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Showing 201 - 210 of 2971 results for "Overnight"

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 ...

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% ...