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Showing 901 - 910 of 4302 results for "Bank of"

Chief economist update: Weak household consumption now a sure thing

BENJAMIN ONG  |  TUESDAY, 5 NOV 2019
... odds-on favourite to take the Cup followed by Mer De Glace and Master Of Reality. Take your pick. My pick is for the Reserve Bank of Australia (RBA) to announce no change in interest rates before the running of the horses today. The RBA would not want ...

Chief economist update: RBA rate cut outlook

BENJAMIN ONG  |  THURSDAY, 31 OCT 2019
... update on the country's consumer price inflation has changed market expectations with regards to how low the Reserve Bank of Australia (RBA) will take the official cash rate. First things first; the ABS report showed that headline inflation edged ...

China backs blockchain, Bitcoin soars

ELIZA BAVIN  |  TUESDAY, 29 OCT 2019
... after China banned all cryptocurrency and Initial Coin Offerings in 2017, with the nations' central bank, the People's Bank of China (PBOC), working on its own digital currency. The sharp rise in bitcoin saw its value jump to over US$10,000 after Xi's ...

Chief economist update: Is the A$ becoming a safe-haven currency?

BENJAMIN ONG  |  MONDAY, 28 OCT 2019
... Glum (of Gulliver's Travels fame) puts it; "We're doomed, we'll never make it!" Speculation that the Reserve Bank of Australia (RBA) may have to take the official cash rate to zero or even negative and/or start printing Australian dollars ...

NAB fixed income sales director moves to BOC

KANIKA SOOD  |  FRIDAY, 25 OCT 2019
Bank of China hired a former NAB and FIIG fixed income sales director for its Sydney offices as it sees its Australian business grow. Mark Todd is joining Bank of China as its head of fixed income sales. In his most recent role, Todd was a director ...

US real estate manager eyes Australia

KANIKA SOOD  |  FRIDAY, 25 OCT 2019
... Edwards said. Unison was set up in 2006 and has attracted venture capital from Citi Ventures, F-Prime (Fidelity) and Royal Bank of Canada in previous raisings. Earlier this year, Akindred took on the third-party distribution of private debt boutique ...

Insto sales director departs Principal Global Investors

KANIKA SOOD  |  TUESDAY, 22 OCT 2019
... alternatives and multi-asset. Gaffney has previously worked in institutional distribution at nabInvest, Challenger and Bank of Ireland Asset Management. de Mestre was appointed country head in January, after leading relationship management at the firm. ...

Chief economist update: Rate cuts coming, but not on race day

BENJAMIN ONG  |  MONDAY, 21 OCT 2019
... Budget surplus immortalised on paper). Forget about a Melbourne Cup Day interest rate cut! The minutes of the Reserve Bank of Australia's (RBA) October 1 Board meeting first hinted on this, stating that the stimulatory effects of lower interest rates ...

Chief economist update: Brexit uncertainty is not all that bad

BENJAMIN ONG  |  TUESDAY, 15 OCT 2019
... eventual Brexit. But given the global economic backdrop, it could be this very uncertainty over Brexit that is working in the Bank of England's (BOE) favour. It's one of the very few central banks that's forward guiding monetary policy towards ...

Chief economist update: Japan tightens fiscal policy

BENJAMIN ONG  |  FRIDAY, 11 OCT 2019
... the fifth straight month of contraction in the sector. Likewise, while it came in better than market expectations, the Bank of Japan's (BOJ) Tankan index - a measure of business confidence - for big manufacturers fall from a reading of +7 in the ...