About
David Chaston is the publisher of interest.co.nz and is commited to ensuring readers get the latest information on interest rates, and the forces that move them.
David Chaston
Latest articles
Fed acknowledges inflation pressures; US PMIs mixed; Evergrande dodges default; EU frustrated with UK unreliability; RBA moves against BNPL; UST 10yr 1.65%, oil and gold rise; NZ$1 = 71.4 USc; TWI-5 = 74.9
23rd Oct 21, 8:50am
20
Fed acknowledges inflation pressures; US PMIs mixed; Evergrande dodges default; EU frustrated with UK unreliability; RBA moves against BNPL; UST 10yr 1.65%, oil and gold rise; NZ$1 = 71.4 USc; TWI-5 = 74.9
A review of things you need to know before you go home on Friday; many more big retail rate increases, what bankers think, Auckland shrinks, 129 new cases, swaps flatline, NZD firmer, & more
22nd Oct 21, 3:59pm
25
A review of things you need to know before you go home on Friday; many more big retail rate increases, what bankers think, Auckland shrinks, 129 new cases, swaps flatline, NZD firmer, & more
More banks jump on the fixed mortgage rate rise bandwagon as background wholesale rates push up both locally and internationally
22nd Oct 21, 9:08am
37
More banks jump on the fixed mortgage rate rise bandwagon as background wholesale rates push up both locally and internationally
US jobless claims fall back to normal levels; global logistics issues persist; producer price pressure topping out; ATO on the warpath; UST 10yr 1.68%, oil and gold slip; NZ$1 = 71.6 USc; TWI-5 = 75
22nd Oct 21, 7:29am
31
US jobless claims fall back to normal levels; global logistics issues persist; producer price pressure topping out; ATO on the warpath; UST 10yr 1.68%, oil and gold slip; NZ$1 = 71.6 USc; TWI-5 = 75
A review of things you need to know before you go home on Thursday; large retail rate changes, jobless rolls top out, yields higher in NZGB tenders, FTA with UK agreed, spending some savings, swaps steepen, NZF firm, & more
21st Oct 21, 3:59pm
16
A review of things you need to know before you go home on Thursday; large retail rate changes, jobless rolls top out, yields higher in NZGB tenders, FTA with UK agreed, spending some savings, swaps steepen, NZF firm, & more
The Red Bank follows ANZ with a range of interest rate increases for both home loans and term deposits
21st Oct 21, 1:25pm
75
The Red Bank follows ANZ with a range of interest rate increases for both home loans and term deposits
ANZ's term deposit rate increases are probably just for show because the resulting rate offers are far below inflation, and still meaningless to most savers, especially in a rising rate market
21st Oct 21, 10:22am
6
ANZ's term deposit rate increases are probably just for show because the resulting rate offers are far below inflation, and still meaningless to most savers, especially in a rising rate market
Following the sharp wholesales rate rises, NZ's largest home loan lender takes fixed mortgage rates up to another level. It also raises term deposit rates
21st Oct 21, 8:36am
118
Following the sharp wholesales rate rises, NZ's largest home loan lender takes fixed mortgage rates up to another level. It also raises term deposit rates
Inflation tracks divide the world economy; China house prices waver; Evergrande rescue deal collapses; Taiwan exports continue surge; UST 10yr 1.64%, oil stable and gold firm; NZ$1 = 72 USc; TWI-5 = 75.4
21st Oct 21, 7:23am
23
Inflation tracks divide the world economy; China house prices waver; Evergrande rescue deal collapses; Taiwan exports continue surge; UST 10yr 1.64%, oil stable and gold firm; NZ$1 = 72 USc; TWI-5 = 75.4
A review of things you need to know before you go home on Wednesday; dairy prices firm, real estate commissions leap; Kaha Ake launched, swaps steepen, NZD rises, & more
20th Oct 21, 3:59pm
30
A review of things you need to know before you go home on Wednesday; dairy prices firm, real estate commissions leap; Kaha Ake launched, swaps steepen, NZD rises, & more
Dairy prices up in USD, down in NZD; US housing starts soften; Evergrande favours the locals; OECD sees huge demographic challenge; copper price hits record; UST 10yr 1.63%, oil and gold firm; NZ$1 = 71.6 USc; TWI-5 = 75.1
20th Oct 21, 7:24am
68
Dairy prices up in USD, down in NZD; US housing starts soften; Evergrande favours the locals; OECD sees huge demographic challenge; copper price hits record; UST 10yr 1.63%, oil and gold firm; NZ$1 = 71.6 USc; TWI-5 = 75.1
A review of things you need to know before you go home on Tuesday; no retail rate changes today, RMA reform a bipartisan project, few farms sell, fewer lifestyle blocks, eyes on dairy prices, swaps stay up, NZD firms, & more
19th Oct 21, 3:59pm
74
A review of things you need to know before you go home on Tuesday; no retail rate changes today, RMA reform a bipartisan project, few farms sell, fewer lifestyle blocks, eyes on dairy prices, swaps stay up, NZD firms, & more
US industrial production slips; Chinese data weak with more to downgrades to come; Chinese property stutters; India expanding strongly; UST 10yr 1.58%, oil and gold slip; NZ$1 = 70.8 USc; TWI-5 = 74.5
19th Oct 21, 7:19am
51
US industrial production slips; Chinese data weak with more to downgrades to come; Chinese property stutters; India expanding strongly; UST 10yr 1.58%, oil and gold slip; NZ$1 = 70.8 USc; TWI-5 = 74.5
A much larger rise in inflation, especially tradable inflation, has turbocharged wholesale swap rates with more in prospect, signaling giant mortgage rates are ahead
18th Oct 21, 6:20pm
104
A much larger rise in inflation, especially tradable inflation, has turbocharged wholesale swap rates with more in prospect, signaling giant mortgage rates are ahead
A review of things you need to know before you go home on Monday; wholesale interest rates leap on surprisingly high CPI, PSI less terrible, consumer saving sentiment, China falters, swaps take off, NZD firms, & more
18th Oct 21, 4:01pm
20
A review of things you need to know before you go home on Monday; wholesale interest rates leap on surprisingly high CPI, PSI less terrible, consumer saving sentiment, China falters, swaps take off, NZD firms, & more
Energy shortages drive some key commodity prices higher; China sends anti-corruption units to all main banks; US retail sales strong; Aussies to adopt a carbon goal; UST 10yr 1.57%, oil up and gold slips; NZ$1 = 70.7 USc; TWI-5 = 74.4
18th Oct 21, 7:19am
60
Energy shortages drive some key commodity prices higher; China sends anti-corruption units to all main banks; US retail sales strong; Aussies to adopt a carbon goal; UST 10yr 1.57%, oil up and gold slips; NZ$1 = 70.7 USc; TWI-5 = 74.4
US retail sales surge, but the consumer mood stays hesitant; countries scramble to lock in winter fuel deals; Evergrande on official Chinese minds; UST 10yr 1.58%, oil up and gold down; NZ$1 = 70.7 USc; TWI-5 = 74.4
16th Oct 21, 8:45am
89
US retail sales surge, but the consumer mood stays hesitant; countries scramble to lock in winter fuel deals; Evergrande on official Chinese minds; UST 10yr 1.58%, oil up and gold down; NZ$1 = 70.7 USc; TWI-5 = 74.4
Not only are wholesale rates rising, but banks are coming out of a period where their mortgage margins have been suppressed. Expect the new round of rate hikes to do some catch-up
15th Oct 21, 4:23pm
5
Not only are wholesale rates rising, but banks are coming out of a period where their mortgage margins have been suppressed. Expect the new round of rate hikes to do some catch-up
A review of things you need to know before you go home on Friday; some more key rate changes, PMI recovers, air quality improves, La Nina back, swaps up, NZD firmer, & more
15th Oct 21, 3:59pm
26
A review of things you need to know before you go home on Friday; some more key rate changes, PMI recovers, air quality improves, La Nina back, swaps up, NZD firmer, & more
US jobless claims retreat, US PPI stays very high; China PPI still rising; supply-chain problems get worse; China housing on edge; Aussie jobs shrink; UST 10yr 1.52%, oil and gold firm; NZ$1 = 70.3 USc; TWI-5 = 73.9
15th Oct 21, 7:19am
76
US jobless claims retreat, US PPI stays very high; China PPI still rising; supply-chain problems get worse; China housing on edge; Aussie jobs shrink; UST 10yr 1.52%, oil and gold firm; NZ$1 = 70.3 USc; TWI-5 = 73.9
A review of things you need to know before you go home on Thursday; some chunky retail rate changes, house prices fall, NZGBs out of favour, Jardens cops OMF censure, swaps hold, NZD firms, & more
14th Oct 21, 3:59pm
36
A review of things you need to know before you go home on Thursday; some chunky retail rate changes, house prices fall, NZGBs out of favour, Jardens cops OMF censure, swaps hold, NZD firms, & more
Wholesale rate pressure has pushed one of our largest home loan lenders to raise some key fixed rates and setting their market offerings as the highest available
14th Oct 21, 12:29pm
21
Wholesale rate pressure has pushed one of our largest home loan lenders to raise some key fixed rates and setting their market offerings as the highest available
US CPI inflation higher; Fed minutes point to QE end in 2022; China exports surprisingly strong; NSW eyes big immigration push; UST 10yr 1.55%, oil holds but gold jumps; NZ$1 = 69.6 USc; TWI-5 = 73.3
14th Oct 21, 7:25am
33
US CPI inflation higher; Fed minutes point to QE end in 2022; China exports surprisingly strong; NSW eyes big immigration push; UST 10yr 1.55%, oil holds but gold jumps; NZ$1 = 69.6 USc; TWI-5 = 73.3
A review of things you need to know before you go home on Wednesday; more retail rate rises, food prices jump, business costs jump, rents up, Aussie Covid deaths rise, swaps flatter, NZD stable, & more
13th Oct 21, 3:59pm
52
A review of things you need to know before you go home on Wednesday; more retail rate rises, food prices jump, business costs jump, rents up, Aussie Covid deaths rise, swaps flatter, NZD stable, & more
IMF trims global growth forecast; US inflation expectations higher; China car sales slump; China & India power crisis lingers, Aussie business confidence up; UST 10yr 1.58%, oil slips but gold firm; NZ$1 = 69.4 USc; TWI-5 = 73.2
13th Oct 21, 7:24am
41
IMF trims global growth forecast; US inflation expectations higher; China car sales slump; China & India power crisis lingers, Aussie business confidence up; UST 10yr 1.58%, oil slips but gold firm; NZ$1 = 69.4 USc; TWI-5 = 73.2