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

Search Results

Showing 61 - 70 of 1260 results for "Eurozone"

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 ...

Chief economist update: ECB exit proves premature

BENJAMIN ONG  |  FRIDAY, 31 MAY 2019
... end of 2019" - changed from "summer 2019" at its April Governing Council meeting - further out sometime in the future. Eurozone GDP growth has slowed to 1.2% in the year to the March 2019 quarter after peaking at 2.8% in the September 2017 quarter. While ...

Chief economist update: Countdown to T-day

BENJAMIN ONG  |  FRIDAY, 10 MAY 2019
... expect this to trigger a global recession." And that's only with the Sino-Yankee trade war. Recall Trump has put the Eurozone and Japan on notice. War - in any form - is really good for "absolutely nothing". Timecheck: It's now 9pm on Thursday ...

Chief economist update: Not spring yet in the Eurozone

BENJAMIN ONG  |  MONDAY, 6 MAY 2019
Green shoots are appearing in the Eurozone just in time for spring. Eurostat reports its preliminary estimates show the single-currency region's GDP increased by 0.4% in the March 2019 quarter - better than market expectations for a 0.3% gain - ...

Chief economist update: Inflation is dead

BENJAMIN ONG  |  MONDAY, 29 APR 2019
... western, capitalist central bank targets 2.0% inflation). Latest inflation data shows inflation in the US at 1.9%; the Eurozone at 1.4%; Japan at 0.5%; the UK at 1.9%; and lately, Australia at 1.3%. The clue, of course, lies in the behaviour of wages. ...