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

Search Results

Showing 371 - 380 of 2145 results for "Currency"

Chief economist update: Weaker yen strengthening Japan

BENJAMIN ONG  |  THURSDAY, 28 NOV 2019
... ¥105.08 versus the US dollar and €116.08 against the Euro as investors sought cover in the safety of the Japanese currency. The US dollar has appreciated by 3.9% and the Euro by 3.7% against the yen since, and this comes despite the BOJ not lifting ...

The AUD is key

BENJAMIN ONG  |  MONDAY, 18 NOV 2019
... interest rate cut on October 1." The A$/US$ is now back up to US$68.15. I've long been singing praises for a cheaper currency (except for when I'm planning an overseas trip). It's good in terms of underpinning growth in the domestic economy. ...

Perpetual Private awards bond mandate

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2019
... "Colchester provide our portfolios with a simplified and transparent exposure to an actively managed government bond and global currency strategy," Perpetual Private head of multi manager Theo Sofios said. Also commenting, Colchester's Australian head ...

Chief economist update: The A$ will answer the question of how much more

BENJAMIN ONG  |  TUESDAY, 12 NOV 2019
... basically unchanged from November 6 when the technical assumptions were set. Not to mention the upside risk for the domestic currency if or when its peers implement greater policy accommodation. The RBA, itself, modelled the impact of the A$ appreciation/depreciation ...

Chief economist update: The yen to dictate if BOJ turns words into action

BENJAMIN ONG  |  THURSDAY, 7 NOV 2019
... sector (down to 49.7 from 52.8) since September 2016. So far so good, the BOJ is, in Bruce Lee's words, fighting (the currency war) without fighting. The yen's recent depreciation should help support Japan's economic growth and inflation ...

Chief economist update: Arrivederci Signor Draghi

BENJAMIN ONG  |  WEDNESDAY, 30 OCT 2019
... the euro from collapse in 2012-13". When he replaced Jean-Claude Trichet as ECB chief on 1 November 2011, the single currency region's economy was heading into a recession. Annual GDP sequentially slowed from a high of 2.8% in the March quarter of ...

China backs blockchain, Bitcoin soars

ELIZA BAVIN  |  TUESDAY, 29 OCT 2019
... Coin Offerings in 2017, with the nations' central bank, the People's Bank of China (PBOC), working on its own digital currency. The sharp rise in bitcoin saw its value jump to over US$10,000 after Xi's remarks. The unexpected validation of blockchain ...

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... favours America - 1.8% (for the US) versus 1.1%. Like the Japanese yen, is the Australian dollar becoming a safe-haven currency? While relative US-Australia monetary policy and growth forecasts favour buying American dollars against Australian ones ...

Magellan active ETFs retain Zenith ratings

KANIKA SOOD  |  WEDNESDAY, 23 OCT 2019
... a stronghold on the top Zenith rating with: Magellan Global Equities Fund (ASX: MGE), Magellan Global Equities Fund (currency hedged) (ASX: MHG) and Magellan Infrastructure Fund (currency hedged) (ASX:MICH). In its recent round of rating reviews finalised ...

Chief economist update: Brexit uncertainty is not all that bad

BENJAMIN ONG  |  TUESDAY, 15 OCT 2019
... Perverse as it may seem but the removal of Brexit uncertainty (if and when it comes) could spark a rally in the British currency, forcing the BOE to follow its peers into increased policy accommodation to preserve Sterling's weakness.