Philip Chua Business Blog

Posts Tagged ‘asset’

The final week of July saw mixed price action among asset classes, as better than expected data from outside the US was mostly offset by weaker US data. US stocks finished slightly weaker while the MSCI world stock index gained some ground. The CRB commodity index continued to advance, but

The risk aversion prevailing since 21 June accelerated during a vicious day of selling in global equity markets, affecting the other asset classes. China's 4.3% fall in the Shanghai composite index was cited as a catalyst for the acceleration phase, the Eurostoxx 50 closing 4.2% down, and the S&P500 currently

Risk appetite rebounded in stuttered fashion across most asset classes on Friday night. US equities opened weaker, but news that Germany’s parliament approved the EU rescue package and unfounded rumours that Goldman Sachs had reached a settlement with the SEC helped turn that around, followed by another small surge near

The key focus in the UK this week is likely to stem from the minutes of the MPC’s January meeting. It is expected that the headline votes for an unchanged Bank Rate of 0.5% and for an unchanged Asset Purchase Facility (of £200bn) were unanimous. However, the detail may shed…

The $700 billion Troubled Asset Relief Program was never used for the purpose for which it was originally intended. Yet it has been extended for another year.  Answer Desk.







Troubled Asset Relief Program – Emergency Economic Stabilization Act of 2008 – Federal Reserve System – Citigroup – Business

This week sees a particularly busy calendar in the UK, featuring the Chancellor’s Pre-Budget Report (PBR) and the latest Monetary Policy Committee (MPC) meeting. We look for Bank Rate to remain on hold at 0.5% while the MPC continues with its £200bn programme of asset purchases. The PBR, meanwhile, will…