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
[updated]
ANZ the first bank to raise floating mortgage rates following last week's OCR hike. They are passing through less than the full +75 bps to floating rate borrowers, but all of it to their bonus saver account. Term deposit savers get less
29th Nov 22, 2:34pm
145
ANZ the first bank to raise floating mortgage rates following last week's OCR hike. They are passing through less than the full +75 bps to floating rate borrowers, but all of it to their bonus saver account. Term deposit savers get less
US off the boil but Fed voices call for staying the course; China doubles down on restrictions; Aussie retail dips; the rice price rises; UST 10yr 3.71%; gold down and oil holds; NZ$1 = 62 USc; TWI-5 = 70.9
29th Nov 22, 7:19am
63
US off the boil but Fed voices call for staying the course; China doubles down on restrictions; Aussie retail dips; the rice price rises; UST 10yr 3.71%; gold down and oil holds; NZ$1 = 62 USc; TWI-5 = 70.9
A review of things you need to know before you sign off on Monday; still no mortgage rate hikes, but some higher TD rates, sprawl updated, apologies & sacking in Australia, swaps slip, NZD holds, & more
28th Nov 22, 3:59pm
66
A review of things you need to know before you sign off on Monday; still no mortgage rate hikes, but some higher TD rates, sprawl updated, apologies & sacking in Australia, swaps slip, NZD holds, & more
US retail sales waver; China under stress and social unrest surfaces; EU sentiment stabilises; ALP wins in Victoria; insurance pressure; UST 10yr 3.69%; gold up and oil dips; NZ$1 = 62.5 USc; TWI-5 = 71.3
28th Nov 22, 7:19am
65
US retail sales waver; China under stress and social unrest surfaces; EU sentiment stabilises; ALP wins in Victoria; insurance pressure; UST 10yr 3.69%; gold up and oil dips; NZ$1 = 62.5 USc; TWI-5 = 71.3
American Black Friday retail off to a shaky start; China cuts reserve ratios again; German & French sentiment holds; Spain targets new taxes, Victoria votes; UST 10yr 3.69%; gold and oil dip; NZ$1 = 62.4 USc; TWI-5 = 71.2
26th Nov 22, 8:29am
53
American Black Friday retail off to a shaky start; China cuts reserve ratios again; German & French sentiment holds; Spain targets new taxes, Victoria votes; UST 10yr 3.69%; gold and oil dip; NZ$1 = 62.4 USc; TWI-5 = 71.2
A review of things you need to know before you sign off on Friday; retail spending rises, consumer sentiment falls, Hassall resigns at BNZ board, FLP in final seven days for access, swaps settle, NZD stable, & more
25th Nov 22, 3:59pm
78
A review of things you need to know before you sign off on Friday; retail spending rises, consumer sentiment falls, Hassall resigns at BNZ board, FLP in final seven days for access, swaps settle, NZD stable, & more
Most central banks fight inflation with +75 bps hikes, but not Turkey; US holiday retail eyed; Japan PMIs waver; container freight rates dive; UST 10yr 3.69%; gold up and oil unchanged; NZ$1 = 62.7 USc; TWI-5 = 71.3
25th Nov 22, 7:35am
135
Most central banks fight inflation with +75 bps hikes, but not Turkey; US holiday retail eyed; Japan PMIs waver; container freight rates dive; UST 10yr 3.69%; gold up and oil unchanged; NZ$1 = 62.7 USc; TWI-5 = 71.3
A review of things you need to know before you sign off on Thursday; no bank has passed on the OCR hike yet; FHBs keep the mortgage market alive, farm sales dire, more FLP taken, swaps settle, NZD firm, & more
24th Nov 22, 3:59pm
102
A review of things you need to know before you sign off on Thursday; no bank has passed on the OCR hike yet; FHBs keep the mortgage market alive, farm sales dire, more FLP taken, swaps settle, NZD firm, & more
Pre-Thanksgiving US data drop mostly positive; China readies new stimulus; Taiwan and Singapore data weak, PMIs in Europe, Australia weaken; UST 10yr 3.74%; gold unchanged and oil drops; NZ$1 = 62.3 USc; TWI-5 = 71.1
24th Nov 22, 7:31am
172
Pre-Thanksgiving US data drop mostly positive; China readies new stimulus; Taiwan and Singapore data weak, PMIs in Europe, Australia weaken; UST 10yr 3.74%; gold unchanged and oil drops; NZ$1 = 62.3 USc; TWI-5 = 71.1
A review of things you need to know before you sign off on Wednesday; RBNZ serious about fighting inflation, QuayStreet sold, LIMs to expose climate risks, swaps jump and invert, NZD firm, & more
23rd Nov 22, 3:59pm
65
A review of things you need to know before you sign off on Wednesday; RBNZ serious about fighting inflation, QuayStreet sold, LIMs to expose climate risks, swaps jump and invert, NZD firm, & more
OECD sees slowdown in 2023, not recession; US exhibiting that slowdown already; China's pandemic struggles spread; eyes on RBNZ; UST 10yr 3.77%; gold and oil up; NZ$1 = 61.4 USc; TWI-5 = 70.7
23rd Nov 22, 7:34am
138
OECD sees slowdown in 2023, not recession; US exhibiting that slowdown already; China's pandemic struggles spread; eyes on RBNZ; UST 10yr 3.77%; gold and oil up; NZ$1 = 61.4 USc; TWI-5 = 70.7
A review of things you need to know before you sign off on Tuesday; waiting for the RBNZ, milk flow drops, trade deficit jumps, big new FLP drawdown, swaps firm, NZD stable, & more
22nd Nov 22, 3:59pm
89
A review of things you need to know before you sign off on Tuesday; waiting for the RBNZ, milk flow drops, trade deficit jumps, big new FLP drawdown, swaps firm, NZD stable, & more
US data sags, credit conditions tighten; Taiwan export orders drop; China torn; Malaysia uncertain; German PPI falls; Swedish house prices drop; UST 10yr 3.82%; gold drops and oil little-changed; NZ$1 = 61 USc; TWI-5 = 70.4
22nd Nov 22, 7:21am
138
US data sags, credit conditions tighten; Taiwan export orders drop; China torn; Malaysia uncertain; German PPI falls; Swedish house prices drop; UST 10yr 3.82%; gold drops and oil little-changed; NZ$1 = 61 USc; TWI-5 = 70.4
A review of things you need to know before you sign off on Monday; eyes on RBNZ, credit card use rises modestly, credit card balances fall, rents respond to standard economics, swaps firm, NZD stable, & more
21st Nov 22, 3:59pm
45
A review of things you need to know before you sign off on Monday; eyes on RBNZ, credit card use rises modestly, credit card balances fall, rents respond to standard economics, swaps firm, NZD stable, & more
China's economic momentum weak; questions rise about resilience of US labour markets; Japanese CPI rises faster; EU prospects improve; UST 10yr 3.83%; gold and oil little-changed; NZ$1 = 61.5 USc; TWI-5 = 70.6
21st Nov 22, 7:20am
121
China's economic momentum weak; questions rise about resilience of US labour markets; Japanese CPI rises faster; EU prospects improve; UST 10yr 3.83%; gold and oil little-changed; NZ$1 = 61.5 USc; TWI-5 = 70.6
US housing sales volumes slump; US tech layoffs grow; Canada PPI rises faster; Japan CPI jumps; China housing retreats as pandemic spreads; Malaysia goes to the polls; UST 10yr 3.82%; gold and oil down; NZ$1 = 61.5 USc; TWI-5 = 70.5
19th Nov 22, 8:00am
89
US housing sales volumes slump; US tech layoffs grow; Canada PPI rises faster; Japan CPI jumps; China housing retreats as pandemic spreads; Malaysia goes to the polls; UST 10yr 3.82%; gold and oil down; NZ$1 = 61.5 USc; TWI-5 = 70.5
A review of things you need to know before you sign off on Friday; TD rates inch up by more banks, Fonterra readies shareholder payday, wages hold share of GDP, swaps firm, NZD firm, & more
18th Nov 22, 3:59pm
46
A review of things you need to know before you sign off on Friday; TD rates inch up by more banks, Fonterra readies shareholder payday, wages hold share of GDP, swaps firm, NZD firm, & more
US labour stress low but housing markets weak; US factory sentiment weak; China scrambles on bond stress; UK takes medicine for own goals; Aussie job gains good; UST 10yr 3.78%; gold and oil down; NZ$1 = 60.9 USc; TWI-5 = 69.9
18th Nov 22, 7:19am
133
US labour stress low but housing markets weak; US factory sentiment weak; China scrambles on bond stress; UK takes medicine for own goals; Aussie job gains good; UST 10yr 3.78%; gold and oil down; NZ$1 = 60.9 USc; TWI-5 = 69.9
A review of things you need to know before you sign off on Thursday; inflation hits farmers hardest, population skewing older, border relief on the way, swaps lower again, NZD holds, & more
17th Nov 22, 3:59pm
96
A review of things you need to know before you sign off on Thursday; inflation hits farmers hardest, population skewing older, border relief on the way, swaps lower again, NZD holds, & more
Lackluster American data with retail sales going off the boil; China's house prices fall; Japan's machinery orders dip; Aussie retail strong; UST 10yr 3.72%; gold up and oil down; NZ$1 = 61.5 USc; TWI-5 = 70.1
17th Nov 22, 7:31am
108
Lackluster American data with retail sales going off the boil; China's house prices fall; Japan's machinery orders dip; Aussie retail strong; UST 10yr 3.72%; gold up and oil down; NZ$1 = 61.5 USc; TWI-5 = 70.1
A review of things you need to know before you sign off on Wednesday; BNZ offers 4% for 6 months, borrowers lower their gearing, dairy prices rise, audit quality improves, swaps slip, NZD rises, & more
16th Nov 22, 3:59pm
43
A review of things you need to know before you sign off on Wednesday; BNZ offers 4% for 6 months, borrowers lower their gearing, dairy prices rise, audit quality improves, swaps slip, NZD rises, & more
Rising NZD hurts positive dairy auction; US price rises ease; US consumer debt rises; Chinese data weak; Xi's meetings positive; EU sentiment improves; UST 10yr 3.84%; gold and oil little-changed; NZ$1 = 61.7 USc; TWI-5 = 70.4
16th Nov 22, 7:29am
65
Rising NZD hurts positive dairy auction; US price rises ease; US consumer debt rises; Chinese data weak; Xi's meetings positive; EU sentiment improves; UST 10yr 3.84%; gold and oil little-changed; NZ$1 = 61.7 USc; TWI-5 = 70.4
[updated]
A review of things you need to know before you sign off on Tuesday; housing market stays weak, visitor arrivals up but still weak, bonds in hot demand, inflation perceptions high at the margins, swaps and NZD stable, & more
15th Nov 22, 3:59pm
29
A review of things you need to know before you sign off on Tuesday; housing market stays weak, visitor arrivals up but still weak, bonds in hot demand, inflation perceptions high at the margins, swaps and NZD stable, & more
IMF downbeat; US inflation expectations rise; China's property rescue official; South Korea has liquidity crisis; India inflation eases; Aussie floods extreme; UST 10yr 3.87%; gold and oil soft; NZ$1 = 61 USc; TWI-5 = 70
15th Nov 22, 7:19am
113
IMF downbeat; US inflation expectations rise; China's property rescue official; South Korea has liquidity crisis; India inflation eases; Aussie floods extreme; UST 10yr 3.87%; gold and oil soft; NZ$1 = 61 USc; TWI-5 = 70
A review of things you need to know before you sign off on Monday; some minor retail rate changes, service sector healthy, much fundraising, FLP pecked at again, swaps up, NZ holds high, & more
14th Nov 22, 3:59pm
21
A review of things you need to know before you sign off on Monday; some minor retail rate changes, service sector healthy, much fundraising, FLP pecked at again, swaps up, NZ holds high, & more