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Showing 1001 - 1010 of 4003 results for "Cut"

Chief economist update: US consumer power

BENJAMIN ONG  |  MONDAY, 25 NOV 2019
... that the probabilities of the US central bank maintaining the fed funds rate at the 1.50%-1.75% are all higher than a rate cut starting from its December 2019 FOMC meeting right through its next six meetings in 2020 (September 2020). The likelihood of ...

Financial planning pioneer to speak at FPA Congress

KANIKA SOOD  |  FRIDAY, 22 NOV 2019
Mitch Anthony, who pioneered life-centered financial advice, will address the annual FPA Congress next week. He spoke to Financial Standard about what advisers can expect from his session. Mitch Anthony has been a thought leader in financial planning ...

Retail fund renews insurer, cuts premiums

KANIKA SOOD  |  WEDNESDAY, 20 NOV 2019
A retail superannuation fund has reappointed OnePath as its insurer, and is trimming premiums by about 20%. Virgin Money Super has renewed OnePath Life for three years starting December 1. The mandate is for death, total and permanent disablement (TPD) ...

Chief economist update: The PBOC stimulates

BENJAMIN ONG  |  TUESDAY, 19 NOV 2019
... the case of the People's Bank of China (PBOC), it's going for growth. In a surprise move, the Chinese central bank cut its seven-day reverse repo rate from 2.55% to 2.5% yesterday - the first rate reduction in four years (October 2015). Markets ...

No plan to cut out advisers: SPDR chair

KANIKA SOOD  |  MONDAY, 18 NOV 2019
State Street's global chair for its ETF business says it will continue to be anchored to adviser-led distribution in Australia and not seek to launch a direct-to-consumer push. Visiting Australia last week, SPDR Global chair Jim Ross said it was ...

The AUD is key

BENJAMIN ONG  |  MONDAY, 18 NOV 2019
I painted a picture of the latest domestic surveys and stats last week arguing that the RBA would need to cut interest rates some more to try and reverse the trend deterioration in the domestic economy. In it I briefly touched on the Australian dollar ...

Morgan Stanley's top picks for Aussie ETFs

KANIKA SOOD  |  FRIDAY, 15 NOV 2019
... Australian exposure in multi-asset portfolios, sent out late in September. BetaShares and BlackRock's products made the cut for vanilla ASX 200 exposure. The more expensive of the two, the BlackRock iShares CORE S&P/ASX 200 (ASX:IOZ) got Morgan Stanley's ...

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
RBA rate cut expectations strengthened after the release of worse-than-expected Australian labour market report. Duh! If financial markets were waiting for the jobs report to raise the odds of another Reserve Bank of Australia (RBA) rate reduction ...

FS Roundtable: Striking the perfect balance

KARREN VERGARA  |  THURSDAY, 14 NOV 2019
... Amid the share market volatility, spiraling global debt, interest rate worries and difficulty in generating yield, the firm cut its 80% equity exposure to 40% and sits firmly in an asset allocation dominated by fixed interest. Shifting away from equities ...

Chief economist update: The A$ will answer the question of how much more

BENJAMIN ONG  |  TUESDAY, 12 NOV 2019
... technical assumptions "include the cash rate moving in line with market pricing". Markets are currently pricing another rate cut by February 2020 or as early as December this year. Maybe not that soon but the SoMP confesses to at least another rate reduction ...