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Showing 301 - 310 of 617 results for "CPI +4.5 %"

Low inflation exporter

BENJAMIN ONG  |  TUESDAY, 11 JUL 2017
Recall those days when China was accused of exporting deflation to the rest of the world? The days when dirt cheap "Made in China" products were flooding the rest of the world (they still are). It was so prevalent that in January 2004, the US Federal ...

The Fed's inflation and asset price conundrum

BENJAMIN ONG  |  WEDNESDAY, 28 JUN 2017
US Federal Reserve Chair Janet Yellen revealed her thoughts on inflation, inflation expectations and asset valuations when she spoke before the British Academy 'President's Lecture' in London last night. Yellen reiterated the message from the 14 June ...

Future Fund investment mandate revised

DARREN SNYDER  |  THURSDAY, 25 MAY 2017
... Fund, better reflecting global investment market conditions and outlook. The Future Fund currently requires a real return of CPI +4.5%. As at January 2017, the Future Fund had returned 7.7% per annum since its inception in May 2006, which was ahead of ...

A one-handed clap for ScoMo's Budget

BENJAMIN ONG  |  TUESDAY, 23 MAY 2017
Australian Federal Treasurer Scott Morrison must be beaming when the Australian Bureau of Statistics (ABS) released the latest update on the country's labour market that showed the unemployment rate dropped from 5.9% in March to 5.7% in April - better ...

Three steps and yields stumble

BENJAMIN ONG  |  MONDAY, 15 MAY 2017
"Three steps and a stumble" is an old market adage that foretells of a drop in the US equity market after the Fed's third interest rate hike. This is turning out to be a doozy so far - the Fed already completed rate hike number three on 15 March 2016 ...

Expanding expansion in manufacturing

BENJAMIN ONG  |  TUESDAY, 2 MAY 2017
As the band 'Chicago' would sing, it would be "baby, what a big surprise, right before my very eyes" if the Reserve Bank of Australia (RBA) shifts - up or down - monetary policy settings when it meets today. No rate cut is in the cards this afternoon ...

The CPI report that confirms all biases

BENJAMIN ONG  |  THURSDAY, 27 APR 2017
Australia's inflation numbers are out! And it's got something for everyone - hawks, doves and in-betweeners - in terms of RBA monetary policy direction. This is because the Australian Bureau of Statistics' (ABS) consumer price index's latest report ...

Sunrise

BENJAMIN ONG  |  FRIDAY, 21 APR 2017
The headline number is not that great. Aside from beating market expectations for ¥575.8 billion surplus, Japan's trade balance showed that the surplus decreased to ¥614.7 billion in March from ¥813.4 billion in the previous month and 17.4% less ...

Growth maintains momentum

BENJAMIN ONG  |  FRIDAY, 21 APR 2017
While there's little progress over inflation, it actually reversed in March - headline CPI inflation down to 1.5% from 2.0% in February; core inflation down to 0.7% from 0.9% -- latest data indicate that growth in the Eurozone continues to gain momentum. ...

The prescience of Super Mario

BENJAMIN ONG  |  THURSDAY, 20 APR 2017
Rising momentum in the Eurozone economy have triggered speculations that the European Central Bank (ECB) would not only taper its QE programme soon but also lift interest rates by the first quarter of 2018. The problem with this is that stronger economic ...