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
US factory activity holds; companies move capacity to the US; China exhibits angst on stuttering economy; Aussie retail sales bounce back; UST 10yr 3.11%; gold unchanged and oil up; NZ$1 = 61.6 USc; TWI-5 = 70.8
30th Aug 22, 7:19am
40
US factory activity holds; companies move capacity to the US; China exhibits angst on stuttering economy; Aussie retail sales bounce back; UST 10yr 3.11%; gold unchanged and oil up; NZ$1 = 61.6 USc; TWI-5 = 70.8
A review of things you need to know before you sign off on Monday; business borrowing weak, huge Auckland Council profit - again, strong jobs growth, another big FLP drawdown, swaps leap, NZD stays low, & more
29th Aug 22, 3:59pm
18
A review of things you need to know before you sign off on Monday; business borrowing weak, huge Auckland Council profit - again, strong jobs growth, another big FLP drawdown, swaps leap, NZD stays low, & more
China's large firms report shrinking margins, rising liabilities; food and power building China issues; Powell 100% focused on getting inflation lower; eyes on US jobs; UST 10yr 3.03%; gold and oil unchanged; NZ$1 = 61.3 USc; TWI-5 = 70.5
29th Aug 22, 7:19am
67
China's large firms report shrinking margins, rising liabilities; food and power building China issues; Powell 100% focused on getting inflation lower; eyes on US jobs; UST 10yr 3.03%; gold and oil unchanged; NZ$1 = 61.3 USc; TWI-5 = 70.5
Powell is short, sharp and clear; equity markets recoil; US inflation eases; US sentiment improves; California sets a hard end to ICEs; China struggles with heat; UST 10yr 3.03%; gold down and oil unchanged; NZ$1 = 61.4 USc; TWI-5 = 70.5
27th Aug 22, 8:39am
60
Powell is short, sharp and clear; equity markets recoil; US inflation eases; US sentiment improves; California sets a hard end to ICEs; China struggles with heat; UST 10yr 3.03%; gold down and oil unchanged; NZ$1 = 61.4 USc; TWI-5 = 70.5
A review of things you need to know before you sign off on Friday; home loan affordability not improving much; lift in consumer sentiment; Fonterra trims payout, Orr says he is on the right path, swaps and NZD stable, & more
26th Aug 22, 3:59pm
56
A review of things you need to know before you sign off on Friday; home loan affordability not improving much; lift in consumer sentiment; Fonterra trims payout, Orr says he is on the right path, swaps and NZD stable, & more
US jobless claims fall; US data mixed; eyes on Powell; China releases more stimulus; Korea raises rates; Germany still growing; freight rates fall faster; UST 10yr 3.03%; gold up and oil down; NZ$1 = 62.3 USc; TWI-5 = 71.3
26th Aug 22, 7:33am
35
US jobless claims fall; US data mixed; eyes on Powell; China releases more stimulus; Korea raises rates; Germany still growing; freight rates fall faster; UST 10yr 3.03%; gold up and oil down; NZ$1 = 62.3 USc; TWI-5 = 71.3
[updated]
A review of things you need to know before you sign off on Thursday; Westpac boosts some short TD rates, housing confidence crumbles, retail retreats unexpectedly, SMEs suffering, BNPL casualty, swaps firm, NZD holds, & much more
25th Aug 22, 3:59pm
36
A review of things you need to know before you sign off on Thursday; Westpac boosts some short TD rates, housing confidence crumbles, retail retreats unexpectedly, SMEs suffering, BNPL casualty, swaps firm, NZD holds, & much more
US data weaker; Japan rediscovers the nuclear advantage; China races to save their rice harvest; EU gets new gas price spike; Sydney to get world's tallest wood skyscraper; UST 10yr 3.11%; gold and oil up again; NZ$1 = 61.8 USc; TWI-5 = 71.1
25th Aug 22, 7:29am
63
US data weaker; Japan rediscovers the nuclear advantage; China races to save their rice harvest; EU gets new gas price spike; Sydney to get world's tallest wood skyscraper; UST 10yr 3.11%; gold and oil up again; NZ$1 = 61.8 USc; TWI-5 = 71.1
A review of things you need to know before you sign off on Wednesday; some late rate changes, fatter bank margins, vanishing investor demand, end of the housing shortage?, swaps rise again, NZD holds, & more
24th Aug 22, 3:59pm
29
A review of things you need to know before you sign off on Wednesday; some late rate changes, fatter bank margins, vanishing investor demand, end of the housing shortage?, swaps rise again, NZD holds, & more
US data generally weaker, labour market softens; Japan's service sector contracts; inflation up but activity down in Asia region; Aussie PMIs weaker; UST 10yr 3.05%; gold and oil up; NZ$1 = 62.1 USc; TWI-5 = 71.3
24th Aug 22, 7:28am
57
US data generally weaker, labour market softens; Japan's service sector contracts; inflation up but activity down in Asia region; Aussie PMIs weaker; UST 10yr 3.05%; gold and oil up; NZ$1 = 62.1 USc; TWI-5 = 71.3
A review of things you need to know before you sign off on Tuesday; all big banks have now pushed through their floating rate increases, no sign of mortgage stress, auction rooms quiet, swaps rise & steepen, NZD stable, & more
23rd Aug 22, 3:59pm
61
A review of things you need to know before you sign off on Tuesday; all big banks have now pushed through their floating rate increases, no sign of mortgage stress, auction rooms quiet, swaps rise & steepen, NZD stable, & more
Although most attention is given to mortgage floating rate hikes, savings account rates are being raised at the same time. We assess the changes to bonus savers so far
23rd Aug 22, 2:27pm
2
Although most attention is given to mortgage floating rate hikes, savings account rates are being raised at the same time. We assess the changes to bonus savers so far
China's drought hurt extends; China cuts rates; Taiwan export orders fall; Chicago Fed's NAI rises; focus on Powell becomes excessive; UST 10yr 3.04%; gold down and oil little-changed; NZ$1 = 61.6 USc; TWI-5 = 70.9
23rd Aug 22, 7:19am
58
China's drought hurt extends; China cuts rates; Taiwan export orders fall; Chicago Fed's NAI rises; focus on Powell becomes excessive; UST 10yr 3.04%; gold down and oil little-changed; NZ$1 = 61.6 USc; TWI-5 = 70.9
A review of things you need to know before you sign off on Monday; more rate changes, Kiwibank's ownership simplified, Visa pushes against fraud, China cuts rates, swaps rise, NZD holds, & more
22nd Aug 22, 3:59pm
36
A review of things you need to know before you sign off on Monday; more rate changes, Kiwibank's ownership simplified, Visa pushes against fraud, China cuts rates, swaps rise, NZD holds, & more
ASB and The Co-operative Bank make mortgage rate changes, and some savings account changes. There are small variations between institutions that open up some opportunities
22nd Aug 22, 10:30am
31
ASB and The Co-operative Bank make mortgage rate changes, and some savings account changes. There are small variations between institutions that open up some opportunities
ADB to stop funding Chinese projects; Japan's inflation rises; eyes on Jackson Hole; eyes on US corn crop; beef and lamb prices rise to records as carbon price rises; UST 10yr 2.97%; gold up and oil little-changed; NZ$1 = 61.7 USc; TWI-5 = 70.8
22nd Aug 22, 7:19am
33
ADB to stop funding Chinese projects; Japan's inflation rises; eyes on Jackson Hole; eyes on US corn crop; beef and lamb prices rise to records as carbon price rises; UST 10yr 2.97%; gold up and oil little-changed; NZ$1 = 61.7 USc; TWI-5 = 70.8
Fed to live test a soft-landing; Canada retail slips; China FDI swells; Japan inflation up; Aussie renewables rise; meat prices jump; carbon prices up too; UST 10yr 2.97%; gold and oil down; NZ$1 = 61.7 USc; TWI-5 = 70.8
20th Aug 22, 8:42am
40
Fed to live test a soft-landing; Canada retail slips; China FDI swells; Japan inflation up; Aussie renewables rise; meat prices jump; carbon prices up too; UST 10yr 2.97%; gold and oil down; NZ$1 = 61.7 USc; TWI-5 = 70.8
[updated]
A review of things you need to know before you sign off on Friday; ANZ raises its floating rates, trade balance deteriorates, credit cards in funk, yield curve goes flat, swaps stable, NZD holds, & more
19th Aug 22, 3:59pm
95
A review of things you need to know before you sign off on Friday; ANZ raises its floating rates, trade balance deteriorates, credit cards in funk, yield curve goes flat, swaps stable, NZD holds, & more
US data continues impressive run; China battles heat, drought and property woes; EU inflation past peak; Turkey acts oddly again; Aussie jobless rate falls; UST 10yr 2.88%; gold down and oil up; NZ$1 = 62.6 USc; TWI-5 = 71.4
19th Aug 22, 7:23am
104
US data continues impressive run; China battles heat, drought and property woes; EU inflation past peak; Turkey acts oddly again; Aussie jobless rate falls; UST 10yr 2.88%; gold down and oil up; NZ$1 = 62.6 USc; TWI-5 = 71.4
[updated]
A review of things you need to know before you sign off on Thursday; few rate changes following OCR, Kiwibank profit up, storm relief offered, NZGB yields rise, swaps up, NZD down & more
18th Aug 22, 3:59pm
30
A review of things you need to know before you sign off on Thursday; few rate changes following OCR, Kiwibank profit up, storm relief offered, NZGB yields rise, swaps up, NZD down & more
The US Fed wants to see the evidence; US retail sales disappoint; heat & drought bite China harder; Norway loses NZ's GDP & more; UK inflation over 10%; UST 10yr 2.89%; gold down and oil up; NZ$1 = 62.7 USc; TWI-5 = 71.3
18th Aug 22, 7:20am
58
The US Fed wants to see the evidence; US retail sales disappoint; heat & drought bite China harder; Norway loses NZ's GDP & more; UK inflation over 10%; UST 10yr 2.89%; gold down and oil up; NZ$1 = 62.7 USc; TWI-5 = 71.3
A review of things you need to know before you sign off on Wednesday; OCR rises for a fourth straight time, Kiwibank reacts first, rural real estate sluggish, producer prices high, swaps firm, NZD holds, & more
17th Aug 22, 3:59pm
49
A review of things you need to know before you sign off on Wednesday; OCR rises for a fourth straight time, Kiwibank reacts first, rural real estate sluggish, producer prices high, swaps firm, NZD holds, & more
[updated]
Following a fourth consecutive 50 bps RBNZ OCR hike accompanied by a not-so-hawkish outlook, banks have started to raise their floating rates - the first from Kiwibank, then ANZ
17th Aug 22, 2:55pm
18
Following a fourth consecutive 50 bps RBNZ OCR hike accompanied by a not-so-hawkish outlook, banks have started to raise their floating rates - the first from Kiwibank, then ANZ
Dairy prices slip again; US retail up, industrial production up; Canada CPI down; German sentiment down; China suffers heat and low rainfall; UST 10yr 2.82%; gold and oil drop; NZ$1 = 63.4 USc; TWI-5 = 71.9
17th Aug 22, 7:26am
49
Dairy prices slip again; US retail up, industrial production up; Canada CPI down; German sentiment down; China suffers heat and low rainfall; UST 10yr 2.82%; gold and oil drop; NZ$1 = 63.4 USc; TWI-5 = 71.9
A review of things you need to know before you sign off on Tuesday; housing markets at turning point; population becalmed & older, house building out of steam; dairy prices in focus, swaps await RBNZ signals, NZD slips, & more
16th Aug 22, 3:59pm
76
A review of things you need to know before you sign off on Tuesday; housing markets at turning point; population becalmed & older, house building out of steam; dairy prices in focus, swaps await RBNZ signals, NZD slips, & more