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Showing 11 - 20 of 58 results for "Reuters report"

Chief economist update: Germany in the budget's shadow

BENJAMIN ONG  |  TUESDAY, 10 SEP 2019
The Global Financial Crisis of 2008 gave birth to "non-conventional monetary policy" - where many developed country central banks lowered interest rates to zero/negative and/or engaged in quantitative easing. While these prevented the "Great Recession" ...

Chief economist update: Global easing

BENJAMIN ONG  |  TUESDAY, 13 AUG 2019
In his outing before the Australian House of Representatives Standing Committee on Economics on August 9, Reserve Bank of Australia (RBA) governor Philip Lowe practically gave his nod of approval in Financial Standard 's clear as the crystal ball's ...

Chief economist update: Iron ore on the up and up

BENJAMIN ONG  |  MONDAY, 1 JUL 2019
The way it's going, the rally in iron ore prices will keep on going and going. Iron ore prices ended the first half of 2019 at US$109.18/metric tonne, representing a 57.8% rally from the US$69.20 it fetched six months earlier. The world's largest ...

Chief economist update: US recession in the offing

BENJAMIN ONG  |  MONDAY, 3 JUN 2019
"On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our Country, STOP. The Tariff will gradually increase until the Illegal Immigration ...

Chief economist update: Friday when the trade war began

BENJAMIN ONG  |  MONDAY, 9 JUL 2018
Shots fired! Shots fired! The threat of a trade war became real on 6 July 2018, when at exactly 12:01 am (NY time), the US imposed a 25% tariff on US$34 billion of Chinese imports to which China immediately responded with a percent-for-percent and dollar-for-dollar ...

Trump-flation returns

BENJAMIN ONG  |  FRIDAY, 29 SEP 2017
Love him or loathe him, Donald Trump remains the stuff of headlines going into and since he won the 8 November 2016 US presidential election. Reports abound about Trump versus Kim, Trump versus NATO, Trump versus the NFL, Trump versus Alec Baldwin and ...

China slows to target

BENJAMIN ONG  |  FRIDAY, 15 SEP 2017
Li gets what Li likes. A day after the executive meeting of China's State Council chaired by Premier Li Keqiang resolved to continue supply-side structural reforms aimed at "reining in excessive production capacity, reducing corporate costs and improving ...

One Direction and the BOE

BENJAMIN ONG  |  MONDAY, 20 MAR 2017
There's "One Direction (1D)" - the English-Irish pop music boy band -- and there's the Bank of England (BOE). Like the big event of March - the US Federal Reserve lifted the fed funds rate by 25 basis points to 0.75% - 1.0% at its 15-16 March FOMC meeting ...

Chinese whispers

BENJAMIN ONG  |  TUESDAY, 28 JUL 2015
It was enough to make anyone wet their pants - headlines about the 8.5% biggest one-day fall since February 2007 dive in the Shanghai Composite index yesterday. What triggered the sell-off, nobody really knows. Someone shouted "fire" and everyone and ...

Graccident averted (yet again)

BENJAMIN ONG  |  TUESDAY, 23 JUN 2015
Hoo-wow! Houston, we had lift-off. Yes Virginia, financial markets from New York to Rio and old London town lifted off while we slept. Equity markets jumped while bond yields dived. These, because on optimism that a Greco-troika deal would be hammered ...