David Chaston

As rules tighten for banks and fewer borrowers can meet bank lending standards, non-bank lenders find more takers with their 'flexible' offers

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

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

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

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

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

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

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%

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Dairy prices fall again on low demand; US retail rises, US job openings fall; China releases fishing fleet into oceans; RBA raises rates, cuts growth forecast; UST 10yr 2.73%; gold stable and oil firm; NZ$1 = 62.7 USc; TWI-5 = 71.1

Dairy prices fall again on low demand; US retail rises, US job openings fall; China releases fishing fleet into oceans; RBA raises rates, cuts growth forecast; UST 10yr 2.73%; gold stable and oil firm; NZ$1 = 62.7 USc; TWI-5 = 71.1

Now ANZ joins the mortgage rate cuts as wholesale rates continue their retreat. These reductions by NZ's largest home loan lender come just two weeks before another expected RBNZ rate hike, but global markets are the driving force

Now ANZ joins the mortgage rate cuts as wholesale rates continue their retreat. These reductions by NZ's largest home loan lender come just two weeks before another expected RBNZ rate hike, but global markets are the driving force

A review of things you need to know before you sign off on Tuesday; small savings account rate rises, full borrowing rate rises, tough Auckland housing market, swaps slide, NZD firm, & more

A review of things you need to know before you sign off on Tuesday; small savings account rate rises, full borrowing rate rises, tough Auckland housing market, swaps slide, NZD firm, & more