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

Search Results

Showing 51 - 60 of 1254 results for "Eurozone"

Chief economist update: The yen to dictate if BOJ turns words into action

BENJAMIN ONG  |  THURSDAY, 7 NOV 2019
... same period. This is counter-intuitive given the comparative monetary policy settings between the US and Japan and the Eurozone and Japan. However, it could be that recent positive reports over the US-China trade negotiations may have reduced safe-haven ...

Chief economist update: Arrivederci Signor Draghi

BENJAMIN ONG  |  WEDNESDAY, 30 OCT 2019
... be expected after it announced a big one (so far) a month prior (in September), where Mario's parting gift to the Eurozone economy and financial markets everywhere was revving up monetary policy stimulus measures: An economic bulletin reads: "The ...

Chief economist update: The greatest central banker of modern times

BENJAMIN ONG  |  TUESDAY, 1 OCT 2019
... instruments from rates to asset purchases to forward guidance are ready to be calibrated." To be sure, the outlook for the eurozone appears to be deteriorating. The Markit Eurozone composite index has fallen closer to the expansion/contraction dividing ...

Chief economist update: Germany in the budget's shadow

BENJAMIN ONG  |  TUESDAY, 10 SEP 2019
The Global Financial Crisis of 2008 gave birth to "non-conventional monetary policy" - where many developed country central banks lowered interest rates to zero/negative and/or engaged in quantitative easing. While these prevented the "Great Recession" ...

Chief economist update: Super Mario's last hurrah

BENJAMIN ONG  |  TUESDAY, 3 SEP 2019
... threat of protectionism" has risen further with the escalation of the US-China trade war. The recently-released IHS Markit Eurozone manufacturing PMI survey gave credence to Draghi's statement at the July press conference that the economic outlook ...

Chief economist update: The fear of Brexit

BENJAMIN ONG  |  THURSDAY, 29 AUG 2019
"Pompa mortis magis terret quam mors ipsa." Translated into the quotee Francis Bacon's - English philosopher, statesman and essayist - mother tongue, "The pomp of death alarms us more than death itself." Yes Virginia, you know where I'm going ...

Chief economist update: Bonds do the limbo rock

BENJAMIN ONG  |  FRIDAY, 9 AUG 2019
... the relative safety of long-term government bonds despite their dwindling yields, and in the case of the Japanese and Eurozone 10-year government bonds, negative yields - perversely paying interest to lend to the government. Can't blame 'em. ...

Chief economist update: ECB to leave no policy tool unturned

BENJAMIN ONG  |  WEDNESDAY, 26 JUN 2019
... quarter. While there are nascent signs of stability over economic activity... According to Markit Economics, "The IHS Markit Eurozone Composite PMI rose to 52.1 in June, according to the preliminary 'flash' estimate, up from 51.8 in May to reach ...

Chief economist update: Australian bull market here we come

BENJAMIN ONG  |  THURSDAY, 13 JUN 2019
... fares relatively better than the US (yield curve inversion predicts a coming recession); the low growth economies of the Eurozone and Japan and though it's at par with UK growth, there's still the lingering Brexit uncertainty there. Also, Australia ...

Chief economist update: Oil market slides from bull to bear

BENJAMIN ONG  |  FRIDAY, 7 JUN 2019
... Fed's pause; China's stimulus measures and expectations of continued easy policy by the central banks of the Eurozone and Japan, among others; and (at the time) hopes for a US-China trade deal, improving sentiment over the global growth outlook ...