Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

General

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 ...

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.

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.

CBA refunds $7.6 million to 8400 customers

DARREN SNYDER  |  MONDAY, 19 OCT 2015
The Commonwealth Bank (CBA) has started contacting more than 8000 customers to refund a total of $7.6 million after failing to apply fee waivers and ongoing benefits to its AgriAdvantage Plus package holders.

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.

Big trouble in big China

BENJAMIN ONG  |  WEDNESDAY, 14 OCT 2015
We're certainly in terrible trouble now. It couldn't be your normal garden variety profit-taking, pocketing some of last week's cream off the top, simple portfolio rebalancing, or a mere random walk. No siree! There's big trouble in big China and it'll ...