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Showing 1 - 10 of 175 results for "inventories"

Quality is worth paying for in 2024: UBS

CHLOE WALKER  |  THURSDAY, 23 NOV 2023
... see a 9% earnings per share for S&P 500 companies next year after a flat outcome in 2023." It added that learning inventories, one-off base effects in healthcare, and earnings contributions from the technology sector and other quality companies should ...

Chief economist update: Easing restrictions narrow oil demand-supply equation

BENJAMIN ONG  |  MONDAY, 18 MAY 2020
... forward demand coverage. Preliminary data show that US crude stocks built by 53.7 mb in April (1.8 mb/d), and crude inventories in Europe and Japan also rose by 3.1 mb and 3 mb, respectively. In April, floating storage of crude oil increased by 9.9 mb ...

Chief economist update: Lower iron ore a boon to the Aussie budget

BENJAMIN ONG  |  THURSDAY, 14 NOV 2019
... half. Supply started to recover and Chinese demand for steel fell and steels mills are even reportedly reducing their inventories. Iron ore is currently trading at US$81.36/tonne. Whether it goes up, down or remains steady from here has a direct bearing ...

Chief economist update: The UK is not OK

BENJAMIN ONG  |  MONDAY, 12 AUG 2019
... investment which subtracted 4.0 percentage points off second quarter GDP after contributing 2.8 pps in the March quarter; inventories (-2.2 pps from +1.5 pps); and, net trade (+3.5 pps from -3.0 pps) However, note the sharp turnaround in net trade was ...

Chief economist update: Expect more of the same from the BOJ

BENJAMIN ONG  |  TUESDAY, 18 JUN 2019
... 0.1% in the March quarter from 0.3% in the last quarter of 2018. Not to mention the 0.1% contibution from private inventories in the March - unwanted stock build-up - that followed another 0.1% addition in the previous three-month period. Latest Japanese ...

Chief economist update: Oil market slides from bull to bear

BENJAMIN ONG  |  FRIDAY, 7 JUN 2019
... of South Africa's economy." The US Energy Information Administration's report showing that total petroleum inventories rose to 22 million barrels - the highest amount since 1990 - in the last week of May, and that oil production also hit a record ...

Chief economist update: Devilish details

BENJAMIN ONG  |  TUESDAY, 21 MAY 2019
... from 2.5%). The weakness in private demand implies that the positive (0.1 percentage point) contribution from private inventories to March quarter GDP growth is largely due to the build-up of unwanted stocks that would be unwound over the following quarter/s. ...

Chief economist update: Hoping for the best, preparing for the worst of Brexit

BENJAMIN ONG  |  THURSDAY, 4 APR 2019
... bears this out for the simple reason that, and as explained by Markit: "Companies stepped up production to build-up inventories in advance of Brexit and also meet rising inflows of new work (mainly reflecting stockpiling at clients)" with "the rate of ...

Chief economist update: Cash rate should be 1%

BENJAMIN ONG  |  THURSDAY, 7 MAR 2019
... to fourth quarter GDP growth: government consumption (0.3 percentage points); household consumption (0.2 pps) and, inventories (0.2 pps). But government consumption could not continue to provide such strong contribution going forward without negatively ...

Chief economist update: US economic growth is slowing and accelerating

BENJAMIN ONG  |  FRIDAY, 1 MAR 2019
... from government spending and investment to fourth quarter GDP growth (0.07 pps from 0.44 pps in Q3) and in private inventories (0.13 pps a whopping 2.33 pps) - one, that's sure to rebound in the following quarter given the lingering strength in household ...
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