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Showing 1111 - 1120 of 2991 results for Benjamin Ong

Where's the Brexit-induced recession?

BENJAMIN ONG  |  MONDAY, 19 SEP 2016

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 16 SEP 2016
Australia employment The world of financial markets and tea-leaves watching would be a boring place if not for "seasonality adjusted" estimates of economic statistics, especially ones that go up one month and down the next and/or beat expectations one ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 15 SEP 2016
Australian consumer sentiment Although marginal and less than market expectations, the 0.3% increase in the Westpac/Melbourne Institute index of consumer sentiment to 101.4 in September from 101.0 in the previous month indicates that optimists continue ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 14 SEP 2016
Australia business confidence The Reserve Bank of Australia's (RBA) 25bps cut in the official cash rate to 1.50% in August helped lift the NAB business confidence indext from a reading of plus 4 in July to plus 6 last month - consistent with its long-term ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 13 SEP 2016
Australia lending finance Data from the Australian Bureau of Statistics (ABS) showed a sharp 9.0% increase in the total value commercial finance commitments in July, more than reversing the 8.2% drop in the previous month. The increase was driven by ...

The twenty-first night of September

BENJAMIN ONG  |  MONDAY, 12 SEP 2016
"Do you remember twenty-first night of September? Before you go cold like December And all you saw were cloudy days..." - September Gospel musician Kirk Franklin's reprisal of 'Earth, Wind & Fire's' classic September could become a hit come the "twenty-first ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 9 SEP 2016
US consumer credit Total US consumer credit went up by US$17.7 billion in July, stronger than the previous month's US14.5 billion increase and more than market expectations for a US$15.6 billion rise. Non-revolving credit - i.e. car and student loans ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 8 SEP 2016
Australian GDP The Australian Bureau of Statistics (ABS) released the country's National Accounts report showing that while the economy's quarterly real GDP growth halved to 0.5% in the three months to June from 1.0% in the March quarter, the annual ...

December maybe?

BENJAMIN ONG  |  MONDAY, 5 SEP 2016
Rate hike on, rate hike off. Financial markets raised their bets for a September fed funds rate lift soon after US Federal Reserve Chair Janet Yellen's two-day outing at Jackson Hole (25-26 August). Her words, "Indeed, in light of the continued solid ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 2 SEP 2016
Australia capex The Australian Bureau of Statistics' (ABS) report on business investment shows actual private new capital expenditure drop by 5.4% in the June quarter following a similar 5.4% decline in the three months to period and worse than market ...