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Showing 61 - 70 of 1036 results for "oil prices"

Chief economist update: When QE turns to QT

BENJAMIN ONG  |  TUESDAY, 16 OCT 2018
... market rout, US equity market overvaluation, expectations of lower Q3 corporate profits, negative technicals, rising oil prices, etcetera - explaining the whys and wherefores of the current malaise in US stocks. But aren't these "challenges" already ...

Chief economist update: An Indian surprise

BENJAMIN ONG  |  MONDAY, 8 OCT 2018
... year to date. The rupee's depreciation would aggravate the upward push in India's inflation caused by rising oil prices - the price of Brent oil has risen by 24% between January and September this year - because of the country's dependence ...

OPEC is not to blame

BENJAMIN ONG  |  TUESDAY, 25 SEP 2018
... increase in oil production following the OPEC and non-OPEC nations meeting in Algiers on September 23. The decision sent oil prices soaring - Brent oil surged by 3.2% to a four-year high of US$81.27 a barrel; WTI oil jumped by 1.9% to US$72.10 per barrel ...

Chief economist update: ECB on track for exit

BENJAMIN ONG  |  FRIDAY, 27 JUL 2018
... while headline CPI rose to 2% in June from 1.9% in the previous month, core inflation - that which exclude food and oil prices - remain muted (down to 0.9% in June from 1.1% in May). However, he takes comfort in the recent "pick up in nominal wage growth ...

Chief economist update: Crude oil slips

BENJAMIN ONG  |  TUESDAY, 17 JUL 2018
If one were to time the genesis of the recent surge in oil prices, it would have to be Saudi Crown Prince Mohammed bin Salman's interview with Time magazine around mid-April this year when he hinted at wanting the price of crude to reach around ...

Chief economist update: Three ayes for a rate hike

BENJAMIN ONG  |  FRIDAY, 22 JUN 2018
... "Inflation is expected to pick up by slightly more than projected in May in the near term, reflecting higher dollar oil prices and a weaker sterling exchange rate. Most indicators of pay growth have picked up over the past year and the labour market ...

Chief economist update: Should have sold in May and gone away

BENJAMIN ONG  |  TUESDAY, 29 MAY 2018
... negotiations with China are also underway. There's the uncertainty over the US-North Korea summit, the rise in oil prices (because Trump pulled out of the Iran nuclear deal), the fall in oil prices (because Saudi Arabia and Russia plan to increase ...

Chief economist update: BOE fails market expectations

BENJAMIN ONG  |  FRIDAY, 11 MAY 2018
... the continued improvement in the US unemployment rate - down to 3.9% in April - and the continuing ascent in crude oil prices, headline CPI inflation only managed a small increase to 2.5% in the year to April from 2.4% in the previous month. The less ...

Chief economist update: When good oil goes bad

BENJAMIN ONG  |  THURSDAY, 10 MAY 2018
... announced it's bringing back production to 3 million bpd - the production level before sanctions were imposed - sending oil prices down to fresh 12-year lows - WTI oil down 1.8% to US$29.42/barrel and Brent oil down 1.9% to US$28.94/barrel. Despite my ...

Moving on up to target

BENJAMIN ONG  |  TUESDAY, 1 MAY 2018
... tight labour market, buoyant consumer spending, tax cuts, tax on imports (steel and aluminium) and the recent surge in oil prices all point to higher inflation over the coming months. The question is how fast.