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Showing 541 - 550 of 2506 results for "Central bank"

Chief economist update: Happy New Year rat

BENJAMIN ONG  |  MONDAY, 20 JAN 2020
... expansion. The services PMI eased to 52.5 from November's seven-month high reading of 53.5. Recent government and central bank stimulus packages should underpin continued stabilisation in the Chinese economy. Recall that on November 18, the People's ...

Analysts remain wary as ASX breaks 7000

ALLY SELBY  |  FRIDAY, 17 JAN 2020
... arising from the up and coming reporting season." Rodda said the market's highs were being driven by a flooding of central bank liquidity. "The reason I think the ASX200 is outperforming right now is that unlike other major economies in the world ...

Chief economist update: Fundamentally overvalued

BENJAMIN ONG  |  FRIDAY, 17 JAN 2020
"I see trees of green, red roses too..." Louis Armstrong's immortal classic played on my head as rain started pouring on this burning land - even did a rain dance in my backyard - and meteorologists forecast more to come that hopefully extinguishes ...

RBA crushes hopes of Libra launch

ALLY SELBY  |  FRIDAY, 10 JAN 2020
... for global stablecoins like Libra, even if they do overcome these regulatory concerns. Even still, Australia's central bank said that developments in cryptocurrency technology could potentially impact the RBA's "mandates as the issuer of Australia's ...

Chief economist update: Brexit - the news that was

BENJAMIN ONG  |  FRIDAY, 10 JAN 2020
... core inflation 1.9% (2019 high) to 1.7% (November). Carney is taking no chances, telling his audience that the UK central bank has scope to "at least double" its August 2016 package of £60 billion (US$113 billion) of asset purchases. This is equivalent ...

Chief economist update: The rise and fall of oil

BENJAMIN ONG  |  THURSDAY, 9 JAN 2020
Crude oil prices rose in the early months of the New Year on the escalation of tensions between the US and Iran after an American drone strike in Iraq on January 3 that killed Qassem Soleimani -- the head of Iran's elite Quds military force. The ...

Chief economist update: Moving target

BENJAMIN ONG  |  WEDNESDAY, 8 JAN 2020
What's a central bank to do if after so many years of policy accommodation it still couldn't hit its target? Move the goalpost, of course. The US Federal Reserve has cut interest rates three times (by 75 basis points) last year from 2.5% to ...

Modest but meaningful growth on the horizon: Aviva

ELIZA BAVIN  |  TUESDAY, 7 JAN 2020
Global growth is expected to pick up around 3.25% in 2020, up from 3% in 2019, with new research suggesting fears of a severe turndown or recession have significantly diminished. Research from Aviva Investors suggests that global growth is expected ...

Chief economist update: Stock rally heralds 2020 cheer

BENJAMIN ONG  |  THURSDAY, 19 DEC 2019
... normalising monetary policy to cutting the fed funds rate this year while maintaining interest rate settings, the European Central Bank (ECB) embarked on TLTRO III and re-started QE, China boosted both monetary and fiscal policies, the Bank of England ...

Chief economist update: Oil's well that ends 2019 well

BENJAMIN ONG  |  WEDNESDAY, 18 DEC 2019
It may not seem like it, but crude oil prices appear on track to finish 2019 around 30% higher. This year to date, WTI oil has risen by 33.4% to US$60.21 per barrel while the price of Brent oil has rallied by 29.2%. To be sure, new production cuts that ...