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Economics

Chief economist update: An Indian surprise

BENJAMIN ONG  |  MONDAY, 8 OCT 2018
The Reserve Bank of India defied expectations following another rate hike.

Chief economist update: US bond yield jump made FTSE slump

BENJAMIN ONG  |  FRIDAY, 5 OCT 2018
The jump in US bond yields would hasten the Bank of England 's rate hikes - not because of bank's optimistic observation on the domestic economy.

Chief economist update: That other Fed policy towards normalcy

BENJAMIN ONG  |  THURSDAY, 4 OCT 2018
The surge in long bond yields could be due to the Fed's normalisation policy - its balance sheet unwind.

Chief economist update: Keep one eye open on the housing market

BENJAMIN ONG  |  WEDNESDAY, 3 OCT 2018
The housing market bubble is deflating in an orderly fashion. But the RBA should be alert that this doesn't build momentum and render its optimistic forecasts undone.

NAFTA's dead, welcome USMCA

BENJAMIN ONG  |  TUESDAY, 2 OCT 2018
US President Donald Trump struck a last minute trade deal for Canada to re-join the new NAFTA, which henceforth shall be called the US-Mexico-Canada Agreement (USMCA).

RBNZ on ice into 2020

BENJAMIN ONG  |  FRIDAY, 28 SEP 2018
There were some moments so far in 2018 when it perked up against the US dollar but the path of least resistance has been a decline for the New Zealand dollar.

Three down one to go, then another three in 2019

BENJAMIN ONG  |  THURSDAY, 27 SEP 2018
As expected, the US Federal Reserve lifted the fed funds rate target range by 25 basis points to 2.0%-2.25% following its FOMC meeting.

Chief economist update: Surplus here we come

BENJAMIN ONG  |  WEDNESDAY, 26 SEP 2018
Australia's 'Final Budget Outcome' report shows the country's budget deficit dwindled to $10.1 billion in FY18.

OPEC is not to blame

BENJAMIN ONG  |  TUESDAY, 25 SEP 2018
It's not only OPEC (and non-OPEC oil producers) to blame. US President Donald Trump also had a hand in sending the price of oil higher when he reimposed sanctions on Iran in August this year.

Chief economist update: Stability is doing it for Japan

BENJAMIN ONG  |  MONDAY, 24 SEP 2018
Another new set of tariffs will take effect today in the on-going Sino-US trade battle.