and late payments rise, house building sector bottoms out, consumers moods not improving, NZ faces 15% US tariffs, swaps firmish, NZD lower, & more
US data soft, inflation data higher; Canada holds on despite threats; Japan factories busy; China factories less busy; freight data shows mixed fortunes; UST 10yr at 4.36%; gold firms and oil falls; NZ$1 = 58.9 USc; TWI-5 = 67.4
1st Aug 25, 7:21am
10
US data soft, inflation data higher; Canada holds on despite threats; Japan factories busy; China factories less busy; freight data shows mixed fortunes; UST 10yr at 4.36%; gold firms and oil falls; NZ$1 = 58.9 USc; TWI-5 = 67.4
A review of things you need to know before you sign off on Thursday; some lower TD rates, Xero survey smells like recession; housing lending strong, households keep cash ready, huge demand for NZGBs, swaps soft, NZD falls, & more
31st Jul 25, 3:59pm
11
A review of things you need to know before you sign off on Thursday; some lower TD rates, Xero survey smells like recession; housing lending strong, households keep cash ready, huge demand for NZGBs, swaps soft, NZD falls, & more
US Fed holds but markets react sharply; US surprisingly exempts refined copper from key tariff hit; Canada holds, Singapore holds; Aussie inflation eases; UST 10yr at 4.37%; gold drops and oil rises; NZ$1 = 58.9 USc; TWI-5 = 67.2
31st Jul 25, 7:23am
13
US Fed holds but markets react sharply; US surprisingly exempts refined copper from key tariff hit; Canada holds, Singapore holds; Aussie inflation eases; UST 10yr at 4.37%; gold drops and oil rises; NZ$1 = 58.9 USc; TWI-5 = 67.2
A review of things you need to know before you sign off on Wednesday; business sentiment still weak, dairy prices hold, Kiwibank gets OK to sell shares to raise capital, life expectancy rises, swaps soft, NZD holds, & more
30th Jul 25, 3:59pm
5
A review of things you need to know before you sign off on Wednesday; business sentiment still weak, dairy prices hold, Kiwibank gets OK to sell shares to raise capital, life expectancy rises, swaps soft, NZD holds, & more
IMF firms global growth forecasts on resilience; China-US talks extended; US sentiment hurt by jobs worries; US signals much more debt raising; UST 10yr at 4.33%; gold and oil rise; NZ$1 = 59.6 USc; TWI-5 = 67.5
30th Jul 25, 7:20am
31
IMF firms global growth forecasts on resilience; China-US talks extended; US sentiment hurt by jobs worries; US signals much more debt raising; UST 10yr at 4.33%; gold and oil rise; NZ$1 = 59.6 USc; TWI-5 = 67.5
A review of things you need to know before you sign off on Tuesday; home improvement sector retreats; tobacco lobby wins big, commercial property vacancies swell; retail titan dead; swaps stable, NZD holds, & more
29th Jul 25, 3:59pm
15
A review of things you need to know before you sign off on Tuesday; home improvement sector retreats; tobacco lobby wins big, commercial property vacancies swell; retail titan dead; swaps stable, NZD holds, & more
Signs tariff deals with the US may unravel; markets eye US Fed decisions; China FDI shrinks again; Indian industrial production up; UST 10yr at 4.42%; gold lower, oil firm; NZ$1 = 59.7 USc; TWI-5 = 67.6
29th Jul 25, 7:22am
14
Signs tariff deals with the US may unravel; markets eye US Fed decisions; China FDI shrinks again; Indian industrial production up; UST 10yr at 4.42%; gold lower, oil firm; NZ$1 = 59.7 USc; TWI-5 = 67.6
A review of things you need to know before you sign off on Monday; jobs market quiet, Auckland housebuilding flattening, end of surcharging signaled, log market in balance, NZX rises, swaps stable, NZD firm, & more
28th Jul 25, 3:59pm
16
A review of things you need to know before you sign off on Monday; jobs market quiet, Auckland housebuilding flattening, end of surcharging signaled, log market in balance, NZX rises, swaps stable, NZD firm, & more
EU & US cut a tariff deal; China profits slip; Russia cuts rate sharply, Europe on even keel; German sentiment improves; US durable goods orders fall; UST 10yr at 4.39%; gold lower, oil soft; NZ$1 = 60.1 USc; TWI-5 = 67.7
28th Jul 25, 7:19am
4
EU & US cut a tariff deal; China profits slip; Russia cuts rate sharply, Europe on even keel; German sentiment improves; US durable goods orders fall; UST 10yr at 4.39%; gold lower, oil soft; NZ$1 = 60.1 USc; TWI-5 = 67.7
Eyes on EU-US tariff deal; US durable goods orders lame; China struggles with overcapacity; EU sentiment improves; Australia gets many roundtables; UST 10yr at 4.39%; gold lower, oil soft; NZ$1 = 60.1 USc; TWI-5 = 67.7
26th Jul 25, 8:36am
8
Eyes on EU-US tariff deal; US durable goods orders lame; China struggles with overcapacity; EU sentiment improves; Australia gets many roundtables; UST 10yr at 4.39%; gold lower, oil soft; NZ$1 = 60.1 USc; TWI-5 = 67.7
A review of things you need to know before you sign off on Friday; no retail rate changes, bailiffs get tech tool, NZGBs remain popular, livestock farmers join dairy farmers in price boost, water situation good, swaps stable, NZD eases, & more
25th Jul 25, 3:59pm
19
A review of things you need to know before you sign off on Friday; no retail rate changes, bailiffs get tech tool, NZGBs remain popular, livestock farmers join dairy farmers in price boost, water situation good, swaps stable, NZD eases, & more
US factories slower but service sector rises; Canadian retail rises; India PMIs rise; India & UK sign trade deal; ECB ends rate cut cycle; container freight rates dip; UST 10yr at 4.41%; gold lower, oil stable; NZ$1 = 60.4 USc; TWI-5 = 67.8
25th Jul 25, 7:19am
1
US factories slower but service sector rises; Canadian retail rises; India PMIs rise; India & UK sign trade deal; ECB ends rate cut cycle; container freight rates dip; UST 10yr at 4.41%; gold lower, oil stable; NZ$1 = 60.4 USc; TWI-5 = 67.8
A review of things you need to know before you sign off on Thursday; BNZ drops 4% TD rate, updated FHB report released, Pāmu bullish, NZX's Petersen leaving, swaps stable, NZD firmish, & more
24th Jul 25, 3:59pm
5
A review of things you need to know before you sign off on Thursday; BNZ drops 4% TD rate, updated FHB report released, Pāmu bullish, NZX's Petersen leaving, swaps stable, NZD firmish, & more
Rates and rate curves ease lower and flatten for savers using term deposits. There seems little reason for banks to compete hard for this type of funding
24th Jul 25, 11:57am
4
Rates and rate curves ease lower and flatten for savers using term deposits. There seems little reason for banks to compete hard for this type of funding
US data ho-hum; US-Japan tariff deal reached; EU looks for similar; Korea sentiment rises; Taiwan industry zooms; Australian leading index dips; UST 10yr at 4.39%; gold down while oil stable; NZ$1 = 60.4 USc; TWI-5 = 67.7
24th Jul 25, 7:19am
12
US data ho-hum; US-Japan tariff deal reached; EU looks for similar; Korea sentiment rises; Taiwan industry zooms; Australian leading index dips; UST 10yr at 4.39%; gold down while oil stable; NZ$1 = 60.4 USc; TWI-5 = 67.7
A review of things you need to know before you sign off on Wednesday; changing immigrant skills, record bank switching, salting away extra mortgage payments, Tower drops discounts, swaps slip, NZD rises, & more
23rd Jul 25, 3:59pm
12
A review of things you need to know before you sign off on Wednesday; changing immigrant skills, record bank switching, salting away extra mortgage payments, Tower drops discounts, swaps slip, NZD rises, & more
US factory survey turns lower as company profits hit by tariffs; Taiwan shines; Japan reacts to election; Europe gets the housing bug; UST 10yr at 4.34%; gold & silver up while US oil drops; NZ$1 = 60 USc; TWI-5 = 67.5
23rd Jul 25, 7:22am
16
US factory survey turns lower as company profits hit by tariffs; Taiwan shines; Japan reacts to election; Europe gets the housing bug; UST 10yr at 4.34%; gold & silver up while US oil drops; NZ$1 = 60 USc; TWI-5 = 67.5
A review of things you need to know before you sign off on Tuesday; housing affordability in virtuous trend, retailers feel better, another trade surplus, debt demand rises, NZX50 falls, swaps stable, NZD slips, & more
22nd Jul 25, 4:00pm
26
A review of things you need to know before you sign off on Tuesday; housing affordability in virtuous trend, retailers feel better, another trade surplus, debt demand rises, NZX50 falls, swaps stable, NZD slips, & more
US leading index weakens again; Bessent attacks Fed, again; Canadians stoic under pressure; China rethinks unrestrained competition; UST 10yr at 4.37%; gold up and oil little-changed; NZ$1 = 59.8 USc; TWI-5 = 67.4
22nd Jul 25, 7:24am
7
US leading index weakens again; Bessent attacks Fed, again; Canadians stoic under pressure; China rethinks unrestrained competition; UST 10yr at 4.37%; gold up and oil little-changed; NZ$1 = 59.8 USc; TWI-5 = 67.4
A review of things you need to know before you sign off on Monday; few retail rate changes, CPI inflation rises, ComCom debunks Fed Farmers conspiracy theory, China moves at speed and at scale, swaps firm, NZD softish, & more
21st Jul 25, 3:58pm
22
A review of things you need to know before you sign off on Monday; few retail rate changes, CPI inflation rises, ComCom debunks Fed Farmers conspiracy theory, China moves at speed and at scale, swaps firm, NZD softish, & more
Eyes on NZ CPI; Japan government takes a drubbing, inflation eases; US housebuilding weaker except in Northeast; will Trump fire Powell?; RBA minutes due; UST 10yr at 4.43%; gold and oil little-changed; NZ$1 = 59.6 USc; TWI-5 = 67.5
21st Jul 25, 7:19am
2
Eyes on NZ CPI; Japan government takes a drubbing, inflation eases; US housebuilding weaker except in Northeast; will Trump fire Powell?; RBA minutes due; UST 10yr at 4.43%; gold and oil little-changed; NZ$1 = 59.6 USc; TWI-5 = 67.5
American housebuilding weak everywhere except in one pocket; US sentiment stabilises at low level; eyes on Japan; Malaysia growth good; UST 10yr at 4.42%; gold and oil little-changed; NZ$1 = 59.6 USc; TWI-5 = 67.5
19th Jul 25, 8:16am
18
American housebuilding weak everywhere except in one pocket; US sentiment stabilises at low level; eyes on Japan; Malaysia growth good; UST 10yr at 4.42%; gold and oil little-changed; NZ$1 = 59.6 USc; TWI-5 = 67.5
A review of things you need to know before you sign off on Friday; more NBDT TD rate cuts, real estate agent commissions revealed, credit card billing bump, swaps with firm tone, NZD end the week rising, & more
18th Jul 25, 3:59pm
12
A review of things you need to know before you sign off on Friday; more NBDT TD rate cuts, real estate agent commissions revealed, credit card billing bump, swaps with firm tone, NZD end the week rising, & more
US data positive under tariff protection; Canada concede on dairy access; Singapore exports rise; eyes on RBA as labour market softens wile inflation stays up; UST 10yr at 4.47%; gold down and oil up; NZ$1 = 59.3 USc; TWI-5 = 67.2
18th Jul 25, 7:19am
6
US data positive under tariff protection; Canada concede on dairy access; Singapore exports rise; eyes on RBA as labour market softens wile inflation stays up; UST 10yr at 4.47%; gold down and oil up; NZ$1 = 59.3 USc; TWI-5 = 67.2