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Showing 331 - 340 of 1272 results for "US DOL"

Bad news day

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2015
"I got chills, they're multiplying." Risks are again off the table as the bad news flow keeps on flowing. Most of them we already know and some are just coming to the fore. The uncertainty over the "when" of the Fed's first step towards policy normalisation. ...

Not happy Jan

BENJAMIN ONG  |  MONDAY, 21 SEP 2015
"Not happy, Jan!" This was Wall Street's immediate verdict on the Fed's disclosure of its non-decision following the much-awaited and much speculated 16-17 September FOMC meeting. The S&P 500 index declined by 1.6%; the Dow by 1.7%; Nasdaq by 1.4% ...

Yuan stable (for now)

BENJAMIN ONG  |  TUESDAY, 8 SEP 2015
News that China has revised its 2014 growth estimate from 7.4% -- the lowest in almost 25 years and missing its 7.5% target for that year - to 7.3% may have raised only a few eyebrows but it certainly added fuel to accusations that the People's Bank ...

It's the Fed, stupid

BENJAMIN ONG  |  WEDNESDAY, 26 AUG 2015
Are we barking at the wrong tree? Let me rephrase that, we are barking at the wrong tree. It has been less than a month ago - before this wailing and gnashing of teeth - that bad China news brought hopes that central command would fight back with stimulus ...

A$ falls to the occasion

BENJAMIN ONG  |  TUESDAY, 25 AUG 2015
Australians all let us rejoice... for that recession we've long been longing to have might be just around the next bend. By now, Virginia, you would have read all about "Bloody Monday" - when "ASX loses $60 billion in worst day since the GFC" (9news.com.au) ...

Should the Fed re-launch QE?

BENJAMIN ONG  |  FRIDAY, 21 AUG 2015
Ask not when the Fed would start raising interest rates but whether the Fed should re-launch QE. Let's take a trip back to 29 July, Virginia - the day the Fed released its policy statement at the conclusion of its 28-29 July FOMC meeting - it was sliced ...

Bangkok bombs and Malaysia's terror

BENJAMIN ONG  |  THURSDAY, 20 AUG 2015
The 2.7% drop in Thailand's SET index and the half a percent drop in the Thai baht to 38.58 versus the US dollar - the lowest since April 2009 -- dominated the financial press headlines the day after the night (17 August) Bangkok was bombed. As it should. ...

Empire State bombs out

BENJAMIN ONG  |  TUESDAY, 18 AUG 2015
Whoa! If this is an indication of things to come, then you can forget a lift-off in September, or in December... perhaps, forget all about it for all of next year. Yes Virginia, I refer to the drop in the Empire State Manufacturing Index. And girl ...

Easing cycle over for now

MARK SMITH  |  FRIDAY, 14 AUG 2015
The Reserve Bank's two-pronged monetary easing measures look to have come to an end but our central bankers will remain watchful of the currency, according to Goldman Sachs Asset Management executive director and global fixed income portfolio manager ...

Three for three

BENJAMIN ONG  |  FRIDAY, 14 AUG 2015
The "rule of three" states that, "things that come in threes are inherently funnier, more satisfying, or more effective than other numbers of things". (Wikipedia) The People's Bank of China (PBOC) must be a believer for yesterday it went for a devaluation ...