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Showing 11 - 20 of 51 results for "President Trump"

Chief economist update: Plenty of oil

BENJAMIN ONG  |  WEDNESDAY, 18 SEP 2019
... in the Middle East. While Yemen's Houthi rebels claimed it was them, the US points its finger on Iran with president Trump tweeting the day after that the US is "locked and loaded depending on verification..." The slowing global economy certainly ...

Chief economist update: Whatever it takes, however long it takes

BENJAMIN ONG  |  FRIDAY, 13 SEP 2019
... not only "whatever it takes" but "however long it takes". If you want to know how long, it's as long as US President Trump admits that it's him (and his war on trade) not his neighbours that's generating this downdraft and counter-cyclical ...

Chief economist update: Tweeting Trump versus totalitarian Xi

BENJAMIN ONG  |  TUESDAY, 20 AUG 2019
... Jinping. Perhaps it's P-envy (I don't have to spell the word, my head will be summarily chopped off), but US President Trump admitted as much about a year and half ago and before he started his war on trade. In a closed-door remark at Trump's ...

Chief economist update: Fed cut and Trump's war

BENJAMIN ONG  |  MONDAY, 5 AUG 2019
The US Federal Reserve gave markets exactly what they were expecting - a 25 basis point reduction in the Fed funds rate at the conclusion of its July FOMC meeting - but instead of revving up the risk on trade, it was risk off. Equity markets fell. The ...

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  MONDAY, 27 MAY 2019
As if the world hasn't had enough of the overhanging pall engendered by lingering trade tensions, US President Trump is about to raise the stakes and expand the scope to currency manipulators. This I learned from The New York Times (NYT) on May ...

Chief economist update: Two indicators giving the Fed a headache

BENJAMIN ONG  |  TUESDAY, 9 APR 2019
It appears nothing is normal with the Fed's march toward normalising monetary policy. Not only has it stopped in its tracks, the White House wants it to go in reverse. Cue US President Trump's latest "advice" to the Fed: "In terms of quantitative ...

Chief economist update: Oil slick

BENJAMIN ONG  |  WEDNESDAY, 7 NOV 2018
... highest since December 2014. The black gold's price received another boost in the middle of this year after US President Trump re-imposed sanctions on Iran as well as threatening that the US would also sanction countries importing oil from Iran. ...

NAFTA's dead, welcome USMCA

BENJAMIN ONG  |  TUESDAY, 2 OCT 2018
... henceforth shall be called the US-Mexico-Canada Agreement (USMCA). The new agreement is expected to be signed by US president Trump, Canadian Prime Minister Justin Trudeau and Mexico's President Enrique Pena Nieto in 60 days before being sent to ...

OPEC is not to blame

BENJAMIN ONG  |  TUESDAY, 25 SEP 2018
Saudi Arabia and Russia weren't pleased with US President Trump when they announced no immediate increase in oil production following the OPEC and non-OPEC nations meeting in Algiers on September 23. The decision sent oil prices soaring - Brent ...

Chief economist update: Boom in the USA

BENJAMIN ONG  |  MONDAY, 30 JUL 2018
... overheating. At the same time, it could assert its independence from the Trump administration where not so long ago, US President Trump revealed his displeasure with Fed's rate hikes: "Because we go up and every time you go up they want to raise ...