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Economics

Chief economist update: A prelude to an RBA cut?

BENJAMIN ONG  |  WEDNESDAY, 6 JUN 2018
The general consensus is for a 25 basis point lift sometime in the second quarter of 2019. But why a lift? The RBA could still move in the other direction and lower interest rates.

Chief economist update: Rush hour is over for the BOE

BENJAMIN ONG  |  TUESDAY, 5 JUN 2018
With economic activity and inflation in the UK slowing, the Bank of England would no longer be in a hurry to raise interest rates.

Chief economist update: China's neo-great leap forward

BENJAMIN ONG  |  MONDAY, 4 JUN 2018
June 1 marked the day when MSCI included Chinese A-shares into its benchmark MSCI Emerging Markets Index, MSCI All Country World Index and MSCI China Index.

Chief economist update: Capex and credit and the trade war

BENJAMIN ONG  |  FRIDAY, 1 JUN 2018
Australia - tariff-exempt as it may be - wouldn't be able to escape the negative consequences of an all-out trade war, i.e. weaker global growth, rising inflation and reduced profits.

Chief economist update: Building approvals on a slowing trend

BENJAMIN ONG  |  THURSDAY, 31 MAY 2018
The bottom line is that the trend estimates suggest a slow and orderly deflation in Australia's housing market.

Chief economist update: "Quitaly"

BENJAMIN ONG  |  WEDNESDAY, 30 MAY 2018
Suddenly the jokes that sprout following Brexit and Grexit is becoming real. This time, it could be "Quitaly". There's also an emerging problem in Spain but, at this point, it's still early to call for a "Madriddance".

Chief economist update: Should have sold in May and gone away

BENJAMIN ONG  |  TUESDAY, 29 MAY 2018
The sharp turnaround in the All Ordinaries index from its 2018 low to its most recent high had almost prompted me to declare this year is one that the "sell in May" adage didn't apply.

Chief economist update: Italy and Spain an emerging ECB problem

BENJAMIN ONG  |  MONDAY, 28 MAY 2018
While the euro's recent depreciation is partly a function of US dollar strength, it's also due to the political uncertainty that's emerging in Italy and Spain.

Aussie CEOs understand ESG risks: KPMG

HARRISON WORLEY  |  MONDAY, 28 MAY 2018
Australian chief executives believe they must look beyond financial growth to ensure long-term sustainable success.

Chief economist update: Erdogan's Turkey is cooked

BENJAMIN ONG  |  FRIDAY, 25 MAY 2018
Erdogan's belief that high interest rates cause inflation is a worry in itself but worry more about his pledge to take greater control of monetary policy if he wins re-election at the June 24 poll.