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 Wednesday; some late rate changes, fatter bank margins, vanishing investor demand, end of the housing shortage?, swaps rise again, NZD holds, & more
24th Aug 22, 3:59pm
29
A review of things you need to know before you sign off on Wednesday; some late rate changes, fatter bank margins, vanishing investor demand, end of the housing shortage?, swaps rise again, NZD holds, & more
US data generally weaker, labour market softens; Japan's service sector contracts; inflation up but activity down in Asia region; Aussie PMIs weaker; UST 10yr 3.05%; gold and oil up; NZ$1 = 62.1 USc; TWI-5 = 71.3
24th Aug 22, 7:28am
57
US data generally weaker, labour market softens; Japan's service sector contracts; inflation up but activity down in Asia region; Aussie PMIs weaker; UST 10yr 3.05%; gold and oil up; NZ$1 = 62.1 USc; TWI-5 = 71.3
A review of things you need to know before you sign off on Tuesday; all big banks have now pushed through their floating rate increases, no sign of mortgage stress, auction rooms quiet, swaps rise & steepen, NZD stable, & more
23rd Aug 22, 3:59pm
61
A review of things you need to know before you sign off on Tuesday; all big banks have now pushed through their floating rate increases, no sign of mortgage stress, auction rooms quiet, swaps rise & steepen, NZD stable, & more
Although most attention is given to mortgage floating rate hikes, savings account rates are being raised at the same time. We assess the changes to bonus savers so far
23rd Aug 22, 2:27pm
2
Although most attention is given to mortgage floating rate hikes, savings account rates are being raised at the same time. We assess the changes to bonus savers so far
China's drought hurt extends; China cuts rates; Taiwan export orders fall; Chicago Fed's NAI rises; focus on Powell becomes excessive; UST 10yr 3.04%; gold down and oil little-changed; NZ$1 = 61.6 USc; TWI-5 = 70.9
23rd Aug 22, 7:19am
58
China's drought hurt extends; China cuts rates; Taiwan export orders fall; Chicago Fed's NAI rises; focus on Powell becomes excessive; UST 10yr 3.04%; gold down and oil little-changed; NZ$1 = 61.6 USc; TWI-5 = 70.9
A review of things you need to know before you sign off on Monday; more rate changes, Kiwibank's ownership simplified, Visa pushes against fraud, China cuts rates, swaps rise, NZD holds, & more
22nd Aug 22, 3:59pm
36
A review of things you need to know before you sign off on Monday; more rate changes, Kiwibank's ownership simplified, Visa pushes against fraud, China cuts rates, swaps rise, NZD holds, & more
ASB and The Co-operative Bank make mortgage rate changes, and some savings account changes. There are small variations between institutions that open up some opportunities
22nd Aug 22, 10:30am
31
ASB and The Co-operative Bank make mortgage rate changes, and some savings account changes. There are small variations between institutions that open up some opportunities
ADB to stop funding Chinese projects; Japan's inflation rises; eyes on Jackson Hole; eyes on US corn crop; beef and lamb prices rise to records as carbon price rises; UST 10yr 2.97%; gold up and oil little-changed; NZ$1 = 61.7 USc; TWI-5 = 70.8
22nd Aug 22, 7:19am
33
ADB to stop funding Chinese projects; Japan's inflation rises; eyes on Jackson Hole; eyes on US corn crop; beef and lamb prices rise to records as carbon price rises; UST 10yr 2.97%; gold up and oil little-changed; NZ$1 = 61.7 USc; TWI-5 = 70.8
Fed to live test a soft-landing; Canada retail slips; China FDI swells; Japan inflation up; Aussie renewables rise; meat prices jump; carbon prices up too; UST 10yr 2.97%; gold and oil down; NZ$1 = 61.7 USc; TWI-5 = 70.8
20th Aug 22, 8:42am
40
Fed to live test a soft-landing; Canada retail slips; China FDI swells; Japan inflation up; Aussie renewables rise; meat prices jump; carbon prices up too; UST 10yr 2.97%; gold and oil down; NZ$1 = 61.7 USc; TWI-5 = 70.8
[updated]
A review of things you need to know before you sign off on Friday; ANZ raises its floating rates, trade balance deteriorates, credit cards in funk, yield curve goes flat, swaps stable, NZD holds, & more
19th Aug 22, 3:59pm
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A review of things you need to know before you sign off on Friday; ANZ raises its floating rates, trade balance deteriorates, credit cards in funk, yield curve goes flat, swaps stable, NZD holds, & more
US data continues impressive run; China battles heat, drought and property woes; EU inflation past peak; Turkey acts oddly again; Aussie jobless rate falls; UST 10yr 2.88%; gold down and oil up; NZ$1 = 62.6 USc; TWI-5 = 71.4
19th Aug 22, 7:23am
104
US data continues impressive run; China battles heat, drought and property woes; EU inflation past peak; Turkey acts oddly again; Aussie jobless rate falls; UST 10yr 2.88%; gold down and oil up; NZ$1 = 62.6 USc; TWI-5 = 71.4
[updated]
A review of things you need to know before you sign off on Thursday; few rate changes following OCR, Kiwibank profit up, storm relief offered, NZGB yields rise, swaps up, NZD down & more
18th Aug 22, 3:59pm
30
A review of things you need to know before you sign off on Thursday; few rate changes following OCR, Kiwibank profit up, storm relief offered, NZGB yields rise, swaps up, NZD down & more
The US Fed wants to see the evidence; US retail sales disappoint; heat & drought bite China harder; Norway loses NZ's GDP & more; UK inflation over 10%; UST 10yr 2.89%; gold down and oil up; NZ$1 = 62.7 USc; TWI-5 = 71.3
18th Aug 22, 7:20am
58
The US Fed wants to see the evidence; US retail sales disappoint; heat & drought bite China harder; Norway loses NZ's GDP & more; UK inflation over 10%; UST 10yr 2.89%; gold down and oil up; NZ$1 = 62.7 USc; TWI-5 = 71.3
A review of things you need to know before you sign off on Wednesday; OCR rises for a fourth straight time, Kiwibank reacts first, rural real estate sluggish, producer prices high, swaps firm, NZD holds, & more
17th Aug 22, 3:59pm
49
A review of things you need to know before you sign off on Wednesday; OCR rises for a fourth straight time, Kiwibank reacts first, rural real estate sluggish, producer prices high, swaps firm, NZD holds, & more
[updated]
Following a fourth consecutive 50 bps RBNZ OCR hike accompanied by a not-so-hawkish outlook, banks have started to raise their floating rates - the first from Kiwibank, then ANZ
17th Aug 22, 2:55pm
18
Following a fourth consecutive 50 bps RBNZ OCR hike accompanied by a not-so-hawkish outlook, banks have started to raise their floating rates - the first from Kiwibank, then ANZ
Dairy prices slip again; US retail up, industrial production up; Canada CPI down; German sentiment down; China suffers heat and low rainfall; UST 10yr 2.82%; gold and oil drop; NZ$1 = 63.4 USc; TWI-5 = 71.9
17th Aug 22, 7:26am
49
Dairy prices slip again; US retail up, industrial production up; Canada CPI down; German sentiment down; China suffers heat and low rainfall; UST 10yr 2.82%; gold and oil drop; NZ$1 = 63.4 USc; TWI-5 = 71.9
A review of things you need to know before you sign off on Tuesday; housing markets at turning point; population becalmed & older, house building out of steam; dairy prices in focus, swaps await RBNZ signals, NZD slips, & more
16th Aug 22, 3:59pm
76
A review of things you need to know before you sign off on Tuesday; housing markets at turning point; population becalmed & older, house building out of steam; dairy prices in focus, swaps await RBNZ signals, NZD slips, & more
China falsely accuses NZ of FMD risk; US data wavers, Japan data improves; China data weak bringing surprise rate cut; UST 10yr 2.79%; gold and oil drop; NZ$1 = 63.7 USc; TWI-5 = 72.1
16th Aug 22, 7:05am
57
China falsely accuses NZ of FMD risk; US data wavers, Japan data improves; China data weak bringing surprise rate cut; UST 10yr 2.79%; gold and oil drop; NZ$1 = 63.7 USc; TWI-5 = 72.1
A review of things you need to know before you sign off on Monday; some more home loan rate cuts, service sector weakens; Fisher catches Kiwi Wealth; Japan expands; China struggles, cuts a rate. swaps hold, NZD slips slightly, & more
15th Aug 22, 3:59pm
18
A review of things you need to know before you sign off on Monday; some more home loan rate cuts, service sector weakens; Fisher catches Kiwi Wealth; Japan expands; China struggles, cuts a rate. swaps hold, NZD slips slightly, & more
As rules tighten for banks and fewer borrowers can meet bank lending standards, non-bank lenders find more takers with their 'flexible' offers
15th Aug 22, 12:14pm
12
As rules tighten for banks and fewer borrowers can meet bank lending standards, non-bank lenders find more takers with their 'flexible' offers
New Chinese bank lending sags; global industrial production up; Russian economy down; US consumer optimism rising; Aussie new home sales dive; UST 10yr 2.84%; gold up and oil unchanged; NZ$1 = 64.5 USc; TWI-5 = 72.7
15th Aug 22, 7:19am
47
New Chinese bank lending sags; global industrial production up; Russian economy down; US consumer optimism rising; Aussie new home sales dive; UST 10yr 2.84%; gold up and oil unchanged; NZ$1 = 64.5 USc; TWI-5 = 72.7
US sentiment improves; world grain crisis eases; Chinese banks lend less than expected; industrial production rises everywhere (except Russia); Aussie new home sales tank; UST 10yr 2.84%; gold up and oil down; NZ$1 = 64.5 USc; TWI-5 = 72.7
13th Aug 22, 8:31am
41
US sentiment improves; world grain crisis eases; Chinese banks lend less than expected; industrial production rises everywhere (except Russia); Aussie new home sales tank; UST 10yr 2.84%; gold up and oil down; NZ$1 = 64.5 USc; TWI-5 = 72.7
A review of things you need to know before you sign off on Friday; in perpetuity tax break, food prices stay high, households not worried, PMI records noise, online spending falls, swaps up, NZD up, & more
12th Aug 22, 3:59pm
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A review of things you need to know before you sign off on Friday; in perpetuity tax break, food prices stay high, households not worried, PMI records noise, online spending falls, swaps up, NZD up, & more
US PPI dips; US petrol prices fall; Fed to keep pressure on; China car sales surge; Singapore stumbles; Aussie inflation expectations slip; freight rates dip; UST 10yr 2.88%; gold down and oil up; NZ$1 = 64.3 USc; TWI-5 = 72.3
12th Aug 22, 7:28am
71
US PPI dips; US petrol prices fall; Fed to keep pressure on; China car sales surge; Singapore stumbles; Aussie inflation expectations slip; freight rates dip; UST 10yr 2.88%; gold down and oil up; NZ$1 = 64.3 USc; TWI-5 = 72.3
[updated]
A review of things you need to know before you sign off on Thursday; challenger banks lower home loan rates, house prices drop on very low sales volumes, swaps rise, NZD rises, & more
11th Aug 22, 3:59pm
85
A review of things you need to know before you sign off on Thursday; challenger banks lower home loan rates, house prices drop on very low sales volumes, swaps rise, NZD rises, & more