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.
David Chaston
Latest articles
With some economists expecting a higher OCR soon, and financial markets responding with higher wholesale rates, savers might be expecting higher term deposit offers as one consequence
12th Feb 24, 11:08am
31
With some economists expecting a higher OCR soon, and financial markets responding with higher wholesale rates, savers might be expecting higher term deposit offers as one consequence
China bank lending at record high but growth low; Japan and US equity markets hit highs; eyes on US shadow bank lending; Aussie household spending weak; UST 10yr 4.18%; gold and oil hold; NZ$1 = 61.5 USc; TWI-5 = 70.9
12th Feb 24, 7:19am
40
China bank lending at record high but growth low; Japan and US equity markets hit highs; eyes on US shadow bank lending; Aussie household spending weak; UST 10yr 4.18%; gold and oil hold; NZ$1 = 61.5 USc; TWI-5 = 70.9
S&P500 at record high; Canada jobs grow; Nikkei225 also hits a new high; China lending explodes; chocolate a new luxury item, UST 10yr 4.19%; gold slips again but oil rises; NZ$1 = 61.4 USc; TWI-5 = 70.9
10th Feb 24, 8:43am
22
S&P500 at record high; Canada jobs grow; Nikkei225 also hits a new high; China lending explodes; chocolate a new luxury item, UST 10yr 4.19%; gold slips again but oil rises; NZ$1 = 61.4 USc; TWI-5 = 70.9
A review of things you need to know before you sign off on Friday; Westpac trims rates, fewer big renos, Zollner goes full hawk, space center opens, swaps up, NZD firm, & more
9th Feb 24, 3:59pm
54
A review of things you need to know before you sign off on Friday; Westpac trims rates, fewer big renos, Zollner goes full hawk, space center opens, swaps up, NZD firm, & more
US jobless claims fall; US cereal output rises; UST yields rise; India holds policy rate; China deflation deepens; container freight rates stay very high, UST 10yr 4.17%; gold slips but oil rises; NZ$1 = 60.9 USc; TWI-5 = 70.4
9th Feb 24, 7:19am
127
US jobless claims fall; US cereal output rises; UST yields rise; India holds policy rate; China deflation deepens; container freight rates stay very high, UST 10yr 4.17%; gold slips but oil rises; NZ$1 = 60.9 USc; TWI-5 = 70.4
The Red Bank becomes the first major to break out of the tight range of mortgage rates being offered by the majors, cutting both fixed home loan rates modestly (and term deposit rates by more) even as wholesale rates rise
9th Feb 24, 6:04am
30
The Red Bank becomes the first major to break out of the tight range of mortgage rates being offered by the majors, cutting both fixed home loan rates modestly (and term deposit rates by more) even as wholesale rates rise
A review of things you need to know before you sign off on Thursday; Heartland makes surprise mortgage rate cuts, more houses sell at a loss, Auckland regional fuel tax killed, swaps up, NZD firm, & more
8th Feb 24, 3:59pm
58
A review of things you need to know before you sign off on Thursday; Heartland makes surprise mortgage rate cuts, more houses sell at a loss, Auckland regional fuel tax killed, swaps up, NZD firm, & more
Heartland Bank slices its fixed home loan rates with big cuts to all terms, opening up a big differences to main bank rates
8th Feb 24, 8:46am
21
Heartland Bank slices its fixed home loan rates with big cuts to all terms, opening up a big differences to main bank rates
US trade deficit at 3yr lows; China's fx reserves slip less than expected; German industrial production slide extends, Ørsted stumbles, UST 10yr 4.11%; gold and oil little-changed; NZ$1 = 61.1 USc; TWI-5 = 70.4
8th Feb 24, 7:19am
49
US trade deficit at 3yr lows; China's fx reserves slip less than expected; German industrial production slide extends, Ørsted stumbles, UST 10yr 4.11%; gold and oil little-changed; NZ$1 = 61.1 USc; TWI-5 = 70.4
A review of things you need to know before you sign off on Wednesday; dairy prices rise, meat exports fall, jobless rate little-changed, analyst sees an OCR rise, NAB gets new CEO, swaps up, NZD firm
7th Feb 24, 3:59pm
122
A review of things you need to know before you sign off on Wednesday; dairy prices rise, meat exports fall, jobless rate little-changed, analyst sees an OCR rise, NAB gets new CEO, swaps up, NZD firm
Dairy prices rise; US data strong; China rattled, readies rescue plan; German factory orders rebound; RBA holds hawkishly; UST 10yr 4.09%; gold down and oil up; NZ$1 = 60.7 USc; TWI-5 = 70
7th Feb 24, 7:19am
58
Dairy prices rise; US data strong; China rattled, readies rescue plan; German factory orders rebound; RBA holds hawkishly; UST 10yr 4.09%; gold down and oil up; NZ$1 = 60.7 USc; TWI-5 = 70
In an increasingly fractured world where great power rivalries are buffeting the international financial system, gold holdings and reserves are one way rogue states can insulate themselves. But the largest stakes are still Western-controlled
6th Feb 24, 12:40pm
35
In an increasingly fractured world where great power rivalries are buffeting the international financial system, gold holdings and reserves are one way rogue states can insulate themselves. But the largest stakes are still Western-controlled
A review of things you need to know before you sign off on Monday; no retail rate changes, listings surge, FBU hit, commodity prices hold up, record bank funding levels, swaps up, NZD holds, & more
5th Feb 24, 3:59pm
44
A review of things you need to know before you sign off on Monday; no retail rate changes, listings surge, FBU hit, commodity prices hold up, record bank funding levels, swaps up, NZD holds, & more
China's prospects dim in IMF eyes; China's housing market tough; US labour market stronger than expected; US earnings growth modest; food prices fall; UST 10yr 4.04%; gold and oil drop; NZ$1 = 60.7 USc; TWI-5 = 70
5th Feb 24, 7:19am
36
China's prospects dim in IMF eyes; China's housing market tough; US labour market stronger than expected; US earnings growth modest; food prices fall; UST 10yr 4.04%; gold and oil drop; NZ$1 = 60.7 USc; TWI-5 = 70
US jobs market rockets higher; US factory orders rise; US consumers bullish; IMF sees China growth waning; China property sales dive; world food prices fall; UST 10yr 4.04%; gold and oil drop; NZ$1 = 60.7 USc; TWI-5 = 70
3rd Feb 24, 8:31am
77
US jobs market rockets higher; US factory orders rise; US consumers bullish; IMF sees China growth waning; China property sales dive; world food prices fall; UST 10yr 4.04%; gold and oil drop; NZ$1 = 60.7 USc; TWI-5 = 70
A review of things you need to know before you sign off on Friday; Barfoots weak in January, building consents weak, car sales soft, consumer confidence low, retail weak, swaps stable, NZD firm, & more
2nd Feb 24, 3:59pm
32
A review of things you need to know before you sign off on Friday; Barfoots weak in January, building consents weak, car sales soft, consumer confidence low, retail weak, swaps stable, NZD firm, & more
Global factory data improves on new orders; India shutters huge payments system; inflation eases in Europe; commercial property risks jump; UST 10yr 3.87%; gold up and oil flat; NZ$1 = 61.3 USc; TWI-5 = 70.3
2nd Feb 24, 7:20am
95
Global factory data improves on new orders; India shutters huge payments system; inflation eases in Europe; commercial property risks jump; UST 10yr 3.87%; gold up and oil flat; NZ$1 = 61.3 USc; TWI-5 = 70.3
A review of things you need to know before you sign off on Thursday; a hot 2yr home loan rate, household living costs higher than CPI, non-performing loans up swaps stable, NZD firm, & more
1st Feb 24, 3:59pm
57
A review of things you need to know before you sign off on Thursday; a hot 2yr home loan rate, household living costs higher than CPI, non-performing loans up swaps stable, NZD firm, & more
Eyes on US Fed; ADP jobs growth modest; China PMIs rise slightly; China moves against 2100 rural banks; Westpac slapped; Aussie inflation falls sharply; UST 10yr 3.96%; gold up and oil down; NZ$1 = 61.4 USc; TWI-5 = 70.3
1st Feb 24, 7:19am
90
Eyes on US Fed; ADP jobs growth modest; China PMIs rise slightly; China moves against 2100 rural banks; Westpac slapped; Aussie inflation falls sharply; UST 10yr 3.96%; gold up and oil down; NZ$1 = 61.4 USc; TWI-5 = 70.3
A review of things you need to know before you sign off on Wednesday; no retail rate changes, business confidence up, TDs very popular, dairy prices rise, house lending up, swaps unchanged, NZD firm, & more
31st Jan 24, 3:59pm
66
A review of things you need to know before you sign off on Wednesday; no retail rate changes, business confidence up, TDs very popular, dairy prices rise, house lending up, swaps unchanged, NZD firm, & more
US economic data positive; expectations of China stimulus fade; EU avoids recession; Aussie retail sales weak; IMF expects global economy to expand faster; UST 10yr 4.08%; gold and oil up; NZ$1 = 61.2 USc; TWI-5 = 70.2
31st Jan 24, 7:19am
91
US economic data positive; expectations of China stimulus fade; EU avoids recession; Aussie retail sales weak; IMF expects global economy to expand faster; UST 10yr 4.08%; gold and oil up; NZ$1 = 61.2 USc; TWI-5 = 70.2
[updated]
A review of things you need to know before you sign off on Tuesday; migrants active house buyers, FHBs active mortgage borrowers, RBNZ holds the line, eyes on dairy prices, swaps stable, NZD firm, & more
30th Jan 24, 3:59pm
38
A review of things you need to know before you sign off on Tuesday; migrants active house buyers, FHBs active mortgage borrowers, RBNZ holds the line, eyes on dairy prices, swaps stable, NZD firm, & more
Evergrande kaput; investors question BYD; Texas factories stutter; Taiwan sentiment rises; India sees 7%+ growth ahead; UST 10yr 4.10%; gold up and oil down; NZ$1 = 61.1 USc; TWI-5 = 70.1
30th Jan 24, 7:19am
51
Evergrande kaput; investors question BYD; Texas factories stutter; Taiwan sentiment rises; India sees 7%+ growth ahead; UST 10yr 4.10%; gold up and oil down; NZ$1 = 61.1 USc; TWI-5 = 70.1
A review of things you need to know before you sign off on Monday; less trade, more jobs, bigger intervention capacity, mortgage interest cost jumps, swaps firm, NZS holds, & more
29th Jan 24, 3:59pm
19
A review of things you need to know before you sign off on Monday; less trade, more jobs, bigger intervention capacity, mortgage interest cost jumps, swaps firm, NZS holds, & more
Concerns about China's debt trends rise; US inflation cools as household spending rises; eyes on Fed and response to rising real interest rates; UST 10yr 4.14%; gold and oil up; NZ$1 = 60.9 USc; TWI-5 = 69.9
29th Jan 24, 7:19am
38
Concerns about China's debt trends rise; US inflation cools as household spending rises; eyes on Fed and response to rising real interest rates; UST 10yr 4.14%; gold and oil up; NZ$1 = 60.9 USc; TWI-5 = 69.9