Economics
Chief economist update: US consumer sentiment cops bullet
BENJAMIN ONG  |  MONDAY, 21 JAN 2019
US consumer sentiment declined in early January to its lowest level since President Donald Trump was elected. The decline was primarily focused on prospects for the domestic economy.
Chief economist update: Australian property market slump
BENJAMIN ONG  |  FRIDAY, 18 JAN 2019
Homebuyers can afford to wait for property prices to come down some more, the RBA cannot.
Chief economist update: Crude oil to the rescue
BENJAMIN ONG  |  THURSDAY, 17 JAN 2019
Brexit uncertainty remains in the headlines but the recent decline in crude oil prices reflects both the slowdown in global activity (weaker demand) and the world central banks' more dovish leaning, easing inflation pressure.
Chief economist update: disUnited Kingdom
BENJAMIN ONG  |  WEDNESDAY, 16 JAN 2019
It's ironic that for a country known as the United Kingdom, there seems to be an absence of well, unity.
Chief economist update: The curse of Japan's consumption tax hike
BENJAMIN ONG  |  TUESDAY, 15 JAN 2019
Despite some signs of improvement in economic activity, inflation remains stubbornly stuck below the Bank of Japan's target.
Budget surplus unlikely as economy stalls: Fitch
OSKAH DUNNIN  |  TUESDAY, 15 JAN 2019
Economic slowdown and waning tax revenue is set to delay the Federal Government's 2019/20 financial year surplus, according to market analysts at Fitch Solutions.
Chief economist update: Safe as burning houses
BENJAMIN ONG  |  MONDAY, 14 JAN 2019
While still orderly, the decline in Australian property prices could morph into a more problematic one as headlines and concerns over further price falls become a self-fulfilling prophecy.
Fed's pause becomes the ECB's problem
BENJAMIN ONG  |  FRIDAY, 11 JAN 2019
Needless to say, the continued appreciation of the euro vis-a-vis Uncle Sam's currency would exacerbate the negative momentum with regards to the region's growth and inflation prospects.
Fed steady with a slight chance of a rate cut
BENJAMIN ONG  |  THURSDAY, 10 JAN 2019
Fed funds futures trading show that US interest rates would remain unchanged through to the end of 2019 - with a small chance that the Fed could CUT rates by 25 bps this year or the next.
Why the RBA has reason to cut rates in 2019
BENJAMIN ONG  |  WEDNESDAY, 9 JAN 2019
Our resident chief economist explains why the continued drop in property prices could force the RBA to defy consensus and cut rates.
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