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Showing 351 - 360 of 2018 results for "Financial Markets"

Chief economist update: Powell blamed for fall on Wall Street

BENJAMIN ONG  |  THURSDAY, 14 MAY 2020
... Bostic), Chicago (Charles Evans) and, Minneapolis (Neel Kashkari) - days before. The bottom line is that with financial markets still highly sensitive to what they deem as negative news, markets haven't bottomed out yet.

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 11 MAY 2020
... more than 20 million American workers (as of latest count) now without jobs. The same cost-cutting measures financial markets expect companies to implement to shore up profits are the same ones that would raise the unemployment some more, reducing consumer ...

Chief economist update: Annus horribilis with a vengeance

BENJAMIN ONG  |  FRIDAY, 8 MAY 2020
... uncertain. It will depend critically on the evolution of the pandemic and how governments, households, businesses and financial markets respond." Tell us something we don't already know. Well, what we don't know is how low the BOE could go in ...

Chief economist update: Will emerging markets be first to emerge?

BENJAMIN ONG  |  THURSDAY, 7 MAY 2020
... emerging market currencies remain under pressure against the US dollar and this will persist for as long as financial markets remain volatile. The depreciation in emerging market currencies would compound already ballooning emerging market debt as their ...

Former AFSL director banned

ELIZA BAVIN  |  TUESDAY, 5 MAY 2020
ASIC has cancelled the AFSL of Olive Financial Markets following concerns that it had not complied with its obligations as an AFS licensee and that it was likely to contravene its obligations in the future. Olive Financial applied to the Australian ...

Chief economist update: No escaping the inverted yield curve

BENJAMIN ONG  |  MONDAY, 4 MAY 2020
... where 13 of 17 foresee no change in interest rates in 2020 and the other four expecting a rate HIKE this year. Financial markets appear to agree and this is consistent with the CME FedWatch Tool that shows majority of market participants expect no change ...

ERS top of mind for advisers

ELIZA BAVIN  |  MONDAY, 4 MAY 2020
... pension drawdowns as the government relaxed the rules and retirement balances were hit by the volatility in financial markets. This was followed by enquiries about the federal government's JobSeeker payment and JobKeeper wage subsidy. AMP technical strategy ...

Gargantuan stimulus needed to survive economic disaster

ALLY SELBY  |  WEDNESDAY, 29 APR 2020
... one of the lowest net debt to GDP ratios in the developed world. "If stimulus is big enough to be successful, financial markets will understand that debt issued by the Commonwealth will ultimately be backed by a higher GDP," Morley and Holden said. The ...

Bitcoin bonanza amid COVID-19 crisis

ALLY SELBY  |  MONDAY, 27 APR 2020
... "Some investors are forward-thinking and see the potential future benefits that the technology can bring to the financial markets and the world. "For others, they see Bitcoin as a potential hedge to the increasing risks prevalent in the financial market ...

Future Fund board members reappointed

KANIKA SOOD  |  FRIDAY, 17 APR 2020
... reappointments will ensure the Board continues to benefit from their significant experience and expertise across financial markets, corporate governance and public policy," Federal Treasurer Josh Frydenberg said in a statement. Kay has worked in finance ...