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Showing 61 - 70 of 85 results for "Markit Economic"

Good or bad, it's all good

BENJAMIN ONG  |  TUESDAY, 24 JUN 2014
I had pancakes for breakfast. So was everyone else tuned in to overnight trading activity on Wall Street. The S&P 500 index closed flat -- ok, ok... an itsy-bitsy-teenie-weenie minus 0.01% if one must be pedantic about it -- after declining by as much ...

Global healing?

BENJAMIN ONG  |  FRIDAY, 23 MAY 2014
Yes, no, maybe... I don't know. It's another happy day for the stock markets, hoisted up by the news du jour of positive indications from the latest PMI survey readings. Yes. The Markit Economics index of US manufacturing rose to a flash reading of ...

BOE has a problem to smile about

BENJAMIN ONG  |  WEDNESDAY, 9 APR 2014
The Bank of England (BOE) is expected to do what the ECB and the BOJ and the Fed did before it when it meets tomorrow night - that is, keep monetary policy steady as she goes and of course... provide "forward guidance". The only difference is that BOE ...

The art of fighting without fighting

BENJAMIN ONG  |  FRIDAY, 4 APR 2014
Only 2 economists out of the 57 in Bloomberg's survey and just 2 - perhaps the same 2 - out of 72 economist polled by Reuters got it wrong. Think it's safe to say that these two economists (or four, in case they aren't the same two) expected the European ...

Market Wrap AM

AAP  |  WEDNESDAY, 2 APR 2014
The Australian market looks set to open higher after Wall Street gained following solid manufacturing data from China. At 0830 AEDT on Wednesday, the June share price index futures contract was up 27 points at 5,410. China said its official purchasing ...

A$ rising on China slowing

BENJAMIN ONG  |  TUESDAY, 25 MAR 2014
Uh-oh, Governor Glen Stevens won't be a happy little Vegemite this morning. No Virginia... not with headlines proclaiming the Australian dollar's comeback - as in, it's again on the rise against the US dollar. My Bloomberg screen shows the A$ fetched ...

Just jokin' Putin

BENJAMIN ONG  |  WEDNESDAY, 5 MAR 2014
"I was only joking my dear Looking for a way to hide my fear What kind of fool was I I could never win." - Rod Stewart President Putin fought the G7... and the G7 won. At least that's how it appears after Vladimir ordered his Russian troops back to ...

Market Wrap AM

AAP  |  THURSDAY, 6 FEB 2014
The Australian market looks set to open higher, despite a negative lead from Wall Street which fell following disappointing US jobs data. At 0900 AEDT on Thursday, the March share price index futures contract was up 14 points at 5,032. The US economy ...

Market Wrap AM

AAP  |  FRIDAY, 24 JAN 2014
The Australian market looks set to open lower, taking its lead from Wall Street which is down one per cent after weaker-than-expected Chinese manufacturing figures. At 0855 AEDT on Friday, the March share price index futures contract was down 31 points ...

OMTs - one year on

BENJAMIN ONG  |  TUESDAY, 10 SEP 2013
... despite the unemployment rate remaining at a record high 12.1%. The outlook for the region also looks brighter.A Markit Economic's final Eurozone PMI Composite Output Index went up to 51.5 in August - the second straight monthly advance and the highest ...