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
A review of things you need to know before you sign off on Monday; Westpac's profit slips, insurers hit hard, more storms imminent, more corporate bond issues, swaps up, NZD holds, & more
8th May 23, 4:00pm
29
A review of things you need to know before you sign off on Monday; Westpac's profit slips, insurers hit hard, more storms imminent, more corporate bond issues, swaps up, NZD holds, & more
Global food prices rise; China's service sector expands; US labour market strong again; EU retail weak; eyes on Australian Budget; UST 10yr 3.44%; gold up and oil unchanged; NZ$1 = 62.9 USc; TWI-5 = 70.6
8th May 23, 7:20am
83
Global food prices rise; China's service sector expands; US labour market strong again; EU retail weak; eyes on Australian Budget; UST 10yr 3.44%; gold up and oil unchanged; NZ$1 = 62.9 USc; TWI-5 = 70.6
US payrolls grow more than expected; US consumer debt rises; China's services sector expanding; Singapore dips; German factory orders dive; UST 10yr 3.44%; gold down and oil up; NZ$1 = 63 USc; TWI-5 = 70.6
6th May 23, 8:44am
32
US payrolls grow more than expected; US consumer debt rises; China's services sector expanding; Singapore dips; German factory orders dive; UST 10yr 3.44%; gold down and oil up; NZ$1 = 63 USc; TWI-5 = 70.6
A review of things you need to know before you sign off on Friday; some TD tweaks, ANZ reports big profit, Aussie home lending turns up, HSBC's breakup vote due, swaps slip, NZD rises, & more
5th May 23, 3:59pm
48
A review of things you need to know before you sign off on Friday; some TD tweaks, ANZ reports big profit, Aussie home lending turns up, HSBC's breakup vote due, swaps slip, NZD rises, & more
American labour markets stay resilient; US exports rise; China's factories not expanding; ECB hikes another +25 bps; Australian trade surplus huge again; UST 10yr 3.37%; gold up and oil holds low; NZ$1 = 63 USc; TWI-5 = 70.7
5th May 23, 7:25am
149
American labour markets stay resilient; US exports rise; China's factories not expanding; ECB hikes another +25 bps; Australian trade surplus huge again; UST 10yr 3.37%; gold up and oil holds low; NZ$1 = 63 USc; TWI-5 = 70.7
[updated]
A review of things you need to know before you sign off on Thursday; building consent levels soft, Govt bonds in hot demand, commodity prices sag, BNZ shines, swaps and NZD on hold, & more
4th May 23, 3:59pm
42
A review of things you need to know before you sign off on Thursday; building consent levels soft, Govt bonds in hot demand, commodity prices sag, BNZ shines, swaps and NZD on hold, & more
New Zealand wholesale rates curves have suddenly twisted to be as inverted as they were during the GFC. This may last until inflation is beaten
4th May 23, 10:12am
13
New Zealand wholesale rates curves have suddenly twisted to be as inverted as they were during the GFC. This may last until inflation is beaten
[updated]
The US Fed raises its policy rate to a 16 year high; US data positive; India service sector humming; EU jobless rate at record low; air cargo volumes ease; UST 10yr 3.40%; gold up and oil down further; NZ$1 = 62.4 USc; TWI-5 = 70.3
4th May 23, 7:19am
48
The US Fed raises its policy rate to a 16 year high; US data positive; India service sector humming; EU jobless rate at record low; air cargo volumes ease; UST 10yr 3.40%; gold up and oil down further; NZ$1 = 62.4 USc; TWI-5 = 70.3
[updated]
A review of things you need to know before you sign off on Wednesday; property values slide, labour market stays very tight, poor resilience, FSR released, retailing weak, swaps on hold, NZD firm, & more
3rd May 23, 3:59pm
64
A review of things you need to know before you sign off on Wednesday; property values slide, labour market stays very tight, poor resilience, FSR released, retailing weak, swaps on hold, NZD firm, & more
Dairy prices rise; US regional banks take a hammering; US data dour ahead of US Fed meeting; China's bad air returns; Hong Kong grows again; RBA center of frustrations; UST 10yr 3.53%; gold up and oil down; NZ$1 = 62.1 USc; TWI-5 = 70.1
3rd May 23, 7:23am
66
Dairy prices rise; US regional banks take a hammering; US data dour ahead of US Fed meeting; China's bad air returns; Hong Kong grows again; RBA center of frustrations; UST 10yr 3.53%; gold up and oil down; NZ$1 = 62.1 USc; TWI-5 = 70.1
[updated]
A review of things you need to know before you sign off on Tuesday; some rate changes, Barfoots glum, Kiwibank seeks tier 2 capital, fewer car sales, fewer clean car discounts, eyes on RBA, swaps jump, NZD stable, & more
2nd May 23, 3:59pm
66
A review of things you need to know before you sign off on Tuesday; some rate changes, Barfoots glum, Kiwibank seeks tier 2 capital, fewer car sales, fewer clean car discounts, eyes on RBA, swaps jump, NZD stable, & more
Deposit insurance coverage under review; global PMIs mixed; commodities weaker on China prospects; eyes on RBA; UST 10yr 3.58%; gold and oil down; NZ$1 = 61.7 USc; TWI-5 = 69.8
2nd May 23, 7:22am
79
Deposit insurance coverage under review; global PMIs mixed; commodities weaker on China prospects; eyes on RBA; UST 10yr 3.58%; gold and oil down; NZ$1 = 61.7 USc; TWI-5 = 69.8
[updated]
A review of things you need to know before you sign off on Monday; households suffer higher inflation, mortgage interest at record highs, housing market slumps, credit stress stirs, swaps stable, NZD little-changed, & more
1st May 23, 3:59pm
103
A review of things you need to know before you sign off on Monday; households suffer higher inflation, mortgage interest at record highs, housing market slumps, credit stress stirs, swaps stable, NZD little-changed, & more
The US Fed gives itself an uppercut over SVB; US PCE inflation falls; consumer sentiment rises; China on Golden Week after weak April PMI; Japan mulls end of QE; UST 10yr 3.55%; gold up and oil down; NZ$1 = 61.9 USc; TWI-5 = 69.5
1st May 23, 7:19am
45
The US Fed gives itself an uppercut over SVB; US PCE inflation falls; consumer sentiment rises; China on Golden Week after weak April PMI; Japan mulls end of QE; UST 10yr 3.55%; gold up and oil down; NZ$1 = 61.9 USc; TWI-5 = 69.5
Global PMIs rise in April; Japan's inflation stays above 3%; Chile nationalises its lithium industry; eyes on commercial property valuations; UST 10yr 3.57%; gold and oil down; NZ$1 = 61.4 USc; TWI-5 = 69.1
22nd Apr 23, 8:48am
41
Global PMIs rise in April; Japan's inflation stays above 3%; Chile nationalises its lithium industry; eyes on commercial property valuations; UST 10yr 3.57%; gold and oil down; NZ$1 = 61.4 USc; TWI-5 = 69.1
A review of things you need to know before you sign off on Friday; many rate changes, sellers struggle with lower buyer sights, big reduction in mortgage demand, lower tractor sales, swaps slip, NZD softish, & more
21st Apr 23, 3:59pm
40
A review of things you need to know before you sign off on Friday; many rate changes, sellers struggle with lower buyer sights, big reduction in mortgage demand, lower tractor sales, swaps slip, NZD softish, & more
US data weak; Chinese foreign investment shudders to a halt; Taiwan export orders weak; EU sentiment up; German PPI drops; UST 10yr 3.55%; gold up and oil down; NZ$1 = 61.9 USc; TWI-5 = 69.5
21st Apr 23, 7:22am
90
US data weak; Chinese foreign investment shudders to a halt; Taiwan export orders weak; EU sentiment up; German PPI drops; UST 10yr 3.55%; gold up and oil down; NZ$1 = 61.9 USc; TWI-5 = 69.5
A review of things you need to know before you sign off on Thursday; inflation cools sort of, realtor commission income sinks, NZGBs popular, inflation compounds house price falls, swaps lower, NZD lower, & more
20th Apr 23, 3:59pm
51
A review of things you need to know before you sign off on Thursday; inflation cools sort of, realtor commission income sinks, NZGBs popular, inflation compounds house price falls, swaps lower, NZD lower, & more
US economy chugs along ok; big strike in Canada starts; China's EVs can't meet EU carbon standards; eyes on NZ CPI; UST 10yr 3.60%; gold and oil down; NZ$1 = 62.1 USc; TWI-5 = 69.9
20th Apr 23, 7:21am
86
US economy chugs along ok; big strike in Canada starts; China's EVs can't meet EU carbon standards; eyes on NZ CPI; UST 10yr 3.60%; gold and oil down; NZ$1 = 62.1 USc; TWI-5 = 69.9
A review of things you need to know before you sign off on Wednesday; Many retail rate changes, dairy prices rise, Nats roll out rural policy, IAG mum about Gabrielle hit, swaps higher, NZD holds, & more
19th Apr 23, 3:59pm
47
A review of things you need to know before you sign off on Wednesday; Many retail rate changes, dairy prices rise, Nats roll out rural policy, IAG mum about Gabrielle hit, swaps higher, NZD holds, & more
[updated]
ASB makes home loan and term deposit changes, but leaves its floating mortgage rate unchanged. The timid changes reflect a timid housing loan market
19th Apr 23, 9:34am
4
ASB makes home loan and term deposit changes, but leaves its floating mortgage rate unchanged. The timid changes reflect a timid housing loan market
Dairy prices rise; US retail weak but worker earnings outpace inflation; China's GDP growth rises; German sentiment still positive; Aussies go after cheating landlords; UST 10yr 3.58%; gold and oil little-changed; NZ$1 = 62.1USc; TWI-5 = 69.7
19th Apr 23, 7:19am
55
Dairy prices rise; US retail weak but worker earnings outpace inflation; China's GDP growth rises; German sentiment still positive; Aussies go after cheating landlords; UST 10yr 3.58%; gold and oil little-changed; NZ$1 = 62.1USc; TWI-5 = 69.7
A review of things you need to know before you sign off on Tuesday; house prices slide, big new housing project approved, dairy auction awaited nervously, lower settlement balances, swaps up, NZD holds soft, & more
18th Apr 23, 3:59pm
82
A review of things you need to know before you sign off on Tuesday; house prices slide, big new housing project approved, dairy auction awaited nervously, lower settlement balances, swaps up, NZD holds soft, & more
US data surprises with improvements but major risks remain; IMF sees China, India and the US supplying half of global growth; Singapore does its own pro-growth thing; UST 10yr 3.59%; gold and oil lower; NZ$1 = 61.7 USc; TWI-5 = 69.5
18th Apr 23, 7:20am
63
US data surprises with improvements but major risks remain; IMF sees China, India and the US supplying half of global growth; Singapore does its own pro-growth thing; UST 10yr 3.59%; gold and oil lower; NZ$1 = 61.7 USc; TWI-5 = 69.5
A review of things you need to know before you sign off on Monday; no significant rate changes, food prices jump, rents up too, service sector expands except retail, swaps firm, NZD stable, & more
17th Apr 23, 3:59pm
48
A review of things you need to know before you sign off on Monday; no significant rate changes, food prices jump, rents up too, service sector expands except retail, swaps firm, NZD stable, & more