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Showing 21 - 30 of 1017 results for "Yen"

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

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... this month. The US-Australia bond yield differential also 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 ...

Chief economist update: Japan tightens fiscal policy

BENJAMIN ONG  |  FRIDAY, 11 OCT 2019
... US-China stoush provides no help for Japan's external sector. More so given that this is prompting safe-haven buying in the yen compounding the challenges faced by Japanese manufacturers. Recent data shows that the Jibun Bank Japan Manufacturing ...

Chief economist update: The BOJ needs to run faster to stay in the running

BENJAMIN ONG  |  MONDAY, 23 SEP 2019
... real estate investment trusts (J-REITs) so that their amounts outstanding will increase at annual paces of about six trillion yen and about 90 billion yen, respectively". Yes Virginia, the BOJ maintained that it will "continue with "quantitative and ...

Chief economist update: The hazard of being a safe haven

BENJAMIN ONG  |  WEDNESDAY, 21 AUG 2019
... have pushed investors into safe haven assets such as longer-term bonds and currencies like the Swiss franc and the Japanese yen. Ahh yes, the Japanese yen - except for its mini-me trade war with South Korea, where both countries deleted each other from ...

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
... low, and in some, negative yields); the US dollar is up but safehaven currencies such as the Swiss franc and the Japanese yen are upper; gold's in, copper is out. Even central banks are busily preparing for the "R" contingency. The Fed's mulling ...

Chief economist update: Global easing

BENJAMIN ONG  |  TUESDAY, 13 AUG 2019
... government bonds (JGBs) so that 10-year JGB yields will remain more or less at the current level (around zero percent)". Safe-haven yen purchases, resulting from current global economic and market uncertainties indicate that Tokyo would have to do much ...

Chief economist update: Don't buy a Big Mac in America

BENJAMIN ONG  |  FRIDAY, 12 JUL 2019
... the yuan is 46.9% undervalued versus the greenback (as at July this year). In Japan, relative Big Mac prices indicate the yen is undervalued by 37.5%; South Korea won by 33.6%; the Euro - Germany, Italy and Ireland - is 20.3% undervalued; the Singapore ...

Chief economist update: Expect more of the same from the BOJ

BENJAMIN ONG  |  TUESDAY, 18 JUN 2019
Speculation may be mounting over one or two Fed rate cuts (one, two or three for the RBA) going forward, but there are no such similar expectations for the Bank of Japan (BOJ). With the BOJ's policy rate currently at negative 0.1% and its "yield ...

Chief economist update: Another RBA rate cut should be enough

BENJAMIN ONG  |  MONDAY, 17 JUN 2019
... (year-to-date) on the trade weighted exchange as it depreciated versus the world's major currencies: the euro (-0.5%); the yen (-3.4%); the pound (-1.3%); and the Chinese yuan (-1.5%). According to financial market whispers, expectations the Reserve ...

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  MONDAY, 27 MAY 2019
... the US dollar. China's yuan was 45.3% undervalued; the Euro by 16.8%; the South Korean won by 27.9%; and the Japanese yen by 35.5%. The 1.5% appreciation in Bloomberg's US dollar index this year to date suggests the degree of these currencies' ...