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
US data weak; China data even weaker; China's pandemic change threatens disaster; many central banks follow Fed's lead; Aussie labour market stays strong; UST 10yr 3.43%; gold and oil down; NZ$1 = 63.5 USc; TWI-5 = 72.2
16th Dec 22, 7:30am
85
US data weak; China data even weaker; China's pandemic change threatens disaster; many central banks follow Fed's lead; Aussie labour market stays strong; UST 10yr 3.43%; gold and oil down; NZ$1 = 63.5 USc; TWI-5 = 72.2
A review of things you need to know before you sign off on Thursday; few retail rate changes, GDP surges, surveys not positive, more dishonesty revealed, swaps leap, NZD firm, & more
15th Dec 22, 3:59pm
56
A review of things you need to know before you sign off on Thursday; few retail rate changes, GDP surges, surveys not positive, more dishonesty revealed, swaps leap, NZD firm, & more
US Fed takes their policy rate to 4.5%, confirms inflation is still enemy #1; Japan industry gains modest; Denmark gives up a holiday; British inflation eases; UST 10yr 3.56%; gold and oil up; NZ$1 = 64.2 USc; TWI-5 = 72.4
15th Dec 22, 8:10am
116
US Fed takes their policy rate to 4.5%, confirms inflation is still enemy #1; Japan industry gains modest; Denmark gives up a holiday; British inflation eases; UST 10yr 3.56%; gold and oil up; NZ$1 = 64.2 USc; TWI-5 = 72.4
A review of things you need to know before you sign off on Wednesday; more retail rate rises, fuel discounts to stick a while yet, farmers very glum, Xmas spending restrained, HYEFU restrained, swaps stable, NZD stays firm, & more
14th Dec 22, 3:59pm
50
A review of things you need to know before you sign off on Wednesday; more retail rate rises, fuel discounts to stick a while yet, farmers very glum, Xmas spending restrained, HYEFU restrained, swaps stable, NZD stays firm, & more
US inflation cools notably as Fed meets; US retail sales flatline; China gets ready to travel; EU adds climate import taxes; Aussie business sentiment wanes; UST 10yr 3.50%; gold and oil up; NZ$1 = 64.8 USc; TWI-5 = 72.9
14th Dec 22, 7:25am
77
US inflation cools notably as Fed meets; US retail sales flatline; China gets ready to travel; EU adds climate import taxes; Aussie business sentiment wanes; UST 10yr 3.50%; gold and oil up; NZ$1 = 64.8 USc; TWI-5 = 72.9
A review of things you need to know before you sign off on Tuesday; ASB raises TD rates, REINZ November data weak, food prices high, IRD watching ESSTs, insurance stress rising, migration rules eased, swaps firm, NZD firm, & more
13th Dec 22, 3:59pm
86
A review of things you need to know before you sign off on Tuesday; ASB raises TD rates, REINZ November data weak, food prices high, IRD watching ESSTs, insurance stress rising, migration rules eased, swaps firm, NZD firm, & more
US inflation expectations dip, Japan PPI high but softening; China loans swell but pandemic undermines activity; India stumbles; gas investment strike threat in Australia; UST 10yr 3.62%; gold down and oil up; NZ$1 = 63.7 USc; TWI-5 = 72.4
13th Dec 22, 7:24am
62
US inflation expectations dip, Japan PPI high but softening; China loans swell but pandemic undermines activity; India stumbles; gas investment strike threat in Australia; UST 10yr 3.62%; gold down and oil up; NZ$1 = 63.7 USc; TWI-5 = 72.4
[updated]
A review of things you need to know before you sign off on Monday; some minor rate movement, inflation pressure high in grocery sector, Auckland heading to 2 mln, swaps up, NZ stable, & more
12th Dec 22, 3:59pm
42
A review of things you need to know before you sign off on Monday; some minor rate movement, inflation pressure high in grocery sector, Auckland heading to 2 mln, swaps up, NZ stable, & more
Chinese inflation retreats, reopening reveals fears; US PPI falls but inventories stay high; US mood improves; EU handling energy shock well; UST 10yr 3.59%; gold down and oil firms; NZ$1 = 64.1 USc; TWI-5 = 72.5
12th Dec 22, 7:19am
89
Chinese inflation retreats, reopening reveals fears; US PPI falls but inventories stay high; US mood improves; EU handling energy shock well; UST 10yr 3.59%; gold down and oil firms; NZ$1 = 64.1 USc; TWI-5 = 72.5
Kiwi buyers turn their backs on internal combustion engines, increasingly favouring pure electric vehicles. But they are not turning their backs on SUVs
10th Dec 22, 11:18am
72
Kiwi buyers turn their backs on internal combustion engines, increasingly favouring pure electric vehicles. But they are not turning their backs on SUVs
US PPI remains elevated with inventories; China's CPI and PPI close to deflating; EU confident on energy resilience; Fed's balance sheet retreat continues; UST 10yr 3.56%; gold up and oil down again; NZ$1 = 64.2 USc; TWI-5 = 72.6
10th Dec 22, 8:41am
29
US PPI remains elevated with inventories; China's CPI and PPI close to deflating; EU confident on energy resilience; Fed's balance sheet retreat continues; UST 10yr 3.56%; gold up and oil down again; NZ$1 = 64.2 USc; TWI-5 = 72.6
A review of things you need to know before you sign off on Friday: Kiwibank raises fixed rates, electronic card use up, wage inflation high, eyes on BOP deficit, swap rates firm, NZD up, & more
9th Dec 22, 3:59pm
33
A review of things you need to know before you sign off on Friday: Kiwibank raises fixed rates, electronic card use up, wage inflation high, eyes on BOP deficit, swap rates firm, NZD up, & more
Kiwibank raises fixed home loan rates, adding impetus to key mortgage rates rising to 11-year highs. But no bank has yet followed wholesale rates into an inversion
9th Dec 22, 12:21pm
12
Kiwibank raises fixed home loan rates, adding impetus to key mortgage rates rising to 11-year highs. But no bank has yet followed wholesale rates into an inversion
US jobless claims rise; American inflation pressures ease; China teams up with Saudi Arabia; container shipping rates fall again; UST 10yr 3.49%; gold up but oil down; NZ$1 = 63.8 USc; TWI-5 = 72.1
9th Dec 22, 7:23am
99
US jobless claims rise; American inflation pressures ease; China teams up with Saudi Arabia; container shipping rates fall again; UST 10yr 3.49%; gold up but oil down; NZ$1 = 63.8 USc; TWI-5 = 72.1
[updated]
A review of things you need to know before you sign off on Thursday; Kiwi Bond rates rise sharply, Fonterra and Air NZ report better profits, councils report higher income, swaps stable, NZD firm, & more
8th Dec 22, 4:45pm
58
A review of things you need to know before you sign off on Thursday; Kiwi Bond rates rise sharply, Fonterra and Air NZ report better profits, councils report higher income, swaps stable, NZD firm, & more
US data mixed; Canada hikes with dovish signals; China relaxes more than expected; India hikes with hawkish signals; Aussie GDP exposes steep inflation; UST 10yr 3.44%; gold up but oil lower; NZ$1 = 63.6 USc; TWI-5 = 72.2
8th Dec 22, 7:19am
156
US data mixed; Canada hikes with dovish signals; China relaxes more than expected; India hikes with hawkish signals; Aussie GDP exposes steep inflation; UST 10yr 3.44%; gold up but oil lower; NZ$1 = 63.6 USc; TWI-5 = 72.2
[updated]
A review of things you need to know before you sign off on Wednesday; dairy prices hold, carbon prices fall, spending patterns change, taxes rise fast, FLP ends, auctions quiet, swaps firm, NZD unchanged, & more
7th Dec 22, 3:59pm
89
A review of things you need to know before you sign off on Wednesday; dairy prices hold, carbon prices fall, spending patterns change, taxes rise fast, FLP ends, auctions quiet, swaps firm, NZD unchanged, & more
Dairy prices slip in NZD; US retail soft; supply chain pressures ease; China's debt levels get dangerous; German factory orders rise; RBA hikes; UST 10yr 3.56%; gold and oil lower; NZ$1 = 63.4 USc; TWI-5 = 71.9
7th Dec 22, 7:28am
94
Dairy prices slip in NZD; US retail soft; supply chain pressures ease; China's debt levels get dangerous; German factory orders rise; RBA hikes; UST 10yr 3.56%; gold and oil lower; NZ$1 = 63.4 USc; TWI-5 = 71.9
[updated]
A review of things you need to know before you sign off on Tuesday; BNZ raises less than rivals, real estate agents gloomy; construction peaks, mountains of cash lying around, swaps firm, NZD slips, & more
6th Dec 22, 3:59pm
41
A review of things you need to know before you sign off on Tuesday; BNZ raises less than rivals, real estate agents gloomy; construction peaks, mountains of cash lying around, swaps firm, NZD slips, & more
BNZ chooses a lower rate track for its floating and fixed rate offers following last week's 75 basis points RBNZ OCR hike
6th Dec 22, 9:38am
8
BNZ chooses a lower rate track for its floating and fixed rate offers following last week's 75 basis points RBNZ OCR hike
US data surprises markets with strength; China faces only bad options; EU retail sales weak; Aussie services contract further; eyes on RBA; UST 10yr 3.59%; gold and oil lower; NZ$1 = 63.1 USc; TWI-5 = 71.6
6th Dec 22, 7:21am
81
US data surprises markets with strength; China faces only bad options; EU retail sales weak; Aussie services contract further; eyes on RBA; UST 10yr 3.59%; gold and oil lower; NZ$1 = 63.1 USc; TWI-5 = 71.6
[updated]
A review of things you need to know before you sign off on Monday; few retail rate changes, Barfoot sales activity sinks, commodity prices fall, new car sales stay high, swaps slip, NZD holds high, & more
5th Dec 22, 3:59pm
36
A review of things you need to know before you sign off on Monday; few retail rate changes, Barfoot sales activity sinks, commodity prices fall, new car sales stay high, swaps slip, NZD holds high, & more
China bails out property developers; Japanese births dive; EU PPI falls; US labour markets rise (again); ditto Canada; Aussie wins with carbon; food prices dip; UST 10yr 3.49%; gold and oil lower; NZ$1 = 64.1 USc; TWI-5 = 72.4
5th Dec 22, 7:19am
86
China bails out property developers; Japanese births dive; EU PPI falls; US labour markets rise (again); ditto Canada; Aussie wins with carbon; food prices dip; UST 10yr 3.49%; gold and oil lower; NZ$1 = 64.1 USc; TWI-5 = 72.4
Wholesales swap rates are their most inverted since before the GFC. Mortgage rates are flat and looking like following them. What does this mean for home loan borrowers?
4th Dec 22, 8:30am
23
Wholesales swap rates are their most inverted since before the GFC. Mortgage rates are flat and looking like following them. What does this mean for home loan borrowers?
US labour market better than expected in November; Canada's improvement confirmed; China's property pressures mount; EU PPI retreats; Food prices slip; UST 10yr 3.53%; gold and oil lower; NZ$1 = 64 USc; TWI-5 = 72.3
3rd Dec 22, 8:23am
11
US labour market better than expected in November; Canada's improvement confirmed; China's property pressures mount; EU PPI retreats; Food prices slip; UST 10yr 3.53%; gold and oil lower; NZ$1 = 64 USc; TWI-5 = 72.3