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Showing 1 - 10 of 56 results for "Super Mario"

Chief economist update: Europa rides the bull once again

BENJAMIN ONG  |  FRIDAY, 9 APR 2021
Just like the myth of Europa, Eurozone equities are riding on the back of a bull. Eurozone equities soared to their highest levels in 13 years. The VStoxx index - the Eurozone's fear gauge dropped to 13-month lows. Lucky 13. The Euro Stoxx-50 index ...

Chief economist update: Eurozone negative rates a failure?

BENJAMIN ONG  |  TUESDAY, 10 DEC 2019
... rates and quantitative easing - and all his policy measures in-between - had been successful. I didn't dub him Super Mario for nothing (yes, I was the first to call him that!). Eurozone GDP growth started to improve from the recession borne of Grexit ...

Chief economist update: The greatest central banker of modern times

BENJAMIN ONG  |  TUESDAY, 1 OCT 2019
... longer-term refinancing operations (TLTRO III), and (v) the introduction of a two-tier system for reserve remuneration." But Super Mario is getting antsy, as Factset reports: " Financial Times cited comments from outgoing ECB President Draghi... Stressed ...

Chief economist update: Whatever it takes, however long it takes

BENJAMIN ONG  |  FRIDAY, 13 SEP 2019
... already said its piece several days before the European Central Bank's (ECB) September 12 meeting, concluding that: "Super Mario would want to go out with a bang (his last month in office) and do "whatever it takes" to mitigate the growing risks ...

Chief economist update: Super Mario's last hurrah

BENJAMIN ONG  |  TUESDAY, 3 SEP 2019
... smooth transmission of monetary policy" - hasn't had time yet to filter through to economic activity. However, Super Mario would want to go out with a bang (his last month in office) and do "whatever it takes" to mitigate the growing risks to growth ...

Chief economist update: ECB digs deeper

BENJAMIN ONG  |  FRIDAY, 5 APR 2019
Super Mario's back to doing whatever it takes. When European Central Bank (ECB) president Mario Draghi spoke at 'The ECB and Its Watchers XX' conference in Frankfurt on March 27, he concluded his speech emphasising that, "... the ECB will ...

Chief economist update: Super Mario keeps his cool

BENJAMIN ONG  |  FRIDAY, 26 OCT 2018
The European Central Bank's (ECB) October 25 Governing Council meeting concluded with a decision that markets widely expected. The ECB left interest rates unchanged - the benchmark refinancing rate at 0%, the marginal lending facility rate at 0.25% ...

Australian end of financial year sale

BENJAMIN ONG  |  FRIDAY, 30 JUN 2017
... they're still lower than the 2.44% rate at the start of 2017 and the high of 2.63% recorded in March. Then there was Super Mario of the ECB whose comment that, "deflationary forces have been replaced by reflationary ones", were interpreted at hinting ...

The CPI report that confirms all biases

BENJAMIN ONG  |  THURSDAY, 27 APR 2017
... the headline inflation and the weighted median rates were below market expectations. Here, let me add ECB president Super Mario's prescient statement in March that rising headline inflation mainly reflected "strong increase in annual energy and unprocessed ...

The prescience of Super Mario

BENJAMIN ONG  |  THURSDAY, 20 APR 2017
Rising momentum in the Eurozone economy have triggered speculations that the European Central Bank (ECB) would not only taper its QE programme soon but also lift interest rates by the first quarter of 2018. The problem with this is that stronger economic ...
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