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Showing 71 - 80 of 131 results for "Sterling"

Market Wrap AM

AAP  |  THURSDAY, 23 OCT 2014
... economic growth. London's benchmark FTSE 100 index climbed 0.43 per cent to close at 6,399.73 points on Wednesday, but sterling was under pressure after minutes from the latest Bank of England meeting showed no rush to raise interest rates. In Paris ...

Market Wrap AM

STAFF WRITER  |  MONDAY, 22 SEP 2014
... to 4,461.22 points, while Frankfurt's DAX index ended virtually unchanged, edging up 0.01 per cent to 9,799.26 points. Sterling hit a two-year euro high in anticipation of victory for the "No" campaign before recoiling. The British pound began strongly ...

Market Wrap AM

AAP  |  WEDNESDAY, 17 SEP 2014
... looked ahead to a policy meeting of the US Federal Reserve and the looming referendum on Scottish independence. However, sterling steadied, while the euro firmed, and the ruble tumbled. London's benchmark FTSE 100 index shed 0.18 per cent to close at ...

Market Wrap AM

AAP  |  WEDNESDAY, 10 SEP 2014
... that is a disappointment," he said. LONDON - European stock markets have slumped as investors took profits while the sterling remained cowed over the uncertainty posed by Scotland's independence referendum. London's FTSE 100 index of top companies closed ...

Market Wrap AM

AAP  |  THURSDAY, 14 AUG 2014
... growth, which pushed back expectations that BoE interest rates could climb before the end of the year. That in turn pushed sterling lower against the euro and dollar. Frankfurt's DAX 30 jumped 1.43 per cent to 9,198.88 points on bargain-hunting a day ...

Easy CBs

BENJAMIN ONG  |  THURSDAY, 22 MAY 2014
... Monetary Policy Committee (MPC) is also wary that a premature tightening could derail the recovery - especially given sterling's strength (my two cents worth) - and that below 2% target inflation gives them legroom to keep policy easy for quite a while ...

BOE qualifies for World Cup

BENJAMIN ONG  |  THURSDAY, 15 MAY 2014
... July 2013 - the time when speculations of another UK recession were rife. But this, your royal majesty, is the problem. Sterling's strength being already a 'de facto' tightening of monetary conditions and could potentially reverse the economy's positive ...

Beggars at war

BENJAMIN ONG  |  MONDAY, 12 MAY 2014
... strengthening economy but... it's concerned that tightening policy would put more upward pressure on an already strong British sterling. It's up 1.7% against the greenback this year to a 5-year high of around US$1.69 and by 13.6% from its 2013 lows. ...

Sunrise, sunset

BENJAMIN ONG  |  TUESDAY, 18 FEB 2014
... last year. For in 2013 the Japanese yen dropped by 21.7% against the US dollar, 26.5% versus the euro and 24.5% versus sterling. Why? Because the yen's depreciation has cheapened Japanese equities valuation while at the same time boosting Japanese company ...

Confusing versus credible

BENJAMIN ONG  |  THURSDAY, 13 FEB 2014
... with the central banks' game of moving the goalposts. But judging from last night's trading activity - where the pound sterling and yields on 5- and 10-year gilts rose - market players appear to be starting to tire of playing this game. Have markets ...