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Showing 131 - 140 of 1229 results for "US dollar"

EM bonds attractive despite pullback: Eaton Vance

KANIKA SOOD  |  WEDNESDAY, 11 JUL 2018
... sentiment on emerging markets swung negative in recent weeks on concerns over tariffs, trade, global growth and a resurgent US dollar, the US US$434 billion asset manager said. In all, investors pulled out about $6 billion from EM bonds in the week ending ...

Chief economist update: Draining the swamp

BENJAMIN ONG  |  TUESDAY, 3 JUL 2018
... the US and everybody else morphs into an all war then we can kiss our bottom dollar goodbye. Speaking of which, the US dollar has already bottomed early this year. At the end of June, the US dollar index (against major currencies) has risen by 7.7% from ...

Chief economist update: Shanghai's drop is China's problem, the yuan's slide is everyone's

BENJAMIN ONG  |  THURSDAY, 28 JUN 2018
... most are now standing up and paying attention at the yuan's drop. Overnight, the yuan traded at 6.60 yuan against a US dollar, down from this year's high of 6.26 and the weakest it's been since December last year. What surprised me was Bloomberg's ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  TUESDAY, 19 JUN 2018
... raised. Headlines on trade disputes that could hit Asian exporters haven't helped." (Bloomberg). The ascent in the US dollar underscores this. Bloomberg's US Dollar spot index has risen by 6.3% to 94.79 from this year's low of 89.16, partly ...

Japan needs trade peace with the US

BENJAMIN ONG  |  FRIDAY, 8 JUN 2018
... by the 4.7% depreciation in the yen to ¥110.16/US1 from ¥104.93/US1 over the same period. While the strengthening US dollar is partly responsible for the yen's recent weakness, credit also goes to the BOJ when it ditched the forward guidance on the ...

Citi launches currency product, targets HNW investors

DARREN SNYDER  |  MONDAY, 4 JUN 2018
... local currency, reducing cost and hassle, Machet said. Currencies in the GCA currently include the Australian Dollar, US Dollar, British Pound, Euro, Canadian Dollar, Hong Kong Dollar, Japanese Yen, New Zealand Dollar, Singapore Dollar and the Swiss ...

Chief economist update: Italy and Spain an emerging ECB problem

BENJAMIN ONG  |  MONDAY, 28 MAY 2018
... month of 2018, the benchmark index's performance to date is down to a mere 0.3% as the euro strengthened versus the US dollar. The euro currency's recent reversal - down to US$1.1655 from US$1.2503 in January - should help underpin share market ...

Chief economist update: A US dollar story

BENJAMIN ONG  |  TUESDAY, 22 MAY 2018
The times, they are a-changin'. After reaching a peak of 103.01 on the 23 December 2016, the Bloomberg US dollar index began its long descent before hitting a three-year low of 89.19 in February this year - a 13.4% depreciation. The US dollar has ...

Chief economist update: Crying for Argentina

BENJAMIN ONG  |  MONDAY, 7 MAY 2018
... Argentine peso and by extension, put downward pressure on inflation. The country's currency has fallen by 13.7% against the US dollar this year to date, on top of its 15.9% depreciation in 2017. Consumer price inflation accelerated to 25.6% in the year ...

Chief economist update: Not as good as it gets

BENJAMIN ONG  |  MONDAY, 30 APR 2018
... 0.1% to 2669.91 points, the fed funds rate is up 25 bps to 1.75%, 10-year US bond yields are up 55 bps to 2.96% and the US dollar index is 0.8% lower to a reading of 91.51, but is heading higher. Despite this, Factset reports that with half of the S&P ...