DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Justin Smirk - 2 Carl Ang - 1 Kazuo Ueda - 1 David Gray - 1 Ben Udy - 1 Wayne Cole - 1 Jacqueline Wong - 1 Sam Holmes - 1
Top related locs:
Australia Tokyo Asia Sydney
Top related orgs:
Westpac - 2 Bank of Japan - 1 MFS Investment Management - 1 Reserve Bank of Australia - 1 New Zealand - 1 REUTERS - 1 Rights - 1 Bank of Australia - 1

Search resuls for: "Justin Smirk"


4 mentions found


☆ Markets wary of intervention as yen struggles at 155 level
  + stars: | 2024-04-25 | by ( ) www.cnbc.com   time to read: +3 min
Having traded in a tight range over the past few days, a buoyant dollar finally broke above the 155 yen level for the first time since 1990 in the previous session, and was last steady at 155.34 yen in early Asia trade. The breach of the 155 yen level comes as the BOJ meets to discuss monetary policy, though expectations are for the central bank to keep its short-term interest rate target unchanged following last month's landmark exit from negative rates. "We expect the BOJ meeting to deliver a marginally hawkish hold outcome," said Carl Ang, fixed income research analyst at MFS Investment Management. Continued expectations of gradual policy tightening and a low terminal policy rate make it difficult for the yen to appreciate significantly, even if at historically depressed levels." The dollar steadied at 105.79 against a basket of currencies, pulling away from a nearly two-week low hit in the previous session.
Persons: Carl Ang, Kazuo Ueda, Justin Smirk Organizations: Bank of Japan, MFS Investment Management, Reserve Bank of Australia, Westpac, New Zealand Locations: Tokyo, Asia, Australia
☆ Australia July jobs take a surprise fall as market loosens
  + stars: | 2023-08-17 | by ( Wayne Cole | ) www.reuters.com   time to read: +3 min
A worker pushes a trolley loaded with goods past a construction site in the central business district (CBD) of Sydney in Australia, March 15, 2018. REUTERS/David Gray/File Photo Acquire Licensing RightsSYDNEY, Aug 17 (Reuters) - Australia employment unexpectedly fell in July to end two months of very strong growth, while the jobless rate ticked higher in a sign the drum-tight labour market might finally be loosening. "Even so, the deterioration in the labour market has a long way to run before the RBA can completely relax." The labour market has proved remarkably resilient with 399,000 net jobs added in the 12 months to July even as interest rates have climbed 400 basis points to a decade-high of 4.1%. "It is getting harder to argue for a sustained lift in wage inflation momentum," said Justin Smirk, a senior economist at Westpac.
Persons: David Gray, Ben Udy, Justin Smirk, Wayne Cole, Jacqueline Wong, Sam Holmes Organizations: REUTERS, Rights, Bank of Australia, Australian Bureau of Statistics, ABS, Oxford Economics Australia, Westpac, Thomson Locations: Sydney, Australia
☆ Oil climbs 3rd day on subdued dollar, U.S. crude stocks' drop
  + stars: | 2023-02-08 | by ( Sonali Paul | ) www.reuters.com   time to read: +2 min
The dollar index was down slightly at 103.29 in early trade, extending losses after Powell's comments on Tuesday, making oil cheaper for those holding other currencies. "If we have stronger than expected growth out of the developing world, (oil) prices will be firmer and OPEC will have to step up output. Supporting the market, weekly inventory data from the American Petroleum Institute industry group showed crude stocks fell by about 2.2 million barrels in the week ended Feb. 3, according to market sources. That defied expectations from nine analysts polled by Reuters, who had estimated crude stocks grew by 2.5 million barrels. The market will be looking to see if data from the U.S. Energy Information Administration, due at 1530 GMT, confirms the decline in crude stocks.
☆ Oil steadies after 3% drop on demand fears
  + stars: | 2022-11-09 | by ( Sonali Paul | ) www.reuters.com   time to read: +2 min
MELBOURNE, Nov 9 (Reuters) - Oil prices were mostly unchanged in early trade on Wednesday, after sliding 3% in the previous session on worries about demand stalling on potential new lockdowns in top oil importer China as COVID-19 cases rebound. Brent crude futures rose 2 cents to $95.38 a barrel by 0126 GMT, while U.S. West Texas Intermediate (WTI) crude futures slipped 4 cents to $88.87 a barrel. U.S. crude oil inventories rose by about 5.6 million barrels for the week ended Nov. 4, according to market sources citing American Petroleum Institute figures. By comparison, seven analysts polled by Reuters estimated on average that crude inventories rose by about 1.4 million barrels. In another bearish sign, API data showed gasoline inventories rose by about 2.6 million barrels, against analysts' forecasts for a 1.1 million drawdown.
0 next >>
Total: 4