David Chaston

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

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

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

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

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

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

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

China falsely accuses NZ of FMD risk; US data wavers, Japan data improves; China data weak bringing surprise rate cut; UST 10yr 2.79%; gold and oil drop; NZ$1 = 63.7 USc; TWI-5 = 72.1

China falsely accuses NZ of FMD risk; US data wavers, Japan data improves; China data weak bringing surprise rate cut; UST 10yr 2.79%; gold and oil drop; NZ$1 = 63.7 USc; TWI-5 = 72.1

A review of things you need to know before you sign off on Monday; some more home loan rate cuts, service sector weakens; Fisher catches Kiwi Wealth; Japan expands; China struggles, cuts a rate. swaps hold, NZD slips slightly, & more

A review of things you need to know before you sign off on Monday; some more home loan rate cuts, service sector weakens; Fisher catches Kiwi Wealth; Japan expands; China struggles, cuts a rate. swaps hold, NZD slips slightly, & more

As rules tighten for banks and fewer borrowers can meet bank lending standards, non-bank lenders find more takers with their 'flexible' offers

As rules tighten for banks and fewer borrowers can meet bank lending standards, non-bank lenders find more takers with their 'flexible' offers

New Chinese bank lending sags; global industrial production up; Russian economy down; US consumer optimism rising; Aussie new home sales dive; UST 10yr 2.84%; gold up and oil unchanged; NZ$1 = 64.5 USc; TWI-5 = 72.7

New Chinese bank lending sags; global industrial production up; Russian economy down; US consumer optimism rising; Aussie new home sales dive; UST 10yr 2.84%; gold up and oil unchanged; NZ$1 = 64.5 USc; TWI-5 = 72.7

US sentiment improves; world grain crisis eases; Chinese banks lend less than expected; industrial production rises everywhere (except Russia); Aussie new home sales tank; UST 10yr 2.84%; gold up and oil down; NZ$1 = 64.5 USc; TWI-5 = 72.7

US sentiment improves; world grain crisis eases; Chinese banks lend less than expected; industrial production rises everywhere (except Russia); Aussie new home sales tank; UST 10yr 2.84%; gold up and oil down; NZ$1 = 64.5 USc; TWI-5 = 72.7

A review of things you need to know before you sign off on Friday; in perpetuity tax break, food prices stay high, households not worried, PMI records noise, online spending falls, swaps up, NZD up, & more

A review of things you need to know before you sign off on Friday; in perpetuity tax break, food prices stay high, households not worried, PMI records noise, online spending falls, swaps up, NZD up, & more

US PPI dips; US petrol prices fall; Fed to keep pressure on; China car sales surge; Singapore stumbles; Aussie inflation expectations slip; freight rates dip; UST 10yr 2.88%; gold down and oil up; NZ$1 = 64.3 USc; TWI-5 = 72.3

US PPI dips; US petrol prices fall; Fed to keep pressure on; China car sales surge; Singapore stumbles; Aussie inflation expectations slip; freight rates dip; UST 10yr 2.88%; gold down and oil up; NZ$1 = 64.3 USc; TWI-5 = 72.3

A review of things you need to know before you sign off on Thursday; challenger banks lower home loan rates, house prices drop on very low sales volumes, swaps rise, NZD rises, & more

A review of things you need to know before you sign off on Thursday; challenger banks lower home loan rates, house prices drop on very low sales volumes, swaps rise, NZD rises, & more

Just as the RBNZ is about to raise the OCR again, fixed rates for home loans continue their falls. Now no bank has a one year rate over 5%

Just as the RBNZ is about to raise the OCR again, fixed rates for home loans continue their falls. Now no bank has a one year rate over 5%

Markets surge on lower US inflation; China eases back on Taiwan; China's CPI rises, PPI falls; oil tanker freight jumps; big Aussie winter grain harvest expected; UST 10yr 2.78%; gold and oil up; NZ$1 = 64.3 USc; TWI-5 = 72.3

Markets surge on lower US inflation; China eases back on Taiwan; China's CPI rises, PPI falls; oil tanker freight jumps; big Aussie winter grain harvest expected; UST 10yr 2.78%; gold and oil up; NZ$1 = 64.3 USc; TWI-5 = 72.3

A review of things you need to know before you sign off on Wednesday; many retail rate changes, commercial consents rise sharply, record concrete pour, ASB reports record profits, swaps stop falling, NZD firm, & more

A review of things you need to know before you sign off on Wednesday; many retail rate changes, commercial consents rise sharply, record concrete pour, ASB reports record profits, swaps stop falling, NZD firm, & more

With BNZ now offering 3% for a six month term deposit, that embeds a much steeper term deposit rate curve and shines a light on just how steep it has become

With BNZ now offering 3% for a six month term deposit, that embeds a much steeper term deposit rate curve and shines a light on just how steep it has become

US retail momentum slows, productivity tanks; US cattle farmers retreat; Japanese machine tool orders dip; Aussie confidence diverges; OECD glum; UST 10yr 2.80%; gold and oil up; NZ$1 = 62.8 USc; TWI-5 = 71.2

US retail momentum slows, productivity tanks; US cattle farmers retreat; Japanese machine tool orders dip; Aussie confidence diverges; OECD glum; UST 10yr 2.80%; gold and oil up; NZ$1 = 62.8 USc; TWI-5 = 71.2

A review of things you need to know before you sign off on Tuesday; no retail changes, weak retail, traffic activity ok, recession avoided?, Orange remains, swaps retreat, NZD holds, & more

A review of things you need to know before you sign off on Tuesday; no retail changes, weak retail, traffic activity ok, recession avoided?, Orange remains, swaps retreat, NZD holds, & more

US inflation expectations ease; Congress passes Biden plan; China squeezes Taiwan hard; China battles wider pandemic spread; Norway hoards electricity; UST 10yr 2.77%; gold and oil up; NZ$1 = 62.9 USc; TWI-5 = 71.3

US inflation expectations ease; Congress passes Biden plan; China squeezes Taiwan hard; China battles wider pandemic spread; Norway hoards electricity; UST 10yr 2.77%; gold and oil up; NZ$1 = 62.9 USc; TWI-5 = 71.3

A review of things you need to know before you sign off on Monday; few retail rate changes, new-build costs jump, key inflation expectations ease, misery up, swaps up, NZD wavers, & more

A review of things you need to know before you sign off on Monday; few retail rate changes, new-build costs jump, key inflation expectations ease, misery up, swaps up, NZD wavers, & more

Global food prices fall; China exports rise on US demand; Japanese spending up; US jobs gains impress; India hikes +50 bps; UST 10yr 2.83%; gold and oil stable; NZ$1 = 62.4 USc; TWI-5 = 71

Global food prices fall; China exports rise on US demand; Japanese spending up; US jobs gains impress; India hikes +50 bps; UST 10yr 2.83%; gold and oil stable; NZ$1 = 62.4 USc; TWI-5 = 71

US jobs rise impresses; US consumers take on more debt; India hikes rates; Japan spending impresses; world food prices fall; UST 10yr 2.83%; gold down and oil stable; NZ$1 = 62.4 USc; TWI-5 = 71

US jobs rise impresses; US consumers take on more debt; India hikes rates; Japan spending impresses; world food prices fall; UST 10yr 2.83%; gold down and oil stable; NZ$1 = 62.4 USc; TWI-5 = 71

A review of things you need to know before you sign off on Friday; rate change impetus runs out of puff, weak new dwelling completions, strong EV prospects, PredictIt slapped, swaps flatter, NZD stable, & more

A review of things you need to know before you sign off on Friday; rate change impetus runs out of puff, weak new dwelling completions, strong EV prospects, PredictIt slapped, swaps flatter, NZD stable, & more

US labour markets stable, awaits non-farm payrolls report; US trade deficit narrows, Canada's trade surplus up, Australia's zooms higher; container shipping costs fall; UST 10yr 2.67%; gold up and oil down; NZ$1 = 63.1 USc; TWI-5 = 71.3

US labour markets stable, awaits non-farm payrolls report; US trade deficit narrows, Canada's trade surplus up, Australia's zooms higher; container shipping costs fall; UST 10yr 2.67%; gold up and oil down; NZ$1 = 63.1 USc; TWI-5 = 71.3