Philip Chua Business Blog

Posts Tagged ‘increase’

Orders to factories for big-ticket durable goods likely posted an increase in January, helped by a rebound in demand for commercial aircraft.







Aircraft – Business – Aviation – Aerospace and Defense – Aeronautical

The week in currency trading opened with markets poised for fresh risk appetite. With China back from vacation, the PBoC reiterated its pledge to maintain moderately loose monetary policy and proactive fiscal policy to support growth in an attempt to shape expectations following the reserve ratio increase just before the…

The dollar remains on a firm footing. In spite of attempts by US central bank chairman Ben Bernanke and his colleagues to dampen rate hike expectations triggered by last week’s increase in the discount rate by repeatedly stating that interest rates would remain “at exceptionally low levels for an extended…

The Federal Reserve 25 basis point discount rate increase on Thursday to 0.75% was not a market moving event. The first Fed hike in either the discount rate or the more important fed funds rate in almost two and a half years will have little direct economic impact. It had…

MANUFACTURING output increased by 14.4 per cent last month on a year-on-year (y-o-y) basis.

And excluding the volatile biomedical manufacturing cluster, output increased by 23.9 per cent.

The electronics cluster saw the biggest jump with a 57.3 per cent increase in output last month (y-o-y).
The Singapore Economic Development Board (EDB) attributed this to higher demand, coupled with the low b… more

Consumer confidence rose past expectations in January, the third straight monthly increase as Americans begin to feel better about the job picture, according to a report released Tuesday.









United States – Consumer Confidence Index – Business – Home – Consumer Information

Leading indicators went up sharply by 0.9% mom in November – the eighth consecutive increase. We expect leading indicators to have risen markedly again in December, by about 0.7% mom. The steeper yield curve will have been the main contributor to the rise, followed by the drop in jobless claims….

December’s employment report was somewhat of a disappointment. Many were expecting a small increase in employment to be reported for December, even though the consensus was calling for a small decline. Our own forecast called for a larger than consensus drop and we had repeatedly noted that the optimism so…

(SINGAPORE) Food prices have risen consistently over the past few months. And given erratic climatic conditions, they could become even more of a concern going forward.

The Consumer Price Index (CPI) rose 0.4 per cent in November from October. The increase was attributed mainly to the higher cost of housing, recreation and other items, and food.

As a result of dearer vegetables, fruits and ric… more

Oil prices crawled up to near $71 a barrel Friday as a forecast of an increase in oil demand next year added to the effects of a weaker dollar.