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Showing 131 - 140 of 3830 results for "Wall St"

Chief economist update: Fed flattens the yield curve

BENJAMIN ONG  |  THURSDAY, 14 JUN 2018
Given the US equity market's reaction to the latest US Federal Reserve missive, one would think that Wall Street is against strong(er) growth. All major benchmark indices - DJIA, S&P 500, Nasdaq and Russell 2000 - closed lower after the Fed announced ...

Chief economist update: BOE fails market expectations

BENJAMIN ONG  |  FRIDAY, 11 MAY 2018
The Fed is on track for another two more of its forward guided three interest rate hikes this year. This is the message from the just-released US CPI report for April. Despite the continued improvement in the US unemployment rate - down to 3.9% in April ...

Chief economist update: Not as good as it gets

BENJAMIN ONG  |  MONDAY, 30 APR 2018
History was made when North Korean supremo Kim Jung-un took one step south of the Korean DMZ (demilitarised zone) to shake hands with his southern counterpart, South Korea president Moon Jae-in. An epic in itself, it invalidates Rudyard Kipling's (re-phrased) ...

New manager raising $30m for crypto fund

ALEX BURKE  |  WEDNESDAY, 18 APR 2018
... the potential to be doing 100% over the next few years." "There's a lot of institutional money coming into the space. Wall St, hedge funds, family offices - they're all starting to warm up to the reality that this asset class isn't going to be anywhe ...

Chief economist update: Just a hiccup in a rising trend

BENJAMIN ONG  |  WEDNESDAY, 28 MAR 2018
Consumers may not be good at predicting Wall Street's direction but they sure do impact overall economic growth. While renewed market volatility continue to put Wall Street to task, Main Street is taking the goings-on in America - fiscal and monetary ...

Chief economist update: Next move in rates will likely be up, but it's not certain

BENJAMIN ONG  |  WEDNESDAY, 7 MAR 2018
"You may have noticed that at yesterday's meeting, the Reserve Bank Board left the cash rate unchanged at 1.5%, where it has been since August 2016." This is what RBA Governor Philip Lowe told his audience at the Australian Financial Review Business ...

Chief economist update: The other president for life in the making

BENJAMIN ONG  |  TUESDAY, 6 MAR 2018
Sticks and stones may break my bones but sanctions will me get re-elected. Lost among investor worries over increased volatility in the financial markets, the correction on Wall Street, the prospect of a greater than three Fed rate hikes this year and ...

Chief economist update: Trump spoils for war

BENJAMIN ONG  |  FRIDAY, 2 MAR 2018
"You're going to have protection for the first time in a long time." For better or worse, US President Donald Trump continues to deliver on his campaign promises. Wall Street took Trump's latest promise fulfilment as an excuse to take profits. The Dow ...

Chief economist update: New Fed chief, same policy direction (but more transparent)

BENJAMIN ONG  |  WEDNESDAY, 28 FEB 2018
"Stocks, Treasuries Sink on Hawkish Powell Remarks: Markets Wrap" Bloomberg's headline just about sums up last night's activity on Wall Street that saw the S&P 500 index drop by 1.3%; the yield on 10-year Treasuries climb by three basis points to 2.89% ...

Most investors shun credit ratings: Poll

KARREN VERGARA  |  MONDAY, 26 FEB 2018
Credit rating agencies have no bearing on the majority of investors' decisions, Financial Standard's weekly spot poll shows. Almost three-in-four (74%) respondents don't rely on the recommendations of credit rating agencies - 39% of these participants ...