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Showing 1011 - 1020 of 2991 results for Benjamin Ong

A bump up in credit

BENJAMIN ONG  |  WEDNESDAY, 1 FEB 2017
NAB's cautious optimism over Australian business conditions (see "Five minutes of sunshine?" report in this section), should be allayed by the Reserve Bank of Australia's private sector credit report. Total private sector credit increased by 0.7% in ...

Five minutes of sunshine?

BENJAMIN ONG  |  WEDNESDAY, 1 FEB 2017
Australian business confidence surges in December but confidence is unmoved. This is the message from the NAB monthly business survey. The business confidence jumped to a reading of 11 in December from 6 in the previous month. The first double-digit ...

Sunrise sunset

BENJAMIN ONG  |  TUESDAY, 31 JAN 2017
Markets don't expect the Bank of Japan (BOJ) to alter monetary policy settings after it concludes its 30-31 January meeting. Just as well for indications remain ambivalent. Sunrise. Manufacturing activity expansion accelerates. The Nikkei Japan flash ...

Happy sentiment holding up

BENJAMIN ONG  |  TUESDAY, 31 JAN 2017
Economic, business and consumer confidence in the single currency area started the New Year where they left off - buoyant. The European Commission reports that economic sentiment in the Eurozone rose to a near sic-year high to 108.2 in January from ...

Consumer-powered

BENJAMIN ONG  |  TUESDAY, 31 JAN 2017
The latest update on US personal income and outlays confirmed the indications from last week's National Accounts that the consumer remains the economy's major driving force. US GDP growth expanded at an annual rate of 1.9% in the fourth quarter with ...

One week delivery

BENJAMIN ONG  |  MONDAY, 30 JAN 2017
Yes people, we are now staring at Dow 20,000! For sure, the Dow as an equity market measure is flawed and that in terms of market and economic fundamentals, this means diddly-squat. However, in the world of technical analysts, this is the mark where ...

No wolf here

BENJAMIN ONG  |  FRIDAY, 27 JAN 2017
Perhaps it'll still happen, but it's not happening overnight - the "gloom and doom" that international institutions, foreign governments and even the UK's own central bank predicted. They should be wolf-whistling instead of crying wolf. Preliminary ...

Low prices inflate RBA rate cut chances

BENJAMIN ONG  |  FRIDAY, 27 JAN 2017
Australians, all, should we rejoice? A day before we celebrated Australia Day, the Australian Bureau of Statistics (ABS) released its latest update on the country's inflation. Overall consumer prices rose by 0.5% in the December quarter, easing from ...

Shine, shine, shine, let it shine

BENJAMIN ONG  |  WEDNESDAY, 25 JAN 2017
Shine, shine, shine, let it shine Thank you strong US dollar. Just as the latest PMI updates for the US and the Eurozone, Japan's manufacturing sector started the New Year with a smile. The Nikkei Japan flash manufacturing PMI increased to 52.8 in January ...

A minor slip but still going stronger

BENJAMIN ONG  |  WEDNESDAY, 25 JAN 2017
The strong US dollar (weak euro) is doing it for the single currency area. Although down slightly to a preliminary estimate of 54.3 in January (from 54.4 in December), the Markit flash Eurozone composite output index is the second highest reading since ...