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Showing 161 - 170 of 326 results for "PAUS"

Chief economist update: Woe to the world

BENJAMIN ONG  |  MONDAY, 25 MAR 2019
You've been warned. It was only exactly one week ago when I discussed the VIX and MOVE indices - the fear gauge for the stock and bond markets, respectively - and how they've been sharply coming down since the Fed announced its pause very in ...

Chief economist update: The AUD's resilience

BENJAMIN ONG  |  TUESDAY, 19 MAR 2019
The Reserve Bank of Australia (RBA) will release the minutes of its March 5 board meeting - when it decided to keep interest rates unchanged at a record low 1.5% - today. I imagine that the men and women of the RBA board would have discussed the slowing ...

Chief economist update: Be fearful when indicators show no fear

BENJAMIN ONG  |  MONDAY, 18 MAR 2019
Uh-OMG-oh! Long-time and loyal readers would have probably noticed my change in tune over the past few weeks - from a mini-me Dr. Doom to a prophet of boom - based on the rationale that the world's major central banks have toned down and/or reversed ...

Chief economist update: Prepare for lift-off

BENJAMIN ONG  |  MONDAY, 11 MAR 2019
It may have "started with a kiss" for British soul band "Hot Chocolate", but several years from now, when we look back at what I foresee as the re-starting of the engines of global growth, we'll all know that this started with the Powell pause. ...

Chief economist update: European Central Bank policy U-turn

BENJAMIN ONG  |  FRIDAY, 8 MAR 2019
"The fact that the climate has become more uncertain doesn't mean one has to stay put - you do what you think is right... In a dark room you move with tiny steps. You don't run, but you do move, said European Central Bank (ECB) president Mario ...

Chief economist update: Cut it, cut it now

BENJAMIN ONG  |  THURSDAY, 21 FEB 2019
What's the time Mr Wolf? It's time to go Philip! It's time for RBA governor Philip Lowe to go and cut interest rates. Perhaps impatience may have gotten the better of me for it's only been two weeks since the Australian central bank ...

Chief economist update: BOJ exit last year, BOJ easing this year

BENJAMIN ONG  |  WEDNESDAY, 20 FEB 2019
Japanese officials and investors must be wiping the sweats from their foreheads after the Cabinet Office released its latest National Accounts report and showed the country dodged a recession. Japanese GDP grew 0.3% in the December 2018 quarter following ...

Chief economist update: Where sentiment goes, there too is spending

BENJAMIN ONG  |  MONDAY, 18 FEB 2019
The University of Michigan's latest update on consumer confidence indicates that there's hope still for household spending. Recall the reported big drop in US retail spending (down 1.2% in the month of December) that I penned is consistent with ...

Chief economist update: Is the US about to join the global slowdown club?

BENJAMIN ONG  |  FRIDAY, 15 FEB 2019
US consumers aren't shopping till they drop. They dropped spending. The US Census Bureau's latest update on retail spending - which constitutes the bulk of household spending that, in turn, accounts for about 70% of the US economy - showed that ...

Chief economist update: Unchanged RBNZ stance would force it to change stance

BENJAMIN ONG  |  THURSDAY, 14 FEB 2019
"Despite the weaker global impetus, we expect low interest rates and government spending to support a pick-up in New Zealand's GDP growth over 2019. Low interest rates, and continued employment growth, should support household spending and business ...