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

Search Results

Showing 1 - 6 of 6 results for "Markit PMI - 57.3"

Chief economist update: Weaker yen strengthening Japan

BENJAMIN ONG  |  THURSDAY, 28 NOV 2019
Apart from underwriting improved growth in the Japanese economy, the yen's depreciation should help in the Bank of Japan's (BOJ) efforts to bring inflation up to its 2% target. Look ma, no hands! "Merkurisumasu, soshite, akemashite omedet?!" ...

Chief economist update: A prelude to a rate cut?

BENJAMIN ONG  |  FRIDAY, 7 DEC 2018
Could it be? Could it be that the Reserve Bank of Australia (RBA) is now pondering the likelihood that the next move in interest rates is down rather than up? In early June this year, I put forth a thesis that long stretches of steady interest rates ...

Chief economist update: Slowing in sync

BENJAMIN ONG  |  FRIDAY, 16 NOV 2018
2018 started as a good year (not the tyres) but with so many bumps in the road is, to keep up with the metaphor, flattening the tyres of global growth. There's the Fed's determination to return monetary policy back to normality - that's ...

Running on neutral

BENJAMIN ONG  |  FRIDAY, 22 MAY 2015
Move on people, nothing to see here today. Go away and enjoy a long lunch or plant a tree. This applies to equity markets seeking direction from overnight activity on Wall Street. The Dow Jones Industrial index weaved and bobbed through intra-day trade ...

So good but for the wrong spin

BENJAMIN ONG  |  WEDNESDAY, 2 JUL 2014
... reports. And here's what I found: ISM manufacturing index - 55.3 in June versus 55.4 in May and expectations of 55.6. Markit PMI - 57.3 in June (final) versus 57.5 (preliminary June) and 56.4 (final May) and expectations of 57.0 ICSC-Goldman's same-store ...

Positive contagion

BENJAMIN ONG  |  TUESDAY, 2 FEB 2010
Running of the bulls. Peppered with undeniably wonderful set of numbers, Wall Street couldn't have it any other way overnight. The Dow closed 1.2 per cent higher - the biggest daily advance in about a month - the S&P 500 surged 1.4 per cent and the ...
PAGE:
1