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Economics

Raising rates on soybeans

BENJAMIN ONG  |  MONDAY, 31 OCT 2016
So many times over the past year, the Fed had been kept away from lifting rates as it planned by global ructions in one form or the other - e.g. China devaluation, emerging market outflows, Brexit - but this time, the global seas appear to be calmer.

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 28 OCT 2016
Australia terms of trade improve; US core orders down, pending homes sales up; UK GDP growth accelerates; Japan remains in deflation.

CPI says RBA no go on Melbourne Cup Day

BENJAMIN ONG  |  THURSDAY, 27 OCT 2016
But while November appears to be a cut and dried deal for a nil rate cut - and perhaps even December 2016 - some are still betting for at least one more at the other side of the New Year. This may very well be but to use Janet Yellen's words, it depends ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 26 OCT 2016
US consumer confidence down/house prices up; UK industrial trends down/business optimism improves; German business sentiment and PMI up.

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 25 OCT 2016
US, Eurozone and Japan PMI readings all good; Japan posts trade surplus; South Korean GDP growth beats expectations.

The Fed "live" in November

BENJAMIN ONG  |  MONDAY, 24 OCT 2016
Janet's willing to let inflation overshoot the Fed's target but even then recent data show that there's little risk of that happening in the very near future.

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 21 OCT 2016
ECB keeps policy unchanged; Australian employment decline; US existing home sales increase; UK retail sales flat but still record best quarter since December 2014.

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 20 OCT 2016
Australia leading index points to above trend growth in economy; US housing starts drops; Chinese economy stable; Still no Brexit fall-out in UK labour market.

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 19 OCT 2016
Australia new motor vehicle sales rise to record high; US and UK CPI inflation accelerates; Indonesia trade surplus gains.

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 18 OCT 2016
US industrial production and Empire State manufacturing survey disappoint while inflation measures in China and the Eurozone accelerate.