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 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
57
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
Just as the RBNZ is about to raise the OCR again, fixed rates for home loans continue their falls. Now no bank has a one year rate over 5%
11th Aug 22, 12:12pm
14
Just as the RBNZ is about to raise the OCR again, fixed rates for home loans continue their falls. Now no bank has a one year rate over 5%
Markets surge on lower US inflation; China eases back on Taiwan; China's CPI rises, PPI falls; oil tanker freight jumps; big Aussie winter grain harvest expected; UST 10yr 2.78%; gold and oil up; NZ$1 = 64.3 USc; TWI-5 = 72.3
11th Aug 22, 7:19am
122
Markets surge on lower US inflation; China eases back on Taiwan; China's CPI rises, PPI falls; oil tanker freight jumps; big Aussie winter grain harvest expected; UST 10yr 2.78%; gold and oil up; NZ$1 = 64.3 USc; TWI-5 = 72.3
A review of things you need to know before you sign off on Wednesday; many retail rate changes, commercial consents rise sharply, record concrete pour, ASB reports record profits, swaps stop falling, NZD firm, & more
10th Aug 22, 3:59pm
45
A review of things you need to know before you sign off on Wednesday; many retail rate changes, commercial consents rise sharply, record concrete pour, ASB reports record profits, swaps stop falling, NZD firm, & more
[updated]
With BNZ now offering 3% for a six month term deposit, that embeds a much steeper term deposit rate curve and shines a light on just how steep it has become
10th Aug 22, 10:32am
39
With BNZ now offering 3% for a six month term deposit, that embeds a much steeper term deposit rate curve and shines a light on just how steep it has become
US retail momentum slows, productivity tanks; US cattle farmers retreat; Japanese machine tool orders dip; Aussie confidence diverges; OECD glum; UST 10yr 2.80%; gold and oil up; NZ$1 = 62.8 USc; TWI-5 = 71.2
10th Aug 22, 7:25am
41
US retail momentum slows, productivity tanks; US cattle farmers retreat; Japanese machine tool orders dip; Aussie confidence diverges; OECD glum; UST 10yr 2.80%; gold and oil up; NZ$1 = 62.8 USc; TWI-5 = 71.2
A review of things you need to know before you sign off on Tuesday; no retail changes, weak retail, traffic activity ok, recession avoided?, Orange remains, swaps retreat, NZD holds, & more
9th Aug 22, 3:59pm
44
A review of things you need to know before you sign off on Tuesday; no retail changes, weak retail, traffic activity ok, recession avoided?, Orange remains, swaps retreat, NZD holds, & more
US inflation expectations ease; Congress passes Biden plan; China squeezes Taiwan hard; China battles wider pandemic spread; Norway hoards electricity; UST 10yr 2.77%; gold and oil up; NZ$1 = 62.9 USc; TWI-5 = 71.3
9th Aug 22, 7:30am
54
US inflation expectations ease; Congress passes Biden plan; China squeezes Taiwan hard; China battles wider pandemic spread; Norway hoards electricity; UST 10yr 2.77%; gold and oil up; NZ$1 = 62.9 USc; TWI-5 = 71.3
A review of things you need to know before you sign off on Monday; few retail rate changes, new-build costs jump, key inflation expectations ease, misery up, swaps up, NZD wavers, & more
8th Aug 22, 3:59pm
57
A review of things you need to know before you sign off on Monday; few retail rate changes, new-build costs jump, key inflation expectations ease, misery up, swaps up, NZD wavers, & more
Global food prices fall; China exports rise on US demand; Japanese spending up; US jobs gains impress; India hikes +50 bps; UST 10yr 2.83%; gold and oil stable; NZ$1 = 62.4 USc; TWI-5 = 71
8th Aug 22, 7:20am
73
Global food prices fall; China exports rise on US demand; Japanese spending up; US jobs gains impress; India hikes +50 bps; UST 10yr 2.83%; gold and oil stable; NZ$1 = 62.4 USc; TWI-5 = 71
US jobs rise impresses; US consumers take on more debt; India hikes rates; Japan spending impresses; world food prices fall; UST 10yr 2.83%; gold down and oil stable; NZ$1 = 62.4 USc; TWI-5 = 71
6th Aug 22, 8:44am
104
US jobs rise impresses; US consumers take on more debt; India hikes rates; Japan spending impresses; world food prices fall; UST 10yr 2.83%; gold down and oil stable; NZ$1 = 62.4 USc; TWI-5 = 71
A review of things you need to know before you sign off on Friday; rate change impetus runs out of puff, weak new dwelling completions, strong EV prospects, PredictIt slapped, swaps flatter, NZD stable, & more
5th Aug 22, 3:59pm
80
A review of things you need to know before you sign off on Friday; rate change impetus runs out of puff, weak new dwelling completions, strong EV prospects, PredictIt slapped, swaps flatter, NZD stable, & more
US labour markets stable, awaits non-farm payrolls report; US trade deficit narrows, Canada's trade surplus up, Australia's zooms higher; container shipping costs fall; UST 10yr 2.67%; gold up and oil down; NZ$1 = 63.1 USc; TWI-5 = 71.3
5th Aug 22, 7:19am
116
US labour markets stable, awaits non-farm payrolls report; US trade deficit narrows, Canada's trade surplus up, Australia's zooms higher; container shipping costs fall; UST 10yr 2.67%; gold up and oil down; NZ$1 = 63.1 USc; TWI-5 = 71.3
A review of things you need to know before you sign off on Thursday; many major mortgage rate cuts, a few TD rate rises, Com Com dumps on building supplies industry, job ads past peak, swaps rise, NZD firm, & more
4th Aug 22, 3:59pm
47
A review of things you need to know before you sign off on Thursday; many major mortgage rate cuts, a few TD rate rises, Com Com dumps on building supplies industry, job ads past peak, swaps rise, NZD firm, & more
[updated]
More banks lower home loan interest rates, some sharply, and one also raised its term deposit offers. Market share defence in a quiet housing market is squeezing banks hard
4th Aug 22, 9:24am
46
More banks lower home loan interest rates, some sharply, and one also raised its term deposit offers. Market share defence in a quiet housing market is squeezing banks hard
US services data strong; China rises on services too; China rushes out new regional bank support; blockage of Taiwan to roil supply chains again; UST 10yr 2.73%; gold and oil lower; NZ$1 = 62.6 USc; TWI-5 = 71.1
4th Aug 22, 7:24am
98
US services data strong; China rises on services too; China rushes out new regional bank support; blockage of Taiwan to roil supply chains again; UST 10yr 2.73%; gold and oil lower; NZ$1 = 62.6 USc; TWI-5 = 71.1
A review of things you need to know before you sign off on Wednesday; jobless rate up from record low, car sales weak, dairy prices fall, commodity prices stable, swaps on hold, NZD little-changed, & more
3rd Aug 22, 3:59pm
45
A review of things you need to know before you sign off on Wednesday; jobless rate up from record low, car sales weak, dairy prices fall, commodity prices stable, swaps on hold, NZD little-changed, & more