Economy Watch

Kia ora, Welcome to Monday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news Australia is facing some hard choices in their relationships with China and the US. Can you have security without economic stability? Can you have stability with a disresp...

Kia ora, Welcome to Friday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news that while the 'real economy' is barely able to expand - but is in fact doing so modestly - there are two extreme bubbles brewing - in AI firm valuations, and in precious...

Kia ora, Welcome to Thursday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news inflation is getting entrenched in the US and policymakers are starting to look away from the threat under political pressure. But first, US mortgage applications fell f...

Kia ora, Welcome to Wednesday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news both Fed boss Powell, and the IMF are increasingly concerned about financial stability. But first up today, there was a dairy Pulse auction overnight for milk powders....

Kia ora, Welcome to Tuesday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news Trump (and Vance) are attempting to roll-back their aggression in the face of ugly financial market reactions and firm Chinese pushbacks. That cheered Wall Street and Ame...

Kia ora, Welcome to Monday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news markets will be on edge this week after a sharp -2.7% retreat on Wall Street on Friday and the largest one-day drop since early April. Bonds twisted into defensive mode. C...

Kia ora, Welcome to Friday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news China's economic activity over their holiday period will be impressing investors, while the US worries about weakening labour markets. But first, the ongoing US Federal Go...

Kia ora, Welcome to Thursday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news it seems the absence of official US economic data isn't holding back financial market risk takers, and even the data that is available, none of it very positive, isn't r...

Kia ora, Welcome to Wednesday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news most of the latest economic data seems to be on a downslide. The overnight dairy auction brought slightly easing prices, although not be as much as the derivatives mark...

Kia ora, Welcome to Tuesday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news financial markets are running positively, but without the guardrails of American economic data, while the US Federal shutdown extends. In their absence, consumer and tech...

Kia ora, Welcome to Monday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news that while much of the financial world seems disconnected from economic reality, we are about to reminded of our local realities this week. This week will be all about the...

Kia ora, Welcome to Friday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news the US is throwing out its existing economic playbooks and replacing it with personal revenge and retribution. First, there is no progress on the US federal government shu...

Kia ora, Welcome to Thursday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news markets are maintaining a wilful blindness in the face of the arrival of some major threats and poor data. Firstly we should note that the US Federal Government is shutt...

Kia ora, Welcome to Wednesday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news the US faces a federal government shutdown as markets start to realise Trump has no problem being reckless and has no problem hurting his 'friends'.. But first, there w...

Kia ora, Welcome to Tuesday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news gold is soaring on US missteps, and oil is falling as demand falters while supply is rising fast. Overnight US data was mixed. August pending home sales came in a little...

Kia ora, Welcome to Monday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news even the giant American economy can't seem to maintain its momentum, with Trump grabbing at all the levers of government. He is even taking government domain names and ins...

Kia ora, Welcome to Friday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news that currency markets, bond markets and equity markets all react to unexpectedly 'strong' US data releases overnight, much of it sceptical. In fact we are getting rising r...

Kia ora, Welcome to Thursday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news we are less than a week away from another potential US federal government funding shutdown. But first up today, we can report American August data for new home sales has...

Kia ora, Welcome to Wednesday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news the latest data shows American business activity slowing further. But first up this morning we should note that the overnight dairy Pulse event brought little-change to...

Kia ora, Welcome to Tuesday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news Super Typhoon Ragasa aims for a direct hit on southern China. But first up, we can report that the US National Activity Index as collated by the Chicago Fed, was less neg...

Kia ora, Welcome to Monday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news we are likely to get a lesson this week reconfirming that equity markets all look for short-term profit hits and are now setting prices on these short-term factors. But bo...

Kia ora, Welcome to Friday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news the New Zealand dollar has been re-rated sharply lower overnight, although to be fair only back to levels it was at in April. US benchmark interest rates are rising but th...

Kia ora, Welcome to Thursday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news financial markets are struggling to make sense of the US Fed's latest rate cut rationale, one that looks infused with new White House politics. First up this morning, th...

Kia ora, Welcome to Wednesday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news markets now universally expect the American central bank to cut rates tomorrow by -25 bps. But today, the overnight dairy auction brought a much better result than expe...

Kia ora, Welcome to Tuesday’s Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand. I'm David Chaston and this is the international edition from Interest.co.nz. And today we lead with news both the US and China are eyeing rate cuts to bolster wavering economies. While all financial market attention is on the US Fed and its Thursday rate review - and market...