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David Chaston

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.

Member for

16 years

Latest articles

[updated]
A review of things you need to know before you sign off on Wednesday; big changes to mortgage and TD rates, retail spending shrinks, but credit stress less, swaps sharply lower, NZD up, & more
23rd Aug 23, 3:59pm
80
A review of things you need to know before you sign off on Wednesday; big changes to mortgage and TD rates, retail spending shrinks, but credit stress less, swaps sharply lower, NZD up, & more
Equities down, yields down, WTI crude down, gold up, US dollar mixed. USDCNY 7.3 level holds as Chinese authorities continue to defend the yuan. US treasuries mixed: short end firms, long dated yields ease from recent highs
23rd Aug 23, 8:03am
Equities down, yields down, WTI crude down, gold up, US dollar mixed. USDCNY 7.3 level holds as Chinese authorities continue to defend the yuan. US treasuries mixed: short end firms, long dated yields ease from recent highs
Waiting for Powell's Jackson Hole speech; US data sluggish; US regional bank ratings get trimmed; Panama drought affects canal passage; Korea confident; UST 10yr 4.33%; gold firm and oil dips again; NZ$1 = 59.5 USc; TWI-5 = 68.6
23rd Aug 23, 7:19am
61
Waiting for Powell's Jackson Hole speech; US data sluggish; US regional bank ratings get trimmed; Panama drought affects canal passage; Korea confident; UST 10yr 4.33%; gold firm and oil dips again; NZ$1 = 59.5 USc; TWI-5 = 68.6
A major bank offers 6% for a term deposit, as ANZ raises some key rates and adopts that rate for an 18-month term
22nd Aug 23, 7:04pm
50
A major bank offers 6% for a term deposit, as ANZ raises some key rates and adopts that rate for an 18-month term
ASB opened the door, and the first to walk through it is ANZ with an even steeper set of fixed home loan rate increases
22nd Aug 23, 7:04pm
70
ASB opened the door, and the first to walk through it is ANZ with an even steeper set of fixed home loan rate increases
A review of things you need to know before you sign off on Tuesday; no retail rate changes, interest-free car loans from Westpac, are rates really high?, swaps up, NZD holds, & more
22nd Aug 23, 3:59pm
43
A review of things you need to know before you sign off on Tuesday; no retail rate changes, interest-free car loans from Westpac, are rates really high?, swaps up, NZD holds, & more
US funding benchmarks rise to 16yr highs; China trims one benchmark rate to all-time low; China property risks a national threat; Aussie insurance profits rise; UST 10yr 4.34%; gold firm and oil dips; NZ$1 = 59.2 USc; TWI-5 = 68.3
22nd Aug 23, 7:20am
90
US funding benchmarks rise to 16yr highs; China trims one benchmark rate to all-time low; China property risks a national threat; Aussie insurance profits rise; UST 10yr 4.34%; gold firm and oil dips; NZ$1 = 59.2 USc; TWI-5 = 68.3
A review of things you need to know before you sign off on Monday; ASB raises fixed home loan rates, affordability for FHBs worsens, more big bond issues coming, bigger trade deficit, swaps up, NZD stable, & more
21st Aug 23, 3:59pm
68
A review of things you need to know before you sign off on Monday; ASB raises fixed home loan rates, affordability for FHBs worsens, more big bond issues coming, bigger trade deficit, swaps up, NZD stable, & more
ASB heeds their owner's boss, raising home loan rates in unseasonal drive to protect profits. But SBS Bank strikes with a very competitive sub-6% three year rate
21st Aug 23, 9:02am
42
ASB heeds their owner's boss, raising home loan rates in unseasonal drive to protect profits. But SBS Bank strikes with a very competitive sub-6% three year rate
Investors in China pull back; Fitch watching closely; some China carmakers report growing losses; Japan CPI stays elevated; Canadian PPI in focus; Aussie investment pipeline swells; UST 10yr 4.25%; gold and oil firm; NZ$1 = 59.4 USc; TWI-5 = 68.5
21st Aug 23, 7:19am
38
Investors in China pull back; Fitch watching closely; some China carmakers report growing losses; Japan CPI stays elevated; Canadian PPI in focus; Aussie investment pipeline swells; UST 10yr 4.25%; gold and oil firm; NZ$1 = 59.4 USc; TWI-5 = 68.5
Canadian PPI turns back up; Japan CPI stays high; China FDI slumps; Aussie construction pipeline at record high; ATO battles TikTok GST fraud; UST 10yr 4.25%; gold and oil firm; NZ$1 = 59.4 USc; TWI-5 = 68.5
19th Aug 23, 8:19am
13
Canadian PPI turns back up; Japan CPI stays high; China FDI slumps; Aussie construction pipeline at record high; ATO battles TikTok GST fraud; UST 10yr 4.25%; gold and oil firm; NZ$1 = 59.4 USc; TWI-5 = 68.5
[updated]
A review of things you need to know before you sign off on Friday; house vendors accept lower offers, Fonterra cuts again, tractor sales low, farms to be in ETS, swaps firmish, NZD holds, & more
18th Aug 23, 3:59pm
42
A review of things you need to know before you sign off on Friday; house vendors accept lower offers, Fonterra cuts again, tractor sales low, farms to be in ETS, swaps firmish, NZD holds, & more
[updated]
Just two weeks after Fonterra cut its new season payout forecast by -$1, it has trimmed another -25c in a further move down after yet another sharp drop in dairy prices at auction
18th Aug 23, 8:51am
59
Just two weeks after Fonterra cut its new season payout forecast by -$1, it has trimmed another -25c in a further move down after yet another sharp drop in dairy prices at auction
US data positive; Japanese exports slip on China trade; eyes on Japanese CPI; China rushes to defend the yuan; Aussie labour market slips; UST 10yr 4.31%; gold lower and oil firms; NZ$1 = 59.3 USc; TWI-5 = 68.5
18th Aug 23, 7:19am
80
US data positive; Japanese exports slip on China trade; eyes on Japanese CPI; China rushes to defend the yuan; Aussie labour market slips; UST 10yr 4.31%; gold lower and oil firms; NZ$1 = 59.3 USc; TWI-5 = 68.5
[updated]
A review of things you need to know before you sign off on Thursday; workers rush in, wealth shrinks, PPI rise tame except on farms, no debt stress, election and NZX50 updates, swaps up, NZD down, & more
17th Aug 23, 3:59pm
60
A review of things you need to know before you sign off on Thursday; workers rush in, wealth shrinks, PPI rise tame except on farms, no debt stress, election and NZX50 updates, swaps up, NZD down, & more
US data positive; US Fed sees more tightening but it's not unanimous; China economic stresses rise; EU doing better; UST 10yr 4.27%; gold and oil lower; NZ$1 = 59.4 USc; TWI-5 = 68.5
17th Aug 23, 7:18am
71
US data positive; US Fed sees more tightening but it's not unanimous; China economic stresses rise; EU doing better; UST 10yr 4.27%; gold and oil lower; NZ$1 = 59.4 USc; TWI-5 = 68.5
[updated]
A review of things you need to know before you sign off on Wednesday; sharp dairy prices falls, RBNZ leaves OCR unchanged, real estate sector heads 'south', swaps unchanged, NZD firms, & more
16th Aug 23, 3:59pm
32
A review of things you need to know before you sign off on Wednesday; sharp dairy prices falls, RBNZ leaves OCR unchanged, real estate sector heads 'south', swaps unchanged, NZD firms, & more
Dairy prices fall hard; US data more positive; Canada inflation at 3.3%; Japan shines; China's funk deepens; German sentiment better; RBA warns on labour market; UST 10yr 4.22%; gold and oil lower; NZ$1 = 59.6 USc; TWI-5 = 68.6
16th Aug 23, 7:20am
146
Dairy prices fall hard; US data more positive; Canada inflation at 3.3%; Japan shines; China's funk deepens; German sentiment better; RBA warns on labour market; UST 10yr 4.22%; gold and oil lower; NZ$1 = 59.6 USc; TWI-5 = 68.6
A review of things you need to know before you sign off on Tuesday; housing market stays cold, job ad levels fall, incomes up faster than inflation, inflation expectations stay high, swaps up, NZD stable, & much more
15th Aug 23, 3:59pm
65
A review of things you need to know before you sign off on Tuesday; housing market stays cold, job ad levels fall, incomes up faster than inflation, inflation expectations stay high, swaps up, NZD stable, & much more
US consumers accept inflation will be lower; India CPI jumps; most commodity producers facing sharp pressures, some more than others; UST 10yr 4.19%; gold and oil lower; NZ$1 = 59.8 USc; TWI-5 = 68.5
15th Aug 23, 7:19am
69
US consumers accept inflation will be lower; India CPI jumps; most commodity producers facing sharp pressures, some more than others; UST 10yr 4.19%; gold and oil lower; NZ$1 = 59.8 USc; TWI-5 = 68.5
A review of things you need to know before you sign off on Monday; Westpac trims its 2yr home loan offer, service sector in a grim spot, migrants rush in, swaps up, NZD down, & more
14th Aug 23, 3:59pm
117
A review of things you need to know before you sign off on Monday; Westpac trims its 2yr home loan offer, service sector in a grim spot, migrants rush in, swaps up, NZD down, & more
Westpac steps out of line with a 10 basis points cut to its 2-year fixed home loan rate. Although not a large drop, it is the first non-trivial reduction in a main bank 2-year rate for six months
14th Aug 23, 12:35pm
6
Westpac steps out of line with a 10 basis points cut to its 2-year fixed home loan rate. Although not a large drop, it is the first non-trivial reduction in a main bank 2-year rate for six months
China borrowers pull back hard; Country Garden staggers, some Chinese funds managers too; Singapore downgrades its prospects; US PPI inflation not dead yet, but sentiment up; UST 10yr 4.16%; gold and oil holds; NZ$1 = 59.8 USc; TWI-5 = 68.7
14th Aug 23, 7:19am
54
China borrowers pull back hard; Country Garden staggers, some Chinese funds managers too; Singapore downgrades its prospects; US PPI inflation not dead yet, but sentiment up; UST 10yr 4.16%; gold and oil holds; NZ$1 = 59.8 USc; TWI-5 = 68.7
US PPI holds; US sentiment improves; Fed trims balance sheet; China new lending very weak; Country Garden issues waning; Singapore sets sights lower; UST 10yr 4.17%; gold down and oil holds; NZ$1 = 59.8 USc; TWI-5 = 68.6
12th Aug 23, 8:30am
55
US PPI holds; US sentiment improves; Fed trims balance sheet; China new lending very weak; Country Garden issues waning; Singapore sets sights lower; UST 10yr 4.17%; gold down and oil holds; NZ$1 = 59.8 USc; TWI-5 = 68.6
A review of things you need to know before you sign off on Friday; inflation pressure still intense, Fonterra earns more, FMA issues ironic warning, green tick explained, swaps up, NZD down, & much more
11th Aug 23, 3:59pm
73
A review of things you need to know before you sign off on Friday; inflation pressure still intense, Fonterra earns more, FMA issues ironic warning, green tick explained, swaps up, NZD down, & much more