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Showing 441 - 450 of 2145 results for "Currency"

Chief economist update: The RBI surprises (again)

BENJAMIN ONG  |  MONDAY, 25 FEB 2019
... despite the recent climb to US$67.12. In this case, the higher oil price cured higher oil prices. Similarly, the Indian currency has rebounded from the October 2018 low of rupee 74.36 per US$1 to rupee 71.18 this year to date. These, along with falling ...

Chief economist update: BOJ exit last year, BOJ easing this year

BENJAMIN ONG  |  WEDNESDAY, 20 FEB 2019
... 2019. The yen is currently down by 0.8% this year to date but given the global slowdown (led by China), the Japanese currency has to depreciate some more to become more competitive. Not only this, the Japanese currency needs to depreciate by more to ...

J.P. Morgan introduces digital currency for instos

JAMIE WILLIAMSON  |  FRIDAY, 15 FEB 2019
J.P. Morgan is launching its own digital currency to harness the benefits offered by blockchain. The largest bank in the US is getting ready to roll out JPM Coin, representative of a fiat currency and designed to make instantaneous payments between ...

Chief economist update: Unchanged RBNZ stance would force it to change stance

BENJAMIN ONG  |  THURSDAY, 14 FEB 2019
... the RBNZ's announcement - the reaction to the RBNZ's action (or in this case, inaction). The appreciating NZ currency would, by extension, compound the "risk of a sharper downturn in trading-partner growth" the New Zealand central bank worries ...

Chief economist update: A pretty portrait of an emerging market

BENJAMIN ONG  |  MONDAY, 11 FEB 2019
... at the same time that the peso depreciated by 5.1% versus the greenback over the same period. Normally, a depreciating currency would boost equity prices. The rationale being a cheaper currency boosts exports and company profits et cetera. But in the ...

Chief economist update: Euro contagion redux?

BENJAMIN ONG  |  FRIDAY, 8 FEB 2019
... street protests and industrial action)." Fair enough. But even this downgraded assessment on the outlook for the single currency region is still optimistic compared with the EU Commission's latest forecasts, where it predicts the region's GDP ...

Chief economist update: The RBA capitulates

BENJAMIN ONG  |  THURSDAY, 7 FEB 2019
... goes to the Australian dollar's depreciation - that which had shielded Australia from the downdrafts of the Asian currency crisis and the collapse of Long-Term Capital Management (LTCM) and Russian default in 1997/98; the US recession and the terrorists ...

Ironbark dumps investment manager

JAMIE WILLIAMSON  |  FRIDAY, 25 JAN 2019
... of diversified alternative investment strategies to a quantitative macro strategy comprising global bonds, equities, currency, and commodity markets. The name of the fund will also change, becoming the Ironbark GCM Global Macro Fund. Ironbark assured ...

Chief economist update: Bring on Aussie dollar depreciation

BENJAMIN ONG  |  THURSDAY, 24 JAN 2019
"Capital Economics sees the local currency falling to US60c this year and hovering there through 2020; it previously forecast it at US65c for 2019 and US70c for 2020." (Australian Financial Review) That's a whopping 15%-16% drop from A$/US$ exchange ...

Fed's pause becomes the ECB's problem

BENJAMIN ONG  |  FRIDAY, 11 JAN 2019
... 1.0% after peaking at 1.1% in October. Needless to say, the continued appreciation of the euro vis-a-vis Uncle Sam's currency would exacerbate the negative momentum with regards to the region's growth and inflation prospects (although this should be ...