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Showing 81 - 90 of 3717 results for %22Wall Street%22

Chief economist update: Will Australia avoid another global recession?

BENJAMIN ONG  |  FRIDAY, 16 AUG 2019
... "R" contingency. The Fed's mulling negative interest rates; the ECB's forward-guiding, according to the 'Wall Street Journal', "a package of stimulus measures at its next policy meeting in September that should exceed investors' expectations" ...

Deutsche chief to buy shares amid turmoil

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUL 2019
... about execution." Eigendorf asked whether the bank exiting global equities and making the cuts means a farewell to Wall Street for Deutsche, but Sewing was adamant that isn't the case. "We want to put the resources where we can win... and we will do ...

Chief economist update: Australia needs a cheaper A$

BENJAMIN ONG  |  TUESDAY, 9 JUL 2019
If it were posted on Facebook, Wall Street would have "unliked" the strong US non-farm payrolls report for June - up a bigger-than-expected 224,000 from 72,000 in May. Meanwhile, the unemployment rate ticked up to 3.7% from 3.6% in May, remains near ...

Chief economist update: US recession in the offing

BENJAMIN ONG  |  MONDAY, 3 JUN 2019
... 10-year US bond yields closed at 2.14% - the lowest since January this year - and the VIX index jumped by 18.2% on the day. Wall Street's reaction is to be expected particularly given Trump's latest bombshell comes in the midst of its escalating ...

Chief economist update: It'll hurt me more than it hurts you

BENJAMIN ONG  |  FRIDAY, 24 MAY 2019
... billion. As expected, the Ministry of Finance of the People's Republic of China announced (before the opening bell on Wall Street on Monday, the May 13) that it's imposing increased tariffs on a total of 5,140 products imported from the US (worth ...

Chief economist update: A tariff for a tariff

BENJAMIN ONG  |  TUESDAY, 14 MAY 2019
... his tariff tat. The Ministry of Finance of the People's Republic of China announced (before the opening bell on Wall Street) that it's imposing increased tariffs on a total of 5140 products imported from the US (worth around US$60 billion) starting ...

Chief economist update: The tweet that reignited the trade war

BENJAMIN ONG  |  TUESDAY, 7 MAY 2019
... BOJ's efforts towards boosting growth and inflation in the economy. And the Euro Stoxx-50 index lost 1.1%. As for Wall Street, the S&P 500 index dropped by as much as 1.6% overnight before closing 0.5% lower; the Dow fell by as much as 1.8% before ...

Chief economist update: Fed on ice

BENJAMIN ONG  |  THURSDAY, 21 MAR 2019
If there's anything that captures the greed on Wall Street, it's the US equity market's reaction to the Fed's decision following its 15-16 March 2019 FOMC meeting. The Fed gave the markets what they expected - it kept the Fed funds rate ...

Chief economist update: US economic growth is slowing and accelerating

BENJAMIN ONG  |  FRIDAY, 1 MAR 2019
... the previous one - the 10th straight quarter of acceleration 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 ...

Fearless Girl comes to Melbourne

KARREN VERGARA  |  FRIDAY, 8 FEB 2019
... Australia in bid to stand for equality and diversity. The 50-inch bronze statue of a little girl standing defiantly in front of Wall Street's famous Charging Bull was commissioned by State Street Global Advisors in 2017 in light of International ...