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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
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Three of the five main banks have now pushed through higher home loan rates. Two of them have also raised some longer term deposit rates. In the background, some wholesale swap rates pushed on up to 15 year highs
6th Jul 23, 5:53pm
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Three of the five main banks have now pushed through higher home loan rates. Two of them have also raised some longer term deposit rates. In the background, some wholesale swap rates pushed on up to 15 year highs
[updated]
A review of things you need to know before you sign off on Thursday; Westpac moves rates up, net worth falls but we are still saving, Auckland new house completions still high, swaps firm, NZD stable, & more
6th Jul 23, 3:59pm
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A review of things you need to know before you sign off on Thursday; Westpac moves rates up, net worth falls but we are still saving, Auckland new house completions still high, swaps firm, NZD stable, & more
US data modestly positive; Fed minutes move bond yields; China services expansion slows; Services expansions rise in Japan and India; air cargo demand still weak; UST 10yr 3.94%; gold and oil firmer; NZ$1 = 61.9 USc; TWI-5 = 70.5
6th Jul 23, 7:19am
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US data modestly positive; Fed minutes move bond yields; China services expansion slows; Services expansions rise in Japan and India; air cargo demand still weak; UST 10yr 3.94%; gold and oil firmer; NZ$1 = 61.9 USc; TWI-5 = 70.5
A review of things you need to know before you sign off on Wednesday; no-one has followed ASB up yet, Barfoots flat, CoreLogic says its down, dairy prices lower, Westpac keeps Govt banking, swaps up, NZD up, & more
5th Jul 23, 3:59pm
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A review of things you need to know before you sign off on Wednesday; no-one has followed ASB up yet, Barfoots flat, CoreLogic says its down, dairy prices lower, Westpac keeps Govt banking, swaps up, NZD up, & more
Dairy prices drop more than expected; China retaliates on de-risking; China drops TD rates further; RBA holds; global temperatures hits new record high; UST 10yr 3.86%; gold and oil firmer; NZ$1 = 62 USc; TWI-5 = 70.4
5th Jul 23, 7:19am
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Dairy prices drop more than expected; China retaliates on de-risking; China drops TD rates further; RBA holds; global temperatures hits new record high; UST 10yr 3.86%; gold and oil firmer; NZ$1 = 62 USc; TWI-5 = 70.4
[updated]
A review of things you need to know before you sign off on Tuesday; no retail rate changes, QSBO less pessimistic, eyes on dairy prices, eyes on RBA and Aussie mortgage stress, swaps and NZD stable, & more
4th Jul 23, 3:59pm
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A review of things you need to know before you sign off on Tuesday; no retail rate changes, QSBO less pessimistic, eyes on dairy prices, eyes on RBA and Aussie mortgage stress, swaps and NZD stable, & more
Globally factory activity slows; DBS parks massive excess deposit base; Aussie house prices rise; commercial property values cut; UST 10yr 3.86%; gold and oil little-changed; NZ$1 = 61.5 USc; TWI-5 = 69.9
4th Jul 23, 7:24am
43
Globally factory activity slows; DBS parks massive excess deposit base; Aussie house prices rise; commercial property values cut; UST 10yr 3.86%; gold and oil little-changed; NZ$1 = 61.5 USc; TWI-5 = 69.9
A review of things you need to know before you sign off on Monday; ASB drives mortgage rates higher, Heartland TD rates; mortgage stress emerges; building permits slide; car buying splurge; swaps firm, NZD stable, & much more
3rd Jul 23, 4:01pm
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A review of things you need to know before you sign off on Monday; ASB drives mortgage rates higher, Heartland TD rates; mortgage stress emerges; building permits slide; car buying splurge; swaps firm, NZD stable, & much more
[updated]
July kicks off with a sharp hike by ASB to its one year fixed mortgage rate, taking it to its highest since late 2008. Will rivals follow?
3rd Jul 23, 10:25am
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July kicks off with a sharp hike by ASB to its one year fixed mortgage rate, taking it to its highest since late 2008. Will rivals follow?
Globally, eyes on weather disruptions; China data soft, yuan weak; Japan data strong, yen weak; US data positive, eyes on payrolls; UST 10yr 3.84%; gold and oil unchanged; NZ$1 = 61.4 USc; TWI-5 = 69.8
3rd Jul 23, 7:19am
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Globally, eyes on weather disruptions; China data soft, yuan weak; Japan data strong, yen weak; US data positive, eyes on payrolls; UST 10yr 3.84%; gold and oil unchanged; NZ$1 = 61.4 USc; TWI-5 = 69.8
US reveals more positive data; China's PMIs concerning, steel industry struggles; Japan industry jumps; Canberra reveals monster May surplus; UST 10yr 3.84%; gold and oil up; NZ$1 = 61.4 USc; TWI-5 = 69.8
1st Jul 23, 8:46am
90
US reveals more positive data; China's PMIs concerning, steel industry struggles; Japan industry jumps; Canberra reveals monster May surplus; UST 10yr 3.84%; gold and oil up; NZ$1 = 61.4 USc; TWI-5 = 69.8
A review of things you need to know before you sign off on Friday; consumer sentiment rises, Westpac seeks T1 bond funding, farm sales very low, households pile in to TDs, swaps jump, NZD low & stable, & more
30th Jun 23, 3:58pm
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A review of things you need to know before you sign off on Friday; consumer sentiment rises, Westpac seeks T1 bond funding, farm sales very low, households pile in to TDs, swaps jump, NZD low & stable, & more
US data mostly quite positive; China struggles and yuan devalues further; Japanese strength rises; EU inflation stays high; global freight rates fall again; UST 10yr 3.85%; gold lower and oil unchanged; NZ$1 = 60.7 USc; TWI-5 = 69.2
30th Jun 23, 7:31am
83
US data mostly quite positive; China struggles and yuan devalues further; Japanese strength rises; EU inflation stays high; global freight rates fall again; UST 10yr 3.85%; gold lower and oil unchanged; NZ$1 = 60.7 USc; TWI-5 = 69.2
[updated]
A review of things you need to know before you sign off on Thursday; business sentiment makes surprise jump, Tiger pinged, Banking Ombudsman pushes banks, swaps and NZD stable
29th Jun 23, 3:59pm
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A review of things you need to know before you sign off on Thursday; business sentiment makes surprise jump, Tiger pinged, Banking Ombudsman pushes banks, swaps and NZD stable
US joins ECB saying more rate rises are coming; eyes on stress tests; China profits fall; Australia CPI inflation falls; UST 10yr 3.72%; gold unchanged and oil firmer; NZ$1 = 60.8 USc; TWI-5 = 69.4
29th Jun 23, 7:29am
158
US joins ECB saying more rate rises are coming; eyes on stress tests; China profits fall; Australia CPI inflation falls; UST 10yr 3.72%; gold unchanged and oil firmer; NZ$1 = 60.8 USc; TWI-5 = 69.4
A review of things you need to know before you sign off on Wednesday: more jobs & higher pay, FHBs buy for less, tackling online fraud, can you support us, swaps up, NZD down, & more
28th Jun 23, 3:59pm
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A review of things you need to know before you sign off on Wednesday: more jobs & higher pay, FHBs buy for less, tackling online fraud, can you support us, swaps up, NZD down, & more
interest.co.nz is a free service for all - help us stay that way. If you know us, trust us, and value what we do, can we ask you to support us - and Supporters can go ad-free
28th Jun 23, 12:18pm
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interest.co.nz is a free service for all - help us stay that way. If you know us, trust us, and value what we do, can we ask you to support us - and Supporters can go ad-free
US economic data impresses; Canadian inflation eases faster; China's clamp in negative thought spreads; ECB sees second inflation wave; Australian surplus larger; UST 10yr 3.77%; gold and oil weaker; NZ$1 = 61.7 USc; TWI-5 = 70
28th Jun 23, 7:22am
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US economic data impresses; Canadian inflation eases faster; China's clamp in negative thought spreads; ECB sees second inflation wave; Australian surplus larger; UST 10yr 3.77%; gold and oil weaker; NZ$1 = 61.7 USc; TWI-5 = 70
A review of things you need to know before you sign off on Tuesday; some more mortgage rate increases, jobs market confidence down, credit stress still low, new mortgage levels low, swaps and NZD stable, & more
27th Jun 23, 3:59pm
22
A review of things you need to know before you sign off on Tuesday; some more mortgage rate increases, jobs market confidence down, credit stress still low, new mortgage levels low, swaps and NZD stable, & more
US second-tier data weak; China struggles to suppress negative economic sentiment; Taiwan retail rises; Singapore factories weaker; UST 10yr 3.72%; gold and oil firmer; NZ$1 = 61.7 USc; TWI-5 = 70.1
27th Jun 23, 7:37am
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US second-tier data weak; China struggles to suppress negative economic sentiment; Taiwan retail rises; Singapore factories weaker; UST 10yr 3.72%; gold and oil firmer; NZ$1 = 61.7 USc; TWI-5 = 70.1
A review of things you need to know before you sign off on Monday; affordability for existing homeowners still good, power supply on edge, ProdCom sidelines itself, swaps soft, NZD firm, & more
26th Jun 23, 3:59pm
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A review of things you need to know before you sign off on Monday; affordability for existing homeowners still good, power supply on edge, ProdCom sidelines itself, swaps soft, NZD firm, & more
US economic activity growth slows; Chinese equities take a hit, holiday travel average, fears for farmland; Aussie signals waver; UST 10yr 3.74%; gold and oil unchanged; NZ$1 = 61.4 USc; TWI-5 = 69.8
26th Jun 23, 7:19am
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US economic activity growth slows; Chinese equities take a hit, holiday travel average, fears for farmland; Aussie signals waver; UST 10yr 3.74%; gold and oil unchanged; NZ$1 = 61.4 USc; TWI-5 = 69.8
US and Japanese PMI expansions underpinned by consumer spending; China looks for a new direction; Singapore inflation eases; Australia on tenterhooks; UST 10yr 3.74%; gold and oil little-changed; NZ$1 = 61.4 USc; TWI-5 = 69.8
24th Jun 23, 8:20am
54
US and Japanese PMI expansions underpinned by consumer spending; China looks for a new direction; Singapore inflation eases; Australia on tenterhooks; UST 10yr 3.74%; gold and oil little-changed; NZ$1 = 61.4 USc; TWI-5 = 69.8
A review of things you need to know before you sign off on Friday; some more TD changes, truckometer hangs in there, Police nab big meth haul, FMA starts with the big end, swaps up, NZD stable, & more
23rd Jun 23, 4:00pm
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A review of things you need to know before you sign off on Friday; some more TD changes, truckometer hangs in there, Police nab big meth haul, FMA starts with the big end, swaps up, NZD stable, & more
US data lackluster; China on holiday; UK & Norway hike rates faster, Turkey too; ASIC tackles insurers; container shipping costs fall again; UST 10yr 3.79%; gold and oil drop; NZ$1 = 61.8 USc; TWI-5 = 69.8
23rd Jun 23, 7:26am
76
US data lackluster; China on holiday; UK & Norway hike rates faster, Turkey too; ASIC tackles insurers; container shipping costs fall again; UST 10yr 3.79%; gold and oil drop; NZ$1 = 61.8 USc; TWI-5 = 69.8