Sentences with phrase «economies on commodity»

This is not to deny the continuing importance of the major industrial economies, or the potential feedback effects of slower growth in the major economies on commodity prices.

Not exact matches

Slowed growth in China has also had an impact on the commodity prices Canada's economy heavily relies on.

«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.

The impact of disappointing commodity prices on the wider Perth economy has become clear this week with a key annual conference postponed due to low numbers.

Decreasing growth in other economies can have a negative effect on Canada for a very simple reason: our mass production and export of commodities.

People trade the commodity on sentiment — if they think the global economy is headed for disaster, they load up on gold.

ANALYSIS: Positive news on employment and among some key commodities appears to mark a positive trend for the state's economy, and Business News» BN30 stock index backs that up.

«They helped cushion the blow on the economy from the commodity - price shock, which is of course better than reacting after the fact,» Poloz said Wednesday.

Canada's economy is more heavily dependent than the U.S.'s on commodities industries (think oil, mining, and timber) and on banking.

That period of reflection appears to have emboldened Poloz's conviction in the story he's been telling from the start: that international sales of manufactured goods and services would lead a rotation away from the economy's reliance on high commodity prices and consumption by heavily indebted households.

Given the collapse in oil prices, and declines in some other key non-energy commodities, the economy is now operating on two distinct growth tracks: the resource track and the non-resource track.

Among other things, my track record on predicting rising oil prices demonstrated that the traditional laws of supply and demand were no longer working for one of the economy's most basic and essential commodities.

From nickel to soybean oil, plywood to sugar, global commodity prices have been on a steady decline as the world's economy has lost momentum.

Substantial changes in commodity prices present important policy issues, both for macroeconomic policies working on the demand side of the economy, and for structural policies that work on the supply side.

Following a January rally, the global commodities complex underwent declines in February before partially recovering in March; for the first quarter as a whole, the benchmark Thomson Reuters CoreCommodity CRB Index (CRB) gained 0.8 % on a price - only basis.1 Among the 19 component commodities tracked by the CRB, advancers had a slight edge over decliners, buoyed by growth in global economies and weakness in the trade - weighted US dollar, which retreated 2.1 %, according to the Federal Reserve's (Fed's) US Dollar Index.1 Aside from robust gains for a host of agricultural products, oil and gold were also among the commodity winners.

And all economies reliant on natural resources have faltered since the commodities supercycle ended.

A few months after this particular conference I was back in Sydney to speak at another conference, and after I spoke, Gerard Minack, former chief strategist at Morgan Stanley Australia, gave his own presentation on the world economy and, more specifically, on the slow - turning battleship of expansion in the production of hard commodities.

Of the other MINTs: Indonesia is in a stable recovery, but the importance of commodities like coal and palm oil means it will not return to previous growth levels soon; Nigeria's economy remains overdependent on oil, though Phylaktis sees its «fast - growing population and labor force feeding faster economic growth over the medium term»; and while «Turkey has a lot of potential,» Lau says, «its political and economic management is questionable and casts a shadow over the economy.»

Asian and commodity - producing economies in particular depend on China, and catch a cold when it sneezes.

On balance, the overall impact on the global economy of lower commodity prices is likely to be positivOn balance, the overall impact on the global economy of lower commodity prices is likely to be positivon the global economy of lower commodity prices is likely to be positive.

«With China still focusing on transitioning its economy towards consumption and services, we think construction and commodity demand will remain weak in 2016.»

The second cyclical factor that has had a major impact on our exports and business investment is the protracted recovery of the US economy — the slowest in the postwar period.10 When oil and other commodity prices rose in the years before the 2014 oil price shock, so did our dollar, making our non-commodity exports to the United States less competitive and reinforcing the ongoing shift from manufacturing to services.

The C.D. Howe Institute says the Canadian economy is particularly open and, because of its reliance on commodity exports, vulnerable to shocks from abroad.

Many of the EM economies were also very dependent on commodity exports, and the collapse of commodity prices will depress incomes in these economies.

In the emerging economies the slowdown in China, together with on - going recessions in Brazil and Russia are impacting commodity markets.

Just as we're often presented with a false choice between a strong economy and a healthy environment, it often feels as though our political leaders think we have to choose between a focus on our non-renewable energy commodities or clean energy technologies.

The Chinese economy is slowing (worryingly, opinion differs as to how much), maintaining downward pressure on commodity prices, while Chinese stock prices continued to tumble in August in spite of huge intervention by the authorities.

If you should trade this currency pair, you should know that the Canadian economy as a whole depends heavily on commodity markets, more precisely on the oil market.

Tax cuts always effect assets prices, regulations are estimated to account for up to 35 % of building new construction costs for homes in some locations and though federal deregulation may not impact local regulations as much it does have a multiplier effect on the economy just like a tax cut does and anticipation of an infrastructure plan the scale of this administration's, though it hasn't been passed, would also have an anticipatory effect on leading indicators like stocks and other commodities that raise costs, which we have already seen.

Sharply lower commodity prices are now offering Canada an opportunity to push the reset button on an economy that's become distorted by an overdependence on resource markets.

The distribution of these real income gains across the economy depends, crucially, on how much the exchange rate appreciates in response to the positive shock to world commodity prices (RBA 2005).

Commodities are on fire as the economy in the U.S. leads the world in a commodity consuming growth period.

Commodity prices were on fire on Thursday morning, still soaring after comments by Treasury Secretary Steve Mnuchin that the weak dollar was good for the U.S. economy.

The recent downturn has shown that Alberta can not rely on the export of a single commodity to power our economy and our government.

Half of the country's 2014 exports were raw products like oil, iron ore, soybean and corn, so the economy has been vulnerable to commodity price changes on those products.

Alberta's economy is over-dependent on a single commodity, at a single price and in a single market.

I have been nibbling on this stock for the past few months as it too had a difficult 2015 with falling commodity prices hurting ethanol sales, along with a strong dollar and weakened overseas economies reducing demand for ADM products.

Looking forward, expansion in production capacity for some resource commodities, stronger commodity prices and the improvement in the global economy should provide a further boost to export earnings over the coming year (see section on commodity prices and the terms of trade).

The main contributors remain the same: declining oil and commodity prices, renewed concerns over the pace of expansion in China, and the impact of rising interest rates and a strong dollar on the U.S. economy.

Many of today's commodities are the building blocks on which the global economy is built and functions.

Chinese growth continues to slow, keeping pressure on commodity prices and sending deflationary impulses throughout the global economy.

The advantage of running an economy on gold, silver and other precious commodities is that tragic boom / bust cycles are avoided.

Since 1983, the Federal Labor Government has transformed a complacent Australian economy - an economy which relied on commodity exports, politically determined tariff walls and a fixed exchange rate.

Mr Harysuyker highlighted some of the impressive numbers underscoring the farm sector's current impact on the national economy including big advances in trade of beef and other commodities to markets like China.

Last year, when load - shedding reached its peak over a three - year period, the economy recorded its lowest growth in 15 years: expanding by 3.9 percent mainly, on due to a slump in commodities prices and energy supply deficit, which affected the manufacturing, industries and services sectors... the biggest contributors to the country's GDP.

The Ghanaian economy is built largely on the back of commodity exports, which saw a boom through 2011, but has tracked the fall in commodity prices.

Some of my friends in the media vigorously attack Nigerian journalists and statesmen who openly commend the Ghanaian administration for the strides made so far.Chief Dele Momodu recently said this about of our President «People don't know why I love Ghana so much and the current leader in particular.He is modest, not flamboyant as we see of other leaders», on BBC few days ago Nigerians interviewed used the positive signs in Ghana as appropriate yardstick to attack their government, a documentary going round in the international media exposes the lackadaisical performance of the Nigerian government using the positive performance recorded under John Mahama.The latest BBC reports on the Nigerian economy captures that the cost of living in Nigeria continue to soar and in June, accelerated to 16.5 % the highest rate in almost 11 years.Gari which is supposed to be the cheapest commodity in the country can not be afforded by the poor.

«Sometimes when we talk about our economy we talked about the fact that we have relied on single commodity and that is one of the reasons why we are where we are.

[26] Prior to Akan contact with Europeans, the Akan Ashanti people created an advanced economy based on principally gold and gold bar commodities then traded with the states of Africa.

He said the decline had been to the detriment of economies that relied solely on exporting the commodities in their crude state.