David Chaston

A review of things you need to know before you sign off on Tuesday; the first 4% TD rate for a term less than 1 year, mortgage borrowing anemic, an epic breach, swaps leap again, NZD stay very low, & more

A review of things you need to know before you sign off on Tuesday; the first 4% TD rate for a term less than 1 year, mortgage borrowing anemic, an epic breach, swaps leap again, NZD stay very low, & more

OECD warns global economy losing momentum fast; US data ok; China moves to defend yuan; Japan services rise; UK unstable; UST 10yr 3.89%; gold and oil fall; NZ$1 = 56.4 USc; TWI-5 = 67.1

OECD warns global economy losing momentum fast; US data ok; China moves to defend yuan; Japan services rise; UK unstable; UST 10yr 3.89%; gold and oil fall; NZ$1 = 56.4 USc; TWI-5 = 67.1

When the two year swap rate was last at Monday's level, that was back in May 2010 and the two year fixed mortgage rate was 7.30%. Who says it won't go back to that level?

When the two year swap rate was last at Monday's level, that was back in May 2010 and the two year fixed mortgage rate was 7.30%. Who says it won't go back to that level?

Bonds, equities, currencies and commodity prices all in turmoil; China home loan rates drop; EU struggles; Moody's cuts mining outlook; UST 10yr 3.70%; gold and oil down sharply; NZ$1 = 57.4 USc; TWI-5 = 67.9

Bonds, equities, currencies and commodity prices all in turmoil; China home loan rates drop; EU struggles; Moody's cuts mining outlook; UST 10yr 3.70%; gold and oil down sharply; NZ$1 = 57.4 USc; TWI-5 = 67.9

A review of things you need to know before you sign off on Friday; more big home loan rate hikes, FMP offer grows, most fx liabilities hedged, general insurers struggle as premiums rise, swaps race higher, NZD holds low, & more

A review of things you need to know before you sign off on Friday; more big home loan rate hikes, FMP offer grows, most fx liabilities hedged, general insurers struggle as premiums rise, swaps race higher, NZD holds low, & more

ASB and HSBC are the next to raise mortgage rates following ANZ and Westpac. ANZ's lead has been justified by global wholesale rate moves following the US Fed signals and may indicate there is [much?] more to come

ASB and HSBC are the next to raise mortgage rates following ANZ and Westpac. ANZ's lead has been justified by global wholesale rate moves following the US Fed signals and may indicate there is [much?] more to come

US current account stays very high; US mortgage rates rise and housing markets stumble; Japan holds low rate, but most other central banks hike, shipping freight rates dive; UST 10yr 3.70%; gold down and oil holds; NZ$1 = 58.5 USc; TWI-5 = 68.4

US current account stays very high; US mortgage rates rise and housing markets stumble; Japan holds low rate, but most other central banks hike, shipping freight rates dive; UST 10yr 3.70%; gold down and oil holds; NZ$1 = 58.5 USc; TWI-5 = 68.4

A review of things you need to know before you sign off on Thursday; Fonterra reports, consumer confidence off the mat, record trade deficit, deposit guarantee closer, swaps firm, NZD soft, & more

A review of things you need to know before you sign off on Thursday; Fonterra reports, consumer confidence off the mat, record trade deficit, deposit guarantee closer, swaps firm, NZD soft, & more

The first bank to take up some of the mortgage rate space offered by ANZ recently is Westpac. But Westpac has set its new rate card offers with some benefits, especially for the three year fixed rate

The first bank to take up some of the mortgage rate space offered by ANZ recently is Westpac. But Westpac has set its new rate card offers with some benefits, especially for the three year fixed rate

US Fed slightly more hawkish; markets struggle to absorb signals; US mortgage applications rise; US home sales fall; China cuts petrol price; RBA nurses big losses; UST 10yr 3.51%; gold up and oil lower; NZ$1 = 59.1 USc; TWI-5 = 68.8

US Fed slightly more hawkish; markets struggle to absorb signals; US mortgage applications rise; US home sales fall; China cuts petrol price; RBA nurses big losses; UST 10yr 3.51%; gold up and oil lower; NZ$1 = 59.1 USc; TWI-5 = 68.8

A review of things you need to know before you sign off on Wednesday; ANZ hikes home loan rates, migrant flows pick up quickly, dairy prices rise, farm sales 'vulnerable', swaps firm, NZD soft, & more

A review of things you need to know before you sign off on Wednesday; ANZ hikes home loan rates, migrant flows pick up quickly, dairy prices rise, farm sales 'vulnerable', swaps firm, NZD soft, & more

We follow up our review of the impact of inflation on house price changes with charts for all the main urban centers. So far, inflation has hurt house prices the least in New Plymouth and Invercargill

We follow up our review of the impact of inflation on house price changes with charts for all the main urban centers. So far, inflation has hurt house prices the least in New Plymouth and Invercargill

Dairy prices rise again; US data good ahead of key Fed decision; Canada inflation eases; Japan inflation rises; Germany PPI explodes; UST 10yr 3.57%; gold and oil lower; NZ$1 = 58.9 USc; TWI-5 = 68.6

Dairy prices rise again; US data good ahead of key Fed decision; Canada inflation eases; Japan inflation rises; Germany PPI explodes; UST 10yr 3.57%; gold and oil lower; NZ$1 = 58.9 USc; TWI-5 = 68.6

New Zealand's largest mortgage lender strikes out ahead of the pack with some sharp rate hikes for the most popular fixed home loan terms. They also make me-too term deposit rate changes

New Zealand's largest mortgage lender strikes out ahead of the pack with some sharp rate hikes for the most popular fixed home loan terms. They also make me-too term deposit rate changes

A review of things you need to know before you sign off on Tuesday; few retail rate changes, eyes on GDT, livestock prices rise, KMD's balance off, swaps hang about, NZD slides further, & more

A review of things you need to know before you sign off on Tuesday; few retail rate changes, eyes on GDT, livestock prices rise, KMD's balance off, swaps hang about, NZD slides further, & more

In real terms, Auckland housing is in a bear market having fallen more than 20% since a peak 10 months ago on an inflation adjusted basis

In real terms, Auckland housing is in a bear market having fallen more than 20% since a peak 10 months ago on an inflation adjusted basis

US Fed policy expectations distorting global finances; Canadian PPI falls; China FDI rises; eyes also on Japanese CPI; UST 10yr 3.49%; gold slips but oil stable; NZ$1 = 59.6 USc; TWI-5 = 69.2

US Fed policy expectations distorting global finances; Canadian PPI falls; China FDI rises; eyes also on Japanese CPI; UST 10yr 3.49%; gold slips but oil stable; NZ$1 = 59.6 USc; TWI-5 = 69.2

A review of things you need to know before you sign off on Monday; Kiwibank ups TD rates, service sector roars back, tractor sales fully recovered, swaps take a breather, NZD stays low, & more

A review of things you need to know before you sign off on Monday; Kiwibank ups TD rates, service sector roars back, tractor sales fully recovered, swaps take a breather, NZD stays low, & more

Risks mount for investors; China data improves, but yuan falls faster in free markets; Chinese property prices fall; Hungary imposes controls; funds flow into the US; UST 10yr 3.46%; gold and oil stable; NZ$1 = 59.9 USc; TWI-5 = 69.6

Risks mount for investors; China data improves, but yuan falls faster in free markets; Chinese property prices fall; Hungary imposes controls; funds flow into the US; UST 10yr 3.46%; gold and oil stable; NZ$1 = 59.9 USc; TWI-5 = 69.6

US consumer mood improves but investor mood darkens; China data improves except for housing; Germany seizes Rosneft assets; lithium cost at record high; UST 10yr 3.46%; gold up and oil stable; NZ$1 = 59.8 USc; TWI-5 = 69.5

US consumer mood improves but investor mood darkens; China data improves except for housing; Germany seizes Rosneft assets; lithium cost at record high; UST 10yr 3.46%; gold up and oil stable; NZ$1 = 59.8 USc; TWI-5 = 69.5

A review of things you need to know before you sign off on Friday; a hot home loan rate from TSB, the PMI expansion rose, more FLP funding, better China data, swaps rise, NZD falls, & more

A review of things you need to know before you sign off on Friday; a hot home loan rate from TSB, the PMI expansion rose, more FLP funding, better China data, swaps rise, NZD falls, & more

US labour market stays very tight; US retail rises; but US industrial production weakens; China weaker again; Japan posts huge trade deficit; Aussie jobs expand; UST 10yr 3.46%; gold and oil drop; NZ$1 = 59.8 USc; TWI-5 = 69.5

US labour market stays very tight; US retail rises; but US industrial production weakens; China weaker again; Japan posts huge trade deficit; Aussie jobs expand; UST 10yr 3.46%; gold and oil drop; NZ$1 = 59.8 USc; TWI-5 = 69.5

Despite rises in wholesale rates, TSB launches a market leading low one year fixed home loan rate. It raises term deposit rates at the same time

Despite rises in wholesale rates, TSB launches a market leading low one year fixed home loan rate. It raises term deposit rates at the same time

A review of things you need to know before you sign off on Thursday; Westpac dumps some fees, GDP rise beats most forecasts, new house building slows in Auckland, Morton gets Beijing gig, swaps firm, NZD holds low, & more

A review of things you need to know before you sign off on Thursday; Westpac dumps some fees, GDP rise beats most forecasts, new house building slows in Auckland, Morton gets Beijing gig, swaps firm, NZD holds low, & more