Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 241 - 250 of 2965 results for "Overnight"

US dollar downed

BENJAMIN ONG  |  THURSDAY, 4 FEB 2016
Wall Street is up - S&P 500 index closed 0.5% higher after dropping by as much as 1.5% overnight - as the US dollar plunged - Bloomberg US dollar index down 1.6% -- and oil prices soared by around 7% (despite the Department of Energy's report that crude ...

CalPERS chief executive retires

DARREN SNYDER  |  FRIDAY, 22 JAN 2016
... Stausboll announced she will retire in June 2016. The California Public Employees' Retirement System (CalPERS) announced overnight that Stausboll will leave the system after more than seven years at the helm. In a statement Stausboll said she was ready ...

And then there's gonna be five

BENJAMIN ONG  |  TUESDAY, 1 DEC 2015
It didn't happen overnight, but it will happen. It may be a bit of an anti-climax but it's now official... the Chinese yuan will formally join the US dollar, the euro, the Japanese yen and the British pound in the International Monetary Fund's basket ...

Pepared for "lift-off" watch out for "ceasing"

BENJAMIN ONG  |  FRIDAY, 20 NOV 2015
... adjustments - during this time when a US interest rate hike would soon come a-visiting. The S&P 500 index maybe off 0.1% overnight but this followed a 1.6% jump the night before. The VIX index was up 0.8% last night but not before dropping 10.6% the ...

No December lift off? Small chance

BENJAMIN ONG  |  THURSDAY, 19 NOV 2015
... until it didn't. Will this time be different? The VIX index says yes it will. It dropped by 10.6% to a reading of 16.85 overnight. Wall Street says yes it will. The S&P 500 index rallied 1.6% overnight and yield on 10-year US Treasuries increased only ...

December lift-off, yeah, sure

BENJAMIN ONG  |  THURSDAY, 29 OCT 2015
... October tete-a-tete. But what was surprising was Wall Street's reaction - the Dow and the S&P 500 index both climbed 1.2% overnight - to headlines upon headlines alluding to a December lift-off. Wall Street's positive reaction is confounding because ...

Hotel California

BENJAMIN ONG  |  TUESDAY, 27 OCT 2015
Ho ho ho and ha ha ha. The truth is out. Wall Street dipped overnight and so did the Euro Stoxx 50 - after their strong gains of the past week because, wait for it......because investors suddenly realised that the ECB and the PBOC's early Christmas ...

Lift-off off

BENJAMIN ONG  |  FRIDAY, 16 OCT 2015
... the Fed would, if the Fed could. But expanding on his colleague's thoughts, NY Fed president William Dudley commented overnight that, "The recent economic news suggests the economy is slowing and we have these developments in China and emerging market ...

Big trouble in big China

BENJAMIN ONG  |  WEDNESDAY, 14 OCT 2015
... trouble in big China and it'll come falling down our heads. Just have a look at the fear index - the VIX jumped to 17.67 overnight from 16.17 the day before. Markets are so scared they've forgotten the index's reading of 27.63 just over a forthnight ...

Inflation expectations says no

BENJAMIN ONG  |  TUESDAY, 13 OCT 2015
... a lift-off in October at 7% and December at 36% (yup, not even a coin flip). The US dollar's fall to three-week low overnight -- down 5.4% from its March peak - supports this. But with the financial markets getting some sort of stability over the past ...