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Showing 361 - 370 of 600 results for "Currencies"

Ashton launches Gold Share Class

RACHEL DAVIS  |  THURSDAY, 8 DEC 2011
... terms, over the long term. "Gold is simply a yardstick - a reference point if you like - against which fiat (i.e. paper) currencies are measured and valued. The steady rise in the gold price merely reflects the public's loss of confidence in paper currencies," ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 30 NOV 2011
... - The New Zealand dollar rose about 1 US cent and the Australian dollar climbed back above $US1 on perceptions the currencies are a relative safe haven as Europe grapples with its debt woes.

Market Wrap - Morning

AAP  |  TUESDAY, 22 NOV 2011
... trader Stuart Ive said a raft of negative headlines last night pushed world financial markets lower and weakened risk currencies like the Australian dollar. "There's not very much good news out there," Mr Ive said. "What we saw was continued risk aversion ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 16 NOV 2011
... meeting. However, on Tuesday night, Australian time, increased pessimism about the eurozone crisis saw all the major currencies fall against the US dollar. Bank of New Zealand currency strategist Mike Burrowes said the rising cost of borrowing for European ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 2 NOV 2011
... Tuesday night. "It was a case of Greece adding to the downward momentum we saw yesterday," he said from Auckland. "We saw currencies bounce a little after a couple of members of the Greek parliament said there would not be a referendum and they wanted ...

MLC/NAB earnings down but advisers up

ELISE BURGESS  |  FRIDAY, 28 OCT 2011
... investment markets and subdued discretionary flows. Cash earnings decreased by 6.2% to $661 million from fixed income, currencies, commodities and treasury markets. The decline in cash earnings for the wealth management arm was attributed to weak investment ...

Market Wrap - Morning

AAP  |  FRIDAY, 28 OCT 2011
... Facility (EFSF) to one trillion euros ($A1.34 trillion). Bank of New Zealand currency strategist Mike Burrowes said currencies, equities and commodities rallied in response to the news. "It was a massive move in terms of the Aussie as well, which moved ...

Volcker Rule could slash Wall Street incomes 25%

ALEX DUNNIN  |  THURSDAY, 13 OCT 2011
... the markets themselves nothwithstanding that they believe market making in government bonds, commodities and foreign currencies have lead to excessive speculation. Based on draft legislation written by the Board of Governors of the Federal Reserve System ...

Market Wrap - Morning

AAP  |  FRIDAY, 30 SEP 2011
... per cent in the fourth quarter of 2010. On foreign exchange markets, the euro gained on buybacks against other major currencies in Asia. The euro fetched $1.3608 in Tokyo trade against $1.3536 in New York late Wednesday. The European single unit also ...

Australian bullion exchange to launch

ELISE BURGESS  |  FRIDAY, 23 SEP 2011
... discovery will be the core function of the exchange, priced on real time international bullion market in nine different currencies. While no financial products are traded on the ABX, the physical bullion is ready for delivery and appropriate for short ...