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
A review of things you need to know before you sign off on Thursday; house value growth peters out, construction activity wanes, commodity prices up, huge NZGB demand, swaps stable, NZD firmer, & more
6th Jun 24, 3:59pm
71
A review of things you need to know before you sign off on Thursday; house value growth peters out, construction activity wanes, commodity prices up, huge NZGB demand, swaps stable, NZD firmer, & more
US labour market data soft but service sector expands strongly; Canada cuts rates; China & Japan services PMIs rise; Australia at risk of stagflation; UST 10yr 4.29%; gold and oil rise; NZ$1 = 61.9 USc; TWI-5 = 71.2
6th Jun 24, 7:19am
61
US labour market data soft but service sector expands strongly; Canada cuts rates; China & Japan services PMIs rise; Australia at risk of stagflation; UST 10yr 4.29%; gold and oil rise; NZ$1 = 61.9 USc; TWI-5 = 71.2
A review of things you need to know before you sign off on Wednesday; Barfoots positive, dairy prices hold up, tax take 'improves', better trade data, more reinsurance, car sales drag, swaps flat, NZD rises, & more
5th Jun 24, 3:59pm
52
A review of things you need to know before you sign off on Wednesday; Barfoots positive, dairy prices hold up, tax take 'improves', better trade data, more reinsurance, car sales drag, swaps flat, NZD rises, & more
Dairy prices rise as other commodities retreat; US data more positive than expected; Modi loses majority; focus turns to EU elections; UST 10yr 4.33%; gold and oil drops further; NZ$1 = 61.8 USc; TWI-5 = 70.9
5th Jun 24, 7:31am
35
Dairy prices rise as other commodities retreat; US data more positive than expected; Modi loses majority; focus turns to EU elections; UST 10yr 4.33%; gold and oil drops further; NZ$1 = 61.8 USc; TWI-5 = 70.9
A review of things you need to know before you sign off on Tuesday; winter housing slump, non-performing loans surge, Census investigation, swaps on hold, NZD firm, & more
4th Jun 24, 3:59pm
28
A review of things you need to know before you sign off on Tuesday; winter housing slump, non-performing loans surge, Census investigation, swaps on hold, NZD firm, & more
US PMIs vary, US PCE inflation holds; Canada gets modest expansion; India gets huge expansion; Japan data good; China data weak; NZ to join IPEF; UST 10yr 4.40%; gold holds but oil drops; NZ$1 = 61.8 USc; TWI-5 = 70.9
4th Jun 24, 7:19am
86
US PMIs vary, US PCE inflation holds; Canada gets modest expansion; India gets huge expansion; Japan data good; China data weak; NZ to join IPEF; UST 10yr 4.40%; gold holds but oil drops; NZ$1 = 61.8 USc; TWI-5 = 70.9
Both its bankers and its farmer suppliers grow increasingly skittish about their links with Synlait. The company races to deleverage to survive the pressure
3rd Jun 24, 2:57pm
4
Both its bankers and its farmer suppliers grow increasingly skittish about their links with Synlait. The company races to deleverage to survive the pressure
US PCE inflation signals little-changed; India's GDP growth impresses; Japan reports good data; China factories contract unexpectedly; Australia eyes minimum wage change; UST 10yr 4.50%; gold and oil lower; NZ$1 = 61.4 USc; TWI-5 = 70.7
1st Jun 24, 8:25am
86
US PCE inflation signals little-changed; India's GDP growth impresses; Japan reports good data; China factories contract unexpectedly; Australia eyes minimum wage change; UST 10yr 4.50%; gold and oil lower; NZ$1 = 61.4 USc; TWI-5 = 70.7
A review of things you need to know before you sign off on Friday; regional banking hubs fail, Rio pays up finally, lending growth limp, savers prioritise TDs, swaps ease back, NZD unchanged, & more
31st May 24, 3:58pm
41
A review of things you need to know before you sign off on Friday; regional banking hubs fail, Rio pays up finally, lending growth limp, savers prioritise TDs, swaps ease back, NZD unchanged, & more
S&P Global Ratings raises its issuer credit rating on Liberty Financial by one notch to BBB, matching a trio of challenger banks
31st May 24, 11:01am
1
S&P Global Ratings raises its issuer credit rating on Liberty Financial by one notch to BBB, matching a trio of challenger banks
US data weaker than expected; Canada earnings growth stays elevated; Taiwan expansion beats China; Perth house prices zoom; shipping freight rates stay very high; UST 10yr 4.56%; gold holds and oil lower; NZ$1 = 61.3 USc; TWI-5 = 70.6
31st May 24, 7:19am
80
US data weaker than expected; Canada earnings growth stays elevated; Taiwan expansion beats China; Perth house prices zoom; shipping freight rates stay very high; UST 10yr 4.56%; gold holds and oil lower; NZ$1 = 61.3 USc; TWI-5 = 70.6
[updated]
A review of things you need to know before you sign off on Thursday; building consents retreat, farm sales fall, bank deleveraging continues, MTF warns, meat sales to US top those to China; swaps up, NZD holds, & more
30th May 24, 3:58pm
71
A review of things you need to know before you sign off on Thursday; building consents retreat, farm sales fall, bank deleveraging continues, MTF warns, meat sales to US top those to China; swaps up, NZD holds, & more
American retail strong but Beige Book says overall expansion is modest; IMF upgrades China growth forecast; Aussie inflation won't fall; UST 10yr 4.63%; gold down and oil on hold; NZ$1 = 61.2 USc; TWI-5 = 70.6
30th May 24, 7:19am
39
American retail strong but Beige Book says overall expansion is modest; IMF upgrades China growth forecast; Aussie inflation won't fall; UST 10yr 4.63%; gold down and oil on hold; NZ$1 = 61.2 USc; TWI-5 = 70.6
A review of things you need to know before you sign off on Wednesday; infrastructure funding catch-up, housing confidence 'complicated', business confidence 'grim', swap rates rise again, NZD eases, & more
29th May 24, 3:59pm
38
A review of things you need to know before you sign off on Wednesday; infrastructure funding catch-up, housing confidence 'complicated', business confidence 'grim', swap rates rise again, NZD eases, & more
US consumer sentiment rose; perceptions of inflation stay elevated; markets twist their view of UST auctions; Canadian PPI up; milk powder prices mixed; UST 10yr 4.54%; gold and oil up; NZ$1 = 61.5 USc; TWI-5 = 70.7
29th May 24, 7:19am
84
US consumer sentiment rose; perceptions of inflation stay elevated; markets twist their view of UST auctions; Canadian PPI up; milk powder prices mixed; UST 10yr 4.54%; gold and oil up; NZ$1 = 61.5 USc; TWI-5 = 70.7
A review of things you need to know before you sign off on Tuesday; new equity release option, FHBs take on more risk, DTI rules activated, hiring momentum slows, KiwiSaver shifts offshore, swap rates mixed, NZD firm, & more
28th May 24, 3:59pm
31
A review of things you need to know before you sign off on Tuesday; new equity release option, FHBs take on more risk, DTI rules activated, hiring momentum slows, KiwiSaver shifts offshore, swap rates mixed, NZD firm, & more
Lifetime Home releases its long-signaled alternative to a reverse equity mortgage, one that pays out an income fortnightly in return for giving up an equity share in the home
28th May 24, 12:02pm
46
Lifetime Home releases its long-signaled alternative to a reverse equity mortgage, one that pays out an income fortnightly in return for giving up an equity share in the home
Changed interest rate track threatens US REITs; Japanese 10yr bond yields top 1%; Taiwan sentiment rises; China profits stay low; UST 10yr 4.46%; gold and oil up; NZ$1 = 61.5 USc; TWI-5 = 70.7
28th May 24, 7:20am
105
Changed interest rate track threatens US REITs; Japanese 10yr bond yields top 1%; Taiwan sentiment rises; China profits stay low; UST 10yr 4.46%; gold and oil up; NZ$1 = 61.5 USc; TWI-5 = 70.7
Unlike other recent Reserve Bank no-change OCR events, the latest one has brought rising wholesale rate pricing, more in line with what happened when the OCR was increased
27th May 24, 4:09pm
2
Unlike other recent Reserve Bank no-change OCR events, the latest one has brought rising wholesale rate pricing, more in line with what happened when the OCR was increased
A review of things you need to know before you sign off on Monday; some rate changes, Co-op Bank profit up, NIMs stay up, and profits hold, China profits soft, swaps stable, NZD holds, & more
27th May 24, 3:59pm
19
A review of things you need to know before you sign off on Monday; some rate changes, Co-op Bank profit up, NIMs stay up, and profits hold, China profits soft, swaps stable, NZD holds, & more
Eyes on India election; China foreign direct investment tanks; Japanese inflation eases; Singapore's factories recover; US factory orders rise impressively; UST 10yr 4.47%; gold and oil slip; NZ$1 = 61.2 USc; TWI-5 = 70.6
27th May 24, 7:19am
67
Eyes on India election; China foreign direct investment tanks; Japanese inflation eases; Singapore's factories recover; US factory orders rise impressively; UST 10yr 4.47%; gold and oil slip; NZ$1 = 61.2 USc; TWI-5 = 70.6
[updated]
Two banks reverse the down-trend and offer higher nine and 12 month term deposit rates. But Westpac cuts back
27th May 24, 6:03am
15
Two banks reverse the down-trend and offer higher nine and 12 month term deposit rates. But Westpac cuts back
US durable goods orders rise impressively; Canada retail up; Japan CPI eases; China's FDI virtually stalls; China get rush out of bank deposits; UST 10yr 4.46%; gold down and oil up; NZ$1 = 61.2 USc; TWI-5 = 70.6
25th May 24, 8:30am
65
US durable goods orders rise impressively; Canada retail up; Japan CPI eases; China's FDI virtually stalls; China get rush out of bank deposits; UST 10yr 4.46%; gold down and oil up; NZ$1 = 61.2 USc; TWI-5 = 70.6
A review of things you need to know before you sign off on Friday; new high TD rate, affordability for FHBs improves, consumer sentiment improves slightly, April trade surplus halves, swaps up again, NZD holds, & more
24th May 24, 3:59pm
81
A review of things you need to know before you sign off on Friday; new high TD rate, affordability for FHBs improves, consumer sentiment improves slightly, April trade surplus halves, swaps up again, NZD holds, & more
US data strong; India and Taiwan also rising; China 'punishes' Taiwan; EU gains momentum; Aussie inflation expectations ease; freight rates from China leap; UST 10yr 4.48%; gold and oil slip again; NZ$1 = 61 USc; TWI-5 = 70.4
24th May 24, 7:20am
62
US data strong; India and Taiwan also rising; China 'punishes' Taiwan; EU gains momentum; Aussie inflation expectations ease; freight rates from China leap; UST 10yr 4.48%; gold and oil slip again; NZ$1 = 61 USc; TWI-5 = 70.4