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Showing 11 - 20 of 115 results for %22UGL%22

Chief economist update: Fear and loathing on Wall Street

BENJAMIN ONG  |  THURSDAY, 25 OCT 2018
Persistent sell orders have put Wall Street's major benchmark indices either in a correction (defined as a 10% drop from the nearest peak) or on the cusp of one: Nasdaq (-11.5%) and Russell 2000 (-15.6%); S&P 500 (-9.4%) and DJIA (-8.4%). The sell-off ...

Chief economist update: Shanghai's drop is China's problem, the yuan's slide is everyone's

BENJAMIN ONG  |  THURSDAY, 28 JUN 2018
The Shanghai Composite index's drop into bear market territory may have elicited some negative Trump thoughts, but China's response - through the accompanying depreciation of the yuan may have been "I'm taking you with me." Such is the ugliness ...

Enter the dragon

BENJAMIN ONG  |  MONDAY, 23 OCT 2017
Good, bad or ugly, there were events a-plenty last week for speculators and investors to digest for guidance on what lies ahead. There's the lingering North Korean nuclear threat - although this has barely made it to headlines over the past week; there's ...

100 days of Trump (and counting)

BENJAMIN ONG  |  MONDAY, 1 MAY 2017
The 29th of April 2017 marked the first 100 days since Donald Trump was sworn in as chief executive of America, Inc. "Donald, you're fired!" should be what Americans tell him if poll ratings are anything to go by. In her piece on al.com, Leada Gore ...

Britons vote 'Adieu EU'

BENJAMIN ONG  |  MONDAY, 27 JUN 2016

China crashlands back to GFC days

BENJAMIN ONG  |  WEDNESDAY, 9 MAR 2016
The recent upswing in equity and commodity markets hit the China wall, stalling or reversing following reports of worse-than-expected Chinese trade figures. This is because they reinforce the markets' current trepidation over slowing global growth. ...

ZIRP to bring back "animal spirits"?

BENJAMIN ONG  |  FRIDAY, 26 FEB 2016
Actual total private new capital expenditures may have surprised on the upside, rising by 0.8% in the three months ended December 2015 when they were expected to drop by 3.0% but... they're still not a pretty set of numbers. Uglier still, according ...

Doom(ed) rebound?

BENJAMIN ONG  |  MONDAY, 25 JAN 2016
When the going gets tough...... the tough promises to get going. For a change, a number of equity markets around the globe finished flashing green numbers last week. The All Ordinaries index, for one, closed 0.4% in the plus - pitiful you might say ...

China's January effect

BENJAMIN ONG  |  MONDAY, 11 JAN 2016
Happy New Year to all you gentle readers!... and it looks like we'd be needing more well-wishes of "A Happy and Prosperous New Year!" the way financial markets have panned out at the start of 2016. Equity markets around the globe dropped -- big time ...

Not happy Jan

BENJAMIN ONG  |  MONDAY, 21 SEP 2015
"Not happy, Jan!" This was Wall Street's immediate verdict on the Fed's disclosure of its non-decision following the much-awaited and much speculated 16-17 September FOMC meeting. The S&P 500 index declined by 1.6%; the Dow by 1.7%; Nasdaq by 1.4% ...