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Showing 51 - 60 of 365 results for "Exchange Rate"

Chief economist update: How low will Lowe go?

BENJAMIN ONG  |  FRIDAY, 15 NOV 2019
... September 11 attacks of the same year; and, it dropped from US$0.91 to US$0.62 at the onset of the GFC. The A$/US$ exchange rate has currently fallen to US$0.6786 (following the jobs report) but it has risen and remains above the US$0.6704 low plumbed ...

Perpetual Private awards bond mandate

JAMIE WILLIAMSON  |  THURSDAY, 14 NOV 2019
A $68 billion global manager has received a sovereign bond mandate from Perpetual Private in a move that will also see its solutions included in model portfolios. Colchester Global Investors won the mandate, which sees an undisclosed amount invested ...

Chief economist update: The A$ will answer the question of how much more

BENJAMIN ONG  |  TUESDAY, 12 NOV 2019
... A$ appreciation/depreciation on the general economy...... and explains that: "A sustained 5% appreciation of the exchange rate would be expected to lower GDP growth by 1/2 percentage point on average relative to the central forecasts, keep the unemployment ...

Chief economist update: Brexit la la la

BENJAMIN ONG  |  FRIDAY, 8 NOV 2019
... Article 50. As a consequence, the perceived likelihood of a no-deal Brexit has fallen markedly and the sterling exchange rate has appreciated. These agreements are expected to remove some of the uncertainty facing businesses and households, and the MPC ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
... means that we cannot completely insulate ourselves from long-lasting shifts in global interest rates." "Our floating exchange rate gives us a degree of monetary independence, but we can't ignore structural shifts in global interest rates. If we did ...

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... Reserve's rate cutting of its own is negating the RBA's efforts to push the Australian dollar down. The A$/exchange rate has appreciated by as much as 2.4% since the RBA's October 1 rate cut as speculations that the Fed will reduce interest ...

No room for policy mistakes

BENJAMIN ONG  |  TUESDAY, 22 OCT 2019
In its world economic update for October, the International Monetary Fund said that the global economy is in a synchronised slowdown. Growth for 2019 was downgraded again to 3%, its slowest pace since the global financial crisis. "This is a serious ...

Chief economist update: Brexit uncertainty is not all that bad

BENJAMIN ONG  |  TUESDAY, 15 OCT 2019
... without fighting. This is because the pound sterling's depreciation is doing the heavy lifting. Its effective exchange rate has bounced around but it has remained at levels plumbed straight after the vote to Brexit in June 2016. It has risen by 2.1% ...

Chief economist update: Synchronised forecasts for a synchronised slowdown

BENJAMIN ONG  |  WEDNESDAY, 9 OCT 2019
"Just when you thought it was safe to go back in the water..." - Jaws The history of the US-China trade negotiations has followed a pattern ever since it began in 2018 - rhetoric from both sides building hopes for a deal only to be followed by escalating ...

Chief economist update: RBA cuts official cash rate to 0.75%

BENJAMIN ONG  |  WEDNESDAY, 25 SEP 2019
... means that we cannot completely insulate ourselves from long-lasting shifts in global interest rates. Our floating exchange rate gives us a degree of monetary independence, but we can't ignore structural shifts in global interest rates," he said. ...