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Showing 201 - 210 of 2965 results for "Overnight"

Go ahead BOE, make my day

BENJAMIN ONG  |  WEDNESDAY, 18 OCT 2017
... months." But since then, the pound has drifted lower against its major currency counterparts - down by 3.1% to US$1.3169 overnight from US$1.35 after the BOE's September meeting; down by 2% to ¥147.93 over the same period; and down by 1.4% to €1.1205. ...

ASIC adds life insurance to school curriculums

KARREN VERGARA AND JAMIE WILLIAMSON  |  THURSDAY, 28 SEP 2017
... such as predatory lending, the danger of credit card debt, saving early and investing, while also exposing the myth of overnight success as perpetuated by athletes, actors and musicians. The band seeks sponsorships from financial advice firms, non-profits ...

On the road to normal

BENJAMIN ONG  |  TUESDAY, 19 SEP 2017
... broadly as anticipated. Even the markets have taken this on board. Yields on two-year US Treasuries jumped to 1.38% overnight - a 13 basis point increase from the 1.25% level it closed at on the week ended 8 September. Yields on the tenners went up by ...

Wall Street interrupted

BENJAMIN ONG  |  TUESDAY, 12 SEP 2017
... up for the 0.6% decline it recorded at the close of trading last week); the Dow Jones Industrial Average gained 1.2% overnight (from -0.9% last week) and regained its hold above the 22,000-point mark; Bloomberg's US dollar spot index increased by 0.6% ...

Euro strength is a source of weakness

BENJAMIN ONG  |  FRIDAY, 8 SEP 2017
It didn't happen overnight, but it did happen. European Central Bank president Mario Draghi's concern over the impact of the euro currency's appreciation, that is. Recall that the ECB had been conspicuous in its silence about the euro since its 20 July ...

Canada economic growth changes gears

BENJAMIN ONG  |  THURSDAY, 7 SEP 2017
The financial headlines talked about the Bank of Canada's (BOC) decision last night to raise its benchmark overnight rate by 25 basis points to 1% - and the Bank Rate and the deposit rate by the same to 1.25% and 0.75% - as having taken the markets ...

Fed gets green light

BENJAMIN ONG  |  WEDNESDAY, 16 AUG 2017
US data releases dumped on our screens overnight, combined with easing US/North Korean tensions, provide another green light for the Fed to proceed with policy normalisation. Balance sheet unwinding and another rate hike before 2017 turns into 2018 ...

Trump and Kim go ballistic

BENJAMIN ONG  |  FRIDAY, 11 AUG 2017
... Jong-un would back down. Financial markets are correct to be worried. The VIX index - the "fear gauge" - jumped by 44.4% overnight; the S&P 500 index dropped by 1.5%; and the yield on US 10-year Treasuries fell by five basis points. But we've seen this ...

Low-flation to lower-flation?

BENJAMIN ONG  |  THURSDAY, 27 JUL 2017
... the US central bank's more dovish tone reversed the Australian dollar's direction, sending it back up above US$0.80 overnight. The Fed's change of tone sent the US dollar index to its lowest level in 14 months that, in turn, is boosting commodity prices ...

Insurtech is coming and could make insurance obsolete: PwC

EMMA RAPAPORT  |  WEDNESDAY, 26 JUL 2017
... observation that insurers may move from compensating for loss to preventing it in the first place. "It won't happen overnight, but watch this space," he said. According to CB Insights data, global deals to insurance tech startups rose 42% a year-over-year ...