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Economics

Returning Fed hike expectations could be flattened by yield curve

BENJAMIN ONG  |  MONDAY, 11 JUL 2016
Fed-funds futures now indicates a 24% likelihood of a rate increase by December from 19% prior to the release of the employment report.

So what if Australia loses its 'AAA'?

BENJAMIN ONG  |  FRIDAY, 8 JUL 2016
"'AAA' - Extremely strong capacity to meet financial commitments. Highest Rating. 'AA' - Very strong capacity to meet financial commitments."

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 7 JUL 2016
AiG surveys show Australian manufacturing, services and construction sectors all in expansion; US service sector improves but trade worsens. PBOC weakens yuan (again).

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 6 JUL 2016
RBA keeps policy unchanged but BOE starts easing. Final Eurozone PMI reading steady but this was before Brexit.

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 5 JUL 2016
Strong Australian data -- building approvals, job ads and services PMI -- timely in light of Brexit and federal election uncertainties but UK construction activity have already succumbed to Brexit.

Australian elections just gave uncertainty a top up

BENJAMIN ONG  |  MONDAY, 4 JUL 2016
That may be but it creates more uncertainties for the domestic economy that is already reeling from uncertain developments in the global one. Uncertainties that would hit consumer and business confidence and undermine what was Australia's improving economic ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 1 JUL 2016
Australia's private sector credit up; Retail spending and industrial output improves in South Korea but weakens in Japan; UK GDP grow by 2.0% but that was before Brexit.

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 30 JUN 2016
Sales of new homes in Australia fall; US personal income and outlays slow; Eurozone confidence falls.

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 29 JUN 2016
US Q1 GDP revised higher and consumer confidence soars but retail spending in Japan continues to weaken.

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 28 JUN 2016
The latest words on Brexit from those directly involved.