Sentences with phrase «bank said price»

The central bank said price - to - earnings ratios on a forward - looking basis for stocks have increased to a level «well above» their median for the past 30 years.

Not exact matches

«If Trump abandons the deal, he risks a spike in global oil prices,» said Ole Hansen, head of commodity strategy at Saxo Bank, adding that re-introducing U.S. sanctions could remove 300,000 - 500,000 bpd of Iranian oil from global supplies.

Bank of America on Tuesday said Berkshire exercised warrants to acquire its shares for roughly $ 7.14 each, well below their closing price of $ 23.58, down 14 cents from Monday.

«We do not see an imminent turning point in commodity prices and thus forecast further negative repercussions on the Canadian economy next year,» Sebastien Lavoie, assistant chief economist at Laurentian Bank Securities in Montreal, said in an analysis of the Bank of Canada's latest policy statement.

Officials say Goldman traders participated in chat rooms, sometimes using code names, to discreetly share confidential customer information with other global bank traders to affect foreign exchange prices.

«Markets are pricing in an 80 - 85 percent chance... I think that's a done deal,» Gorman said, referring to expectations for the central bank's upcoming December meeting.

Investment bank Jefferies called current prices unsustainable and said production declines across most of the important non-OPEC producers is likely to set the stage for an oil price recovery in the second half of this year.

«The idea that gasoline demand is actually rising suggests that perhaps the lower prices of crude are actually prompting a greater usage of this product (gasoline),» said Vyanne Lai, oil analyst at National Australia Bank.

The Bank of Canada said nothing in public about the possible merits of deficit spending as it twice cut its benchmark interest rate last year to offset the collapse of oil prices.

Ian Sexsmith, portfolio manager at Parnassus Investments, says banks» prices don't reflect the potential impact of more consumer lending and lower default rates in a strong economy — a mismatch that's creating some enticing bargains.

In response to a question about whether a rate cut amounted to pouring gasoline on the overheated housing market, Poloz said «We admit that these conditions are likely to cause financial imbalances,» in some cases, but that the Bank's primary goal is to ameliorate the «financial shock» to the economy caused by the drop in oil prices.

When asked when central banks will take cryptocurrencies seriously, he said: «We don't have to, in the sense that we don't have responsibility or even instruments that point to particular prices of particular assets, that is certainly not the role of central banks.»

«The precise parameters of the U.K.'s future relationship with the European Union remained highly uncertain and it seemed likely that asset prices would remain sensitive to perceived developments in the outlook in the months ahead,» the Bank of England said through the minutes of the policy committee's meeting.

«In the U.S., products and technology are old, and not oriented to digital customers, and the prices that banks charge are relatively high,» he said.

We have a different view on inflation, which we see below 2 percent even in 2018,» analysts at Bank of America Merrill Lynch said in a note on Wednesday, explaining that oil prices will keep headline inflation low.

«We feel the excitement over «Abenomics» is now priced in, and the Bank of Japan has yet again shown it will do nothing dramatic to end deflation,» he said.

«The rational response would be to lower the rental asking price, but that would mean the value of the collateral would be lowered and the bank would be forced to write down the loan,» he says.

Fed Chair Janet Yellen said last month that the U.S. central bank was getting closer to raising interest rates, possibly as early as September, saying that the Fed sees the economy as close to meeting its goals of maximum employment and stable prices.

In its report Thursday, the Bank of Canada said foreign demand has contributed to price growth in Vancouver and Toronto, which in turn has boosted overall household indebtedness.

«From the time we started till now we have seen significant changes taking place in the renewable energy space,» he said, citing the major changes in the Indian scenario like change in pricing of the energy, private companies taking ownership in renewable energy business and both, favourable and not - so favourable behaviour of the banks in lending funds to the energy businesses.

Singapore Airlines is close to a 50 percent hedge on fuel prices, helping the bottom line, says Mohshin Aziz of Maybank Investment Bank.

«If Trump abandons the deal, he risks a spike in global oil prices... The re-introduction of U.S. sanctions would hurt Iran's ability to transact in dollars,» said Ole Hansen, head of commodity strategy at Saxo Bank.

«Some say that's consequently driving the up the price of beer and soda, while the bank collects storage fees.

In its economic activity and prices outlook report, the central bank said risks were «skewed to the downside for fiscal 2019 onward.»

Bank of America Merrill Lynch and Morgan Stanley both upped their forecasts for crude prices this week, while Goldman Sachs said the risks of prices overshooting its current targets are mounting.

Bank of America Merrill Lynch and Morgan Stanley raised forecasts for oil prices in 2018, while Goldman Sachs said there is growing risk that it will have to push up its targets.

The ACCC did not say on Friday whether the banks succeeded in influencing the ringgit rates — which affect who profits from a trade, and by how much — but said that rules required them to make their pricing submissions independently.

Weak pricing was the biggest reason that Cenovus missed on most forecasts, said analyst Travis Wood of National Bank Financial Markets.

«Any safe haven you pick on, you are either fighting the central bank or else paying crazy prices,» he said.

«What we're seeing is a textbook implosion with regard to exploration and production capital spending domestically because the industry was leveraged to very high oil prices,» says Bill Herbert, a senior researcher at Houston oil and gas investment bank Simmons & Co..

The central bank noted in its statement that «financial vulnerabilities in the household sector continue to edge higher,» which is the Governing Council's way of saying that ultra-low borrowing costs continue to put upward pressure on asset prices and personal debt.

U.S. bank JP Morgan said it had increased its 2018 average price forecast by $ 10 per barrel to $ 70 per barrel for Brent and by $ 10.70 per barrel for WTI to $ 65.63.

Oil prices are higher, but not high enough to inspire new investment in the oil patch, where retrenchment has lead to «very weak» overall business investment, the Bank of Canada said.

Money managing giant BlackRock said last week a no - hike scenario is possible for 2016, while Bank of America Merrill Lynch also tore up its forecast, now calling for one hike this year — in September, for which the market is pricing in just a 38 percent chance — and no more until March 2017.

«I think there's a lot of focus upon the top line in the bank and over near - term we have been fairly flat on the top line, but if you look back over the last nine months, actually the top line is up about 5 percent,» Halford said about the share price move.

The central bank governor said he expects consumer inflation pressures to be mild this year, and that producer price increases will slow.

«For a bank like CWB, where sentiment has been fairly directly correlated to oil prices, if someone wanted to remain bearish on it, one of the excuses will be that Alberta is actually now going to go into a recession, if it hadn't already,» Movahedi says.

«While overall price growth slowed, gains in core price measures remained firm, leaving the Bank of Canada on track to lift interest rates two more times this year,» Alicia Macdonald, the Conference Board of Canada's principal economist, said in a statement.

Moody's says it took the step because of concerns over the banks» exposure to heavily indebted consumers and elevated housing prices.

He said the central bank's rate rise talk could restart the negative feedback loop that took place this year, when a strong dollar leaned on emerging markets currencies, including the Chinese yuan, and commodities prices, creating tight financial conditions and economic weakness.

«S&P 500 price - to - earnings is demanding excluding mega-caps and likely dependent on interest rates staying low versus history,» says David Bianco, chief U.S. equity strategist at Deutsche Bank.

The upward momentum of underlying prices is an important piece of data because it's certain to catch the attention of the inflation - targeting Bank of Canada, analysts said Friday.

The central bank said the measures, which will make it harder for first - time buyers to obtain loans big enough to buy a decent house at current prices, might hurt the economy in the short term.

Yellen said asset valuations including stock prices in part reflect expectations that the Fed will normalize rates faster than other central banks.

Core inflation, which excludes items such as fruit and vegetables as their prices fluctuate widely, also rose to 12.37 % year - on - year in June, up from 12.23 % in May, the central bank said on Sunday.

The banks may be more conservative until there's more long - term visibility of where the commodity prices go,» said David Otte, a special adviser to Spears and Associates, a Dallas - based consultancy.

«The 2017 stress test shows the UK banking system is resilient to deep simultaneous recessions in the UK and global economies, large falls in asset prices and a separate stress of misconduct costs,» the BoE said.

«The moves announced today are substantial, although the market was already pricing in a substantial good news flow,» Rob Aspin, head of equity investment strategy, Standard Chartered Bank said.

«If the geopolitical tension subsides or results in a smaller supply disruption than currently priced in, we are likely to see a sharp pull - back in investor positioning and an even sharper correction in oil prices than the $ 5 or so that might be warranted even as macro uncertainties persist,» U.S. bank Citi said in a note to investors.

He breaks down his $ 10,000 / oz price target for gold, saying that some central banks may have to resort to the gold standard to restore confidence in the markets.