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Showing 71 - 80 of 365 results for "Exchange Rate"

Chief economist update: Expect an RBNZ rate cut

BENJAMIN ONG  |  THURSDAY, 27 JUN 2019
... prices nearly halved to 3.6% in the year to the March quarter from 7.1% in the December 2018 quarter. The NZ$/US$ exchange rate has now rebounded by 2.8% to US$0.6681 (back to pre-May 2019 rate cut levels) after it dropped to a seven-month low following ...

Chief economist update: Thrilla in Osaka

BENJAMIN ONG  |  TUESDAY, 25 JUN 2019
... has since recovered 6.4% of its losses resulting from optimism over the Trump-Xi meeting at the G20. The Yuan/US exchange rate displays the same history - it has strengthened versus the US dollar amid positive expectations over US-China trade talks. ...

Chief economist update: Surveys back All Ords climb

BENJAMIN ONG  |  MONDAY, 24 JUN 2019
... consecutive month," CBA states. "On the prices front, input cost inflation rose to a seven-month high boosted by the exchange rate and higher prices of fuel and staff and output cost inflation advanced modestly. Finally, sentiment improved to its highest ...

Chief economist update: BOE lets peers do the heavy lifting

BENJAMIN ONG  |  FRIDAY, 21 JUN 2019
... uncertainties have put additional downward pressure on UK forward interest rates and led to a decline in the sterling exchange rate." Not only this, the statement says: "Looking through recent volatility, underlying growth in the United Kingdom appears ...

Chief economist update: Another RBA rate cut should be enough

BENJAMIN ONG  |  MONDAY, 17 JUN 2019
The Aussie dollar is down. Repeat, the Aussie dollar is down! The A$/US$ exchange rate closed at US$0.6879 - down 2.3% this year to date its lowest level in three years - at the end of last week's trading. The local currency is down 1.8% (year-to-date) ...

Chief economist update: Another rate cut on the cards

BENJAMIN ONG  |  FRIDAY, 14 JUN 2019
What do we want! More rate cuts! The depreciation in the A$/US$ exchange rate to as low as US$0.6902 immediately after the Australian Bureau of Statistics' (ABS) - from US$0.6949 a day earlier - released its 'Labour Force' report for May ...

Chief economist update: The path of monetary policy according to Lowe

BENJAMIN ONG  |  WEDNESDAY, 5 JUN 2019
... Our judgement is that lower interest rates will help the economy as a whole. "In time, we would expect the lower exchange rate and the boost to disposable income to lead to more jobs, lower unemployment and a stronger economy. This should benefit us ...

Major instos hit with cartel class action

ELIZABETH MCARTHUR  |  MONDAY, 27 MAY 2019
Maurice Blackburn today filed a class action in the Federal Court suing UBS, Barclays, Citibank, Royal Bank of Scotland and JP Morgan. The class action alleges the banks colluded to rig foreign exchange rates during a period between January 2008 and ...

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  MONDAY, 27 MAY 2019
As if the world hasn't had enough of the overhanging pall engendered by lingering trade tensions, US President Trump is about to raise the stakes and expand the scope to currency manipulators. This I learned from The New York Times (NYT) on May ...

Australia lags on dividends

KANIKA SOOD  |  MONDAY, 20 MAY 2019
... basis in the first quarter striking a first-quarter record of US $263.3 billion. Underlying growth was 7.5% with exchange rate moves offsetting large special dividend payments. In Australia, dividends grew a more modest 3.8% during the first quarter. ...