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
US, China and India report strong service sector expansions; Fed and ECB say higher rates needed; EU PPI falls; Aussie home lending weak; UST 10yr 3.97%; gold and oil up; NZ$1 = 62.1 USc; TWI-5 = 70.4
4th Mar 23, 8:37am
47
US, China and India report strong service sector expansions; Fed and ECB say higher rates needed; EU PPI falls; Aussie home lending weak; UST 10yr 3.97%; gold and oil up; NZ$1 = 62.1 USc; TWI-5 = 70.4
A review of things you need to know before you sign off on Friday; few minor retail rate changes, lifestyle block market sinks, prepare for a long retirement, swaps stable, NZD unchanged, & more
3rd Mar 23, 3:59pm
107
A review of things you need to know before you sign off on Friday; few minor retail rate changes, lifestyle block market sinks, prepare for a long retirement, swaps stable, NZD unchanged, & more
US labour markets still showing its strength; Hong Kong retail rebounds; EU inflation stays high; Aussie building consents slump; freight rates down again; UST 10yr 4.08%; gold down and oil up; NZ$1 = 62.1 USc; TWI-5 = 70.6
3rd Mar 23, 7:26am
61
US labour markets still showing its strength; Hong Kong retail rebounds; EU inflation stays high; Aussie building consents slump; freight rates down again; UST 10yr 4.08%; gold down and oil up; NZ$1 = 62.1 USc; TWI-5 = 70.6
[updated]
A review of things you need to know before you sign off on Thursday; still no main bank rate moves, realtors in deep valley, terms of trade improve, bond yields rise, swaps firm, NZD firm, & more
2nd Mar 23, 3:59pm
54
A review of things you need to know before you sign off on Thursday; still no main bank rate moves, realtors in deep valley, terms of trade improve, bond yields rise, swaps firm, NZD firm, & more
China's PMIs turn very positive; global factories back in expansion mode; US data contracting; price pressure still high in Germany, Australia; UST 10yr 3.99%; gold firm and oil unchanged; NZ$1 = 62.6 USc; TWI-5 = 70.8
2nd Mar 23, 7:22am
34
China's PMIs turn very positive; global factories back in expansion mode; US data contracting; price pressure still high in Germany, Australia; UST 10yr 3.99%; gold firm and oil unchanged; NZ$1 = 62.6 USc; TWI-5 = 70.8
A review of things you need to know before you sign off on Wednesday; the first floating rate increases appear, house values shrink, consents down, car sales weak, KiwiSaver returns negative, swaps hold, NZD firm, & more
1st Mar 23, 3:59pm
54
A review of things you need to know before you sign off on Wednesday; the first floating rate increases appear, house values shrink, consents down, car sales weak, KiwiSaver returns negative, swaps hold, NZD firm, & more
US data uninspiring; Canada Q4 GDP stalls; India Q4 GDP less than expected; Japan retail strong, factories weak; Aussie immigration surge noticed; UST 10yr 3.93%; gold and oil firm; NZ$1 = 61.6 USc; TWI-5 = 70.3
1st Mar 23, 7:19am
15
US data uninspiring; Canada Q4 GDP stalls; India Q4 GDP less than expected; Japan retail strong, factories weak; Aussie immigration surge noticed; UST 10yr 3.93%; gold and oil firm; NZ$1 = 61.6 USc; TWI-5 = 70.3
A review of things you need to know before you sign off on Tuesday; still no mortgage rate hikes from the big banks, business sentiment subdued, the forestry ETS problem, the home loan pain cliff, swaps high, NZD stable, & more
28th Feb 23, 3:59pm
66
A review of things you need to know before you sign off on Tuesday; still no mortgage rate hikes from the big banks, business sentiment subdued, the forestry ETS problem, the home loan pain cliff, swaps high, NZD stable, & more
US durable goods orders soft on aircraft dip; US pending home sales rise unexpectedly; Hong Kong exports slump; EU-UK update deal on NI; UST 10yr 3.92%; gold firm and oil little-changed; NZ$1 = 61.6 USc; TWI-5 = 70
28th Feb 23, 7:19am
75
US durable goods orders soft on aircraft dip; US pending home sales rise unexpectedly; Hong Kong exports slump; EU-UK update deal on NI; UST 10yr 3.92%; gold firm and oil little-changed; NZ$1 = 61.6 USc; TWI-5 = 70
A review of things you need to know before you sign off on Monday; TD rates start to move, retail sales volumes fall, corporates chase more bond funding, auctions slow, swaps firm, NZD stable, & more
27th Feb 23, 3:59pm
62
A review of things you need to know before you sign off on Monday; TD rates start to move, retail sales volumes fall, corporates chase more bond funding, auctions slow, swaps firm, NZD stable, & more
China changing central bank boss; Japan inflation rises; American inflation stays high; US sentiment improves; Buffett wants you to ignore his big investment losses; UST 10yr 3.95%; gold weak and oil little-changed; NZ$1 = 61.6 USc; TWI-5 = 70.2
27th Feb 23, 7:19am
22
China changing central bank boss; Japan inflation rises; American inflation stays high; US sentiment improves; Buffett wants you to ignore his big investment losses; UST 10yr 3.95%; gold weak and oil little-changed; NZ$1 = 61.6 USc; TWI-5 = 70.2
Days have passed since the last +50 bps RBNZ rate hike, but no banks have changed retail rates yet, for either home loans or term deposits. And this is despite Adrian Orr calling out the banks over low rates for savers
25th Feb 23, 9:04am
17
Days have passed since the last +50 bps RBNZ rate hike, but no banks have changed retail rates yet, for either home loans or term deposits. And this is despite Adrian Orr calling out the banks over low rates for savers
US inflation resists the Fed; US new home sales rise and sentiment improves; Japanese inflation rises; Singapore suffers; China dumps central bank boss; UST 10yr 3.95%; gold weak and oil firm; NZ$1 = 61.6 USc; TWI-5 = 70.1
25th Feb 23, 8:40am
42
US inflation resists the Fed; US new home sales rise and sentiment improves; Japanese inflation rises; Singapore suffers; China dumps central bank boss; UST 10yr 3.95%; gold weak and oil firm; NZ$1 = 61.6 USc; TWI-5 = 70.1
[updated]
A review of things you need to know before you sign off on Friday; some juicy call rates, a new recovery visa, lower milk payout price, mortgage commitment slump, swaps stable, NZD stable, & more
24th Feb 23, 3:59pm
70
A review of things you need to know before you sign off on Friday; some juicy call rates, a new recovery visa, lower milk payout price, mortgage commitment slump, swaps stable, NZD stable, & more
US data resilient; Taiwan data weak; mad-cow confirmed in Brazil; Aussie migration boom underway; global trade contracts; UST 10yr 3.91%; gold down and oil holds; NZ$1 = 62.1 USc; TWI-5 = 70.3
24th Feb 23, 7:21am
76
US data resilient; Taiwan data weak; mad-cow confirmed in Brazil; Aussie migration boom underway; global trade contracts; UST 10yr 3.91%; gold down and oil holds; NZ$1 = 62.1 USc; TWI-5 = 70.3
A review of things you need to know before you sign off on Thursday; only minor retail rate changes today; a short forestry Inquiry, NZGB yields jump, swaps jump, NZD essentially unchanged, & more
23rd Feb 23, 3:59pm
95
A review of things you need to know before you sign off on Thursday; only minor retail rate changes today; a short forestry Inquiry, NZGB yields jump, swaps jump, NZD essentially unchanged, & more
US mortgage applications retreat, retail sales rise; Brazil on mad-cow watch; German sentiment up; Aussie wages up half their inflation rate; UST 10yr 3.90%; gold and oil lower; NZ$1 = 62.3 USc; TWI-5 = 70.4
23rd Feb 23, 7:21am
59
US mortgage applications retreat, retail sales rise; Brazil on mad-cow watch; German sentiment up; Aussie wages up half their inflation rate; UST 10yr 3.90%; gold and oil lower; NZ$1 = 62.3 USc; TWI-5 = 70.4
A review of things you need to know before you sign off on Wednesday; RBNZ raises by another +50 bps, imports surge, SMEs struggle, ESG 'a scam', swaps rise, NZD holds, & more
22nd Feb 23, 3:59pm
60
A review of things you need to know before you sign off on Wednesday; RBNZ raises by another +50 bps, imports surge, SMEs struggle, ESG 'a scam', swaps rise, NZD holds, & more
Dairy prices lower; US services sector expanding again; Canada inflation lower; German sentiment improves; RBA minutes show no hesitation; UST 10yr 3.94%; gold down and oil unchanged; NZ$1 = 62.2 USc; TWI-5 = 69.9
22nd Feb 23, 7:37am
126
Dairy prices lower; US services sector expanding again; Canada inflation lower; German sentiment improves; RBA minutes show no hesitation; UST 10yr 3.94%; gold down and oil unchanged; NZ$1 = 62.2 USc; TWI-5 = 69.9
Bonus saver interest rates have risen to their highest in eight years. But inflation has overwhelmed them. Savers will be in a tough spot until the battle against inflation is won
18th Feb 23, 9:00am
20
Bonus saver interest rates have risen to their highest in eight years. But inflation has overwhelmed them. Savers will be in a tough spot until the battle against inflation is won
Doubts about US leading index signals; Canadian PPI eases; Singapore's exports shrink; German PPI still high; commodity prices weaker; UST 10yr 3.83%; gold unchanged and oil lower; NZ$1 = 62.4 USc; TWI-5 = 70.2
18th Feb 23, 8:35am
46
Doubts about US leading index signals; Canadian PPI eases; Singapore's exports shrink; German PPI still high; commodity prices weaker; UST 10yr 3.83%; gold unchanged and oil lower; NZ$1 = 62.4 USc; TWI-5 = 70.2
A review of things you need to know before you sign off on Friday; storm cost impacts grow, households confident inflation battle will be won, new clauses to be inserted into contracts, swaps firm, NZD soft, & more
17th Feb 23, 3:59pm
33
A review of things you need to know before you sign off on Friday; storm cost impacts grow, households confident inflation battle will be won, new clauses to be inserted into contracts, swaps firm, NZD soft, & more
American PPI stays high & sticky; China housing retreats again; Aussie inflation expectations stay up; Aussie jobs market retreats; freight costs fall; UST 10yr 3.84%; gold and oil up; NZ$1 = 62.8 USc; TWI-5 = 70.5
17th Feb 23, 7:19am
79
American PPI stays high & sticky; China housing retreats again; Aussie inflation expectations stay up; Aussie jobs market retreats; freight costs fall; UST 10yr 3.84%; gold and oil up; NZ$1 = 62.8 USc; TWI-5 = 70.5
A review of things you need to know before you sign off on Thursday; more TD rate rises, Crown Accounts reveal strong labour market, tourism recovers, swaps stay up, NZD retreats, & more
16th Feb 23, 3:59pm
49
A review of things you need to know before you sign off on Thursday; more TD rate rises, Crown Accounts reveal strong labour market, tourism recovers, swaps stay up, NZD retreats, & more
American retail sales shine, as does business investment; Canada housing struggles; Beijing tackles sagging demand; India exports dip; Lowe stands up to political heat; UST 10yr 3.75%; gold and oil down; NZ$1 = 62.8 USc; TWI-5 = 70.5
16th Feb 23, 7:20am
94
American retail sales shine, as does business investment; Canada housing struggles; Beijing tackles sagging demand; India exports dip; Lowe stands up to political heat; UST 10yr 3.75%; gold and oil down; NZ$1 = 62.8 USc; TWI-5 = 70.5