David Chaston

Xi anointed as expected; Chinese housing sales fade further; global credit threats rise, car loans and commercial property eyed; Japan supports the yen; UST 10yr 4.22%; gold and oil up; NZ$1 = 57.6 USc; TWI-5 = 68.1

Xi anointed as expected; Chinese housing sales fade further; global credit threats rise, car loans and commercial property eyed; Japan supports the yen; UST 10yr 4.22%; gold and oil up; NZ$1 = 57.6 USc; TWI-5 = 68.1

Eyes on financial market judgments; US Fed shrinks its balance sheet; Japan intervenes to save the yen; China's economy struggles; eyes on Aussie CPI; UST 10yr 4.22%; gold up and oil flat; NZ$1 = 57.6 USc; TWI-5 = 68.1

Eyes on financial market judgments; US Fed shrinks its balance sheet; Japan intervenes to save the yen; China's economy struggles; eyes on Aussie CPI; UST 10yr 4.22%; gold up and oil flat; NZ$1 = 57.6 USc; TWI-5 = 68.1

A review of things you need to know before you sign off on Friday; Many retail rate hikes, another bad trade deficit, credit card data shows early sign of stress, swaps little changed, NZD stable, & more

A review of things you need to know before you sign off on Friday; Many retail rate hikes, another bad trade deficit, credit card data shows early sign of stress, swaps little changed, NZD stable, & more

Kiwibank is the next major bank to raised interest rates for both borrowers and savers, but because we are in the middle of a sharp global shift higher, New Zealand banks may have to move up again in the coming week or so

Kiwibank is the next major bank to raised interest rates for both borrowers and savers, but because we are in the middle of a sharp global shift higher, New Zealand banks may have to move up again in the coming week or so

US labour market strong but some sectors not; China to attack wealth accumulation; Yen sinks; container shipping costs fall again; Victoria to renationalise power sector; UST 10yr 4.22%; gold and oil up; NZ$1 = 57 USc; TWI-5 = 67.9

US labour market strong but some sectors not; China to attack wealth accumulation; Yen sinks; container shipping costs fall again; Victoria to renationalise power sector; UST 10yr 4.22%; gold and oil up; NZ$1 = 57 USc; TWI-5 = 67.9

A review of things you need to know before you sign off on Thursday; Westpac moves on fixed rates too, AIA reports surge, Fonterra unhappy with Govt., household net worth dives, swaps up sharply again, NZD dips, & more

A review of things you need to know before you sign off on Thursday; Westpac moves on fixed rates too, AIA reports surge, Fonterra unhappy with Govt., household net worth dives, swaps up sharply again, NZD dips, & more

Fixed home loan rate rises are spreading with another major mortgage lender pushing through big increases. But in the background the causes are rising even further, meaning this won't end soon

Fixed home loan rate rises are spreading with another major mortgage lender pushing through big increases. But in the background the causes are rising even further, meaning this won't end soon

US data mixed but Beige Book confirms expansion; CPI data from Canada, EU and UK all high; lithium price in new surge; UST 10yr 4.11%; gold down and oil up; NZ$1 = 56.6 USc; TWI-5 = 67.5

US data mixed but Beige Book confirms expansion; CPI data from Canada, EU and UK all high; lithium price in new surge; UST 10yr 4.11%; gold down and oil up; NZ$1 = 56.6 USc; TWI-5 = 67.5

ANZ first to react to the much higher wholesale swap rates flowing from the surprise CPI data. Bank raises fixed home loan rates by about +45 bps and term deposit rates by about +30 bps

ANZ first to react to the much higher wholesale swap rates flowing from the surprise CPI data. Bank raises fixed home loan rates by about +45 bps and term deposit rates by about +30 bps

A review of things you need to know before you sign off on Wednesday; weak dairy auction, InvestNow warned, NZIER wants evidence used, Australia wetter, swaps up again, NZD firm, & more

A review of things you need to know before you sign off on Wednesday; weak dairy auction, InvestNow warned, NZIER wants evidence used, Australia wetter, swaps up again, NZD firm, & more

Dairy prices fall again; US retail sales flatline; US industrial production strong; China on hold; low German sentiment unchanged; commodity prices weaken; UST 10yr 4.02%; gold and oil down; NZ$1 = 56.8 USc; TWI-5 = 67.4

Dairy prices fall again; US retail sales flatline; US industrial production strong; China on hold; low German sentiment unchanged; commodity prices weaken; UST 10yr 4.02%; gold and oil down; NZ$1 = 56.8 USc; TWI-5 = 67.4

A review of things you need to know before you sign off on Tuesday; last echo of rate hikes before the rush for new ones, CPI stays very high, agent commissions low, swaps up, NZD firm, & more

A review of things you need to know before you sign off on Tuesday; last echo of rate hikes before the rush for new ones, CPI stays very high, agent commissions low, swaps up, NZD firm, & more

All the wholesale signals point to a new round of fixed mortgage rate increases soon, even in a real estate market that's failing to fire this spring

All the wholesale signals point to a new round of fixed mortgage rate increases soon, even in a real estate market that's failing to fire this spring

NY factories slow; US freight activity up; China's 'opening up' stutters; Japanese industrial production up; Aussie floods affect harvests; UST 10yr 4.01%; gold and oil up; NZ$1 = 56.4 USc; TWI-5 = 66.9

NY factories slow; US freight activity up; China's 'opening up' stutters; Japanese industrial production up; Aussie floods affect harvests; UST 10yr 4.01%; gold and oil up; NZ$1 = 56.4 USc; TWI-5 = 66.9

A review of things you need to know before you sign off on Monday; more retail rate rises, service sector still healthy, Vero faces court, Air NZ to borrow more, eyes on CPI, swaps up, NZD holds, & more

A review of things you need to know before you sign off on Monday; more retail rate rises, service sector still healthy, Vero faces court, Air NZ to borrow more, eyes on CPI, swaps up, NZD holds, & more

Xi promises 'incomparable glory' for China; China inflation stays low; US retail sales miss forecasts; sharp UK u-turn; UST 10yr 4.02%; gold up and oil unchanged; NZ$1 = 55.6 USc; TWI-5 = 66.5

Xi promises 'incomparable glory' for China; China inflation stays low; US retail sales miss forecasts; sharp UK u-turn; UST 10yr 4.02%; gold up and oil unchanged; NZ$1 = 55.6 USc; TWI-5 = 66.5

Investors have nowhere to hide; borrowers face much higher costs; US retail sales hold; Chinese inflation low; UK does U-turn; UST 10yr 4.02%; gold and oil down; NZ$1 = 55.6 USc; TWI-5 = 66.5

Investors have nowhere to hide; borrowers face much higher costs; US retail sales hold; Chinese inflation low; UK does U-turn; UST 10yr 4.02%; gold and oil down; NZ$1 = 55.6 USc; TWI-5 = 66.5

A review of things you need to know before you sign off on Friday; more retail rate changes, PMI expansion softens, final Christchurch Trust grants?, Chinese inflation stays low, swaps up, NZD firms, & more

A review of things you need to know before you sign off on Friday; more retail rate changes, PMI expansion softens, final Christchurch Trust grants?, Chinese inflation stays low, swaps up, NZD firms, & more

US inflation sticks high; US jobless claims at record low; Japan's PPI very high; China struggles; container freight rates fall sharply again; UST 10yr 3.94%; gold down and oil up; NZ$1 = 56.3 USc; TWI-5 = 66.9

US inflation sticks high; US jobless claims at record low; Japan's PPI very high; China struggles; container freight rates fall sharply again; UST 10yr 3.94%; gold down and oil up; NZ$1 = 56.3 USc; TWI-5 = 66.9

A review of things you need to know before you sign off on Thursday; final main bank raises its floating rate, food prices up, QV sees fast-falling home values, no sign of mortgage stress yet, swaps stable, NZD holds, & more

A review of things you need to know before you sign off on Thursday; final main bank raises its floating rate, food prices up, QV sees fast-falling home values, no sign of mortgage stress yet, swaps stable, NZD holds, & more

US Fed minutes unsurprising; Japanese machine tool orders rise; Korea raises rates +50 bps; Indian factories stumble; UK turmoil intensifies; UST 10yr 3.90%; gold and oil down; NZ$1 = 56 USc; TWI-5 = 66.9

US Fed minutes unsurprising; Japanese machine tool orders rise; Korea raises rates +50 bps; Indian factories stumble; UK turmoil intensifies; UST 10yr 3.90%; gold and oil down; NZ$1 = 56 USc; TWI-5 = 66.9

A review of things you need to know before you sign off on Wednesday; finally more floating rate hikes come, many TD rises too, housing market struggles, borders reopening, swaps firmer again, NZD firmer, & more

A review of things you need to know before you sign off on Wednesday; finally more floating rate hikes come, many TD rises too, housing market struggles, borders reopening, swaps firmer again, NZD firmer, & more

US inflation expectations fall; China bank loans jump; UK continues emergency support; Aussie business sentiment falls; IMF says worst yet to come; UST 10yr 3.89%; gold up and oil down; NZ$1 = 56.5 USc; TWI-5 = 67.1

US inflation expectations fall; China bank loans jump; UK continues emergency support; Aussie business sentiment falls; IMF says worst yet to come; UST 10yr 3.89%; gold up and oil down; NZ$1 = 56.5 USc; TWI-5 = 67.1

Most banks have been slow to respond to the October 5 RBNZ +50 bps hike to the OCR. They are only now getting around to making floating rate adjustments with Westpac, and now ASB & BNZ seven days after the OCR change

Most banks have been slow to respond to the October 5 RBNZ +50 bps hike to the OCR. They are only now getting around to making floating rate adjustments with Westpac, and now ASB & BNZ seven days after the OCR change

A review of things you need to know before you sign off on Tuesday; still no more OCR-induced rate hikes, retail activity rises, more trucking activity, HWEN fights, swaps rise again, NZD falls again, & more

A review of things you need to know before you sign off on Tuesday; still no more OCR-induced rate hikes, retail activity rises, more trucking activity, HWEN fights, swaps rise again, NZD falls again, & more