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Showing 61 - 70 of 367 results for "Exchange Rate"

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. ...

Colchester launches new fund

ELIZA BAVIN  |  THURSDAY, 19 SEP 2019
Colchester Global Investors has launched its new Emerging Markets Bond Fund for financial advisers to diversify within the income-generating allocations of client portfolios. Colchester's head of distribution for Australia, Angela MacPherson, said ...

Chief economist update: Germany in the budget's shadow

BENJAMIN ONG  |  TUESDAY, 10 SEP 2019
... policy, the European Central Bank controls interest rates (currently at zero, it ended QE in December 2018) nor the exchange rate, no more deutschmarks, just euros. Germany's fiscal spending is also limited. As per Wikipedia: "In 2009 Germany's ...

Chief economist update: The hazard of being a safe haven

BENJAMIN ONG  |  WEDNESDAY, 21 AUG 2019
... 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 to date. The negative correlation between the Japanese yen and the Nikkei-225 index makes the 4.8% drop ...

Chief economist update: Global easing

BENJAMIN ONG  |  TUESDAY, 13 AUG 2019
... respective currencies, led by Trump who wants the Fed to cut interest rates by a lot more to lower the US dollar exchange rate. And even before this, Reuters reported on August 6 that: "Interest rate moves by central banks across a group of 37 developing ...

Chief economist update: Look out below

BENJAMIN ONG  |  TUESDAY, 6 AUG 2019
... (PBOC) allowed the yuan to fall below the psychological threshold of CNY7.0 per US dollar. The official CNY/US$ exchange rate dropped by 1.3% to an 11-year low of CNY7.04 while the offshore CNY/US$ rate fell by 1.8% to CNY7.10 - the first time since ...

BetaShares launches FTSE 100 ETF

KANIKA SOOD  |  TUESDAY, 16 JUL 2019
... fund's assets are denominated in British Pounds and hence, the AUD value of the assets will increase or decrease with exchange rate fluctuations, according to the product disclosure statement. BetaShares is now the third-largest ETF issuer in Australia ...

Chief economist update: Don't buy a Big Mac in America

BENJAMIN ONG  |  FRIDAY, 12 JUL 2019
... "countervailing" import duties on countries it deems subsidising its export of goods and services through an undervalued exchange rate. As a matter of local interest, the 'Big Mac index' indicates that the Australian dollar is 25.8% undervalued ...

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
... reduction (June and July) in the official cash rate to a record low 1%. Consequently, instead of depreciating, the A$/US exchange rate strengthened from US$0.6928 (a day before the June rate cut) to as high as US$0.7018 on the last trading day of June. ...