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Showing 61 - 70 of 173 results for "PBO"

Lift then back to zero (even negative)?

BENJAMIN ONG  |  TUESDAY, 15 DEC 2015
Two days before lift-off. But in case there's still any doubt, allow me to replay what US Federal Reserve Chair Janet Yellen told the US Congress' Joint Economic Committee only less than a forthnight ago: "... I anticipate continued economic growth ...

Fairy tales may come true

BENJAMIN ONG  |  THURSDAY, 3 DEC 2015
We all know the saying, "it ain't over till the fat lady sings", well, last night... she did. Read her lips and hear her sonata: "Were the FOMC to delay the start of policy normalization for too long, we would likely end up having to tighten policy ...

And then there's gonna be five

BENJAMIN ONG  |  TUESDAY, 1 DEC 2015
It didn't happen overnight, but it will happen. It may be a bit of an anti-climax but it's now official... the Chinese yuan will formally join the US dollar, the euro, the Japanese yen and the British pound in the International Monetary Fund's basket ...

Super lifetime cap could increase budget costs: Budget Office

LAURA MILLAN  |  MONDAY, 23 NOV 2015
... superannuation contributions could actually end up costing more money to the budget, a report by the Parliamentary Budget Office (PBO) commissioned by the Greens found. The Greens commissioned the report in light of the growing number of voices advocating ...

Rusting still

BENJAMIN ONG  |  MONDAY, 2 NOV 2015
Iron ore prices have tried to get back up twice this year, only to be knocked back down each time. After dropping to a 10-year low of US$46.70 a tonne back in April this year, the price of iron ore rallied by 40% to US$65.40 a tonne by mid-June only ...

Not this year

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2015
With data like these, there's just no way Josie, er... Janet. If Janet were true to her word that the Fed's policy actions are data dependent, then the latest data servings from USA Inc. have locked in the status quo for at least until 2015 turns into ...

Hotel California

BENJAMIN ONG  |  TUESDAY, 27 OCT 2015
Ho ho ho and ha ha ha. The truth is out. Wall Street dipped overnight and so did the Euro Stoxx 50 - after their strong gains of the past week because, wait for it......because investors suddenly realised that the ECB and the PBOC's early Christmas ...

Christmas in October

BENJAMIN ONG  |  MONDAY, 26 OCT 2015
"You better watch out You better not cry You better not pout I'm telling you why..." Central banks are coming to town - and they've loaded lots of toys and goodies on their sleigh. Back to back central bank stimulus measure surprises - promised and ...

Big trouble in big China

BENJAMIN ONG  |  WEDNESDAY, 14 OCT 2015
Here we go again folks, the China is kaput story is back in the headlines again. What went up last week - some through to yesterday - are back down again all because, they say, financial markets didn't like what they saw in the China's trade data where ...

China syndrome

BENJAMIN ONG  |  THURSDAY, 24 SEP 2015