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Showing 2821 - 2830 of 6939 results for "% December"

One Direction and the BOE

BENJAMIN ONG  |  MONDAY, 20 MAR 2017
There's "One Direction (1D)" - the English-Irish pop music boy band -- and there's the Bank of England (BOE). Like the big event of March - the US Federal Reserve lifted the fed funds rate by 25 basis points to 0.75% - 1.0% at its 15-16 March FOMC meeting ...

Major ASIC project finds serious financial advice concerns

ALEX BURKE  |  FRIDAY, 17 MAR 2017
ASIC has released a report on how large financial advice firms have addressed serious conduct, compliance and customer remediation issues, revealing serious concerns about how the industry has operated over the past five years. The report is part of ...

More fires than hires

BENJAMIN ONG  |  FRIDAY, 17 MAR 2017
Markets received their regular does of adrenalin again yesterday when the Australian Bureau of Statistics (ABS) released its latest stats on the country's labour market. The seasonally adjusted numbers showed total employment dropped by 6,400 in February ...

One small rise in rates, one giant step towards normalisation

BENJAMIN ONG  |  THURSDAY, 16 MAR 2017
Don't you just love it when things turn out as expected? Wall Street surely did. US equities jumped -- Dow up 0.5%, S&P up 0.84%, Nasdaq up 0.7%, Russell 2000 up 1.5% -- the VIX index dropped by 5.5% and instead of climbing, the US dollar index fell ...

Largest Aussie single solar project deal sealed

JAMIE WILLIAMSON  |  TUESDAY, 14 MAR 2017
The Commonwealth Bank and Clean Energy Finance Corporation have joined forces with one of Germany's biggest banks in Australia's largest single solar project financing deal to date. As financing partners to Edify Energy and international investor Wirsol ...

QSuper member experience chief departs

JAMIE WILLIAMSON  |  TUESDAY, 14 MAR 2017
QSuper is on the hunt for a new chief of member experience as it prepares to become a public offer fund in June. The $67 billion super fund confirmed that Andrew Baker resigned in January, with head of product and services Kim Hughes taking on the role ...

Insto trading volumes surge

KARREN VERGARA  |  MONDAY, 13 MAR 2017
Institutional trading volumes inside Liquidnet's global network jumped 44% in the three months to December 2016, outpacing the Australian public markets. Liquidnet's latest figures also show about $2.7 billion of principal was traded, driven by growing ...

Traded goods inflation

BENJAMIN ONG  |  FRIDAY, 10 MAR 2017
Quickening US import and export price inflation indicates that, barring a surprisingly weak US non-farm payrolls report (released later tonight), the fed funds rate would be at 0.75%-1.0% in about five days' time (15th of March). Import prices rose ...

Chinese inflation slows and quickens

BENJAMIN ONG  |  FRIDAY, 10 MAR 2017
People's Bank of China (PBOC) deputy governor Yi Gang's predicted inflation rate of 2% - 3% for this year appears at risk should the recent sharp slowdown in CPI inflation persist over the coming months. Headline inflation increased by a mere 0.8% in ...

Low-flation at the core

BENJAMIN ONG  |  FRIDAY, 10 MAR 2017
Low-flation at the core The European Central Bank's (ECB) governing council decided to keep monetary policy steady - refinancing rate at 0%, deposit rate at -0.4%, marginal lending facility at 0.25% -- while at the same time confirming that its asset ...