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Showing 171 - 180 of 1272 results for "US DOL"

Chief economist update: What goes around is starting to get around

BENJAMIN ONG  |  THURSDAY, 19 JUL 2018
Some would call it karma, for many it's just the plain and simple truism that a trade war is a lose-lose proposition. In his quest to "make America great again" and under the guise of "national security", US President Donald Trump kicked off with ...

Chief economist update: Australian dollar loss is economy's gain

BENJAMIN ONG  |  THURSDAY, 12 JUL 2018
"I got chills, they're multiplying..." - Grease The Australian dollar is down! Repeat, the Australian dollar is down! At the time of writing, Australia's legal tender is trading 5.8% lower against the US this year to date; 3.2% cheaper against ...

EM bonds attractive despite pullback: Eaton Vance

KANIKA SOOD  |  WEDNESDAY, 11 JUL 2018
The long-term case for emerging markets in bond portfolios is still strong, even though investors have pulled out billions in recent weeks, according to Eaton Vance. Investor sentiment on emerging markets swung negative in recent weeks on concerns over ...

Chief economist update: Draining the swamp

BENJAMIN ONG  |  TUESDAY, 3 JUL 2018
"We're going to drain the swamp." This was one of US President Donald Trump's battle cry when he was still campaigning for the top job in America. It looks like he's on his way to fulfilling this promise but instead, Trump's draining ...

Chief economist update: Shanghai's drop is China's problem, the yuan's slide is everyone's

BENJAMIN ONG  |  THURSDAY, 28 JUN 2018
The Shanghai Composite index's drop into bear market territory may have elicited some negative Trump thoughts, but China's response - through the accompanying depreciation of the yuan may have been "I'm taking you with me." Such is the ugliness ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  TUESDAY, 19 JUN 2018
When Fed chief Jerome Powell tried to explain the US yield curve's flattening as a function of rising short rates because of the rate hikes (and expectations for more) and a smaller lift in the long-term yields because of safe-haven buying, I questioned ...

Japan needs trade peace with the US

BENJAMIN ONG  |  FRIDAY, 8 JUN 2018
It must be because Bank of Japan (BOJ) policy exit speculations have died down or that Japan's response to Donald Trump's tariff increases has been less confrontational than China, the EU or even Canada but Japan had rarely been on headlines in recent ...

Citi launches currency product, targets HNW investors

DARREN SNYDER  |  MONDAY, 4 JUN 2018
Citi Australia is continuing its increased push into the local wealth management market, introducing a currency product targeted at globetrotting high-net-worth investors. The Global Currency Account is launching as a transaction account with the ability ...

Chief economist update: Italy and Spain an emerging ECB problem

BENJAMIN ONG  |  MONDAY, 28 MAY 2018
Geo-politics remain the talk of the financial markets as Trump's rolling circus again came to the fore with his flip-flop-flip over the US-North Korean summit - just a day after Trump cancelled the summit, he declared it back on again. Make what ...

Chief economist update: A US dollar story

BENJAMIN ONG  |  TUESDAY, 22 MAY 2018
The times, they are a-changin'. After reaching a peak of 103.01 on the 23 December 2016, the Bloomberg US dollar index began its long descent before hitting a three-year low of 89.19 in February this year - a 13.4% depreciation. The US dollar has ...