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; record house building, improved sentiment, PSI rises in south, banks & farmers fall out, swaps hold, NZD holds, & more
18th Dec 23, 3:59pm
32
A review of things you need to know before you sign off on Monday; record house building, improved sentiment, PSI rises in south, banks & farmers fall out, swaps hold, NZD holds, & more
Chinese data mixed although helped by a weak base; US service sector ok but factories weaker; India exports not growing; Suez Canal being avoided; UST 10yr 3.92%; gold and oil unchanged; NZ$1 = 62.1 USc; TWI-5 = 70.4
18th Dec 23, 7:18am
22
Chinese data mixed although helped by a weak base; US service sector ok but factories weaker; India exports not growing; Suez Canal being avoided; UST 10yr 3.92%; gold and oil unchanged; NZ$1 = 62.1 USc; TWI-5 = 70.4
US factories struggle but services expand; China data mixed; India export levels stay tame; Red Sea troubles have ships avoiding it; UST 10yr 3.93%; gold and oil down; NZ$1 = 62.2 USc; TWI-5 = 70.4
16th Dec 23, 8:33am
18
US factories struggle but services expand; China data mixed; India export levels stay tame; Red Sea troubles have ships avoiding it; UST 10yr 3.93%; gold and oil down; NZ$1 = 62.2 USc; TWI-5 = 70.4
A review of things you need to know before you sign off on Friday; Rabo tweaks some TD rate higher, immigrants with work visas surge, glimmers in holiday retail, swaps hold sharply lower, NZD slips, & more
15th Dec 23, 3:59pm
38
A review of things you need to know before you sign off on Friday; Rabo tweaks some TD rate higher, immigrants with work visas surge, glimmers in holiday retail, swaps hold sharply lower, NZD slips, & more
US jobless claims fall, mortgage rates fall, retail sales rise; Europe's central banks remain staunch against inflation; Aussie inflation expectations fall; UST 10yr 3.93%; gold and oil up; NZ$1 = 62.2 USc; TWI-5 = 70.3
15th Dec 23, 7:26am
54
US jobless claims fall, mortgage rates fall, retail sales rise; Europe's central banks remain staunch against inflation; Aussie inflation expectations fall; UST 10yr 3.93%; gold and oil up; NZ$1 = 62.2 USc; TWI-5 = 70.3
A review of things you need to know before you sign off on Thursday; NZ GDP crumbles, more for milk, more milksolids, farmer sentiment rises, NZGB bonds in high demand, wholesale benchmark rates dive, NZD up, & more
14th Dec 23, 3:59pm
80
A review of things you need to know before you sign off on Thursday; NZ GDP crumbles, more for milk, more milksolids, farmer sentiment rises, NZGB bonds in high demand, wholesale benchmark rates dive, NZD up, & more
[updated]
Global markets eye Fed decisions; US PPI low; US mortgage applications jump; China's weaknesses extend; Argentina devalues hard; Australia near surplus; UST 10yr 4.16%; gold and oil up; NZ$1 = 61.2 USc; TWI-5 = 70.2
14th Dec 23, 7:20am
77
Global markets eye Fed decisions; US PPI low; US mortgage applications jump; China's weaknesses extend; Argentina devalues hard; Australia near surplus; UST 10yr 4.16%; gold and oil up; NZ$1 = 61.2 USc; TWI-5 = 70.2
[updated]
A review of things you need to know before you sign off on Wednesday; no retail rate changes, house sales low, food prices high, C/A narrows sightly, employers eye cutbacks, swaps & NZD on hold, & more
13th Dec 23, 4:00pm
98
A review of things you need to know before you sign off on Wednesday; no retail rate changes, house sales low, food prices high, C/A narrows sightly, employers eye cutbacks, swaps & NZD on hold, & more
US inflation progress stalls; Canada to try a 'new' housing solution; India inflation rises; German sentiment up; Aussie business sentiment dives; UST 10yr 4.21%; gold and oil lower again; NZ$1 = 61.3 USc; TWI-5 = 70.4
13th Dec 23, 7:19am
44
US inflation progress stalls; Canada to try a 'new' housing solution; India inflation rises; German sentiment up; Aussie business sentiment dives; UST 10yr 4.21%; gold and oil lower again; NZ$1 = 61.3 USc; TWI-5 = 70.4
A review of things you need to know before you sign off on Tuesday; immigrants rush in, retail volumes shrink, tourism recovery eases, still 11,000+ storm claims to be resolved, swaps hold, NZD rises, & more
12th Dec 23, 4:00pm
16
A review of things you need to know before you sign off on Tuesday; immigrants rush in, retail volumes shrink, tourism recovery eases, still 11,000+ storm claims to be resolved, swaps hold, NZD rises, & more
US inflation expectations ease; UST bond auctions well supported; Japanese business sentiment rises; NZ grocery price pressure high but easing; UST 10yr 4.27%; gold and oil lower; NZ$1 = 61.2 USc; TWI-5 = 70.3
12th Dec 23, 7:19am
49
US inflation expectations ease; UST bond auctions well supported; Japanese business sentiment rises; NZ grocery price pressure high but easing; UST 10yr 4.27%; gold and oil lower; NZ$1 = 61.2 USc; TWI-5 = 70.3
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