David Chaston

Biden and Xi talk; US home sales fade, Canada on a roll; Japan gets inflation; Russia faces huge decline; commodity markets wobble; UST 10yr 2.14%; gold down and oil up; NZ$1 = 69.1 USc; TWI-5 = 74.2

Biden and Xi talk; US home sales fade, Canada on a roll; Japan gets inflation; Russia faces huge decline; commodity markets wobble; UST 10yr 2.14%; gold down and oil up; NZ$1 = 69.1 USc; TWI-5 = 74.2

A review of things you need to know before you go home on Friday; more retail rate increases, 'Back my Build' ending, Australia get housing ideas, Japan gets some inflation, swaps stable, NZD firm, & more

A review of things you need to know before you go home on Friday; more retail rate increases, 'Back my Build' ending, Australia get housing ideas, Japan gets some inflation, swaps stable, NZD firm, & more

US data all positive; more central banks raise rates; China backs Ukraine (?); freight rates fall; OECD sees downturn; Aussie jobs grow; UST 10yr 2.18%; gold and oil rise; NZ$1 = 68.9 USc; TWI-5 = 73.9

US data all positive; more central banks raise rates; China backs Ukraine (?); freight rates fall; OECD sees downturn; Aussie jobs grow; UST 10yr 2.18%; gold and oil rise; NZ$1 = 68.9 USc; TWI-5 = 73.9

A review of things you need to know before you go home on Thursday; retail rates rise, Fonterra earnings lower, jump in residence visas, tame GDP rise, swaps unchanged, NZD higher, & more

A review of things you need to know before you go home on Thursday; retail rates rise, Fonterra earnings lower, jump in residence visas, tame GDP rise, swaps unchanged, NZD higher, & more

Two more major mortgage lenders raise rates, but take different approaches. BNZ matches ANZ, but ASB goes further with some sharp extra hikes

Two more major mortgage lenders raise rates, but take different approaches. BNZ matches ANZ, but ASB goes further with some sharp extra hikes

Fed's rate rise gets market attention; US retail data positive; Canada inflation high; China signals new stimulus coming; Aussies unhappy; UST 10yr 2.24%; gold and oil drop sharply; NZ$1 = 67.8 USc; TWI-5 = 73.4

Fed's rate rise gets market attention; US retail data positive; Canada inflation high; China signals new stimulus coming; Aussies unhappy; UST 10yr 2.24%; gold and oil drop sharply; NZ$1 = 67.8 USc; TWI-5 = 73.4

A review of things you need to know before you go home on Wednesday; auctions deliver differing results, current account deficit higher, international liabilities lower, swaps up yet again, NZD lower, & more

A review of things you need to know before you go home on Wednesday; auctions deliver differing results, current account deficit higher, international liabilities lower, swaps up yet again, NZD lower, & more

Dairy prices top out; US retail sales up; US PPI dips; Canada housing still frothy; China data positive; eyes on the Fed; UST 10yr 2.13%; gold and oil drop sharply; NZ$1 = 67.6 USc; TWI-5 = 73.2

Dairy prices top out; US retail sales up; US PPI dips; Canada housing still frothy; China data positive; eyes on the Fed; UST 10yr 2.13%; gold and oil drop sharply; NZ$1 = 67.6 USc; TWI-5 = 73.2

A review of things you need to know before you go home on Tuesday; mortgage and TD rates move up, other lending rates up too, ComCom says yes to merger, China surprises, commodities do sharp turn lower, swaps jump again, NZD down, & more

A review of things you need to know before you go home on Tuesday; mortgage and TD rates move up, other lending rates up too, ComCom says yes to merger, China surprises, commodities do sharp turn lower, swaps jump again, NZD down, & more

As bond and swap rates rise inexorably, only Kiwibank has moved to match ANZ with higher mortgage rates so far. But the margin pressure on the other majors is building fast

As bond and swap rates rise inexorably, only Kiwibank has moved to match ANZ with higher mortgage rates so far. But the margin pressure on the other majors is building fast

US inflation expectations rise; China's coming lockdowns threaten global supply chains anew; India inflation up; equity market turmoil; UST 10yr 2.11%; gold and oil drop; NZ$1 = 67.9 USc; TWI-5 = 73.4

US inflation expectations rise; China's coming lockdowns threaten global supply chains anew; India inflation up; equity market turmoil; UST 10yr 2.11%; gold and oil drop; NZ$1 = 67.9 USc; TWI-5 = 73.4

A review of things you need to know before you go home on Monday; Kiwi Bond rates jump, house sale volumes tank, migration flows negative, NZX sold off, swaps up again, NZD stable, & more

A review of things you need to know before you go home on Monday; Kiwi Bond rates jump, house sale volumes tank, migration flows negative, NZX sold off, swaps up again, NZD stable, & more

War expands; Japan rising; China jobs stress rises; India underperforms; US confidence drops; Canada jobs surge; food faces crisis; Lowe prepares; UST 10yr 2.00%; gold and oil little-changed; NZ$1 = 68 USc; TWI-5 = 73.5

War expands; Japan rising; China jobs stress rises; India underperforms; US confidence drops; Canada jobs surge; food faces crisis; Lowe prepares; UST 10yr 2.00%; gold and oil little-changed; NZ$1 = 68 USc; TWI-5 = 73.5

US consumer sentiment dips; Canada jobs market roars; Japanese households out spending again; China jobs imbalance in focus; Lowe changes his tune; UST 10yr 2.00%; gold and oil lower; NZ$1 = 68.2 USc; TWI-5 = 73.6

US consumer sentiment dips; Canada jobs market roars; Japanese households out spending again; China jobs imbalance in focus; Lowe changes his tune; UST 10yr 2.00%; gold and oil lower; NZ$1 = 68.2 USc; TWI-5 = 73.6

A review of things you need to know before you go home on Friday; food prices jump, rents stop rising, new factory orders rise, Auckland home building stays high, swaps up again, NZD firm, & much more

A review of things you need to know before you go home on Friday; food prices jump, rents stop rising, new factory orders rise, Auckland home building stays high, swaps up again, NZD firm, & much more

US inflation surges; US household net worth swells; Japanese PPI jumps; China shovels out bank credit at record rate; ECB winds down asset purchases faster; UST 10yr 2.01%; gold and oil lower; NZ$1 = 68.6 USc; TWI-5 = 73.7

US inflation surges; US household net worth swells; Japanese PPI jumps; China shovels out bank credit at record rate; ECB winds down asset purchases faster; UST 10yr 2.01%; gold and oil lower; NZ$1 = 68.6 USc; TWI-5 = 73.7

A review of things you need to know before you go home on Thursday; TD rates up, rents up, housing confidence down, spending down, Conway gets top RBNZ economist job, swaps up, NZD softer, & much much more

A review of things you need to know before you go home on Thursday; TD rates up, rents up, housing confidence down, spending down, Conway gets top RBNZ economist job, swaps up, NZD softer, & much much more

Russia in quagmire; US job openings stay high; global wheat pressures ease; China's CPI inflation very low; air cargo volumes recover; Australia faces climate costs; UST 10yr 1.92%; oil and gold retreat; NZ$1 = 68.5 USc; TWI-5 = 73.4

Russia in quagmire; US job openings stay high; global wheat pressures ease; China's CPI inflation very low; air cargo volumes recover; Australia faces climate costs; UST 10yr 1.92%; oil and gold retreat; NZ$1 = 68.5 USc; TWI-5 = 73.4

ANZ kicks off next round of mortgage rate hikes with some mid-range increases

ANZ kicks off next round of mortgage rate hikes with some mid-range increases

A review of things you need to know before you go home on Wednesday; Simplicity warned, milk price forecast up, farmers grumpy, carbon price slides, CEO moves, swaps up again, NZD soft, & much more

A review of things you need to know before you go home on Wednesday; Simplicity warned, milk price forecast up, farmers grumpy, carbon price slides, CEO moves, swaps up again, NZD soft, & much more

What happens to mortgage rates, and household spending, if ANZ is right and the RBNZ leans into the sharp-rising inflationary pressures with vigour?

What happens to mortgage rates, and household spending, if ANZ is right and the RBNZ leans into the sharp-rising inflationary pressures with vigour?

US & allies ban Russian oil, gas and coal; US trade deficit inches up; China begrudgingly respects trade sanctions on Russia; Sydney rainstorm severe; UST 10yr 1.87%; oil and gold up further; NZ$1 = 68.3 USc; TWI-5 = 73.4

US & allies ban Russian oil, gas and coal; US trade deficit inches up; China begrudgingly respects trade sanctions on Russia; Sydney rainstorm severe; UST 10yr 1.87%; oil and gold up further; NZ$1 = 68.3 USc; TWI-5 = 73.4

A review of things you need to know before you go home on Tuesday; no retail rate changes, supermarkets avoid sanction, Akl rating valuations released, house building strong, swaps up, NZD softish, & more

A review of things you need to know before you go home on Tuesday; no retail rate changes, supermarkets avoid sanction, Akl rating valuations released, house building strong, swaps up, NZD softish, & more

War and commodity price hikes twist global economy into stagflation; China's export results impress; Aussie data also impresses; UST 10yr 1.73%; oil and gold up sharply again; NZ$1 = 68.3 USc; TWI-5 = 73.6

War and commodity price hikes twist global economy into stagflation; China's export results impress; Aussie data also impresses; UST 10yr 1.73%; oil and gold up sharply again; NZ$1 = 68.3 USc; TWI-5 = 73.6

A review of things you need to know before you go home on Monday; some more TD rises, CCCFA bites, bank leverage unchanged, oil prices go crazy, equities tank, swaps fall, NZD rises, & more

A review of things you need to know before you go home on Monday; some more TD rises, CCCFA bites, bank leverage unchanged, oil prices go crazy, equities tank, swaps fall, NZD rises, & more