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Showing 251 - 260 of 688 results for "Estimate 1"

Gesundheit

BENJAMIN ONG  |  TUESDAY, 13 FEB 2018
"When Wall Street sneezes, the rest of the world catches a cold." The heightened volatility in the week of 5-9 February 2018 took down the S&P 500 index and the DJIA by 5.2% each. Spooky perhaps, but still a decent outcome especially when the 2018 to ...

CBA puts away $500m for regulatory costs

DARREN SNYDER  |  WEDNESDAY, 7 FEB 2018
Commonwealth Bank posted a $4.7 billion after-tax profit in the first half of FY18 and its wealth management arm was a standout performer. However the bank has also put aside more than $500 million for ongoing legal and customer remediation costs. CBA's ...

Chief economist update: Euro's uptrend is a downtrend risk

BENJAMIN ONG  |  FRIDAY, 2 FEB 2018
While none expected a change in monetary policy, not a few anticipated ECB president Mario Draghi to deliver a less dovish message (at the very least) after the European Central Bank's first governing council meeting for 2018. Perhaps, the underlying ...

Chief economist update: The angel in the details

BENJAMIN ONG  |  MONDAY, 29 JAN 2018
The US economy had been expected to slow in the fourth quarter of 2017... but not this slow. The advance estimate of US GDP showed economic growth decelerated to a 2.6% annual rate in the December 2017 quarter from a two-and-a-half-year high of 3.2% ...

Chief economist update: iPhone and Black Friday sales ring up retail registers

BENJAMIN ONG  |  FRIDAY, 12 JAN 2018
The Australian consumer is back! He, she, it, they have opened their wallets and went on a shopping binge. This, at least, is what one would conclude after seeing the Australian Bureau of Statistics' (ABS) report revealing that retail sales surged by ...

Pre-Christmas delivery

BENJAMIN ONG  |  THURSDAY, 21 DEC 2017
So let it be re-written, so it's been passed. "I promised the American people a big, beautiful tax cut for Christmas. With final passage of this legislation, that is exactly what they are getting." (Donald Trump) The US Congress passed the long-awaited ...

Eurozone low-flation to 2020

BENJAMIN ONG  |  WEDNESDAY, 20 DEC 2017
Final estimates of Eurozone HICP (harmonised index of consumer prices) inflation added credence to the European Central Bank's (ECB) most recent forward guidance indicating that euro area interest rates will remain on ice until at least the third quarter ...

America is full

BENJAMIN ONG  |  MONDAY, 11 DEC 2017
There is nothing in the November US labour numbers to stop the Fed from delivering its "promised" third rate hike finale for 2017 this week. US employment increased by 228K in November following a 244K gain in October. This is greater than market expectations ...

Capex brings cheer

BENJAMIN ONG  |  FRIDAY, 1 DEC 2017
"You can't make people be confident, I certainly can't. I've allowed the horse to come to the water with cheap funding. I can't make it drink." This was then RBA governor Glenn Stevens' statement to the House of Representatives Standing Committee on ...

Manage wealth with authority: Academic

EMMA RAPAPORT  |  THURSDAY, 30 NOV 2017
The financial services industry needs to be more paternalistic if it's ever going to really help people prepare for retirement, Duke University professor of psychology and behavioral economics Dan Ariely believes. Speaking at the 2017 Association of ...