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Showing 11 - 20 of 58 results for "UK economy"

Chief economist update: Brexit - the news that was

BENJAMIN ONG  |  FRIDAY, 10 JAN 2020
... to reinforce the expected recovery in UK growth and inflation." Needless to say, the strength (or otherwise) of the UK economy relative to the EU would partially dictate the outcome of the Brexit negotiations over the next 12 months. Carney has every ...

Chief economist update: Brexit uncertainty is not all that bad

BENJAMIN ONG  |  TUESDAY, 15 OCT 2019
... peak (March) and 11.4% down from the nearest pre-Brexit vote high. Sterling's weakness is providing support to the UK economy. Case in point, concerns that the UK economy will slip into a recession in the third quarter have been eased by stronger-than-expected ...

Chief economist update: The fear of Brexit

BENJAMIN ONG  |  THURSDAY, 29 AUG 2019
... quarter to 0.2% in the third quarter. US GDP growth slowed to an annualised rate of 2.1% from 3.1% -- but it's the UK economy that's still responding to the dictates of Economics 101. The UK's low unemployment rate - 3.9% in June - is lifting ...

Emerging markets for the win: ABDO

KANIKA SOOD  |  WEDNESDAY, 20 MAR 2019
... cheaper to the Aussie dollar. "Currency can be a huge windfall for your portfolio," Campbell said. "The pound is cheap. UK economy has done okay despite the Brexit kerfuffle." Other currencies Malaysian Ringgit, the Korean Won and the Japanese Yen are ...

Chief economist update: UK economy slows on Brexit woes

BENJAMIN ONG  |  TUESDAY, 12 FEB 2019
When the Bank of England (BOE) decided to keep monetary policy settings unchanged following its February 7 monetary policy committee meeting, it acknowledged in its statement that: "UK economic growth slowed in late 2018 and appears to have weakened ...

Chief economist update: disUnited Kingdom

BENJAMIN ONG  |  WEDNESDAY, 16 JAN 2019
... resulted in 51.89% in favour of Brexit and 48.11% against. But I digress. Despite the uncertainty borne of Brexit, the UK economy largely remains resilient since the referendum. UK GDP growth has slowed only slightly from 1.7% in the year to the June ...

UK loses £800bn in assets amid Brexit fears

KARREN VERGARA  |  TUESDAY, 8 JAN 2019
... estimates UK and European stocks could fall by about 25%. Various scenarios tested suggest a significant slowdown in the UK economy and large losses in its equity markets and exchange rate, he said. "Investors should continue to watch closely while preparing ...

Inside Bennelong and its UK engine room

DARREN SNYDER  |  TUESDAY, 20 NOV 2018
... said. He said if the deal is vetoed then there is likely to be a long period of uncertainty. What that does to the UK economy, and what it does to UK businesses that were considering investing but held off, are further questions - especially for people ...

The BOE's got no problem

BENJAMIN ONG  |  THURSDAY, 23 AUG 2018
... than the diminished rate of supply growth, which averages around 11/2% per year. The MPC continues to judge that the UK economy currently has a very limited degree of slack. Unemployment is low and is projected to fall a little further. In the MPC's ...

Chief economist update: Heaven can wait but the BOE couldn't

BENJAMIN ONG  |  FRIDAY, 3 AUG 2018
... (MPC) meeting. To be sure, the British central bank had been itching to do so back in May. Despite the slowdown in the UK economy in the first quarter of this year, the increased risk on global trade wrought on the world by Trump's protectionist ...