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Showing 91 - 100 of 1254 results for %22Eurozone%22

Chief economist update: A US dollar story

BENJAMIN ONG  |  TUESDAY, 22 MAY 2018
... on but the US dollar weakened. This is because the strengthening economic momentum in America's counterparts - the Eurozone, Japan, in particular - has sparked speculations of policy exits in their respective central banks. Perhaps, this time is ...

Chief economist update: Prudence, patience and persistence

BENJAMIN ONG  |  FRIDAY, 27 APR 2018
... Governing Council meeting produced unchanged monetary policy settings yet again, marking the 26th month of inaction. The eurozone's interest rates haven't changed - repo rate at 0.0%; deposit facility at -0.40% and marginal lending facility at 0.25% ...

Chief economist update: The euro's doing Trump's work in the Eurozone

BENJAMIN ONG  |  TUESDAY, 27 MAR 2018
... 13.8% gain in 2017. Never mind Trump, this alone calls for a currency war for as the latest HIS Markit Economics flash Eurozone PMI shows, "Eurozone expansion slows to weakest since start of 2017" - down to 55.3 in March from 57.1 in February. The strong ...

Chief economist update: The risks just got real

BENJAMIN ONG  |  MONDAY, 5 MAR 2018
An influx of economic data and surveys are set for release this week. The central banks of Australia, Canada, the Eurozone and Japan are also scheduled to meet. Don't bother with any of them. Whatever the indicators indicate and the central banks decide ...

Chief economist update: Three minutes

BENJAMIN ONG  |  MONDAY, 26 FEB 2018
... be gradual and "data dependent - i.e. inflation continuing to improve towards the ECB's medium-term outlook. While the Eurozone's growth momentum is clearly strengthening, the euro's appreciation could limit/reverse the slow progress the ECB has achieved ...

Chief economist update: Euro's uptrend is a downtrend risk

BENJAMIN ONG  |  FRIDAY, 2 FEB 2018
... estimate took the expansion up to 2.5% -- the fastest growth rate since the 3.4% rate recorded in exactly one decade. The Eurozone ended 2017 with a big bang. The latest Markit Economics manufacturing PMI survey shows that it's starting 2018 with a bigger ...

Chief economist update: Red light on greenback

BENJAMIN ONG  |  THURSDAY, 25 JAN 2018
... to reduce their allocations to the US and into other economies; shifting monetary policy expectations in Japan and the Eurozone (although still denied by officials) as against the Fed's telegraphed gradual and gentle policy tightening; concerns over ...

Chief economist update: ECB sees low rates for longer

BENJAMIN ONG  |  TUESDAY, 16 JAN 2018
... euro exchange rate and the Euro Stoxx-50 index since the middle of last year underscores investors' optimism for the Eurozone economy. The Euro Stoxx-50 index returned 6.5% in 2017 and has risen by 3.1% in the first two weeks of January 2018. This also ...

Chief economist update: Bond sell bomb shell

BENJAMIN ONG  |  THURSDAY, 11 JAN 2018
... estimates the US economy advancing from 2.3% last year to 2.5% in 2018 before slowing to 2.2% in 2019 and 2% in 2020; the Eurozone from 2.4% in 2017 to 2.1% this year to 1.7% in 2019 and 1.5% in 2020; and Japan from 1.7% to 1.3% to 0.8% to 0.5%, respectively. ...

Happier New Year

BENJAMIN ONG  |  MONDAY, 8 JAN 2018
... highest level in a decade (+1.0%); the Nikkei-225 to its best in more than a quarter of a century (+4.2%). While the Eurozone's major equity market benchmark - the Stoxx 50 index - only managed to climb to a three-week high it's 3.0% return over the ...