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Showing 1261 - 1270 of 3291 results for "Above"

Warne flags executive reshuffle at Macquarie AGM

ALEX BURKE  |  THURSDAY, 27 JUL 2017
... committee. In McLaughlin's stead, head of commodity markets and finance Nick O'Kane has joined the executive committee. As above, these changes follow Macquarie merging Macquarie Securities Group (MSG) and the Commodities and Financial Markets Group ...

Low-flation to lower-flation?

BENJAMIN ONG  |  THURSDAY, 27 JUL 2017
... (potentially in September), the US central bank's more dovish tone reversed the Australian dollar's direction, sending it back up above US$0.80 overnight. The Fed's change of tone sent the US dollar index to its lowest level in 14 months that, in turn ...

Exposing the hidden risks of cash

ALEX BURKE  |  WEDNESDAY, 26 JUL 2017
... Practice Forum on Retirement Income, Hofflin argued that "in our view, the 'worst case' income from dividends seems well above even today's cash rate." Illustrating this, he pointed to the average decline of 32% of gross dividend yield across all economic ...

Inflation matters

BENJAMIN ONG  |  WEDNESDAY, 26 JUL 2017
... accordingly becomes more conventional." Again, true that. UK headline inflation - 2.6% in the year to June - had been running above the BOE's 2% since February this year while the core inflation rate - 2.4% in June - had been over the target since April. ...

Flashes: activity expansion and moderating inflation

BENJAMIN ONG  |  TUESDAY, 25 JUL 2017
... declined to an eight-month low of 52.2 in July from 52.4 in the previous month, it remains at a level that indicates expansion (above 50). However, the outlook - at least for Japan's manufacturing sector - is not so bright with the growth in new orders ...

Not showing: inflation

BENJAMIN ONG  |  MONDAY, 24 JUL 2017
... inflation rates remain below their 2% target (the People's Bank of China's target is 3.5%). Only the UK's core inflation rate is above the Bank of England's (BOE) target driven by no other than the pound's depreciation since the Brexit vote. But even ...

Good jobs, sluggish pay

BENJAMIN ONG  |  FRIDAY, 21 JUL 2017
... more persistent or pervasive than assumed." Certainly looks like it. ABS data shows that the underemployment rate had risen above the 7.8% high (December quarter 2009) recorded during the global financial crisis starting in the third quarter of 2014 ...

Aussie hedge fund seeking $300m for retail IPO

ALEX BURKE  |  THURSDAY, 20 JUL 2017
... of global listed securities. VGI Partners was established in 2008 and to date has targeted the private wealth market; as above, it manages $1.1 billion for about 250 high-net-worth individuals, family offices and endowments. With the launch of VG1, which ...

The bull and bear market in iron ore

BENJAMIN ONG  |  THURSDAY, 20 JUL 2017
... indicators showing strengthening momentum in iron ore's biggest buyer, China - underscored by the higher than expected and above target 6.9% expansion in the second quarter - augurs well for iron ore demand. More directly, Chinese steel production growth ...

The problem with currency extrapolation

BENJAMIN ONG  |  TUESDAY, 18 JUL 2017
... advantage over the US has stirred the Aussie dollar bears, but the currency is deemed unlikely to plunge hard." Probably just above "US70c" but still a significant depreciation (9.5%) from this year's high of US$0.7733 recorded in late March. The rationales ...