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

Search Results

Showing 511 - 520 of 2160 results for "Currency"

Chief economist update: Three ayes for a rate hike

BENJAMIN ONG  |  FRIDAY, 22 JUN 2018
... strengthened sterling exchange rate to US$1.3255/£1 from US$1.3240/£1 the day before... and rising. Just as the weaker British currency exchange rate pushed inflation higher, a strengthening one will have a dampening impact on consumer price inflation ...

Chief economist update: Submerging markets

BENJAMIN ONG  |  TUESDAY, 19 JUN 2018
... 89.16, partly reversing the 9.9% drop recorded in 2017. The flipside of course is that the strong dollar is triggering currency depreciations in emerging markets which puts upward pressure on inflation that, in turn, is forcing their respective central ...

TCorp to issue sustainability bonds

KANIKA SOOD  |  FRIDAY, 15 JUN 2018
... Government and rated by credit agencies. NSW has AAA (negative) rating from S&P for long-term Australian and foreign currency. Moody's rates it as Aaa (stable). TCorp's largest issuance is in benchmark bonds, followed by CPI linked debt instruments. ...

Citi launches currency product, targets HNW investors

DARREN SNYDER  |  MONDAY, 4 JUN 2018
Citi Australia is continuing its increased push into the local wealth management market, introducing a currency product targeted at globetrotting high-net-worth investors. The Global Currency Account is launching as a transaction account with the ability ...

Global investment bank expands Australian team

HARRISON WORLEY  |  MONDAY, 4 JUN 2018
... macro trader. A former head of Japan macro sales at Barclays, Muirhead will report to RBC's head of fixed income, currency and commodities in Australia, Robert McCormack. Muirhead will take responsibility of building on RBC's global markets growth ...

Industry fund welcomes new investment head

JAMIE WILLIAMSON  |  MONDAY, 4 JUN 2018
... team. Selioutine was most recently a senior consultant with Frontier where he held a number of roles, including head of currency. Prior to Frontier, Selioutine was a quantitative analyst at Antipodean Capital Management and also served as a research ...

Chief economist update: Italy and Spain an emerging ECB problem

BENJAMIN ONG  |  MONDAY, 28 MAY 2018
Geo-politics remain the talk of the financial markets as Trump's rolling circus again came to the fore with his flip-flop-flip over the US-North Korean summit - just a day after Trump cancelled the summit, he declared it back on again. Make what ...

Chief economist update: Erdogan's Turkey is cooked

BENJAMIN ONG  |  FRIDAY, 25 MAY 2018
... hike on April 26. The "emergency" move was aimed (like in Argentina) to halt the depreciation of the Turkish lira. The currency has dropped by 22.2% to a record low 4.87 lira/US$1 this year before the central bank's move. The Turkish central bank's ...

Industry fund awards currency mandate

HARRISON WORLEY  |  THURSDAY, 24 MAY 2018
A $55 billion profit-for-members fund has awarded a $350 million mandate to a global currency manager. Sunsuper awarded the active currency mandate to Record Currency Management, which the fund hopes will generate risk-adjusted returns using the manager's ...

Chief economist update: Crying for Argentina

BENJAMIN ONG  |  MONDAY, 7 MAY 2018
... sharp and rapid depreciation of the Argentine peso and by extension, put downward pressure on inflation. The country's currency has fallen by 13.7% against the US dollar this year to date, on top of its 15.9% depreciation in 2017. Consumer price inflation ...