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Showing 11 - 20 of 39 results for %22Economy Forecast Agency%22

Chief economist update: Second wave threatens an oil spill

BENJAMIN ONG  |  FRIDAY, 14 AUG 2020
... shutdowns. While OPEC+ has adjusted (cut) the oil supply to maintain current prices, COVID-19's second bite at the global economy threatens to weaken demand even more. Planes, trains and automobiles - and cruise liners - are or would be put back ...

Chief economist update: Coronavirus threatens Tokyo Olympics

BENJAMIN ONG  |  FRIDAY, 7 FEB 2020
... everybody - more so for Japan. The Diamond Princess Cruise Ship underscores the positive impact of tourism on Japan's economy. The nearly 4000 tourists quarantined aboard the ship due to the coronavirus are now foreign income from tourism foregone... ...

Chief economist update: Coronavirus infects oil market

BENJAMIN ONG  |  TUESDAY, 4 FEB 2020
... economy's growth - reportedly to 5.0%-5.4% this year versus the IMF's forecast of 6%. A slowdown in China's domestic economy is a cause for apprehension for the oil market in itself. But it becomes of greater concern when every other government ...

Chief economist update: Wrong way, go down

BENJAMIN ONG  |  THURSDAY, 28 FEB 2019
... refuses to go down. This is despite consensus expectations willing it to go down. On its website, the Economy Forecast Agency published a table showing the A$ will close at US$0.6840 by the end of this year. HSBC is more bearish, predicting the Australian ...

Good goings-on in China

BENJAMIN ONG  |  THURSDAY, 6 JUL 2017
... revised 2017 projections by the OECD and the IMF are above the government's 6.5% growth target for this year. China's economy expanded by 6.9% in the year to the first quarter of this year. Still, the IMF advised that China exploit this improved growth ...

Too much ado about Fed reinvesting nothing

BENJAMIN ONG  |  THURSDAY, 6 APR 2017
... North Korea - and doubts over Trump-flation. This came as no surprise for Wall Streeters saw the latest updates on the US economy... and they were good. While both the Markit and ISM surveys of the US non-manufacturing sector came in lower than market ...

Drown baby, drown

BENJAMIN ONG  |  MONDAY, 18 JAN 2016
... 2004, Dr. Nouriel Roubini, published a paper titled "The effects of the recent oil price shock on the U.S. and global economy" warning that the "current oil price shock... may lead to a severe growth slowdown". That time, the price was around $40 a barrel... ...

Santa's bargains

BENJAMIN ONG  |  MONDAY, 15 DEC 2014
... market rout and the slide in emerging market currencies on the back ofA anxiety over indications of a slowing Chinese economy, doubts over Japan's recovery, concerns over deflation in the eurozone and disappointing US growth stats early in the New Year ...

The good oil

BENJAMIN ONG  |  WEDNESDAY, 15 OCT 2014
... ultimately, higher economic growth... with tame inflation. Perhaps, weaker oil prices are just what the slowing global economy needs to get it going. If still not enough, there's still the un-taper and re-reflate, I mused about on this space yesterday. ...

Taper? What taper?

BENJAMIN ONG  |  THURSDAY, 19 SEP 2013