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 jobless claims rise; China slips into deflation; Ping An loses; Apple loses; air travel up; container freight rates up; UST 10yr 4.62%; gold up and oil stays low; NZ$1 = 59.4 USc; TWI-5 = 69.3
10th Nov 23, 7:19am
26
US jobless claims rise; China slips into deflation; Ping An loses; Apple loses; air travel up; container freight rates up; UST 10yr 4.62%; gold up and oil stays low; NZ$1 = 59.4 USc; TWI-5 = 69.3
A review of things you need to know before you sign off on Thursday; Crown accounts confirm deficits, fewer job ads, BNZ posts record profit, huge NZGB demand, swaps lower, NZ stable, & more
9th Nov 23, 3:59pm
44
A review of things you need to know before you sign off on Thursday; Crown accounts confirm deficits, fewer job ads, BNZ posts record profit, huge NZGB demand, swaps lower, NZ stable, & more
US data lackluster; drought effects bite in beef markets; China plays with fire over restructuring plans; Aussie drought shift; global air cargo up; UST 10yr 4.53%; gold and oil down again; NZ$1 = 59.3 USc; TWI-5 = 69
9th Nov 23, 7:24am
51
US data lackluster; drought effects bite in beef markets; China plays with fire over restructuring plans; Aussie drought shift; global air cargo up; UST 10yr 4.53%; gold and oil down again; NZ$1 = 59.3 USc; TWI-5 = 69
[updated]
A review of things you need to know before you sign off on Wednesday; end of the 6.7% SBS rate, smaller dwellings costing more, PwC dumped, positive moves on inflation expectations, swaps lower, NZD stable, & more
8th Nov 23, 3:59pm
42
A review of things you need to know before you sign off on Wednesday; end of the 6.7% SBS rate, smaller dwellings costing more, PwC dumped, positive moves on inflation expectations, swaps lower, NZD stable, & more
Dairy prices fall; US trade deficit little-changed; Canada exports rise; IMF sees better China expansion; China exports drop; RBA raises policy rate; UST 10yr 4.57%; gold and oil down; NZ$1 = 59.3 USc; TWI-5 = 69.1
8th Nov 23, 7:21am
53
Dairy prices fall; US trade deficit little-changed; Canada exports rise; IMF sees better China expansion; China exports drop; RBA raises policy rate; UST 10yr 4.57%; gold and oil down; NZ$1 = 59.3 USc; TWI-5 = 69.1
[updated]
Reserve Bank of Australia lifts cash rate 25 basis points with financial markets thinking a December rise may come too
7th Nov 23, 4:31pm
21
Reserve Bank of Australia lifts cash rate 25 basis points with financial markets thinking a December rise may come too
[updated]
A review of things you need to know before you sign off on Tuesday; no retail rate changes, Barfoots get modest spring boost, Westpac uses biometrics to 'protect customers', swaps up, NZD down, & more
7th Nov 23, 3:59pm
13
A review of things you need to know before you sign off on Tuesday; no retail rate changes, Barfoots get modest spring boost, Westpac uses biometrics to 'protect customers', swaps up, NZD down, & more
Albanese and Xi meet; Aussie inflation stabilises; RBA expected to raise rates; German factory orders rise; UST 10yr 4.65%; gold down and oil up; NZ$1 = 59.8 USc; TWI-5 = 69.2
7th Nov 23, 7:19am
14
Albanese and Xi meet; Aussie inflation stabilises; RBA expected to raise rates; German factory orders rise; UST 10yr 4.65%; gold down and oil up; NZ$1 = 59.8 USc; TWI-5 = 69.2
A review of things you need to know before you sign off on Monday; BNZ goes high, commodity prices lift, Westpac profit dips, TSB gets new CEO, borrowers shun floating rates, swaps stable, NZD stays up, & more
6th Nov 23, 3:59pm
37
A review of things you need to know before you sign off on Monday; BNZ goes high, commodity prices lift, Westpac profit dips, TSB gets new CEO, borrowers shun floating rates, swaps stable, NZD stays up, & more
Even though wholesale rates have turned down rather sharply in the past few days, BNZ has raised its one year TD offer above any other main bank
6th Nov 23, 9:26am
23
Even though wholesale rates have turned down rather sharply in the past few days, BNZ has raised its one year TD offer above any other main bank
China PMIs lackluster; China suffers FDI outflow; US non-farm payrolls grow but PMIs soft; Aussie retail volumes sink; Albanese in Beijing; UST 10yr 4.58%; gold and oil tick up; NZ$1 = 60 USc; TWI-5 = 69.4
6th Nov 23, 7:20am
38
China PMIs lackluster; China suffers FDI outflow; US non-farm payrolls grow but PMIs soft; Aussie retail volumes sink; Albanese in Beijing; UST 10yr 4.58%; gold and oil tick up; NZ$1 = 60 USc; TWI-5 = 69.4
US nonfarm payrolls rise; US service sector expands more slowly; ditto China; China FDI in rare retreat; Aussie retail sales volumes weak; UST 10yr 4.56%; gold up and oil down sharply; NZ$1 = 59.9 USc; TWI-5 = 69.3
4th Nov 23, 8:42am
38
US nonfarm payrolls rise; US service sector expands more slowly; ditto China; China FDI in rare retreat; Aussie retail sales volumes weak; UST 10yr 4.56%; gold up and oil down sharply; NZ$1 = 59.9 USc; TWI-5 = 69.3
A review of things you need to know before you sign off on Friday; final election result (maybe), rents up, misery high, WorkSafe redundancies, swaps firmer, NZD stays up, & more
3rd Nov 23, 3:59pm
30
A review of things you need to know before you sign off on Friday; final election result (maybe), rents up, misery high, WorkSafe redundancies, swaps firmer, NZD stays up, & more
US data strong; Japan cuts taxes; Norway and England hold rates; Australia's exports fall, imports surge; container freight rates rise; UST 10yr 4.67%; gold up and oil stable; NZ$1 = 58.8 USc; TWI-5 = 68.7
3rd Nov 23, 7:29am
56
US data strong; Japan cuts taxes; Norway and England hold rates; Australia's exports fall, imports surge; container freight rates rise; UST 10yr 4.67%; gold up and oil stable; NZ$1 = 58.8 USc; TWI-5 = 68.7
A review of things you need to know before you sign off on Thursday; real economy soft as public service expands fast, bank funding rise slows, another unticked box brings more FMA reaction, swaps down, NZD up, & more
2nd Nov 23, 4:08pm
66
A review of things you need to know before you sign off on Thursday; real economy soft as public service expands fast, bank funding rise slows, another unticked box brings more FMA reaction, swaps down, NZD up, & more
The US Fed sings the expected song; US labour markets signals strong; ISM PMI weaker; China PMIs slip; India jobless jump; Aussie building consents dive; UST 10yr 4.81%; gold lower and oil stable; NZ$1 = 58.3 USc; TWI-5 = 68.4
2nd Nov 23, 7:29am
94
The US Fed sings the expected song; US labour markets signals strong; ISM PMI weaker; China PMIs slip; India jobless jump; Aussie building consents dive; UST 10yr 4.81%; gold lower and oil stable; NZ$1 = 58.3 USc; TWI-5 = 68.4
A review of things you need to know before you sign off on Wednesday; jobless rate rises, pay rates up, FSR warns on more non-performing loans, new cars sell well, swaps lower, NZD lower, & more
1st Nov 23, 3:59pm
52
A review of things you need to know before you sign off on Wednesday; jobless rate rises, pay rates up, FSR warns on more non-performing loans, new cars sell well, swaps lower, NZD lower, & more
China stumbles and Xi directs recovery; Bank of Japan loosens yield curve policy; EU inflation drops; US retail rises; migrants key to Aussie growth; UST 10yr 4.86%; gold and oil lower; NZ$1 = 58.1 USc; TWI-5 = 68.3
1st Nov 23, 7:19am
23
China stumbles and Xi directs recovery; Bank of Japan loosens yield curve policy; EU inflation drops; US retail rises; migrants key to Aussie growth; UST 10yr 4.86%; gold and oil lower; NZ$1 = 58.1 USc; TWI-5 = 68.3
A review of things you need to know before you sign off on Tuesday; more retail rate changes, businesses like election result, building consents dive, lending activity tepid, swaps up, NZD stable, & more
31st Oct 23, 3:59pm
21
A review of things you need to know before you sign off on Tuesday; more retail rate changes, businesses like election result, building consents dive, lending activity tepid, swaps up, NZD stable, & more
HSBC profits jump; UAW wins; eyes on Bank of Japan; World Bank commodity review sanguine; German inflation falls; Aussie retail rises more than expected; UST 10yr 4.89%; gold and oil lower; NZ$1 = 58.3 USc; TWI-5 = 68.2
31st Oct 23, 7:19am
97
HSBC profits jump; UAW wins; eyes on Bank of Japan; World Bank commodity review sanguine; German inflation falls; Aussie retail rises more than expected; UST 10yr 4.89%; gold and oil lower; NZ$1 = 58.3 USc; TWI-5 = 68.2
The Red Bank raises fixed home loan rates across the board, and tweaks two short-term term deposit rates higher, moving up into rate space provided earlier by ASB and other rivals
30th Oct 23, 4:52pm
13
The Red Bank raises fixed home loan rates across the board, and tweaks two short-term term deposit rates higher, moving up into rate space provided earlier by ASB and other rivals
[updated]
A review of things you need to know before you sign off on Monday; more retail rate changes, strongish labour market detail, Supie in administration, swaps and NZD on hold, & more
30th Oct 23, 3:59pm
58
A review of things you need to know before you sign off on Monday; more retail rate changes, strongish labour market detail, Supie in administration, swaps and NZD on hold, & more
Core US PCE rises +3.7%; US earnings season positive so far; China profits revive recently; Australia walks away from trade deal talks with the EU; UST 10yr 4.85%; gold and oil up; NZ$1 = 58.1 USc; TWI-5 = 68.4
30th Oct 23, 7:20am
67
Core US PCE rises +3.7%; US earnings season positive so far; China profits revive recently; Australia walks away from trade deal talks with the EU; UST 10yr 4.85%; gold and oil up; NZ$1 = 58.1 USc; TWI-5 = 68.4
Expanding military action and reaction in Gaza/Israel is pushing up commodity prices that react when safe haven investing is needed
28th Oct 23, 10:56am
8
Expanding military action and reaction in Gaza/Israel is pushing up commodity prices that react when safe haven investing is needed
American consumer spending rises but brittle; earnings season positive; China industrial profits fall less; Aussie PPI up modestly; carbon price languishes; UST 10yr 4.86%; gold and oil up; NZ$1 = 58.2 USc; TWI-5 = 68.4
28th Oct 23, 8:03am
20
American consumer spending rises but brittle; earnings season positive; China industrial profits fall less; Aussie PPI up modestly; carbon price languishes; UST 10yr 4.86%; gold and oil up; NZ$1 = 58.2 USc; TWI-5 = 68.4