Sentences with phrase «currency appreciation in»

These higher forecasted returns are due partly to higher current dividend yields, but also to less risk of a tumbling CAPE ratio in the years ahead, paired with expectations of currency appreciation in countries with recently depressed currencies.

We are going to see strong resistance to currency appreciation in the future and increases in subsidies in many nations — first, second and third tier currencies.

The point which Ben very appropriately emphasizes is that unmanaged secular stagnation in one place is contagious — that a higher level of saving over investment leading to low interest rates in one place, leads to current account surplus, leads to a capital outflow, which then leads to currency depreciation, leads to currency appreciation in other places, and leads therefore to spreading low demand and low interest rates everywhere.

Not exact matches

An appreciation in the currency could hurt the bank's inflation targets and prompt changes to its monetary policy.

The PBoC described the devaluation as small compared with the yuan's appreciation in recent years or the depreciation of the currencies of its economic rivals in Asia and Europe.

However, some economists believe that given the economic growth in the region — which the ECB foresees at 2.3 percent of gross domestic product (GDP) in 2018 — consumers will be able to sustain the appreciation in the currency and the ECB won't be forced to stimulate the economy.

America Movil attributed a decline in sales to the peso's appreciation against other currencies.

«The rapid appreciation of Bitcoin and others is somewhat surprising in light of some developments that seemingly would have put downward pressure on the currency,» another group of Morgan Stanley analysts wrote, citing the SEC's rejection of a Bitcoin ETF, among other factors.

Like Japan in the 1980s, China's export - driven economic success and high savings rate needs a relief valve if it is to avoid rapid appreciation of its currency, the renminbi, the exchange rate of which is carefully managed.

Over the longer term, we expect increasing productivity should also result in a broad appreciation in emerging - market currencies.

So your point that the appreciation in currency doesn't matter for competitiveness is incorrect, the reasons for appreciation matters.

You may disagree with Krugman's analysis, but it's a little disingenuous to try to denigrate and dismiss Thomas Mulcair's economic ideas when they're based on Nobel prize winning work in economics (the intellectual case, that is; the factual case that this phenomenon is occurring today, in Canada, is purely a question of whether the appreciation of our currency is based on the oil and gas boom and whether a high dollar results in lower exports in other sectors, both of which you seem to have admitted are accurate.)

Secondly, as guest and I have been trying to point out if the appreciation in currency for Japan / Germany is due to increased demand for there manufacturing exports this is not the same thing as an appreciation caused by increased demand for oil exports.

We like selected EM debt for income and potential price appreciation amid low inflation and subdued currency volatility in the emerging world.

But [the increase in commodity prices] is just the beginning of the story, accounting for about one - half of the appreciation of our currency over the past decade.

When you invest in Bitcoin (or gold, or the price of oil, or other commodities, or any other currency, or fine art), you are betting the farm on price appreciation alone.

Despite stronger than expected growth in the second half, the central bank has actually reduced its outlook for the next two years, saying that's when the current appreciation of the currency will show up in growth figures.

An appreciation of the U.S. dollar against most other currencies largely explained the fall in travel costs in 2015.

CAPITALIZING ON GLOBAL BONDS & CURRENCY OPPORTUNITIES Templeton Global Bond Fund seeks current income with capital appreciation and growth of income by investing predominantly in bonds of governments and government agencies around the world.

Since Canada is a major exporter of many commodities, an increase in prices means that the world is prepared to pay more for the Canadian dollars ultimately required to purchase them, thus creating an appreciation in our currency.

It seems more likely Beijing would consider taking over foreign businesses, especially given its largest US$ 1.9 trillion foreign exchange reserve in the world, and the appreciation of its currency by 9 % y - o - y against the US dollar, or 40 % y - o - y against the Canadian dollar, or over 20 % against both currencies since July 21, 2005 when the Chinese central bank allowed its RMB to float.

In recent months digital currencies like Bitcoin have caught the attention of the investment world due to their rapid price appreciation and potentially disruptive technologies.

Around 95 per cent of the appreciation in the currency from its lows in April 2001 has occurred in overnight trading.

In contrast to the strength in volumes, the value of total imports declined by around 5 per cent over the year to the December quarter, as the currency appreciation has lowered Australian dollar import priceIn contrast to the strength in volumes, the value of total imports declined by around 5 per cent over the year to the December quarter, as the currency appreciation has lowered Australian dollar import pricein volumes, the value of total imports declined by around 5 per cent over the year to the December quarter, as the currency appreciation has lowered Australian dollar import prices.

«From a long - term view, the renminbi remains a strong currency,» Ms. Zhang said, adding that «in the future, the renminbi will be back on the appreciation track.»

An appreciation of the exchange rate means that: the increase in the domestic currency price of commodity exports will be less than the increase in world commodity prices; the income of the other tradable sector will fall; and real income gains flow to the broader economy via the associated decline in the price of imports.

Domestic inflationary pressures, associated with higher wages and incomes, will lead to higher inflation for non-tradable goods and services but, at the same time, the gradual pass through of the initial exchange rate appreciation will lead to lower inflation for tradable goods and services (whose prices in foreign currency terms depend to a significant extent on global considerations).

«The PBOC will have to choose between allowing significant currency appreciation and continuing to accumulate foreign assets,» Mark Williams, the firm's chief Asia economist, wrote in a research note Monday.

While the magnitude of this fall partly reflects the appreciation of the currency, it also reflects ongoing price declines associated with global overproduction and high productivity growth continuing in this sector.

Other measures, such as exchange controls, are also being used to stem the appreciation of local currencies, with the authorities in Thailand announcing in October a package of measures, including suspension of interest payments to overseas holders of Thai cheque and savings accounts and a deposit ceiling of 300 million baht (US$ 7.5 million) per account.

Overall CPI inflation was a more modest 1.6 per cent over the year, held down by weakness in the prices of internationally tradable goods flowing from the appreciation of the currency.

Over recent years countries in Asia have been intervening heavily (buying US dollars and selling their own currencies) in order to prevent an appreciation of their currencies.

The appreciation of the Australian dollar has been less marked against the euro, and the currencies of a number of countries that Australia competes with in international markets.

As noted, Asian currencies are important in the TWI and the appreciation against these currencies accounts for about two - thirds of the 18 per cent rise in the TWI over the past year.

Both the US and Europe may choose print more to slow the appreciation of their respective currency, and in turn, shockwaves will be felt around the world.

While we believe that temporary factors have amplified the drop in services inflation, the ECB will likely worry about potential second - round effects of lower oil prices and currency appreciation on the price of some other (non-energy) goods and services, including on Non-Energy Industrial Goods inflation which fell sharply, from 0.7 % to 0.3 % in February.

By downplaying the euro's strength, they suggested any potential deflationary effects caused by the rise in the single currency are likely to be limited, barring an outsized further appreciation.

You'll notice that many of the YTD returns are different when adjusted for local currency appreciation or depreciation and the relative devaluation of various emerging market currencies is another theme that has come to the fore in 2014.

But that is what an appreciation in the price of gold is based on; paper money has to fall in value, due to a lack of confidence in the economic stability of the government of the country that issues the currency.

But in the absence of any suggestion that the currency's appreciation would delay a tapering of bond purchases, the single currency's rally — which by the end of August had taken it above US$ 1.20 for the first time since the start of 2015 — resumed, following a brief pause in the run - up to the ECB meeting.

As a result, the real effective exchange rate of Spain has depreciated by around 7 per cent since 2008, in contrast to an appreciation of 1 per cent in Germany — an improvement achieved despite Spain's inability to devaluate its own currency.

«If you look at the S&P / TSX Composite Index, it had an annual compound return (including dividends) of 8.9 per cent between 2001 and 2010 while the S&P 500 had an annual compound return of 3.0 per cent, or -2.3 per cent in Canadian dollars given our currency's appreciation during that period,» says Dimock.

That was particularly dramatic in 2015, when US and international equities posted only modest returns in their native currencies but netted close to 20 % for Canadians on the strength of the currency appreciation.

The International Air Transport Association says average fares around the world as reported in U.S. dollars fell about 12 per cent last year, or by four to 4.5 per cent adjusted for distortions caused by the strong appreciation in the U.S. currency.

Depending on which countries you include in the analysis, the expected real exchange rate appreciation in a basket of emerging market currencies should be about 50 bps annually.

In addition, their risk - to - reward profile is enhanced by declining currency volatility and a positive long - term outlook for currency appreciation.

Because EM countries are much earlier in their growth cycle than the U.S., we anticipate continued appreciation of EM currencies in the years to come (see Figure 3).

The reason this is important is that if the dollar strengthens while you hold a Swiss stock, the change in currency rates will cause you to receive fewer dollars for the Swiss francs — and this can turn a paper profit from stock appreciation into a net loss.

That has been a benefit for Canadians who hold US equities: not only did the stocks deliver huge returns in their local currency in 2013, but we got a further boost thanks to the appreciation of the US dollar.

If the U.S. dollar appreciated against our loonie, then the investor would benefit not only from any increase in value in the individual stocks, but the U.S. currency appreciation as well.