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Showing 131 - 140 of 367 results for "Exchange Rate"

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.

RBNZ on ice

BENJAMIN ONG  |  THURSDAY, 23 MAR 2017
... of two reasons: The currency. The New Zealand central bank is encouraged by the fall in the NZ$'s trade weighted exchange rate (down 4% since February) but "but further depreciation is needed to achieve more balanced growth". The international outlook. ...

One Direction and the BOE

BENJAMIN ONG  |  MONDAY, 20 MAR 2017
... strength in domestic economic activity, along with the British pound's sharp depreciation - Sterling's effective exchange rate has dropped by 12.9% since Brexit on 23 June 2016 - would put upward pressure on inflation. Were it not for the uncertainty ...

Steady as she grows

BENJAMIN ONG  |  WEDNESDAY, 8 MAR 2017
... the low level of interest rates. Financial institutions remain in a good position to lend. The depreciation of the exchange rate since 2013 has also assisted the economy in its transition following the mining investment boom. An appreciating exchange ...

Going good but there are risks

BENJAMIN ONG  |  MONDAY, 6 MAR 2017
... risks of "Shifts in US monetary policy, uncertainties about Brexit, rising protectionism and revisions to China's exchange rate policy, may catalyse global exchange-rate volatility that could affect Australia's trade". What monetary and fiscal authorities ...

Trump matters

BENJAMIN ONG  |  MONDAY, 13 FEB 2017
... to total, and the bond market making up 1.3% of the world. Needless to say, US President Donald Trump's trade and exchange rate policies would have a direct bearing on the outlook for Australia's economy and its capital markets. While Australian exports ...

RBNZ on steady

BENJAMIN ONG  |  THURSDAY, 9 FEB 2017
... in the global economy and rising geo-political uncertainty". Likewise, it is concerned about the strong NZ$. "The exchange rate remains higher than is sustainable for balanced growth and, together with low global inflation, continues to generate negative ...

Dwindling reserves

BENJAMIN ONG  |  WEDNESDAY, 8 FEB 2017
... indicates that the PBOC's efforts to defend the yuan and stem capital flows are working. Currently, the yuan/US$ exchange rate is at 6.8808, a 1.1% appreciation from the eight-year low 6.9548 hit in late December last year. Still, I wonder if this is ...

RBA joins the bulls in central bank shop

BENJAMIN ONG  |  WEDNESDAY, 8 FEB 2017
... Australian dollar's depreciation since 2013 supports this outlook, although the RBA did mention that "an appreciating exchange rate would complicate this adjustment." To date, the Australian dollar has gained 11.6% versus the US dollar and on the trade ...