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Showing 151 - 160 of 599 results for "Currencies"

Aussie fintech launches index-style crypto fund

HARRISON WORLEY  |  THURSDAY, 2 AUG 2018
... with another option to diversify their portfolio, despite the volatility of cryptocurrency. "Historically, digital currencies have provided alternative sources of capital growth with low correlations with traditional asset classes such as equities and ...

Macrovue appoints ANZ Wealth executive

KANIKA SOOD  |  FRIDAY, 20 JUL 2018
... disruptive technology, big oil, luxury goods, internet of things and ageing population. They span 20 global markets and nine currencies. It is targeting direct investors including SMSFs trustees as well as advisers. Shareholders in the company include ...

EM bonds attractive despite pullback: Eaton Vance

KANIKA SOOD  |  WEDNESDAY, 11 JUL 2018
... and most central banks are not hiking rates. In fact, those that have been hiking have broadly been defending their currencies. Also, much of the economic growth in EM is organic, rather than being based on mergers, acquisitions and financial engineering." ...

Chief economist update: Draining the swamp

BENJAMIN ONG  |  TUESDAY, 3 JUL 2018
... of which, the US dollar has already bottomed early this year. At the end of June, the US dollar index (against major currencies) has risen by 7.7% from its 2018 low and by 4.7% this year to date. The US dollar will only get stronger given the still solid ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  TUESDAY, 19 JUN 2018
... slowing growth in emerging economies. And then there's US trade protectionism. The high USD and lower emerging market currencies should work to improve the trade balance against US. But this would only put emerging countries' exports right in ...

Citi launches currency product, targets HNW investors

DARREN SNYDER  |  MONDAY, 4 JUN 2018
... high-net-worth investors. The Global Currency Account is launching as a transaction account with the ability to access 10 currencies in real-time, combined with the capabilities of a foreign currency debit card. Citi consumer bank chief executive Alan ...

Global investment bank expands Australian team

HARRISON WORLEY  |  MONDAY, 4 JUN 2018
... would boost the firm's Australian offering. "Over the past year, we have been expanding our Australian fixed income currencies and commodities (FICC) platform in Australia to provide a broader offering to our clients and as part of a strategic build ...

Chief economist update: A$ falls to the occasion

BENJAMIN ONG  |  WEDNESDAY, 2 MAY 2018
... type. My spreadsheet shows that, in the first four months of 2018, our legal tender is tendering less against all major currencies: down 3.5% against the US$; down 4.1% on the euro; down 6.3% against the yen; down 5.2% versus the pound; down 6% vis-a-vis ...

Cryptocurrency service providers now regulated: AUSTRAC

HARRISON WORLEY  |  THURSDAY, 12 APR 2018
... increased opportunities to facilitate the sharing of financial intelligence and information relating to the use of digital currencies, such as bitcoin and other cryptocurrencies, with its industry and government partners." The laws are subject to a transition ...

Australia's first OTC trading desk for digital currencies opens

KANIKA SOOD  |  TUESDAY, 13 MAR 2018
Australian crypto investors wanting to execute large digital currency trades will have an over-the-counter trading desk to go to from next week. Sydney-based Bitcoin and digital currency exchange Independent Reserve will go live with Australia's first ...