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Showing 141 - 150 of 365 results for "Exchange Rate"

Trump protectionism protects not the emerging markets

BENJAMIN ONG  |  MONDAY, 28 NOV 2016
... policy normalisation - and the European Central Bank and the Bank of Japan - succour to their quest for a lower exchange rate that would boost growth and inflation. But it's not all hunky-dory. Trump's win appears to be a loss for emerging markets. The ...

Flat markets impact IAG profit

KERRIE SYDEE  |  FRIDAY, 19 AUG 2016
IAG has reported a 14.1% fall in profit as the insurer juggles the impact of lower returns and adverse weather events. IAG reported its FY16 net profit after tax of $625 million down from $728 million in 2015. A loss the group attributes to "a significantly ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 19 AUG 2016
... 14.8% as at the close of last night's trade, taking its year-to-date gains up to 10.0% (and sterling's effective exchange rate remains 3.0% lower). Expect further gains in retail spending as the Bank of England's 2 August monetary policy easing works ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 12 AUG 2016
... conditions and low interest rates relative to New Zealand are placing upward pressure on the New Zealand dollar exchange rate. The trade-weighted exchange rate is significantly higher than assumed in the June Statement. The high exchange rate is adding ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 6 JUL 2016
... decline in business investment - and exports that, in turn, are being buoyed by low interest rates and the "lower exchange rate since 2013". However, the RBA expects inflation to remain low for some time due to "subdued growth in labour costs and very ...

Brexit - the Australian connection

BENJAMIN ONG  |  MONDAY, 27 JUN 2016
Just like almost all other equity markets around the world, Australia's stock market took a beating from the United Kingdom's unexpected vote to leave the European Union (EU) at the referendum held on 23 June 2016. The All Ordinaries index dropped by ...

Parting could be such sweet sorrow

BENJAMIN ONG  |  MONDAY, 20 JUN 2016
... is also likely to depreciate further, perhaps sharply. This combination of influences on demand, supply and the exchange rate could lead to a materially lower path for growth and a notably higher path for inflation than in the central projections set ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 17 JUN 2016
... implications for the direction of monetary policy will depend on the relative magnitudes of the demand, supply and exchange rate effects. The MPC will take whatever action is needed, following the outcome of the referendum, to ensure that inflation expectations ...

Australia on top

BENJAMIN ONG  |  MONDAY, 6 JUN 2016
... Treasury complaining about the "the [Australian] authorities' public statements on the desired direction of the exchange rate" back in March this year. May's disappointing US employment numbers may have just given Uncle Sam another bullet to hit the ...

Down, down prices are down

BENJAMIN ONG  |  THURSDAY, 28 APR 2016
... IMF (OUSED) expressed concern over the [Australian] authorities' public statements on the desired direction of the exchange rate" and therefore, "...urged the (Australian) authorities to avoid statements that could be perceived as inconsistent with their ...