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Showing 1051 - 1060 of 3653 results for "interest rates"

Citi launches currency product, targets HNW investors

DARREN SNYDER  |  MONDAY, 4 JUN 2018
... Pound and Euro accounts in real time to take advantage of foreign exchange movements Citi is offering variable interest rates as high as 2.25% for those investing more than $250,000, and narrower foreign exchange spreads. The currency holdings are linked ...

Chief economist update: Should have sold in May and gone away

BENJAMIN ONG  |  TUESDAY, 29 MAY 2018
... loosened but monetary policy remains accommodative with the Reserve Bank of Australia (RBA) not expected to raise interest rates until sometime next year. But while the Australian domestic narrative is a good story to tell - even the Royal Commission ...

Chief economist update: Erdogan's Turkey is cooked

BENJAMIN ONG  |  FRIDAY, 25 MAY 2018
... Argentina two weeks before, Turkey is in the firing line. The Banco Central de la Republica Argentina (BCRA) raised interest rates by 675 basis points to a whopping 40% on May 4. This was from 33.35% and the day before the previous week's hike to ...

Chief economist update: Wisdom of the crowd

BENJAMIN ONG  |  MONDAY, 21 MAY 2018
... rate hikes. What's wrong with that? A strengthening US economy (or any economy for that matter) demands higher interest rates. As Reserve Bank of Australia (RBA) Governor, Philip Lowe, told his audience at the Australia-Israel Chamber of Commerce ...

Chief economist update: Stuck in the very slow lane

BENJAMIN ONG  |  WEDNESDAY, 16 MAY 2018
... RBA's accommodative policy stance. Reading between the lines of Debelle's speech, the RBA won't raise interest rates until wages and household income grow faster than they have in recent times. "How much longer is wages growth going to remain ...

Chief economist update: BOE fails market expectations

BENJAMIN ONG  |  FRIDAY, 11 MAY 2018
... (BOE), I speak of. A few months before last night, the British central bank signalled that another small increase in interest rates is nigh, sparking speculations that the BOE would top up its 25 bps hike in November 2017 that took the Bank rate up to ...

Volatility divides investors: Survey

KARREN VERGARA  |  WEDNESDAY, 9 MAY 2018
... volatility is cause for serious investor concern. Respondents noted the top three risks they are facing are: rising interest rates (55%), volatility spikes (47%, and liquidity (36%). Most agreed rate increases were negative for overall portfolio performance ...

Chief economist update: Crying for Argentina

BENJAMIN ONG  |  MONDAY, 7 MAY 2018
The Argentinian central bank lifted interest rates, a move intended to stem the sharp and rapid depreciation of the Argentine peso and by extension put downward pressure on inflation. Whoa! Fret not whether the Fed is going to raise interest rates by ...

Chief economist update: A$ falls to the occasion

BENJAMIN ONG  |  WEDNESDAY, 2 MAY 2018
... respective currency's exchange rate low, the market is doing it for Australia sans a single bullet shot - a cut in in interest rates or QE - to get the same result. Only yesterday, when the Reserve Bank of Australia (RBA) met and decided to keep the ...

RBA names new chief information officer

ALEX BURKE  |  FRIDAY, 27 APR 2018
... RBA deciding to leave the cash rate at 1.5%. Explaining this, RBA Governor Philip Lowe said: "The low level of interest rates is continuing to support the Australian economy. Further progress in reducing unemployment and having inflation return to target ...