Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 83 results for "Uncle Sam"

Currency warriors, mount horses and draw swords

BENJAMIN ONG  |  FRIDAY, 6 FEB 2015
... that tomorrow's US non-farm payrolls would reveal continuing strengthening momentum in the US economy. All's well in Uncle Sam's garden or... so it seems. "So it seems" because another US stat released overnight shows that the rallying US dollar - the ...

A Fed surprise?

BENJAMIN ONG  |  WEDNESDAY, 28 JAN 2015
... "beggaring their neighbour" - in this case, the US, by exporting the weakness in their economies and their deflation to Uncle Sam. This morning's weak economic data and weak earnings reports indicate that this is beginning to bite Uncle Sam in the behind. ...

Seesaw on Wall Street

BENJAMIN ONG  |  THURSDAY, 9 OCT 2014
... all along, that whatever they decide on could come back to bite them on their collective behinds and... ultimately, Uncle Sam's. You don't have to decipher codes, no guessing what the Fed was implying, no Fedspeak, the minutes from the Fed's 16-17 September ...

October h(a)unting

BENJAMIN ONG  |  WEDNESDAY, 1 OCT 2014
... (against major currencies) has risen by 6.7% from its 2014 low (1 July). Surely Shirley, this would, in time, show up in Uncle Sam's trade accounts as lower exports and higher imports - that equates to lesser economic growth overall. We all know the ...

Average September on average

BENJAMIN ONG  |  MONDAY, 29 SEP 2014
... raise rates earlier than the Fed - expectations of more easing by the ECB and the BOJ would further upward pressure on Uncle Sam's money. And this is no good in terms of the outlook for Uncle Sam's county. To repeat what NY Fed pres William Dudley said ...

Goldilocks is back in town

BENJAMIN ONG  |  WEDNESDAY, 20 AUG 2014
... Malaysian Airlines MH17 on 17 July. But we'll let sleeping dogs lie for now Toto. For now, Goldilocks is back in town in Uncle Sam country. Data out last night show good news on the housing front. Overall US housing starts soared by 15.7% to an annualised ...

Independence Day for the US economy

BENJAMIN ONG  |  FRIDAY, 4 JUL 2014
... upwardly revised 224K add in May) and the unemployment rate to a better-than-expected 6.1% from 6.3% in May - suggest that Uncle Sam's country could now grow unaided. Uh-oh, looks like I owe Federal Reserve Bank of St. Louis President James Bullard an ...

Beggars at war

BENJAMIN ONG  |  MONDAY, 12 MAY 2014
... name is... However, both the yen and the yuan's still up -- 3.3% and 0.5%, respectively - from their 2014 lows versus Uncle Sam's money to date. That's right! That's because the Fed is not taking these moves lying down. Janet Yellen may have said a lotta ...

Never good enough

BENJAMIN ONG  |  THURSDAY, 6 MAR 2014
... awful...You've now sunk to a level that we're trying to get up to. So, my heart goes out to you". He was referring to Uncle Sam country back then, but he could have just as easily alluded to other big industrialised countries that like to have what we're ...

Catching the big wave

BENJAMIN ONG  |  THURSDAY, 27 FEB 2014
... This is the latest footprint in one of many steps China has taken along the way towards challenging the domination of Uncle Sam's greens. Two days before, Chancellor of the Exchequer George Osborne revealed that the UK is in "active" negotiations with ...