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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
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The red bank raises rates for both borrowers and savers, following ASB, passing on the RBNZ policy rate increase
25th May 23, 4:00pm
1
The red bank raises rates for both borrowers and savers, following ASB, passing on the RBNZ policy rate increase
A review of things you need to know before you sign off on Thursday; Fonterra cuts milk payout; Tower tightens hazard coverage, NZGB bond yields up, ComCom says shopping around can save big, swaps up, NZD down, & more
25th May 23, 3:59pm
143
A review of things you need to know before you sign off on Thursday; Fonterra cuts milk payout; Tower tightens hazard coverage, NZGB bond yields up, ComCom says shopping around can save big, swaps up, NZD down, & more
McCarthy takes the US Government hostage; US mortgage applications fall as rate rise on risk; FOMC wavers; Japan rises; EU tackles broker conflicts again; UST 10yr 3.73%; gold soft and oil firm; NZ$1 = 61 USc; TWI-5 = 69.9
25th May 23, 7:25am
157
McCarthy takes the US Government hostage; US mortgage applications fall as rate rise on risk; FOMC wavers; Japan rises; EU tackles broker conflicts again; UST 10yr 3.73%; gold soft and oil firm; NZ$1 = 61 USc; TWI-5 = 69.9
A review of things you need to know before you sign off on Wednesday; retail rates rise almost immediately the OCR rises, last OCR rise in a while says RBNZ, pain in housing extends, retail sales shrink, swaps drop, NZD drops, & more
24th May 23, 3:58pm
85
A review of things you need to know before you sign off on Wednesday; retail rates rise almost immediately the OCR rises, last OCR rise in a while says RBNZ, pain in housing extends, retail sales shrink, swaps drop, NZD drops, & more
US data weaker as debt decisions awaited; Canada PPI falling; Japan on the rise; other East Asian nations holding on fine; Aussie PMIs weak; UST 10yr 3.70%; gold unchanged and oil firm; NZ$1 = 62.5 USc; TWI-5 = 71.2
24th May 23, 7:19am
79
US data weaker as debt decisions awaited; Canada PPI falling; Japan on the rise; other East Asian nations holding on fine; Aussie PMIs weak; UST 10yr 3.70%; gold unchanged and oil firm; NZ$1 = 62.5 USc; TWI-5 = 71.2
[updated]
A review of things you need to know before you sign off on Tuesday; truckometer weaker, electricity stress coming, BNZ bolsters its capital, not a good idea to ignore the FMA, swaps move up again, NZD firm, & more
23rd May 23, 3:59pm
130
A review of things you need to know before you sign off on Tuesday; truckometer weaker, electricity stress coming, BNZ bolsters its capital, not a good idea to ignore the FMA, swaps move up again, NZD firm, & more
US debt deal still unresolved; China struggles with local government debt; Japan and Taiwan data weakish; Sydney house prices booming again; UST 10yr 3.71%; gold soft and oil firm; NZ$1 = 62.8 USc; TWI-5 = 71.4
23rd May 23, 7:20am
69
US debt deal still unresolved; China struggles with local government debt; Japan and Taiwan data weakish; Sydney house prices booming again; UST 10yr 3.71%; gold soft and oil firm; NZ$1 = 62.8 USc; TWI-5 = 71.4
A review of things you need to know before you sign off on Monday; banking goes 24/7, jail for tax crime, livestock numbers fall, consumers not convinced inflation is falling, swaps on hold, NZD stable, & more
22nd May 23, 3:58pm
84
A review of things you need to know before you sign off on Monday; banking goes 24/7, jail for tax crime, livestock numbers fall, consumers not convinced inflation is falling, swaps on hold, NZD stable, & more
Eyes on the RBNZ; Chinese yuan weaker with other markers; Japanese inflation rising; US Fed open to a pause; ECB reassesses deposit insurance; BNPL to be regulated in Australia; UST 10yr 3.69%; gold and oil firm; NZ$1 = 62.7 USc; TWI-5 = 71.3
22nd May 23, 7:19am
68
Eyes on the RBNZ; Chinese yuan weaker with other markers; Japanese inflation rising; US Fed open to a pause; ECB reassesses deposit insurance; BNPL to be regulated in Australia; UST 10yr 3.69%; gold and oil firm; NZ$1 = 62.7 USc; TWI-5 = 71.3
Mixed signals from the US; Chinese yuan devalues; Japanese inflation rises; German PPI eases; travel to Australia from China weak; UST 10yr 3.69%; gold up and oil stable; NZ$1 = 62.8 USc; TWI-5 = 71.3
20th May 23, 8:47am
35
Mixed signals from the US; Chinese yuan devalues; Japanese inflation rises; German PPI eases; travel to Australia from China weak; UST 10yr 3.69%; gold up and oil stable; NZ$1 = 62.8 USc; TWI-5 = 71.3
A review of things you need to know before you sign off on Friday; DTIs fall sharply, Census struggles, households a tax target, April trade surplus, no credit card stress yet, swaps jump, NZD firm, & more
19th May 23, 3:58pm
62
A review of things you need to know before you sign off on Friday; DTIs fall sharply, Census struggles, households a tax target, April trade surplus, no credit card stress yet, swaps jump, NZD firm, & more
US data better except house sales; Australian jobless rate rises; freight rates ease again; air travel markets eye huge growth; UST 10yr 3.66%; gold and oil down; NZ$1 = 62.1 USc; TWI-5 = 70.8
19th May 23, 7:24am
85
US data better except house sales; Australian jobless rate rises; freight rates ease again; air travel markets eye huge growth; UST 10yr 3.66%; gold and oil down; NZ$1 = 62.1 USc; TWI-5 = 70.8
A review of things you need to know before you sign off on Thursday; insurance incentives, ASB raises TD rates, more Budget borrowing, PPI rises slow fast, Xero cash flows in, swaps up, NZD firm, & more
18th May 23, 4:00pm
93
A review of things you need to know before you sign off on Thursday; insurance incentives, ASB raises TD rates, more Budget borrowing, PPI rises slow fast, Xero cash flows in, swaps up, NZD firm, & more
US second tier data weak but fears ease on debt limit, banking stress; China house prices and FDI weak; Japanese growth better; Aussie wages go backwards; UST 10yr 3.58%; gold down and oil up; NZ$1 = 62.6 USc; TWI-5 = 71
18th May 23, 7:19am
118
US second tier data weak but fears ease on debt limit, banking stress; China house prices and FDI weak; Japanese growth better; Aussie wages go backwards; UST 10yr 3.58%; gold down and oil up; NZ$1 = 62.6 USc; TWI-5 = 71
A review of things you need to know before you sign off on Wednesday; BNZ trims mortgage rates, dairy prices soft, home loan affordability for April, fewer tractors, swaps higher, NZD holds & more
17th May 23, 3:59pm
37
A review of things you need to know before you sign off on Wednesday; BNZ trims mortgage rates, dairy prices soft, home loan affordability for April, fewer tractors, swaps higher, NZD holds & more
Dairy prices hesitate; US retail growth weak; US factories busier, home builders confident; China retail bounces back; sentiment slumps in Australia; UST 10yr 3.55%; gold and oil down; NZ$1 = 62.3 USc; TWI-5 = 70.5
17th May 23, 7:23am
150
Dairy prices hesitate; US retail growth weak; US factories busier, home builders confident; China retail bounces back; sentiment slumps in Australia; UST 10yr 3.55%; gold and oil down; NZ$1 = 62.3 USc; TWI-5 = 70.5
A review of things you need to know before you sign off on Tuesday; no retail rate changes, Westpac's forecast moves financial markets, ponzis and fraud cases, swaps rise, NZD rises, & more
16th May 23, 3:58pm
74
A review of things you need to know before you sign off on Tuesday; no retail rate changes, Westpac's forecast moves financial markets, ponzis and fraud cases, swaps rise, NZD rises, & more
US factory data weak; Canadian house building data strong; Japan PPI rise eases, machine tool orders fall; China caves on trade dispute with Australia; UST 10yr 3.50%; gold and oil up; NZ$1 = 62.4 USc; TWI-5 = 70.4
16th May 23, 7:24am
78
US factory data weak; Canadian house building data strong; Japan PPI rise eases, machine tool orders fall; China caves on trade dispute with Australia; UST 10yr 3.50%; gold and oil up; NZ$1 = 62.4 USc; TWI-5 = 70.4
A review of things you need to know before you sign off on Monday; minor retail rate changes, service sector turns sour suddenly, new builds in Auckland peak, swaps up, NZ stable, & more
15th May 23, 4:00pm
68
A review of things you need to know before you sign off on Monday; minor retail rate changes, service sector turns sour suddenly, new builds in Auckland peak, swaps up, NZ stable, & more
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