Search Results for: Australia dollar
Asia stocks, bonds suffer central bank anxiety attack
September 12th, 2016
Asian shares suffered their sharpest setback since June on Monday as investors were rattled by rising bond yields and talk the Federal Reserve might be serious about lifting U.S. interest rates as early as next week. European bourses were ...
Asian Markets Fall After North Korea Nuclear Test
September 9th, 2016
Asian shares moved lower after North Korea conducted a fifth nuclear test Friday, adding to weakness in the market brought on by disappointment about European Central Bank’s inaction on stimulus. But Hong Kong’s Hang Seng Index continues to rally, ...
Westpac refunds $20 million in credit card foreign transaction fees
September 8th, 2016
Westpac Banking Corporation (Westpac) has recently refunded approximately $20 million to around 820,000 customers for not clearly disclosing the types of credit card transactions that attract foreign transaction fees. Following a customer complaint, Westpac notified ASIC that customers may have been ...
Asian Stocks Retreat as Crude Oil Rallies; Yuan Bears Squeezed
September 8th, 2016
Yuan borrowing costs jump offshore on suspected intervention Euro edges higher before ECB reviews policy; Aussie gains Price swings in financial markets are becoming increasingly muted as investors mull the outlook for monetary policy in the world’s biggest economies. ...
SWIFT: Virtual currencies unlikely to crowd out fiat currencies
September 7th, 2016
The SWIFT Institute has published a new research paper analysing whether Bitcoin will crowd out fiat currencies in the global community. The paper, entitled “Virtual currencies: Media of exchange or speculative assets?”, looks at the dynamic relationship between virtual currencies, such ...
Emerging Markets Rally as Fed Bets Pulled; Japanese Stocks Fall
September 7th, 2016
Weak U.S. economic data slashes odds of a September rate hike Japanese shares retreat as yen strengthens; oil near $45 Emerging-market stocks and currencies rallied with European equity index futures after a slew of weak U.S. economic data quelled ...
Aussie gains as RBA keeps quiet on currency strength
September 6th, 2016
Australia’s dollar was the biggest gainer among major currencies as U.S. and European traders returned from summer holidays on Tuesday, jumping almost 1 percent after the country’s central bank said little on its 10 percent rise since January. The ...
Asia shares rally as US job report seen dimming chance of Sept hike
September 5th, 2016
Asian shares rose on Monday after a weaker-than-expected U.S. jobs report prompted investors to trim expectations that the Federal Reserve would hike interest rates as early as this month. MSCI’s broadest index of Asia-Pacific shares outside Japan extended early ...
European Stock Futures Rise Amid Payrolls Countdown as Oil Gains
September 2nd, 2016
Asian stocks little changed, as are U.S. equity futures Crude set for worst week in eight months on glut concern European stock index futures advanced and commodities gained ahead of key American jobs data that’s seen shaping expectations for ...
Asia markets mostly down; Nikkei sells off following disappointing inflation data
August 29th, 2016
Asia markets closed mostly lower on Friday, with Japanese stocks selling off more than 1 percent after soft inflation data prompted concerns over the effectiveness of government stimulus. The benchmark Nikkei 225 closed down 195.24 points, or 1.18 percent, at 16,360.71. Across the ...
