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Showing 961 - 970 of 4302 results for "Bank of"

Chief economist update: Cash is King

BENJAMIN ONG  |  WEDNESDAY, 19 JUN 2019
... would be in recession 12-18 months from today. This outlook explains why despite low to very low cash rates, the latest Bank of America Merrill Lynch Global Research survey of fund managers found allocations to cash jumped to 5.6% from 4.6% in each of ...

Bank chief steps down amid expenses scandal

ELIZABETH MCARTHUR  |  TUESDAY, 18 JUN 2019
... becoming global head of commercial then global head of retail and finally stepping into the chief executive role. The Reserve Bank of New Zealand and Australian Prudential Regulation Authority were notified of the change in leadership. Antonia Watson ...

Chief economist update: Expect more of the same from the BOJ

BENJAMIN ONG  |  TUESDAY, 18 JUN 2019
... or two Fed rate cuts (one, two or three for the RBA) going forward, but there are no such similar expectations for the Bank of Japan (BOJ). With the BOJ's policy rate currently at negative 0.1% and its "yield curve control" measure keeping the yield ...

Chief economist update: Another RBA rate cut should be enough

BENJAMIN ONG  |  MONDAY, 17 JUN 2019
... (-3.4%); the pound (-1.3%); and the Chinese yuan (-1.5%). According to financial market whispers, expectations the Reserve Bank of Australia (RBA) would follow-up its 25 basis point rate cut to 1.25% handed this month with not one, not two but three ...

Chief economist update: Australian bull market here we come

BENJAMIN ONG  |  THURSDAY, 13 JUN 2019
... self-sustaining climb to higher highs. The domestic bourse's recent impetus has undoubtedly been triggered by the Reserve Bank of Australia's (RBA) decision to cut the official cash rate to a new record low of 1.25% on the June 4... plus, expectations ...

Chief economist update: BOE going the wrong way?

BENJAMIN ONG  |  TUESDAY, 11 JUN 2019
... same global challenges and the lingering uncertainty that is Brexit, external monetary policy committee member of the Bank of England (BOE) Michael Saunders said that, "We probably would have to return to something like a neutral stance earlier than ...

Liquidnet acquires fintech

KANIKA SOOD  |  FRIDAY, 7 JUN 2019
... provides predictive analytics on 3000 publicly traded companies listed in the US and 15 central banks including the Reserve Bank of Australia, Bank of Japan, US Fed Reserve and European "Prattle is yet another powerful tool for asset managers to discover ...

Chief economist update: The Budget surplus can wait

BENJAMIN ONG  |  THURSDAY, 6 JUN 2019
... Crisis) to 1.8% in the March quarter from 2.4% in the year to the December 2018 quarter. This gave credence to the Reserve Bank of Australia's (RBA) decision to cut interest rates to a record low of 1.25% just a day before the Australian National ...

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

BENJAMIN ONG  |  WEDNESDAY, 5 JUN 2019
"Toto, we're not in Kansas anymore." The Reserve Bank of Australia's (RBA) decision to cut the official cash rate to a fresh record low of 1.25% takes the country's monetary policy into uncharted waters. More uncharted it would be if JP ...

J.P. Morgan cuts management fees

KARREN VERGARA  |  TUESDAY, 4 JUN 2019
... Hallifax said too many investors are anchored in cash, leaving them stuck with low returns, while the likelihood the Reserve Bank of Australia cutting interest rates this year may further exacerbate the challenge for income-hungry investors. "We want ...