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David Chaston

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.

Member for

16 years 11 months

Latest articles

US data mixed with mortgage applications & jobs data weaker, factory orders and PMIs strong; Japan services strong; China office vacancy levels very weak; UST 10yr 4.74%; gold and oil down; NZ$1 = 59.2 USc; TWI-5 = 69.4
79
US data mixed with mortgage applications & jobs data weaker, factory orders and PMIs strong; Japan services strong; China office vacancy levels very weak; UST 10yr 4.74%; gold and oil down; NZ$1 = 59.2 USc; TWI-5 = 69.4
A review of things you need to know before you sign off on Wednesday; no retail rate changes, RBNZ delivers a hawkish hold as expected, dairy prices up, Westpac eases conditions, swaps up, NZD down, & more
35
A review of things you need to know before you sign off on Wednesday; no retail rate changes, RBNZ delivers a hawkish hold as expected, dairy prices up, Westpac eases conditions, swaps up, NZD down, & more
Dairy prices up again; US labour markets strong; bond market faces huge losses; India PMI healthy; Aussie housing wobbles; UST 10yr 4.81%; gold down and oil holds; NZ$1 = 59 USc; TWI-5 = 69.5
67
Dairy prices up again; US labour markets strong; bond market faces huge losses; India PMI healthy; Aussie housing wobbles; UST 10yr 4.81%; gold down and oil holds; NZ$1 = 59 USc; TWI-5 = 69.5
Reserve Bank of Australia sings the same tune under new Governor Bullock as with Philip Lowe, says inflation is on the way down, but that there are 'significant uncertainties' especially around persistent services inflation
3
Reserve Bank of Australia sings the same tune under new Governor Bullock as with Philip Lowe, says inflation is on the way down, but that there are 'significant uncertainties' especially around persistent services inflation
A review of things you need to know before you sign off on Tuesday; Rabobank raises TD rates, Barfoots September nearly at long-run average, QSBO points to softer labour market, NPLs rise, swaps up, NZD lower, & more
55
A review of things you need to know before you sign off on Tuesday; Rabobank raises TD rates, Barfoots September nearly at long-run average, QSBO points to softer labour market, NPLs rise, swaps up, NZD lower, & more
World Bank cuts 2024 China growth forecast sharply; US PMIs 'better'; Powell focused on full employment; Japan sentiment up; Sydney house prices recover; UST 10yr 4.68%; gold and oil fall; NZ$1 = 59.5 USc; TWI-5 = 69.8
69
World Bank cuts 2024 China growth forecast sharply; US PMIs 'better'; Powell focused on full employment; Japan sentiment up; Sydney house prices recover; UST 10yr 4.68%; gold and oil fall; NZ$1 = 59.5 USc; TWI-5 = 69.8
A review of things you need to know before you sign off on Monday; some retail rate increases, building consents stumble, newer cars sold, fewer listings, longer weather forecasts, swaps up, NZD stays firm, & more
65
A review of things you need to know before you sign off on Monday; some retail rate increases, building consents stumble, newer cars sold, fewer listings, longer weather forecasts, swaps up, NZD stays firm, & more
The shift to electric cars and hybrids is happening fast. But to make a meaningful dent in our passenger car fleet before 2040, the adoption rate will need to pick up significantly from here
139
The shift to electric cars and hybrids is happening fast. But to make a meaningful dent in our passenger car fleet before 2040, the adoption rate will need to pick up significantly from here
China struggles to regain momentum; Japan retail surges; US manages last-ditch budget compromise; EU inflation retreats; eyes on RBA & RBNZ; UST 10yr 4.58%; gold down again and oil slips; NZ$1 = 60 USc; TWI-5 = 69.9
16
China struggles to regain momentum; Japan retail surges; US manages last-ditch budget compromise; EU inflation retreats; eyes on RBA & RBNZ; UST 10yr 4.58%; gold down again and oil slips; NZ$1 = 60 USc; TWI-5 = 69.9
While the number of mortgage top-ups have fallen, they are still a very popular way of funding big personal projects. And the data suggests they are being used more for home renovations as other uses fall away
12
While the number of mortgage top-ups have fallen, they are still a very popular way of funding big personal projects. And the data suggests they are being used more for home renovations as other uses fall away
US shutdown likely; US makes progress on inflation as incomes hold up; Japanese retail sales jump; China on holiday; EU inflation eases; UST 10yr 4.57%; gold down sharply again and oil slips again; NZ$1 = 59.9 USc; TWI-5 = 69.9
58
US shutdown likely; US makes progress on inflation as incomes hold up; Japanese retail sales jump; China on holiday; EU inflation eases; UST 10yr 4.57%; gold down sharply again and oil slips again; NZ$1 = 59.9 USc; TWI-5 = 69.9
A review of things you need to know before you sign off on Friday; housing lending lackluster but repricing risk grows, funds flood back to TDs, consumer sentiment surprise, swaps up, NZD firm, & more
104
A review of things you need to know before you sign off on Friday; housing lending lackluster but repricing risk grows, funds flood back to TDs, consumer sentiment surprise, swaps up, NZD firm, & more
The latest ANZ-Roy Morgan survey of consumer sentiment doesn't find much spring in the step of households but it does find some, and in the most surprising places
18
The latest ANZ-Roy Morgan survey of consumer sentiment doesn't find much spring in the step of households but it does find some, and in the most surprising places
American data holds up; Canadian earnings advance; German inflation falls; container shipping rates fall again; UST 10yr 4.62%; gold down sharply and oil slips; NZ$1 = 59.7 USc; TWI-5 = 69.6
130
American data holds up; Canadian earnings advance; German inflation falls; container shipping rates fall again; UST 10yr 4.62%; gold down sharply and oil slips; NZ$1 = 59.7 USc; TWI-5 = 69.6
A review of things you need to know before you sign off on Thursday: business mood improves but ..., eyes on young people leaving, NZGB bond demand softer, fewer cranes, swaps & NZD stable, & more
54
A review of things you need to know before you sign off on Thursday: business mood improves but ..., eyes on young people leaving, NZGB bond demand softer, fewer cranes, swaps & NZD stable, & more
interest.co.nz is a free service for all - help us stay that way. If you know us, trust us, and value what we do, can we ask you to support us - and Supporters can go ad-free
48
interest.co.nz is a free service for all - help us stay that way. If you know us, trust us, and value what we do, can we ask you to support us - and Supporters can go ad-free
Americans chase yield away from banks; China profits may have bottomed out; Australia has sticky inflation; Aussie job vacancies slip; UST 10yr 4.64%; gold down sharply and oil up; NZ$1 = 59.2 USc; TWI-5 = 69.4
72
Americans chase yield away from banks; China profits may have bottomed out; Australia has sticky inflation; Aussie job vacancies slip; UST 10yr 4.64%; gold down sharply and oil up; NZ$1 = 59.2 USc; TWI-5 = 69.4
A review of things you need to know before you sign off on Wednesday; BNZ tweaks up some home loan rates, employment confidence falls, Geneva probed by RBNZ, swaps unchanged, NZD slips, & more
31
A review of things you need to know before you sign off on Wednesday; BNZ tweaks up some home loan rates, employment confidence falls, Geneva probed by RBNZ, swaps unchanged, NZD slips, & more
US worries grow, shutdown closer; Amazon sued for monopoly abuses; China's pall spreads, Dan Andrews quits; UST 10yr 4.55%; gold down and oil unchanged; NZ$1 = 59.6 USc; TWI-5 = 69.5
144
US worries grow, shutdown closer; Amazon sued for monopoly abuses; China's pall spreads, Dan Andrews quits; UST 10yr 4.55%; gold down and oil unchanged; NZ$1 = 59.6 USc; TWI-5 = 69.5
A review of things you need to know before you sign off on Tuesday; no retail rate changes, mortgage lending turns up, truckometer not gloomy, benchmark rates jump, NZD firms, & more
37
A review of things you need to know before you sign off on Tuesday; no retail rate changes, mortgage lending turns up, truckometer not gloomy, benchmark rates jump, NZD firms, & more
Benchmark bond yields rise; China faces property rout; Singapore core inflation eases; Australian livestock prices retreat; UST 10yr 4.53%; gold and oil dip; NZ$1 = 59.6 USc; TWI-5 = 69.5
109
Benchmark bond yields rise; China faces property rout; Singapore core inflation eases; Australian livestock prices retreat; UST 10yr 4.53%; gold and oil dip; NZ$1 = 59.6 USc; TWI-5 = 69.5
A review of things you need to know before you sign off on Monday; more retail rate rises, fewer ACC claims, Synlait challenged, more election policy, swaps stable, NZD unchanged, & more
39
A review of things you need to know before you sign off on Monday; more retail rate rises, fewer ACC claims, Synlait challenged, more election policy, swaps stable, NZD unchanged, & more
[updated]
There are more home loan rate rises but they are not market leading - those are yet to come. Still, the sting to household budgets will be spreading around the country, and the downstream impacts won't be light
139
There are more home loan rate rises but they are not market leading - those are yet to come. Still, the sting to household budgets will be spreading around the country, and the downstream impacts won't be light
[updated]
Westpac's 6% nine month TD rate shifts a main bank into the heart of where savers want to commit for term savings, and close to where challenger banks have already gone
25
Westpac's 6% nine month TD rate shifts a main bank into the heart of where savers want to commit for term savings, and close to where challenger banks have already gone
China pork prices rise sharply; Japanese inflation stays high; US PMIs little-changed; US Govt shutdown still possible; UST 10yr 4.44%; gold up and oil unchanged; NZ$1 = 59.6 USc; TWI-5 = 69.3
39
China pork prices rise sharply; Japanese inflation stays high; US PMIs little-changed; US Govt shutdown still possible; UST 10yr 4.44%; gold up and oil unchanged; NZ$1 = 59.6 USc; TWI-5 = 69.3