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Showing 191 - 200 of 238 results for "RBA Gov"

Aussie! Aussie! Aussie! Noi! Noi! Noi!

BENJAMIN ONG  |  TUESDAY, 31 JUL 2012
While waiting for CB's to walk their talks, I came upon a number of reports about how the Australian dollar is becoming a major reserve currency. It has rebounded to a five-month high of US$1.0510 last night and up 8.3% from this year's US$0.9705 low ...

Lucky in so many ways

BENJAMIN ONG  |  WEDNESDAY, 25 JUL 2012
We all know the drill. Once Europe's back in the headlines, markets suffer a case of the jitters. When they do, they begin hoping that a QE fix would soon be in the offing. Homer (the cartoon, not the Greek epic poet and author of the Iliad and the ...

Sure 25 but maybe 50

BENJAMIN ONG  |  TUESDAY, 1 MAY 2012
Ho-hum. There was nothing really all that interesting in the news that flowed out of overnight markets last night. It's the same old, same old. Data out of Europe only confirmed what we already knew and expected all along, Spain's now officially in ...

Can't fix what's not broken, yet

BENJAMIN ONG  |  TUESDAY, 3 APR 2012
It's that time of the month again folks - the time when we try to second guess what the Reserve Bank of Australia will do to interest rates. Will they? Won't they? Cut interest rates, that is. They will, then again perhaps they won't. Yes, Virginia ...

Australia's Apple

BENJAMIN ONG  |  TUESDAY, 20 MAR 2012
Apple today convinced investors to stay. This was the general thrust on the why's and wherefore's of Wall Street's good performance overnight. Apple CEO Tim Cook didn't launch yet another iTech innovation, but his announcement made investors happy all ...

Recycled scares

BENJAMIN ONG  |  WEDNESDAY, 7 MAR 2012
Roll out, no, no, put that barrel of fun back. Roll out the bad news. Which one? Would you like the one about Greece defaulting or the one that talks about Europe heading for (already in) recession? Or do you prefer a reiteration of the tale of China ...

New RBA deputy governor named

CLAIRE MCGREAL  |  TUESDAY, 6 DEC 2011
The Treasurer has named Dr Philip Lowe as the new deputy governor of the Reserve Bank of Australia (RBA). Lowe will take up the role on a seven year term from next February, succeeding Ric Battellino who is retiring from the RBA after 39 years. "I would ...

Market Wrap - Morning

AAP  |  MONDAY, 22 AUG 2011
The Australian dollar is slightly higher as optimism grows that the Eurozone will issue its own bonds in a bid to ease sovereign debt crisis. At 0700 (AEST) on Monday, the Australian dollar was trading at 103.85 US cents, up from 103.75 cents on Friday. ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 3 AUG 2011
The Australian dollar was over one US cent lower on Wednesday after the central bank kept the cash rates on hold on Tuesday and the release of weak US economic data overnight. At 0700 (AEST), the Australian dollar was trading at 107.80 US cents, down ...

Other play factors

BENJAMIN ONG  |  WEDNESDAY, 27 JUL 2011
What's the final deal going to be? Will they, won't they? Sorry Virginia, not talking about the grand theatrics that is the US debt ceiling negotiations this time. Today, I refer these questions to our very own Reserve Bank of the Advance Australia ...