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Showing 1951 - 1960 of 2520 results for "Central Bank"

Oil central bank

BENJAMIN ONG  |  THURSDAY, 10 MAR 2011
... - 3-3.5 million barrels per day - of OPEC"s total spare capacity. Saudi Arabia is what The Economist calls " the central bank of the oil market." Like the Fed it could engage in "quantitative easing" but not when the country itself plunges into turmoil. ...

Market Wrap - Morning

AAP  |  THURSDAY, 10 MAR 2011
... million ($A38.18 million) was in Fletcher Building. There were 34 rises and 42 falls among the 108 stocks traded. The central bank is expected to cut the OCR to 2.5 percent from 3 percent tomorrow because of the Christchurch earthquake but economists ...

Market Wrap - Midday

AAP  |  FRIDAY, 4 MAR 2011
... New Guinea to more than 30 million ounces of gold. The gold price fell on Thursday on indications that the European Central Bank may raise interest rates to fight inflation. At 1213 AEDT the spot price of gold in Sydney was $US1417.10 per fine ounce ...

Market Wrap - Morning

AAP  |  FRIDAY, 4 MAR 2011
... 4.64 per cent from 4.55 per cent. LONDON - The euro surged above $1.39 on Thursday after the head of the European Central Bank hinted a rate rise could come next month and major stock markets posted gains following strong data and results. Europe's main ...

No risk of a double-dip recession: survey

ALISON BEVEGE  |  THURSDAY, 3 MAR 2011
... who make decisions on more than $16 trillion worth of assets under management. The poll found managers expect low central bank rates and mild inflation will continue to stimulate economic growth, feeding the global recovery and avoiding a double-dip ...

Market Wrap - Midday

AAP  |  TUESDAY, 1 MAR 2011
The Australian dollar was higher on Tuesday, as the market waits on the results of the central bank's board meeting later in the day. At 1200 AEDT on Tuesday, the local unit was trading at 101.93 US cents, up from 101.75 cents on Monday. Since 0700 ...

Hitting a BRIC wall

BENJAMIN ONG  |  THURSDAY, 24 FEB 2011
It had to happen sometime and it's looking like that time has come as equity markets in the developed economies are starting to outperform those in the fast-growing BRICS - Brazil, Russia, India and China. Bloomberg reports that the MSCI World Index ...

Bad news bear

BENJAMIN ONG  |  WEDNESDAY, 23 FEB 2011
... interest rates will rise because of escalating inflationary pressures. Financial markets now expect the European Central Bank, for instance, to raise interest rates in August - yes, this year - after ECB council member Yves Mersch declared that "I would ...

Market Wrap - Morning

AAP  |  TUESDAY, 22 FEB 2011
... per cent by close of trading in Milan. Libya is Unicredit's top shareholder with a 7.5-per cent stake and Libyan central bank governor Farhat Omar Bengdara is also Unicredit's vice-president. Shares in energy major ENI, which has been in Libya since ...

Bank blocks pension gold

MATT WOODINGTON  |  MONDAY, 21 FEB 2011
Central bank De Nederlandsche Bank (DNB) ordered Dutch pension fund SPVG to reduce its investment in gold from 13 per cent of its portfolio to three per cent or less. SPVG, the pension fund of glassworks company Vereenigde Glasfabrieken, has been given ...