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
[updated]
The first of four end of year sentiment surveys reports record low confidence as rising financial pressures bite. The year is ending with consumers, farmers and businesses reporting downbeat signals
19th Dec 22, 10:05am
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The first of four end of year sentiment surveys reports record low confidence as rising financial pressures bite. The year is ending with consumers, farmers and businesses reporting downbeat signals
The giant American economy slows, and inflation does too; Japan a bright spot; China's pandemic fears may cause new supply chain chaos; UST 10yr 3.49%; gold up and oil stable; NZ$1 = 63.8 USc; TWI-5 = 72.6
19th Dec 22, 7:19am
108
The giant American economy slows, and inflation does too; Japan a bright spot; China's pandemic fears may cause new supply chain chaos; UST 10yr 3.49%; gold up and oil stable; NZ$1 = 63.8 USc; TWI-5 = 72.6
Global PMIs ease along with some key inflation drivers; China struggles with pandemic pivot; Australia says energy market has failed them; UST 10yr 3.48%; gold up and oil down; NZ$1 = 63.8 USc; TWI-5 = 72.6
17th Dec 22, 8:54am
43
Global PMIs ease along with some key inflation drivers; China struggles with pandemic pivot; Australia says energy market has failed them; UST 10yr 3.48%; gold up and oil down; NZ$1 = 63.8 USc; TWI-5 = 72.6
A review of things you need to know before you sign off on Friday; BNZ raises TD rates; Fitch affirms big bank ratings, TSB has breach, swaps hold high, NZD moves lower, & more
16th Dec 22, 3:59pm
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A review of things you need to know before you sign off on Friday; BNZ raises TD rates; Fitch affirms big bank ratings, TSB has breach, swaps hold high, NZD moves lower, & more
For the first time in years savers might see term deposit interest rates rising towards the inflation rate in 2023 as economic forces shift in their favour
16th Dec 22, 1:39pm
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For the first time in years savers might see term deposit interest rates rising towards the inflation rate in 2023 as economic forces shift in their favour
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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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