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Showing 81 - 90 of 402 results for "Washington"

RBA downplays likelihood of further rate cuts

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
... some improvement in the Australian economy and a step closer to the RBA's full employment aim of 4.5%. Speaking in Washington to the IMF, Lowe said that the central banks rate cuts and government tax cuts have been effective at supporting the domestic ...

Chief economist update: Synchronised forecasts for a synchronised slowdown

BENJAMIN ONG  |  WEDNESDAY, 9 OCT 2019
... human rights abuses. SCMP reported China toning down expectations ahead of Thursday's high-level trade talks in Washington. While Vice-Premier Liu to lead delegation, he will not carry "special envoy" title. Delegaton also cut short stay in Washington ...

Chief economist update: Are capital markets the next Sino-US battleground?

BENJAMIN ONG  |  MONDAY, 30 SEP 2019
... "national security" as he did with the lifting of tariffs. The bottomline, a de-escalation of the trade war between Washington and Beijing would be a surprise (a pleasant one) given current sentiments. But an escalation would be a more likely outcome ...

Chief economist update: Foolish takeaway on US-China talks

BENJAMIN ONG  |  FRIDAY, 6 SEP 2019
... mammoth IF), BBC writes: "On 1 October, the US plans to raise an existing 25% tariff on some Chinese products to 30%." "Washington then plans to deliver a wave of new tariffs on Chinese goods, ranging from footwear to telephones, on 15 December. "China ...

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
... others. They were strong too at the time of the late 1990s and mid-2000s yield curve inversions. The good news is that Washington is not having any of these excuses. It's preparing for the worst. According to Factset: "Press continued to focus on ...

Chief economist update: RBA heading to zero

BENJAMIN ONG  |  WEDNESDAY, 7 AUG 2019
... its back-to-back 25 bps interest rate cuts in June and July. The re-escalation of the trade war between Beijing and Washington gave meat to its statement that "the increased uncertainty generated by the trade and technology disputes is affecting investment ...

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
... economy - our biggest export client - and the downward pressure exerted on it by Beijing's on-going trade war with Washington. Much will depend on the Fed - and its bias/action on the fed funds rate. The RBA would have to at least match the Fed's ...

Chief economist update: Iron ore on the up and up

BENJAMIN ONG  |  MONDAY, 1 JUL 2019
The way it's going, the rally in iron ore prices will keep on going and going. Iron ore prices ended the first half of 2019 at US$109.18/metric tonne, representing a 57.8% rally from the US$69.20 it fetched six months earlier. The world's largest ...

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  MONDAY, 27 MAY 2019
... Trump is not only by becoming rich but also by making his neighbours poorer. Not only is Trump "draining the swamp in Washington DC" as he pledged during his presidential campaign in 2016, he's also draining the tide that lifts all boats... including ...

Chief economist update: Japan becomes collateral damage in US-China trade war

BENJAMIN ONG  |  WEDNESDAY, 15 MAY 2019
... year's 2.7% appreciation. Safe haven purchases of the yen following the resumption of trade hostilities between Washington and Beijing sent the Japanese currency higher by 1.8% from the previous week, so much so it's year-to-date depreciation ...