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 Monday; household deposit review, mortgage risk from floods, more green bonds, China starts 2023 on dour note, swaps lower, NZD stable, & more
27th Mar 23, 3:59pm
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A review of things you need to know before you sign off on Monday; household deposit review, mortgage risk from floods, more green bonds, China starts 2023 on dour note, swaps lower, NZD stable, & more
Savers moved their deposits aggressively during the pandemic. Now the pandemic has passed and they remember how to do it, does that risk other more destabilising shifts out of the banking system?
27th Mar 23, 11:26am
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Savers moved their deposits aggressively during the pandemic. Now the pandemic has passed and they remember how to do it, does that risk other more destabilising shifts out of the banking system?
ALP gets another big win in Aussie politics; Europe worried about Deutsche Bank; US data mixed but banking turmoil runs on; IMF notes global risks rising; UST 10yr 3.37%; gold and oil unchanged; NZ$1 = 62 USc; TWI-5 = 70.1
27th Mar 23, 7:19am
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ALP gets another big win in Aussie politics; Europe worried about Deutsche Bank; US data mixed but banking turmoil runs on; IMF notes global risks rising; UST 10yr 3.37%; gold and oil unchanged; NZ$1 = 62 USc; TWI-5 = 70.1
US expansion points to more rate hikes; Japanese inflation eases as economy expands; Singapore struggles; EU up but worries about banks grow; UST 10yr 3.37%; gold and oil down; NZ$1 = 62 USc; TWI-5 = 70.1
25th Mar 23, 8:27am
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US expansion points to more rate hikes; Japanese inflation eases as economy expands; Singapore struggles; EU up but worries about banks grow; UST 10yr 3.37%; gold and oil down; NZ$1 = 62 USc; TWI-5 = 70.1
A review of things you need to know before you sign off on Friday; TSB raises rates, student apartment market rises, more milk payout forecasts cut, mortgage lending stunted, swaps hold, NZD holds, & more
24th Mar 23, 3:59pm
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A review of things you need to know before you sign off on Friday; TSB raises rates, student apartment market rises, more milk payout forecasts cut, mortgage lending stunted, swaps hold, NZD holds, & more
US labour market stays strong; US new home sales up; Canada's population grows fast; Europe banks follow the Fed; freight rates fall again; UST 10yr 3.44%; gold up and oil down; NZ$1 = 62.9 USc; TWI-5 = 70.6
24th Mar 23, 7:27am
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US labour market stays strong; US new home sales up; Canada's population grows fast; Europe banks follow the Fed; freight rates fall again; UST 10yr 3.44%; gold up and oil down; NZ$1 = 62.9 USc; TWI-5 = 70.6
[updated]
A review of things you need to know before you sign off on Thursday; many retail rate changes, Truckometer spinning, rental affordability worse than home loan affordability, ETS under review, swaps stay down, NZD firm, & more
23rd Mar 23, 3:59pm
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A review of things you need to know before you sign off on Thursday; many retail rate changes, Truckometer spinning, rental affordability worse than home loan affordability, ETS under review, swaps stay down, NZD firm, & more
Fed stays focused on inflation-fighting; US landlords wavering; Hong Kong gets liquidity stress; UK inflation stays high; ASIC warns fund managers to keep valuations current; UST 10yr 3.55%; gold and oil up; NZ$1 = 62.5 USc; TWI-5 = 70.4
23rd Mar 23, 7:21am
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Fed stays focused on inflation-fighting; US landlords wavering; Hong Kong gets liquidity stress; UK inflation stays high; ASIC warns fund managers to keep valuations current; UST 10yr 3.55%; gold and oil up; NZ$1 = 62.5 USc; TWI-5 = 70.4
A review of things you need to know before you sign off on Wednesday; ANZ & Kiwibank raise savings & borrowing rates, dairy prices slip, consumer sentiment stays very low, jail for corruption, swaps up, NZD down, & more
22nd Mar 23, 3:59pm
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A review of things you need to know before you sign off on Wednesday; ANZ & Kiwibank raise savings & borrowing rates, dairy prices slip, consumer sentiment stays very low, jail for corruption, swaps up, NZD down, & more
Risk back on in global markets; dairy prices fall again; US home sales in unexpected spurt; China gets flu surge; APRA looks for crypto exposures at banks; UST 10yr 3.59%; gold down and oil up; NZ$1 = 61.7 USc; TWI-5 = 69.9
22nd Mar 23, 7:18am
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Risk back on in global markets; dairy prices fall again; US home sales in unexpected spurt; China gets flu surge; APRA looks for crypto exposures at banks; UST 10yr 3.59%; gold down and oil up; NZ$1 = 61.7 USc; TWI-5 = 69.9
A review of things you need to know before you sign off on Tuesday; no retail rate changes, few Kiwi victims of Latitude cyber attack, SME's self-confident, trade deficit unchanged, swap rates fall again, NZD dips, & more
21st Mar 23, 3:59pm
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A review of things you need to know before you sign off on Tuesday; no retail rate changes, few Kiwi victims of Latitude cyber attack, SME's self-confident, trade deficit unchanged, swap rates fall again, NZD dips, & more
The 2023 update from the United Nations Intergovernmental Panel on Climate Change has found that the world is likely to miss its most ambitious climate target - limiting warming to +1.5 degrees C
21st Mar 23, 9:09am
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The 2023 update from the United Nations Intergovernmental Panel on Climate Change has found that the world is likely to miss its most ambitious climate target - limiting warming to +1.5 degrees C
The pressure on banks remains high but markets sense the worst is over; China holds LPRs; Taiwan export orders fall; German PPI stabilises; UST 10yr 3.49%; gold and oil down; NZ$1 = 62.5 USc; TWI-5 = 70.5
21st Mar 23, 7:19am
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The pressure on banks remains high but markets sense the worst is over; China holds LPRs; Taiwan export orders fall; German PPI stabilises; UST 10yr 3.49%; gold and oil down; NZ$1 = 62.5 USc; TWI-5 = 70.5
A review of things you need to know before you sign off on Monday; ASB trims fixed home loan rates, more bond issues signaled, Aussie building firms fail faster, swaps sink, NZD holds, & more
20th Mar 23, 3:59pm
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A review of things you need to know before you sign off on Monday; ASB trims fixed home loan rates, more bond issues signaled, Aussie building firms fail faster, swaps sink, NZD holds, & more
ASB follows rivals with mortgage rate cuts in a home loan market walking on eggshells, one that hasn't fired any shots in a season dominated by low real estate sales transaction levels
20th Mar 23, 9:18am
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ASB follows rivals with mortgage rate cuts in a home loan market walking on eggshells, one that hasn't fired any shots in a season dominated by low real estate sales transaction levels
[updated]
Credit Suisse sold cheap; China cuts reserve ratio, cuts UST holdings too; US data softer; Canadian PPI low; OECD raises 2023 prospects; UST 10yr 3.44%; gold up and oil down; NZ$1 = 62.7 USc; TWI-5 = 70.9
20th Mar 23, 7:19am
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Credit Suisse sold cheap; China cuts reserve ratio, cuts UST holdings too; US data softer; Canadian PPI low; OECD raises 2023 prospects; UST 10yr 3.44%; gold up and oil down; NZ$1 = 62.7 USc; TWI-5 = 70.9
US data mixed, Canada PPI modest; China cuts reserve ratio; Credit Suisse huddles; OECD sees improvement coming; commodity prices rise; UST 10yr 3.40%; gold up and oil down; NZ$1 = 62.7 USc; TWI-5 = 70.9
18th Mar 23, 8:56am
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US data mixed, Canada PPI modest; China cuts reserve ratio; Credit Suisse huddles; OECD sees improvement coming; commodity prices rise; UST 10yr 3.40%; gold up and oil down; NZ$1 = 62.7 USc; TWI-5 = 70.9
A review of things you need to know before you sign off on Friday; minor rate changes, green bond expensive, corruption conviction, huge AIA investment, swaps firm, NZD firm, & more
17th Mar 23, 3:59pm
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A review of things you need to know before you sign off on Friday; minor rate changes, green bond expensive, corruption conviction, huge AIA investment, swaps firm, NZD firm, & more
US data mostly positive; private rescue for a regional bank; Japan data good, relations with Korea improve; Xi worried about food security, UST 10yr 3.57%; gold down and oil recovers some; NZ$1 = 61.7 USc; TWI-5 = 70.1
17th Mar 23, 7:24am
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US data mostly positive; private rescue for a regional bank; Japan data good, relations with Korea improve; Xi worried about food security, UST 10yr 3.57%; gold down and oil recovers some; NZ$1 = 61.7 USc; TWI-5 = 70.1
A review of things you need to know before you sign off on Thursday; TD rates rise slightly, Fonterra impresses, GDP nearer recession, bus patronage withers, Aussie job market up, swaps lower, NZD softer, & more
16th Mar 23, 3:59pm
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A review of things you need to know before you sign off on Thursday; TD rates rise slightly, Fonterra impresses, GDP nearer recession, bus patronage withers, Aussie job market up, swaps lower, NZD softer, & more
Bank term deposit rate offers have shrunk from the start of 2022 in relation to the OCR and the latest increases don't restore those premiums
16th Mar 23, 12:17pm
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Bank term deposit rate offers have shrunk from the start of 2022 in relation to the OCR and the latest increases don't restore those premiums
US economic data weakens; China's data average; Indonesia rises; German PPI still high, European banks hit hard by investors, UST 10yr 3.47%; gold up and oil down sharply; NZ$1 = 61.8 USc; TWI-5 = 70.5
16th Mar 23, 7:29am
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US economic data weakens; China's data average; Indonesia rises; German PPI still high, European banks hit hard by investors, UST 10yr 3.47%; gold up and oil down sharply; NZ$1 = 61.8 USc; TWI-5 = 70.5
[updated]
A review of things you need to know before you sign off on Wednesday; no retail rate changes, Auckland house values plummet, CRL needs another $1 bln, wider C/A deficit, carbon tender fails, swaps bounce back, NZD firm, & more
15th Mar 23, 4:00pm
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A review of things you need to know before you sign off on Wednesday; no retail rate changes, Auckland house values plummet, CRL needs another $1 bln, wider C/A deficit, carbon tender fails, swaps bounce back, NZD firm, & more
US market pressure on regional banks eases; US CPI eases to 6%; Meta culls employees; China relaxes visa rules; Aussie sentiment low; UST 10yr 3.61%; gold and oil down; NZ$1 = 62.2 USc; TWI-5 = 70.6
15th Mar 23, 7:32am
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US market pressure on regional banks eases; US CPI eases to 6%; Meta culls employees; China relaxes visa rules; Aussie sentiment low; UST 10yr 3.61%; gold and oil down; NZ$1 = 62.2 USc; TWI-5 = 70.6
[updated]
A review of things you need to know before you sign off on Tuesday; BNZ ups TD rates, February REINZ data very weak and more marginal, migration rising again, swaps fall hard in fierce bond rally, NZD rises, & more
14th Mar 23, 3:59pm
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A review of things you need to know before you sign off on Tuesday; BNZ ups TD rates, February REINZ data very weak and more marginal, migration rising again, swaps fall hard in fierce bond rally, NZD rises, & more