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Showing 51 - 60 of 494 results for "Economic outlook"

Chief economist update: Chinese manufacturing ramps up

BENJAMIN ONG  |  THURSDAY, 1 APR 2021
Activity in China's manufacturing and non-manufacturing sectors returned with a vengeance after a brief pause during the country's Lunar New Year holidays. National Bureau of Statistics (NBS) data show that China's manufacturing PMI rebounded ...

Chief economist update: Australia's virtuous cycle keeps on turning

BENJAMIN ONG  |  MONDAY, 29 MAR 2021
Despite some delays and hiccups in the roll out of the coronavirus vaccine in Australia, cases of infections are virtually next to nil and life had slowly been returning to pre-pandemic normal. So much so, that in its 'Economic Outlook' March ...

Chief economist update: Strike while iron ore cools

BENJAMIN ONG  |  FRIDAY, 26 MAR 2021
... much stronger than the Politburo's target of "over 6%". Just recently, the OECD's March 2021 Interim Economic Outlook report pencilled in a 7.8% expansion this year. In January this year, the World Bank (WB) forecast China's GDP to grow by ...

Chief economist update: What a difference an Australian year makes

BENJAMIN ONG  |  MONDAY, 22 MAR 2021
... that devastated much of southeastern Australia and the ongoing drought prompted downgrades to Australia's economic outlook and its thwart towards its seemingly assured path towards a budget surplus. Reuters ran headlines like Australian economic ...

Chief economist update: When 6%-plus growth is deemed too low

BENJAMIN ONG  |  FRIDAY, 19 MAR 2021
GDP growth of over 6% for 2021. Chinese premier Li Kequiang announced this target growth rate at the opening of the fourth session of the 13th National People's Congress (NPC) in Beijing on March 5. Many a time, China's annual economic growth ...

Chief economist update: The do-nothing Fed

BENJAMIN ONG  |  THURSDAY, 18 MAR 2021
... crisis continues to weigh on economic activity, employment, and inflation, and poses considerable risks to the economic outlook". Not only that, the recent spike in US long bond yields - due to rising inflation expectations -- could throw another spanner ...

Chief economist update: ECB gives PEPP talk

BENJAMIN ONG  |  FRIDAY, 12 MAR 2021
... overall economic situation is expected to improve over 2021, there remains uncertainty surrounding the near-term economic outlook, relating in particular to the dynamics of the pandemic and the speed of vaccination campaign" and "Inflation has picked ...

Chief economist update: Confidence contagion

BENJAMIN ONG  |  THURSDAY, 11 MAR 2021
Australia is once again being infected - infected with optimism, that is. We have discussed previously how the domestic economy has contracted less sharply than its peers and has rebounded stronger relative to its peer, later confirmed by the OECD 'Economic ...

No more easy 6% returns: Fidelity

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 MAR 2021
Despite the fairly sunny economic outlook, lower investment returns are a reality that institutional investors will have to grapple with, according to Fidelity International. Fidelity International cross asset investment specialist Anthony Doyle said ...

Chief economist update: OECD sees stronger growth ahead

BENJAMIN ONG  |  WEDNESDAY, 10 MAR 2021
... now projected to be 5.6% this year, an upward revision of more than 1 percentage point from the December OECD Economic Outlook. World output is expected to reach pre-pandemic levels by mid-2021 but much will depend on the race between vaccines and emerging ...