Foreigners have typically purchased Canadian
dollar debt as a currency play.
Not exact matches
TORONTO, May 1 - The Canadian
dollar fell to a four - week low against its U.S. counterpart on Tuesday before paring its decline,
as Bank of Canada Governor Stephen Poloz said the outlook for the domestic economy is good despite the overhang of high household
debt.
Even though the
dollar gets a bounce from the safety trade, especially when investors are running from European default, the trend in the
dollar is lower
as we dig ourselves deeper into
debt.
On Monday, the yen slid towards 99 per
dollar, its lowest in nearly four years,
as markets prepared for the BOJ to start buying about 70 percent of
debt issued by the government.
Even
as a professional, I've never lived above my means, never carried credit card
debt, and paid down on my mortgage with every spare
dollar I earned until it was paid off.
Meanwhile, in Detroit, the city initially classified its general obligation bonds
as unsecured
debt before settling with creditors for less than 100 cents on the
dollar.
The idea of minting a trillion -
dollar coin has picked up
as an option that would allow the Treasury to temporarily print money to pay the country's bills and work around the
debt ceiling.
Yet these major milestones are simply yawned off now,
as if trillions of
dollars in new
debt is just par for the course.
But the growth of golf, the growth of all sports
as a marketing force boosting the bottom line of multi-billion
dollar corporations, owes a
debt to «the King».
The rouble has weakened some 30 percent versus the
dollar this year,
as Western sanctions over the Ukraine crisis have made it harder for banks and companies to refinance foreign currency
debts and
as tumbling oil prices have hurt government revenue.
The ratings agency Moody's maintained the US's top - notch «Aaa» credit rating Thursday, saying, «The diversity, dynamism, and competitiveness of the US economy, along with the US
dollar's status
as the preeminent international reserve currency and very large size and depth of the US Treasury market, offset rising fiscal pressures stemming from aging - related entitlement spending, higher
debt - service payments, and recent policy actions that will likely reduce future revenues and increase expenditures.»
Investors should monitor current events,
as well
as the ratio of national
debt to gross domestic product, Treasury yields, credit ratings, and the weaknesses of the
dollar for signs that default risk may be rising.
At some point, if these policies are inflationary, then the vigilantes or those that hold
dollar reserves, such
as China and Brazil and Mexico, they will be in the driver's seat in terms of longer - term Treasury
debt, 10 years and 30 years Treasury
debt in terms of their yield.
Among his other accomplishments, he led a group of 20 law firms that prosecuted cutting - edge class action cases against financial institutions, such
as Countrywide, Wells Fargo, and JPMorgan Chase, concerning destructive negative amortization loans that unknowingly caused borrowers to assume tens of thousands of
dollars of additional
debt.
Remington will remain in business
as it reorganizes and unloads hundreds of millions of
dollars in
debt, according to court records.
As Tamsin McMahon wrote a couple of weeks ago in Maclean's, Canadians owe an average of $ 1.53 for every
dollar they earn — just below where American
debt stood when housemageddon hit south of the border.
To some extent, these concerns are allayed by the existence of natural hedges, such
as foreign currency export income, although rising US
dollar - denominated
debt servicing costs at a time of falling US
dollar - denominated commodity revenues would obviously be problematic.
The ruble's exchange rate has fallen
as more rubles are thrown onto currency markets to obtain the
dollars needed to pay interest and
debt service on foreign loans (and to sustain capital flight in the absence of controls).
(a) Share of total Australian
dollar assets (per cent), subcomponents are the share of liquid assets (b) While deposits with other banks are a store of liquidity, they do not contribute to the stock of liquidity held by the banking system
as a whole, since the recipient banks will, in turn, need to hold additional liquidity against these deposits; consequently, they are excluded from this table (c) Includes Commonwealth Government Securities and securities issued by the states and territories (d) Includes notes and coins, Australian
dollar debt issued by non-residents and securitised assets (excluding self - securitised assets)
While foreign interest in the loonie bodes well for Canadians who shop south of the border, it will also jolt Canada's fixed - income markets
as reserve managers buy liquid
debt securities with the Canadian
dollars they own.
Since 2001 the silver and gold markets have gone up substantially
as a reaction to the 20 year precious metals bear market from 1980 — 2000, massive increases in military spending, weakening global economies that REQUIRE Quantitative Easing to avoid deflation, the rise of competing currencies that weaken the
dollar's trading status, excessive
debts in Europe, Japan, the United Kingdom, and the United States, and so much more.
Today, it's perched atop global currency markets
as Canada wins acclaim for its economic outlook and handling of the public
debt, a point driven home Wednesday when a Russian Central Bank official confirmed that the Canadian
dollar would be added to its international reserves.
But it will be, and this defrocking may occur in
as short a period
as five to 10 years... If the
dollar loses status
as the world's most reliable currency, the United States will lose the right to print money to pay its
debt.
Due to the massive
debt being amassed by government spending, the role of the
dollar as the global reserve currency is threatened.
As the
dollar went up in price, that would mean that third world countries and Asian countries whose international
debts are denominated in
dollars would have to pay much more of their exports.
Reviewing desired expenses, such
as dining out, entertainment, clothing, or travel, and minimizing how much is spent in each category also helps uncover the extra
dollars that can be used toward paying down the principal balance on student
debt.
If so, then these needs to be traded on the open stock markets & accepted
as payment just
as a US
Dollar for services,
debts and any other purpose that the currency serves
as.
The Company may enter into fair value hedges, such
as interest rate swaps, to reduce the exposure of its
debt portfolio to changes in fair value resulting from changes in interest rates by achieving a primarily U.S.
dollar LIBOR - based floating interest expense.
Emerging - market
dollar debt slid,
as did an index of commodities.
And international buyers, from Europe to Japan, are backing away from U.S. corporate
debt as a falling
dollar drives up hedging costs at the same time curtailed central - bank buying drives up global yields.
Investors are hungry for high quality, multibillion -
dollar debt deals,
as shown by Anheuser - Busch InBev Finance Inc. of Belgium's success with two corporate bonds totaling more than $ 60 billion in 2016.
As an aside, those who believe that the province should simply «take back Translink» as a crown corporation (or similar) should understand that in practical accounting terms this would also involve taking on Translink's multibillion dollar debt (supported as it is by ridership fees, gas taxes, etc.), and that this would almost certainly immediately denigrate the province's AAA credit ratin
As an aside, those who believe that the province should simply «take back Translink»
as a crown corporation (or similar) should understand that in practical accounting terms this would also involve taking on Translink's multibillion dollar debt (supported as it is by ridership fees, gas taxes, etc.), and that this would almost certainly immediately denigrate the province's AAA credit ratin
as a crown corporation (or similar) should understand that in practical accounting terms this would also involve taking on Translink's multibillion
dollar debt (supported
as it is by ridership fees, gas taxes, etc.), and that this would almost certainly immediately denigrate the province's AAA credit ratin
as it is by ridership fees, gas taxes, etc.), and that this would almost certainly immediately denigrate the province's AAA credit rating.
For example if there were to be a crisis, such
as the recent sovereign
debt issues in Europe, money would flow into gold in search of a safe haven, but also into
dollars to escape the European issues.
Consequently, we will see all three soar in the years to come
as the US
Dollar is necessarily devalued to pay for the massively exploding US National
Debt.
John also served
as the VP and Head of Corporate Development for an early - stage renewable energy and feed company based in Florida
as well
as a Director in Business Development at Valens Capital, a billion
dollar hedge fund focused on providing flexible, custom - tailored and cost - effective
debt and equity growth financing solutions to small - cap public and private companies.
Remember that in terms of «
debt productivity» each additional
dollar of
debt has less and less impact on GDP growth
as a larger percentage of the new
debt has to be used to service the existing
debt.
Every
dollar that is created is a
debt owed to the Federal Reserve, which, despite its name is
as Federal
as Federal Express and carries
as much reserve (zero)
as a pocket with a hole in the bottom.
With the anticipated reduction in QE causing currencies like the Indian rupee to fall meaningfully
as of late, the
dollar denominated
debt of Indian companies expands due solely to increasing currency differentials.
The offering, which was sold
as a private placement, was the largest
dollar - denominated corporate bond sale since Roche Holding issued $ 16.5 billion of
debt in February 2009.
As I've written before, an effective program of mortgage -
debt forgiveness would effectly involve identifying those homeowners who are deepest in
debt, and most willing to walk away from their obligations, and giving them tens of thousands of
dollars in relief.
For years, individuals and investors that were concerned with
debt, deficits and a weak
dollar turned to gold
as the ultimate safe haven, but now bitcoin is starting to become the alternative currency.
Capital Markets Corporate
Debt As Russian companies strive to cope with higher borrowing costs and a shortage of dollars and euros to repay foreign debt, emerging markets bonds are coming under increasing scrutiny by invest
Debt As Russian companies strive to cope with higher borrowing costs and a shortage of
dollars and euros to repay foreign
debt, emerging markets bonds are coming under increasing scrutiny by invest
debt, emerging markets bonds are coming under increasing scrutiny by investors.
Trust me going 90,000
dollars into
debt to receive a masters of divinity and then expecting to make 24,000 a year does not really strike me
as being in it for the money.
As Dallas Mavericks owner Mark Cuban wrote in «The Coming Meltdown of College Education,» «We freak out about the Trillions of
dollars in
debt our country faces.
As author Penny Lernoux has noted: «When the Alliance for Progress was finally buried at the end of the 1960s, about the only thing that the Latin American countries had to show for it was an enormous foreign
debt: 19.3 billion
dollars compared to 8.8 billion in 1961 when the program was launched» (Cry of the People [Doubleday], p. 211).
We give Israel billions of
dollars of aid every year from our hardworking tax - payers» money when nearly 50 million Americans live under poverty in this nation,
as well
as having lots of problems in this nation, such
as bad infrastructure, high unemployment rate, billions of
dollars in
debt, etc..
In addition to material and labor being more affordable (provided you're willing to put some sweat equity into the project), houses can be built in stages and added on to
as resources allow — certainly a better option than taking out an overwhelming mortgage and racking up hundreds of thousands of
dollars worth of
debt.
In Asia, home of two - thirds of the world's bonded slaves, a person may spend an entire lifetime paying off a
debt as low
as 37 U.S.
dollars.
One of the Australian wine industry's greatest success stories, Casella Wines, has plunged to its first loss in more than 20 years, putting it in breach of its
debt covenants and forcing it to slash costs
as a high Australian
dollar cuts profit from its popular Yellow Tail label.
INVESTORS and dairy farmers are bracing for the worst from Murray Goulburn
as weak commodity prices, rising
debts and the soaring
dollar look set to savage the co-operative's earnings and milk price forecasts.