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

Search Results

Showing 341 - 350 of 1272 results for "US DOL"

PBOC does an SNB

BENJAMIN ONG  |  THURSDAY, 13 AUG 2015
Look ma, China's central bank must have read the piece I've written yesterday morning calling their 1.9% devaluation a mere speck. The People's Bank of China (PBOC) topped it up with another devaluation of 1.6% by the afternoon for a grand total of ...

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 ...

Magellan doubles profit, boosts FUM

LAURA MILLAN  |  TUESDAY, 11 AUG 2015
Magellan Financial Group reported a 110% increase in net profit for the year to 30 June 2015 mainly thanks to double digit returns in all of its funds. "The largest contributor to funds under management during the past was actually investment performance. ...

Five minutes of commodity sunshine?

BENJAMIN ONG  |  TUESDAY, 11 AUG 2015
Roll out the barrel, roll out the barrel of fun... for it's gonna be a good day, gonna be a good, good day for Australian equities. Well, at least at the open with the SPI futures trading up 36 points. Yes, at the open, for we've been here many, many ...

Water, water everywhere

BENJAMIN ONG  |  FRIDAY, 7 AUG 2015
Super Thursday. This is the term coined for the Bank of England's (BOE) data dump - announcing the monetary policy committee's (MPC) decision on interest rates, the MPC meeting minutes that led to the decision and the quarterly inflation report all ...

Market to open lower

AAP  |  FRIDAY, 24 JUL 2015
The Australian market looks set to open lower after US stocks fell for a third straight session as disappointing earnings from Caterpillar, American Express and others overshadowed some stronger reports. At 0815 AEST on Friday, the September share price ...

Gold's no longer gold

BENJAMIN ONG  |  TUESDAY, 21 JUL 2015
Well they tried, and they tried, and they tried, but it seems that 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 ...

A$ down but would it stay down?

BENJAMIN ONG  |  MONDAY, 20 JUL 2015
Here we go, here we go, here we go... The dollar-A is back in the news again. For it's fallen below US74Ac at the close of trading last week and early morning exchanging shows the dollar-A is currently holding that level at US US73.71Ac Can't help but ...

ANZ ETFs added to BT, Asgard platforms

ALEX BURKE  |  THURSDAY, 16 JUL 2015
The exchange-traded funds developed jointly by ANZ and ETF Securities have been added to the BT and Asgard investment and super platforms. Specifically, investors using the BT SuperWrap, BT Wrap and Asgard eWRAP platforms now have access to the ANZ ...

Market to open flat

AAP  |  THURSDAY, 2 JUL 2015
The Australian market looks set to open flat following gains on US and European markets after news that Greece had sought a new bailout package. At 0809 AEST on Thursday, the June share price index futures contract was down three points at 5,475. In ...