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Showing 171 - 180 of 197 results for "Fed Chair"

Market Wrap - Morning

AAP  |  TUESDAY, 24 JUN 2008
The Australian share market is expected to open lower after industrial metals and gold fell in overnight trading. At 0750 AEST on the Sydney Futures exchange, the September share price index was down 13 points at 5,264. In company news today, Brambles ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 14 MAY 2008
The Australian share market has received mixed lead from Wall Street, with the Dow Jones index down 0.34 per cent, the blue chip S&P500 index barely changed and the Nasdaq technical index up slightly. But resources stocks may receive a boost from strong ...

Sub-prime 20/20 hindsight

Alan Greenspan, former Fed chief and financial guru, the man who can rock Wall Street with a throwaway line, has admitted he didn't smell the sup-prime coffee during his tenure as Federal Reserve Chairman. Greenspan ran the central bank for more than ...

Market wrap - morning

AAP  |  THURSDAY, 29 MAR 2007
The Australian market is expected to post sharp losses when it opens after Wall Street shed four-fifths of one per cent of its value overnight. On the Sydney Futures Exchange at 0656 AEST, the June share price index contract was down 21 points to 5,957. ...

No free lunch with high conviction funds: WestLB Mellon

Global investment manager WestLB Mellon played host to a round table session in Sydney this week where the who's who of the financial services industry battled out the pros and cons of so-called high conviction funds. Fittingly held at swish Hemmes ...

Daily economic update

BENJAMIN ONG  |  FRIDAY, 9 JUN 2006
The almost simultaneous interest rate hikes by six central banks over the past two days drive home the point that rising inflation is a global problem. The move towards tighter monetary policy started with a surprise 175 basis point rate hike by the ...

Daily economic update

BENJAMIN ONG  |  FRIDAY, 19 MAY 2006
The pattern of it's on again off again - rate hikes that is - continues in the US. Financial markets settled down slightly overnight following calming words by US Federal Reserve officials. Equity and bond markets tumbled yesterday following the release ...

Daily economic update

BENJAMIN ONG  |  FRIDAY, 28 APR 2006
In an unexpected move, the Peoples Bank of China increased its one year lending rate to 5.85 per cent - the first increase since October 2004 - from 5.58 per cent. Undoubtedly the move was taken in order to cool China's overheating economy. Chinese ...

Daily economic update

Financial markets will be hoping to get more clues on the outlook for US monetary policy from speeches by Federal Reserve officials later today. Fed Chairman Ben Bernanke will deliver a speech entitled, 'Reflections on the Yield Curve and Monetary Policy,' ...

Daily Economic Update

The Empire State manufacturing index rose to 31.16 in March from 21.02 the previous month. This is much higher than market expectations for a decline to 18.9, but note that this is a volatile series. All of the components were strong particularly the ...