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Showing 61 - 70 of 1263 results for "US Dollar"

Chief economist update: The devil's in the headline US payrolls number details

BENJAMIN ONG  |  TUESDAY, 8 JUN 2021
The US dollar weakened, so too did the yield on 10-year US Treasuries while the equity market's benchmark indices closed on the up and up as inflation expectations in Uncle Sam's county eased, calming concerns that the US Federal Reserve would ...

Chief economist update: Inflation scare

BENJAMIN ONG  |  THURSDAY, 13 MAY 2021
... before. The VIX index - the fear gauge - soared by 26.3% to a reading of 27.59 (the highest since March this year) and the US dollar index rose by 0.7% to 90.8. The fear du' jour is that the US Federal Reserve might start withdrawing policy accommodation ...

Chief economist update: The Fed and Australia

BENJAMIN ONG  |  TUESDAY, 4 MAY 2021
... back into Australian currency. Not to mention, the rise in the share prices of Australian firms when they convert their US dollar earnings back into local currency. The bad. Australia would be forced to compete for the higher interest rates offered in ...

Chief economist update: Copper 10,000

BENJAMIN ONG  |  TUESDAY, 20 APR 2021
... side effects (blot clots). The rally in copper prices has also been driven by the US dollar's depreciation. The US dollar index (versus major currencies) has now fallen by 11.4% from the 17-year high it recorded in March last year - which, itself ...

Chief economist update: When 6%-plus growth is deemed too low

BENJAMIN ONG  |  FRIDAY, 19 MAR 2021
... de facto tightening of financial and economic conditions. The Chinese yuan has now appreciated by a 10.2% versus the US dollar to CNY6.5 from last year's low of CNY7.16.

Chief economist update: Red metal turning red hot

BENJAMIN ONG  |  TUESDAY, 16 FEB 2021
... the withdrawal altogether of social and business restrictions. The rally in copper prices has also been driven by the US dollar's depreciation. The US dollar index (versus major currencies) has now fallen by 11.4% from the 17-year high it recorded in ...

BlackRock results reveal Aladdin trajectory

ELIZABETH MCARTHUR  |  FRIDAY, 15 JAN 2021
BlackRock's end-to-end operating system Aladdin is continuing along its trajectory of world domination, but COVID-19 has provided a blip in revenue growth. BlackRock chief executive Larry Fink has said he wants to see technology revenue make up a third ...

Pendal profits tumble 25%

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
... billion in the year (including the Westpac money). This along with unfavorable currency movements of $2.3 billion as US dollar and British pound impacted its FUM. However, inflows started to pick up between July and September, totaling $1.2 billion. ...

Chief economist update: Get shorty

BENJAMIN ONG  |  TUESDAY, 13 OCT 2020
... was then a fast depreciating Chinese yuan. It's now working to restrain the currency's move higher versus the US dollar, which has appreciated by 3.4% this year to date and by 6.2% from the 2020 low of CNY7.1542/US$ recorded in late May. Investors ...

Chief economist update: ECB keeps it steady

BENJAMIN ONG  |  FRIDAY, 11 SEP 2020
... that while it was discussed the bank does not target the exchange rate. The euro has appreciated by 5.8% against the US dollar this year to date and by 11.1% from the 2020 low recorded on March 20 There are certainly downside risks to these forecasts ...