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Showing 81 - 90 of 489 results for "PMI"

Chief economist update: COVID-19 eating into jobs

BENJAMIN ONG  |  THURSDAY, 26 MAR 2020
... perhaps... perhaps. They better work given the deterioration in US economic activity. IHS/Markit's flash US composite PMI dropped to a fresh low of 40.5 in March (from 49.6 in the previous month) as manufacturing declined to its lowest reading (49.2) ...

Chief economist update: The cheaper alternative

BENJAMIN ONG  |  WEDNESDAY, 25 MAR 2020
... activity. Just like the UK, Australian economic activity will slow as shown by the latest UK Markit/CIPS figures - composite PMI down to a reading of 37.1 in March from 53.0 in February; manufacturing down to 48.0 from 51.7; services down to 35.7 from ...

Chief economist update: Australian recession here we come

BENJAMIN ONG  |  WEDNESDAY, 18 MAR 2020
... recession will come to an end has increased. Just have a look at the sharp dive the latest Markit Economics JP Morgan Global PMI has taken in February. Sorry, but that's all the data I have available on Factset. But according to JP Morgan, the index ...

Chief economist update: Australia's gentle turning point to turn

BENJAMIN ONG  |  THURSDAY, 5 MAR 2020
... assessment lopped 0.8% off its 2020 Chinese economic growth forecast to 4.9%. This figure is consistent with the latest China PMI readings. The official NBS Manufacturing PMI dropped to a reading of 35.7 in February from 50.0 in the previous month. This ...

Group premiums rise 34%

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2020
Members of Defence Bank Super and Crescent Wealth Super have been notified their insurance premiums will increase 34%, after TAL advised it would increase premium rates. The funds informed members the changes were as a result of recent legislative changes ...

Chief economist update: COVID-19 solves overtourism in Europe

BENJAMIN ONG  |  WEDNESDAY, 26 FEB 2020
... improvement in the Eurozone economy. Just before the virus broke out in Europe, IHS Markit reported that the Eurozone Composite PMI increased to 51.6 in February 2020 from 51.3 in the previous month -- beating market consensus of 51.0 and is the fastest ...

Industry fund hikes admin fees

ELIZA BAVIN  |  MONDAY, 17 FEB 2020
A $3 billion industry super fund is the latest to hike fees ahead of the Protecting Your Super (PYS) and Putting Members Interest First (PMIF) legislation. First Super announced an increase to its administration fee, going from $1.50 per week to $2.25 ...

Chief economist update: Happy New Year rat

BENJAMIN ONG  |  MONDAY, 20 JAN 2020
... December from November, following a slowdown to a six-month low of 7.2% in October. These have all been captured by China's PMI indices. The Caixin China composite PMI eased to a reading of 52.6 in December from November's 21-month high reading ...

Chief economist update: Phase one deal signed, sealed and delivered

BENJAMIN ONG  |  THURSDAY, 16 JAN 2020
... CEBM Group, nominates as "a major hurdle to stabilizing the economy". So far so good for China. The Caixin China composite PMI eased to a reading of 52.6 in December from November's 21-month high reading of 53.2 due to a slower rate of expansion ...

Chief economist update: A busy 2020 for Abe, BOJ

BENJAMIN ONG  |  TUESDAY, 14 JAN 2020
... has depreciated by 4.1% versus the greenback to ¥109.57 from last year's high of ¥105.08. Then again, the Jibun Bank PMI indices point to persistent weakness with all three indices at contraction levels. The Composite PMI fell to 48.6 in December ...