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Showing 671 - 680 of 2517 results for "Central bank"

Chief economist update: Trump trumps Fed

BENJAMIN ONG  |  TUESDAY, 29 JAN 2019
It appeared that not only us, Australians all, were celebrating Australia Day on January 26. Our American brethren were too... but for a different reason. The Dow rose by 0.7% on the day (January 25 in New York); the S&P 500 increased 0.8% and the Nasdaq ...

Chief economist update: Don't buy now, Australian property will be cheaper

BENJAMIN ONG  |  WEDNESDAY, 23 JAN 2019
Last week, the Australian Financial Review (AFR) published a piece headed: "Capital Economics becomes fourth forecaster to call for RBA rate cut". It talked about the "independent macroeconomic research" company joining AMP Capital and Industry Super ...

Chief economist update: Policy normalisation interrupted

BENJAMIN ONG  |  TUESDAY, 22 JAN 2019
... and upwards towards normalisation to one that would be "patient and flexible". Early last year, both the European Central Bank (ECB) and the Bank of Japan (BOJ) were expected to announce exit policies - both are now expected to keep policy settings on ...

UniSuper awards fixed income mandate

KANIKA SOOD  |  FRIDAY, 18 JAN 2019
... Asset and Investment Manager (AIM) and portfolio and risk analytics (PORT) solutions. In December, it hired a former central bank portfolio manager for a Singapore office in a deputy chief investment officer role, and is now looking to hire another to ...

Chief economist update: Crude oil to the rescue

BENJAMIN ONG  |  THURSDAY, 17 JAN 2019
Brexit uncertainty remains in the headlines ( dis-United Kingdom prime minister Theresa May survived the vote of no confidence immediately called after the crushing defeat of her proposed Brexit deal in the House of Commons); so is the US government ...

Chief economist update: The curse of Japan's consumption tax hike

BENJAMIN ONG  |  TUESDAY, 15 JAN 2019
... monetary policy exit strategy. Speculations started to gain prominence as early as January 2018, when the Japanese central bank "reduced purchases of 10 to 25 year bonds and 25 to 40 year paper by ¥10B ($88.39 million) each, from its previous operations ...

Fed's pause becomes the ECB's problem

BENJAMIN ONG  |  FRIDAY, 11 JAN 2019
... currencies, such as the euro. The euro's 4.5% depreciation versus the greenback last year has allowed the European Central Bank to end its asset purchase programme at the end of 2018. The euro's now appreciating as a result of the Fed's shift in stance. ...

Bonds reward equity investors seeking refuge

KARREN VERGARA  |  MONDAY, 17 DEC 2018
Investors who firmly believe that fixed income is a safety net in times of market volatility - and followed through by ditching equities - have been well-rewarded for their efforts. Investors in Australia who switched to bonds at the end of October ...

Chief economist update: ECB bids farewell to QE

BENJAMIN ONG  |  FRIDAY, 14 DEC 2018
The European Central Bank (ECB) delivered on its promise. While it kept interest rates unchanged - repo rate at 0%; deposit facility rate at -0.4%; marginal lending facility rate at 0.25% - at its December 13 Governing Council meeting, it also confirmed ...

Chief economist update: Does the Fed lift or cut interest rates just for the heck of it?

BENJAMIN ONG  |  THURSDAY, 13 DEC 2018
... rates increases after announcing the last 25 basis point hike for 2018 next week. Recall recent Fedspeak about the US central bank being data dependent? The recent data on inflation, inflation expectations and the yield curve says...so easy-ier. As an ...