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; no retail rate changes, few Kiwi victims of Latitude cyber attack, SME's self-confident, trade deficit unchanged, swap rates fall again, NZD dips, & more
21st Mar 23, 3:59pm
68
A review of things you need to know before you sign off on Tuesday; no retail rate changes, few Kiwi victims of Latitude cyber attack, SME's self-confident, trade deficit unchanged, swap rates fall again, NZD dips, & more
The 2023 update from the United Nations Intergovernmental Panel on Climate Change has found that the world is likely to miss its most ambitious climate target - limiting warming to +1.5 degrees C
21st Mar 23, 9:09am
34
The 2023 update from the United Nations Intergovernmental Panel on Climate Change has found that the world is likely to miss its most ambitious climate target - limiting warming to +1.5 degrees C
The pressure on banks remains high but markets sense the worst is over; China holds LPRs; Taiwan export orders fall; German PPI stabilises; UST 10yr 3.49%; gold and oil down; NZ$1 = 62.5 USc; TWI-5 = 70.5
21st Mar 23, 7:19am
83
The pressure on banks remains high but markets sense the worst is over; China holds LPRs; Taiwan export orders fall; German PPI stabilises; UST 10yr 3.49%; gold and oil down; NZ$1 = 62.5 USc; TWI-5 = 70.5
A review of things you need to know before you sign off on Monday; ASB trims fixed home loan rates, more bond issues signaled, Aussie building firms fail faster, swaps sink, NZD holds, & more
20th Mar 23, 3:59pm
53
A review of things you need to know before you sign off on Monday; ASB trims fixed home loan rates, more bond issues signaled, Aussie building firms fail faster, swaps sink, NZD holds, & more
ASB follows rivals with mortgage rate cuts in a home loan market walking on eggshells, one that hasn't fired any shots in a season dominated by low real estate sales transaction levels
20th Mar 23, 9:18am
42
ASB follows rivals with mortgage rate cuts in a home loan market walking on eggshells, one that hasn't fired any shots in a season dominated by low real estate sales transaction levels
[updated]
Credit Suisse sold cheap; China cuts reserve ratio, cuts UST holdings too; US data softer; Canadian PPI low; OECD raises 2023 prospects; UST 10yr 3.44%; gold up and oil down; NZ$1 = 62.7 USc; TWI-5 = 70.9
20th Mar 23, 7:19am
105
Credit Suisse sold cheap; China cuts reserve ratio, cuts UST holdings too; US data softer; Canadian PPI low; OECD raises 2023 prospects; UST 10yr 3.44%; gold up and oil down; NZ$1 = 62.7 USc; TWI-5 = 70.9
US data mixed, Canada PPI modest; China cuts reserve ratio; Credit Suisse huddles; OECD sees improvement coming; commodity prices rise; UST 10yr 3.40%; gold up and oil down; NZ$1 = 62.7 USc; TWI-5 = 70.9
18th Mar 23, 8:56am
88
US data mixed, Canada PPI modest; China cuts reserve ratio; Credit Suisse huddles; OECD sees improvement coming; commodity prices rise; UST 10yr 3.40%; gold up and oil down; NZ$1 = 62.7 USc; TWI-5 = 70.9
A review of things you need to know before you sign off on Friday; minor rate changes, green bond expensive, corruption conviction, huge AIA investment, swaps firm, NZD firm, & more
17th Mar 23, 3:59pm
38
A review of things you need to know before you sign off on Friday; minor rate changes, green bond expensive, corruption conviction, huge AIA investment, swaps firm, NZD firm, & more
US data mostly positive; private rescue for a regional bank; Japan data good, relations with Korea improve; Xi worried about food security, UST 10yr 3.57%; gold down and oil recovers some; NZ$1 = 61.7 USc; TWI-5 = 70.1
17th Mar 23, 7:24am
113
US data mostly positive; private rescue for a regional bank; Japan data good, relations with Korea improve; Xi worried about food security, UST 10yr 3.57%; gold down and oil recovers some; NZ$1 = 61.7 USc; TWI-5 = 70.1
A review of things you need to know before you sign off on Thursday; TD rates rise slightly, Fonterra impresses, GDP nearer recession, bus patronage withers, Aussie job market up, swaps lower, NZD softer, & more
16th Mar 23, 3:59pm
65
A review of things you need to know before you sign off on Thursday; TD rates rise slightly, Fonterra impresses, GDP nearer recession, bus patronage withers, Aussie job market up, swaps lower, NZD softer, & more
Bank term deposit rate offers have shrunk from the start of 2022 in relation to the OCR and the latest increases don't restore those premiums
16th Mar 23, 12:17pm
54
Bank term deposit rate offers have shrunk from the start of 2022 in relation to the OCR and the latest increases don't restore those premiums
US economic data weakens; China's data average; Indonesia rises; German PPI still high, European banks hit hard by investors, UST 10yr 3.47%; gold up and oil down sharply; NZ$1 = 61.8 USc; TWI-5 = 70.5
16th Mar 23, 7:29am
130
US economic data weakens; China's data average; Indonesia rises; German PPI still high, European banks hit hard by investors, UST 10yr 3.47%; gold up and oil down sharply; NZ$1 = 61.8 USc; TWI-5 = 70.5
[updated]
A review of things you need to know before you sign off on Wednesday; no retail rate changes, Auckland house values plummet, CRL needs another $1 bln, wider C/A deficit, carbon tender fails, swaps bounce back, NZD firm, & more
15th Mar 23, 4:00pm
85
A review of things you need to know before you sign off on Wednesday; no retail rate changes, Auckland house values plummet, CRL needs another $1 bln, wider C/A deficit, carbon tender fails, swaps bounce back, NZD firm, & more
US market pressure on regional banks eases; US CPI eases to 6%; Meta culls employees; China relaxes visa rules; Aussie sentiment low; UST 10yr 3.61%; gold and oil down; NZ$1 = 62.2 USc; TWI-5 = 70.6
15th Mar 23, 7:32am
130
US market pressure on regional banks eases; US CPI eases to 6%; Meta culls employees; China relaxes visa rules; Aussie sentiment low; UST 10yr 3.61%; gold and oil down; NZ$1 = 62.2 USc; TWI-5 = 70.6
[updated]
A review of things you need to know before you sign off on Tuesday; BNZ ups TD rates, February REINZ data very weak and more marginal, migration rising again, swaps fall hard in fierce bond rally, NZD rises, & more
14th Mar 23, 3:59pm
52
A review of things you need to know before you sign off on Tuesday; BNZ ups TD rates, February REINZ data very weak and more marginal, migration rising again, swaps fall hard in fierce bond rally, NZD rises, & more
Global bond yields dive; regulators race to shore up banking system, inflation expectations fall; markets expect the Fed to dial back rate hikes; UST 10yr 3.53%; gold up and oil down; NZ$1 = 62.3 USc; TWI-5 = 70.6
14th Mar 23, 7:26am
111
Global bond yields dive; regulators race to shore up banking system, inflation expectations fall; markets expect the Fed to dial back rate hikes; UST 10yr 3.53%; gold up and oil down; NZ$1 = 62.3 USc; TWI-5 = 70.6
A review of things you need to know before you sign off on Monday; no retail rate changes, inflation speeds up except for rents, service sector healthy, bank profits grow faster, swaps retreat, NZD firmish, & more
13th Mar 23, 4:00pm
56
A review of things you need to know before you sign off on Monday; no retail rate changes, inflation speeds up except for rents, service sector healthy, bank profits grow faster, swaps retreat, NZD firmish, & more
US races to deal with SVB collapse; US labor market outperforms again; eyes on CPI; Japan PPI shifts lower quickly; China surprises by retaining PBoC chief; UST 10yr 3.70%; gold up and oil down; NZ$1 = 61.3 USc; TWI-5 = 70.1
13th Mar 23, 7:19am
131
US races to deal with SVB collapse; US labor market outperforms again; eyes on CPI; Japan PPI shifts lower quickly; China surprises by retaining PBoC chief; UST 10yr 3.70%; gold up and oil down; NZ$1 = 61.3 USc; TWI-5 = 70.1
US payrolls swell faster than expected; two US banks collapse; Canadian payrolls stable; Kuroda signs off claiming success; China's bank debt rises quickly; UST 10yr 3.71%; gold up and oil down; NZ$1 = 61.6 USc; TWI-5 = 70.2
11th Mar 23, 8:27am
64
US payrolls swell faster than expected; two US banks collapse; Canadian payrolls stable; Kuroda signs off claiming success; China's bank debt rises quickly; UST 10yr 3.71%; gold up and oil down; NZ$1 = 61.6 USc; TWI-5 = 70.2
A review of things you need to know before you sign off on Friday; more rate offer jumps for NoticeSaver accounts, PMI expanding faster, yet another Du Val warning, Q4 business data mixed, swaps fall, NZ soft, & more
10th Mar 23, 3:59pm
71
A review of things you need to know before you sign off on Friday; more rate offer jumps for NoticeSaver accounts, PMI expanding faster, yet another Du Val warning, Q4 business data mixed, swaps fall, NZ soft, & more
Eyes on US non-farm payrolls as jobless claims and layoffs rise; China inflation very low as demand stays weak; Japan machine tool orders weak; UST 10yr 3.93%; gold and oil turn firmer; NZ$1 = 61.3 USc; TWI-5 = 70.1
10th Mar 23, 7:19am
87
Eyes on US non-farm payrolls as jobless claims and layoffs rise; China inflation very low as demand stays weak; Japan machine tool orders weak; UST 10yr 3.93%; gold and oil turn firmer; NZ$1 = 61.3 USc; TWI-5 = 70.1
A review of things you need to know before you sign off on Thursday; another bank offers a 6% TD, property values decline faster, Chinese inflation threatens to deflate, swaps firm, NZD stable, & more
9th Mar 23, 3:59pm
117
A review of things you need to know before you sign off on Thursday; another bank offers a 6% TD, property values decline faster, Chinese inflation threatens to deflate, swaps firm, NZD stable, & more
US data strong, especially in their jobs market; Canada pauses rate hikes; Chinese banks face unexpected mortgage pressure; air travel recovers sharply; UST 10yr 3.99%; gold and oil weaker again; NZ$1 = 61.2 USc; TWI-5 = 70.1
9th Mar 23, 7:31am
57
US data strong, especially in their jobs market; Canada pauses rate hikes; Chinese banks face unexpected mortgage pressure; air travel recovers sharply; UST 10yr 3.99%; gold and oil weaker again; NZ$1 = 61.2 USc; TWI-5 = 70.1
A review of things you need to know before you sign off on Wednesday; no retail rate changes, dairy auction disappoints, job ads top out? storms mess with official data, swaps firm, NZD slips, & more
8th Mar 23, 3:59pm
67
A review of things you need to know before you sign off on Wednesday; no retail rate changes, dairy auction disappoints, job ads top out? storms mess with official data, swaps firm, NZD slips, & more
Dairy prices weaker; Powell more hawkish; US data weaker; Chinese exports fall sharply; ditto many others; RBA hawkish on rate settings; UST 10yr 3.96%; gold and oil weaker; NZ$1 = 61.3 USc; TWI-5 = 70.2
8th Mar 23, 7:24am
96
Dairy prices weaker; Powell more hawkish; US data weaker; Chinese exports fall sharply; ditto many others; RBA hawkish on rate settings; UST 10yr 3.96%; gold and oil weaker; NZ$1 = 61.3 USc; TWI-5 = 70.2