Perhaps this is the inevitable volatility reflecting the combined uncertainty about the upcoming elections, the outlook
for global recovery, and general economic uncertainty, and Mr. Market is merely going through the inevitable digestion required after the gluttony of the last decade; but I'd posit that there's a bigger risk sitting in the wings.
But if all goes well
for the global recovery, central bank activity and speculative demand will put upward pressure on the loonie this year, especially if the Bank of Canada increases rates before the U.S. Federal Reserve does.
Not exact matches
The prospects
for an oil price
recovery are still unclear, van Beurden said, despite attempts by OPEC and other producers to agree a deal to limit output and reduce the
global glut which has pushed oil prices down by 50 % since June 2014.
That was in line with analysts» views that the economy, which has contracted
for the past three quarters, will grow moderately this year on the back of a
global economic
recovery and the government's expansionary policies.
Comment: «Air cargo traffic remains a watch item
for us as the gradual market
recovery continues amid modest overall
global economic growth rates,» said Dennis A. Muilenburg.
The government has set its annual economic growth target at «around 7 percent»
for 2015, but at the weekend Chinese Premier Li Keqiang admitted that with the
global economic
recovery losing steam, hitting such a target was «not easy.»
The
global drop in oil prices, while terrible
for Wall Street upon first blush, has yielded a decrease in gasoline prices that may act as a massive tax cut
for those who have reaped very few benefits from the economic
recovery.
TUESDAY, APRIL 17 MADRID - Federal Reserve Bank of San Francisco President John Williams speaks before the National Association
for Business Economics (NABE)- Bank of Spain International Symposium, «
Global Recovery: The Good, the Bad, and the Ugly - 1315 GMT CHICAGO - Federal Reserve Bank of Chicago President Charles Evans speaks before a Chicago Rotary Club luncheon - 1740 GMT.
MADRID - Federal Reserve Bank of San Francisco President John Williams speaks before the National Association
for Business Economics (NABE)- Bank of Spain International Symposium, «
Global Recovery: The Good, the Bad, and the Ugly - 1315 GMT CHICAGO - Federal Reserve Bank of Chicago President Charles Evans speaks before a Chicago Rotary Club luncheon - 1740 GMT.
The
global drop in oil prices, while terrible
for Wall Street upon first blush, has yielded a commensurate decrease in gasoline prices that may act as a massive tax cut
for the very people who have, so far, reaped very few benefits from the economic
recovery.
He added it's «inconceivable» that the oilsands can be fully exploited under Canada's
global climate commitments and called
for a transparent assessment of the potential benefits of relaxing Alberta's oil
recovery requirements.
Unresolved, these problems will have clear implications
for the Canadian economy, a fact Prime Minister Stephen Harper acknowledged when he described the European debt crisis as «the most immediate and imminent threat to the
global recovery.»
«The wire and cable industry has been navigating an uneven and lengthy
global economic
recovery for several years, far different than a «normal» business cycle» Kenny told Fortune, responding to questions about the company's poor track record.
«With the US labor market
recovery gaining momentum, the hope
for stronger
global growth in 2014 is motivating investors to take on risk,» said Kathy Lien, managing director of FX Strategy at BK Asset Management.
«Industry protagonists are much more cautious about the slope and length of runway
for the industry
recovery going forward, so you've seen a series of combinations which have sought scale,» said William Herbert, head of
global energy research at Simmons & Co International, a unit of Piper Jaffray.
Multilateral cooperation remains vital
for securing the
global recovery.»
China on Wednesday issued a $ 50 billion list of U.S. goods including soybeans and aircraft
for possible tariff hikes in an escalating technology dispute with Washington that companies worry could set back the
global economic
recovery.
The Smoot - Hawley Tariff Act of 1930 was followed by tariff increases by Canada and Europe in tit -
for - tat restrictions that greatly slowed the US and
global recovery from the Great Depression.
Former President Bill Clinton and Americares President and CEO Michael J. Nyenhuis announced «Healing
for Health Workers: Building Mental Health Capacity in Post-Maria Puerto Rico» as a Commitment to Action at the Clinton
Global Initiative Action Network on Post-Disaster
Recovery meeting in Miami today.
Increasing uncertainty about growth prospects
for China and other emerging - market economies, in contrast, is raising questions about the pace of the
global recovery.
As developed and emerging markets «oscillated between repair and
recovery modes,»
global growth has
for years been elusive, says Chetan Ahya, co-head of
global economics at Morgan Stanley.
So with the modest - at - best
global recovery after the still front - of - mind
global financial crisis trauma from 2008 - 2009, markets are understandably preoccupied with the scope
for unpleasant shocks, particularly given that expansion in the developed economies is now approaching a seventh year.
The
global economic
recovery is strengthening and becoming more synchronized, according to updated projections
for 2017 and 2018.
The upturn in
global electronics demand has also aided the
recovery in Asian exports — particularly in South Korea, Malaysia and Taiwan, where electronics account
for 20 — 30 per cent of production and 30 — 50 per cent of exports.
Global Giving is trying to raise $ 2 million
for disaster relief and long - term
recovery.
The weaker overall outlook
for global economic growth could prove the decisive factor in persuading the ECB to further ease monetary policy in a concerted effort to stop the eurozone's
recovery from stalling.
Commodity prices in SDR terms remain on a firm upward trend, buoyed by the
global economic
recovery and the associated pick - up in demand
for raw materials.
After relatively lacklustre growth
for the first three quarters of 2004 (with the notable exception of the Australian market),
global equity markets rose strongly in the December quarter, in part reflecting renewed confidence about the strength of the economic
recovery in the US (Graph 20, Table 5).
However, we see potential
for a
recovery, as my colleagues and I write in our latest
Global Macro Outlook, Climbing the wall of money.
The effort, led by Cal Lankton, Tesla's vice president of
global infrastructure operations, means Rosselló now foresees a relatively rapid
recovery for Puerto Rico's energy crisis.
However, the OECD in its latest report notes that «this is a delicate moment
for the
global economy... and there is some concern that if the downside risks reinforce each other, their cumulative impact could weaken the
recovery significantly ``.
If the tariffs stand, along with China's retaliatory moves, they could damage industries that have relied on a
global supply chain
for their
recovery.
After both earthquake and hurricane destruction in Haiti, Sandals Foundation supported various partners including: Population Services with 205,000 Aqua Tabs;
Global Orphan with clothing; the Salesian Missions with
recovery kits
for 400 families; and All Hands Volunteers with the
recovery of six schools and health clinics.
Global Giving: A charity crowdfunding site that is attempting to raise $ 2 million to be used exclusively
for local relief and
recovery efforts.
The IMF pointed to an improved outlook
for Europe and Japan, based on a cyclical
recovery in
global manufacturing and trade that started in the second half of 2016, and it modestly raised its 2017 growth forecasts
for both to 1.7 % and 1.2 %, respectively.
If the
global recovery were to fall short of current expectations, prospects
for the Australian economy would be adversely affected and
global deflationary forces could gain momentum.
March is expected to see some
recovery, but trade does remain a major source of worry
for the Canadian economyExports have struggled, and with
global trade agreements like NAFTA left up in the air, the future is less than certain.
What if a
recovery in
global economic growth drives demand
for commodities and higher inflation?
The
global recovery has also boosted commodity prices, with the terms of trade increasing to levels not seen
for the past quarter - century.
Conditions in the mining industry also look to be improving as the
global recovery has gathered pace and commodity prices have risen strongly (see chapter on «Balance of Payments»
for more detail).
At the same time, emerging markets, which have been adjusting
for the past four years amid slack commodity prices and weak
global demand, are also in
recovery mode.
The International Monetary Fund's (IMF's) prediction
for global growth of 3.1 % in 2016 remained subdued, and though it still expects a gradual
recovery to follow, the IMF envisages this pickup will be driven almost entirely by emerging economies, as advanced economies grapple with headwinds such as changing demographics and declining productivity.
China's
recovery also coincided with a near perfect set - up
for EM assets: a weaker U.S. dollar, falling bond yields, rising commodity prices and a more synchronized
global expansion.
A full - on globalization backlash could undermine hopes
for shifting away from secular stagnation by derailing the nascent
recovery in investment spending and productivity growth in the U.S.
Global trade tends to boost productivity through fostering of competitive pressures, product specialization, scale economies, global value chains and technology tra
Global trade tends to boost productivity through fostering of competitive pressures, product specialization, scale economies,
global value chains and technology tra
global value chains and technology transfer.
According to Leonardo Maugeri, in his December 2014 paper Falling Short: A Reality Check
for Global LNG Exports, Australian LNG producers, to drive volume, may price on their operating costs to make their delivered prices competitive, rather than include in their price
recovery of their capital costs.
My partial response begins with the need
for theological
recovery of the power of forgiveness to humanize our
global society.
Although sports and energy drinks have been the most high - profile face of developments in this area, there have been launches of food and drinks products with sports /
recovery and energy / alertness claims across the market, featuring on 1.6 % of
global launches in 2013, with soft drinks accounting
for just over 41 % of those.
CST is a member of the
Global Water and Energy Alliance, a group of select companies around the world committed to providing solutions in water and wastewater treatment
for the
recovery of green energy and water.
Countries which focus on purely national strategies will create a «race to the bottom», he warned, as he emphasised the need
for American leadership on crafting the framework of rules to ensure
global recovery from recession.
The Construction Products Association's latest State of Trade Survey, which has been launched today, shows that although a Eurozone crisis appears to have been averted
for the time being, the prospect of an economic slowdown in the major European economies, together with increasing
global energy and raw material prices, remain as the major threats to further
recovery in the UK construction products industry.