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Economics

Not this year

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2015
While financial markets have stabilised, last week's policy surprise announcements from the ECB and the PBOC - a potential BOJ surprise this coming Friday would no longer be surprise - provide a just-in-time reminder that all's not well in the world ...

Hotel California

BENJAMIN ONG  |  TUESDAY, 27 OCT 2015
A dovish statement from the Fed could weaken the US dollar - i.e. strengthen the euro and the yen and other currencies - necessitating even more stimulus from other central banks and then we go round and round "like a circle in a spiral, like a wheel ...

Christmas in October

BENJAMIN ONG  |  MONDAY, 26 OCT 2015
Central banks are coming to town - and they've loaded lots of toys and goodies on their sleigh.

Santa Mario brings cheers

BENJAMIN ONG  |  FRIDAY, 23 OCT 2015
"The degree of monetary-policy accommodation will need to be reviewed at our December meeting when new macroeconomic projections will be available. We want to be vigilant, as people used to say in the old times."

Sunrise, sunset

BENJAMIN ONG  |  THURSDAY, 22 OCT 2015
Economic activity had been deteriorating - increasing the risk of another recession -- that it has raised expectations that the BOJ provide more accommodation, perhaps, as soon as its next Board meeting on 30 October.

OPINION: What to do with the Tax White Paper!

ANDREW BRAGG, DIRECTOR OF POLICY, FINANCIAL SERVICES COUNCIL  |  WEDNESDAY, 21 OCT 2015
The timing and process of the Tax White Paper (WTP) is critical given the 12 month window until the next election.

Quantitative easing eases bank lending

BENJAMIN ONG  |  WEDNESDAY, 21 OCT 2015
The ECB Bank Lending Survey that showed lending conditions continued to ease in the third quarter.

China should have hardlanded

BENJAMIN ONG  |  TUESDAY, 20 OCT 2015
If you don't believe the numbers, just change the metric.

Lift-off off

BENJAMIN ONG  |  FRIDAY, 16 OCT 2015
For sure and for certain the Fed will have to lift some time, what is uncertain is when.

WBC rate lift pressures RBA rate cut

BENJAMIN ONG  |  THURSDAY, 15 OCT 2015
Financial markets are now pricing a 57% 25 basis point snip in the official cash rate at the RBA's November meeting, up from less than 40% before WBC's announcement. Citi is 100% sure of a rate cut by February next year.