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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
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A review of things you need to know before you sign off on Wednesday; many retail rate changes, minimum wage to rise +7.1%, dairy prices rise, swaps rates up again, NZD soft, & more
8th Feb 23, 3:59pm
23
A review of things you need to know before you sign off on Wednesday; many retail rate changes, minimum wage to rise +7.1%, dairy prices rise, swaps rates up again, NZD soft, & more
[updated]
Westpac the latest big bank to cut fixed home loan rates as wholesale rates turn back up. In this confusing mortgage market haggle with your bank
8th Feb 23, 10:41am
7
Westpac the latest big bank to cut fixed home loan rates as wholesale rates turn back up. In this confusing mortgage market haggle with your bank
Dairy prices rise; US retail growth sags; US trade deficit nears -$1 tln; Fed says 'more work to do'; Japan incomes rise; RBA hikes, says more coming; UST 10yr 3.62%; gold and oil up; NZ$1 = 62.3 USc; TWI-5 = 70.5
8th Feb 23, 7:19am
100
Dairy prices rise; US retail growth sags; US trade deficit nears -$1 tln; Fed says 'more work to do'; Japan incomes rise; RBA hikes, says more coming; UST 10yr 3.62%; gold and oil up; NZ$1 = 62.3 USc; TWI-5 = 70.5
A review of things you need to know before you sign off on Tuesday; some more retail rate changes, petrol cost up, commodity prices ease, livestock prices down, 90 day bank bill rate at 13yr high, swaps up, NZD recovers, & more
7th Feb 23, 4:01pm
59
A review of things you need to know before you sign off on Tuesday; some more retail rate changes, petrol cost up, commodity prices ease, livestock prices down, 90 day bank bill rate at 13yr high, swaps up, NZD recovers, & more
China books some unsteady gains; US jobs gains impress; US service sector recovers; German factory orders up; air cargo growth lame; UST 10yr 3.64%; gold up and oil unchanged; NZ$1 = 62.8 USc; TWI-5 = 70.5
7th Feb 23, 7:19am
83
China books some unsteady gains; US jobs gains impress; US service sector recovers; German factory orders up; air cargo growth lame; UST 10yr 3.64%; gold up and oil unchanged; NZ$1 = 62.8 USc; TWI-5 = 70.5
American labour markets surprise with their strength; US service sector rises; Toronto house sales dive; China service sector rises; Aussie housing lending falls; UST 10yr 3.52%; gold and oil drop; NZ$1 = 63.5 USc; TWI-5 = 70.7
4th Feb 23, 8:38am
75
American labour markets surprise with their strength; US service sector rises; Toronto house sales dive; China service sector rises; Aussie housing lending falls; UST 10yr 3.52%; gold and oil drop; NZ$1 = 63.5 USc; TWI-5 = 70.7
A review of things you need to know before you sign off on Friday; more home loan and TD changes, consumer confidence up off extreme lows, spending restrain, credit demand 'mixed', swaps fall hard again, NZD holds, & more
3rd Feb 23, 3:59pm
89
A review of things you need to know before you sign off on Friday; more home loan and TD changes, consumer confidence up off extreme lows, spending restrain, credit demand 'mixed', swaps fall hard again, NZD holds, & more
BNZ returns with more home loan rate reductions, a day after their first set of changes. These come as wholesale markets shift their bets to lower levels, mainly on international influences
3rd Feb 23, 9:43am
28
BNZ returns with more home loan rate reductions, a day after their first set of changes. These come as wholesale markets shift their bets to lower levels, mainly on international influences
US labour market signals mixed; US factory orders bounce back; Hong Kong to give away 500,000 air tickets; ECB and BofE raise rates +50 bps; UST 10yr 3.38%; gold down and oil unchanged; NZ$1 = 64.9 USc; TWI-5 = 71.4
3rd Feb 23, 7:19am
46
US labour market signals mixed; US factory orders bounce back; Hong Kong to give away 500,000 air tickets; ECB and BofE raise rates +50 bps; UST 10yr 3.38%; gold down and oil unchanged; NZ$1 = 64.9 USc; TWI-5 = 71.4
A review of things you need to know before you sign off on Thursday; Barfoots suffers, building consents rise, HLPI vs the CPI, Westpac offers grants, strong demand for NZGBs, swaps fall, NZD rises, & more
2nd Feb 23, 3:59pm
117
A review of things you need to know before you sign off on Thursday; Barfoots suffers, building consents rise, HLPI vs the CPI, Westpac offers grants, strong demand for NZGBs, swaps fall, NZD rises, & more
ANZ and BNZ both change fixed mortgage rates, embedding inverted offerings into their rate cards as wholesale rates shift lower
2nd Feb 23, 8:02am
44
ANZ and BNZ both change fixed mortgage rates, embedding inverted offerings into their rate cards as wholesale rates shift lower
[updated]
Markets await the Fed; US factory sector slows; jobs gains less than expected; China PMIs disappoint; Adani stumbles again; EU inflation eases; UST 10yr 3.46%; gold and oil lower; NZ$1 = 64.4 USc; TWI-5 = 70.9
2nd Feb 23, 7:19am
113
Markets await the Fed; US factory sector slows; jobs gains less than expected; China PMIs disappoint; Adani stumbles again; EU inflation eases; UST 10yr 3.46%; gold and oil lower; NZ$1 = 64.4 USc; TWI-5 = 70.9
A review of things you need to know before you sign off on Wednesday; markets react to softer labour market data, house sellers 'unrealistic', temporary petrol tax cut extended, swaps fall at short end, NZD soft, & more
1st Feb 23, 3:59pm
107
A review of things you need to know before you sign off on Wednesday; markets react to softer labour market data, house sellers 'unrealistic', temporary petrol tax cut extended, swaps fall at short end, NZD soft, & more
China emerges from its pandemic funk; Japanese retail improves; American indicators mixed; German and Aussie retail sales poor; IMF raises its forecasts; UST 10yr 3.53%; gold up and oil lower; NZ$1 = 64.6 USc; TWI-5 = 71.4
1st Feb 23, 7:19am
83
China emerges from its pandemic funk; Japanese retail improves; American indicators mixed; German and Aussie retail sales poor; IMF raises its forecasts; UST 10yr 3.53%; gold up and oil lower; NZ$1 = 64.6 USc; TWI-5 = 71.4
New Zealand's largest bank 'moves early' on interest rates for its business clients, raising them by 40 basis points
31st Jan 23, 9:16am
21
New Zealand's largest bank 'moves early' on interest rates for its business clients, raising them by 40 basis points
Ahead of the Fed, US data soft; China pushes students overseas; Adani slide continues; EU sentiment improves; German GDP slips; UST 10yr 3.55%; gold oil lower; NZ$1 = 64.8 USc; TWI-5 = 71.6
31st Jan 23, 7:19am
61
Ahead of the Fed, US data soft; China pushes students overseas; Adani slide continues; EU sentiment improves; German GDP slips; UST 10yr 3.55%; gold oil lower; NZ$1 = 64.8 USc; TWI-5 = 71.6
A review of things you need to know before you sign off on Monday; more home loan and TD rate changes, rural exports shine, despite paying $1 bln more in interest, no mortgage stress, swaps firm, NZD little-changed, & more
30th Jan 23, 3:59pm
88
A review of things you need to know before you sign off on Monday; more home loan and TD rate changes, rural exports shine, despite paying $1 bln more in interest, no mortgage stress, swaps firm, NZD little-changed, & more
China back from holiday; India rising on debt funding; Tokyo inflation high; US inflation eases; Aussie PPI turns; metals prices rise on global optimism; UST 10yr 3.51%; gold and oil little-changed; NZ$1 = 64.9 USc; TWI-5 = 71.5
30th Jan 23, 7:27am
124
China back from holiday; India rising on debt funding; Tokyo inflation high; US inflation eases; Aussie PPI turns; metals prices rise on global optimism; UST 10yr 3.51%; gold and oil little-changed; NZ$1 = 64.9 USc; TWI-5 = 71.5
US inflation pressure eases, consumers pull back; Tokyo inflation rises above 4%; China emerges from lockdowns; India grows on more debt; Aussie PPI eases; UST 10yr 3.47%; gold up and oil down; NZ$1 = 64.9 USc; TWI-5 = 71.5
28th Jan 23, 8:39am
44
US inflation pressure eases, consumers pull back; Tokyo inflation rises above 4%; China emerges from lockdowns; India grows on more debt; Aussie PPI eases; UST 10yr 3.47%; gold up and oil down; NZ$1 = 64.9 USc; TWI-5 = 71.5
A review of things you need to know before you sign off on Friday; notable retail rates changes, business confidence rises off its lows, ANZ seeks more funding, swaps rise modestly, NZD firms, & more
27th Jan 23, 3:59pm
57
A review of things you need to know before you sign off on Friday; notable retail rates changes, business confidence rises off its lows, ANZ seeks more funding, swaps rise modestly, NZD firms, & more
American data resilient and impressive; no labour market stress signs yet; Hong Kong exports dive; Singapore and Philippines rise; freight rates push lower; UST 10yr 3.47%; gold down and oil up; NZ$1 = 64.7 USc; TWI-5 = 71.3
27th Jan 23, 7:25am
153
American data resilient and impressive; no labour market stress signs yet; Hong Kong exports dive; Singapore and Philippines rise; freight rates push lower; UST 10yr 3.47%; gold down and oil up; NZ$1 = 64.7 USc; TWI-5 = 71.3
Westpac has reacted to ASB's shift to an inverted mortgage rate card. They too have inverted, and matched ASB at the long end
26th Jan 23, 5:51pm
21
Westpac has reacted to ASB's shift to an inverted mortgage rate card. They too have inverted, and matched ASB at the long end
A review of things you need to know before you sign off on Thursday; more TD rises, Crown Accounts better, hardship grant levels high but ease off, FHB affordability worst ever, swaps up, NZD little-changed, & more
26th Jan 23, 3:59pm
76
A review of things you need to know before you sign off on Thursday; more TD rises, Crown Accounts better, hardship grant levels high but ease off, FHB affordability worst ever, swaps up, NZD little-changed, & more
US mortgage applications firm; Canada hikes and signals end; China suffers though cold; Germany to avoid recession; Aussie inflation delivers tough choices; UST 10yr 3.46%; gold and oil up; NZ$1 = 64.6 USc; TWI-5 = 71.2
26th Jan 23, 7:19am
148
US mortgage applications firm; Canada hikes and signals end; China suffers though cold; Germany to avoid recession; Aussie inflation delivers tough choices; UST 10yr 3.46%; gold and oil up; NZ$1 = 64.6 USc; TWI-5 = 71.2
A review of things you need to know before you sign off on Wednesday; inflation stays very high but bank analysts talk it down, credit card use weak, FMA issues scam alert, swaps firm, NZD holds, & more
25th Jan 23, 3:59pm
80
A review of things you need to know before you sign off on Wednesday; inflation stays very high but bank analysts talk it down, credit card use weak, FMA issues scam alert, swaps firm, NZD holds, & more