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Showing 1 - 10 of 59 results for "British Pound"

Pendal profits tumble 25%

KANIKA SOOD  |  WEDNESDAY, 4 NOV 2020
... year (including the Westpac money). This along with unfavorable currency movements of $2.3 billion as US dollar and British pound impacted its FUM. However, inflows started to pick up between July and September, totaling $1.2 billion. "The numbers show ...

BetaShares launches FTSE 100 ETF

KANIKA SOOD  |  TUESDAY, 16 JUL 2019
BetaShares has launched a new exchange-traded fund that will track the 100 largest UK companies traded on the London Stock Exchange. It started trading on the ASX this morning with the ticker code F100. The passive ETF will track the market cap weighted ...

Chief economist update: disUnited Kingdom

BENJAMIN ONG  |  WEDNESDAY, 16 JAN 2019
... down to 2.3% in November 2018 from 3% at the start of 2018; core inflation down to 1.8% from 2.7% Similarly, the British pound has generally traded sideways after recovering all of its losses following the Brexit referendum and the FTSE-100 index even ...

Australia's weekus horribilis

BENJAMIN ONG  |  MONDAY, 27 AUG 2018
... with the its peers - against the greenback, the NZ$ appreciated by 1.0% over the week; the euro by 1.6% and the British pound by 0.8%. The Japanese yen declined by 0.5%. Similarly, the yield on Australian 10-year bonds declined to 2.52% (from 2.55% at ...

Chief economist update: Australian dollar loss is economy's gain

BENJAMIN ONG  |  THURSDAY, 12 JUL 2018
... lower against the US this year to date; 3.2% cheaper against the euro; down 6.4% versus the yen; 3.5% down on the British pound; and, 3.4% lower even against the depreciated Chinese yuan. The corresponding AUD stats from its 2018 high: It's down ...

Citi launches currency product, targets HNW investors

DARREN SNYDER  |  MONDAY, 4 JUN 2018
... directly into a USD account (the GCA sets up individual accounts for each currency) To transfer currency from AUD to British Pound and Euro accounts in real time to take advantage of foreign exchange movements Citi is offering variable interest rates ...

Chief economist update: One hike this year, one hike next year

BENJAMIN ONG  |  WEDNESDAY, 17 JAN 2018
... decision to raise the Bank Rate by 25 basis points to 0.5% at its 2 November 2017 meeting which, in turn, sent the British pound higher. From 2 November to date, Sterling's effective exchange rate has appreciated by 2.2% -- it's risen by 5.4% against ...

Expecting the expected

BENJAMIN ONG  |  MONDAY, 18 DEC 2017
... inflation rate is above the BOE's target rate (3.1% in the year to November) - due to the sharp depreciation of the British pound - but the British central bank expects this to ease slowly to around 2.5% by mid-2018 "as the contribution from import prices ...

BOE does what it said it would do

BENJAMIN ONG  |  FRIDAY, 3 NOV 2017
... beginning of normalisation of monetary policy (read, more interest rate hikes), it had an opposite effect on the British pound and the bond market. The pound dropped against its peers after the rate hike announcement. It closed 1.6% lower versus the ...

Go ahead BOE, make my day

BENJAMIN ONG  |  WEDNESDAY, 18 OCT 2017
Four days and one month before this day, the British pound staged a sterling rally - it soared to pre-Brexit levels against the US dollar and the Japanese yen (and to a two-month high against the strengthening euro). That was on 14 September when the ...
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