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Showing 181 - 190 of 3830 results for "Wall St"

One small rise in rates, one giant step towards normalisation

BENJAMIN ONG  |  THURSDAY, 16 MAR 2017
Don't you just love it when things turn out as expected? Wall Street surely did. US equities jumped -- Dow up 0.5%, S&P up 0.84%, Nasdaq up 0.7%, Russell 2000 up 1.5% -- the VIX index dropped by 5.5% and instead of climbing, the US dollar index fell ...

First of three (or more) coming next week

BENJAMIN ONG  |  TUESDAY, 7 MAR 2017
Sure there were a few down days but overall, the US equity market - like the energizer bunny - keeps on going and going... up. Wall Street's major equity market indices closed at record highs - the Dow at 21,115.55 points; the S&P 500 at 2395.96 points ...

Will 2017 be a mirror image of 2016?

BENJAMIN ONG  |  MONDAY, 9 JAN 2017
Out with defensives, in with risks and cyclicals. The year 2017 started where 2016 left off - good tidings and cheers on the global economy and risk appetites. If there are lessons that you, I and Irene should learn over the year just passed, it is ...

A$ drop brings good cheers

BENJAMIN ONG  |  FRIDAY, 23 DEC 2016
So this is Christmas and what have you done (John Lennon)? No, it wasn't me, it was Donald! Thanks to the good tidings Santa Trump delivered (or talked of delivering) - infrastructure building and rebuilding, deregulation, tax reform. Ones that are ...

Goldman Sachs fined $120m for rate rigging

JAMIE WILLIAMSON  |  FRIDAY, 23 DEC 2016
Goldman Sachs will pay a $120 million penalty for attempting to rig global benchmarks for interest rate products. The US Commodity Futures Trading Commission found that, between January 2007 and March 2012, traders in New York - including the head of ...

The Fed lady and the Trump

BENJAMIN ONG  |  MONDAY, 12 DEC 2016
"This is the moment; this is the day When I send all my doubts and demons on their way. Every endeavor I have made ever Is coming into play, is here and now today." -Donny Osmond, 'This is the moment" Well, Wednesday (14 December 2016), to be precise ...

Locked in

BENJAMIN ONG  |  MONDAY, 5 DEC 2016
It isn't called the "mother of all stats" for nothing. The US non-farm payrolls report is the most-watched, eagerly-awaited, much-speculated and heavily-dissected statistic not only in America but around the globe. But its outing last Friday produced ...

Trump protectionism protects not the emerging markets

BENJAMIN ONG  |  MONDAY, 28 NOV 2016
Reflation - the word that dominated central bank memes after the global financial crisis is back in vogue. While it became something of "it's at the back of everyone's minds, but not talked about" in intervening years, President-elect Trump has brought ...

The president is a Trump

BENJAMIN ONG  |  THURSDAY, 10 NOV 2016
Donald Trump - the "misogynist", the "sexual predator", the "racist", the "lying cheat", the "clown", the "narcissist", "the most hated man in America" is now President-elect of America. No one, or so it seems, like him. Not the media - mainstream and ...

ASIC permanently bans dishonest adviser

KERRIE SYDEE  |  MONDAY, 31 OCT 2016
ASIC has permanently banned a New South Wales financial adviser from providing financial services. Ashley Howard was banned after an investigation found he had engaged in dishonest conduct, maintained that trading he was conduction was authorised, provided ...