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
BNZ follows ANZ and raises its floating mortgage rate by less than the RBNZ OCR increase, completing adjustments from the main banks. But the challenger banks are all yet to follow
8th Oct 21, 10:46am
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BNZ follows ANZ and raises its floating mortgage rate by less than the RBNZ OCR increase, completing adjustments from the main banks. But the challenger banks are all yet to follow
US jobless claims fall ahead of non-farm payrolls data; China's FX reserves stable; China worries about economic long Covid; container freight rates pass their peak; UST 10yr 1.57%, oil firm and gold stable; NZ$1 = 69.3 USc; TWI-5 = 73
8th Oct 21, 7:23am
102
US jobless claims fall ahead of non-farm payrolls data; China's FX reserves stable; China worries about economic long Covid; container freight rates pass their peak; UST 10yr 1.57%, oil firm and gold stable; NZ$1 = 69.3 USc; TWI-5 = 73
A review of things you need to know before you go home on Thursday; OCR hikes dribble through, faster pace for new dwellings, big support for latest NZGB tenders, NZSF makes big bet, swaps mixed, NZD soft, & more
7th Oct 21, 3:59pm
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A review of things you need to know before you go home on Thursday; OCR hikes dribble through, faster pace for new dwellings, big support for latest NZGB tenders, NZSF makes big bet, swaps mixed, NZD soft, & more
US jobs outlook brighter; US home loan activity weakens; energy crisis spreads globally; EU retail growth stalls; APRA tackles housing risks; UST 10yr 1.53%, oil soft and gold stable; NZ$1 = 69 USc; TWI-5 = 72.9
7th Oct 21, 7:19am
81
US jobs outlook brighter; US home loan activity weakens; energy crisis spreads globally; EU retail growth stalls; APRA tackles housing risks; UST 10yr 1.53%, oil soft and gold stable; NZ$1 = 69 USc; TWI-5 = 72.9
A review of things you need to know before you go home on Wednesday; OCR hiked, some banks follow with rises, NZ Fintech company 'failure', dairy prices hold, swaps higher, NZD wobbles, & more
6th Oct 21, 3:59pm
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A review of things you need to know before you go home on Wednesday; OCR hiked, some banks follow with rises, NZ Fintech company 'failure', dairy prices hold, swaps higher, NZD wobbles, & more
Some banks move quickly to raise their floating mortgage rates now the RBNZ has hiked the OCR. Here is where each bank stands
6th Oct 21, 2:40pm
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Some banks move quickly to raise their floating mortgage rates now the RBNZ has hiked the OCR. Here is where each bank stands
Dairy prices unchanged; Beijing orders banks to fund coal output increases; Evergrande contagion spreads; US service sector booms; EU PPI hits record high again; UST 10yr 1.52%, oil higher but gold soft; NZ$1 = 69.7 USc; TWI-5 = 73.3
6th Oct 21, 7:24am
79
Dairy prices unchanged; Beijing orders banks to fund coal output increases; Evergrande contagion spreads; US service sector booms; EU PPI hits record high again; UST 10yr 1.52%, oil higher but gold soft; NZ$1 = 69.7 USc; TWI-5 = 73.3
A review of things you need to know before you go home on Tuesday; Barfoot sales stutter, business confidence 'bizarre', dairy prices in focus, NZX's property sector loses some shine, swaps stable, NZD stable, & more
5th Oct 21, 3:59pm
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A review of things you need to know before you go home on Tuesday; Barfoot sales stutter, business confidence 'bizarre', dairy prices in focus, NZX's property sector loses some shine, swaps stable, NZD stable, & more
US factory orders rise faster; Canada building consents fall; China scrambles to ring-fence Evergrande; commodity prices shift up a gear; UST 10yr 1.47%, oil high and gold firm; NZ$1 = 69.6 USc; TWI-5 = 73.2
5th Oct 21, 7:19am
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US factory orders rise faster; Canada building consents fall; China scrambles to ring-fence Evergrande; commodity prices shift up a gear; UST 10yr 1.47%, oil high and gold firm; NZ$1 = 69.6 USc; TWI-5 = 73.2
A review of things you need to know before you go home on Monday; some smaller rates changes, housing and new car market strength surprises, Hatch hived off, FOMO is not a strategy, swaps and NZD stable, & more
4th Oct 21, 3:59pm
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A review of things you need to know before you go home on Monday; some smaller rates changes, housing and new car market strength surprises, Hatch hived off, FOMO is not a strategy, swaps and NZD stable, & more
Pandora Papers expose the usual suspects; shipping costs revert sharply; Japan has new PM; US factories busier; coal prices take off; UST 10yr 1.46%, oil and gold stable; NZ$1 = 69.3 USc; TWI-5 = 73.1
4th Oct 21, 7:19am
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Pandora Papers expose the usual suspects; shipping costs revert sharply; Japan has new PM; US factories busier; coal prices take off; UST 10yr 1.46%, oil and gold stable; NZ$1 = 69.3 USc; TWI-5 = 73.1
US inflation high, factories working hard; Container rates out of China drop; growth lame in east Asia; Aussie house prices strong in September; UST 10yr 1.47%, oil soft and gold unchanged; NZ$1 = 69.4 USc; TWI-5 = 73.1
2nd Oct 21, 8:27am
53
US inflation high, factories working hard; Container rates out of China drop; growth lame in east Asia; Aussie house prices strong in September; UST 10yr 1.47%, oil soft and gold unchanged; NZ$1 = 69.4 USc; TWI-5 = 73.1
A review of things you need to know before you go home on Friday; more retail rate changes, consumer confidence shaky, jobs resilient, retail spending sinks, equity markets dive, swaps steepen, NZD stable, & more
1st Oct 21, 4:09pm
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A review of things you need to know before you go home on Friday; more retail rate changes, consumer confidence shaky, jobs resilient, retail spending sinks, equity markets dive, swaps steepen, NZD stable, & more
Heartland Bank raises all its home loan interest rates but still retains the claim to the lowest rates available from any bank. Home loan market awaits the RBNZ's signals next Wednesday
1st Oct 21, 10:38am
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Heartland Bank raises all its home loan interest rates but still retains the claim to the lowest rates available from any bank. Home loan market awaits the RBNZ's signals next Wednesday
Good US data; weak China data; China faces huge population decline; German inflation tops out; container shipping rates do too; Aussie deficit blows out; UST 10yr 1.53%, oil and gold firm; NZ$1 = 68.8 USc; TWI-5 = 72.8
1st Oct 21, 7:19am
56
Good US data; weak China data; China faces huge population decline; German inflation tops out; container shipping rates do too; Aussie deficit blows out; UST 10yr 1.53%, oil and gold firm; NZ$1 = 68.8 USc; TWI-5 = 72.8
A review of things you need to know before you go home on Thursday; building consents surge, business confidence upbeat but not on the farm, NZGB wobble, home loan growth slows, swaps ease, NZD soft, & more
30th Sep 21, 3:59pm
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A review of things you need to know before you go home on Thursday; building consents surge, business confidence upbeat but not on the farm, NZGB wobble, home loan growth slows, swaps ease, NZD soft, & more
US housing markets turns up; China floods more liquidity; EU sentiment high; air cargo volumes rise; Aussies to restrain their housing market; UST 10yr 1.54%, oil unchanged and gold softer ; NZ$1 = 68.6 USc; TWI-5 = 72.6
30th Sep 21, 7:21am
44
US housing markets turns up; China floods more liquidity; EU sentiment high; air cargo volumes rise; Aussies to restrain their housing market; UST 10yr 1.54%, oil unchanged and gold softer ; NZ$1 = 68.6 USc; TWI-5 = 72.6
A review of things you need to know before you go home on Wednesday; higher retail rates, more fossil fuel, Kiwibank's issues extend, Aussies target housing risks, China injects more funds, swaps steepen, NZD falls, & more
29th Sep 21, 3:59pm
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A review of things you need to know before you go home on Wednesday; higher retail rates, more fossil fuel, Kiwibank's issues extend, Aussies target housing risks, China injects more funds, swaps steepen, NZD falls, & more
Equity markets recoil on high energy costs, weak data; Canada warns on housing correction; coal prices surge; China gets rolling blackouts; UST 10yr 1.53%, oil and gold soft ; NZ$1 = 69.5 USc; TWI-5 = 73.2
29th Sep 21, 7:19am
64
Equity markets recoil on high energy costs, weak data; Canada warns on housing correction; coal prices surge; China gets rolling blackouts; UST 10yr 1.53%, oil and gold soft ; NZ$1 = 69.5 USc; TWI-5 = 73.2
ANZ moves to raise rates back up to levels first adopted by rival ASB, taking some longer term rates back closer to 5%
28th Sep 21, 6:40pm
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ANZ moves to raise rates back up to levels first adopted by rival ASB, taking some longer term rates back closer to 5%
A review of things you need to know before you go home on Tuesday; some retail rate rises, big deductibility clarification, strong labour market, Akl Council delivers HUGE result, swaps firm, NZD soft, & more
28th Sep 21, 3:59pm
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A review of things you need to know before you go home on Tuesday; some retail rate rises, big deductibility clarification, strong labour market, Akl Council delivers HUGE result, swaps firm, NZD soft, & more
Rising wholesale money costs are pressing banks to raise rates, but the pace of the rises vary among institutions. That means exploitable advantages are available for borrowers who need to fix now
28th Sep 21, 1:30pm
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Rising wholesale money costs are pressing banks to raise rates, but the pace of the rises vary among institutions. That means exploitable advantages are available for borrowers who need to fix now
US factory orders jump; UST yields rise; US Federal deficit falls; Taiwan factories even busier; China confronts sudden power outages; margin debt jumps; UST 10yr 1.48%, oil and gold firm ; NZ$1 = 70.2 USc; TWI-5 = 73.6
28th Sep 21, 7:32am
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US factory orders jump; UST yields rise; US Federal deficit falls; Taiwan factories even busier; China confronts sudden power outages; margin debt jumps; UST 10yr 1.48%, oil and gold firm ; NZ$1 = 70.2 USc; TWI-5 = 73.6
A review of things you need to know before you go home on Monday; No retail rate changes, low auction activity, Synlait stumbles, green hydrogen looks promising, swaps stable, NZD holds, & more
27th Sep 21, 3:59pm
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A review of things you need to know before you go home on Monday; No retail rate changes, low auction activity, Synlait stumbles, green hydrogen looks promising, swaps stable, NZD holds, & more
German elections, Huawei deal, Evergrande bonds, US debt ceiling all driven by politics; Japan's inflation low; Taiwan exports high; IMF warns Australia; UST 10yr 1.45%, oil and gold firm ; NZ$1 = 70.1 USc; TWI-5 = 73.6
27th Sep 21, 7:19am
53
German elections, Huawei deal, Evergrande bonds, US debt ceiling all driven by politics; Japan's inflation low; Taiwan exports high; IMF warns Australia; UST 10yr 1.45%, oil and gold firm ; NZ$1 = 70.1 USc; TWI-5 = 73.6