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Showing 171 - 180 of 655 results for "ECB"

Lesson in expectations management

BENJAMIN ONG  |  FRIDAY, 18 DEC 2015
... cannot help but be amazed at how deftly Fed Chair Janet Yellen pulled lift-off off - more so, if viewed in contrast with the ECB President Mario Draghi's disastrous handling of his own "policy announcement" on 3 December. The Fed's decision to take the ...

Lift then back to zero (even negative)?

BENJAMIN ONG  |  TUESDAY, 15 DEC 2015
... respondents failed to account for was the reflationary measures currently being implemented by the European Central Bank (ECB), the Bank of Japan (BOJ), the People's Bank of China (PBOC) and many other central banks. These measures would have to lift ...

Did ECB under-deliver or markets over-expect?

BENJAMIN ONG  |  FRIDAY, 4 DEC 2015
Financial markets have been eagerly awaiting (and rubbing their palms at the same time) this meeting - the 3 December ECB Governing Council meeting - ever since the ECB President promised at his 22 October press conference in Malta that, "The degree ...

Fairy tales may come true

BENJAMIN ONG  |  THURSDAY, 3 DEC 2015
... six times since November last year and is expected to do some more? But let's not stop at China, there's Europe -- where the ECB is expected to throw whatever else it could find in its kitchen after having already thrown the sink - and Japan - where ...

Swiss franc surprise

BENJAMIN ONG  |  MONDAY, 30 NOV 2015
... could follow up its recent verbal interventions with actual ones ahead of the near certainty that the European Central Bank (ECB) would boost its stimulus programme come 3 December. Could it be? Could it be that the SNB would be forced to reverse in ...

December moves

BENJAMIN ONG  |  FRIDAY, 27 NOV 2015
... out, come back and see what the data says." It's as certain as sure that by this time next week, the European Central Bank (ECB) would have announced increased policy accommodation - they're only now debating what form it'll take. Financial markets expect ...

Chill

BENJAMIN ONG  |  THURSDAY, 26 NOV 2015
... deflation. Even the headline CPI inflation is up 1.5% despite the sharp drop in energy prices - you know, the one the BOJ, the ECB and the BOE blame for the "transitory" drop in their own consumer price inflation measures. Australian inflation isn't ...

Road of no return

BENJAMIN ONG  |  WEDNESDAY, 25 NOV 2015
... stopped... and then "Operation Twist" and then QE3. And wouldn't this create greater uncertainty? The European Central Bank (ECB) tried this before - it raised the repo rate from 1.0% to 1.25% in April 2011 and then to 1.5% by July of the same year. ...

Not this year

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2015
... least until 2015 turns into 2016. While financial markets have stabilised, last week's policy surprise announcements from the ECB and the PBOC - a potential BOJ surprise this coming Friday would no longer be surprise - provide a just-in-time reminder ...

Hotel California

BENJAMIN ONG  |  TUESDAY, 27 OCT 2015
... Stoxx 50 - after their strong gains of the past week because, wait for it......because investors suddenly realised that the ECB and the PBOC's early Christmas gift-giving underlined the growing risks to the global growth outlook. Duh! Did anybody think ...