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Showing 1161 - 1170 of 2991 results for Benjamin Ong

Parting could be such sweet sorrow

BENJAMIN ONG  |  MONDAY, 20 JUN 2016
'Brexit', the worry du jour and the epic horror movie of our time that's coming soon, very soon to a theatre near us. With only four sleeps to go before the Brits vote to leave or remain in the European Union this coming Thursday (23 June), the UK remains ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 17 JUN 2016
Australia employment The Australian Bureau of Statistics' (ABS) "Labour Force, Australia" report showed that an estimated 17,900 jobs were created in May. This was more than consensus expectations for a 15,000 gain but part-time employment - rising ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 16 JUN 2016
US Fed monetary policy decision No one expected the Fed to alter monetary settings this month - and they didn't - primarily due to the disappointing May employment report released in early June - and it was, "Information received since the Federal Open ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 15 JUN 2016
US retail sales A solid and faster than expected increase in US retail spending in May suggests that, perhaps, the Fed was correct in dismissing the highly disappointing May non-farm payrolls report as just "noise". Overall retail sales expanded for ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 14 JUN 2016
Australia business confidence "The RBA's cut to interest rates did not help lift business confidence as we had hoped, even as sales activity continues to improve." This was how National Australia Bank's (NAB) chief economist, Alan Oster interpreted ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 10 JUN 2016
US jobless claims It may be that the very disappointing 38K increase in US employment in May was just noise, an aberration. This is the indication given by the latest data on jobless claims. Initial jobless claims decreased to 264,000 in the week ended ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 9 JUN 2016
Australia housing finance The latest dwelling finance commitment report gave almost immediate evidence to the RBA governor Glenn Stevens' 7 June statement that, "Indications are that the effects of supervisory measures have strengthened lending standards ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 8 JUN 2016
RBA holds The Reserve Bank of Australia (RBA) kept domestic monetary policy settings steady at its 7 June Board meeting, announcing no change in the official cash rate which the central bank cut to a record low 1.75% at its 3 May meeting. "Taking account ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 7 JUN 2016
Australia ANZ job ads Continued improvement in the Australian labour market in the coming months. This is the indication from the ANZ's latest job advertisement tally. Total job ads increased by 2.4% - the fastest pace in eight months - 157,942 - the ...

Australia on top

BENJAMIN ONG  |  MONDAY, 6 JUN 2016
Woe is us. Australians all, let's not rejoice! The Australian equity market's reaction to the better-than-expected - heaps better - 1.1% quarterly expansion in March quarter real GDP is beginning to plant the seed of doubt in my psyche. Doubt that perhaps ...