Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 85 results for "Markit Economic"

PMI surveys say...

BENJAMIN ONG  |  WEDNESDAY, 25 MAR 2015
Markit Economics' flash PMI (purchasing managers' index) data dump yesterday gives us the lay of the land for first quarter economy and beyond. While it's tempting to correlate these PMI readings with the effectiveness (or not) of the monetary policy ...

Market Wrap AM

AAP  |  WEDNESDAY, 25 MAR 2015
The Australian market looks set to open lower after Wall Street fell amid signs that US inflation is rising. At 0827 AEDT on Wednesday, the June share price index futures contract was down 10 points at 5,968. In local economic news on Wednesday, the ...

My QE, your problem

BENJAMIN ONG  |  FRIDAY, 6 MAR 2015
And it's off and... running. Whoops, sorry Virginia, I've gotten ahead of myself. It won't be hitting Europe's pavements till Monday, 9 March 2015 - the first instalment of the ECB's QE worth a,-60 billion, and a,-60 billion monthly hereafter until ...

Easing here, there and everywhere

BENJAMIN ONG  |  THURSDAY, 5 FEB 2015
And an easing here, an easing there, everywhere an easing... Just a day after the Reserve Bank of Australia (RBA) joined the central bank surprise club and decided to ooh, ahh, "have what they're having", and two days after I typed on this space "and ...

The Grinch is stealing Christmas

BENJAMIN ONG  |  TUESDAY, 9 DEC 2014
Where would this, 'tis the season to be jolly, without the Grinch stealing Christmas? Just when we thought financial markets would be jingling all the way into the New Year - helped by the unarguably strong US employment report for November - we're ...

Quo vadis dollar-A?

BENJAMIN ONG  |  FRIDAY, 21 NOV 2014
You wouldn't miss it even if you tried. Markit Economics did a dump - a dump of fresh PMI data, that is - but after a brief knee-jerk reaction from the financial markets, everything went back to where they were. As they should. This is because the November ...

The ECB can't make the horse drink

BENJAMIN ONG  |  WEDNESDAY, 24 SEP 2014
Just a few percentage points are all it took for the Australian equity market to get into what the financial presses call the "Beijing bounce". Two percentage points above the previous month and five percentage points more than consensus expectations ...

All about the slack

BENJAMIN ONG  |  THURSDAY, 7 AUG 2014
..."but I get up again, you're never gonna keep me down" (continued from yesterday's blurb). Small and almost flat they may be, but gains in the major indices were enough to take Wall Street up again after getting knocked down the previous day through ...

Not that time yet

BENJAMIN ONG  |  FRIDAY, 1 AUG 2014
"We think it's a significant package... Are we finished? The answer is no." "The Governing Council decided to intensify preparatory work related to outright purchases in the ABS market to enhance the functioning of the monetary policy transmission mechanism." ...

Mission accomplished?

BENJAMIN ONG  |  MONDAY, 14 JUL 2014
"O Captain! my Captain! our fearful trip is done, The ship has weather'd every rack, the prize we sought is won, The port is near, the bells I hear, the people all exulting..." -- Walt Whitman "The Bank of England's Monetary Policy Committee at its ...