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Showing 191 - 200 of 2965 results for "Overnight"

Chief economist update: Bad news is good news returns?

BENJAMIN ONG  |  THURSDAY, 15 FEB 2018
Say what? That'll be any rational investor's reaction when you tell him about Wall Street's overnight rally at the same time that the things that scared the bejesus out of them - rising inflation - in early February proved even worse than they expected. ...

Chief economist update: The Fed's force is with us

BENJAMIN ONG  |  FRIDAY, 9 FEB 2018
... turned bad? For sure, the rise and rise of US bond yields are giving equity investors a run for their money. Though down overnight to 2.82% (Bloomberg data) from 2.84%, the recent rise in the 10-year Treasury bond yields have reduced the S&P 500's premium ...

Chief economist update: This time is different

BENJAMIN ONG  |  WEDNESDAY, 7 FEB 2018
... we're getting back to the "Old Normal" now... hopefully with lessons learnt. Having said that, the Dow's 2.3% rebound overnight could still be tested in the coming days, weeks and even months... but this would all be for the better.

Chief economist update: The spook on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 31 JAN 2018
... Haven as Selloff Worsens: Markets Wrap" (Bloomberg) Yes Virginia, the US stock market had tumbled, sold off and crushed overnight. The final tally showed the S&P 500 index down 1.1%; the Dow down 1.5%, the Nasdaq 0.9% and the Russell 2000 1%. The butcher ...

Chief economist update: Red light on greenback

BENJAMIN ONG  |  THURSDAY, 25 JAN 2018
Down, down, the US dollar is down (again). Bloomberg's USD index shows that the US dollar dropped 1.0% overnight - taking its 2018-to-date decline to minus 3.2% -- on the back of US Treasury Secretary Steven Mnuchin's comments At the World Economic ...

Powell power

BENJAMIN ONG  |  THURSDAY, 30 NOV 2017
... earth-shattering in US Federal Reserve Chair Janet Yellen's testimony before the Joint Economic Committee of the US Congress overnight where she discussed 'The Current Economic Outlook and Monetary Policy'. Growth is gaining momentum, inflation remains ...

Advisers require entrepreneurial hat

KARREN VERGARA  |  MONDAY, 27 NOV 2017
... clients and hire high-calibre staff, as well as ensuring it's sustainable. Building a successful business didn't happen overnight and there were no short cuts, Tate-Lovery warned. "If you're in it for the long term, then you will make those small, incremental ...

C is the key

BENJAMIN ONG  |  WEDNESDAY, 22 NOV 2017
... Still low, but rising nonetheless. But with Wall Street again proving the saying that "records are meant to be broken" overnight, the Fed could afford to do just that were it not for the still missing pick-up in inflation. This is also because the US ...

BOE does what it said it would do

BENJAMIN ONG  |  FRIDAY, 3 NOV 2017
... policy council meeting (MPC). The announcement marks the first time in more than a decade that the BOE raised its key overnight benchmark rate. The UK central bank last moved interest rates higher on the 5th of July 2007, taking the Bank Rate up from ...

US recommends asset manager stress tests be removed

DARREN SNYDER  |  FRIDAY, 27 OCT 2017
US Treasury released a report overnight that makes several recommendations for its financial services industry, including the elimination of statutory stress testing for investment managers. The stress testing call came as part of several recommendations ...