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Economics

Make it December (for now)

BENJAMIN ONG  |  MONDAY, 3 AUG 2015
Just as RBA Gov Glenn wondered whether Australia's trend growth is now lower than 3% -- 3.5%, maybe America's NAIRU (non-accelerating inflation rate of unemployment) has also gone down from the estimated 5.0%.

Market to open lower

AAP  |  MONDAY, 3 AUG 2015
The Australian market looks set to open lower after falls on Wall Street where weakness in petroleum-linked equities weighed on stocks following poor earnings from ExxonMobil and Chevron and a drop in oil prices

Watching out for the Hole

BENJAMIN ONG  |  FRIDAY, 31 JUL 2015
Both remains below the 2.0% Fed target. So is the market-based measure of inflation expectations - the yield differential between the nominal 10-year US Treasury bond and the 10-year US Treasury Inflation Protected Securities (TIPS). The differential ...

Market to open higher

AAP  |  FRIDAY, 31 JUL 2015
The Australian market looks set to open higher, despite a mixed lead from Wall Street where the Dow was dragged lower on a disappointing Procter & Gamble earnings report.

Reading too much out of nothing at all

BENJAMIN ONG  |  THURSDAY, 30 JUL 2015
For the life of me, I really couldn't find anything fresh in the Fed statement... except for a few tweaks, here... and there. Aha! But it's the tweaks in semantics that people are talkin' 'bout.

Market to open higher

AAP  |  THURSDAY, 30 JUL 2015
The Australian share market is set to open higher after another positive session on Wall Street.

Market to open higher

AAP  |  WEDNESDAY, 29 JUL 2015
The Australian market looks set to open higher after Wall Street snapped a five-day losing streak and European stocks were boosted by bargain-hunting after recent China-inspired losses.

Chinese whispers

BENJAMIN ONG  |  TUESDAY, 28 JUL 2015
"But the line in the sand meant to provide comfort to investors is being interpreted not as the floor for the index but the ceiling. After all, the converse of buying if the index is below 4,500 points is selling (or at least not buying) once the index ...

Market to open lower

AAP  |  TUESDAY, 28 JUL 2015
The Australian market looks set to open lower following sell-offs on international markets after Chinese stocks fell more than eight per cent, sparking concern about global economic growth.

RBNZ tries to turn the turn in NZ economy

BENJAMIN ONG  |  MONDAY, 27 JUL 2015
There were a host of other rationales, explanations and presumptions for the whys and the wherefores of the kiwi's rise against the aussie and its eventual - for sure - break above parity.