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Showing 81 - 90 of 528 results for "Economic outlook"

Chief economist update: RBNZ keeps policy steady on unsteady outlook

BENJAMIN ONG  |  THURSDAY, 15 APR 2021
... for Lending Programme (FLP) conditions. While the New Zealand central bank cited the improvement in the global economic outlook - and the attendant benefit the country gets from rising commodity export prices - and hopes that the planned Trans-Tasman ...

Chief economist update: Europa rides the bull once again

BENJAMIN ONG  |  FRIDAY, 9 APR 2021
Just like the myth of Europa, Eurozone equities are riding on the back of a bull. Eurozone equities soared to their highest levels in 13 years. The VStoxx index - the Eurozone's fear gauge dropped to 13-month lows. Lucky 13. The Euro Stoxx-50 index ...

Chief economist update: Fourth wave threatens Olympics, growth outlook

BENJAMIN ONG  |  THURSDAY, 8 APR 2021
The way it's (not) going for Japan, recent upgrades to its 2021 economic growth made by the OECD and the International Monetary Fund might need to be toned down or even reversed to a downgrade at their next outing. The OECD's March 2021 "Interim ...

Chief economist update: RBA promises support over the next three years

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
... and upgrades to the domestic economy's growth outlook by international agencies. The IMF's 'World Economic Outlook April 2021' report (released overnight) upgraded Australia's GDP growth to 4.5% this year from 3.5% forecast in January ...

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 ...