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Showing 31 - 40 of 1022 results for "Yen"

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' ...

Chief economist update: Devilish details

BENJAMIN ONG  |  TUESDAY, 21 MAY 2019
... fundamentals, the downside risk to overseas economies - given renewed US-China trade tensions - and continued strength in the yen presage ominous tidings with regards to the BOJ's quest to get still way off-target inflation readings to its 2% inflation ...

Chief economist update: Japan becomes collateral damage in US-China trade war

BENJAMIN ONG  |  WEDNESDAY, 15 MAY 2019
... crossfire of the recent Sino-Yankee trade tensions, it's become collateral damage via the appreciation of the Japanese yen. The week before the war began, the Japanese yen had been depreciating against the US dollar - down 1.4% versus the greenback ...

Chief economist update: The tweet that reignited the trade war

BENJAMIN ONG  |  TUESDAY, 7 MAY 2019
... caught in the crossfire. The S&P/ASX 200 index closed 0.9% and the Nikkei-225 index gave up only 0.2% - but the accompanying yen appreciation (due to safe-haven purchases), if it persists, would negate the BOJ's efforts towards boosting growth and ...

Chief economist update: Japan yearns for a weaker yen

BENJAMIN ONG  |  THURSDAY, 11 APR 2019
... This is hardly a surprise given the yen's persistent strength that's compounded by the global growth slowdown. The yen has depreciated by 1.1% versus the greenback this year to date, still short of reversing the 2.7% appreciation against the ...

Emerging markets for the win: ABDO

KANIKA SOOD  |  WEDNESDAY, 20 MAR 2019
... UK economy has done okay despite the Brexit kerfuffle." Other currencies Malaysian Ringgit, the Korean Won and the Japanese Yen are also relatively cheaper to the AUD, he said. Pyrford starts its investment process by deciding the countries it wants ...