Philip Chua Business Blog

Posts Tagged ‘consumer confidence’

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

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…

Oil prices fell near $76 a barrel Tuesday with new data showing a slow U.S. economic recovery and consumer confidence that remains lukewarm at best.

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 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

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

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

Consumer confidence in the economy fell in September as worries about job security offset any enthusiasm about the rally in the stock market.

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…

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