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Showing 21 - 30 of 1254 results for %22Eurozone%22

Chief economist update: Eurozone at risk of double-dip

BENJAMIN ONG  |  MONDAY, 18 JAN 2021
The longer the Eurozone takes to get on top of the resurgence, the longer the lockdowns, the greater the risk of a double-dip recession. COVID-19 infections in Europe started re-appearing and multiplying sometime around October last year. The growth ...

Chief economist update: ECB expands PEPP

BENJAMIN ONG  |  FRIDAY, 11 DEC 2020
... February 2019 for all future TLTRO III operations, starting from the March 2021 operation". That's mo' money for the Eurozone but this was in response to mo' infections in the region's member countries - particularly the bigger ones like ...

Chief economist update: A V, a W and an L

BENJAMIN ONG  |  MONDAY, 26 OCT 2020
... activity in 2021, giving the next occupant of the White House a better starting point. The letter W. The IHS/Markit flash Eurozone PMI for October confirmed current concerns over the second wave in the region and the consequent re-imposition of restrictions ...

Chief economist update: COVID-19 returns to Europe with a vengeance

BENJAMIN ONG  |  MONDAY, 19 OCT 2020
... particular have been hit by intensifying virus concerns". At its September meeting, the European Central Bank (ECB) forecast Eurozone GDP contracting by 8% in 2020 - better than the 8.7% slump predicted in June. Growth projections for the year 2021 and ...

Chief economist update: Splish splash, budget cash

BENJAMIN ONG  |  WEDNESDAY, 7 OCT 2020
... accounting for their respective fiscal spend. As at the end of 2019, the US had a debt-to-GDP ratio of 107%; Japan, 237%; the Eurozone, 84.1%; the UK, 80.7%; Canada, 89.7%; China 50.5%. And then there's the Reserve Bank of Australia (RBA) which still ...

Chief economist update: Winter of Europe's discontent

BENJAMIN ONG  |  TUESDAY, 6 OCT 2020
... cases seen in other European countries." The impact on the economy has already been captured in the latest IHS Markit Eurozone PMI survey. The composite index dropped back to a three-month low reading of 50.1 in September - the second consecutive month ...

Chief economist update: The W in the second wave

BENJAMIN ONG  |  TUESDAY, 29 SEP 2020
... single currency region, along with monetary and fiscal stimulus measures, sparked optimism of a V-shaped recovery in the Eurozone. This was underscored by the OECD and the IMF's June 2020 projections. The 'OECD Economic Outlook, June 2020' ...

Chief economist update: ECB keeps it steady

BENJAMIN ONG  |  FRIDAY, 11 SEP 2020
... tweak in the latest ECB staff macroeconomic projections for the single currency region. The September forecasts show Eurozone GDP contracting by 8% in 2020 - better than the 8.7% slump predicted in June. Growth projections for the year 2021 and 2022 ...

Chief economist update: Australia on top despite recession

BENJAMIN ONG  |  FRIDAY, 4 SEP 2020
While we, Australians all, continue to shudder at the economy's first recession in 29-years, our nation - to use Old Blue Eyes' song - remains "Top of the list, King of the hill, A number one..." It may not be Einstein's "relativity theory" ...

Chief economist update: Comeback COVID

BENJAMIN ONG  |  TUESDAY, 25 AUG 2020
... Australia, in New Zealand, in Japan, in South Korea, in Vietnam, in Europe, to name a few. According to Factset: "Major Eurozone nations have seen infection rates return to levels not seen since the spring. France recorded the highest number of cases ...