David Chaston

Westpac is the last to the rate-hike party, and since ANZ started this round of rises, the 2year swap rate has risen +40 bps. But Westpac is another main bank with a sub-4% rate still

Westpac is the last to the rate-hike party, and since ANZ started this round of rises, the 2year swap rate has risen +40 bps. But Westpac is another main bank with a sub-4% rate still

A review of things you need to know before you go home on Thursday; many retail rate changes, more green bonds, call to close KiwiSaver 'loophole', FMA slaps crowdfunder again, swaps stable, NZD firm, & more

A review of things you need to know before you go home on Thursday; many retail rate changes, more green bonds, call to close KiwiSaver 'loophole', FMA slaps crowdfunder again, swaps stable, NZD firm, & more

Bond and equity investors nurse losses as the US Fed gets muscular; shipping rates fall but aircargo volumes rise; China's troubles spread; UST 10yr 2.61%; gold and oil lower; NZ$1 = 69.2 USc; TWI-5 = 74.8

Bond and equity investors nurse losses as the US Fed gets muscular; shipping rates fall but aircargo volumes rise; China's troubles spread; UST 10yr 2.61%; gold and oil lower; NZ$1 = 69.2 USc; TWI-5 = 74.8

A review of things you need to know before you go home on Wednesday; few retail rate changes, house auctions slow, hiring up including by us, commodities at record high, swaps up, NZD firm, & more

A review of things you need to know before you go home on Wednesday; few retail rate changes, house auctions slow, hiring up including by us, commodities at record high, swaps up, NZD firm, & more

Dairy prices dip again; US data all very positive; Brainard lights fire under bond market; RBA no longer 'patient'; China's credit easing underway; UST 10yr 2.56%; gold and oil lower; NZ$1 = 69.7 USc; TWI-5 = 75.1

Dairy prices dip again; US data all very positive; Brainard lights fire under bond market; RBA no longer 'patient'; China's credit easing underway; UST 10yr 2.56%; gold and oil lower; NZ$1 = 69.7 USc; TWI-5 = 75.1

A review of things you need to know before you go home on Tuesday; BNZ hikes some mortgage rates, Barfoots buoyant, CoreLogic sees softness, retail sales divergent, swaps soft, NZD stable, & more

A review of things you need to know before you go home on Tuesday; BNZ hikes some mortgage rates, Barfoots buoyant, CoreLogic sees softness, retail sales divergent, swaps soft, NZD stable, & more

Sensing an opportunity, BNZ holds back on part of their home loan rate increases, opening up a gap between them and ANZ/ASB. The pace of swap rate increases may however close that opportunity soon

Sensing an opportunity, BNZ holds back on part of their home loan rate increases, opening up a gap between them and ANZ/ASB. The pace of swap rate increases may however close that opportunity soon

Europe hardens attitudes toward Russia; US factory orders slip; Canadian outlook improves; China struggles with pandemic; IPCC struggles to agree a less dire outlook; UST 10yr 2.42%; gold and oil up; NZ$1 = 69.6 USc; TWI-5 = 74.9

Europe hardens attitudes toward Russia; US factory orders slip; Canadian outlook improves; China struggles with pandemic; IPCC struggles to agree a less dire outlook; UST 10yr 2.42%; gold and oil up; NZ$1 = 69.6 USc; TWI-5 = 74.9

A review of things you need to know before you go home on Monday; more big home loan rate rises, term deposit rises, Infrastructure Commission knows why, Aussie jobs demand high, swaps stable, NZD stable, & more

A review of things you need to know before you go home on Monday; more big home loan rate rises, term deposit rises, Infrastructure Commission knows why, Aussie jobs demand high, swaps stable, NZD stable, & more

Kiwibank the third major to raise home loan interest rates, although a sub 4% rate is still hanging in there from them. Expect the other two majors to announce chunky rises soon too

Kiwibank the third major to raise home loan interest rates, although a sub 4% rate is still hanging in there from them. Expect the other two majors to announce chunky rises soon too

WTO sees trade growth halving; Most Asian PMI's positive - except China; US payrolls grow slower than expected; US PMIs strong; EU inflation high; UST 10yr 2.39%; gold up and oil down; NZ$1 = 69.2 USc; TWI-5 = 74.5

WTO sees trade growth halving; Most Asian PMI's positive - except China; US payrolls grow slower than expected; US PMIs strong; EU inflation high; UST 10yr 2.39%; gold up and oil down; NZ$1 = 69.2 USc; TWI-5 = 74.5

US payrolls rise less than expected; US factories expanding faster; China contracting; EU inflation high; IMF doubts bond inversion signals; UST 10yr 2.38%; gold and oil down; NZ$1 = 69.2 USc; TWI-5 = 74.4

US payrolls rise less than expected; US factories expanding faster; China contracting; EU inflation high; IMF doubts bond inversion signals; UST 10yr 2.38%; gold and oil down; NZ$1 = 69.2 USc; TWI-5 = 74.4

A review of things you need to know before you go home on Friday; ASB shifts home loan rates higher, retailers face tough autumn, depositors keep funds very short, China struggles, swaps firm, NZD soft, & more

A review of things you need to know before you go home on Friday; ASB shifts home loan rates higher, retailers face tough autumn, depositors keep funds very short, China struggles, swaps firm, NZD soft, & more

ASB follows ANZ with new home loan rate increases, and goes even higher for most key fixed terms. 5% rates for a two year fixed deal looks imminent now, but the variation still allows for much lower fixing

ASB follows ANZ with new home loan rate increases, and goes even higher for most key fixed terms. 5% rates for a two year fixed deal looks imminent now, but the variation still allows for much lower fixing

US labour market strong; US consumer spending holds up; Chinese PMIs contract; container shipping rates fall; UST 10yr 2.32%; gold up and oil down; NZ$1 = 69.3 USc; TWI-5 = 74.5

US labour market strong; US consumer spending holds up; Chinese PMIs contract; container shipping rates fall; UST 10yr 2.32%; gold up and oil down; NZ$1 = 69.3 USc; TWI-5 = 74.5

A review of things you need to know before you go home on Thursday; trade deficit balloons; huge construction pipeline; mortgage debt rise slows; OAG faults ministers, swaps slip, NZD stable, & more

A review of things you need to know before you go home on Thursday; trade deficit balloons; huge construction pipeline; mortgage debt rise slows; OAG faults ministers, swaps slip, NZD stable, & more

US mortgage rates hit 3yr high; US labour market expands again; Ontario raises foreign buyer tax; EU braces for Russian gas threats; UST 10yr 2.35%; gold and oil up; NZ$1 = 69.8 USc; TWI-5 = 74.8

US mortgage rates hit 3yr high; US labour market expands again; Ontario raises foreign buyer tax; EU braces for Russian gas threats; UST 10yr 2.35%; gold and oil up; NZ$1 = 69.8 USc; TWI-5 = 74.8

A review of things you need to know before you go home on Wednesday; no-one follows ANZ up, building consents surge, inflation 'moon-bound', insurers charge more but earn less, swaps soft, NZD firm, & more

A review of things you need to know before you go home on Wednesday; no-one follows ANZ up, building consents surge, inflation 'moon-bound', insurers charge more but earn less, swaps soft, NZD firm, & more

US data positive but outlook cloudy; German sentiment dives; World Bank sees EM debt stress; China starts local stimulus; big election-bribe budget in Australia; UST 10yr 2.39%; gold and oil down; NZ$1 = 69.2 USc; TWI-5 = 74.4

US data positive but outlook cloudy; German sentiment dives; World Bank sees EM debt stress; China starts local stimulus; big election-bribe budget in Australia; UST 10yr 2.39%; gold and oil down; NZ$1 = 69.2 USc; TWI-5 = 74.4

A review of things you need to know before you go home on Tuesday; some key rate hikes; auctions signal housing market slowdown; huge new windfarm; demographic changes; swaps hold, NZD falls; & more

A review of things you need to know before you go home on Tuesday; some key rate hikes; auctions signal housing market slowdown; huge new windfarm; demographic changes; swaps hold, NZD falls; & more

ANZ's increased term deposit rates are not as impressive as they may at first seem, but there are other institutions pushing up rates for savers that are worth watching

ANZ's increased term deposit rates are not as impressive as they may at first seem, but there are other institutions pushing up rates for savers that are worth watching

US trade deficit falls; US supply chain costs rise; US budget released; Shanghai in lockdown; Taiwan confidence slips; Aussie budget awaited; UST 10yr 2.46%; gold and oil down; NZ$1 = 69 USc; TWI-5 = 74.4

US trade deficit falls; US supply chain costs rise; US budget released; Shanghai in lockdown; Taiwan confidence slips; Aussie budget awaited; UST 10yr 2.46%; gold and oil down; NZ$1 = 69 USc; TWI-5 = 74.4

With wholesale swap rates at seven year highs, home loan rates push on up higher with ANZ the latest to raise fixed rates up to the next level

With wholesale swap rates at seven year highs, home loan rates push on up higher with ANZ the latest to raise fixed rates up to the next level

A review of things you need to know before you go home on Monday; many retail rate rises and one surprise fall, a bit outflow possibility, FMA interim stop order, swaps up again, NZD holds, & more

A review of things you need to know before you go home on Monday; many retail rate rises and one surprise fall, a bit outflow possibility, FMA interim stop order, swaps up again, NZD holds, & more

Bond investors nursing heavy losses; China profits fall; money rushes out of China; US looks at billionaires tax; Hart eyes sell-down; UST 10yr 2.49%; gold up and oil holds; NZ$1 = 69.6 USc; TWI-5 = 74.9

Bond investors nursing heavy losses; China profits fall; money rushes out of China; US looks at billionaires tax; Hart eyes sell-down; UST 10yr 2.49%; gold up and oil holds; NZ$1 = 69.6 USc; TWI-5 = 74.9