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Showing 141 - 150 of 2966 results for "Overnight"

Chief economist update: It's the money, stupid

BENJAMIN ONG  |  TUESDAY, 29 OCT 2019
Extra, extra, read all about it! The S&P 500 index closed at a new all-time high overnight underpinned by bullish headlines that include: positive US-China trade talks; near-certainty of another Fed rate cut at its October FOMC meeting and the latest ...

Chief economist update: China's great leap forward 70 years in the making

BENJAMIN ONG  |  FRIDAY, 27 SEP 2019
... founding of the People's Republic of China. The Politburo has much to celebrate and boast about. It didn't happen overnight, but it did happen. Chairman Mao Zedong's "Great Leap Forward" campaign (from 1958-1962) has finally come to fruition. ...

Adviser of the Year named

ELIZABETH MCARTHUR  |  THURSDAY, 29 AUG 2019
The AFA Adviser of the Year for 2019 has been crowned at a gala dinner in Adelaide overnight. The Association of Financial Advisers has awarded its highest honours, presenting the Adviser of the Year, Female Excellence in Advice, Excellence in Education ...

Chief economist update: Greater than the Great Recession of 2008

BENJAMIN ONG  |  THURSDAY, 15 AUG 2019
... Bullard podcast in his interview with Karen Mracek - media relations coordinator at Federal Reserve Bank of St. Louis - overnight (on August 14). Perhaps I'm turning into a Dr. Doom but, if the current global economic dynamics persist, the Great ...

Deutsche Bank slashes global workforce, exits global equities

KARREN VERGARA  |  MONDAY, 8 JUL 2019
... period" by overhauling its global operations, resulting in 18,000 employees losing their jobs. The European bank announced overnight it will exit global equities functions of sales and trading, but retain an equity capital markets operation. Additionally ...

Putting Members' Interests First Bill reintroduced

KARREN VERGARA  |  FRIDAY, 5 JUL 2019
... from providing opt-out insurance to new members under 25 and low balance account holders was reintroduced in Parliament overnight. The Treasury Laws Amendment (Putting Members' Interests First) Bill 2019, which was put on hold in April, is now being ...

Chief economist update: The greatest challenge of our time

BENJAMIN ONG  |  THURSDAY, 30 MAY 2019
... headlines have picked up on the fall and fall in the yield offered by 10-year US Treasuries. The yield closed at 2.24% overnight, down from 2.26% the day before - the lowest since September 2017. But the chart below shows the yield of similar maturities ...

Chief economist update: Glass half-full or US recession on the way?

BENJAMIN ONG  |  WEDNESDAY, 29 MAY 2019
... price index - has eased to just 1.5% in the year to April, down from 1.8% in 2017 and 2018. This is perhaps, what the overnight dive in the yield on 10-year US Treasuries reacted upon - down to 2.26%, the lowest yield since September 2017. You can blame ...

YBR overhauls wealth arm

KARREN VERGARA  |  FRIDAY, 17 MAY 2019
... cuts under the supervision of chair Mark Bouris. Its chief executive will also step down. YBR's board announced overnight it will commence to dispose, outsource or restructure its wealth functions. Rainmaker analysis of ASIC's Financial Adviser ...

Chief economist update: A tariff for a tariff

BENJAMIN ONG  |  TUESDAY, 14 MAY 2019
... current 5% US equity markets dropped. The S&P 500 index and the Dow closed 2.4% lower with the Nasdaq diving by 3.4% overnight. Ten-year US Treasury bond yields declined by 5 bps to 2.4% - its lowest level since March. The VIX index (the fear gauge) ...