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Showing 21 - 30 of 70 results for "Trade Deal"

Chief economist update: US consumer power

BENJAMIN ONG  |  MONDAY, 25 NOV 2019
The US-China trade deal/no trade deal seesaw continues to drive the markets' daily ups and downs. But behind these day-to-day swings is the rise and rise on Wall Street - to new record highs. To be sure, the third quarter reporting season was nothing ...

Chief economist update: Cloudy 2020 vision for OECD

BENJAMIN ONG  |  FRIDAY, 22 NOV 2019
... indicate continued investment weakness. "We will keep capital spending "tight" until we get "better visibility". A trade deal is need to "get some confidence back in this market," Jim Fitterling, chief executive of US chemicals producer Dow said in The ...

Chief economist update: Santa Claus is coming to town

BENJAMIN ONG  |  MONDAY, 11 NOV 2019
... stimulation - in words (BOJ, BOE) and in deed (Fed, ECB, PBOC and RBA) - and the recent positive turn of events - US-China trade deal, the UK could finally Brexit with polls predicting UK PM Boris Johnson could win a 96-seat majority at the 12 December ...

Chief economist update: Fed pause could be a short one

BENJAMIN ONG  |  FRIDAY, 1 NOV 2019
Here we go again, the never-ending Sino-Yankee trade deal or no deal saga. This from Bloomberg: "Chinese officials are casting doubts about reaching a comprehensive long-term trade deal with the U.S. even as the two sides get close to signing a "phase ...

China backs blockchain, Bitcoin soars

ELIZA BAVIN  |  TUESDAY, 29 OCT 2019
... validation of blockchain by President Xi comes as the United States and China are in the late stages of trying to reach a trade deal. The two nations have engaged in a tech war over companies like China's Huawei. "Major countries are stepping up their ...

Chief economist update: The fear of Brexit

BENJAMIN ONG  |  THURSDAY, 29 AUG 2019
... that no-deal would end uncertainty for businesses, be harmoniously managed by all sides and lead quickly to a new free-trade deal with the EU." It's just the uncertainty - or in Bacon's words "the fear of death" - that makes Brexit fearsome. ...

Chief economist update: A case for optimism

BENJAMIN ONG  |  THURSDAY, 11 JUL 2019
... government's tax rebate is in the mail, the stock market is up, and there are positive whispers over a US-China trade deal. But we're not! A day after the NAB Business Survey showed a sharp drop in business confidence in June, Westpac's Consumer ...

Chief economist update: BOJ Tankan tanking?

BENJAMIN ONG  |  TUESDAY, 2 JUL 2019
... G18 could all have stayed at home and nobody would have noticed. The world's attention was all about the US-China trade deal or no deal tete-a-tete. The news of Trump and Xi's face-to-face has so far been good - with both leaders agreeing to ...

Chief economist update: Thrilla in Osaka

BENJAMIN ONG  |  TUESDAY, 25 JUN 2019
... the G20. Nevertheless, an agreement to extend trade talks beyond the G20 summit is a good enough outcome. Talks of a trade deal in the dying months of 2018, as well as the Fed pause and later speculations of rate cuts, have propelled the S&P 500 index ...

Chief economist update: Oil market slides from bull to bear

BENJAMIN ONG  |  FRIDAY, 7 JUN 2019
... continued easy policy by the central banks of the Eurozone and Japan, among others; and (at the time) hopes for a US-China trade deal, improving sentiment over the global growth outlook and therefore, oil demand. Taken alongside, supply disruptions/sanctions ...