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Economics

Chief economist update: RBA more likely to cut

BENJAMIN ONG  |  MONDAY, 3 DEC 2018
While the RBA has explicitly stated that the next move in rates would likely be up rather than down, and financial markets are betting on the same, mounting challenges to global and domestic economies are pointing in the opposite direction.

Chief economist update: The angel in the capex details

BENJAMIN ONG  |  FRIDAY, 30 NOV 2018
The details of the Australian capex report suggest good tidings ahead. Capital spending intentions are rising.

Chief economist update: Powell Power

BENJAMIN ONG  |  THURSDAY, 29 NOV 2018
Merry Christmas! It would even be merrier if Trump and Xi's meeting in Argentina this weekend leads to ceasefire in the trade war.

Chief economist update: The art of the deal in action

BENJAMIN ONG  |  WEDNESDAY, 28 NOV 2018
The mounting evidence that China's economy is slowing could force China to kowtow to Donald Trump's demands.

Chief economist update: Is TLTRO III coming?

BENJAMIN ONG  |  TUESDAY, 27 NOV 2018
There are fresh speculations that the ECB could launch targeted longer-term refinancing operations (TLTROs) as soon as next month or early next year.

Chief economist update: Wall Street in drunken sailor's shadow

BENJAMIN ONG  |  MONDAY, 26 NOV 2018
This random walk in US equities has been likened to a "drunken sailor" wandering the streets.

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

BENJAMIN ONG  |  FRIDAY, 23 NOV 2018
Japanese measures of inflation remain about where they were at the beginning of the year.

Chief economist update: Predictions allude to frozen RBA

BENJAMIN ONG  |  THURSDAY, 22 NOV 2018
Given current forecasts, it'll be a brave RBA that will raise interest rates come 2020.

Chief economist update: Thanks for nothing

BENJAMIN ONG  |  WEDNESDAY, 21 NOV 2018
By raising interest rates (along with QE tapering), the Fed is siphoning liquidity from the rest of the world.

Chief economist update: Finding neutral

BENJAMIN ONG  |  TUESDAY, 20 NOV 2018
But where exactly is the neutral level of US interest rates?