David Chaston

A review of things you need to know before you sign off on Thursday; many major mortgage rate cuts, a few TD rate rises, Com Com dumps on building supplies industry, job ads past peak, swaps rise, NZD firm, & more

A review of things you need to know before you sign off on Thursday; many major mortgage rate cuts, a few TD rate rises, Com Com dumps on building supplies industry, job ads past peak, swaps rise, NZD firm, & more

More banks lower home loan interest rates, some sharply, and one also raised its term deposit offers. Market share defence in a quiet housing market is squeezing banks hard

More banks lower home loan interest rates, some sharply, and one also raised its term deposit offers. Market share defence in a quiet housing market is squeezing banks hard

US services data strong; China rises on services too; China rushes out new regional bank support; blockage of Taiwan to roil supply chains again; UST 10yr 2.73%; gold and oil lower; NZ$1 = 62.6 USc; TWI-5 = 71.1

US services data strong; China rises on services too; China rushes out new regional bank support; blockage of Taiwan to roil supply chains again; UST 10yr 2.73%; gold and oil lower; NZ$1 = 62.6 USc; TWI-5 = 71.1

A review of things you need to know before you sign off on Wednesday; jobless rate up from record low, car sales weak, dairy prices fall, commodity prices stable, swaps on hold, NZD little-changed, & more

A review of things you need to know before you sign off on Wednesday; jobless rate up from record low, car sales weak, dairy prices fall, commodity prices stable, swaps on hold, NZD little-changed, & more

Dairy prices fall again on low demand; US retail rises, US job openings fall; China releases fishing fleet into oceans; RBA raises rates, cuts growth forecast; UST 10yr 2.73%; gold stable and oil firm; NZ$1 = 62.7 USc; TWI-5 = 71.1

Dairy prices fall again on low demand; US retail rises, US job openings fall; China releases fishing fleet into oceans; RBA raises rates, cuts growth forecast; UST 10yr 2.73%; gold stable and oil firm; NZ$1 = 62.7 USc; TWI-5 = 71.1

Now ANZ joins the mortgage rate cuts as wholesale rates continue their retreat. These reductions by NZ's largest home loan lender come just two weeks before another expected RBNZ rate hike, but global markets are the driving force

Now ANZ joins the mortgage rate cuts as wholesale rates continue their retreat. These reductions by NZ's largest home loan lender come just two weeks before another expected RBNZ rate hike, but global markets are the driving force

A review of things you need to know before you sign off on Tuesday; small savings account rate rises, full borrowing rate rises, tough Auckland housing market, swaps slide, NZD firm, & more

A review of things you need to know before you sign off on Tuesday; small savings account rate rises, full borrowing rate rises, tough Auckland housing market, swaps slide, NZD firm, & more

Eyes on Taiwan and China's reaction; global factory activity falls; Evergrande takes a US$1 bln hit; Aussie house prices fall; eyes on RBA; UST 10yr 2.61%; gold firm and oil soft; NZ$1 = 63.3 USc; TWI-5 = 71.3

Eyes on Taiwan and China's reaction; global factory activity falls; Evergrande takes a US$1 bln hit; Aussie house prices fall; eyes on RBA; UST 10yr 2.61%; gold firm and oil soft; NZ$1 = 63.3 USc; TWI-5 = 71.3

A review of things you need to know before you sign off on Monday; Many retail rate changes but mostly minor, real estate market weak, banks face class actions, farmers grumpy, swaps stable, NZD firmish, & more

A review of things you need to know before you sign off on Monday; Many retail rate changes but mostly minor, real estate market weak, banks face class actions, farmers grumpy, swaps stable, NZD firmish, & more

As borrowers shift their sights to longer fixed terms, Kiwibank trims its one year rate to a very competitive level. In the background swap rates rose, then fell sharply over the past week or so

As borrowers shift their sights to longer fixed terms, Kiwibank trims its one year rate to a very competitive level. In the background swap rates rose, then fell sharply over the past week or so

China struggles with contracting factory activity; US income & spending rise; US mood stays sour; Australia PPI up but not excessively; UST 10yr 2.66%; gold firm and oil soft; NZ$1 = 62.9 USc; TWI-5 = 71.2

China struggles with contracting factory activity; US income & spending rise; US mood stays sour; Australia PPI up but not excessively; UST 10yr 2.66%; gold firm and oil soft; NZ$1 = 62.9 USc; TWI-5 = 71.2

US sentiment terrible despite positive data; global GDP reports generally positive; China focuses on stabilising; UST 10yr 2.66%; gold and oil up; NZ$1 = 62.8 USc; TWI-5 = 71.1

US sentiment terrible despite positive data; global GDP reports generally positive; China focuses on stabilising; UST 10yr 2.66%; gold and oil up; NZ$1 = 62.8 USc; TWI-5 = 71.1

A review of things you need to know before you sign off on Friday; few retail rate changes, weak consumer confidence, weak lending demand, strong rise in term deposit saving, swaps fall again, NZD firm, & more

A review of things you need to know before you sign off on Friday; few retail rate changes, weak consumer confidence, weak lending demand, strong rise in term deposit saving, swaps fall again, NZD firm, & more

US economy shrinks in Q2 despite tight labour markets; China meets to assess stumbling economy; German inflation stays high; Aussie retail staggers; UST 10yr 2.68%; gold up and oil flat; NZ$1 = 62.8 USc; TWI-5 = 71.2

US economy shrinks in Q2 despite tight labour markets; China meets to assess stumbling economy; German inflation stays high; Aussie retail staggers; UST 10yr 2.68%; gold up and oil flat; NZ$1 = 62.8 USc; TWI-5 = 71.2

There are still substantial interest rate advantages in holding New Zealand term deposits, compared to the 'safety' advantages of holding Australian term deposits. But Australian rates may be our future

There are still substantial interest rate advantages in holding New Zealand term deposits, compared to the 'safety' advantages of holding Australian term deposits. But Australian rates may be our future

A review of things you need to know before you sign off on Thursday; some significant retail rate changes, business confidence crashes, foreign buyers vanish, swaps fall, NZD holds, & more

A review of things you need to know before you sign off on Thursday; some significant retail rate changes, business confidence crashes, foreign buyers vanish, swaps fall, NZD holds, & more

Treasury raises Kiwi Bond interest rates at a quickened pace for short-term rates, trimming the risk premium from bank term deposits to near the lowest we have seen them

Treasury raises Kiwi Bond interest rates at a quickened pace for short-term rates, trimming the risk premium from bank term deposits to near the lowest we have seen them

Fed raises rates by +75 bps again as expected; markets react to Powell's remarks; US data positive except for housing market; Shanghai gets more lockdowns; Aussie CPI up; UST 10yr 2.73%; gold and oil up; NZ$1 = 62.6 USc; TWI-5 = 71

Fed raises rates by +75 bps again as expected; markets react to Powell's remarks; US data positive except for housing market; Shanghai gets more lockdowns; Aussie CPI up; UST 10yr 2.73%; gold and oil up; NZ$1 = 62.6 USc; TWI-5 = 71

ANZ is the first main Aussie bank to offer 4% for a one year deposit as it raises TD rates across the board. They are following rivals but in the background swap rates are falling, and a few home loan rates are too

ANZ is the first main Aussie bank to offer 4% for a one year deposit as it raises TD rates across the board. They are following rivals but in the background swap rates are falling, and a few home loan rates are too

A review of things you need to know before you sign off on Wednesday; a few retail rate changes, rapid ageing, COL support due, Aussie CPI highish, swaps little-changed, NZD ditto, & more

A review of things you need to know before you sign off on Wednesday; a few retail rate changes, rapid ageing, COL support due, Aussie CPI highish, swaps little-changed, NZD ditto, & more

IMF trims global growth forecasts; US retail rises but new home sales fall; South Korea expands; Singapore contracts; EU agrees gas reduction deal; UST 10yr 2.79%; gold down and oil flat; NZ$1 = 62.3 USc; TWI-5 = 71

IMF trims global growth forecasts; US retail rises but new home sales fall; South Korea expands; Singapore contracts; EU agrees gas reduction deal; UST 10yr 2.79%; gold down and oil flat; NZ$1 = 62.3 USc; TWI-5 = 71

A review of things you need to know before you sign off on Tuesday; only minor retail rate changes, low auction activity, resilient mortgage book, but falling activity, swaps stable, NZD firmish, & more

A review of things you need to know before you sign off on Tuesday; only minor retail rate changes, low auction activity, resilient mortgage book, but falling activity, swaps stable, NZD firmish, & more

American expansion now only modest; China births retreat further; China to raise US$44 bln to complete homes; Germany plans for gas shutoff; UST 10yr 2.81%; gold down and oil flat; NZ$1 = 62.7 USc; TWI-5 = 71.2

American expansion now only modest; China births retreat further; China to raise US$44 bln to complete homes; Germany plans for gas shutoff; UST 10yr 2.81%; gold down and oil flat; NZ$1 = 62.7 USc; TWI-5 = 71.2

A review of things you need to know before you sign off on Monday; some mortgage rate changes, R/E agent commissions dive, eyes on Fed and RBA, swaps retreat, NZD holds, & more

A review of things you need to know before you sign off on Monday; some mortgage rate changes, R/E agent commissions dive, eyes on Fed and RBA, swaps retreat, NZD holds, & more

Japan gets inflation; China rushes out new debt; PMIs soft in US & Europe; commodity prices fall; bond inversion grows; UST 10yr 2.75%; gold up and oil flat; NZ$1 = 62.5 USc; TWI-5 = 71.1

Japan gets inflation; China rushes out new debt; PMIs soft in US & Europe; commodity prices fall; bond inversion grows; UST 10yr 2.75%; gold up and oil flat; NZ$1 = 62.5 USc; TWI-5 = 71.1