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Showing 101 - 110 of 238 results for "Brexit"

Chief economist update: "Quitaly"

BENJAMIN ONG  |  WEDNESDAY, 30 MAY 2018
... the uncertainty that'll beat the optimism out of every true blue investor. Suddenly the jokes that sprout following Brexit and Grexit is becoming real. This time, it could be "Quitaly". There's also an emerging problem in Spain but, at this point ...

Chief economist update: BOE fails market expectations

BENJAMIN ONG  |  FRIDAY, 11 MAY 2018
... February and March and that UK's underlying growth is much more resilient, citing the strong labour market and that while Brexit uncertainty continues as a drag on growth, it is not intensifying. This has allowed the British central bank to largely maintain ...

Chief economist update: Trump trumps Brexit

BENJAMIN ONG  |  TUESDAY, 10 APR 2018
... the offices of Trump's personal lawyer, Michael Cohen... but whatever it is, it had diverted investor attention away from Brexit. For sure, Britain would be dragged into a trade war if it escalates, but at least Downing Street is not in Trump's crosshairs ...

Tech selloff builds cash pile at Pengana

KANIKA SOOD  |  THURSDAY, 5 APR 2018
... cash over the years, Rainmaker research shows. Pengana is still well within its 20% cash limit which it maximised in post-Brexit and post-US election markets. But as Cvetanovski said: "Cash is a drag is on (fund) performance when the markets go up." ...

Robo-adviser crashes during Wall Street selloff

ALEX BURKE  |  WEDNESDAY, 7 FEB 2018
... current situation is to "do nothing." He explained: "The situation reminds me a lot of what happened immediately after the Brexit vote or the 2016 Presidential Election. Most people have forgotten that on the first day after the Brexit vote, the FTSE ...

Chief economist update: The spook on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 31 JAN 2018
... sell-off intensifies, Dow falls over 400 points" (Financial Times) "Stocks get crushed in one of their worst days since Brexit" (Business Insider) "Stocks Tumble, Bonds No Haven as Selloff Worsens: Markets Wrap" (Bloomberg) Yes Virginia, the US stock ...

Chief economist update: One hike this year, one hike next year

BENJAMIN ONG  |  WEDNESDAY, 17 JAN 2018
... another 25 bps hike), to 0.9% in 2019 (that's another) and 1.0% in 2020. All good except for that one not so little issue of Brexit. As the BOE noted in its December 2017 monetary policy statement, "Developments regarding the United Kingdom's withdrawal ...

What price Brexit certainty?

BENJAMIN ONG  |  MONDAY, 20 NOV 2017
... - another 25 basis point increase in the fed funds rate come the 13th of the month. 'tis not the same for the UK where Brexit negotiations remain up in the air... and as most deals go, it's deadlocked on the price. According to reports, the European ...

BOE does what it said it would do

BENJAMIN ONG  |  FRIDAY, 3 NOV 2017
... 5.75%, before steadily cutting it down to a record low 0.25% on 4 August 2016 to head off any nasty repercussions of the Brexit vote on the 23rd of June of the same year. The 'Monetary policy summary' explains the rationale behind the decision: "The ...

Two holds and a raise

BENJAMIN ONG  |  TUESDAY, 31 OCT 2017
... emergency rate reduction the British central bank implemented back in July last year to head off any nasty repercussions from Brexit. What would be more interesting is the BOE's forward guidance on the future path of interest rates after this one (if ...