Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 881 - 890 of 3596 results for "Central"

Chief economist update: Different contagion, same fiscal policy divide

BENJAMIN ONG  |  MONDAY, 6 APR 2020
... date, the Euro Stoxx-50 has dropped by 28.9%, giving up all its 2019 gains (24.8%), and then some. While the European Central Bank (ECB) has kept policy interest rates unchanged to date, it has announced several accommodative policy measures, including ...

The shape of recovery

ELIZA BAVIN  |  FRIDAY, 3 APR 2020
... traditional economic playbook has been thrown out the window. "Quantitative easing (QE) was an unfinished experiment as central banks never really unwound it," Jennings said. "Now we have gone QE to infinity and beyond we really are in a galaxy far ...

Not buy time yet: Lonsec

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... earnings part is the trickier of the two. He says while the liquidity in the fixed income universe has improved since central banks eased further, it is still changing day to day. In Australia, the Reserve Bank has promised to inject at least $2 billion ...

Is it time to lean on the Future Fund?

KANIKA SOOD  |  THURSDAY, 2 APR 2020
... allowances have raised questions about liquidity concerns for superannuation funds, and some have proposed solutions like the central bank lending to superannuation funds at zero interest rates using their assets as collateral. Grattan Institute program ...

Janus Henderson announces equity team changes

ELIZA BAVIN  |  THURSDAY, 2 APR 2020
... several fundamental and quantitative strategies at Northern Trust. Janus Henderson said Carmel Wellso, existing director of central equity research, will begin a "well deserved", six-month sabbatical beginning July 1. "Until then, she will work closely ...

Chief economist update: AUD depreciation no cure for coronavirus

BENJAMIN ONG  |  THURSDAY, 2 APR 2020
... coronavirus crisis has so far taken the A$/US$ exchange rate to as low as US$0.5821 from this year's high of US$0.7029. Central banks' race to the bottom (in terms of policy interest rates) that transpired in response to the GFC was aimed at ...

ASX suffers worst quarter in over a century

ELIZA BAVIN  |  WEDNESDAY, 1 APR 2020
... 10% on March 16 and shortly after, Australia's VIX spiked up to 53, its highest reading since 2008. "As governments and central banks, including Australia and New Zealand's, rushed to offer support to the economy, the final week brought signs of a turnaround," ...

First in first out?

BENJAMIN ONG  |  WEDNESDAY, 1 APR 2020
... firms reported funding shortages and falling demand than in February -- reasons why the People's Bank of China (PBOC) and central command are not letting their guards down. The PBOC just recently cut its 7-day repo rate by 20 bps to 2.2% on 30 March ...

Chief economist update: Great Scott! Mighty Mo to the rescue

BENJAMIN ONG  |  TUESDAY, 31 MAR 2020
... I would have described him as 'super', but I've already used that moniker in reference to former European Central Bank (ECB) president Marion Draghi when he did "whatever it took" to save the splintering of the single currency region from ...

Chief economist update: A whole new world

BENJAMIN ONG  |  MONDAY, 30 MAR 2020
... by tightening restrictions on social interaction and the ever-increasing amount of money released from government and central bank coffers. How wide and far-ranging future lockdown rules become and how much more trillions are spent will depend on the ...