Economy Watch

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 risk aversion is the theme of the day for investors who seem particularly jittery about AI valuations, crypto prices, and the prospects for the US economy. But first, 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 there are more twists and turns in international trade to report today. But first in the US, the NY Empire factory survey came in positively in November, on the back of a...

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 inflation is rising more quickly in one large economy, the US, and policymakers and financial markets are getting skittish. Firstly, this week will be dominated by the Res...

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 we have unexpectedly weak data from China and unexpectedly strong data from Australia. But first in the US, it is back to work for their Federal government after the...

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 that with the Indian subcontinent on the edge of armed conflict and tit-for-tat terrorist moves and retaliation, the world's economy is ignoring these new risks. First u...

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 economic optimism seems to be on the rise in many places, but not in the world's largest economy. First in the US, not only is the federal government shut down still, b...

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 the US is moving to end its government shutdown. First, Wall Street has started its week positively with the S&P 500 rising, the Nasdaq rising even more, and the Dow Jone...

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 Chinese data released over the weekend indicates their domestic economy is holding its own, and their export economy continues to thrive, despite Trump. But first a look a...

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 the mess in the US is getting worse as 'retribution' is ramped up. Markets are getting nervous. First, the US government shutdown is masking official data that would show growi...

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 the good bits of news which seem to dominate today are in fact masking some less-than-good trends nested within them. First up, US ADP employment report on private payrolls 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 of leaking economic signals everywhere we look today. And the NZD is in retreat as the mood sours on commodity currencies, and Wall Street follows. First, the overnight full...

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 mixed news about how the world's factories are faring. First up today we need to report that the closely watched US ISM factory PMI undershot expectations, and those expectati...

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 rising inflation pressures are now appearing everywhere in the West, underpinned by poor economic judgements. This week will be a busy one on the economic data front, even...

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 benchmark bond rates are on the move higher as the bond market passes its judgment on the geopolitical trade situation and the US Fed's signals. Basically they are pricing...

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 the two big policy set pieces today have been underwhelming. First up today, the US Fed trimmed its policy rate by -25% as expected, bringing the target range to 3.75% t...

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 Fed is meeting but flying blind on both inflation and jobs data. But other indications suggests the US economy is fading faster than previously assumed. In the U...

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 expectations are gyrating around the upcoming US-China leaders meeting. Markets have high expectations and are pricing in a positive outcome. For US markets, this is rela...

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 of a sudden jump in international crude oil prices as the US sanctioned the main Russian oil companies. In the US, existing home sales in September rose to just over a 4 m...

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 the US federal Government shutdown is now the second longest in their history having just overtaken the 1995-96 one where Republicans were trying to prevent a Clinton bu...

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 market assumption that Trump's upcoming meeting with Chinese president Xi would calm trade matters seems up in the air again, with that meeting now suddenly less ce...

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 Australia seems to have avoided American ire when Prime Minister Albanese visited Washington overnight. They ended with a rare earths agreement, confirmation of the AUKUS...

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....