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 Friday; consumer sentiment less negative, commercial lease pressure eases, Modi coming, bond spreads ease, swaps hold, NZD firms, NZD firm, & more
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A review of things you need to know before you sign off on Friday; consumer sentiment less negative, commercial lease pressure eases, Modi coming, bond spreads ease, swaps hold, NZD firms, NZD firm, & more
US jobs report weak; US factory orders also weak, worse after adjusting for PPI; China carmakers in profit crisis; Australia reports rare trade deficit; UST 10yr at 4.48%; gold firm and oil stable; NZ$1 = 56.9 USc; TWI-5 = 60.8
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US jobs report weak; US factory orders also weak, worse after adjusting for PPI; China carmakers in profit crisis; Australia reports rare trade deficit; UST 10yr at 4.48%; gold firm and oil stable; NZ$1 = 56.9 USc; TWI-5 = 60.8
A review of things you need to know before you sign off on Thursday; Auckland house sales volume up, prices down, ditto nationally, Crown accounts give dour signals, worker share slips, swaps hold, NZD firmish, & more
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A review of things you need to know before you sign off on Thursday; Auckland house sales volume up, prices down, ditto nationally, Crown accounts give dour signals, worker share slips, swaps hold, NZD firmish, & more
Eyes on US non-farm payrolls; US crude stocks fall again, reserves at 43 year low; USMCA not renewed; China PMI rises; Korean exports star; UST 10yr at 4.48%; gold firm and oil down even as Hormuz quiet; NZ$1 = 56.8 USc; TWI-5 = 60.7
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Eyes on US non-farm payrolls; US crude stocks fall again, reserves at 43 year low; USMCA not renewed; China PMI rises; Korean exports star; UST 10yr at 4.48%; gold firm and oil down even as Hormuz quiet; NZ$1 = 56.8 USc; TWI-5 = 60.7
[updated]
A review of things you need to know before you sign off on Wednesday; ASB changes rates, asking prices slip, dairy prices retreat, 3 old into 1 new, car sales rise in EV surge, swaps stable, NZX stable, NZD rises, & more
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A review of things you need to know before you sign off on Wednesday; ASB changes rates, asking prices slip, dairy prices retreat, 3 old into 1 new, car sales rise in EV surge, swaps stable, NZX stable, NZD rises, & more
Banks go into defensive mode on home loan rate offers as the winter season wraps around the housing market. Borrowers will have to sit tight and just take these levels, but those who can wait for spring will be hoping for more competitive offers then
Banks go into defensive mode on home loan rate offers as the winter season wraps around the housing market. Borrowers will have to sit tight and just take these levels, but those who can wait for spring will be hoping for more competitive offers then
US data mixed; Canada grows; China marks time; German inflation eases; eyes on yen; Rocket Lab expands; air cargo activity declines; UST 10yr at 4.43%; gold holds and oil down even as Hormuz quiet; NZ$1 = 56.8 USc; TWI-5 = 60.6
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US data mixed; Canada grows; China marks time; German inflation eases; eyes on yen; Rocket Lab expands; air cargo activity declines; UST 10yr at 4.43%; gold holds and oil down even as Hormuz quiet; NZ$1 = 56.8 USc; TWI-5 = 60.6
A review of things you need to know before you sign off on Tuesday; Kiwibank changes mortgage rates up & down, business confidence improves, ComCom eyes payments concentration, savers shift from savings a/cs to TDs, swaps & NZD little-changed, & more
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A review of things you need to know before you sign off on Tuesday; Kiwibank changes mortgage rates up & down, business confidence improves, ComCom eyes payments concentration, savers shift from savings a/cs to TDs, swaps & NZD little-changed, & more
Japanese retail rises; South Korea all in on AI chipmaking; Singapore & Malaysia struggle with producer prices; global rural outlook looks good; air cargo activity expands; UST 10yr at 4.37%; gold dips and oil up; NZ$1 = 56.5 USc; TWI-5 = 60.4
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Japanese retail rises; South Korea all in on AI chipmaking; Singapore & Malaysia struggle with producer prices; global rural outlook looks good; air cargo activity expands; UST 10yr at 4.37%; gold dips and oil up; NZ$1 = 56.5 USc; TWI-5 = 60.4
Kiwibank shifts its rate card mostly lower with its two year fixed home loan rate now among the lowest of the big banks, even if the other terms aren't quite as competitive
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Kiwibank shifts its rate card mostly lower with its two year fixed home loan rate now among the lowest of the big banks, even if the other terms aren't quite as competitive
A review of things you need to know before you sign off on Monday; TD rates both up and down, building cost pressures ease, where the new jobs are & aren't, NZGB bond activity stays very high, swaps and NZD stable, & more
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A review of things you need to know before you sign off on Monday; TD rates both up and down, building cost pressures ease, where the new jobs are & aren't, NZGB bond activity stays very high, swaps and NZD stable, & more
Long term data tracking shifting mortgage market shares shows why borrowers should expect to move their loan between banks on a regular basis
Long term data tracking shifting mortgage market shares shows why borrowers should expect to move their loan between banks on a regular basis
Tensions turn up in Persian Gulf; China industry profits rise; EU inflation expectations ease; BIS worried; US trade deficit swells; Aussie housing market cools; UST 10yr at 4.37%; gold up and oil firmish; NZ$1 = 56.4 USc; TWI-5 = 60.3
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Tensions turn up in Persian Gulf; China industry profits rise; EU inflation expectations ease; BIS worried; US trade deficit swells; Aussie housing market cools; UST 10yr at 4.37%; gold up and oil firmish; NZ$1 = 56.4 USc; TWI-5 = 60.3
US data softens broadly; US tries to help Big Tech from paying taxes in any country; SpaceX delivers losses to investors; 'excessive pricing' tackled; UST 10yr at 4.37%; gold up and oil eases; NZ$1 = 56.4 USc; TWI-5 = 60.3
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US data softens broadly; US tries to help Big Tech from paying taxes in any country; SpaceX delivers losses to investors; 'excessive pricing' tackled; UST 10yr at 4.37%; gold up and oil eases; NZ$1 = 56.4 USc; TWI-5 = 60.3
A review of things you need to know before you sign off on Friday; retail rates settle, eyes turn to next OCR review, wool prices higher, Aussies get teeth for supermarket pricing reviews, swaps stable, NZD ends low & stable, & more
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A review of things you need to know before you sign off on Friday; retail rates settle, eyes turn to next OCR review, wool prices higher, Aussies get teeth for supermarket pricing reviews, swaps stable, NZD ends low & stable, & more
US inflation rises as activity weakens, firms start to 'recover' AI costs, although there are some positive spots; container freight rates rise; UST 10yr at 4.39%; gold up and oil rises after ship attack; NZ$1 = 56.5 USc; TWI-5 = 60.4
1
US inflation rises as activity weakens, firms start to 'recover' AI costs, although there are some positive spots; container freight rates rise; UST 10yr at 4.39%; gold up and oil rises after ship attack; NZ$1 = 56.5 USc; TWI-5 = 60.4
A review of things you need to know before you sign off on Thursday; a few more retail rate cuts, fewer OCR hikes expected, Aussie payrolls rise but for part-timers, swaps lower, NZX firmer, NZD softish, & more
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A review of things you need to know before you sign off on Thursday; a few more retail rate cuts, fewer OCR hikes expected, Aussie payrolls rise but for part-timers, swaps lower, NZX firmer, NZD softish, & more
The opening of Hormuz expected to create new distortions; US data soft; Taiwan data strong; China harvests swell; Aussie inflation stays high; UST 10yr at 4.40%; gold and oil drop hard; NZ$1 = 56.4 USc; TWI-5 = 60.4
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The opening of Hormuz expected to create new distortions; US data soft; Taiwan data strong; China harvests swell; Aussie inflation stays high; UST 10yr at 4.40%; gold and oil drop hard; NZ$1 = 56.4 USc; TWI-5 = 60.4
A review of things you need to know before you sign off on Wednesday; BNZ moves mortgage rates up & down, FHB's tap KiwiSaver harder, less reno work being done, swaps soft, NZX stable, NZD lower, & more
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A review of things you need to know before you sign off on Wednesday; BNZ moves mortgage rates up & down, FHB's tap KiwiSaver harder, less reno work being done, swaps soft, NZX stable, NZD lower, & more
Even though there have only been sporadic term deposit rate changes over the past month, the slow but steady shifts have opened up interesting variations between financial institutions
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Even though there have only been sporadic term deposit rate changes over the past month, the slow but steady shifts have opened up interesting variations between financial institutions
More banks jockey for position on home loan rate levels, with BNZ now shifting rates both ways; up for shorter fixed terms, down for longer fixed terms
More banks jockey for position on home loan rate levels, with BNZ now shifting rates both ways; up for shorter fixed terms, down for longer fixed terms
US data mixed but markets fear rate hikes coming; Asian data very good; Australia sees rural exports declining as costs twist commercial decisions; UST 10yr at 4.46%; gold down and oil dips; NZ$1 = 56.7 USc; TWI-5 = 60.6
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US data mixed but markets fear rate hikes coming; Asian data very good; Australia sees rural exports declining as costs twist commercial decisions; UST 10yr at 4.46%; gold down and oil dips; NZ$1 = 56.7 USc; TWI-5 = 60.6
Our largest mortgage lender reverses its early June home loan rate hikes - and cuts a wider range of term deposit rates at the same time
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Our largest mortgage lender reverses its early June home loan rate hikes - and cuts a wider range of term deposit rates at the same time
A review of things you need to know before you sign off on Tuesday; no retail rate changes, labour confidence knocked, extracting value by keeping native forest, swaps stable, NZX firmish, NZD much lower, & more
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A review of things you need to know before you sign off on Tuesday; no retail rate changes, labour confidence knocked, extracting value by keeping native forest, swaps stable, NZX firmish, NZD much lower, & more
US explores stablecoin dominance; Greenspan dies; China FDI weakens again; EU sentiment picks up; Australian housing markets ease and voters approve; UST 10yr at 4.51%; gold firms and oil falls; NZ$1 = 57.1 USc; TWI-5 = 60.9
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US explores stablecoin dominance; Greenspan dies; China FDI weakens again; EU sentiment picks up; Australian housing markets ease and voters approve; UST 10yr at 4.51%; gold firms and oil falls; NZ$1 = 57.1 USc; TWI-5 = 60.9