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Showing 191 - 200 of 1452 results for "Australian Dollar"

Australia's weekus horribilis

BENJAMIN ONG  |  MONDAY, 27 AUG 2018
... MSCI equity index for developed markets rose by 0.8% and that for emerging markets increased by 2.4%. While the Australian dollar's exchange rate versus the US dollar managed to end the week with a 0.1% advance to US$0.7329, it was small beer compared ...

Chief economist update: Inflation genie still inside the box

BENJAMIN ONG  |  THURSDAY, 26 JUL 2018
... recent 2.1% increase in overall consumer prices means that growth in real wages are now nil. Then there's the Australian dollar - it dropped by 4.4% in the year to the June quarter which should raise the cost of imports that are in turn, passed onto ...

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 ...

Citi launches currency product, targets HNW investors

DARREN SNYDER  |  MONDAY, 4 JUN 2018
... when using local currency, reducing cost and hassle, Machet said. Currencies in the GCA currently include the Australian Dollar, US Dollar, British Pound, Euro, Canadian Dollar, Hong Kong Dollar, Japanese Yen, New Zealand Dollar, Singapore Dollar and ...

Chief economist update: A$ falls to the occasion

BENJAMIN ONG  |  WEDNESDAY, 2 MAY 2018
"My fellow Australians, ask not what your country can do for the Australian dollar, ask what the Australian dollar can do for your country." That's me bastardising John F. Kennedy's inaugural address as the 35th US President back in 1961 (before I was ...

Chief economist update: Caught in the crossfire

BENJAMIN ONG  |  TUESDAY, 3 APR 2018
... reality. There'll be no place to hide if this happens. But one thing going for this 'Lucky Country' is that the Australian dollar is once again starting to rise to the occasion, the same thing it did during the Asian financial crisis of 1997/1998 and ...

Chief economist update: RBA to lift rates after 2018

BENJAMIN ONG  |  THURSDAY, 8 FEB 2018
... left would likely be spent on reducing record high household debt levels and on cheaper imports, thanks to the Australian dollar's higher exchange rate. This is underscored by the deterioration in the country's trade balance from a A$36 million surplus ...

Chief economist update: RBA stuck in slow inflation lane

BENJAMIN ONG  |  THURSDAY, 1 FEB 2018
... Not only this, whatever household spending is left would be likely be spent on cheaper imports, thanks to the Australian dollar's higher exchange rate. Looks like it'll be "plus c'est la meme chose" for the RBA for a little longer. Ben Ong is the Director ...

Chief economist update: Red light on greenback

BENJAMIN ONG  |  THURSDAY, 25 JAN 2018
... vis-a-vis the yen. This is on top of the dollar's depreciation in 2017 of 3.0%, 4.9% and 1.5%, respectively. The Australian dollar has risen by 3.2% against the big dollar this year to date following an 8.0% appreciation in 2017. The rationales put behind ...

Aussie currency drives fund launch

DARREN SNYDER  |  WEDNESDAY, 10 JAN 2018
A $600 billion global asset manager is running its first Australian dollar money market fund, responding to institutional and wholesale investor demand from across Asia Pacific. HSBC Global Asset Management launched its first Australian Dollar Liquidity ...