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
A review of things you need to know before you sign off on Monday; Supermarket supply costs moderate; BNZ can't shake Gloriavale, NZGB bond transaction high, swaps rise, NZD stable, & more
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A review of things you need to know before you sign off on Monday; Supermarket supply costs moderate; BNZ can't shake Gloriavale, NZGB bond transaction high, swaps rise, NZD stable, & more
China CPI little-changed, PPI deflates less; Japan expansion confirmed; US wealth grows, but carmaker strike looms; global food prices fall; UST 10yr 4.26%; gold and oil ease; NZ$1 = 58.8 USc; TWI-5 = 68.5
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China CPI little-changed, PPI deflates less; Japan expansion confirmed; US wealth grows, but carmaker strike looms; global food prices fall; UST 10yr 4.26%; gold and oil ease; NZ$1 = 58.8 USc; TWI-5 = 68.5
US household net worth rises to record high; Canadian jobs growth strong and distorted; Japan's economy expands at a good rate; eyes on China prices; global food prices fall; UST 10yr 4.26%; gold and oil up; NZ$1 = 58.9 USc; TWI-5 = 68.5
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US household net worth rises to record high; Canadian jobs growth strong and distorted; Japan's economy expands at a good rate; eyes on China prices; global food prices fall; UST 10yr 4.26%; gold and oil up; NZ$1 = 58.9 USc; TWI-5 = 68.5
Auction activity level little changed, but spring seems to have brought out more motivated buyers
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Auction activity level little changed, but spring seems to have brought out more motivated buyers
[updated]
A review of things you need to know before you sign off on Friday; Rabobank raises TD rates to highest of any bank, job ads in unexpected rise, swaps stable, NZD rises, & more
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A review of things you need to know before you sign off on Friday; Rabobank raises TD rates to highest of any bank, job ads in unexpected rise, swaps stable, NZD rises, & more
US labour market updates still strong; Canada positive; China exports down along with FX reserves; Aussie trade surplus slips; UST 10yr 4.27%; gold holds but oil slips; NZ$1 = 58.8 USc; TWI-5 = 68.4
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US labour market updates still strong; Canada positive; China exports down along with FX reserves; Aussie trade surplus slips; UST 10yr 4.27%; gold holds but oil slips; NZ$1 = 58.8 USc; TWI-5 = 68.4
A review of things you need to know before you sign off on Thursday; food spending leaves the rest of retail weak, fast rise in filled jobs, final GDP pieces in place, NZGB demand strong, swaps & NZD little-changed, & more
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A review of things you need to know before you sign off on Thursday; food spending leaves the rest of retail weak, fast rise in filled jobs, final GDP pieces in place, NZGB demand strong, swaps & NZD little-changed, & more
US data remarkably resilient again; US growth forecasts to rise; Canada holds rate; China party elders not happy with Xi; global air travel rises; UST 10yr 4.30%; gold slips again but oil rises; NZ$1 = 58.7 USc; TWI-5 = 68.2
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US data remarkably resilient again; US growth forecasts to rise; Canada holds rate; China party elders not happy with Xi; global air travel rises; UST 10yr 4.30%; gold slips again but oil rises; NZ$1 = 58.7 USc; TWI-5 = 68.2
A review of things you need to know before you sign off on Wednesday; residential building work drops, another ETS auction fail, cash use falls, Aussie GDP expands, swaps firm, NZD lower, & more
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A review of things you need to know before you sign off on Wednesday; residential building work drops, another ETS auction fail, cash use falls, Aussie GDP expands, swaps firm, NZD lower, & more
Dairy prices rise, especially WMP; US factory orders slip lower; China service sector cools; EU PPI retreats fast; air cargo activity shows positive growth signs; UST 10yr 4.27%; gold slips again but oil rises; NZ$1 = 58.8 USc; TWI-5 = 68.3
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Dairy prices rise, especially WMP; US factory orders slip lower; China service sector cools; EU PPI retreats fast; air cargo activity shows positive growth signs; UST 10yr 4.27%; gold slips again but oil rises; NZ$1 = 58.8 USc; TWI-5 = 68.3
A review of things you need to know before you sign off on Tuesday; More rising retail rates, commodity prices ease again, PREFU implications eyed, swaps up further on offshore drivers, NZD eases, & more
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A review of things you need to know before you sign off on Tuesday; More rising retail rates, commodity prices ease again, PREFU implications eyed, swaps up further on offshore drivers, NZD eases, & more
Global insurers signal coverage pullback for climate risks; buyers enticed out in China after mortgage rule relaxation; UST 10yr 4.21%; gold slips again and oil holds; NZ$1 = 59.4 USc; TWI-5 = 68.6
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Global insurers signal coverage pullback for climate risks; buyers enticed out in China after mortgage rule relaxation; UST 10yr 4.21%; gold slips again and oil holds; NZ$1 = 59.4 USc; TWI-5 = 68.6
A review of things you need to know before you sign off on Monday; higher retail rates, more Auckland properties sell, better terms of trade, a lot less new lending, swaps up, NZD unchanged, & more
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A review of things you need to know before you sign off on Monday; higher retail rates, more Auckland properties sell, better terms of trade, a lot less new lending, swaps up, NZD unchanged, & more
ASB raises carded fixed home loan rates, now the only bank with a 2-year rate over 7%. This comes as the bank raises term deposit rates for savers
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ASB raises carded fixed home loan rates, now the only bank with a 2-year rate over 7%. This comes as the bank raises term deposit rates for savers
Another main bank, ASB, now offers 6% for term deposits of 1-year, joining Kiwibank. ASB also becomes first bank to raise key 2-year home loan rate above 7%
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Another main bank, ASB, now offers 6% for term deposits of 1-year, joining Kiwibank. ASB also becomes first bank to raise key 2-year home loan rate above 7%
American jobs and pay expand; US factory PMIs contract less; Caixin PMIs expand in surprise; EU PMIs weak, Aussie property lending very weak; UST 10yr 4.18%; gold slips and oil holds up; NZ$1 = 59.4 USc; TWI-5 = 68.7
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American jobs and pay expand; US factory PMIs contract less; Caixin PMIs expand in surprise; EU PMIs weak, Aussie property lending very weak; UST 10yr 4.18%; gold slips and oil holds up; NZ$1 = 59.4 USc; TWI-5 = 68.7
American employment hits record 161 mln; US factories contract less; Canadian economy stalls; EU factories contract; Aussie home lending shrinks; UST 10yr 4.18%; gold and oil up; NZ$1 = 59.4 USc; TWI-5 = 68.7
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American employment hits record 161 mln; US factories contract less; Canadian economy stalls; EU factories contract; Aussie home lending shrinks; UST 10yr 4.18%; gold and oil up; NZ$1 = 59.4 USc; TWI-5 = 68.7
Motivated buyers are still hard to find in residential auctions even though 20% more properties were on offer this week
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Motivated buyers are still hard to find in residential auctions even though 20% more properties were on offer this week
A review of things you need to know before you sign off on Friday; many retail rate changes, sentiment stays low, as does the housing market, some key offloads, car sales low, swaps on hold, NZD firms, & more
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A review of things you need to know before you sign off on Friday; many retail rate changes, sentiment stays low, as does the housing market, some key offloads, car sales low, swaps on hold, NZD firms, & more
American resilience challenges the Fed; China PMIs lackluster; China races through measures to guard against solvency risks for developers; India growth high; UST 10yr 4.09%; gold down and oil up; NZ$1 = 59.6 USc; TWI-5 = 68.6
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American resilience challenges the Fed; China PMIs lackluster; China races through measures to guard against solvency risks for developers; India growth high; UST 10yr 4.09%; gold down and oil up; NZ$1 = 59.6 USc; TWI-5 = 68.6
A review of things you need to know before you sign off on Thursday; Kiwibank breaks through, business sentiment better than expected, mortgage growth low, swaps and NZD on hold, & more
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A review of things you need to know before you sign off on Thursday; Kiwibank breaks through, business sentiment better than expected, mortgage growth low, swaps and NZD on hold, & more
Six percent term deposit offers are more common now with 11 banks offering them. But Kiwibank is the first main bank offering 6% for a 1 year commitment. Some savers can enhance those returns by using PIEs
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Six percent term deposit offers are more common now with 11 banks offering them. But Kiwibank is the first main bank offering 6% for a 1 year commitment. Some savers can enhance those returns by using PIEs
American data eases; Country Garden warns of default; Toyota to build 10 mln+ vehicles in 2023; EU inflation sticky; Aussie power stress imminent; UST 10yr 4.12%; gold and oil up; NZ$1 = 59.7 USc; TWI-5 = 68.6
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American data eases; Country Garden warns of default; Toyota to build 10 mln+ vehicles in 2023; EU inflation sticky; Aussie power stress imminent; UST 10yr 4.12%; gold and oil up; NZ$1 = 59.7 USc; TWI-5 = 68.6
A review of things you need to know before you sign off on Wednesday; a few retail rate changes, building consents slide, WMP holds low, Nats unveil tax policy, swaps soft, NZD firm, & more
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A review of things you need to know before you sign off on Wednesday; a few retail rate changes, building consents slide, WMP holds low, Nats unveil tax policy, swaps soft, NZD firm, & more
US labour market pressures ease; Japanese jobless levels rise; China battles sense of economic fear; Fitch holds NZ rating; WMP prices hold (low); UST 10yr 4.12%; gold and oil up; NZ$1 = 59.6 USc; TWI-5 = 68.6
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US labour market pressures ease; Japanese jobless levels rise; China battles sense of economic fear; Fitch holds NZ rating; WMP prices hold (low); UST 10yr 4.12%; gold and oil up; NZ$1 = 59.6 USc; TWI-5 = 68.6