Economy Watch

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. Today we lead with news the real economic markers in the world's largest economy painted a very lackluster picture today. US mortgage applications retreated again last week, for a second consecutiv...

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. Today we lead with news gold and silver are currently experiencing the volatility we saw with bitcoin in 2024/25. Meanwhile, bitcoin is being dumped heavily today. Today starts with a series of un...

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. Today we lead with news commodity prices are still falling after last week's crazy surge. The retreats are widespread and substantial. Oddly, it isn't having much effect on commodity-based currencie...

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. Today we lead with news commodity and financial markets delivered some rather spectacular gyrations over the weekend, forcing investors to review how they are going to deal with the 'certainty of unc...

By Gareth Vaughan A new all-of-government strategy to tackle organised crime aims to make New Zealand the hardest place in the world for organised criminal groups to do business and following the money is key to the fight, says the Chairman of the Ministerial Advisory Group on Transnational, Serious and Organised Crime. One of the Ministerial Advisory Group's recommendations is to broaden the lega...

US data mixed as risk aversion rises. Singapore & Sweden hold rates. EU sentiment rises, inflation expectations dip. Air travel & cargo buoyant. Audio soundtrack opening is licensed from Shutterstock, Track 1219389 Monetization ID TFGEPGEI0LHEIJAI

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. Today we lead with news markets now expect an Australian rate rise next week. But first today, the US Fed held its policy rate unchanged at 3.5%. This is what markets expected from them, despite 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. Today we lead with news the US dollar fell for a fourth consecutive session today, sliding to its lowest level since February 2022. It's a -3.5% devaluation in just one week. Some think the US Adm...

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. Today we lead with news repricing for American risk is underway, evidenced by rising UST yields, a falling US dollar, and commodity price spikes. First up today, American durable goods orders rose i...

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. Today we lead with news we need to keep an eye on the 'Sell America' trade, which until now has been more headlines that substance and mainly about China's divestment in US Treasuries. But the Greenl...

​ By Gareth Vaughan Governor Anna Breman has implied the Reserve Bank's Monetary Policy Committee will increase the Official Cash Rate (OCR) in the run-up to November's election if members believe this is what is required. "We are statutory independent. We are an independent central bank, like you point out, and we will do what is best for the New Zealand economy and to reach our inflation target,...

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. Today we lead with news the US dollar is being marked down as demand for precious metal hedges rises. But first in the US there were 260,000 initial jobless claims last week, down -71,000 from the pr...

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. Today we lead with news it is all about the 'debasement trade" today - Trump debasing US public policy resulting in a rush to gold, a jump in US Treasury yields, and a fall in the greenback. Equiti...

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. Today we lead with news long term bond yields are on the move higher, notably in Japan and the US. First however, the overnight dairy auction delivered a modest gain, up +1.5% in USD terms, but up...

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. Today we lead with news political risks have moved higher overnight, but by less than you might have expected given the pressures. First we should note that today is Martin Luther King Day in the US...

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. Today we lead with news the world is looking for even more workarounds to avoid having to deal with a Trump-America. First however, this week is going to be a busy one locally with important data rel...

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. Today we lead with news of plenty of gritty data, but none of it really amounting to anything significant. Actual US initial jobless claims rose +32,000 last week to 331,000. But that was a lesser ri...

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. Today we lead with news it is now clear that China has been the big winner in Trump's trade war. Geopolitical risks are front of mind in financial markets today. But first in the US, eyes were on a...

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. Today we lead with news the Powell resistance to Trump has garnered unexpectedly wide support, nationally and internationally, reinvigorating "central bank independence" positions. It also has man...

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. Today we start with news of gold and other commodity prices have pushed up into record territories again as geopolitical risks rise. (Crypto's are notable by their impotence in the background, irrel...

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. Today we start with news of plenty of trade and economic action, some good, some not so. But first, some official data will start to be released locally this week, with November building permits and...

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. Today we start with news global trade is rising and quite impressively, but the US is being shunned (or shunning itself). But first, US initial jobless claims rose more than +29,000 last week, margin...

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. Today we start with news the fall of the USD is driving some renewed realignments. To start we should note that gold has surpassed US Treasuries as the world’s largest reserve asset globally for 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. Today we start with news today is all about commodity prices. Silver has jumped sharply, gold and platinum are up, copper is at a record high, and both nickel and aluminium have surged too. Tin is...

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. Today we start with news elevated global uncertainty is pushing up prices for key minerals sharply today. Wall Street is of two minds about the risks and opportunities. But first in the US, the ISM...