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Showing 21 - 30 of 690 results for %22Lower commodity prices%22

Chief economist update: Bank of Canada walks the talk

BENJAMIN ONG  |  THURSDAY, 22 APR 2021
... conclusion of its April 21 meeting, to wit: "The Bank of Canada today held its target for the overnight rate at the effective lower bound of 1/4 percent, with the Bank Rate at 1/2 percent and the deposit rate at 1/4 percent. The Bank continues to provide ...

Chief economist update: RBNZ keeps policy steady on unsteady outlook

BENJAMIN ONG  |  THURSDAY, 15 APR 2021
... it said. The RBNZ judges that the risks to the economic outlook remains balanced but stressed that, "it was prepared to lower the OCR if required".

Chief economist update: Vaccine optimism sparks AUD resurgence

BENJAMIN ONG  |  WEDNESDAY, 18 NOV 2020
... currency rose to around this level back in late-August/early-September after the US Federal Reserve announced a shift into a lower for longer strategy - suggesting that Australian interest rates would be at a premium over US rates going forward and enticing ...

Chief economist update: Oil could slip on fresh lockdowns

BENJAMIN ONG  |  THURSDAY, 12 NOV 2020
... COVID-19 (thought to be around March). In the meantime, crude oil prices will continue to languish at current levels, if not lower. The second wave of coronavirus infections currently doing the rounds in Europe - and the subsequent re-imposition of lockdown ...

Chief economist update: AUD on the up and up

BENJAMIN ONG  |  TUESDAY, 1 SEP 2020
... appreciation in the local currency to around US$0.80. Their rationales were rational enough: The Fed's shift into a lower for longer strategy suggests that Australian interest rates would be at a premium over US rates going forward, enticing investors ...

Chief economist update: Good as gold

BENJAMIN ONG  |  MONDAY, 13 JUL 2020
... re-asserting its safe-have quality and rallying by 18.6% to date. In comparison, the commodity price index remains 22.5% lower so far this year. Surprising as it may be, gold's expected outperformance is nearly matched by that of iron ore - an industrial ...

Profound uncertainty remains: IMF

ELIZA BAVIN  |  THURSDAY, 18 JUN 2020
... fiscal support across the globe, aggregate demand remains subdued and is weighing on inflation, alongside lower commodity prices. Additionally, the world is starting to see a "striking divergence" of financial markets from the real economy, with financial ...

Chief economist update: Easing restrictions narrow oil demand-supply equation

BENJAMIN ONG  |  MONDAY, 18 MAY 2020
... agreement takes effect and production declines elsewhere. For some OPEC countries, e.g. Saudi Arabia, Kuwait and the UAE, lower May production is from record highs in April. Led by the United States and Canada, April supplies from countries outside of ...

Junk by name, junk by nature?

ALLY SELBY  |  THURSDAY, 30 APR 2020
... very attractive, despite their risks. These bonds attract credit ratings by houses such as Moody's or S&P of BBB- and lower, meaning they are sub-investment grade. This lower credit rating usually relates to higher debt levels (like banks), higher ...

Business unusual: COVID-19 threats facing real estate

ALLY SELBY  |  THURSDAY, 2 APR 2020
... said. "Furthermore, the balance sheet of REITs are in better shape than they were before the Global Financial Crisis, with lower gearing, more diversified debt, longer tenure and higher internal cover ratios - these are all positives. "The sell-off has ...