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| | | 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 ... |
| | | | ... 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. ... |
| | | | 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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) ... |
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