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Showing 1641 - 1650 of 2961 results for "August 2010"

The moment of truth cometh

BENJAMIN ONG  |  MONDAY, 14 SEP 2015
... they've met that "further improvement in the labor market" condition -- with the unemployment rate dropping to 5.1% in August (way ahead of Fed staff central tendency projections of 5.2% - 5.3% by December this year). A strong labour market will lift ...

Lift Janet lift

BENJAMIN ONG  |  FRIDAY, 11 SEP 2015
... markets" and "incoming data". But woe is us, for the last important data we got - the US non-farm payrolls report for August - threw a bone to every dog of every persuasion which means, it provided nada, zilch, zippo. However, subsequent US labour market ...

Labour market says go, inflation says no

BENJAMIN ONG  |  MONDAY, 7 SEP 2015
... trigger at their 16-17 September FOMC meeting are correct. The unemployment rate dropped from 5.3% in July to 5.1% in August - the lowest level since April 2008 and is heading towards the lower end of the Fed's 5.0% - 5.3% range predicted in June. This ...

Super Mario returns fire

BENJAMIN ONG  |  FRIDAY, 4 SEP 2015
Shots fired! Shots fired! Yes Virginia, Super Mario returned overnight and shot down the euro, putting smiles on the faces of holders of Eurozone stocks - Stoxx 600 up 2.4% -- and bonds - 10-year yields fell across the region. The euro dropped to as ...

Sigma wins industry fund equities mandate

LAURA MILLAN  |  THURSDAY, 3 SEP 2015
Boutique firm Sigma Funds Management has won an Australian equities mandate from a Sydney-based industry superannuation fund. The mandate goes to Sigma's Select strategy, a high conviction broad cap value strategy that has outperformed the S&P/ASX300 ...

FSC, FPA support ASIC user-pay model

ALEX BURKE  |  WEDNESDAY, 2 SEP 2015
Both the Financial Services Council and Financial Planning Association of Australia have voiced their support for an industry funding model for ASIC. On August 28, Assistant Treasurer Josh Frydenberg welcomed industry consultation on the proposal while ...

August angst to September mourn

BENJAMIN ONG  |  WEDNESDAY, 2 SEP 2015
For a while there last week, it seemed the financial market storm has come and gone... and it was safe to go back into the risk waters. Financial markets are again in upheaval and fear is once more on the rise - the VIX index spiked 10.5% overnight ...

HUB24 sees 3000% profit boost

ALEX BURKE  |  MONDAY, 31 AUG 2015
HUB24 grew gross profit by 3000% in the 2015 financial year to $4.8 million, after a $0.1 million loss in the previous corresponding period. In its annual report, the investment administrator also noted it expected to reach $2 billion in funds under ...

Feds still in a hole at the Jackson

BENJAMIN ONG  |  MONDAY, 31 AUG 2015
"You say it best when you say nothing at all." - Ronan Keating Or rather, they did - the voting and non-voting members of the Federal Reserve Open Market Committee (FOMC). Their conflicting stances did not settle the when of the lift-off issue one single ...

NAB exec to head AMP Bank

LAURA MILLAN  |  FRIDAY, 28 AUG 2015
National Australia Bank (NAB) chief financial officer of business and personal banking has been appointed managing director of AMP Bank. Sally Bruce will report to AMP group executive of advice and banking Rob Caprioli and will be responsible for all ...