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Showing 11 - 20 of 28 results for "OMT"

Fear is here

BENJAMIN ONG  |  TUESDAY, 26 FEB 2013
Wall Street dropped big time overnight. Thank goodness for that. The S&P 500 index closed 1.8% lower last night. This is the biggest daily fall since the 2.4% drop registered on 7/11/2012 - the time when markets were neck-deep with worries. At the time ...

It's happening

BENJAMIN ONG  |  TUESDAY, 29 JAN 2013

QE3, OMT, APP equals D-U-D?

BENJAMIN ONG  |  FRIDAY, 26 OCT 2012

Treats not threats

BENJAMIN ONG  |  MONDAY, 15 OCT 2012
Huh? Halloween already? It certainly felt that way last week, didn't it? It was the week when the spooks went out a-haunting. The Asian Development Bank, the World Bank and the International Monetary Fund were out like a three-headed monster, singing ...

Time to buy the bad news

BENJAMIN ONG  |  TUESDAY, 9 OCT 2012
They just won't stop coming, do they? Yes them, the bad news. This time it came courtesy of the World Bank (WB). The WB went on a chopping spree - slashing its growth outlook for the Asia and the Pacific region to 7.2% this year and 7.6% in 2013 - down ...

Failure is not an option

BENJAMIN ONG  |  FRIDAY, 5 OCT 2012
It's been a month -- or thereabouts -- since the European Central Bank -- followed by the US Federal Reserve followed by the Bank of Japan -- gave financial markets what they wished, prayed and hoped for and fired the first salvo of quantitative easing. ...

Spanish fly

BENJAMIN ONG  |  WEDNESDAY, 3 OCT 2012
Just when we thought we're done and over with playing the "would they, would they not" guessing came, another one comes along. We played the game last month. Those we bet on to do did. The European Central Bank announced Outright Monetary Transactions. ...

Spanish austerity and Chinese take-away

BENJAMIN ONG  |  FRIDAY, 28 SEP 2012
Ole, ole, ole! Spain's request for bailout is in the mail. This is the message that prompted a turnaround in equity markets in America and Europe overnight following the Spanish government's announcement of its 2013 budget that aims to cut the deficit ...

The pain in Spain does not fall mainly on the plain

BENJAMIN ONG  |  THURSDAY, 27 SEP 2012
Take one central banker's lack of faith at the recent action of the institution he serves, add rumours that a region threatens to secede from a country in a region that's desperately trying to stay as one, and what do we get? We get a problem Houston. ...

Waiting to digest

BENJAMIN ONG  |  FRIDAY, 21 SEP 2012
With three of the world's biggest central banks - The Fed, the ECB and the BOJ - flooding the world with money, financial markets are still digesting what this all means. The "will they, won't they" do a QE question had been answered. They did. Now ...