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Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
After two days of deliberation, the Federal Reserve has decided to retain the status quo.

Chief economist update: Low for longer

BENJAMIN ONG  |  THURSDAY, 29 APR 2021
Latest inflation figures released by the Australian Bureau of Statistics underscore both the Reserve Bank of Australia's prescience and governor Philip Lowe's expectation that the official cash rate will remain low until at least 2024.

Go, iron ore, go

BENJAMIN ONG  |  WEDNESDAY, 28 APR 2021
Just a little more and the spot price of iron ore will be line ball with the all-time high set in February 2011.

Chief economist update: Tomorrow never dies

BENJAMIN ONG  |  MONDAY, 26 APR 2021
Wall Street rebounded big time on Friday and, following latest indications, the world's economic recovery is assured.

Chief economist: Of capital gains taxes, COVID-19 and climate change

BENJAMIN ONG  |  FRIDAY, 23 APR 2021
It's bad news day on Wall Street overnight with all four its benchmark equity market indices flashing red. The S&P 500, the DJIA and the Nasdaq dropped by 0.9% each, while the Russell 2000 had a smaller decline of 0.3%.

Chief economist update: Bank of Canada walks the talk

BENJAMIN ONG  |  THURSDAY, 22 APR 2021
In taking the first step towards normalising monetary policy, the Bank of Canada sends a powerful message that its optimism is more than lip service.

Chief economist update: The pause that refreshes

BENJAMIN ONG  |  WEDNESDAY, 21 APR 2021
At the end of the day, US monetary and fiscal policies will remain not only accommodative but stimulative until they are convinced that recovery has become sustainable.

Chief economist update: Copper 10,000

BENJAMIN ONG  |  TUESDAY, 20 APR 2021
At the current price of US$9,415.00, copper's only 5.9% away from its decade peak; not a tall ask given current strong upward momentum and underlying fundamentals.

Chief economist update: Bubble, bubble getting out of trouble

BENJAMIN ONG  |  MONDAY, 19 APR 2021
The Trans-Tasman bubble marks a fresh and significant step into normalising life after the COVID-19 pandemic.

Chief economist update: Australians all let us rejoice

BENJAMIN ONG  |  FRIDAY, 16 APR 2021
Employment increased to 13,077,600 - and now has overtaken its previous peak of 13,008,670 before the pandemic and the social restrictions and lockdowns.