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Showing 81 - 90 of 1068 results for "oil prices"

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
... that market participants have marked down their view of economic growth going forward, perhaps because of the rise in oil prices." "But this interpretation does not mesh seamlessly with the rise in stock prices and the narrowing of credit spreads observed ...

Chief economist update: Oil market slides from bull to bear

BENJAMIN ONG  |  FRIDAY, 7 JUN 2019
Crude oil prices have dropped, turning this year's bull market into a bear market. Oil prices rallied nearly 50% from January to April this year on the back of the Fed's pause; China's stimulus measures and expectations of continued easy ...

Chief economist update: The bad oil

BENJAMIN ONG  |  FRIDAY, 12 APR 2019
... January and from 3.7% predicted in its October 2018 outlook papers. As a result, the IMF also estimates that crude oil prices would drop by 13.4% this year from an average price of US$68.33 per barrel in 2018 to US$59.16. This makes sense. Lower global ...

Chief economist update: The RBI surprises (again)

BENJAMIN ONG  |  MONDAY, 25 FEB 2019
... expectations. Can't blame them, although Indian inflation was slowing at the time, the rupee's depreciation and soaring oil prices gave perfect rationales for these rising inflation expectations. But as I keep pointing out, economies don't ...

Chief economist update: A pretty portrait of an emerging market

BENJAMIN ONG  |  MONDAY, 11 FEB 2019
... cetera. But in the case of Manila, the peso's depreciation compounded the inflationary pressure brought on by rising oil prices (at the time), the TRAIN (Tax Reform for Acceleration and Inclusion) law that took effect on 1 January 2018. Together ...

Chief economist update: Crude oil to the rescue

BENJAMIN ONG  |  THURSDAY, 17 JAN 2019
... cash rate at a record low 1.5% steady in 2019 before lifting them in 2020 (if at all). The recent decline in crude oil prices reflects both the slowdown in global activity - weaker demand - and the world central banks' more dovish leaning - easing ...

Chief economist update: RBA more likely to cut

BENJAMIN ONG  |  MONDAY, 3 DEC 2018
... at 5% - but inflation has softened (headline down to 1.9% in the September quarter (from 2.1) - the sharp decline in oil prices and slight increase in the Australian dollar would further damp inflation pressures going forward. In its November statement ...

Chief economist update: Where are the BOJ exit speculators now?

BENJAMIN ONG  |  FRIDAY, 23 NOV 2018
... of typhoons that hit the country - and energy (up 8.9%). Calmer weather conditions and the sharp reversal in crude oil prices suggest a corresponding tick down in headline inflation in the coming months. Core inflation (excluding food) remained unchanged ...

Chief economist update: Cheaper oil greases wheels of growth

BENJAMIN ONG  |  MONDAY, 12 NOV 2018
The bull market in crude oil is no more. Just a month ago and a bit, rumour on the street was that crude oil prices would soar to around US$100 a barrel and beyond. No one could be faulted for believing this. Not after Saudi Arabia and Russia's ...

Chief economist update: Oil slick

BENJAMIN ONG  |  WEDNESDAY, 7 NOV 2018
... non-OPEC nations meeting in Algiers on September 23. And then the fall, proving once more that the cure for rising oil prices is... rising oil prices. This is particularly true for emerging nations which, along with currency depreciation, experienced ...