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Showing 51 - 60 of 174 results for "PBO"

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 7 JUL 2016
AiG performance of construction index The Australian Industry Group's (AiG) performance of construction index jumped to 53.20 in June from 46.7 in the previous month. The index's rise to a 10-momth high was driven by a rebound to expansion territory ...

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  |  WEDNESDAY, 11 MAY 2016
US NFIB small business optimism The National Federation of Independent Business' (NFIB) small business optimism index increased to 93.6 in April, rebounding from the previous month's two-year low level of 92.6 and better than market expectations for ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 22 MAR 2016
US existing home sales The National Association of Realtors reported that total sales of previously owned houses dropped by 7.1% to a seasonally adjusted annual rate of 5.08 million units in February - more than double consensus expectations for a 3.0% ...

Easier for as long as necessary?

BENJAMIN ONG  |  MONDAY, 21 MAR 2016
Funny that. For all the recent rhetoric and commentaries that central banks have become impotent, financial headlines continue to be dominated by the latest policy movements -- or lack thereof -- and current thoughts of, well, central bankers. Such ...

We've got the power and firepower (still)

BENJAMIN ONG  |  MONDAY, 14 MAR 2016
Despite deteriorating market confidence and doubts over central banks' firepower and ability to influence market moods and outcomes, the events of the past week showed that CBs are anything but powerless. The Reserve Bank of New Zealand's (RNBZ) unexpected ...

Market confidence marches in March

BENJAMIN ONG  |  MONDAY, 7 MAR 2016
"Do you know where you're going to... Where are you going to Do you know?" - Diana Ross, 'Theme from Mahogany" Last week was another good week for equity markets with most major benchmark indices finishing with green lights blinking brightly. Has the ...

Crouching services, contracting manufacturing

BENJAMIN ONG  |  WEDNESDAY, 2 MAR 2016
Economic slowdown on a roll. This is the message from the latest disappointing readings from China's official manufacturing and non-manufacturing purchasing managers' indices (PMIs). The manufacturing PMI fell deeper into contraction (below 50) from ...

Strength in (A$) weakness

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2016
Strength in (A$) weakness I wouldn't be surprised if Reserve Bank of Australia (RBA) Governor had that all too familiar (former Federal Treasurer) Peter Costello's smirk on his face as he presided over the bank's first Board meeting this year. I might ...

China's low-flation

BENJAMIN ONG  |  TUESDAY, 12 JAN 2016
It's bad news and it's good news. This is the message delivered by the latest update on China's inflation. China Inflation November Dee Consensus Dee Actual CPI - Y/Y Change 1.50% 1.60% 1.60% PPI - Y/Y Change -5.90% -5.80% -5.90% China's CPI inflation ...