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Showing 1 - 10 of 19 results for "US stats"

Chief economist update: It's a holiday for the Fed

BENJAMIN ONG  |  FRIDAY, 31 JAN 2020
... equal to easing - the probability that the Fed will cut rates at its September meeting is at 71.5%. Looking at current US stats, there's a case for both. US GDP growth accelerated at an annualised quarterly rate of 2.1% in December 2019 (from 1.1% ...

Chief economist update: It'll hurt me more than it hurts you

BENJAMIN ONG  |  FRIDAY, 24 MAY 2019
... is reversing in Beijing's favour. No use re-inventing the wheel, here's Factset's news stories on latest US stats: "May IHS Markit Flash Manufacturing PMI down 2.0 m/m to 50.6 (est. 52.7), lowest since Sep-2009. New orders declined for first ...

The twenty-first night of September

BENJAMIN ONG  |  MONDAY, 12 SEP 2016
... economy to overheat that, in turn, would require faster and greater interest rate adjustments. Looking at the latest US stats - mainly mixed -- many will agree with Rosengren's viewpoint but an equal number would also differ. But the final arbiter might ...

Tit-for-tats and all that jazz

BENJAMIN ONG  |  WEDNESDAY, 6 AUG 2014
... bond market reacted (or in this case, didn't react much) to that which was listed as another concern this morning - good US stats. US factory orders rose by a higher-than-expected 1.1% in June after a 0.6% decline in May.... and more good US stats. The ...

Blame it on the boogie

BENJAMIN ONG  |  FRIDAY, 14 FEB 2014
... policy. While rationally rationale, there remains a nagging question at the back of my balding head, how much of the recent US stats' weakness were due to the weather and how much were the consequences of Fed taper. We just have to wait till the US Northern ...

Mmm bargains, hmm

BENJAMIN ONG  |  WEDNESDAY, 5 FEB 2014
... in the previous day's disappointing ISM manufacturing index report. Having said that, it remains uncertain whether the US stats we looked at over the past few weeks and will be looking at for some more weeks are good or bad because of the distortion ...

Another 10 bil to go

BENJAMIN ONG  |  WEDNESDAY, 29 JAN 2014
... Street... The Dow and the S&P 500 index gained 0.6% last night and the Nasdaq by 0.4%....and the bright and beautiful US stats... US consumer confidence jumped to its highest level in five months in January.A The S&P/Case Shiller home price index increased ...

Reflation, rotation and the taper

BENJAMIN ONG  |  FRIDAY, 13 DEC 2013
... the S&P 500 index to fresh highs. However, the equity market's bull run and the continued flow of better -than-expected US stats (underscored by the drop in the unemployment rate to 7.0% in November) have renewed taper talks as soon as when the Fed meets ...

Trick or treat?

BENJAMIN ONG  |  FRIDAY, 1 NOV 2013
... that it depends on whether the economy is living up to its expectations". Merry Christmas Jon! The latest instalments to US stats indicate the economy is not "living up to its expectations". Quarterly increases to payrolls have trended lower over the ...

Out of sight, out of mind

BENJAMIN ONG  |  FRIDAY, 31 MAY 2013
... finally made the connection. That is disappointing economic data equals no Fed taper. Hip, hip. The equation. Disappointing US stats - Q1 real GDP growth revised lower to 2.4% from 2.5% (initial estimate) ; jobless claims increased by 10K last week ...
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