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
China retaliates, compounding the US tariff mistake; reactions are fierce everywhere; the world faces severe stagflation and markets are pricing that in; UST 10yr at 3.99%; gold and oil drop hard; NZ$1 = 55.6 USc; TWI = 65.6
5th Apr 25, 8:09am
108
China retaliates, compounding the US tariff mistake; reactions are fierce everywhere; the world faces severe stagflation and markets are pricing that in; UST 10yr at 3.99%; gold and oil drop hard; NZ$1 = 55.6 USc; TWI = 65.6
A review of things you need to know before you sign off on Friday; buckle in as financial markets react to an Orange Swan (or goose?), swaps fall hard, NZD rises, housing completions rise in Auckland, IAG in court, & more
4th Apr 25, 3:59pm
20
A review of things you need to know before you sign off on Friday; buckle in as financial markets react to an Orange Swan (or goose?), swaps fall hard, NZD rises, housing completions rise in Auckland, IAG in court, & more
Financial markets dump on Trump's tariffs; Canada retaliates; US jobs data wavers; China services rise; Aussie job vacancies fall; UST 10yr at 4.04%; gold and drop; NZ$1 = 58.1 USc; TWI = 67
4th Apr 25, 7:20am
26
Financial markets dump on Trump's tariffs; Canada retaliates; US jobs data wavers; China services rise; Aussie job vacancies fall; UST 10yr at 4.04%; gold and drop; NZ$1 = 58.1 USc; TWI = 67
A review of things you need to know before you sign off on Thursday; markets hold their breath, early movers show fear, tax take eases, retail weak, 2degrees fined, commodity prices hold, swaps fall, NZD firms, & more
3rd Apr 25, 3:59pm
20
A review of things you need to know before you sign off on Thursday; markets hold their breath, early movers show fear, tax take eases, retail weak, 2degrees fined, commodity prices hold, swaps fall, NZD firms, & more
Ahead of tariffs & retaliation, US vehicle sales surge; other US data volatile; India PMI rises; ASEAN PMIs retail optimism; UST 10yr at 4.21%; gold rises and oil little-changed; NZ$1 = 57.3 USc; TWI = 66.8
3rd Apr 25, 7:19am
14
Ahead of tariffs & retaliation, US vehicle sales surge; other US data volatile; India PMI rises; ASEAN PMIs retail optimism; UST 10yr at 4.21%; gold rises and oil little-changed; NZ$1 = 57.3 USc; TWI = 66.8
A review of things you need to know before you sign off on Wednesday; a test rate moves down, Barfoots says market is turning up, dairy prices hold, building consents fall, markets await American tariff changes; swaps hold, NZD firms, & more
2nd Apr 25, 3:59pm
15
A review of things you need to know before you sign off on Wednesday; a test rate moves down, Barfoots says market is turning up, dairy prices hold, building consents fall, markets await American tariff changes; swaps hold, NZD firms, & more
Dairy prices hold better than expected; US data soft, mood darkens; China PMIs rise; Aussie retail weak; RBA holds; UST 10yr at 4.15%; gold dips slightly and oil unchanged; NZ$1 = 56.9 USc; TWI = 66.5
2nd Apr 25, 7:19am
13
Dairy prices hold better than expected; US data soft, mood darkens; China PMIs rise; Aussie retail weak; RBA holds; UST 10yr at 4.15%; gold dips slightly and oil unchanged; NZ$1 = 56.9 USc; TWI = 66.5
[updated]
A review of things you need to know before you sign off on Tuesday; Kiwibank & ANZ make retail rate changes, 'mountain' of houses for sale, a shift back to longer home loan fixed rates, new car sales weak, swaps hold, NZD drops, & more
1st Apr 25, 3:59pm
33
A review of things you need to know before you sign off on Tuesday; Kiwibank & ANZ make retail rate changes, 'mountain' of houses for sale, a shift back to longer home loan fixed rates, new car sales weak, swaps hold, NZD drops, & more
Expected tariff moves pressure everyone; Canada seeks an internal solution; India faces destabilising heat; Australia faces Chinese pressures; UST 10yr at 4.25%; gold at new record high and oil up; NZ$1 = 56.7 USc; TWI = 66.3
1st Apr 25, 7:19am
14
Expected tariff moves pressure everyone; Canada seeks an internal solution; India faces destabilising heat; Australia faces Chinese pressures; UST 10yr at 4.25%; gold at new record high and oil up; NZ$1 = 56.7 USc; TWI = 66.3
A review of things you need to know before you sign off on Monday; new loan option for seniors, another power price spike, AIA shamed, RBNZ to have capital rules reviewed, ASB rated 'positive', swaps stable, NZD stable, & more
31st Mar 25, 3:59pm
23
A review of things you need to know before you sign off on Monday; new loan option for seniors, another power price spike, AIA shamed, RBNZ to have capital rules reviewed, ASB rated 'positive', swaps stable, NZD stable, & more
Eyes on Wall Street; US data reveals consumer fears; Canada faces shrinkage; China punishes rumormongers; commodities under pressure; UST 10yr at 4.25%; gold up and oil unchanged; NZ$1 = 57.2 USc; TWI = 66.7
31st Mar 25, 7:19am
16
Eyes on Wall Street; US data reveals consumer fears; Canada faces shrinkage; China punishes rumormongers; commodities under pressure; UST 10yr at 4.25%; gold up and oil unchanged; NZ$1 = 57.2 USc; TWI = 66.7
[updated]
The home loan market is busy, very busy, as the short-term rollover activity rises. More borrowers are changing banks. But market growth is modest and banks themselves are holding their market share. Churn isn't moving the needle for borrowers
30th Mar 25, 12:42pm
2
The home loan market is busy, very busy, as the short-term rollover activity rises. More borrowers are changing banks. But market growth is modest and banks themselves are holding their market share. Churn isn't moving the needle for borrowers
Wall Street retreats sharply as US data worse than expected; Canadian growth evaporates; Aussie sledge-a-thon starts; key investors cashing up; UST 10yr at 4.25%; gold up and oil unchanged; NZ$1 = 57.2 USc; TWI = 66.7
29th Mar 25, 8:05am
16
Wall Street retreats sharply as US data worse than expected; Canadian growth evaporates; Aussie sledge-a-thon starts; key investors cashing up; UST 10yr at 4.25%; gold up and oil unchanged; NZ$1 = 57.2 USc; TWI = 66.7
A review of things you need to know before you sign off on Friday; little retail rate activity, FHBs restrained, consumers don't see recovery, neither does labour market, NZ mapped in 3D, gold at record high, swaps stable, NZD soft, & more
28th Mar 25, 3:59pm
17
A review of things you need to know before you sign off on Friday; little retail rate activity, FHBs restrained, consumers don't see recovery, neither does labour market, NZ mapped in 3D, gold at record high, swaps stable, NZD soft, & more
Investors mark down companies supposed to be winners from the new US tariff actions; China profits dip; Aussie borrowing to surge; eyes on AU Federal election date; UST 10yr at 4.36%; gold up and oil eases; NZ$1 = 57.6 USc; TWI = 66.9
28th Mar 25, 7:19am
20
Investors mark down companies supposed to be winners from the new US tariff actions; China profits dip; Aussie borrowing to surge; eyes on AU Federal election date; UST 10yr at 4.36%; gold up and oil eases; NZ$1 = 57.6 USc; TWI = 66.9
A review of things you need to know before you sign off on Thursday; BNZ trims short TD rates, NZX dips, Ryman pays down debt, Aussie wealth rises, AGBs struggle for demand, US sets car tariffs, swaps hold, NZD holds, & more
27th Mar 25, 4:01pm
9
A review of things you need to know before you sign off on Thursday; BNZ trims short TD rates, NZX dips, Ryman pays down debt, Aussie wealth rises, AGBs struggle for demand, US sets car tariffs, swaps hold, NZD holds, & more
[updated]
Savers are increasing balances at banks at almost twice the rate borrowers are taking out loans. Banks are under no pressure and are trimming TD rates in small amounts regularly now
27th Mar 25, 10:01am
Savers are increasing balances at banks at almost twice the rate borrowers are taking out loans. Banks are under no pressure and are trimming TD rates in small amounts regularly now
Waiting for more tariffs, the US economy goes into reverse; Singapore factories stutter; EU scrambles to face threats alone; UST 10yr at 4.34%, Wall Street in reverse; gold down and oil up; NZ$1 = 57.4 USc; TWI = 67
27th Mar 25, 7:19am
7
Waiting for more tariffs, the US economy goes into reverse; Singapore factories stutter; EU scrambles to face threats alone; UST 10yr at 4.34%, Wall Street in reverse; gold down and oil up; NZ$1 = 57.4 USc; TWI = 67
A review of things you need to know before you sign off on Wednesday; Liberty drops mortgage rates, FHBs fade, eyes on broker churn, NZX50 rises above peers, Aussie inflation eases, swaps stable, NZD on hold, & more
26th Mar 25, 3:59pm
20
A review of things you need to know before you sign off on Wednesday; Liberty drops mortgage rates, FHBs fade, eyes on broker churn, NZX50 rises above peers, Aussie inflation eases, swaps stable, NZD on hold, & more
Aussie election budget shows extended deficits; US sentiment drops sharply; Moody's warns the US; Canada mulls export taxes; Rupiah hits record low; UST 10yr at 4.30%, gold up and oil dips; NZ$1 = 57.4 USc; TWI = 66.8
26th Mar 25, 7:19am
9
Aussie election budget shows extended deficits; US sentiment drops sharply; Moody's warns the US; Canada mulls export taxes; Rupiah hits record low; UST 10yr at 4.30%, gold up and oil dips; NZ$1 = 57.4 USc; TWI = 66.8
A review of things you need to know before you sign off on Tuesday; employment confidence and job ad levels sag, eyes on milk powder prices, commercial lease listings rise, swaps steepen, NZD softish, & more
25th Mar 25, 3:59pm
25
A review of things you need to know before you sign off on Tuesday; employment confidence and job ad levels sag, eyes on milk powder prices, commercial lease listings rise, swaps steepen, NZD softish, & more
US PMIs mixed; copper hits record high; Japan PMIs weaker; India PMIs strong; China readies rate cuts; Australia PMIs rise; AU Budget due, then election date; UST 10yr at 4.33%, gold down and oil up; NZ$1 = 57.2 USc; TWI = 66.8
25th Mar 25, 7:20am
18
US PMIs mixed; copper hits record high; Japan PMIs weaker; India PMIs strong; China readies rate cuts; Australia PMIs rise; AU Budget due, then election date; UST 10yr at 4.33%, gold down and oil up; NZ$1 = 57.2 USc; TWI = 66.8
A review of things you need to know before you sign off on Monday; quiet on the retail rate front; Synlait rises, DuVal mess exposed, Aussie PMIs rise, eyes on Aussie election budget, swaps stable, NZD holds, & more
24th Mar 25, 3:59pm
15
A review of things you need to know before you sign off on Monday; quiet on the retail rate front; Synlait rises, DuVal mess exposed, Aussie PMIs rise, eyes on Aussie election budget, swaps stable, NZD holds, & more
Eyes on 'reciprocal tariffs'; Canada calls election; Japanese inflation stays high; Malaysia inflation low; private equity downgraded; UST 10yr at 4.25%, gold firms and oil stable; NZ$1 = 57.3 USc; TWI = 66.9
24th Mar 25, 7:19am
20
Eyes on 'reciprocal tariffs'; Canada calls election; Japanese inflation stays high; Malaysia inflation low; private equity downgraded; UST 10yr at 4.25%, gold firms and oil stable; NZ$1 = 57.3 USc; TWI = 66.9
Canada car sales retreat; Japanese inflation eases on power subsidies; China fumes over Panama port deal; Aussie private credit sector on 'watch'; UST 10yr at 4.25%, gold dips and oil firmish; NZ$1 = 57.4 USc; TWI = 66.9
22nd Mar 25, 8:08am
14
Canada car sales retreat; Japanese inflation eases on power subsidies; China fumes over Panama port deal; Aussie private credit sector on 'watch'; UST 10yr at 4.25%, gold dips and oil firmish; NZ$1 = 57.4 USc; TWI = 66.9