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Showing 161 - 170 of 501 results for "Spike"

ETF demand boosts gold

ELIZA BAVIN  |  FRIDAY, 17 APR 2020
... comes into its own," Walesby said. "If there is a more domestic issue, gold doesn't come into play as much, it might spike but it's unlikely to lead to long-term growth." Walesby said this event is going to change the way investors hold gold ...

A decade in the dust

ALLY SELBY  |  THURSDAY, 16 APR 2020
The COVID-19 pandemic could lead emerging markets to lose the last decade in progress, as the world sinks deeper into a global recession far worse than the Global Financial Crisis. That's according to State Street Global Advisors head of global ...

COVID-19 to push life premiums up: Rice Warner

HARRISON WORLEY  |  WEDNESDAY, 8 APR 2020
... December 2019 for risk products. "COVID-19 will deliver a further hard blow," Rice Warner said. The firm highlighted the sudden spike in unemployment and general economic downturn on the way, and said their combined impact would "swamp" that of the "some ...

Big banks cop a beating

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
... GDP to shrink in 1H20, with only a modest recovery starting in 2H20 and extending into 2021. "Unemployment is likely to spike sharply and remain very elevated relative to pre-pandemic levels even after the recovery is underway," Fitch said. "The current ...

ASX suffers worst quarter in over a century

ELIZA BAVIN  |  WEDNESDAY, 1 APR 2020
The ASX suffered the worst quarter in over 100 years, but is putting the past behind it to rebound at the open today. Both the S&P/ASX 200 and the S&P/NZX 50 portfolio completed their worst monthly and quarterly declines this century, sliding 21% and ...

Chief economist update: COVID-19 eating into jobs

BENJAMIN ONG  |  THURSDAY, 26 MAR 2020
... Fed's largesse - needless to say, a cure for the coronavirus is discovered soon - are able to revive confidence, making the spike in unemployment claims a short-term phenomenon rather than a rising trend towards joblessness.

Avoid listed wealth giants: UBS

HARRISON WORLEY  |  WEDNESDAY, 25 MAR 2020
UBS has listed which stocks to jump on and which to avoid in the event COVID-19 pushes Australia deep into a recession, with two listed wealth giants in its negative column. Analysts from global wealth giant UBS' Australian equities teams have called ...

The sick short: Banking big on the coronavirus

ALLY SELBY  |  WEDNESDAY, 19 FEB 2020
... banked big on oil. "Clients got quite lucky on oil," he said. "When we had tensions between the US and Iran, there was a big spike in oil prices and many of our clients tried to countertrade to that; short selling oil at $77 bucks a barrel, and managed ...

Chief economist update: Japan fails to learn from history (yet again)

BENJAMIN ONG  |  TUESDAY, 18 FEB 2020
"Those who do not remember the past are condemned to repeat it." - George Santayana... and repeat the past, Japan did. Preliminary estimates show that the economy contracted by 1.6% in the last quarter of 2019 following a 0.1% growth (if you could call ...

Gold lifts as US, Iran tensions escalate

ALLY SELBY  |  TUESDAY, 7 JAN 2020
... prices to rally further, it would likely require some combination of general US dollar weakness, lower interest rates and a spike in inflation expectations - via higher oil prices and/or concerns of a negative spill-over to global growth." Despite this ...