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Showing 51 - 60 of 100+ results for "US dollar"

Chief economist update: When QE is not QE

BENJAMIN ONG  |  MONDAY, 14 OCT 2019
... the Fed could be panicking. QE or not QE, the Fed's latest move should help steepen the yield curve, weaken the US dollar and support the equity markets as it had done in the past.

Chief economist update: Are capital markets the next Sino-US battleground?

BENJAMIN ONG  |  MONDAY, 30 SEP 2019
... Chinese companies included in stock indexes managed by US firms." As a result, the Chinese yuan fell by 0.4% versus the US dollar and while the Shanghai composite index inched up by 0.1% (it closed before the news), China shares traded on the US exchanges ...

Chief economist update: China's great leap forward 70 years in the making

BENJAMIN ONG  |  FRIDAY, 27 SEP 2019
... making it the third reserve currency with a weighting of nearly 11% of the IMF's special drawing rights after the US dollar and the euro. It would have been celebrations all around but US President Donald Trump and the recent protests and riots in ...

Chief economist update: The BOJ needs to run faster to stay in the running

BENJAMIN ONG  |  MONDAY, 23 SEP 2019
... corresponding action by the BOJ (relative to its peers) compounds the upward pressure on the Japanese yen. As such, while the US dollar has appreciated by 2.4% this year to date, it's down by 1.9% versus the yen while the euro is buying 5.7% less ...

Chief economist update: Future path of fed funds rate

BENJAMIN ONG  |  THURSDAY, 19 SEP 2019
... +0.03%, Nasdaq -0.11%, Russell 2000 -0.63%; the yield on 10-year US Treasuries was unchanged at 1.8%; and the Bloomberg US dollar spot index ticked up by a mere 0.2%. Yes Virginia, there's nothing to write home to mother about. They're all within ...

Chief economist update: Fed future move depends on dollar direction

BENJAMIN ONG  |  MONDAY, 16 SEP 2019
... next year. The Fed doesn't have to chop interest rates by another two or three or to zero and even negative if the US dollar responds accordingly to the rate reduction. After dropping by 1.2% two weeks after the Fed cut interest rates on July 31 ...

Aussie super funds drop in world rankings

HARRISON WORLEY  |  TUESDAY, 3 SEP 2019
... in 2018, several Australian funds again made the cut. However a struggling Aussie dollar - which lost 10% against the US dollar across 2018 - saw 14 of those super funds go backwards in this year's rankings, while another - TelstraSuper - dropped ...

Chief economist update: The hazard of being a safe haven

BENJAMIN ONG  |  WEDNESDAY, 21 AUG 2019
... since the BOJ's last board meeting, the Japanese currency has appreciated by 2.2% to ¥106.28 versus an appreciating US dollar (+0.3% since and +2.1 ytd, based on Bloomberg's US dollar spot index). The ¥/US$ exchange rate is up 2.8% this year ...

Chief economist update: Tweeting Trump versus totalitarian Xi

BENJAMIN ONG  |  TUESDAY, 20 AUG 2019
... - have prompted the government unveil counter-cyclical measures. In addition to lowering its yuan fixing versus the US dollar, the People's Bank of China (PBOC) now announced it will be "reforming and improving the formation mechanism of LPR [loan ...

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
... exiting equity markets and queuing to purchase longer-term bonds (despite their low, and in some, negative yields); the US dollar is up but safehaven currencies such as the Swiss franc and the Japanese yen are upper; gold's in, copper is out. Even ...