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Showing 21 - 30 of 195 results for "Governor Glen"

Market to open lower

AAP  |  WEDNESDAY, 22 JUL 2015
The Australian market looks set to open lower after Wall Street and European markets fell as volatile commodity prices and company results hit shares. At 0802 AEST on Wednesday, the September share price index futures contract was down 27 points at ...

Chexit, Checcident and Chimbo

BENJAMIN ONG  |  WEDNESDAY, 8 JUL 2015
Chexit, Checcident, Chimbo OlA(C)! OlA(C)! OlA(C)! A$ down... and the RBA didn't even have to lift a finger. Yes Virginia, it didn't happen overnight but it did happen. The A$ broke below US$0.74 (US$0.7398) last night - the first since mid-2009 - despite ...

Market to open flat

AAP  |  WEDNESDAY, 10 JUN 2015
The Australian market looks set to open flat following an anemic lead from the US. At 0644 AEST on Wednesday, the June share price index futures contract was up three points at 5,465. Wall Street stocks finished little-changed as a the General Electric ...

Retirees 'much worse' off: RBA

JASON CADDEN FOR AAP  |  TUESDAY, 28 APR 2015
Life is not going to get easier for self-funded retirees as record low interest rates force them to take on riskier investments, Reserve Bank governor Glenn Stevens says. Central banks around the world have lowered their interest rates to stimulate ...

Market Wrap AM

AAP  |  TUESDAY, 28 APR 2015
The Australian market looks set to open flat after Wall Street fell as investors awaited Apple earnings results and a Federal Reserve policy meeting. At 0816 AEST on Tuesday, the June share price index futures contract was up nine points at 5,981. In ...

Market Wrap AM

AAP  |  TUESDAY, 21 APR 2015
The Australian market looks set to open higher after US stocks rose sharply on the latest Chinese stimulus measures and some prominent earnings that bested forecasts. At 0645 AEST on Tuesday, the June share price index futures contract was up 37 points ...

What might trigger a sell-off?

BENJAMIN ONG  |  TUESDAY, 21 APR 2015
Impressive! Nah Virginia, I refer not to the big bouncy bouncy Wall Street and European equity markets did last night - which almost instantaneously affirmed the rant I scribbled on this space yesterday that "the bad and the bad and the bad" that spooked ...

Strike three

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2015
It's a hat trick. It's three for three. Three times that the Reserve Bank of Australia (RBA) wrong-footed market expectations. Governor Glenn Stevens cut interest rates by 25 basis points to a record low 2.25% back in February when markets expected ...

Market Wrap AM

AAP  |  FRIDAY, 20 MAR 2015
The Australian market looks set to open lower following falls on Wall Street where energy stocks fell along with the price of oil. At 0755 AEDT on Friday, the June share price index futures contract was down 14 points at 5,945. In local economic news ...

Fight or be beggared by the neighbours

BENJAMIN ONG  |  MONDAY, 2 MAR 2015
Another rate cut is coming, another rate cut is coming. Bloomberg's survey shows (tada!) 18 out of 29 economists expect the Reserve Bank of Australia (RBA) to follow-up February's 25 bps reduction in the official cash rate to 2.25% with another 25 bps ...