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Showing 11 - 20 of 24 results for "Peso"

Mexican pain

BENJAMIN ONG  |  FRIDAY, 10 FEB 2017
... wall is hurting the country of tequilas. The first transmission mechanism of the hurt was through the currency. The Mexican peso dropped from 17.63 peso per US$1 at the beginning of 2016, to 22 pesos a buck on 20 January - the day of Donald Trump's inauguration. ...

The Fed lady and the Trump

BENJAMIN ONG  |  MONDAY, 12 DEC 2016
... greater upward pressure on the US dollar against not only the yuan but also the euro, the yen, the A-dollar, the Mexican peso, the... "...it just doesn't work, folks."

Trump bigger than Brexit

ALEX BURKE, DARREN SNYDER  |  THURSDAY, 10 NOV 2016
... see greatest impact. "The main immediate impact will be visible in the emerging markets. Indeed we have already seen the Peso fall and the Mexican central bank call an emergency meeting. The last time the Mexican peso experienced such a fall the Mexican ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 24 MAR 2016
... once again the weak state of the global economy which, for Manila, is compounded by the re-strengthening of the Philippine peso. After depreciating versus the US dollar for most of 2015 to a low of PHP48.049 by late January this year, the currency reversed ...

Easing cycle over for now

MARK SMITH  |  FRIDAY, 14 AUG 2015
... short a basket of Asian currencies. "Despite being cautious on emerging market currencies generally, we hold a long Mexican peso position as we expect ongoing structural reform to be positive for the currency over the medium term," Reynolds explained. ...

Banks eye Google Glass as tech opportunity

LAURA MILLAN  |  FRIDAY, 4 APR 2014
Westpac is developing a Google Glass application that will allow users to access bank accounts, make fund transfers or locate nearby ATM machines. The bank announced this week that it is currently developing an application for Google Glass, which is ...

First quarter stasis and A$ ADHD

BENJAMIN ONG  |  THURSDAY, 27 MAR 2014
... for Fed taper) at the start of January and the sell-off in emerging markets - prompted by Argentina's depreciation of the peso and the fall in the Turkish lira - in the dying days of the first month of 2014. There was optimism. If I have to pick the ...

Survivor: the Philippines

BENJAMIN ONG  |  TUESDAY, 12 NOV 2013
"The thing that a lot of people cannot comprehend is that Mother Nature doesn't have a bullet with your name on it, she has millions of bullets inscribed with 'to whom it may concern". (unknown) The 2004 Boxing Day tsunami that wrought deaths and disaster ...

Downswing in bond yields clear path for Absolute Return Fixed Income

MARK SMITH  |  THURSDAY, 30 MAY 2013
... eventually correct. That's also true in the US," Djounov said. Another opportunity is the fundamental appreciation of the Mexican peso. Mexico has followed a very conservative economic policy, running a balanced budget. Wage increases in China also now ...

It's more fun in the Philippines

BENJAMIN ONG  |  TUESDAY, 10 JUL 2012
... Manila Composite Index has risen by 22.7%. And that's still not counting the extra gains (for offshore investors) from the peso's 4.8% appreciation this year. Despite weak US growth, a slowdown in China and troubles in Europe, the Philippines' real GDP ...