Posts Tagged ‘consumer confidence’
Stocks down as consumer confidence rises
The stock market rebounded from an early slide Tuesday as stronger consumer confidence boosted hopes for the economy.
Stock – Business – Investing – Stocks and Bonds – Equities
US Economic Indicators Preview
Non-farm payrolls declined by a mere 11k in November – the best result since December 2007. The deterioration in the labour market is abating, but given the negative assessment of labour market conditions in the latest consumer confidence survey, non-farm payrolls could nevertheless have fallen again by about 10k in…
Stocks fall after mixed economic data
A lackluster report on consumer confidence added to the market’s uneasiness about the economy.
Stock – Investing – Business – Commodities and Futures – Stocks and Bonds
Consumer confidence here rises 9 pts
CONSUMER confidence has rallied here, as key Asian markets continue leading the world out of recession.
A new survey found confidence rose nine points from April to November, matching the global average, as better job prospects and healthier savings gave people heart. However, Singapore consumers, like those across the world, are still nervous about economic prospects, the Nielsen Global Consumer … more
Credit card cheer
CONSUMER confidence continues to rally in the run-up to Christmas, with figures out yesterday showing that credit card spending is up while payment delinquency rates are at record lows.
The latest numbers from the Credit Bureau Singapore (CBS) show that spending patterns have stayed steady despite the recession.
‘The increase in credit card spending is in line with the clear but modest recovery th… more
US confidence dip rattles Asian markets
MONTH-END ‘window dressing’ when fund managers beef up their portfolios to put on their best face for their clients turned out to be something of a disappointment yesterday.
Nerves had been set on edge after consumer confidence in the United States fell unexpectedly last month, overshadowing signs of a stabilisation in housing.
This undermined markets in Asia, including Singapore. The benchmark St… more
Weekly Economic and Financial Commentary
This past week’s reports on consumer confidence, durable goods orders and new home sales all came in well above expectations and point to a stronger snap back in economic activity during the third quarter. Revisions to second quarter GDP and the early read on consumer spending during the third quarter…
Asian bourses rebound on upbeat US data
POSITIVE data from the United States on consumer confidence and a rebound on the Shanghai market helped provide most Asian bourses with a welcome boost yesterday.
With few negative factors to shake investor confidence, bargain hunters were back in force to snap up blue chips whose prices had gone into reverse as a result of recent sell-offs.
Shanghai’s 1.78 per cent rise on the day was the key fac… more




