David Chaston

Treasury takes -75 bps off most Kiwi Bond interest rates, the benchmark for risk-free saving for retail savers

Treasury takes -75 bps off most Kiwi Bond interest rates, the benchmark for risk-free saving for retail savers

ASB reclaims its market leading rate card with more rapid-fire rate cuts. Challenger banks also chime in with some notably low levels too

ASB reclaims its market leading rate card with more rapid-fire rate cuts. Challenger banks also chime in with some notably low levels too

US jobs growth not as strong as first reported; Fed minutes confirm likely September cut; China threatens the EU on dairy trade; UST 10yr 3.78%; gold holds but oil softer; NZ$1 = 61.6 USc; TWI-5 = 69.4

US jobs growth not as strong as first reported; Fed minutes confirm likely September cut; China threatens the EU on dairy trade; UST 10yr 3.78%; gold holds but oil softer; NZ$1 = 61.6 USc; TWI-5 = 69.4

A review of things you need to know before you sign off on Wednesday; more me-too rate cuts but SBS Bank goes lower, dairy prices rise, credit card data tame, listeds make news, swaps stable, NZD firm, & more

A review of things you need to know before you sign off on Wednesday; more me-too rate cuts but SBS Bank goes lower, dairy prices rise, credit card data tame, listeds make news, swaps stable, NZD firm, & more

Dairy prices rise; US retail healthy; Taiwan exports strong; cheap energy keeps German PPI low; Sweden cuts; RBA fears lack of inflation progress; UST 10yr 3.83%; gold up while oil softer; NZ$1 = 61.4 USc; TWI-5 = 69.3

Dairy prices rise; US retail healthy; Taiwan exports strong; cheap energy keeps German PPI low; Sweden cuts; RBA fears lack of inflation progress; UST 10yr 3.83%; gold up while oil softer; NZ$1 = 61.4 USc; TWI-5 = 69.3

A review of things you need to know before you sign off on Tuesday; BNZ cuts home loan rates, REINZ data shows sellers meeting market lower, ComCom releases banking investigation, job ads rise, swaps hold, NZD firms, & more

A review of things you need to know before you sign off on Tuesday; BNZ cuts home loan rates, REINZ data shows sellers meeting market lower, ComCom releases banking investigation, job ads rise, swaps hold, NZD firms, & more

Markets bet the Fed will cut at each remaining 2024 review; Japan wins more machinery orders; eyes on China LPRs; Australia sees lower iron ore price; UST 10yr 3.87%; gold holds while oil drops; NZ$1 = 61 USc; TWI-5 = 69

Markets bet the Fed will cut at each remaining 2024 review; Japan wins more machinery orders; eyes on China LPRs; Australia sees lower iron ore price; UST 10yr 3.87%; gold holds while oil drops; NZ$1 = 61 USc; TWI-5 = 69

A review of things you need to know before you sign off on Monday; ANZ cuts hard, auction activity weak, PSI 'awful', population growth slows, swaps firmish, NZD stable, & more

A review of things you need to know before you sign off on Monday; ANZ cuts hard, auction activity weak, PSI 'awful', population growth slows, swaps firmish, NZD stable, & more

ANZ cuts fixed home loan rate card to best in market, and cuts term deposit rates just as hard. The Cooperative bank goes even lower for a one year fixed term. BNZ follows

ANZ cuts fixed home loan rate card to best in market, and cuts term deposit rates just as hard. The Cooperative bank goes even lower for a one year fixed term. BNZ follows

Banks pull back more on 6% offers for terms less than one year, and draw term deposit rates for 4%+ into terms now ranging from 18 months

Banks pull back more on 6% offers for terms less than one year, and draw term deposit rates for 4%+ into terms now ranging from 18 months

China FDI not recovering; China blocks market stats; Taiwan expansion extends; India public debt grows; US data positive except for housing; UST 10yr 3.88%; gold at all-time high while oil unchanged; NZ$1 = 60.5 USc; TWI-5 = 68.8

China FDI not recovering; China blocks market stats; Taiwan expansion extends; India public debt grows; US data positive except for housing; UST 10yr 3.88%; gold at all-time high while oil unchanged; NZ$1 = 60.5 USc; TWI-5 = 68.8

US sentiment rises; US housing starts sink, rise in Canada; China FDI stunted; India battles big deficits and infrastructure needs; UST 10yr 3.89%; gold hits ATH while oil turns lower; NZ$1 = 60.5 USc; TWI-5 = 68.8

US sentiment rises; US housing starts sink, rise in Canada; China FDI stunted; India battles big deficits and infrastructure needs; UST 10yr 3.89%; gold hits ATH while oil turns lower; NZ$1 = 60.5 USc; TWI-5 = 68.8

Westpac makes its fourth home loan rate cut since the start of July in a bid to claim the 'lowest rate card'

Westpac makes its fourth home loan rate cut since the start of July in a bid to claim the 'lowest rate card'

A review of things you need to know before you sign off on Friday; more retail rate cuts, PMI 'dreadful', PPI rises but farm expenses fall, swaps still moving, NZD stable, & more

A review of things you need to know before you sign off on Friday; more retail rate cuts, PMI 'dreadful', PPI rises but farm expenses fall, swaps still moving, NZD stable, & more

US data surprises with strength; Canada house prices fall; Japan GDP jumps; China data lackluster; Aussie inflation expectations stay elevated; UST 10yr 3.93%; gold and oil firm; NZ$1 = 60 USc; TWI-5 = 68.5

US data surprises with strength; Canada house prices fall; Japan GDP jumps; China data lackluster; Aussie inflation expectations stay elevated; UST 10yr 3.93%; gold and oil firm; NZ$1 = 60 USc; TWI-5 = 68.5

A review of things you need to know before you sign off on Thursday; stragglers cut, retail sales hold, food prices rise again, inflation expectations sticky, NZGBs popular, swaps down, NZD little-changed, & more

A review of things you need to know before you sign off on Thursday; stragglers cut, retail sales hold, food prices rise again, inflation expectations sticky, NZGBs popular, swaps down, NZD little-changed, & more

US CPI rate expectations confirmed; US mortgage applications jump; India & China on holiday; Kishida resigns; UK CPI holds; UST 10yr 3.83%; gold and oil retreat; NZ$1 = 60 USc; TWI-5 = 68.5

US CPI rate expectations confirmed; US mortgage applications jump; India & China on holiday; Kishida resigns; UK CPI holds; UST 10yr 3.83%; gold and oil retreat; NZ$1 = 60 USc; TWI-5 = 68.5

A review of things you need to know before you sign off on Wednesday; RBNZ cuts, some banks follow quickly, RBNZ data shows recession, ASB profit falls, swaps slip, NZD retreats, & more

A review of things you need to know before you sign off on Wednesday; RBNZ cuts, some banks follow quickly, RBNZ data shows recession, ASB profit falls, swaps slip, NZD retreats, & more

Live-streamed video from the August 2024 RBNZ Monetary Policy Statement press conference with Governor Adrian Orr

Live-streamed video from the August 2024 RBNZ Monetary Policy Statement press conference with Governor Adrian Orr

Kiwibank leads the rate cutting following the RBNZ's 25 basis points OCR reduction. ASB also cut fixed rates making its whole rate card market-leading - for now. ANZ cuts too, now Westpac

Kiwibank leads the rate cutting following the RBNZ's 25 basis points OCR reduction. ASB also cut fixed rates making its whole rate card market-leading - for now. ANZ cuts too, now Westpac

US activity data positive, inflation low; Japanese machine tool orders rise; China in deepening funk; Aussie sentiment stays modestly positive; UST 10yr 3.86%; gold and oil little-changed; NZ$1 = 60.7 USc; TWI-5 = 69.2

US activity data positive, inflation low; Japanese machine tool orders rise; China in deepening funk; Aussie sentiment stays modestly positive; UST 10yr 3.86%; gold and oil little-changed; NZ$1 = 60.7 USc; TWI-5 = 69.2

A review of things you need to know before you sign off on Tuesday; a new low 1yr mortgage rate, house values retreat, more immigrants, more visitors, swaps stable, NZD firm, & more

A review of things you need to know before you sign off on Tuesday; a new low 1yr mortgage rate, house values retreat, more immigrants, more visitors, swaps stable, NZD firm, & more

TSB jumps in with a market-low one year home loan rate of 6.69%, a 16 bps advantage over the major banks. Others are likely waiting for the RBNZ before assessing their rate moves

TSB jumps in with a market-low one year home loan rate of 6.69%, a 16 bps advantage over the major banks. Others are likely waiting for the RBNZ before assessing their rate moves

US inflation expectations fall; global crop output healthy; Canada building consents dive; strikes rise in China; India inflation eases; UST 10yr 3.91%; gold and oil rise; NZ$1 = 60.2 USc; TWI-5 = 68.9

US inflation expectations fall; global crop output healthy; Canada building consents dive; strikes rise in China; India inflation eases; UST 10yr 3.91%; gold and oil rise; NZ$1 = 60.2 USc; TWI-5 = 68.9

A review of things you need to know before you sign off on Monday; no retail rate changes, new building work slows fast, Govt warned its water 'reform' carries big financial risks, grocery inflation slows, swaps stable, NZD stable, & more

A review of things you need to know before you sign off on Monday; no retail rate changes, new building work slows fast, Govt warned its water 'reform' carries big financial risks, grocery inflation slows, swaps stable, NZD stable, & more