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 second-tier data generally unimpressive; China's house prices fall; Australian jobless rate rises; freight rates rise; UST 10yr 4.44%; gold up but oil sharply lower; NZ$1 = 59.8 USc; TWI-5 = 69.2
17th Nov 23, 7:20am
110
US second-tier data generally unimpressive; China's house prices fall; Australian jobless rate rises; freight rates rise; UST 10yr 4.44%; gold up but oil sharply lower; NZ$1 = 59.8 USc; TWI-5 = 69.2
A review of things you need to know before you sign off on Thursday; October real estate market muted, stampede for NZGBs, trust details emerge, population surges, swaps stable, NZD holds, & more
16th Nov 23, 3:59pm
25
A review of things you need to know before you sign off on Thursday; October real estate market muted, stampede for NZGBs, trust details emerge, population surges, swaps stable, NZD holds, & more
Xi in US; tame US data as inflation impulse eases; US shutdown threat fades; weaker data from Japan, China and the EU; Aussie wages up less than inflation; UST 10yr 4.55%; gold and oil lower; NZ$1 = 60.3 USc; TWI-5 = 69.6
16th Nov 23, 7:20am
58
Xi in US; tame US data as inflation impulse eases; US shutdown threat fades; weaker data from Japan, China and the EU; Aussie wages up less than inflation; UST 10yr 4.55%; gold and oil lower; NZ$1 = 60.3 USc; TWI-5 = 69.6
[updated]
A review of things you need to know before you sign off on Wednesday; global forces reset rates, local wallets close, migration touches new record, inflation expectations turn more realistic, swaps fall, NZD rises, & more
15th Nov 23, 4:00pm
30
A review of things you need to know before you sign off on Wednesday; global forces reset rates, local wallets close, migration touches new record, inflation expectations turn more realistic, swaps fall, NZD rises, & more
US CPI inflation eases more than expected; this draws outsized market reactions; China mulls more housing assistance; EU GDP lame; NAB sentiment falls; UST 10yr 4.47%; gold and oil firmer; NZ$1 = 59.9 USc; TWI-5 = 69.2
15th Nov 23, 7:19am
72
US CPI inflation eases more than expected; this draws outsized market reactions; China mulls more housing assistance; EU GDP lame; NAB sentiment falls; UST 10yr 4.47%; gold and oil firmer; NZ$1 = 59.9 USc; TWI-5 = 69.2
A review of things you need to know before you sign off on Tuesday; food price pressure eases, QV sees larger capital gains, car insurance premiums up sharply, swaps stabilise, NZD softish, & more
14th Nov 23, 3:58pm
46
A review of things you need to know before you sign off on Tuesday; food price pressure eases, QV sees larger capital gains, car insurance premiums up sharply, swaps stabilise, NZD softish, & more
US inflation expectations stable; SME pessimism lifts; US budget shutdown threat again; Japan data weak; India CPI slips; China new yuan loans soft; RBA sees bumpy road; UST 10yr 4.64%; gold and oil firmer; NZ$1 = 58.9 USc; TWI-5 = 68.8
14th Nov 23, 7:19am
13
US inflation expectations stable; SME pessimism lifts; US budget shutdown threat again; Japan data weak; India CPI slips; China new yuan loans soft; RBA sees bumpy road; UST 10yr 4.64%; gold and oil firmer; NZ$1 = 58.9 USc; TWI-5 = 68.8
A review of things you need to know before you sign off on Monday; more dwellings hit Auckland housing market, PSI not expanding, grocery price pressure eases, ANZ profits, swaps up, NZD stable, & more
13th Nov 23, 3:59pm
41
A review of things you need to know before you sign off on Monday; more dwellings hit Auckland housing market, PSI not expanding, grocery price pressure eases, ANZ profits, swaps up, NZD stable, & more
Moody's dials back US credit rating; US sentiment sluggish; eyes on APEC summit; China discounting embeds deflation; DP World kneecapped in Australia; UST 10yr 4.65%; gold and oil firmer; NZ$1 = 58.9 USc; TWI-5 = 68.9
13th Nov 23, 7:19am
57
Moody's dials back US credit rating; US sentiment sluggish; eyes on APEC summit; China discounting embeds deflation; DP World kneecapped in Australia; UST 10yr 4.65%; gold and oil firmer; NZ$1 = 58.9 USc; TWI-5 = 68.9
US eyes on CPI and inflation expectations; APEC meeting between Biden and Xi confirmed; China car sales top out; India factories unexpectedly retreat; UST 10yr 4.62%; gold down and oil up; NZ$1 = 58.9 USc; TWI-5 = 68.9
11th Nov 23, 8:46am
57
US eyes on CPI and inflation expectations; APEC meeting between Biden and Xi confirmed; China car sales top out; India factories unexpectedly retreat; UST 10yr 4.62%; gold down and oil up; NZ$1 = 58.9 USc; TWI-5 = 68.9
A review of things you need to know before you sign off on Friday; no retail rate changes, rental yields tick higher, PMI slumps, less ready-mixed concrete, swaps turn higher, NZD stable, & more
10th Nov 23, 3:59pm
40
A review of things you need to know before you sign off on Friday; no retail rate changes, rental yields tick higher, PMI slumps, less ready-mixed concrete, swaps turn higher, NZD stable, & more
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