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
A review of things you need to know before you sign off on Monday; Heartland tweaks Notice Savers higher, immigration angst in NZ & AU, POT selldown starts, swaps firm, NZD on hold, & more
11th Dec 23, 4:00pm
29
A review of things you need to know before you sign off on Monday; Heartland tweaks Notice Savers higher, immigration angst in NZ & AU, POT selldown starts, swaps firm, NZD on hold, & more
China in deflation again; China presales hit as developer stress extends; US jobs growth beats expectations; confidence jumps; Australia to restrain foreign buyers; UST 10yr 4.23%; gold down, oil up slightly; NZ$1 = 61.1 USc; TWI-5 = 70.2
11th Dec 23, 7:19am
50
China in deflation again; China presales hit as developer stress extends; US jobs growth beats expectations; confidence jumps; Australia to restrain foreign buyers; UST 10yr 4.23%; gold down, oil up slightly; NZ$1 = 61.1 USc; TWI-5 = 70.2
US jobs data strong; US sentiment surges which inflation eases; world food prices ease further; eyes on China's inflation and growth target; UST 10yr 4.23%; gold down, oil up slightly; NZ$1 = 61.1 USc; TWI-5 = 70.2
9th Dec 23, 8:24am
29
US jobs data strong; US sentiment surges which inflation eases; world food prices ease further; eyes on China's inflation and growth target; UST 10yr 4.23%; gold down, oil up slightly; NZ$1 = 61.1 USc; TWI-5 = 70.2
A review of things you need to know before you sign off on Friday; no retail rate changes; Q3 factory and retail data weak, jobs strong, focus on value not nice-to-haves, swaps on hold, NZD retreats, & more
8th Dec 23, 3:59pm
43
A review of things you need to know before you sign off on Friday; no retail rate changes; Q3 factory and retail data weak, jobs strong, focus on value not nice-to-haves, swaps on hold, NZD retreats, & more
US awaits non-farm payroll data; Japan signals negative rate policy to end; China exports disappoint; Aussie exports dive; container freight rates jump; UST 10yr 4.11%; gold lower, oil stays down; NZ$1 = 61.7 USc; TWI-5 = 70.6
8th Dec 23, 7:21am
34
US awaits non-farm payroll data; Japan signals negative rate policy to end; China exports disappoint; Aussie exports dive; container freight rates jump; UST 10yr 4.11%; gold lower, oil stays down; NZ$1 = 61.7 USc; TWI-5 = 70.6
A review of things you need to know before you sign off on Thursday; some minor home loan and TD changes, Fonterra raises milk payout forecast, rates surge, swaps and NZD hold, and more
7th Dec 23, 3:59pm
44
A review of things you need to know before you sign off on Thursday; some minor home loan and TD changes, Fonterra raises milk payout forecast, rates surge, swaps and NZD hold, and more
US hiring soft, exports unchanged; Canada has their hawkish hold; Japan factory sentiment surges; China battles flu; Germany factory orders dive; UST 10yr 4.11%; gold up, oil dumped; NZ$1 = 61.6 USc; TWI-5 = 70.7
7th Dec 23, 7:20am
66
US hiring soft, exports unchanged; Canada has their hawkish hold; Japan factory sentiment surges; China battles flu; Germany factory orders dive; UST 10yr 4.11%; gold up, oil dumped; NZ$1 = 61.6 USc; TWI-5 = 70.7
A review of things you need to know before you sign off on Wednesday; positive dairy auction, Barfoot transaction levels rise, few vegetarians, NZU auction fizzes, swaps soft, NZD firm, & more
6th Dec 23, 3:59pm
72
A review of things you need to know before you sign off on Wednesday; positive dairy auction, Barfoot transaction levels rise, few vegetarians, NZU auction fizzes, swaps soft, NZD firm, & more
Dairy prices hold; US service sector expands; US job openings fall; Moody's trims China outlook; PISA reviews ugly for NZ; air cargo volumes rise; UST 10yr 4.18%; gold down, oil down; NZ$1 = 61.3 USc; TWI-5 = 70.5
6th Dec 23, 7:29am
58
Dairy prices hold; US service sector expands; US job openings fall; Moody's trims China outlook; PISA reviews ugly for NZ; air cargo volumes rise; UST 10yr 4.18%; gold down, oil down; NZ$1 = 61.3 USc; TWI-5 = 70.5
[updated]
A review of things you need to know before you sign off on Tuesday; no retail rate changes, construction slows, rentals boost vehicle sales, company taxes sag, commodity prices soften, swaps hold, NZD dips, & more
5th Dec 23, 3:59pm
115
A review of things you need to know before you sign off on Tuesday; no retail rate changes, construction slows, rentals boost vehicle sales, company taxes sag, commodity prices soften, swaps hold, NZD dips, & more
US factory orders fall; Turkish inflation stays high; Aussie economic activity softens; Panama, Suez, Asia rail all face threats; UST 10yr 4.29%; gold drops and oil stays low; NZ$1 = 61.7 USc; TWI-5 = 70.6
5th Dec 23, 7:19am
107
US factory orders fall; Turkish inflation stays high; Aussie economic activity softens; Panama, Suez, Asia rail all face threats; UST 10yr 4.29%; gold drops and oil stays low; NZ$1 = 61.7 USc; TWI-5 = 70.6
A review of things you need to know before you sign off on Monday; no retail rate changes; terms of trade hold, services rise again, NZX50 promotion-relegation, swaps & NZD hold, gold at ATH, & more
4th Dec 23, 3:59pm
26
A review of things you need to know before you sign off on Monday; no retail rate changes; terms of trade hold, services rise again, NZX50 promotion-relegation, swaps & NZD hold, gold at ATH, & more
US factory PMIs reflect lower demand; Canada jobless rate up; China factory PMI finds new orders; China has bankruptcy problem; UST 10yr 4.21%; gold hits record while oil drops; NZ$1 = 62.1 USc; TWI-5 = 70.8
4th Dec 23, 7:19am
60
US factory PMIs reflect lower demand; Canada jobless rate up; China factory PMI finds new orders; China has bankruptcy problem; UST 10yr 4.21%; gold hits record while oil drops; NZ$1 = 62.1 USc; TWI-5 = 70.8
Lower demand trims PMIs in US; Canada's labour force grows more than jobs; China struggles for momentum; heat leaves Aussie housing markets; UST 10yr 4.21%; gold up and oil dumped; NZ$1 = 62 USc; TWI-5 = 70.7
2nd Dec 23, 7:58am
41
Lower demand trims PMIs in US; Canada's labour force grows more than jobs; China struggles for momentum; heat leaves Aussie housing markets; UST 10yr 4.21%; gold up and oil dumped; NZ$1 = 62 USc; TWI-5 = 70.7
A review of things you need to know before you sign off on Friday; no retail rate changes, low confidence improves, high stocks rise, low stress rises, swaps up, NZD firms, & more
1st Dec 23, 3:59pm
23
A review of things you need to know before you sign off on Friday; no retail rate changes, low confidence improves, high stocks rise, low stress rises, swaps up, NZD firms, & more
US data modest as inflation pressures recede; Canada GDP negative; India GDP growth impresses; China PMIs retreat; EU inflation eases; UST 10yr 4.34%; gold and oil soft; NZ$1 = 61.7 USc; TWI-5 = 70.5
1st Dec 23, 7:21am
36
US data modest as inflation pressures recede; Canada GDP negative; India GDP growth impresses; China PMIs retreat; EU inflation eases; UST 10yr 4.34%; gold and oil soft; NZ$1 = 61.7 USc; TWI-5 = 70.5
A review of things you need to know before you sign off on Thursday; building consents struggle, confidence honeymoon extends, NZGBs popular, TDs very popular, swaps stable, NZD reverts, & more
30th Nov 23, 3:59pm
38
A review of things you need to know before you sign off on Thursday; building consents struggle, confidence honeymoon extends, NZGBs popular, TDs very popular, swaps stable, NZD reverts, & more
US growth impresses; Singapore PPI drops again; German inflation moderates; ditto Australia; OECD forecasts tame NZ rebound; UST 10yr 4.28%; gold and oil firm; NZ$1 = 60.7 USc; TWI-5 = 69.6
30th Nov 23, 7:21am
37
US growth impresses; Singapore PPI drops again; German inflation moderates; ditto Australia; OECD forecasts tame NZ rebound; UST 10yr 4.28%; gold and oil firm; NZ$1 = 60.7 USc; TWI-5 = 69.6
A review of things you need to know before you sign off on Wednesday; OCR unchanged by hawkish RBNZ; smaller bank profits under pressure; FHBs reticent; swaps jump; NZD jumps, & more
29th Nov 23, 3:59pm
35
A review of things you need to know before you sign off on Wednesday; OCR unchanged by hawkish RBNZ; smaller bank profits under pressure; FHBs reticent; swaps jump; NZD jumps, & more
US retail data impresses, sentiment up; Fed speakers suggest US economy tracking well; China opens up on debt pressures; Aussie retail weak; UST 10yr 4.37%; gold and oil up; NZ$1 = 61.4 USc; TWI-5 = 69.9
29th Nov 23, 7:18am
93
US retail data impresses, sentiment up; Fed speakers suggest US economy tracking well; China opens up on debt pressures; Aussie retail weak; UST 10yr 4.37%; gold and oil up; NZ$1 = 61.4 USc; TWI-5 = 69.9
A review of things you need to know before you sign off on Tuesday; no retail rates changes, strong worker inflows, wind generation capacity important now, solid payroll growth, swaps lower, NZD stable, & more
28th Nov 23, 3:59pm
35
A review of things you need to know before you sign off on Tuesday; no retail rates changes, strong worker inflows, wind generation capacity important now, solid payroll growth, swaps lower, NZD stable, & more
US new house sales retreat; UST bond auctions well supported; China profit falls stabilise; China markets get new liquidity stress; UST 10yr 4.40%; gold up and oil low & flat; NZ$1 = 60.9 USc; TWI-5 = 69.8
28th Nov 23, 7:19am
65
US new house sales retreat; UST bond auctions well supported; China profit falls stabilise; China markets get new liquidity stress; UST 10yr 4.40%; gold up and oil low & flat; NZ$1 = 60.9 USc; TWI-5 = 69.8
A review of things you need to know before you sign off on Monday; auction sales tough, FHBs hold up mortgage market, 'misleading' MAS pinged, KiwiSaver funds have weak quarter, swaps up, NZD stable, & more
27th Nov 23, 3:59pm
35
A review of things you need to know before you sign off on Monday; auction sales tough, FHBs hold up mortgage market, 'misleading' MAS pinged, KiwiSaver funds have weak quarter, swaps up, NZD stable, & more
New Zealand remains a better place to save than Australia via a term deposit, with our interest rates higher. But the advantages may ease back in 2024
27th Nov 23, 12:47pm
8
New Zealand remains a better place to save than Australia via a term deposit, with our interest rates higher. But the advantages may ease back in 2024
US holiday retail sends positive signals; Canadian retail up; China faces shadow bank risks; governing realities face Argentine & Dutch election winners; UST 10yr 4.47%; gold up and oil down; NZ$1 = 60.8 USc; TWI-5 = 69.8
27th Nov 23, 7:19am
10
US holiday retail sends positive signals; Canadian retail up; China faces shadow bank risks; governing realities face Argentine & Dutch election winners; UST 10yr 4.47%; gold up and oil down; NZ$1 = 60.8 USc; TWI-5 = 69.8