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Showing 191 - 200 of 513 results for "Escala"

2020: Year of the fragile economy

ALLY SELBY  |  THURSDAY, 9 JAN 2020
The global economy is toeing a fine line between economic growth and recession, with a number of threats poised to disrupt the already tepid global rally. That's according to the latest report from the World Bank on the global economic outlook for 2020 ...

Chief economist update: The rise and fall of oil

BENJAMIN ONG  |  THURSDAY, 9 JAN 2020
Crude oil prices rose in the early months of the New Year on the escalation of tensions between the US and Iran after an American drone strike in Iraq on January 3 that killed Qassem Soleimani -- the head of Iran's elite Quds military force. The ...

China's growth to slow: PIMCO

ELIZA BAVIN  |  WEDNESDAY, 8 JAN 2020
PIMCO is forecasting a slowdown in China's GDP growth in 2020 as tensions between the Asian nation and the United States continue into the New Year. The company's global economic advisor, Joachim Fels, and chief investment officer global fixed income ...

Gold lifts as US, Iran tensions escalate

ALLY SELBY  |  TUESDAY, 7 JAN 2020
Fears of escalating tensions between the US and Iran have sent gold skyrocketing to an almost seven-year high, with investors turning to bullion, mining shares and gold-backed ETFs to safeguard their wealth. Fuel was added to gold's fire after US ...

Rising tensions to weigh on markets: Moody's

ELIZA BAVIN  |  MONDAY, 6 JAN 2020
While tensions between the United States and Iran are not a new development the significant escalation following a US drone strike in Iraq, which killed Iranian Major General Qassem Suleimani, has caused concerns over the effect on global markets. Moody's ...

Chief economist update: Oil's well that ends 2019 well

BENJAMIN ONG  |  WEDNESDAY, 18 DEC 2019
It may not seem like it, but crude oil prices appear on track to finish 2019 around 30% higher. This year to date, WTI oil has risen by 33.4% to US$60.21 per barrel while the price of Brent oil has rallied by 29.2%. To be sure, new production cuts that ...

Chief economist update: War is over

BENJAMIN ONG  |  TUESDAY, 17 DEC 2019
"And so happy Christmas (War is over) For black and for white (If you want it) For yellow and red ones (War is over)..." - John Lennon Well, the trade war's not completely over, but the financial markets' rally on news that a phase one deal ...

Chief economist update: Three cheers for Christmas

BENJAMIN ONG  |  MONDAY, 16 DEC 2019
"Christmas, Christmas time is near, Time for toys and time for cheer..." - Alvin & the Chipmunks I can almost hear those little chipmunk voices singing this Christmas song as I browsed through last week's news of good tidings... and they came in ...

Chief economist update: It's Christmas time in the city

BENJAMIN ONG  |  MONDAY, 9 DEC 2019
"Oh the weather outside is frightful..." While a "phase one" deal between the US and China appears to be close (again), it's still prudent not to write-off the possibility of a re-escalation in the tariff wars given Trump's recent targeting ...

Chief economist update: The Grinch steals Christmas

BENJAMIN ONG  |  WEDNESDAY, 4 DEC 2019
The Reserve Bank of Australia (RBA) disappointed no one when it kept the official cash rate unchanged at a record low 0.75% after the conclusion of its December 3 meeting. This is perfectly rational: Monetary policy operates with a lag - it takes about ...