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Showing 541 - 550 of 1305 results for "Surprise"

Currency warriors, mount horses and draw swords

BENJAMIN ONG  |  FRIDAY, 6 FEB 2015
"US Stocks Climb as Oil Gains, Pfizer Rises on Hospira Purchase" This was Bloomberg's take on the whys and the wherefores for the S&P 500 index's 1.0% rebound overnight after slipping by 0.4% the day before that was prompted by a 9% plunge in oil prices ...

Easing here, there and everywhere

BENJAMIN ONG  |  THURSDAY, 5 FEB 2015
... an easing there, everywhere an easing... Just a day after the Reserve Bank of Australia (RBA) joined the central bank surprise club and decided to ooh, ahh, "have what they're having", and two days after I typed on this space "and what about China?" ...

When Japan is blah, the Eurozone is ugh and China is wow

MICHELLE BALTAZAR  |  TUESDAY, 3 FEB 2015
... starts insourcing. "We like real estate, the US dollar and we think the Eurozone will come on its own," he said. The surprise addition to this year's forum is that the third speaker is technically not a chief economist. Previous attendees have requested ...

When Harry met Sally syndrome

BENJAMIN ONG  |  MONDAY, 2 FEB 2015
... 'when Harry met Sally syndrome' - "I'll have what she's having". The Swiss National Bank jumpstarted it all with its "surprise" decision to abandon its CHF1.20/euro peg. This was the same time as the Reserve Bank of India's surprise (because it was handed ...

Market wrap

AAP  |  FRIDAY, 30 JAN 2015
The share market continues to rise on anticipation of a rate cut by the Reserve Bank next week. A fall in the Australian dollar under 78 US cents was also good for companies with operations overseas, with the major banks and big resources companies ...

Deflation is the Darth Vader of the economy

BENJAMIN ONG  |  THURSDAY, 29 JAN 2015
We're back to crude oil spotting again folks. Prices dropped big time again last night - WTI oil down 4.0% to US$44.36 a barrel and Brent's down 2.4% to US$48.43 per barrel. Not surprisingly, Wall Street, which had been trading flat for most of the ...

A Fed surprise?

BENJAMIN ONG  |  WEDNESDAY, 28 JAN 2015
... conclusion of the US Federal Open Market Committee meeting (FOMC) tomorrow? If she does, then baby, that indeed would be a big surprise. Currently, majority of bets are for a rates lift-off in June, a few have their money for a September lift-off. But ...

Happy Australian dollar Day

BENJAMIN ONG  |  TUESDAY, 27 JAN 2015
... changed was that between then and last week, the European Central Bank (ECB) QE'd and the Bank of Canada (BOC) announced a surprise rate cut. Ipso facto, the RBA could (must?) too. Why must our Canadian brethrens have all the fun? And besides, the RBA ...

Super Mario delivers huge stimulus package

BENJAMIN ONG  |  FRIDAY, 23 JAN 2015
"I've got sunshine on a cloudy day... I guess you'd say What can make me feel this way?" Mario, Mario, Mario Talkin' 'bout Q-E Q-E. Yes Virginia, he did it. Super Mario brought sunshine to the financial markets on this, a cold and cloudy Frankfurt day. ...

Central bank surprises

BENJAMIN ONG  |  THURSDAY, 22 JAN 2015
... (RBI) lower its key interest rates last week. This week opened with the Danmarks Nationalbank - Denmark's central bank - surprise announcement of a 15bps reduction in its deposit rate to minus 0.2%. And to those speculating that the Danes would follow ...