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
HSBC profits jump; UAW wins; eyes on Bank of Japan; World Bank commodity review sanguine; German inflation falls; Aussie retail rises more than expected; UST 10yr 4.89%; gold and oil lower; NZ$1 = 58.3 USc; TWI-5 = 68.2
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HSBC profits jump; UAW wins; eyes on Bank of Japan; World Bank commodity review sanguine; German inflation falls; Aussie retail rises more than expected; UST 10yr 4.89%; gold and oil lower; NZ$1 = 58.3 USc; TWI-5 = 68.2
The Red Bank raises fixed home loan rates across the board, and tweaks two short-term term deposit rates higher, moving up into rate space provided earlier by ASB and other rivals
13
The Red Bank raises fixed home loan rates across the board, and tweaks two short-term term deposit rates higher, moving up into rate space provided earlier by ASB and other rivals
[updated]
A review of things you need to know before you sign off on Monday; more retail rate changes, strongish labour market detail, Supie in administration, swaps and NZD on hold, & more
58
A review of things you need to know before you sign off on Monday; more retail rate changes, strongish labour market detail, Supie in administration, swaps and NZD on hold, & more
Core US PCE rises +3.7%; US earnings season positive so far; China profits revive recently; Australia walks away from trade deal talks with the EU; UST 10yr 4.85%; gold and oil up; NZ$1 = 58.1 USc; TWI-5 = 68.4
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Core US PCE rises +3.7%; US earnings season positive so far; China profits revive recently; Australia walks away from trade deal talks with the EU; UST 10yr 4.85%; gold and oil up; NZ$1 = 58.1 USc; TWI-5 = 68.4
Expanding military action and reaction in Gaza/Israel is pushing up commodity prices that react when safe haven investing is needed
8
Expanding military action and reaction in Gaza/Israel is pushing up commodity prices that react when safe haven investing is needed
American consumer spending rises but brittle; earnings season positive; China industrial profits fall less; Aussie PPI up modestly; carbon price languishes; UST 10yr 4.86%; gold and oil up; NZ$1 = 58.2 USc; TWI-5 = 68.4
20
American consumer spending rises but brittle; earnings season positive; China industrial profits fall less; Aussie PPI up modestly; carbon price languishes; UST 10yr 4.86%; gold and oil up; NZ$1 = 58.2 USc; TWI-5 = 68.4
A review of things you need to know before you sign off on Friday; some more TD rate rises, consumer sentiment rises marginally, SkyCity faces reckoning, Li Keqiang dies, swaps on hold, NZD firms, & more
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A review of things you need to know before you sign off on Friday; some more TD rate rises, consumer sentiment rises marginally, SkyCity faces reckoning, Li Keqiang dies, swaps on hold, NZD firms, & more
US data very positive, especially Q3 GDP growth; Canadian earnings rise; banks in China stumble; Singapore gets its own turnaround; freight rates fall; UST 10yr 4.85%; gold up and oil down; NZ$1 = 58.1 USc; TWI-5 = 68.4
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US data very positive, especially Q3 GDP growth; Canadian earnings rise; banks in China stumble; Singapore gets its own turnaround; freight rates fall; UST 10yr 4.85%; gold up and oil down; NZ$1 = 58.1 USc; TWI-5 = 68.4
A review of things you need to know before you sign off on Thursday; unsecured credit demand higher, household living costs jump, mortgage interest eats more of household budgets, swaps stable, NZD firms, & more
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A review of things you need to know before you sign off on Thursday; unsecured credit demand higher, household living costs jump, mortgage interest eats more of household budgets, swaps stable, NZD firms, & more
Over the long run, gold still holds its purchasing power value, outstripping inflation in NZ dollar terms. But it can cost money to hold it, it gives no income, and converting it back into local currency comes with costs too
29
Over the long run, gold still holds its purchasing power value, outstripping inflation in NZ dollar terms. But it can cost money to hold it, it gives no income, and converting it back into local currency comes with costs too
American mortgage interest rates leap; US new home sales strong; Canada holds its official rate; Aussie inflation rising again; commodity prices fall; UST 10yr 4.95%; gold up and oil up; NZ$1 = 58.2 USc; TWI-5 = 68.3
100
American mortgage interest rates leap; US new home sales strong; Canada holds its official rate; Aussie inflation rising again; commodity prices fall; UST 10yr 4.95%; gold up and oil up; NZ$1 = 58.2 USc; TWI-5 = 68.3
A review of things you need to know before you sign off on Wednesday; big banks move rates up, strong immigration doesn't bring strong growth, Aussie inflation in surprise rise, swaps hold, NZD holds, & more
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A review of things you need to know before you sign off on Wednesday; big banks move rates up, strong immigration doesn't bring strong growth, Aussie inflation in surprise rise, swaps hold, NZD holds, & more
US data mostly rising; Xi turns focus to China's economy; China boosts debt limit; EU flash PMIs weak; UST 10yr 4.84%; gold up and oil down; NZ$1 = 58.3 USc; TWI-5 = 68.3
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US data mostly rising; Xi turns focus to China's economy; China boosts debt limit; EU flash PMIs weak; UST 10yr 4.84%; gold up and oil down; NZ$1 = 58.3 USc; TWI-5 = 68.3
[updated]
ANZ raises home loan rates along with term deposit rates, finally catching up with ASB, but opening up same carded differences with other main rivals
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ANZ raises home loan rates along with term deposit rates, finally catching up with ASB, but opening up same carded differences with other main rivals
[updated]
A review of things you need to know before you sign off on Tuesday; 6.7% for a one year TD, vendors lower their sights, restoring interest deductibility to raise real estate demand, swaps unchanged, NZD holds, & more
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A review of things you need to know before you sign off on Tuesday; 6.7% for a one year TD, vendors lower their sights, restoring interest deductibility to raise real estate demand, swaps unchanged, NZD holds, & more
[updated]
Many banks now offer 6.1% pa term deposit rates for any term between 6 & 36 months, but SBS Bank's new 6.7% one year special rate stands out
34
Many banks now offer 6.1% pa term deposit rates for any term between 6 & 36 months, but SBS Bank's new 6.7% one year special rate stands out
Despite risks, US expanding faster; foreign investment into China reverses; China reports record grain harvest; UNCTAD sees sharp 'friendshoring' trend; UST 10yr 4.84%; gold and oil down; NZ$1 = 58.5 USc; TWI-5 = 68.4
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Despite risks, US expanding faster; foreign investment into China reverses; China reports record grain harvest; UNCTAD sees sharp 'friendshoring' trend; UST 10yr 4.84%; gold and oil down; NZ$1 = 58.5 USc; TWI-5 = 68.4
Equity prices retreat globally; Canada moves on problem home loans; China sees investors leaving; Indonesia raises rates; UST 10yr 4.93%; gold and oil up again; NZ$1 = 58.3 USc; TWI-5 = 68.4
20
Equity prices retreat globally; Canada moves on problem home loans; China sees investors leaving; Indonesia raises rates; UST 10yr 4.93%; gold and oil up again; NZ$1 = 58.3 USc; TWI-5 = 68.4
A review of things you need to know before you sign off on Friday; credit conditions tighter for some, exports to China fall, NZGB bond tender very popular, swaps hold high, NZD falls, & more
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A review of things you need to know before you sign off on Friday; credit conditions tighter for some, exports to China fall, NZGB bond tender very popular, swaps hold high, NZD falls, & more
Powell talks down the middle but can't avoid strong labour market signals; China's separation signals grow; Aussie labour market growth twists to part-time; UST 10yr 4.99%; gold and oil up again; NZ$1 = 58.5 USc; TWI-5 = 68.6
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Powell talks down the middle but can't avoid strong labour market signals; China's separation signals grow; Aussie labour market growth twists to part-time; UST 10yr 4.99%; gold and oil up again; NZ$1 = 58.5 USc; TWI-5 = 68.6
A review of things you need to know before you sign off on Thursday; tough for FHBs but they borrow anyway, fraudsters jailed, NZGB tender 880 delayed, long swaps jump, NZD lower, & more
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A review of things you need to know before you sign off on Thursday; tough for FHBs but they borrow anyway, fraudsters jailed, NZGB tender 880 delayed, long swaps jump, NZD lower, & more
US Treasury 10-year rates leap to 20-year highs near 5%. NZ bond yields jump to 2010 levels
US data stable except for housing; Canada housing starts up; China Q3-GDP lower but good; EU inflation eases; Aussie drought prep stress; UST 10yr 4.88%; gold and oil up; NZ$1 = 58.6 USc; TWI-5 = 68.7
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US data stable except for housing; Canada housing starts up; China Q3-GDP lower but good; EU inflation eases; Aussie drought prep stress; UST 10yr 4.88%; gold and oil up; NZ$1 = 58.6 USc; TWI-5 = 68.7
[updated]
A review of things you need to know before you sign off on Wednesday; higher retail rates, higher dairy prices & payout, more price indexes more frequently, swaps jump, oil up, NZD down, & more
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A review of things you need to know before you sign off on Wednesday; higher retail rates, higher dairy prices & payout, more price indexes more frequently, swaps jump, oil up, NZD down, & more
Another main bank - Kiwibank - trumps the ASB 6% term deposit offer for a six month term, pushing it to 6.05%, a market-leading level from any bank
12
Another main bank - Kiwibank - trumps the ASB 6% term deposit offer for a six month term, pushing it to 6.05%, a market-leading level from any bank