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Showing 261 - 270 of 2971 results for "Overnight"

August angst to September mourn

BENJAMIN ONG  |  WEDNESDAY, 2 SEP 2015
... risk waters. Financial markets are again in upheaval and fear is once more on the rise - the VIX index spiked 10.5% overnight to a reading of 31.40. It's China that did it! Oh yes, Virginia, yesterday's official PMI result reminded all and sundry that ...

Asia: Between fortune and fate

LAURA MILLAN  |  WEDNESDAY, 26 AUG 2015
... foreign investors are less than 2%. This makes it a highly volatile exchange. However, even an 8% fall of the market overnight can provide opportunity for investors: "Domestic investors with access to foreign markets have sold what they can, so there's ...

Too much ado about a speck

BENJAMIN ONG  |  WEDNESDAY, 12 AUG 2015
It didn't happen overnight, but it happened... yesterday. That thing I mused about exactly five months ago -12 March 2015 - China devalued its currency. (http://www.financialstandard.com.au/news/view/48312386) "It is perhaps still too early for QE ...

Five minutes of commodity sunshine?

BENJAMIN ONG  |  TUESDAY, 11 AUG 2015
... everything, and non-conventional policies. Take the case of China - which by the by started the equity shopping spree overnight. Beijing reported tumbling exports - down 8.3% in the year to July - indicating weak global demand and diving imports - down ...

Water, water everywhere

BENJAMIN ONG  |  FRIDAY, 7 AUG 2015
... BOE would not raise interest rates... just yet. The British currency's reaction confirmed this - it slipped by 0.6% overnight against both the US dollar and the euro. The interest rate outlook is also supported by the BOE's latest growth and inflation ...

Reading too much out of nothing at all

BENJAMIN ONG  |  THURSDAY, 30 JUL 2015
... 28-29 tete-a-tete. But what was surprising was Wall Street's reaction - the Dow and the S&P 500 index both climbed 0.7% overnight - to headlines upon headlines alluding to a September lift-off. Wall Street's positive reaction is confounding because this ...

The "old economy" that is Australia

BENJAMIN ONG  |  WEDNESDAY, 22 JUL 2015
... something wrong with our share market because, "The main US stock index, the S&P 500, hit another fresh record high in overnight trading. Contrast that with the benchmark index in Australia, the S&P/ASX 2000 [sic], which, while up slightly today, is ...

Gold's no longer gold

BENJAMIN ONG  |  TUESDAY, 21 JUL 2015
... there's just no bringing back gold's shine. Gold was hit for six - that is, prices dropped for a sixth consecutive day overnight - down to a low of US$1,088.05 per ounce (the lowest since March 2010). It managed to close a bit on the up to US$1,102.05 ...

Fed lady sings (the same old song)

BENJAMIN ONG  |  FRIDAY, 17 JUL 2015
... the deadline delay by the Greek Parliament. No one dared move... just in case. The S&P 500 index showed more reaction overnight - up 0.8% -- more because of Greece (austerity measures passed by Parliament) and better-than-expected US company earnings ...

Round and round we go

BENJAMIN ONG  |  THURSDAY, 16 JUL 2015
... uncertain, and unanticipated developments could delay or accelerate this first step". The Bank of Canada's "surprise" move overnight, cutting interest rates by 25 bps to a 6-year low 0.5% also brings us back to early this year. Remember the series of ...