David Chaston

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

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

Powell stays hawkish; UST market vulnerability warning; China says FHB rule scrapped; Country Garden finds investors unsympathetic; UST 10yr 4.24%; gold down and oil up; NZ$1 = 59.2 USc; TWI-5 = 68.4

Powell stays hawkish; UST market vulnerability warning; China says FHB rule scrapped; Country Garden finds investors unsympathetic; UST 10yr 4.24%; gold down and oil up; NZ$1 = 59.2 USc; TWI-5 = 68.4

A review of things you need to know before you sign off on Friday; higher home loan and TD rates, bank margins rise, banks rely more on depositors, impairment stress modest, swaps rise, NZD slips, & more

A review of things you need to know before you sign off on Friday; higher home loan and TD rates, bank margins rise, banks rely more on depositors, impairment stress modest, swaps rise, NZD slips, & more

All eyes on Jackson Hole; granular US data mostly positive; Turkey hikes rates aggressively; investors shun China; freight rates fall; UST 10yr 4.23%; gold unchanged and oil dips yet again; NZ$1 = 59.2 USc; TWI-5 = 68.4

All eyes on Jackson Hole; granular US data mostly positive; Turkey hikes rates aggressively; investors shun China; freight rates fall; UST 10yr 4.23%; gold unchanged and oil dips yet again; NZ$1 = 59.2 USc; TWI-5 = 68.4

Westpac joins ASB and ANZ with higher fixed home loan rates. It also raises term deposit rates. With the majors mostly falling into line with the ASB-led hiking, all eyes will now turn to BNZ and Kiwibank

Westpac joins ASB and ANZ with higher fixed home loan rates. It also raises term deposit rates. With the majors mostly falling into line with the ASB-led hiking, all eyes will now turn to BNZ and Kiwibank

A review of things you need to know before you sign off on Thursday; no retail rate changes, profits higher nearly everywhere, giant BNZ bond, NZGB yields over 5%, swaps fall back & flatten, NZD holds, & more

A review of things you need to know before you sign off on Thursday; no retail rate changes, profits higher nearly everywhere, giant BNZ bond, NZGB yields over 5%, swaps fall back & flatten, NZD holds, & more

American PMIs slip; US house building rises; China pressures spread; Japan PMIs rise; EU sentiment slips; India successful; UST 10yr 4.20%; gold firmer and oil dips again; NZ$1 = 59.8 USc; TWI-5 = 68.8

American PMIs slip; US house building rises; China pressures spread; Japan PMIs rise; EU sentiment slips; India successful; UST 10yr 4.20%; gold firmer and oil dips again; NZ$1 = 59.8 USc; TWI-5 = 68.8

A review of things you need to know before you sign off on Wednesday; big changes to mortgage and TD rates, retail spending shrinks, but credit stress less, swaps sharply lower, NZD up, & more

A review of things you need to know before you sign off on Wednesday; big changes to mortgage and TD rates, retail spending shrinks, but credit stress less, swaps sharply lower, NZD up, & more

Equities down, yields down, WTI crude down, gold up, US dollar mixed. USDCNY 7.3 level holds as Chinese authorities continue to defend the yuan. US treasuries mixed: short end firms, long dated yields ease from recent highs

Equities down, yields down, WTI crude down, gold up, US dollar mixed. USDCNY 7.3 level holds as Chinese authorities continue to defend the yuan. US treasuries mixed: short end firms, long dated yields ease from recent highs

Waiting for Powell's Jackson Hole speech; US data sluggish; US regional bank ratings get trimmed; Panama drought affects canal passage; Korea confident; UST 10yr 4.33%; gold firm and oil dips again; NZ$1 = 59.5 USc; TWI-5 = 68.6

Waiting for Powell's Jackson Hole speech; US data sluggish; US regional bank ratings get trimmed; Panama drought affects canal passage; Korea confident; UST 10yr 4.33%; gold firm and oil dips again; NZ$1 = 59.5 USc; TWI-5 = 68.6

A major bank offers 6% for a term deposit, as ANZ raises some key rates and adopts that rate for an 18-month term

A major bank offers 6% for a term deposit, as ANZ raises some key rates and adopts that rate for an 18-month term

ASB opened the door, and the first to walk through it is ANZ with an even steeper set of fixed home loan rate increases

ASB opened the door, and the first to walk through it is ANZ with an even steeper set of fixed home loan rate increases

A review of things you need to know before you sign off on Tuesday; no retail rate changes, interest-free car loans from Westpac, are rates really high?, swaps up, NZD holds, & more

A review of things you need to know before you sign off on Tuesday; no retail rate changes, interest-free car loans from Westpac, are rates really high?, swaps up, NZD holds, & more

US funding benchmarks rise to 16yr highs; China trims one benchmark rate to all-time low; China property risks a national threat; Aussie insurance profits rise; UST 10yr 4.34%; gold firm and oil dips; NZ$1 = 59.2 USc; TWI-5 = 68.3

US funding benchmarks rise to 16yr highs; China trims one benchmark rate to all-time low; China property risks a national threat; Aussie insurance profits rise; UST 10yr 4.34%; gold firm and oil dips; NZ$1 = 59.2 USc; TWI-5 = 68.3

A review of things you need to know before you sign off on Monday; ASB raises fixed home loan rates, affordability for FHBs worsens, more big bond issues coming, bigger trade deficit, swaps up, NZD stable, & more

A review of things you need to know before you sign off on Monday; ASB raises fixed home loan rates, affordability for FHBs worsens, more big bond issues coming, bigger trade deficit, swaps up, NZD stable, & more

ASB heeds their owner's boss, raising home loan rates in unseasonal drive to protect profits. But SBS Bank strikes with a very competitive sub-6% three year rate

ASB heeds their owner's boss, raising home loan rates in unseasonal drive to protect profits. But SBS Bank strikes with a very competitive sub-6% three year rate

Investors in China pull back; Fitch watching closely; some China carmakers report growing losses; Japan CPI stays elevated; Canadian PPI in focus; Aussie investment pipeline swells; UST 10yr 4.25%; gold and oil firm; NZ$1 = 59.4 USc; TWI-5 = 68.5

Investors in China pull back; Fitch watching closely; some China carmakers report growing losses; Japan CPI stays elevated; Canadian PPI in focus; Aussie investment pipeline swells; UST 10yr 4.25%; gold and oil firm; NZ$1 = 59.4 USc; TWI-5 = 68.5

Canadian PPI turns back up; Japan CPI stays high; China FDI slumps; Aussie construction pipeline at record high; ATO battles TikTok GST fraud; UST 10yr 4.25%; gold and oil firm; NZ$1 = 59.4 USc; TWI-5 = 68.5

Canadian PPI turns back up; Japan CPI stays high; China FDI slumps; Aussie construction pipeline at record high; ATO battles TikTok GST fraud; UST 10yr 4.25%; gold and oil firm; NZ$1 = 59.4 USc; TWI-5 = 68.5

A review of things you need to know before you sign off on Friday; house vendors accept lower offers, Fonterra cuts again, tractor sales low, farms to be in ETS, swaps firmish, NZD holds, & more

A review of things you need to know before you sign off on Friday; house vendors accept lower offers, Fonterra cuts again, tractor sales low, farms to be in ETS, swaps firmish, NZD holds, & more

Just two weeks after Fonterra cut its new season payout forecast by -$1, it has trimmed another -25c in a further move down after yet another sharp drop in dairy prices at auction

Just two weeks after Fonterra cut its new season payout forecast by -$1, it has trimmed another -25c in a further move down after yet another sharp drop in dairy prices at auction

US data positive; Japanese exports slip on China trade; eyes on Japanese CPI; China rushes to defend the yuan; Aussie labour market slips; UST 10yr 4.31%; gold lower and oil firms; NZ$1 = 59.3 USc; TWI-5 = 68.5

US data positive; Japanese exports slip on China trade; eyes on Japanese CPI; China rushes to defend the yuan; Aussie labour market slips; UST 10yr 4.31%; gold lower and oil firms; NZ$1 = 59.3 USc; TWI-5 = 68.5

A review of things you need to know before you sign off on Thursday; workers rush in, wealth shrinks, PPI rise tame except on farms, no debt stress, election and NZX50 updates, swaps up, NZD down, & more

A review of things you need to know before you sign off on Thursday; workers rush in, wealth shrinks, PPI rise tame except on farms, no debt stress, election and NZX50 updates, swaps up, NZD down, & more

US data positive; US Fed sees more tightening but it's not unanimous; China economic stresses rise; EU doing better; UST 10yr 4.27%; gold and oil lower; NZ$1 = 59.4 USc; TWI-5 = 68.5

US data positive; US Fed sees more tightening but it's not unanimous; China economic stresses rise; EU doing better; UST 10yr 4.27%; gold and oil lower; NZ$1 = 59.4 USc; TWI-5 = 68.5

A review of things you need to know before you sign off on Wednesday; sharp dairy prices falls, RBNZ leaves OCR unchanged, real estate sector heads 'south', swaps unchanged, NZD firms, & more

A review of things you need to know before you sign off on Wednesday; sharp dairy prices falls, RBNZ leaves OCR unchanged, real estate sector heads 'south', swaps unchanged, NZD firms, & more

Dairy prices fall hard; US data more positive; Canada inflation at 3.3%; Japan shines; China's funk deepens; German sentiment better; RBA warns on labour market; UST 10yr 4.22%; gold and oil lower; NZ$1 = 59.6 USc; TWI-5 = 68.6

Dairy prices fall hard; US data more positive; Canada inflation at 3.3%; Japan shines; China's funk deepens; German sentiment better; RBA warns on labour market; UST 10yr 4.22%; gold and oil lower; NZ$1 = 59.6 USc; TWI-5 = 68.6