David Chaston

A review of things you need to know before you go home on Thursday; more rate rises, commodity prices high, Auckland retail low, NZGB yields rising, Fonterra in VitaKey deal, swaps stable, NZD up, & more

A review of things you need to know before you go home on Thursday; more rate rises, commodity prices high, Auckland retail low, NZGB yields rising, Fonterra in VitaKey deal, swaps stable, NZD up, & more

Fed confirms tapering; US payrolls expand; services sector activity very strong; air cargo recovers; China worried about a pandemic winter; UST 10yr 1.59%, oil and gold lower; NZ$1 = 71.4 USc; TWI-5 = 75.1

Fed confirms tapering; US payrolls expand; services sector activity very strong; air cargo recovers; China worried about a pandemic winter; UST 10yr 1.59%, oil and gold lower; NZ$1 = 71.4 USc; TWI-5 = 75.1

A review of things you need to know before you go home on Wednesday; more retail rate rises, great labour force data, RBNZ ticks financial system soundness, dairy prices up, swaps stable, NZD soft, & more

A review of things you need to know before you go home on Wednesday; more retail rate rises, great labour force data, RBNZ ticks financial system soundness, dairy prices up, swaps stable, NZD soft, & more

The direction and speed from here of higher mortgage rates now depends on a set of official data and statistics being released over the rest of November

The direction and speed from here of higher mortgage rates now depends on a set of official data and statistics being released over the rest of November

Attacking housing supply, planning restrictions, immigration, and mortgage interest rates all at the same time gives us the best chance in a generation to reset house prices substantially lower, says David Chaston

Attacking housing supply, planning restrictions, immigration, and mortgage interest rates all at the same time gives us the best chance in a generation to reset house prices substantially lower, says David Chaston

Dairy prices rise sharply; Hong Kong struggles economically; Beijing preparing for "downward pressures"; RBA's policy shifts hesitant; UST 10yr 1.54%, oil and gold soft; NZ$1 = 71.1 USc; TWI-5 = 74.7

Dairy prices rise sharply; Hong Kong struggles economically; Beijing preparing for "downward pressures"; RBA's policy shifts hesitant; UST 10yr 1.54%, oil and gold soft; NZ$1 = 71.1 USc; TWI-5 = 74.7

A review of things you need to know before you go home on Tuesday; more big retail rate changes, Barfoot's prices up, another huge building consent month, eyes on GDT, swaps slip, NZD stable, & more

A review of things you need to know before you go home on Tuesday; more big retail rate changes, Barfoot's prices up, another huge building consent month, eyes on GDT, swaps slip, NZD stable, & more

Global factories in healthy expansions; Hong Kong growth elusive; financial market liquidity under stress; Aussie property market tops out; UST 10yr 1.57%, oil soft and gold firm; NZ$1 = 71.9 USc; TWI-5 = 75.5

Global factories in healthy expansions; Hong Kong growth elusive; financial market liquidity under stress; Aussie property market tops out; UST 10yr 1.57%, oil soft and gold firm; NZ$1 = 71.9 USc; TWI-5 = 75.5

Ahead of some major public policy set pieces, New Zealand's largest mortgage lender follows its rivals with higher rates, pushing its 3 year fixed rate to the highest of any bank for that term. ASB goes even higher

Ahead of some major public policy set pieces, New Zealand's largest mortgage lender follows its rivals with higher rates, pushing its 3 year fixed rate to the highest of any bank for that term. ASB goes even higher

A review of things you need to know before you go home on Monday; Many retail rate changes, house listings surge, Westpac's profits recover, swaps lower, NZD stable, & more

A review of things you need to know before you go home on Monday; Many retail rate changes, house listings surge, Westpac's profits recover, swaps lower, NZD stable, & more

Chinese PMIs sag; Japanese consumer confidence up; global FDI recovers into China, US; US & EU inflation high; RBA doesn't defend; UST 10yr 1.56%, oil firm and gold soft; NZ$1 = 71.7 USc; TWI-5 = 75.3

Chinese PMIs sag; Japanese consumer confidence up; global FDI recovers into China, US; US & EU inflation high; RBA doesn't defend; UST 10yr 1.56%, oil firm and gold soft; NZ$1 = 71.7 USc; TWI-5 = 75.3

US spending holds up despite income slip; Evergrande makes second payment; Japan more confident; Aussie retail sales rise encouraging; UST 10yr 1.55%, oil firm and gold soft; NZ$1 = 71.6 USc; TWI-5 = 75.2

US spending holds up despite income slip; Evergrande makes second payment; Japan more confident; Aussie retail sales rise encouraging; UST 10yr 1.55%, oil firm and gold soft; NZ$1 = 71.6 USc; TWI-5 = 75.2

A review of things you need to know before you go home on Friday; more retail rate increases, confidence falls, deposits rise faster than loans, RBA sends signal by non-action, swaps consolidate, NZD stable, & more

A review of things you need to know before you go home on Friday; more retail rate increases, confidence falls, deposits rise faster than loans, RBA sends signal by non-action, swaps consolidate, NZD stable, & more

US expansion slows; US jobless claims drop; China eyes weaker growth; Japanese retail makes unexpected gains; analysts see RBA hiking earlier; UST 10yr 1.57%, oil soft and gold firm; NZ$1 = 72.1 USc; TWI-5 = 75.3

US expansion slows; US jobless claims drop; China eyes weaker growth; Japanese retail makes unexpected gains; analysts see RBA hiking earlier; UST 10yr 1.57%, oil soft and gold firm; NZ$1 = 72.1 USc; TWI-5 = 75.3

A whiff of instability and broken deal making stalks wholesale money markets, suddenly raising the stakes for indebted homeowners, especially those who need to roll over soon

A whiff of instability and broken deal making stalks wholesale money markets, suddenly raising the stakes for indebted homeowners, especially those who need to roll over soon

A review of things you need to know before you go home on Thursday; no home loan rate changes today, ANZ's profits jump sharply; Auckland rents stall; swaps jump again, NZD holds, & more

A review of things you need to know before you go home on Thursday; no home loan rate changes today, ANZ's profits jump sharply; Auckland rents stall; swaps jump again, NZD holds, & more

US data mixed; Canada ends QE; Chinese profits rise; Germans pay much more for imports; Aussie inflation trouble for the RBA; UST 10yr 1.53%, oil soft and gold stable; NZ$1 = 71.8 USc; TWI-5 = 75.3

US data mixed; Canada ends QE; Chinese profits rise; Germans pay much more for imports; Aussie inflation trouble for the RBA; UST 10yr 1.53%, oil soft and gold stable; NZ$1 = 71.8 USc; TWI-5 = 75.3

Wholesale swap rates get new energy to push on sharply higher, even on top of the recent sharp increases. This fire is now well ablaze

Wholesale swap rates get new energy to push on sharply higher, even on top of the recent sharp increases. This fire is now well ablaze

A review of things you need to know before you go home on Wednesday; many retail rate changes, import surge, business costs pressures not easing, insurer stress tests, swaps up sharply again, NZD holds, & more

A review of things you need to know before you go home on Wednesday; many retail rate changes, import surge, business costs pressures not easing, insurer stress tests, swaps up sharply again, NZD holds, & more

BNZ raises its term deposit offers sharply, and is now the market-leading main bank, even offering a 3% rate for a five year term. These sharp moves might have an outsized impact on challenger banks

BNZ raises its term deposit offers sharply, and is now the market-leading main bank, even offering a 3% rate for a five year term. These sharp moves might have an outsized impact on challenger banks

US data improves; UST yields rise with breakeven rates; another Chinese developer defaults; East Asian data weakens; magnesium price drops; UST 10yr 1.62%, oil firm and gold soft; NZ$1 = 71.6 USc; TWI-5 = 75.1

US data improves; UST yields rise with breakeven rates; another Chinese developer defaults; East Asian data weakens; magnesium price drops; UST 10yr 1.62%, oil firm and gold soft; NZ$1 = 71.6 USc; TWI-5 = 75.1

A review of things you need to know before you go home on Tuesday; many retail rate changes, higher milk price, Auckland auction market active, Christchurch to borrow more, swaps flatten, NZD holds, & more

A review of things you need to know before you go home on Tuesday; many retail rate changes, higher milk price, Auckland auction market active, Christchurch to borrow more, swaps flatten, NZD holds, & more

All the main banks have now moved fixed mortgage rates up so we can assess where they settled, who has the lowest, and note the non-rate inducements being offered by som

All the main banks have now moved fixed mortgage rates up so we can assess where they settled, who has the lowest, and note the non-rate inducements being offered by som

US still hampered by supply-chain disruption; Allbirds and Hertz make news; Taiwan's strength continues; German confidence suffers; UST 10yr 1.64%, oil soft and gold firm; NZ$1 = 71.6 USc; TWI-5 = 75.1

US still hampered by supply-chain disruption; Allbirds and Hertz make news; Taiwan's strength continues; German confidence suffers; UST 10yr 1.64%, oil soft and gold firm; NZ$1 = 71.6 USc; TWI-5 = 75.1

Evergrande surprises with bond payment; China to launch a new property tax; US inflation from bottlenecks creates winners; RBA in fight with bond traders; UST 10yr 1.64%, oil and gold rise; NZ$1 = 71.5 USc; TWI-5 = 75

Evergrande surprises with bond payment; China to launch a new property tax; US inflation from bottlenecks creates winners; RBA in fight with bond traders; UST 10yr 1.64%, oil and gold rise; NZ$1 = 71.5 USc; TWI-5 = 75