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Showing 231 - 240 of 513 results for "Escala"

Chief economist update: ECB exit proves premature

BENJAMIN ONG  |  FRIDAY, 31 MAY 2019
If there's anything that's 100% certain, it is that the European Central Bank (ECB) will keep current interest rate settings unchanged - repo at 0.00%; marginal lending facility at 0.25%; deposit facility at -0.40%. Although, given the mounting ...

Chief economist update: It'll hurt me more than it hurts you

BENJAMIN ONG  |  FRIDAY, 24 MAY 2019
If very, very recent history is any guide, US President Donald Trump would soon be tempering his trade war tweets versus China. Trump did so early this year - prompting financial markets and economic and business agents to expect that a trade deal is ...

Chief economist update: Like Britney Spears, Financial Standard's done it again

BENJAMIN ONG  |  THURSDAY, 23 MAY 2019
"Chief economist update: Cash rate should be 1%"! This was my piece published on 7 March 2019, based on the 'Taylor Rule' and plugging in Australia's growth and inflation parameters at the time. It took two months and a few days before Reserve ...

Chief economist update: Fairy tales can come true

BENJAMIN ONG  |  MONDAY, 20 MAY 2019
I believe in miracles Where you from You sexy thing, sexy thing you Australian Prime Minister Scott Morrison was delivered a miracle when the Liberal/National Coalition won the Australian Federal election - and look set to form a majority government ...

ASIC to strengthen complaints handling

ELIZABETH MCARTHUR  |  THURSDAY, 16 MAY 2019
ASIC has initiated public consultation on the creation of new standards for financial firms handling consumer and small business complaints. The regulator is proposing standards that will include mandatory data reporting and make firms' complaints handling ...

Chief economist update: The (trade) war is back on

BENJAMIN ONG  |  MONDAY, 13 MAY 2019
"If it weren't for the last minute, nothing would get done." - Rita Mae Brown. This famous quote might be true in general, but it certainly didn't apply to the 11th hour, last minute trade negotiations between the United States and China on ...

Chief economist update: Countdown to T-day

BENJAMIN ONG  |  FRIDAY, 10 MAY 2019
It's now 8pm in Washington. That's four hours until T-day (tariff Friday) - the time when US tariffs on about US$200 billion worth of Chinese goods are set to increase to 25% from 10%. Investors around the globe are holding their collective ...

Chief economist update: RBA refused to blink in May

BENJAMIN ONG  |  WEDNESDAY, 8 MAY 2019
Nothing. Nada. Zilch. Despite high expectations that it would leading up to its May Board meeting, the Reserve Bank of Australia (RBA) didn't only NOT cut the official cash rate - it kept it unchanged at a record low 1.5% - it also maintained its ...

Chief economist update: The tweet that reignited the trade war

BENJAMIN ONG  |  TUESDAY, 7 MAY 2019
Once again, US President Donald Trump proved to the entire planet that the only thing predictable about him is his unpredictability. With just two tweets, POTUS reignited hostilities (and perhaps an escalation) of the US-China trade war, spooking financial ...

Chief economist update: EUr next

BENJAMIN ONG  |  WEDNESDAY, 10 APR 2019
Just when we're just a handshake away from a Sino-US trade deal, another war on trade this way comes. US President Donald Trump must be wringing his hands at how he succeeded in making China kowtow - er, compromise - to his demands. Trump's ...