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Showing 121 - 130 of 365 results for "Exchange Rate"

Inflation matters

BENJAMIN ONG  |  WEDNESDAY, 26 JUL 2017
... to be slightly late." While acknowledging that "inflation is uncomfortably high", Vlieghe thinks that is mostly "exchange rate driven" and therefore, "ultimately temporary". True that. To date, Sterling's effective exchange rate remains 12.7% below prior ...

Not showing: inflation

BENJAMIN ONG  |  MONDAY, 24 JUL 2017
... world should lead to faster growth in the world economy, which is good for the Australian economy, an appreciating exchange rate works against this" counteracting, "the benefit to the Australian economy of faster global growth." This was the overriding ...

The problem with currency extrapolation

BENJAMIN ONG  |  TUESDAY, 18 JUL 2017
... $US1.70 by 2014, as the greenback relinquishes its 'exorbitant privilege' as the world's default currency." The A$/US$ exchange rate closed 2013 at US$0.8911 and US$0.8198 by the end of 2014 before continuing to depreciate some more in the following ...

Good goings-on in China

BENJAMIN ONG  |  THURSDAY, 6 JUL 2017
... the fourth straight month to US$3.05 trillion in May - the Chinese currency and the stock market. The onshore yuan exchange rate to the US dollar has appreciated by 2.2% this year to date while the offshore yuan exchange rate has gained 2.4, with both ...

Data dictates immediate BOE action

BENJAMIN ONG  |  WEDNESDAY, 5 JUL 2017
... to be slightly late." While acknowledging that "inflation is uncomfortably high", Vlieghe thinks that is mostly "exchange rate driven" and therefore, "ultimately temporary". True that. To date, Sterling's effective exchange rate remains 11.6% below prior ...

May the force's not with her

BENJAMIN ONG  |  TUESDAY, 13 JUN 2017
... given the election results, increased Brexit uncertainty. This sent the British pound down. Sterling's effective exchange rate dropped by 1.4% the day after the 8 June elections, for a total depreciation of 12.2% since the Brexit vote of 23 June 2016. ...

Moody's downgraded and upgraded China's ratings

BENJAMIN ONG  |  FRIDAY, 26 MAY 2017
... market was unperturbed. While the Chinese yuan took a hit when Moody's released its report - the official CNY/US$ exchange rate fell by 0.02% -- it quickly rebounded by 0.3% to CNY6.87 the next day. Perhaps it's because of Moody's upgrade of China's ...

Another Budget, another promised surplus

BENJAMIN ONG  |  WEDNESDAY, 10 MAY 2017
A Budget here, and a Budget there, Budget, Budget, everywhere a Budget. Yes Virginia, it's Budget overload, there's wall to wall coverage of the Australian Federal government's 2017/18 Budget - before, during and after - its big reveal on the evening ...

Strong quarter for CBA

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
... previous corresponding period. AUM and FUA growth reflected stronger market investments, but was partially offset by exchange rate movements. CBA did not detail the performance of its insurance arm, but noted insurance income was affected by bad weather ...

Brexit-proof?

BENJAMIN ONG  |  WEDNESDAY, 5 APR 2017
... domestic market was a key source of new business wins. The boost to export competitiveness from the weak sterling exchange rate also contributed to new work inflows". However, the pound's depreciation has also lifted input and output prices.