Orders to manufacturers unexpectedly dropped [bag]
It reports on Nov. 4 and is expected to post annual cash earnings, which exclude one-off and non-cash items, of A$7.1 billion, up 7.6 percent on the year before, according to an average of estimates from three analysts polled by Reuters.ANZ reports on Oct. 29 and is projected to book a 9.8 percent rise in full-year cash earnings of A$6.4 billion. NAB is expected to post a 6.8 percent rise in annual cash earnings to A$5.8 billion on Oct. 31.Commonwealth Bank,Fashion Dresses the nation's biggest lender by market value, is expected to report first-quarter cash profit on Nov. 6 of around A$2.15 billion, up from A$1.85 billion from a year earlier, Morningstar analyst David Ellis has projected.
Orders to manufacturers unexpectedly dropped in September and households were more glum in October for a third consecutive month, showing the U.S. economy was taking a step back heading into the fiscal gridlock that partially shut down the federal government.Bookings for non-military capital goods excluding aircraft, which reflect demand for productivity-enhancing equipment like machinery and electrical gear, decreased 1.1 percent last month,Fashion Dresses the second drop in three months, the Commerce Department reported today in Washington. Other data showed consumer sentiment sank to a 10-month low. "Like consumers and households, we're seeing the same kind of erosion of confidence in the business community," said Millan Mulraine,Fashion Dresses director of U.S. rates research at TD Securities USA LLC in New York, the second-best capital goods forecaster over the past two years, according to data compiled by Bloomberg.
"Political uncertainty has reduced the incentive on the part of U.S. businesses to engage in meaningful capital expenditures."A rebound in manufacturing, which accounts for about 12 percent of the economy, will depend on how quickly confidence is restored as lawmakers turn to meeting new budget deadlines in early 2014. Disappointing gains in employment and the prospect of a protracted political battle raises the risk that consumer spending will cool heading into the holiday-shopping season. Financial authorities have sought to quash such talk,Fashion Dresses with the central bank calling it "unrealistically alarmist". But the fears themselves are real and the banks' earnings over the next two weeks will be scrutinised for any hints as to the health of the mortgage market.
This is my favorite article:The assembly robots maintain
Orders to manufacturers unexpectedly dropped in September and households were more glum in October for a third consecutive month, showing the U.S. economy was taking a step back heading into the fiscal gridlock that partially shut down the federal government.Bookings for non-military capital goods excluding aircraft, which reflect demand for productivity-enhancing equipment like machinery and electrical gear, decreased 1.1 percent last month,Fashion Dresses the second drop in three months, the Commerce Department reported today in Washington. Other data showed consumer sentiment sank to a 10-month low. "Like consumers and households, we're seeing the same kind of erosion of confidence in the business community," said Millan Mulraine,Fashion Dresses director of U.S. rates research at TD Securities USA LLC in New York, the second-best capital goods forecaster over the past two years, according to data compiled by Bloomberg.
"Political uncertainty has reduced the incentive on the part of U.S. businesses to engage in meaningful capital expenditures."A rebound in manufacturing, which accounts for about 12 percent of the economy, will depend on how quickly confidence is restored as lawmakers turn to meeting new budget deadlines in early 2014. Disappointing gains in employment and the prospect of a protracted political battle raises the risk that consumer spending will cool heading into the holiday-shopping season. Financial authorities have sought to quash such talk,Fashion Dresses with the central bank calling it "unrealistically alarmist". But the fears themselves are real and the banks' earnings over the next two weeks will be scrutinised for any hints as to the health of the mortgage market.
This is my favorite article:The assembly robots maintain
2013-10-29 11:42
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