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Showing 1551 - 1560 of 2994 results for "February 2007"

No other way but up

BENJAMIN ONG  |  MONDAY, 13 MAR 2017
A few more sleeps and the fed funds rate would no longer have a zero in front of a decimal point but a one. Unless something surprisingly dramatic occurs between now and the ides of March (15th of March), the US Federal Reserve is sure to announce its ...

Traded goods inflation

BENJAMIN ONG  |  FRIDAY, 10 MAR 2017
Quickening US import and export price inflation indicates that, barring a surprisingly weak US non-farm payrolls report (released later tonight), the fed funds rate would be at 0.75%-1.0% in about five days' time (15th of March). Import prices rose ...

Low-flation at the core

BENJAMIN ONG  |  FRIDAY, 10 MAR 2017
Low-flation at the core The European Central Bank's (ECB) governing council decided to keep monetary policy steady - refinancing rate at 0%, deposit rate at -0.4%, marginal lending facility at 0.25% -- while at the same time confirming that its asset ...

Year of the Rooster deficit

BENJAMIN ONG  |  THURSDAY, 9 MAR 2017
China's trade balance went into a US$9.2 billion deficit in February from a surplus of US$51.4 billion in the previous month and a surplus of US$28.2 billion in the same month in 2016. This was the first monthly trade deficit recorded since February  ...

Jobs, jobs, jobs

BENJAMIN ONG  |  THURSDAY, 9 MAR 2017
Financial markets don't track the ADP private payrolls report as closely as they do the Bureau of Labor Statistics (BLS) employment report but if ADP's estimate for February is any guide, the official US non-farm payrolls report (due out at the end ...

Steady as she grows

BENJAMIN ONG  |  WEDNESDAY, 8 MAR 2017
As expected, the Reserve Bank of Australia (RBA) kept the official cash rate unchanged at 1.5% -- where it had been since August last year -- while at the same time offering a positive outlook on the global and domestic economy. Not only has the RBA ...

First of three (or more) coming next week

BENJAMIN ONG  |  TUESDAY, 7 MAR 2017
... strong result following January's stronger-than-expected 227K addition. The ISM manufacturing index jumped to 57.7 in February - the highest since August 2014 - while the ISM non-manufacturing index rose to 57.6 - the highest since October 2015 - boosted ...

Going good but there are risks

BENJAMIN ONG  |  MONDAY, 6 MAR 2017
The just-released "OECD Economic Surveys, Australia" provided a pretty growth picture of the domestic economy, forecasting GDP growth of 2.6% this year and 3.1% in 2018 - one that would lower the current jobless rate from 5.7% (January 2017) to 5.5% ...

What a drag

BENJAMIN ONG  |  FRIDAY, 3 MAR 2017
... manufacturing activity conditions in China - underscored by the higher than expected official and Caixin manufacturing PMI for February - suggest a recovery in Australian exports in the coming months. While the rise in imports in January continues to ...

Good credit

BENJAMIN ONG  |  WEDNESDAY, 1 MAR 2017
The latest lending stats out of the Eurozone continue the developing good news story in the single currency area despite the lingering political uncertainty - elections in France, the Netherlands and Germany - Brexit and continuing terrorist threat ...