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Showing 1 - 10 of 25 results for "Ouch"

ASX market outage lasts all day

ELIZABETH MCARTHUR, KANIKA SOOD  |  MONDAY, 16 NOV 2020
... that started in August 2019 and had a go-live of today. The refresh project was for three interfaces the ASX Trade: ITCH, OUCH and OI. About $6 billion was traded on the ASX's cash market daily on an average in October, cross about 1.4 million trades. ...

Chief economist update: Greater than the Great Recession of 2008

BENJAMIN ONG  |  THURSDAY, 15 AUG 2019
... tariffs on US imports (as China is doing now). US imports decreased by 66% between 1929 and 1933 and its exports plunged 61%. Ouch! We all know what happened thereafter -- the depression deepened. The US unemployment rate jumped from 7.8% in 1930 to ...

Chief economist update: Rate hike hawks in RBA dove's shadow

BENJAMIN ONG  |  TUESDAY, 26 JUN 2018
... warrant it. It's just getting rates back to something more normal." Did you get that? "now is the time to raise rates"! Ouch! That hurt...my pride. This is because I have been arguing for a rate cut - the last one published on June 6. My basic premise ...

Chief economist update: Lessons from the last world trade war

BENJAMIN ONG  |  MONDAY, 25 JUN 2018
... countries imposed retaliatory tariffs on US imports. US imports dropped by 66% between 1929 and 1933 and its exports plunged 61%. Ouch! We all know what happened thereafter - the 1930s depression deepened. The US unemployment rate jumped from 7.8% in ...

Chief economist update: Trump spoils for war

BENJAMIN ONG  |  FRIDAY, 2 MAR 2018
... neighbours, America also beggared itself. US imports dropped by 66% between 1929 and 1933 and its exports plunged by 61%. Ouch! We all know what happened thereafter - the depression deepened. The US unemployment rate jumped from 7.8% in 1930 to 25.1% ...

The Trump risk on global trade

BENJAMIN ONG  |  FRIDAY, 14 JUL 2017
... imposed retaliatory tariffs on US imports. US imports decreased by 66% between 1929 and 1933 and its exports plunged 61%. Ouch! We all know what happened thereafter - the depression deepened. The US unemployment rate jumped from 7.8% in 1930 to 25.1% ...

Trump protectionism protects not the emerging markets

BENJAMIN ONG  |  MONDAY, 28 NOV 2016
... to mention the flow-on effect of higher US interest rates into the world market. The dearer greenback would also provide ouch number two. That is, emerging markets' depreciated currencies would stoke inflation in their respective economies. So far, most ...

A-dollar zero point six six

BENJAMIN ONG  |  TUESDAY, 25 FEB 2014
... on 27 July 2011 and then -- except for Australians travelling overseas and domestic importers and cybershoppers - it was ouch time. Just as I argued back in 2010 that, "a rising currency is the cure for a rising currency", so it is with a falling one. ...

Irish luck unlocked

BENJAMIN ONG  |  MONDAY, 20 JAN 2014

QE paradox in reverse

BENJAMIN ONG  |  FRIDAY, 22 FEB 2013
Ouch! No, that's not the sound of the equity markets hurting from the sell-off of yesterday. It's yours and truly, kicking myself on the backside for not correctly pinpointing the catalyst to the correction that I've been warning about in recent days. ...
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