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
Elections in the balance; China misfires; India slows; US sentiment sags on debt-ceiling struggle; China and Australia try to make up; UST 10yr 3.46%; gold and oil unchanged; NZ$1 = 61.9 USc; TWI-5 = 70.1
15th May 23, 7:19am
68
Elections in the balance; China misfires; India slows; US sentiment sags on debt-ceiling struggle; China and Australia try to make up; UST 10yr 3.46%; gold and oil unchanged; NZ$1 = 61.9 USc; TWI-5 = 70.1
The US debt ceiling standoff risks grow; Canadian credit conditions tight; Chinese credit demand sinks; India's factory output hesitates; PwC Australia in big trouble; UST 10yr 3.46%; gold and oil down; NZ$1 = 61.9 USc; TWI-5 = 70.1
13th May 23, 8:23am
75
The US debt ceiling standoff risks grow; Canadian credit conditions tight; Chinese credit demand sinks; India's factory output hesitates; PwC Australia in big trouble; UST 10yr 3.46%; gold and oil down; NZ$1 = 61.9 USc; TWI-5 = 70.1
A review of things you need to know before you sign off on Friday; retail rates rise & fall, PMI still contracting, tourist arrivals shift to India & China, inflation expectations reduce, swaps down, NZD eases, & more
12th May 23, 4:00pm
46
A review of things you need to know before you sign off on Friday; retail rates rise & fall, PMI still contracting, tourist arrivals shift to India & China, inflation expectations reduce, swaps down, NZD eases, & more
US jobless claims rise; US producer price pressures ease; China CPI inflation vanishes; China PPI deflates; England raises rates again; Aussie inflation expectations rise; UST 10yr 3.40%; gold and oil down; NZ$1 = 63 USc; TWI-5 = 70.9
12th May 23, 7:20am
28
US jobless claims rise; US producer price pressures ease; China CPI inflation vanishes; China PPI deflates; England raises rates again; Aussie inflation expectations rise; UST 10yr 3.40%; gold and oil down; NZ$1 = 63 USc; TWI-5 = 70.9
Three banks now offer 6% for a one year term deposit. That is the current peak offer point. However it isn't clear that the majors will follow
12th May 23, 5:01am
36
Three banks now offer 6% for a one year term deposit. That is the current peak offer point. However it isn't clear that the majors will follow
[updated]
A review of things you need to know before you sign off on Thursday; housing sales slump in April, food costs jump in April, less concrete poured, NZGB bond yields rise, swaps lower, NZD higher, & more
11th May 23, 3:58pm
74
A review of things you need to know before you sign off on Thursday; housing sales slump in April, food costs jump in April, less concrete poured, NZGB bond yields rise, swaps lower, NZD higher, & more
American CPI inflation eases; US Federal deficit worsens; China struggles with food and debt policies; G7 seeks much tougher AML regulation of cryptos; UST 10yr 3.45%; gold and oil down; NZ$1 = 63.5 USc; TWI-5 = 71.2
11th May 23, 7:26am
66
American CPI inflation eases; US Federal deficit worsens; China struggles with food and debt policies; G7 seeks much tougher AML regulation of cryptos; UST 10yr 3.45%; gold and oil down; NZ$1 = 63.5 USc; TWI-5 = 71.2
A review of things you need to know before you sign off on Wednesday; some call rates getting up there; grim outlook for residential construction; Auckland Council in tougher spot; swaps & NZD stalled, & more
10th May 23, 3:58pm
61
A review of things you need to know before you sign off on Wednesday; some call rates getting up there; grim outlook for residential construction; Auckland Council in tougher spot; swaps & NZD stalled, & more
American sentiment weak but Boeing nabs big order; Fed worries about commercial property risks; Chinese exports strong, SME sentiment weak; Aussie Budget released; UST 10yr 3.52%; gold and oil up; NZ$1 = 63.3 USc; TWI-5 = 71
10th May 23, 7:18am
101
American sentiment weak but Boeing nabs big order; Fed worries about commercial property risks; Chinese exports strong, SME sentiment weak; Aussie Budget released; UST 10yr 3.52%; gold and oil up; NZ$1 = 63.3 USc; TWI-5 = 71
[updated]
A review of things you need to know before you sign off on Tuesday; dwelling values fall faster, retail spending up, small fine & big costs, fast tax rises, swaps up, NZD up, & more
9th May 23, 4:00pm
44
A review of things you need to know before you sign off on Tuesday; dwelling values fall faster, retail spending up, small fine & big costs, fast tax rises, swaps up, NZD up, & more
US inflation expectations ease; US credit harder to access; Taiwan exports rise; Japan's service sector healthy; eyes on Australian Budget; UST 10yr 3.52%; gold and oil up; NZ$1 = 63.5 USc; TWI-5 = 71.1
9th May 23, 7:19am
47
US inflation expectations ease; US credit harder to access; Taiwan exports rise; Japan's service sector healthy; eyes on Australian Budget; UST 10yr 3.52%; gold and oil up; NZ$1 = 63.5 USc; TWI-5 = 71.1
A review of things you need to know before you sign off on Monday; Westpac's profit slips, insurers hit hard, more storms imminent, more corporate bond issues, swaps up, NZD holds, & more
8th May 23, 4:00pm
29
A review of things you need to know before you sign off on Monday; Westpac's profit slips, insurers hit hard, more storms imminent, more corporate bond issues, swaps up, NZD holds, & more
Global food prices rise; China's service sector expands; US labour market strong again; EU retail weak; eyes on Australian Budget; UST 10yr 3.44%; gold up and oil unchanged; NZ$1 = 62.9 USc; TWI-5 = 70.6
8th May 23, 7:20am
83
Global food prices rise; China's service sector expands; US labour market strong again; EU retail weak; eyes on Australian Budget; UST 10yr 3.44%; gold up and oil unchanged; NZ$1 = 62.9 USc; TWI-5 = 70.6
US payrolls grow more than expected; US consumer debt rises; China's services sector expanding; Singapore dips; German factory orders dive; UST 10yr 3.44%; gold down and oil up; NZ$1 = 63 USc; TWI-5 = 70.6
6th May 23, 8:44am
32
US payrolls grow more than expected; US consumer debt rises; China's services sector expanding; Singapore dips; German factory orders dive; UST 10yr 3.44%; gold down and oil up; NZ$1 = 63 USc; TWI-5 = 70.6
A review of things you need to know before you sign off on Friday; some TD tweaks, ANZ reports big profit, Aussie home lending turns up, HSBC's breakup vote due, swaps slip, NZD rises, & more
5th May 23, 3:59pm
48
A review of things you need to know before you sign off on Friday; some TD tweaks, ANZ reports big profit, Aussie home lending turns up, HSBC's breakup vote due, swaps slip, NZD rises, & more
American labour markets stay resilient; US exports rise; China's factories not expanding; ECB hikes another +25 bps; Australian trade surplus huge again; UST 10yr 3.37%; gold up and oil holds low; NZ$1 = 63 USc; TWI-5 = 70.7
5th May 23, 7:25am
149
American labour markets stay resilient; US exports rise; China's factories not expanding; ECB hikes another +25 bps; Australian trade surplus huge again; UST 10yr 3.37%; gold up and oil holds low; NZ$1 = 63 USc; TWI-5 = 70.7
[updated]
A review of things you need to know before you sign off on Thursday; building consent levels soft, Govt bonds in hot demand, commodity prices sag, BNZ shines, swaps and NZD on hold, & more
4th May 23, 3:59pm
42
A review of things you need to know before you sign off on Thursday; building consent levels soft, Govt bonds in hot demand, commodity prices sag, BNZ shines, swaps and NZD on hold, & more
New Zealand wholesale rates curves have suddenly twisted to be as inverted as they were during the GFC. This may last until inflation is beaten
4th May 23, 10:12am
13
New Zealand wholesale rates curves have suddenly twisted to be as inverted as they were during the GFC. This may last until inflation is beaten
[updated]
The US Fed raises its policy rate to a 16 year high; US data positive; India service sector humming; EU jobless rate at record low; air cargo volumes ease; UST 10yr 3.40%; gold up and oil down further; NZ$1 = 62.4 USc; TWI-5 = 70.3
4th May 23, 7:19am
48
The US Fed raises its policy rate to a 16 year high; US data positive; India service sector humming; EU jobless rate at record low; air cargo volumes ease; UST 10yr 3.40%; gold up and oil down further; NZ$1 = 62.4 USc; TWI-5 = 70.3
[updated]
A review of things you need to know before you sign off on Wednesday; property values slide, labour market stays very tight, poor resilience, FSR released, retailing weak, swaps on hold, NZD firm, & more
3rd May 23, 3:59pm
64
A review of things you need to know before you sign off on Wednesday; property values slide, labour market stays very tight, poor resilience, FSR released, retailing weak, swaps on hold, NZD firm, & more
Dairy prices rise; US regional banks take a hammering; US data dour ahead of US Fed meeting; China's bad air returns; Hong Kong grows again; RBA center of frustrations; UST 10yr 3.53%; gold up and oil down; NZ$1 = 62.1 USc; TWI-5 = 70.1
3rd May 23, 7:23am
66
Dairy prices rise; US regional banks take a hammering; US data dour ahead of US Fed meeting; China's bad air returns; Hong Kong grows again; RBA center of frustrations; UST 10yr 3.53%; gold up and oil down; NZ$1 = 62.1 USc; TWI-5 = 70.1
[updated]
A review of things you need to know before you sign off on Tuesday; some rate changes, Barfoots glum, Kiwibank seeks tier 2 capital, fewer car sales, fewer clean car discounts, eyes on RBA, swaps jump, NZD stable, & more
2nd May 23, 3:59pm
66
A review of things you need to know before you sign off on Tuesday; some rate changes, Barfoots glum, Kiwibank seeks tier 2 capital, fewer car sales, fewer clean car discounts, eyes on RBA, swaps jump, NZD stable, & more
Deposit insurance coverage under review; global PMIs mixed; commodities weaker on China prospects; eyes on RBA; UST 10yr 3.58%; gold and oil down; NZ$1 = 61.7 USc; TWI-5 = 69.8
2nd May 23, 7:22am
79
Deposit insurance coverage under review; global PMIs mixed; commodities weaker on China prospects; eyes on RBA; UST 10yr 3.58%; gold and oil down; NZ$1 = 61.7 USc; TWI-5 = 69.8
[updated]
A review of things you need to know before you sign off on Monday; households suffer higher inflation, mortgage interest at record highs, housing market slumps, credit stress stirs, swaps stable, NZD little-changed, & more
1st May 23, 3:59pm
103
A review of things you need to know before you sign off on Monday; households suffer higher inflation, mortgage interest at record highs, housing market slumps, credit stress stirs, swaps stable, NZD little-changed, & more
The US Fed gives itself an uppercut over SVB; US PCE inflation falls; consumer sentiment rises; China on Golden Week after weak April PMI; Japan mulls end of QE; UST 10yr 3.55%; gold up and oil down; NZ$1 = 61.9 USc; TWI-5 = 69.5
1st May 23, 7:19am
45
The US Fed gives itself an uppercut over SVB; US PCE inflation falls; consumer sentiment rises; China on Golden Week after weak April PMI; Japan mulls end of QE; UST 10yr 3.55%; gold up and oil down; NZ$1 = 61.9 USc; TWI-5 = 69.5