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 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
US PMI expands slightly; Canada wins dairy dispute; Japanese inflation rises; Singapore industrial production jumps; China's property risks worsen; UST 10yr 4.47%; gold firm and oil stable; NZ$1 = 60.7 USc; TWI-5 = 69.7
25th Nov 23, 8:40am
61
US PMI expands slightly; Canada wins dairy dispute; Japanese inflation rises; Singapore industrial production jumps; China's property risks worsen; UST 10yr 4.47%; gold firm and oil stable; NZ$1 = 60.7 USc; TWI-5 = 69.7
Eyes on US retail impulse; many central bank rate reviews; eyes on respiratory illness outbreak in China; merchandise trade sinks; freight rates retreat; UST 10yr 4.45%; gold holds and oil recovers; NZ$1 = 60.7 USc; TWI-5 = 69.6
24th Nov 23, 7:20am
60
Eyes on US retail impulse; many central bank rate reviews; eyes on respiratory illness outbreak in China; merchandise trade sinks; freight rates retreat; UST 10yr 4.45%; gold holds and oil recovers; NZ$1 = 60.7 USc; TWI-5 = 69.6
Westpac adds to the sense the home loan market may be about to u-turn and start offering lower fixed rates
23rd Nov 23, 5:15pm
27
Westpac adds to the sense the home loan market may be about to u-turn and start offering lower fixed rates
A review of things you need to know before you sign off on Thursday; spring housing market lackluster, wages up, Tower soggy, EU-NZ FTA up-voted, another strong bond tender. swaps up, NZD on hold, & more
23rd Nov 23, 4:00pm
27
A review of things you need to know before you sign off on Thursday; spring housing market lackluster, wages up, Tower soggy, EU-NZ FTA up-voted, another strong bond tender. swaps up, NZD on hold, & more
US data unimpressive; Canada says done with rate hikes; Australia flags rising inflation challenge; China confronts credit stress; ECB sees stress; UST 10yr 4.43%; gold down and oil sinks; NZ$1 = 60.7 USc; TWI-5 = 69.6
23rd Nov 23, 7:19am
72
US data unimpressive; Canada says done with rate hikes; Australia flags rising inflation challenge; China confronts credit stress; ECB sees stress; UST 10yr 4.43%; gold down and oil sinks; NZ$1 = 60.7 USc; TWI-5 = 69.6
A review of things you need to know before you sign off on Wednesday; one retail rate change, dairy price variances, card transactions lackluster, Air NZ upgraded, swaps stable, NZ on hold, & more
22nd Nov 23, 3:59pm
102
A review of things you need to know before you sign off on Wednesday; one retail rate change, dairy price variances, card transactions lackluster, Air NZ upgraded, swaps stable, NZ on hold, & more
Dairy prices hold in USD, fall in NZD; US real estate markets weak; Canada inflation retreats; China's birthrate dives; UST 10yr 4.43%; gold up and oil slips; NZ$1 = 60.6 USc; TWI-5 = 69.6
22nd Nov 23, 7:25am
61
Dairy prices hold in USD, fall in NZD; US real estate markets weak; Canada inflation retreats; China's birthrate dives; UST 10yr 4.43%; gold up and oil slips; NZ$1 = 60.6 USc; TWI-5 = 69.6
A review of things you need to know before you sign off on Tuesday; trade levels shrink, farmers buy fewer tractors, eyes on dairy auction, credit card use limp, swaps stable, NZD firm, & more
21st Nov 23, 3:59pm
20
A review of things you need to know before you sign off on Tuesday; trade levels shrink, farmers buy fewer tractors, eyes on dairy auction, credit card use limp, swaps stable, NZD firm, & more
Eyes on US retail activity; China leaves key lending rates unchanged; Taiwan export orders rise; Argentina's new mess; Turkey trapped; UST 10yr 4.42%; gold down and oil up; NZ$1 = 60.2 USc; TWI-5 = 69.2
21st Nov 23, 7:19am
71
Eyes on US retail activity; China leaves key lending rates unchanged; Taiwan export orders rise; Argentina's new mess; Turkey trapped; UST 10yr 4.42%; gold down and oil up; NZ$1 = 60.2 USc; TWI-5 = 69.2
A review of things you need to know before you sign off on Monday; Kiwibank ups its 1yr home loan rate, warehouse construction pipeline swells; deflation in online retail, Tower quits rural; swaps up, NZD firm, & more
20th Nov 23, 4:00pm
69
A review of things you need to know before you sign off on Monday; Kiwibank ups its 1yr home loan rate, warehouse construction pipeline swells; deflation in online retail, Tower quits rural; swaps up, NZD firm, & more
China FDI weaker; US housing starts stronger; US finds missing workers; Canada PPI falling; EU C/A surplus swells; Argentina votes; UST 10yr 4.44%; gold and oil stable; NZ$1 = 59.8 USc; TWI-5 = 69.1
20th Nov 23, 7:19am
54
China FDI weaker; US housing starts stronger; US finds missing workers; Canada PPI falling; EU C/A surplus swells; Argentina votes; UST 10yr 4.44%; gold and oil stable; NZ$1 = 59.8 USc; TWI-5 = 69.1
Looking at wholesale interest rates, there are signs that we may be at 'peak rate' about now. Savers should watch for signs that lower rate offers may be imminent. Borrowers may get some relief in early 2024
18th Nov 23, 9:46am
46
Looking at wholesale interest rates, there are signs that we may be at 'peak rate' about now. Savers should watch for signs that lower rate offers may be imminent. Borrowers may get some relief in early 2024
American housing starts rise; missing workers may be found; US & China struggle with FDI; Canada PPI lower; UST 10yr 4.43%; gold eases but oil recovers; NZ$1 = 59.8 USc; TWI-5 = 69
18th Nov 23, 8:01am
29
American housing starts rise; missing workers may be found; US & China struggle with FDI; Canada PPI lower; UST 10yr 4.43%; gold eases but oil recovers; NZ$1 = 59.8 USc; TWI-5 = 69
A review of things you need to know before you sign off on Friday; a mortgage rate cut, worker share of GDP rises, producer costs rise faster than prices, swaps retreat, NZD lower, & more
17th Nov 23, 3:59pm
52
A review of things you need to know before you sign off on Friday; a mortgage rate cut, worker share of GDP rises, producer costs rise faster than prices, swaps retreat, NZD lower, & more