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Showing 2111 - 2120 of 2520 results for "Central Bank"

Joined at the hip

BENJAMIN ONG  |  WEDNESDAY, 28 OCT 2009
... in activity and sentiment. And yet the BoC remains wary about the country's near-term outlook. So much so that the central bank found it necessary to issue a statement back in September - and reiterated after the October monetary policy meeting -- announcing ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 28 OCT 2009
... sank 34 per cent. Shares in BP ended the day 4.81 per cent higher. Banking stocks fell sharply after the European Central Bank said that bank lending to the private sector in the 16 countries that use the euro currency shrank in September for the first ...

On A$ parity and dashed whispers

BENJAMIN ONG  |  FRIDAY, 16 OCT 2009
... imprudent not to do so." With these words RBA Governor Glen Stevens set speculation afire - speculation that the central bank would raise rates another seven times before 2010 becomes 2011. This would take the current official cash rate of 3.25 per cent ...

Doom dollar

BENJAMIN ONG  |  TUESDAY, 13 OCT 2009
Just a day after this space commented on the risky proposition of holding US dollars, Bloomberg reports overnight that world central banks are diversifying out of the greenback. Data compiled by Bloomberg revealed that central banks have backed up their ...

The shrinking big dollar

BENJAMIN ONG  |  MONDAY, 12 OCT 2009
Falling US dollar equals increasing risk appetite? Hmmm...seems strange. The greenback fell to 14-month lows against major currencies last week before Big Ben Bernanke wagged his finger -- warning that, "The time will come when we have to tighten...We ...

Our fearful trip is done

BENJAMIN ONG  |  FRIDAY, 9 OCT 2009
... before the 1990/91 recession ended. They fell by 19 per cent before the 2001 recession ended. Meanwhile, the European Central Bank and the Bank of England are keeping their sails aloft, determined to reach dry land. Both kept interest rates unchanged ...

Rejoice for rates have risen

BENJAMIN ONG  |  WEDNESDAY, 7 OCT 2009
... course. At a time when other G-20 nations continue to debate the growth alphabet of their own recovery, Australia's central bank declared, 'no mas!' 'No mas' need for keeping interest rates at the emergency level and half a century low of 3 per cent. ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 7 OCT 2009
... Emerging Markets Index. The Australian share market closed stronger on Tuesday but well off its early highs after the central bank decided to raise the key cash rate. The benchmark S&P/ASX200 index closed up 18.3 points, or 0.4 per cent, at 4591.6 points ...

Bears cursed by September curse

BENJAMIN ONG  |  THURSDAY, 1 OCT 2009
General financial market optimism and momentum defeated the curse of September this year. Recall that on the very first day of September I wrote that, "the line of least resistance is for history to re-assert itself." Id est, worries that September ...

Liquidity flow versus trade flow

BENJAMIN ONG  |  MONDAY, 28 SEP 2009
There is no mistaking that in the battle between the bulls and the bears, the thundering herd of male cows have got the upper hand over the past six months. Investor sentiment has changed from fearing being in the market to dreading missing out. Despite ...