Search ResultsShowing 1 - 10 of 100+ results for "Wall Street"
Charles Schwab reverses out of Australia again
KANIKA SOOD  |  MONDAY, 19 AUG 2019
... and sluggish progress in meeting its financial goals, with pre tax charges totaling US $35 million, according to Wall Street Journal. At the time, TD Waterhouse Investor Services was reported as having agreed to buy Charles Schwab Australia's ...
Chief economist update: US recession a sure thing
BENJAMIN ONG  |  MONDAY, 19 AUG 2019
... spread between the yield on 10-year and two-year US Treasuries - of the past week have eased (for now), sending Wall Street on a rebound on the last day of last week's trading. Wall Street's bounce back was retro-fitted with positive ...
Chief economist update: Will Australia avoid another global recession?
BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
... contingency. The Fed's mulling negative interest rates; the ECB's forward-guiding, according to the 'Wall Street Journal', "a package of stimulus measures at its next policy meeting in September that should exceed investors' ...
Deutsche chief to buy shares amid turmoil
ELIZABETH MCARTHUR  |  TUESDAY, 9 JUL 2019
... execution." Eigendorf asked whether the bank exiting global equities and making the cuts means a farewell to Wall Street for Deutsche, but Sewing was adamant that isn't the case. "We want to put the resources where we can win... and we will do ...
Chief economist update: Australia needs a cheaper A$
BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
If it were posted on Facebook, Wall Street would have "unliked" the strong US non-farm payrolls report for June - up a bigger-than-expected 224,000 from 72,000 in May. Meanwhile, the unemployment rate ticked up to 3.7% from 3.6% in May, remains ...
Chief economist update: US recession in the offing
BENJAMIN ONG  |  MONDAY, 3 JUN 2019
... bond yields closed at 2.14% - the lowest since January this year - and the VIX index jumped by 18.2% on the day. Wall Street's reaction is to be expected particularly given Trump's latest bombshell comes in the midst of its escalating ...
Chief economist update: It'll hurt me more than it hurts you
BENJAMIN ONG  |  FRIDAY, 24 MAY 2019
... As expected, the Ministry of Finance of the People's Republic of China announced (before the opening bell on Wall Street on Monday, the May 13) that it's imposing increased tariffs on a total of 5,140 products imported from the US (worth ...
Chief economist update: A tariff for a tariff
BENJAMIN ONG  |  TUESDAY, 14 MAY 2019
... tariff tat. The Ministry of Finance of the People's Republic of China announced (before the opening bell on Wall Street) that it's imposing increased tariffs on a total of 5140 products imported from the US (worth around US$60 billion) ...
Chief economist update: The tweet that reignited the trade war
BENJAMIN ONG  |  TUESDAY, 7 MAY 2019
... efforts towards boosting growth and inflation in the economy. And the Euro Stoxx-50 index lost 1.1%. As for Wall Street, the S&P 500 index dropped by as much as 1.6% overnight before closing 0.5% lower; the Dow fell by as much as 1.8% before ...
Chief economist update: Fed on ice
BENJAMIN ONG  |  THURSDAY, 21 MAR 2019
If there's anything that captures the greed on Wall Street, it's the US equity market's reaction to the Fed's decision following its 15-16 March 2019 FOMC meeting. The Fed gave the markets what they expected - it kept the Fed funds ...
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