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Showing 2081 - 2090 of 2520 results for "Central Bank"

Gold's dimming lustre

BENJAMIN ONG  |  THURSDAY, 4 FEB 2010
Gold's spectacular run in 2009 appears to have run out of puff this early in the New Year. The yellow metal produced a hefty 27.1 per cent return last year as prices jumped from US$862.20 per ounce in January 2009 to a high of US$1,212.00 an ounce on ...

RBA mixes its game

BENJAMIN ONG  |  WEDNESDAY, 3 FEB 2010
... Australian Open might be finished but yesterday we had the RBA mixing its play to win game, set and match. The Australian central bank kept the official cash rate unchanged at 3.75 per cent, defying universal certitude that interest rates would be an ...

One down, more to go

BENJAMIN ONG  |  THURSDAY, 28 JAN 2010
There were no surprises contained in the Fed's statement after it concluded its two-day FOMC meeting overnight. Wall Street breathed a sigh of relief. One down! "The Committee will maintain the target range for the federal funds rate at 0 to 1/4 percent ...

Market Wrap - Morning

AAP  |  THURSDAY, 28 JAN 2010
... Fed released its statement following a two-day meeting on interest rates, then advanced as investors digested the central bank's statement. Treasury prices reversed direction and fell after the statement as investors withdrew money from safe haven holdings. ...

Now that's challenging

BENJAMIN ONG  |  MONDAY, 25 JAN 2010
We knew 2010 would be challenging, but not this way. Not like this. Yes Virginia, we agreed that 2010 would be challenging. We thought it would be challenging because America would experience turtle-paced economic growth at best. We thought it would ...

ADHD

BENJAMIN ONG  |  THURSDAY, 21 JAN 2010
... ordered lending institutions to stop lending for the rest of January after credit limits were exceeded. Any responsible central bank or government would do the same to prevent economic disequilibrium. China targets lending growth of 7.5 trillion yuan ...

Good For China

BENJAMIN ONG  |  THURSDAY, 14 JAN 2010
... bill rates. Investors should welcome the PBOC's fine-tuning (for that's what it is) of monetary policy settings. The central bank's actions ensure that China's economy does not overheat and domestic inflation remains under control. Like the Reserve Bank ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 13 JAN 2010
... speculation in its economy was also negative for the market, said Scott Marcouiller at Wells Fargo Advisors. "The Chinese central bank raised the proportion of deposits that banks must set aside as reserves in an attempt to cool the economy and avoid ...

Jobs

BENJAMIN ONG  |  FRIDAY, 11 DEC 2009
Jobs, jobs, jobs. Another month, another good jobs report. Yes, ladies and gents, Australia's labour market continues to improve. The Australian Bureau of Statistics released the latest tally showing that jobs downunder increased by 31,200 in November ...

Company sales earnings on hold till 2011: Zurich

MICHAEL HOBBS  |  THURSDAY, 10 DEC 2009
Australian listed companies may not start posting solid earnings growth for at least another calendar year, an investment expert predicts. Matthew Drennan, general manager of investments at Zurich Financial Services Australia, said overall, local listed ...