Economics
Chief economist update: Where are the BOJ exit speculators now?
BENJAMIN ONG  |  FRIDAY, 23 NOV 2018
Japanese measures of inflation remain about where they were at the beginning of the year.
Chief economist update: Predictions allude to frozen RBA
BENJAMIN ONG  |  THURSDAY, 22 NOV 2018
Given current forecasts, it'll be a brave RBA that will raise interest rates come 2020.
Chief economist update: Thanks for nothing
BENJAMIN ONG  |  WEDNESDAY, 21 NOV 2018
By raising interest rates (along with QE tapering), the Fed is siphoning liquidity from the rest of the world.
Chief economist update: Finding neutral
BENJAMIN ONG  |  TUESDAY, 20 NOV 2018
But where exactly is the neutral level of US interest rates?
Chief economist update: The money is one Fed rate hike next year
BENJAMIN ONG  |  MONDAY, 19 NOV 2018
The CME FedWatch Tool shows probability of the Fed funds rate at 2.75% by the Fed's last meeting in 2019 is the highest at 35.3% (up from 29.4% a month ago). Are financial markets now putting their money on just one more rate hike next year?
Chief economist update: Slowing in sync
BENJAMIN ONG  |  FRIDAY, 16 NOV 2018
For better or poorer, economic uncertainties have now turned the synchronised global upswing of 2017 and early 2018 into a synchronised global slowing (including the US), based on Markit PMI surveys.
Chief economist update: Faster wages growth a one-off?
BENJAMIN ONG  |  THURSDAY, 15 NOV 2018
Don't pop that champagne cork yet. Australian wages growth could be a one-off.
Chief economist update: Buy the dip or sell the rallies?
BENJAMIN ONG  |  TUESDAY, 13 NOV 2018
Wall Street should be channeling R. Kelly, singing "I believe I can fly, I believe I can touch the sky."
Chief economist update: Cheaper oil greases wheels of growth
BENJAMIN ONG  |  MONDAY, 12 NOV 2018
Lower oil prices may be bad for energy companies and oil producing/exporting countries but they're a blessing for others. The reason being that lower oil prices are, net-net, positive for growth. They increase household disposable income, lifting consumption ...
Chief economist update: As safe as Australian houses?
BENJAMIN ONG  |  THURSDAY, 8 NOV 2018
The correction in Australia's housing market remains orderly but it also raises doubt with regards to the Reserve Bank of Australia's statement that the next move in interest rates will likely be up.
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