Chief economist update: That other Fed policy towards normalcy
BENJAMIN ONG  |  THURSDAY, 4 OCT 2018
The surge in long bond yields could be due to the Fed's normalisation policy - its balance sheet unwind.
Chief economist update: Keep one eye open on the housing market
BENJAMIN ONG  |  WEDNESDAY, 3 OCT 2018
The housing market bubble is deflating in an orderly fashion. But the RBA should be alert that this doesn't build momentum and render its optimistic forecasts undone.
NAFTA's dead, welcome USMCA
BENJAMIN ONG  |  TUESDAY, 2 OCT 2018
US President Donald Trump struck a last minute trade deal for Canada to re-join the new NAFTA, which henceforth shall be called the US-Mexico-Canada Agreement (USMCA).
RBNZ on ice into 2020
BENJAMIN ONG  |  FRIDAY, 28 SEP 2018
There were some moments so far in 2018 when it perked up against the US dollar but the path of least resistance has been a decline for the New Zealand dollar.
Three down one to go, then another three in 2019
BENJAMIN ONG  |  THURSDAY, 27 SEP 2018
As expected, the US Federal Reserve lifted the fed funds rate target range by 25 basis points to 2.0%-2.25% following its FOMC meeting.
Chief economist update: Surplus here we come
BENJAMIN ONG  |  WEDNESDAY, 26 SEP 2018
Australia's 'Final Budget Outcome' report shows the country's budget deficit dwindled to $10.1 billion in FY18.
OPEC is not to blame
BENJAMIN ONG  |  TUESDAY, 25 SEP 2018
It's not only OPEC (and non-OPEC oil producers) to blame. US President Donald Trump also had a hand in sending the price of oil higher when he reimposed sanctions on Iran in August this year.
Chief economist update: Stability is doing it for Japan
BENJAMIN ONG  |  MONDAY, 24 SEP 2018
Another new set of tariffs will take effect today in the on-going Sino-US trade battle.
Chief economist update: China shares inclusion in MSCI is a blessing and a curse
BENJAMIN ONG  |  MONDAY, 17 SEP 2018
Funds did indeed flow, but it was out rather than into China as emerging markets tumbled, prompted by the escalation of Sino-Yankee trade tensions and the US dollar appreciation.
Chief economist update: Steady as she goes
BENJAMIN ONG  |  FRIDAY, 14 SEP 2018
Yesterday's European Central Bank's Governing Council meeting would have been a big ho-hum were it not for some minor, albeit significant, tweaks in the bank's outlook.
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