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

Search Results

Showing 91 - 100 of 122 results for "CBO"

Cboe Chi-X takeover progresses

ELIZABETH MCARTHUR  |  TUESDAY, 27 APR 2021
Cboe's imminent takeover of challenger Chi-X is set to see the exchange gain significant scale. Chi-X chief executive Vic Jokovic said he would be staying on as chief executive after the acquisition. "We've signed. There'll be a deal in, I expect two ...

Chief economist update: No fear

BENJAMIN ONG  |  MONDAY, 12 APR 2021
The coronavirus optimism that prevailed over the dying weeks of 2020 and into the first quarter of this year has been replaced by concerns over the resurgence in infections - in Europe, India, Japan, South Korea and lately, the US, among others - caused ...

Chief economist update: Too much of a good thing could be a bad thing

BENJAMIN ONG  |  WEDNESDAY, 31 MAR 2021
... 2020's, it's also sparking concern over inflation and soaring US debt - according to the Congressional Budget Office (CBO), America's public debt soared from US$9 trillion to US$21 trillion between 2010 and 2020. So much so that benchmark ...

Cboe acquires Chi-X

ELIZABETH MCARTHUR  |  THURSDAY, 25 MAR 2021
Cboe Global Markets has entered into a definitive agreement to acquire Chi-X Asia Pacific, Australia's most significant competitor exchange to the ASX. The transaction is expected to close in the second or third quarter of 2021, subject to regulatory ...

Chief economist update: The do-nothing Fed

BENJAMIN ONG  |  THURSDAY, 18 MAR 2021
... 3.3% in 2022 (from 3.2%); before tapering to 2.2% in 2023 (from 2.4%) - still above the US Congressional Budget Office's (CBO) estimate of America's potential growth rate of 2.0%. The unemployment rate would be lower. It's now seen at 4.5% ...

Chief economist update: Overvaluation tests FOMO and TINA trades

BENJAMIN ONG  |  MONDAY, 1 FEB 2021
Wall Street's down. Repeat, Wall Street's down! The CBOE VIX index - the fear gauge - jumped by 9.5% in the last trading day of the first month of 2021 to 33.09 points, marking the highest since the renewed COVID-19 outbreak in Europe that subsequently ...

BlackRock iShares launches two ETFs

KANIKA SOOD  |  FRIDAY, 29 MAY 2020
iShares today listed two exchange traded funds on the ASX that invest in Australian corporate bonds. The iShares Yield Plus ETF (IYLD) tracks a customised Bloomberg index that measures the performance of the Australian corporate bond market after excluding ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 11 MAY 2020
"Happiness equals reality minus expectations". Tom Magliozzi's famous five words appear to have made their way to Wall Street. For how else is one to explain the rally on 'the wall' - S&P 500 up 1.7%; DJIA up 1.9%; Nasdaq up 1.6%; Russell ...

The bulls are back

ELIZA BAVIN  |  FRIDAY, 27 MAR 2020
The Dow Jones has recorded its shortest bear market in the index's history, as investors regain confidence in a market rife with volatility. The Dow experienced its strongest three days in nine decades after record weekly US jobless claims came ...

Chief economist update: Coronavirus causes equity market correction

BENJAMIN ONG  |  MONDAY, 2 MAR 2020
"Coronavirus spreads to 33 countries in nine days" "The coronavirus crisis has deepened over the weekend, with the number of countries affected climbing past 60 and the death toll hitting 3000." So goes another grim headline from Associated Press which ...