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Showing 71 - 80 of 100+ results for "US dollar"

Chief economist update: Japan becomes collateral damage in US-China trade war

BENJAMIN ONG  |  WEDNESDAY, 15 MAY 2019
... appreciation of the Japanese yen. The week before the war began, the Japanese yen had been depreciating against the US dollar - down 1.4% versus the greenback in the year to May 3 this year and halfway into reversing last year's 2.7% appreciation. ...

Industry fund dips toes in private equity

KANIKA SOOD  |  THURSDAY, 9 MAY 2019
An $8.6 billion industry superannuation fund is gearing up its first private equity play in almost half a decade, as it readies for an environment of lower returns. Australian Catholic Superannuation Retirement Fund chief investment officer Michael ...

Chief economist update: AUD misdirection

BENJAMIN ONG  |  MONDAY, 15 APR 2019
... predicted the Australian dollar would end 2019 at US$0.66 a couple of months earlier: "...Unlike 2018 when broad-based US dollar strength and, towards the end of the year, global growth concerns, acted to drag the Aussie lower... the main factor that ...

Chief economist update: Japan yearns for a weaker yen

BENJAMIN ONG  |  THURSDAY, 11 APR 2019
... 1.1% versus the greenback this year to date, still short of reversing the 2.7% appreciation against the strengthening US dollar it notched up in 2018. The yen has appreciated by 0.5% versus the euro this year to date, after strengthening by 7.0% in 2018. ...

Channel Capital signs on new partnership

KANIKA SOOD  |  FRIDAY, 29 MAR 2019
... are competitive. Despite geopolitical noise, global economic growth remains supportive as does potential moderation in US dollar strength," Malloy said. The new fund has a recommended rating from Zenith and is currently available on Powerwrap, with new ...

Chief economist update: BOJ decision announced and ignored

BENJAMIN ONG  |  WEDNESDAY, 20 MAR 2019
... 1.5% versus the greenback this year to date, still short of reversing the 2.7% appreciation against a strengthening US dollar it notched up in 2018. "...spending being maintained in both the corporate and household sectors"? Retail sales slowed for the ...

Chief economist update: Prepare for lift-off

BENJAMIN ONG  |  MONDAY, 11 MAR 2019
... turn, provided extra impetus to their already slowing economic growth. Thanks to its semi-peg (dirty float?) versus the US dollar, China's currency didn't suffer the similar magnitude of depreciation as its emerging market peers. But no thanks. ...

Chief economist update: US economic growth is slowing and accelerating

BENJAMIN ONG  |  FRIDAY, 1 MAR 2019
... since the 1.3% growth rate recorded in the June 2016 quarter. Wall Street's reaction: equity markets dipped, the US dollar index advanced and the yield on US Treasuries rose. Such financial market configuration suggests that expectations could be ...

Chief economist update: Wrong way, go down

BENJAMIN ONG  |  THURSDAY, 28 FEB 2019
... trading at US$0.7141, up 0.04% from the previous trading day and up 1.3% this year to date. In turn, Bloomberg's US dollar spot index has risen 0.14% overnight and is just marginally lower (-0.03%) lower since the start of 2019. You thinking what ...

Chief economist update: BOJ exit last year, BOJ easing this year

BENJAMIN ONG  |  WEDNESDAY, 20 FEB 2019
... that makes Japanese exports dearer and Japanese imports cheaper. The yen appreciated by 2.7% against the strengthening US dollar in 2018. The Fed's pause announced early this year sent the yen from the ¥113.96 December 2018 low to a high of ¥108.29 ...