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Economics

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 30 SEP 2016
US GDP revised higher but corporate profits and pending home sales down; Eurozone sentiment improves as with UK consumer confidence; Japan household spending and inflation down.

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 29 SEP 2016
US durable goods orders flat; China consumer sentiment rebounds; Japan retail sales down.

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 28 SEP 2016
US consumer confidence beats expectations but Richmond Fed survey disappoints; Eurozone M3 money supply growth accelerates; Thailand's trade surplus expands.

Central banks still got their mojo

BENJAMIN ONG  |  MONDAY, 26 SEP 2016
That's how it was and had been since 2009, that's how it will be until growth and inflation is resuscitated beyond comatose or the "patient" dies.

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 23 SEP 2016
Leading index points to improved economic activity in Australia but slowing in the US while UK industrial trends survey shows the economy's continued resilience to Brexit uncertainty.

Christmas in September

BENJAMIN ONG  |  THURSDAY, 22 SEP 2016
Ho, ho, ho. Merry Christmas everybody, merry Christmas! The Bank of Japan (BOJ) and the US Federal Reserve (Fed) played jolly old saint Nicolas, decking the financial market halls with boughs of holly (fa la la ?) on the 21st of September.

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 21 SEP 2016
Australia property prices rebound while US housing starts fall. Japan's trade surplus turns into deficit.

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 20 SEP 2016
US and China housing markets up; Construction output in the Eurozone rises; Russian retail spending down.

Where's the Brexit-induced recession?

BENJAMIN ONG  |  MONDAY, 19 SEP 2016
Looking at post-Brexit stats, it appears that Brexit is instead having the same positive impact of the UK's escape from the ERM and the drawn out process is allowing markets to gently to the new world order of the EU without the UK.

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 16 SEP 2016
Australian unemployment rate falls to lowest level in three years; US retail sales disappoint; UK retail sales beat expectations; Japan industrial output falls.