David Chaston

A review of things you need to know before you sign off on Friday; more home loan & TD rate cuts, rents softer, credit card use lower, but no credit card stress obvious, Turnbull to Milford, swaps stable, NZD marginally firmer, & more

A review of things you need to know before you sign off on Friday; more home loan & TD rate cuts, rents softer, credit card use lower, but no credit card stress obvious, Turnbull to Milford, swaps stable, NZD marginally firmer, & more

Trump bluster sets new low tone, raises risks; eyes on expected Japanese rate hike; China bolsters equity demand; freight rates fall sharply; Turkey cuts rates hard again; UST 10yr at 4.65%; gold and oil down; NZ$1 = 56.8 USc; TWI = 67.2

Trump bluster sets new low tone, raises risks; eyes on expected Japanese rate hike; China bolsters equity demand; freight rates fall sharply; Turkey cuts rates hard again; UST 10yr at 4.65%; gold and oil down; NZ$1 = 56.8 USc; TWI = 67.2

Westpac falls into line with matching mortgage and term deposit rate reductions. That leaves Kiwibank out on a bit of a limb, but at least they have the best main-bank term deposit rate

Westpac falls into line with matching mortgage and term deposit rate reductions. That leaves Kiwibank out on a bit of a limb, but at least they have the best main-bank term deposit rate

A review of things you need to know before you sign off on Thursday; Kiwi Bond rates cut, migration & tourism updates, successful NZGB tender, Crown a/cs show taxpayer stress, record high benefit levels, swaps stable NZD firmish, & more

A review of things you need to know before you sign off on Thursday; Kiwi Bond rates cut, migration & tourism updates, successful NZGB tender, Crown a/cs show taxpayer stress, record high benefit levels, swaps stable NZD firmish, & more

Treasury reduces Kiwi Bond interest rates, the benchmark for risk-free saving for retail savers, their first cut in 2025

Treasury reduces Kiwi Bond interest rates, the benchmark for risk-free saving for retail savers, their first cut in 2025

US retail indicators flash caution; ditto the CB LEI; Canada PPI rise soft; Korean sentiment improves; Aussie LEI improves; Aussie housing market does not; UST 10yr at 4.61%; gold up and oil down; NZ$1 = 56.6 USc; TWI = 67.2

US retail indicators flash caution; ditto the CB LEI; Canada PPI rise soft; Korean sentiment improves; Aussie LEI improves; Aussie housing market does not; UST 10yr at 4.61%; gold up and oil down; NZ$1 = 56.6 USc; TWI = 67.2

A review of things you need to know before you sign off on Wednesday; significant mortgage rate changes, dairy prices firm, real estate market quiet, inflation as expected, NZX50 little-changed, swaps stable, NZD on hold, & more

A review of things you need to know before you sign off on Wednesday; significant mortgage rate changes, dairy prices firm, real estate market quiet, inflation as expected, NZX50 little-changed, swaps stable, NZD on hold, & more

Although flexibility by banks on interest rates for mortgages is reducing fast, BNZ has staked a claim for attention by offering the lowest two year fixed rate in the present market

Although flexibility by banks on interest rates for mortgages is reducing fast, BNZ has staked a claim for attention by offering the lowest two year fixed rate in the present market

Dairy prices rise as China demand returns; Canada inflation contained; German sentiment positive but less so; China sets lower growth targets; UST 10yr at 4.58%; gold up and oil mixed; NZ$1 = 56.6 USc; TWI = 67.1

Dairy prices rise as China demand returns; Canada inflation contained; German sentiment positive but less so; China sets lower growth targets; UST 10yr at 4.58%; gold up and oil mixed; NZ$1 = 56.6 USc; TWI = 67.1

The largest home loan lender cuts its rate card, but in this tight market, discounts from that are becoming rarer. Savers are paying for this discounting because wholesale rates aren't shifting lower

The largest home loan lender cuts its rate card, but in this tight market, discounts from that are becoming rarer. Savers are paying for this discounting because wholesale rates aren't shifting lower

A review of things you need to know before you sign off on Tuesday; service sector shrinks too, end of year puff for retail, job ads weak, milk flows up, REINZ says 'tomorrow', swaps stable, NZD rises, & more

A review of things you need to know before you sign off on Tuesday; service sector shrinks too, end of year puff for retail, job ads weak, milk flows up, REINZ says 'tomorrow', swaps stable, NZD rises, & more

Trump puts tariffs on the backburner, promises war with Panama; Japan machine orders rise; China holds LPRs; HSBC signals quitting personal banking in Australia; UST 10yr at 4.48%; gold up and oil down; NZ$1 = 56.6 USc; TWI = 67.1

Trump puts tariffs on the backburner, promises war with Panama; Japan machine orders rise; China holds LPRs; HSBC signals quitting personal banking in Australia; UST 10yr at 4.48%; gold up and oil down; NZ$1 = 56.6 USc; TWI = 67.1

A review of things you need to know before you sign off on Monday; Wellington on holiday, meat exporters shift focus, REINZ data late, NZX50 slips, swaps on hold, NZD up slightly, & more

A review of things you need to know before you sign off on Monday; Wellington on holiday, meat exporters shift focus, REINZ data late, NZX50 slips, swaps on hold, NZD up slightly, & more

Eyes on NZ CPI, Trump2 effect; China says it hit GDP target; IMF raises growth estimates; US debt limit in focus again; Fed quits NGFS; UST 10yr at 4.62%; gold and oil soft; NZ$1 = 55.9 USc; TWI = 66.8

Eyes on NZ CPI, Trump2 effect; China says it hit GDP target; IMF raises growth estimates; US debt limit in focus again; Fed quits NGFS; UST 10yr at 4.62%; gold and oil soft; NZ$1 = 55.9 USc; TWI = 66.8

Westpac says the drivers for higher gold prices are still in place, even though traditional analysis suggests it may have peaked

Westpac says the drivers for higher gold prices are still in place, even though traditional analysis suggests it may have peaked

IMF upgrades global growth estimate on US strength; China claims +5% expansion; Singapore exports surge; aluminium price rises; UST 10yr at 4.60%; gold and oil softish; NZ$1 = 56 USc; TWI = 66.8

IMF upgrades global growth estimate on US strength; China claims +5% expansion; Singapore exports surge; aluminium price rises; UST 10yr at 4.60%; gold and oil softish; NZ$1 = 56 USc; TWI = 66.8

A review of things you need to know before you sign off on Friday; both home loan rates and term deposit rates are cut by majors, PMI still contracting, rents stable, swaps hesitate, NZD little-changed, & more

A review of things you need to know before you sign off on Friday; both home loan rates and term deposit rates are cut by majors, PMI still contracting, rents stable, swaps hesitate, NZD little-changed, & more

Both ASB and Westpac follow up their home loan rate cuts with reduced rates for term deposit savers. Now three institutions (including these two) no longer offer any 5% rates

Both ASB and Westpac follow up their home loan rate cuts with reduced rates for term deposit savers. Now three institutions (including these two) no longer offer any 5% rates

ASB has kickstarted the 2025 mortgage market competition with -20 bps rate cuts to have the most competitive home loan rate card among the main banks

ASB has kickstarted the 2025 mortgage market competition with -20 bps rate cuts to have the most competitive home loan rate card among the main banks

US data mixed; Korea holds rates unexpectedly; Country Garden reports huge loss; Aussie jobs gains strong, bring doubt about rate cuts; UST 10yr at 4.61%; gold up and oil holds; NZ$1 = 56.2 USc; TWI = 66.9

US data mixed; Korea holds rates unexpectedly; Country Garden reports huge loss; Aussie jobs gains strong, bring doubt about rate cuts; UST 10yr at 4.61%; gold up and oil holds; NZ$1 = 56.2 USc; TWI = 66.9

A review of things you need to know before you sign off on Thursday; Westpac matched BNZ at 5.99%, food prices show little inflation, TM sees very soft house buyer interest, swaps settle back, NZD holds, & more

A review of things you need to know before you sign off on Thursday; Westpac matched BNZ at 5.99%, food prices show little inflation, TM sees very soft house buyer interest, swaps settle back, NZD holds, & more

US CPI inflations delivers no surprise; markets react with glee; US home loan applications jump; US bank earnings jump; Japan nears rate hike; Indonesia makes a cut; UST 10yr at 4.66%; gold and oil up; NZ$1 = 56.1 USc; TWI = 67

US CPI inflations delivers no surprise; markets react with glee; US home loan applications jump; US bank earnings jump; Japan nears rate hike; Indonesia makes a cut; UST 10yr at 4.66%; gold and oil up; NZ$1 = 56.1 USc; TWI = 67

A review of things you need to know before you sign off on Wednesday; employment confidence rises, milk powder prices hold, overseas workers & students back at pre-pandemic levels, eyes on swap rate, NZD stable, & more

A review of things you need to know before you sign off on Wednesday; employment confidence rises, milk powder prices hold, overseas workers & students back at pre-pandemic levels, eyes on swap rate, NZD stable, & more

US sentiment mixed, retail eases and PPI gives inflation signals; US demographics changing; China bank lending up; Aussie sentiment lower; UST 10yr at 4.81%; gold up and oil down; NZ$1 = 56 USc; TWI = 67

US sentiment mixed, retail eases and PPI gives inflation signals; US demographics changing; China bank lending up; Aussie sentiment lower; UST 10yr at 4.81%; gold up and oil down; NZ$1 = 56 USc; TWI = 67

A review of things you need to know before you sign off on Tuesday; BNZ trims TD rates, business sentiment jumps, fewer Auckland dwelling built, home ownership better, grocery price rises tamer, swaps stable, NZD rises, & more

A review of things you need to know before you sign off on Tuesday; BNZ trims TD rates, business sentiment jumps, fewer Auckland dwelling built, home ownership better, grocery price rises tamer, swaps stable, NZD rises, & more