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
We have expanded the coverage of our NZX50 analysis with sector monitoring, helping explain how capitalisation in this equity market changes over time
24th Jan 24, 3:45pm
5
We have expanded the coverage of our NZX50 analysis with sector monitoring, helping explain how capitalisation in this equity market changes over time
Eyes on NZ CPI; US retail strong but manufacturing not; Japan holds; China readies big stock market rescue; Aussie stage 3 tax cuts to get big makeover; UST 10yr 4.15%; gold and oil hold; NZ$1 = 60.7 USc; TWI-5 = 69.8
24th Jan 24, 7:19am
46
Eyes on NZ CPI; US retail strong but manufacturing not; Japan holds; China readies big stock market rescue; Aussie stage 3 tax cuts to get big makeover; UST 10yr 4.15%; gold and oil hold; NZ$1 = 60.7 USc; TWI-5 = 69.8
A review of things you need to know before you sign off on Tuesday; Service sector slips into contraction, DTIs coming, Fitch pares some ratings, farmer spending plans on hold, swaps unchanged, NZD falls, & more
23rd Jan 24, 3:59pm
67
A review of things you need to know before you sign off on Tuesday; Service sector slips into contraction, DTIs coming, Fitch pares some ratings, farmer spending plans on hold, swaps unchanged, NZD falls, & more
US leading indicators more up than down; China holds LPRs; Taiwan export orders retreat; nickel price fall closes mines; UST 10yr 4.10%; gold down and oil up; NZ$1 = 61 USc; TWI-5 = 69.9
23rd Jan 24, 7:19am
38
US leading indicators more up than down; China holds LPRs; Taiwan export orders retreat; nickel price fall closes mines; UST 10yr 4.10%; gold down and oil up; NZ$1 = 61 USc; TWI-5 = 69.9
A review of things you need to know before you sign off on Monday; Auckland house stock expands, yuan defended, nickel & lithium under pressure, swaps stable, NZD firms, & more
22nd Jan 24, 3:59pm
14
A review of things you need to know before you sign off on Monday; Auckland house stock expands, yuan defended, nickel & lithium under pressure, swaps stable, NZD firms, & more
China FDI retreats; Japan CPI rise weakens; US sentiment surges; Canadian retail jumps; German energy costs dive; UST 10yr 4.13%; gold up and oil unchanged; NZ$1 = 61.1 USc; TWI-5 = 70
22nd Jan 24, 7:19am
41
China FDI retreats; Japan CPI rise weakens; US sentiment surges; Canadian retail jumps; German energy costs dive; UST 10yr 4.13%; gold up and oil unchanged; NZ$1 = 61.1 USc; TWI-5 = 70
US sentiment surges; Canadian retail sales rise; China FDI shrinks; China to adopt GM to protect food security; Japan still not sure inflation is back; UST 10yr 4.16%; gold up and oil down; NZ$1 = 61 USc; TWI-5 = 70
20th Jan 24, 7:58am
27
US sentiment surges; Canadian retail sales rise; China FDI shrinks; China to adopt GM to protect food security; Japan still not sure inflation is back; UST 10yr 4.16%; gold up and oil down; NZ$1 = 61 USc; TWI-5 = 70
A review of things you need to know before you sign off on Friday; more retail rate changes, ugly PMI, spotty tourism, surging immigration, IMF reports on Australia, swaps up, NZD down, & more
19th Jan 24, 3:59pm
16
A review of things you need to know before you sign off on Friday; more retail rate changes, ugly PMI, spotty tourism, surging immigration, IMF reports on Australia, swaps up, NZD down, & more
US jobs and housing data good, not so factory data; Aussie inflation sticky as jobs shrink; container freight rate jumps add to supply chain woes; UST 10yr 4.14%; gold and oil up; NZ$1 = 61.1 USc; TWI-5 = 70.1
19th Jan 24, 7:19am
96
US jobs and housing data good, not so factory data; Aussie inflation sticky as jobs shrink; container freight rate jumps add to supply chain woes; UST 10yr 4.14%; gold and oil up; NZ$1 = 61.1 USc; TWI-5 = 70.1
The next bank to trim home loan rates is Westpac. Their adjustments take them into line with their main rivals. But they did make a +10 bps rise to their six month term deposit rate to a somewhat unique level
18th Jan 24, 6:17pm
5
The next bank to trim home loan rates is Westpac. Their adjustments take them into line with their main rivals. But they did make a +10 bps rise to their six month term deposit rate to a somewhat unique level
A review of things you need to know before you sign off on Thursday; REINZ December data soft, Truckometer shows weakness, inflation components stay up, benefits little-changed, swaps up, NZD lower, & more
18th Jan 24, 3:59pm
34
A review of things you need to know before you sign off on Thursday; REINZ December data soft, Truckometer shows weakness, inflation components stay up, benefits little-changed, swaps up, NZD lower, & more
US data turns positive; Chinese data variable with growing worries about property and population; global corporate defaults rise; UST 10yr 4.12%; gold and oil down again; NZ$1 = 61 USc; TWI-5 = 70.1
18th Jan 24, 7:23am
110
US data turns positive; Chinese data variable with growing worries about property and population; global corporate defaults rise; UST 10yr 4.12%; gold and oil down again; NZ$1 = 61 USc; TWI-5 = 70.1
A review of things you need to know before you sign off on Wednesday; some credit card rates rise, a work visa rush, weak retail, dairy prices up, house prices down, swaps on hold, NZD soft, & more
17th Jan 24, 3:59pm
42
A review of things you need to know before you sign off on Wednesday; some credit card rates rise, a work visa rush, weak retail, dairy prices up, house prices down, swaps on hold, NZD soft, & more
Dairy prices rise; US household spending growth eases; Canadian inflation turns up; China grew 5.2% in 2023; EU data better; Aussie sentiment worse; UST 10yr 4.08%; gold and oil down; NZ$1 = 61.4 USc; TWI-5 = 70.4
17th Jan 24, 7:19am
99
Dairy prices rise; US household spending growth eases; Canadian inflation turns up; China grew 5.2% in 2023; EU data better; Aussie sentiment worse; UST 10yr 4.08%; gold and oil down; NZ$1 = 61.4 USc; TWI-5 = 70.4
A review of things you need to know before you sign off on Tuesday; rate watch for cuts, QSBO picks up, job ads tumble, settlement balances rise as do the costs, swaps firm, NZD soft, & more
16th Jan 24, 3:59pm
103
A review of things you need to know before you sign off on Tuesday; rate watch for cuts, QSBO picks up, job ads tumble, settlement balances rise as do the costs, swaps firm, NZD soft, & more
Savers who value the Government-guaranteed Kiwi Bond offer should be aware that in a declining interest rate environment, these rates are vulnerable to being trimmed
16th Jan 24, 1:31pm
2
Savers who value the Government-guaranteed Kiwi Bond offer should be aware that in a declining interest rate environment, these rates are vulnerable to being trimmed
Davos din starts; China adds banking system liquidity; Canucks depressed; Japanese machine tool orders recover; Aussie judge lays into 'cultural' defenders ; UST 10yr 3.98%; gold up but oil down; NZ$1 = 62 USc; TWI-5 = 70.5
16th Jan 24, 7:20am
71
Davos din starts; China adds banking system liquidity; Canucks depressed; Japanese machine tool orders recover; Aussie judge lays into 'cultural' defenders ; UST 10yr 3.98%; gold up but oil down; NZ$1 = 62 USc; TWI-5 = 70.5
A review of things you need to know before you sign off on Monday; both home loan and term deposit rates slip, grocery price pressure eases, markets price in -1% 2024 OCR cuts, swaps on hold, NZD soft, & more
15th Jan 24, 4:00pm
32
A review of things you need to know before you sign off on Monday; both home loan and term deposit rates slip, grocery price pressure eases, markets price in -1% 2024 OCR cuts, swaps on hold, NZD soft, & more
Both Kiwibank and TSB trim home loan rates to match the big Aussie banks. They also reduce some longer term deposit rates
15th Jan 24, 9:47am
23
Both Kiwibank and TSB trim home loan rates to match the big Aussie banks. They also reduce some longer term deposit rates
Chinese lending fails to impress; China in deflation; Taiwan voters snub China; US PPI falls; Grocery price pressures ease; UST 10yr 3.94%; gold up but oil holds low; NZ$1 = 62.4 USc; TWI-5 = 70.9
15th Jan 24, 7:19am
48
Chinese lending fails to impress; China in deflation; Taiwan voters snub China; US PPI falls; Grocery price pressures ease; UST 10yr 3.94%; gold up but oil holds low; NZ$1 = 62.4 USc; TWI-5 = 70.9
US PPI slips; Indian industrial momentum eases; China lending tame; China in deflation; elections in Taiwan; uranium price zooms higher; UST 10yr 3.96%; gold rises but oil dips; NZ$1 = 62.4 USc; TWI-5 = 70.9
13th Jan 24, 8:24am
96
US PPI slips; Indian industrial momentum eases; China lending tame; China in deflation; elections in Taiwan; uranium price zooms higher; UST 10yr 3.96%; gold rises but oil dips; NZ$1 = 62.4 USc; TWI-5 = 70.9
Above 6% term deposit rates are changing behaviour in the household bank deposit sector. But households still haven't shifted to levels that were normal prior to the pandemic
12th Jan 24, 12:00pm
48
Above 6% term deposit rates are changing behaviour in the household bank deposit sector. But households still haven't shifted to levels that were normal prior to the pandemic
American inflation rises; US jobless claims low; neither China nor the US adopting EVs like NZ; global container freight rates rise again; UST 10yr 4.03%; gold dips and oil rises; NZ$1 = 62.1 USc; TWI-5 = 70.7
12th Jan 24, 7:23am
58
American inflation rises; US jobless claims low; neither China nor the US adopting EVs like NZ; global container freight rates rise again; UST 10yr 4.03%; gold dips and oil rises; NZ$1 = 62.1 USc; TWI-5 = 70.7
Fast-reducing townhouse consent levels are driving overall residential building consent levels into a sharp contraction, even if construction cost pressures ease
11th Jan 24, 11:23am
102
Fast-reducing townhouse consent levels are driving overall residential building consent levels into a sharp contraction, even if construction cost pressures ease
2024 to get huge bond issuance; eyes on Chinese bank loan levels and US CPI; insurance premium rises drive Aussie inflation; air cargo rises; UST 10yr 4.00%; gold dips and oil slips; NZ$1 = 62.2 USc; TWI-5 = 70.7
11th Jan 24, 7:21am
76
2024 to get huge bond issuance; eyes on Chinese bank loan levels and US CPI; insurance premium rises drive Aussie inflation; air cargo rises; UST 10yr 4.00%; gold dips and oil slips; NZ$1 = 62.2 USc; TWI-5 = 70.7