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David Chaston

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.

Member for

15 years 6 months

Latest articles

US labour market updates still strong; Canada positive; China exports down along with FX reserves; Aussie trade surplus slips; UST 10yr 4.27%; gold holds but oil slips; NZ$1 = 58.8 USc; TWI-5 = 68.4
8th Sep 23, 7:20am
27
US labour market updates still strong; Canada positive; China exports down along with FX reserves; Aussie trade surplus slips; UST 10yr 4.27%; gold holds but oil slips; NZ$1 = 58.8 USc; TWI-5 = 68.4
A review of things you need to know before you sign off on Thursday; food spending leaves the rest of retail weak, fast rise in filled jobs, final GDP pieces in place, NZGB demand strong, swaps & NZD little-changed, & more
7th Sep 23, 3:59pm
40
A review of things you need to know before you sign off on Thursday; food spending leaves the rest of retail weak, fast rise in filled jobs, final GDP pieces in place, NZGB demand strong, swaps & NZD little-changed, & more
US data remarkably resilient again; US growth forecasts to rise; Canada holds rate; China party elders not happy with Xi; global air travel rises; UST 10yr 4.30%; gold slips again but oil rises; NZ$1 = 58.7 USc; TWI-5 = 68.2
7th Sep 23, 7:21am
81
US data remarkably resilient again; US growth forecasts to rise; Canada holds rate; China party elders not happy with Xi; global air travel rises; UST 10yr 4.30%; gold slips again but oil rises; NZ$1 = 58.7 USc; TWI-5 = 68.2
A review of things you need to know before you sign off on Wednesday; residential building work drops, another ETS auction fail, cash use falls, Aussie GDP expands, swaps firm, NZD lower, & more
6th Sep 23, 3:59pm
39
A review of things you need to know before you sign off on Wednesday; residential building work drops, another ETS auction fail, cash use falls, Aussie GDP expands, swaps firm, NZD lower, & more
Dairy prices rise, especially WMP; US factory orders slip lower; China service sector cools; EU PPI retreats fast; air cargo activity shows positive growth signs; UST 10yr 4.27%; gold slips again but oil rises; NZ$1 = 58.8 USc; TWI-5 = 68.3
6th Sep 23, 7:19am
135
Dairy prices rise, especially WMP; US factory orders slip lower; China service sector cools; EU PPI retreats fast; air cargo activity shows positive growth signs; UST 10yr 4.27%; gold slips again but oil rises; NZ$1 = 58.8 USc; TWI-5 = 68.3
A review of things you need to know before you sign off on Tuesday; More rising retail rates, commodity prices ease again, PREFU implications eyed, swaps up further on offshore drivers, NZD eases, & more
5th Sep 23, 3:59pm
78
A review of things you need to know before you sign off on Tuesday; More rising retail rates, commodity prices ease again, PREFU implications eyed, swaps up further on offshore drivers, NZD eases, & more
Global insurers signal coverage pullback for climate risks; buyers enticed out in China after mortgage rule relaxation; UST 10yr 4.21%; gold slips again and oil holds; NZ$1 = 59.4 USc; TWI-5 = 68.6
5th Sep 23, 7:19am
98
Global insurers signal coverage pullback for climate risks; buyers enticed out in China after mortgage rule relaxation; UST 10yr 4.21%; gold slips again and oil holds; NZ$1 = 59.4 USc; TWI-5 = 68.6
A review of things you need to know before you sign off on Monday; higher retail rates, more Auckland properties sell, better terms of trade, a lot less new lending, swaps up, NZD unchanged, & more
4th Sep 23, 3:59pm
33
A review of things you need to know before you sign off on Monday; higher retail rates, more Auckland properties sell, better terms of trade, a lot less new lending, swaps up, NZD unchanged, & more
ASB raises carded fixed home loan rates, now the only bank with a 2-year rate over 7%. This comes as the bank raises term deposit rates for savers
4th Sep 23, 10:20am
27
ASB raises carded fixed home loan rates, now the only bank with a 2-year rate over 7%. This comes as the bank raises term deposit rates for savers
Another main bank, ASB, now offers 6% for term deposits of 1-year, joining Kiwibank. ASB also becomes first bank to raise key 2-year home loan rate above 7%
4th Sep 23, 9:51am
6
Another main bank, ASB, now offers 6% for term deposits of 1-year, joining Kiwibank. ASB also becomes first bank to raise key 2-year home loan rate above 7%
American jobs and pay expand; US factory PMIs contract less; Caixin PMIs expand in surprise; EU PMIs weak, Aussie property lending very weak; UST 10yr 4.18%; gold slips and oil holds up; NZ$1 = 59.4 USc; TWI-5 = 68.7
4th Sep 23, 7:19am
36
American jobs and pay expand; US factory PMIs contract less; Caixin PMIs expand in surprise; EU PMIs weak, Aussie property lending very weak; UST 10yr 4.18%; gold slips and oil holds up; NZ$1 = 59.4 USc; TWI-5 = 68.7
American employment hits record 161 mln; US factories contract less; Canadian economy stalls; EU factories contract; Aussie home lending shrinks; UST 10yr 4.18%; gold and oil up; NZ$1 = 59.4 USc; TWI-5 = 68.7
2nd Sep 23, 8:47am
26
American employment hits record 161 mln; US factories contract less; Canadian economy stalls; EU factories contract; Aussie home lending shrinks; UST 10yr 4.18%; gold and oil up; NZ$1 = 59.4 USc; TWI-5 = 68.7
Motivated buyers are still hard to find in residential auctions even though 20% more properties were on offer this week
2nd Sep 23, 6:00am
73
Motivated buyers are still hard to find in residential auctions even though 20% more properties were on offer this week
A review of things you need to know before you sign off on Friday; many retail rate changes, sentiment stays low, as does the housing market, some key offloads, car sales low, swaps on hold, NZD firms, & more
1st Sep 23, 3:59pm
82
A review of things you need to know before you sign off on Friday; many retail rate changes, sentiment stays low, as does the housing market, some key offloads, car sales low, swaps on hold, NZD firms, & more
American resilience challenges the Fed; China PMIs lackluster; China races through measures to guard against solvency risks for developers; India growth high; UST 10yr 4.09%; gold down and oil up; NZ$1 = 59.6 USc; TWI-5 = 68.6
1st Sep 23, 7:28am
46
American resilience challenges the Fed; China PMIs lackluster; China races through measures to guard against solvency risks for developers; India growth high; UST 10yr 4.09%; gold down and oil up; NZ$1 = 59.6 USc; TWI-5 = 68.6
A review of things you need to know before you sign off on Thursday; Kiwibank breaks through, business sentiment better than expected, mortgage growth low, swaps and NZD on hold, & more
31st Aug 23, 3:59pm
72
A review of things you need to know before you sign off on Thursday; Kiwibank breaks through, business sentiment better than expected, mortgage growth low, swaps and NZD on hold, & more
Six percent term deposit offers are more common now with 11 banks offering them. But Kiwibank is the first main bank offering 6% for a 1 year commitment. Some savers can enhance those returns by using PIEs
31st Aug 23, 2:21pm
19
Six percent term deposit offers are more common now with 11 banks offering them. But Kiwibank is the first main bank offering 6% for a 1 year commitment. Some savers can enhance those returns by using PIEs
American data eases; Country Garden warns of default; Toyota to build 10 mln+ vehicles in 2023; EU inflation sticky; Aussie power stress imminent; UST 10yr 4.12%; gold and oil up; NZ$1 = 59.7 USc; TWI-5 = 68.6
31st Aug 23, 7:24am
124
American data eases; Country Garden warns of default; Toyota to build 10 mln+ vehicles in 2023; EU inflation sticky; Aussie power stress imminent; UST 10yr 4.12%; gold and oil up; NZ$1 = 59.7 USc; TWI-5 = 68.6
A review of things you need to know before you sign off on Wednesday; a few retail rate changes, building consents slide, WMP holds low, Nats unveil tax policy, swaps soft, NZD firm, & more
30th Aug 23, 3:59pm
85
A review of things you need to know before you sign off on Wednesday; a few retail rate changes, building consents slide, WMP holds low, Nats unveil tax policy, swaps soft, NZD firm, & more
US labour market pressures ease; Japanese jobless levels rise; China battles sense of economic fear; Fitch holds NZ rating; WMP prices hold (low); UST 10yr 4.12%; gold and oil up; NZ$1 = 59.6 USc; TWI-5 = 68.6
30th Aug 23, 7:19am
103
US labour market pressures ease; Japanese jobless levels rise; China battles sense of economic fear; Fitch holds NZ rating; WMP prices hold (low); UST 10yr 4.12%; gold and oil up; NZ$1 = 59.6 USc; TWI-5 = 68.6
Activity and clearance rates may have picked up last week at residential property auctions, but the numbers coming to market remain very low
29th Aug 23, 7:04pm
Activity and clearance rates may have picked up last week at residential property auctions, but the numbers coming to market remain very low
A review of things you need to know before you sign off on Tuesday; no retail rate changes, no wholesale ones either, Heartland loves reverse mortgages, Auckland Council posts giant surplus, swaps and NZD on hold, & more
29th Aug 23, 3:59pm
45
A review of things you need to know before you sign off on Tuesday; no retail rate changes, no wholesale ones either, Heartland loves reverse mortgages, Auckland Council posts giant surplus, swaps and NZD on hold, & more
Pressure on Chinese economy grows; US oil patch data weak; EU lending weak; Aussie retail sales weak, some key commodity prices low; UST 10yr 4.22%; gold up and oil down; NZ$1 = 59.1 USc; TWI-5 = 68.3
29th Aug 23, 7:19am
22
Pressure on Chinese economy grows; US oil patch data weak; EU lending weak; Aussie retail sales weak, some key commodity prices low; UST 10yr 4.22%; gold up and oil down; NZ$1 = 59.1 USc; TWI-5 = 68.3
Treasury raises risk-free Kiwi Bond interest rates again squeezing the risk premium the banks offer for equivalent terms
28th Aug 23, 11:18am
11
Treasury raises risk-free Kiwi Bond interest rates again squeezing the risk premium the banks offer for equivalent terms
Flood of US data due this week; Powell hawkish but not for the next review; US deficit consequence warning; China profits lag; China jobs weak; UST 10yr 4.24%; gold down and oil up; NZ$1 = 59.2 USc; TWI-5 = 68.4
28th Aug 23, 7:20am
49
Flood of US data due this week; Powell hawkish but not for the next review; US deficit consequence warning; China profits lag; China jobs weak; UST 10yr 4.24%; gold down and oil up; NZ$1 = 59.2 USc; TWI-5 = 68.4