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 Tuesday; a few retail rate rises, housing values decline further, life insurance passes stress tests, swaps up, NZD unchanged, & more
8th Aug 23, 3:59pm
45
A review of things you need to know before you sign off on Tuesday; a few retail rate rises, housing values decline further, life insurance passes stress tests, swaps up, NZD unchanged, & more
Wall Street positive earnings surprises spread; eyes on US CPI, China muzzles downbeat analysts; air cargo demand softens; UST 10yr 4.08%; gold and oil lower; NZ$1 = 61 USc; TWI-5 = 69.5
8th Aug 23, 7:20am
46
Wall Street positive earnings surprises spread; eyes on US CPI, China muzzles downbeat analysts; air cargo demand softens; UST 10yr 4.08%; gold and oil lower; NZ$1 = 61 USc; TWI-5 = 69.5
[updated]
A review of things you need to know before you sign off on Monday; rush of new homes available; tackling card surcharges, supermarket costs still up sharply, pockets of debt jump, swaps & NZD flat, & more
7th Aug 23, 3:59pm
61
A review of things you need to know before you sign off on Monday; rush of new homes available; tackling card surcharges, supermarket costs still up sharply, pockets of debt jump, swaps & NZD flat, & more
China backs off its tough trade stance with Australia; ACCC knocks back ANZ; RBA cuts expected Aussie growth; US jobs growth slows; Singapore retail sales fall; UST 10yr 4.04%; gold and oil up; NZ$1 = 61.1 USc; TWI-5 = 69.4
7th Aug 23, 7:19am
39
China backs off its tough trade stance with Australia; ACCC knocks back ANZ; RBA cuts expected Aussie growth; US jobs growth slows; Singapore retail sales fall; UST 10yr 4.04%; gold and oil up; NZ$1 = 61.1 USc; TWI-5 = 69.4
US labour market growth slows in an orderly way; Canada jobs shrink; China drops barley tariffs on Australia; German factory orders rise sharply; RBA cuts growth view; UST 10yr 4.04%; gold and oil up; NZ$1 = 61.1 USc; TWI-5 = 69.4
5th Aug 23, 8:38am
50
US labour market growth slows in an orderly way; Canada jobs shrink; China drops barley tariffs on Australia; German factory orders rise sharply; RBA cuts growth view; UST 10yr 4.04%; gold and oil up; NZ$1 = 61.1 USc; TWI-5 = 69.4
A review of things you need to know before you sign off on Friday; no retail rate changes, Barfoot volumes hold low, prices fall, building cost pressure eases, dairy payout slashed, ANZ rejected, swaps and NZD stable, & more
4th Aug 23, 3:59pm
64
A review of things you need to know before you sign off on Friday; no retail rate changes, Barfoot volumes hold low, prices fall, building cost pressure eases, dairy payout slashed, ANZ rejected, swaps and NZD stable, & more
[updated]
Fonterra cuts its new season payout forecast sharply, down -$1/kgMS from a midpoint of $8.00/kgMS to $7.00/kg/MS
4th Aug 23, 8:52am
44
Fonterra cuts its new season payout forecast sharply, down -$1/kgMS from a midpoint of $8.00/kgMS to $7.00/kg/MS
Eyes on US labour market; US services in modest expansion; ditto China; Indian expansion strong; global container freight rates jump sharply; UST 10yr 4.20%; gold down and oil up; NZ$1 = 60.8 USc; TWI-5 = 69.4
4th Aug 23, 7:25am
26
Eyes on US labour market; US services in modest expansion; ditto China; Indian expansion strong; global container freight rates jump sharply; UST 10yr 4.20%; gold down and oil up; NZ$1 = 60.8 USc; TWI-5 = 69.4
A review of things you need to know before you sign off on Thursday; commodity prices under pressure, businesses seek for loans, NZGBs still popular, swaps firm, NZD weak, & more
3rd Aug 23, 3:59pm
67
A review of things you need to know before you sign off on Thursday; commodity prices under pressure, businesses seek for loans, NZGBs still popular, swaps firm, NZD weak, & more
US labour market indications upbeat; US vehicle sales rise but mortgage applications fall; Fitch downgrades the US; China releases more support measures; UST 10yr 4.07%; gold and oil down; NZ$1 = 60.9 USc; TWI-5 = 69.5
3rd Aug 23, 7:19am
73
US labour market indications upbeat; US vehicle sales rise but mortgage applications fall; Fitch downgrades the US; China releases more support measures; UST 10yr 4.07%; gold and oil down; NZ$1 = 60.9 USc; TWI-5 = 69.5
A review of things you need to know before you sign off on Wednesday; BNZ raises floating mortgage rate, employment rises sharply, car sales drop, dairy prices drop, retail sales still tough, swaps firm, NZD soft, & more
2nd Aug 23, 3:59pm
65
A review of things you need to know before you sign off on Wednesday; BNZ raises floating mortgage rate, employment rises sharply, car sales drop, dairy prices drop, retail sales still tough, swaps firm, NZD soft, & more
BNZ raises its floating mortgage rate in an out-of-cycle shift, as wholesale rates track marginally higher even though the RBNZ hasn't shifted the OCR
2nd Aug 23, 10:25am
18
BNZ raises its floating mortgage rate in an out-of-cycle shift, as wholesale rates track marginally higher even though the RBNZ hasn't shifted the OCR
Dairy prices drop; US factory PMIs contract; China's factories contract; RBA leaves rate unchanged; eyes on NZ jobless rate; UST 10yr 4.05%; gold down and oil stable; NZ$1 = 61.3 USc; TWI-5 = 69.8
2nd Aug 23, 7:19am
35
Dairy prices drop; US factory PMIs contract; China's factories contract; RBA leaves rate unchanged; eyes on NZ jobless rate; UST 10yr 4.05%; gold down and oil stable; NZ$1 = 61.3 USc; TWI-5 = 69.8
A review of things you need to know before you sign off on Tuesday; housing data weak, Kiwibank gets a capital injection, jump in non-performing mortgages, swaps firm, NZD up, & more
1st Aug 23, 3:59pm
36
A review of things you need to know before you sign off on Tuesday; housing data weak, Kiwibank gets a capital injection, jump in non-performing mortgages, swaps firm, NZD up, & more
US factory sentiment stays down; Japan consumer sentiment up; Beijing declines sharp new stimulus; Singapore sentiment improves; Aussie house price growth cools; UST 10yr 3.96%; gold and oil up; NZ$1 = 62.2 USc; TWI-5 = 70.2
1st Aug 23, 7:22am
30
US factory sentiment stays down; Japan consumer sentiment up; Beijing declines sharp new stimulus; Singapore sentiment improves; Aussie house price growth cools; UST 10yr 3.96%; gold and oil up; NZ$1 = 62.2 USc; TWI-5 = 70.2
A review of things you need to know before you sign off on Monday; business sentiments lifts slightly, ComCom active, lending picks up, savers chase higher interest rates, swaps soft, NZD stable, & more
31st Jul 23, 3:59pm
36
A review of things you need to know before you sign off on Monday; business sentiments lifts slightly, ComCom active, lending picks up, savers chase higher interest rates, swaps soft, NZD stable, & more
Eyes on China stimulus; China mortgages shrink; Taiwan expands faster; BoJ tweaks; US PCE inflation eases, personal incomes rise faster than spending; Aussie retail in funk; UST 10yr 3.96%; gold dips and oil up; NZ$1 = 61.6 USc; TWI-5 = 69.7
31st Jul 23, 7:19am
93
Eyes on China stimulus; China mortgages shrink; Taiwan expands faster; BoJ tweaks; US PCE inflation eases, personal incomes rise faster than spending; Aussie retail in funk; UST 10yr 3.96%; gold dips and oil up; NZ$1 = 61.6 USc; TWI-5 = 69.7
US income and spending data in a virtuous zone; Japan starts transition out of ultra-loose monetary policy; China trapped; EU in a tough spot; RBA faces dilemma; UST 10yr 3.96%; gold and oil up; NZ$1 = 61.5 USc; TWI-5 = 69.7
29th Jul 23, 8:28am
32
US income and spending data in a virtuous zone; Japan starts transition out of ultra-loose monetary policy; China trapped; EU in a tough spot; RBA faces dilemma; UST 10yr 3.96%; gold and oil up; NZ$1 = 61.5 USc; TWI-5 = 69.7
[updated]
A review of things you need to know before you sign off on Friday; FHBs active with high LVR borrowing, consumer sentiment dips, filled jobs rise, swaps up, NZD down, & more
28th Jul 23, 3:59pm
42
A review of things you need to know before you sign off on Friday; FHBs active with high LVR borrowing, consumer sentiment dips, filled jobs rise, swaps up, NZD down, & more
US data releases impress; US regulators move to force banks to hold more capital; eyes on BoJ policy tweaks; China profits weak; Taiwan sentiment rises; ECB hikes; UST 10yr 4.01%; gold down and oil firms; NZ$1 = 62 USc; TWI-5 = 69.9
28th Jul 23, 7:19am
89
US data releases impress; US regulators move to force banks to hold more capital; eyes on BoJ policy tweaks; China profits weak; Taiwan sentiment rises; ECB hikes; UST 10yr 4.01%; gold down and oil firms; NZ$1 = 62 USc; TWI-5 = 69.9
A review of things you need to know before you sign off on Thursday; TD rates rise, household inflation higher, NZGBs very popular, swaps on hold, NZD rises, & more
27th Jul 23, 3:59pm
64
A review of things you need to know before you sign off on Thursday; TD rates rise, household inflation higher, NZGBs very popular, swaps on hold, NZD rises, & more
[updated]
Higher interest rate offers are motivating savers into term deposits at a faster rate. And the trend may speed up if the big banks crack the 6% mark
27th Jul 23, 1:48pm
90
Higher interest rate offers are motivating savers into term deposits at a faster rate. And the trend may speed up if the big banks crack the 6% mark
The US Fed raised its rates again, now a 22 year high; Singapore industrial production rises; EU bank lending soft; Aussie inflation eases only marginally; UST 10yr 3.85%; gold up and oil down; NZ$1 = 62.2 USc; TWI-5 = 69.9
27th Jul 23, 7:20am
107
The US Fed raised its rates again, now a 22 year high; Singapore industrial production rises; EU bank lending soft; Aussie inflation eases only marginally; UST 10yr 3.85%; gold up and oil down; NZ$1 = 62.2 USc; TWI-5 = 69.9
[updated]
A review of things you need to know before you sign off on Wednesday; no retail rate changes but a flurry of other news including LGFA's first overseas borrowing, interest paid on mortgages up +48%, swaps and NZD stable, & very much more
26th Jul 23, 3:59pm
58
A review of things you need to know before you sign off on Wednesday; no retail rate changes but a flurry of other news including LGFA's first overseas borrowing, interest paid on mortgages up +48%, swaps and NZD stable, & very much more
IMF upgrades all majors except China; US sentiment improves; Beijing changes leadership but makes no bit stimulus announcements; UST 10yr 3.91%; gold and oil up; NZ$1 = 62.2 USc; TWI-5 = 69.9
26th Jul 23, 7:18am
87
IMF upgrades all majors except China; US sentiment improves; Beijing changes leadership but makes no bit stimulus announcements; UST 10yr 3.91%; gold and oil up; NZ$1 = 62.2 USc; TWI-5 = 69.9