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
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
Global PMIs rise in April; Japan's inflation stays above 3%; Chile nationalises its lithium industry; eyes on commercial property valuations; UST 10yr 3.57%; gold and oil down; NZ$1 = 61.4 USc; TWI-5 = 69.1
22nd Apr 23, 8:48am
41
Global PMIs rise in April; Japan's inflation stays above 3%; Chile nationalises its lithium industry; eyes on commercial property valuations; UST 10yr 3.57%; gold and oil down; NZ$1 = 61.4 USc; TWI-5 = 69.1
A review of things you need to know before you sign off on Friday; many rate changes, sellers struggle with lower buyer sights, big reduction in mortgage demand, lower tractor sales, swaps slip, NZD softish, & more
21st Apr 23, 3:59pm
40
A review of things you need to know before you sign off on Friday; many rate changes, sellers struggle with lower buyer sights, big reduction in mortgage demand, lower tractor sales, swaps slip, NZD softish, & more
US data weak; Chinese foreign investment shudders to a halt; Taiwan export orders weak; EU sentiment up; German PPI drops; UST 10yr 3.55%; gold up and oil down; NZ$1 = 61.9 USc; TWI-5 = 69.5
21st Apr 23, 7:22am
90
US data weak; Chinese foreign investment shudders to a halt; Taiwan export orders weak; EU sentiment up; German PPI drops; UST 10yr 3.55%; gold up and oil down; NZ$1 = 61.9 USc; TWI-5 = 69.5
A review of things you need to know before you sign off on Thursday; inflation cools sort of, realtor commission income sinks, NZGBs popular, inflation compounds house price falls, swaps lower, NZD lower, & more
20th Apr 23, 3:59pm
51
A review of things you need to know before you sign off on Thursday; inflation cools sort of, realtor commission income sinks, NZGBs popular, inflation compounds house price falls, swaps lower, NZD lower, & more
US economy chugs along ok; big strike in Canada starts; China's EVs can't meet EU carbon standards; eyes on NZ CPI; UST 10yr 3.60%; gold and oil down; NZ$1 = 62.1 USc; TWI-5 = 69.9
20th Apr 23, 7:21am
86
US economy chugs along ok; big strike in Canada starts; China's EVs can't meet EU carbon standards; eyes on NZ CPI; UST 10yr 3.60%; gold and oil down; NZ$1 = 62.1 USc; TWI-5 = 69.9
A review of things you need to know before you sign off on Wednesday; Many retail rate changes, dairy prices rise, Nats roll out rural policy, IAG mum about Gabrielle hit, swaps higher, NZD holds, & more
19th Apr 23, 3:59pm
47
A review of things you need to know before you sign off on Wednesday; Many retail rate changes, dairy prices rise, Nats roll out rural policy, IAG mum about Gabrielle hit, swaps higher, NZD holds, & more
[updated]
ASB makes home loan and term deposit changes, but leaves its floating mortgage rate unchanged. The timid changes reflect a timid housing loan market
19th Apr 23, 9:34am
4
ASB makes home loan and term deposit changes, but leaves its floating mortgage rate unchanged. The timid changes reflect a timid housing loan market
Dairy prices rise; US retail weak but worker earnings outpace inflation; China's GDP growth rises; German sentiment still positive; Aussies go after cheating landlords; UST 10yr 3.58%; gold and oil little-changed; NZ$1 = 62.1USc; TWI-5 = 69.7
19th Apr 23, 7:19am
55
Dairy prices rise; US retail weak but worker earnings outpace inflation; China's GDP growth rises; German sentiment still positive; Aussies go after cheating landlords; UST 10yr 3.58%; gold and oil little-changed; NZ$1 = 62.1USc; TWI-5 = 69.7
A review of things you need to know before you sign off on Tuesday; house prices slide, big new housing project approved, dairy auction awaited nervously, lower settlement balances, swaps up, NZD holds soft, & more
18th Apr 23, 3:59pm
82
A review of things you need to know before you sign off on Tuesday; house prices slide, big new housing project approved, dairy auction awaited nervously, lower settlement balances, swaps up, NZD holds soft, & more
US data surprises with improvements but major risks remain; IMF sees China, India and the US supplying half of global growth; Singapore does its own pro-growth thing; UST 10yr 3.59%; gold and oil lower; NZ$1 = 61.7 USc; TWI-5 = 69.5
18th Apr 23, 7:20am
63
US data surprises with improvements but major risks remain; IMF sees China, India and the US supplying half of global growth; Singapore does its own pro-growth thing; UST 10yr 3.59%; gold and oil lower; NZ$1 = 61.7 USc; TWI-5 = 69.5
A review of things you need to know before you sign off on Monday; no significant rate changes, food prices jump, rents up too, service sector expands except retail, swaps firm, NZD stable, & more
17th Apr 23, 3:59pm
48
A review of things you need to know before you sign off on Monday; no significant rate changes, food prices jump, rents up too, service sector expands except retail, swaps firm, NZD stable, & more
Although most attention is given to mortgage floating rate hikes, savings account rates are being raised at the same time. So what are the changes for bonus savers so far?
17th Apr 23, 10:49am
16
Although most attention is given to mortgage floating rate hikes, savings account rates are being raised at the same time. So what are the changes for bonus savers so far?
China home prices shift up; Belt & Road debts unpayable; Singapore weak; US retail weak but not sentiment; Canada housing turns up; UST 10yr 3.51%; gold and oil stable; NZ$1 = 62.1 USc; TWI-5 = 69.8
17th Apr 23, 7:19am
57
China home prices shift up; Belt & Road debts unpayable; Singapore weak; US retail weak but not sentiment; Canada housing turns up; UST 10yr 3.51%; gold and oil stable; NZ$1 = 62.1 USc; TWI-5 = 69.8
US data mixed; Canada housing markets stop falling; Singapore GDP contracts; OECD sees tight labour markets; NZ in Top 10 best place list; UST 10yr 3.51%; gold down and oil stable; NZ$1 = 62 USc; TWI-5 = 69.8
15th Apr 23, 8:19am
12
US data mixed; Canada housing markets stop falling; Singapore GDP contracts; OECD sees tight labour markets; NZ in Top 10 best place list; UST 10yr 3.51%; gold down and oil stable; NZ$1 = 62 USc; TWI-5 = 69.8
A review of things you need to know before you sign off on Friday; minor retail rate changes, visitor recovery stagnates, immigration rises, more construction cranes, weak PMI, swaps stable, NZD firm, & more
14th Apr 23, 3:59pm
37
A review of things you need to know before you sign off on Friday; minor retail rate changes, visitor recovery stagnates, immigration rises, more construction cranes, weak PMI, swaps stable, NZD firm, & more
Term deposit rate increases are starting to filter through although they are limp new offers with banks falling further behind the OCR policy signals
14th Apr 23, 12:50pm
40
Term deposit rate increases are starting to filter through although they are limp new offers with banks falling further behind the OCR policy signals
US jobless claims rise, PPI falls; China's debt problem hits one province hard; Chinese exports in surprising jump; Aussie jobs strong, inflation expectations stay high; UST 10yr 3.45%; gold up and oil down; NZ$1 = 63.1 USc; TWI-5 = 70.5
14th Apr 23, 7:19am
59
US jobless claims rise, PPI falls; China's debt problem hits one province hard; Chinese exports in surprising jump; Aussie jobs strong, inflation expectations stay high; UST 10yr 3.45%; gold up and oil down; NZ$1 = 63.1 USc; TWI-5 = 70.5
[updated]
First ANZ and now Westpac have moved up on many home loan rates following the OCR hike - but Westpac has cut some longer fixed rates, and quite hard
13th Apr 23, 4:27pm
35
First ANZ and now Westpac have moved up on many home loan rates following the OCR hike - but Westpac has cut some longer fixed rates, and quite hard
A review of things you need to know before you sign off on Thursday; many retail rate changes, overseas works rush in, Fisher dumps performance fees, swaps stay firm, NZD soft, & more
13th Apr 23, 3:59pm
25
A review of things you need to know before you sign off on Thursday; many retail rate changes, overseas works rush in, Fisher dumps performance fees, swaps stay firm, NZD soft, & more
US CPI inflation eases but the Fed remains staunch; Canada holds rate at 4.5%; Japanese data positive; Indian data positive; UST 10yr 3.41%; gold and oil firm again; NZ$1 = 62.2 USc; TWI-5 = 69.9
13th Apr 23, 7:21am
56
US CPI inflation eases but the Fed remains staunch; Canada holds rate at 4.5%; Japanese data positive; Indian data positive; UST 10yr 3.41%; gold and oil firm again; NZ$1 = 62.2 USc; TWI-5 = 69.9
[updated]
NZ's largest bank raises fixed and floating home loan rates, savings account rates, and term deposit rates in a broad response to the recent RBNZ OCR rises
12th Apr 23, 4:34pm
42
NZ's largest bank raises fixed and floating home loan rates, savings account rates, and term deposit rates in a broad response to the recent RBNZ OCR rises
[updated]
A review of things you need to know before you sign off on Wednesday; still no major rate changes, retail sales rise weak, FMA wins against market manipulators, house prices slide faster, more CCCFA changes, swaps firm, NZD soft, & more
12th Apr 23, 3:41pm
37
A review of things you need to know before you sign off on Wednesday; still no major rate changes, retail sales rise weak, FMA wins against market manipulators, house prices slide faster, more CCCFA changes, swaps firm, NZD soft, & more