Not exact matches
S&P said
in March a rupiah exchange rate
of 15,000 a
dollar is «the psychological level» at which companies with
weak balance - sheets could struggle with repayments and those with good cashflow might start to proactively restructure their debt.
In currency markets, the euro held at two - year highs following remarks by ECB President Mario Draghi last week, while the dollar remained weak ahead of the U.S. Federal Reserve's policy meeting later in the wee
In currency markets, the euro held at two - year highs following remarks by ECB President Mario Draghi last week, while the
dollar remained
weak ahead
of the U.S. Federal Reserve's policy meeting later
in the wee
in the week.
Hannah Anderson
of J.P. Morgan Asset Management says the near - term focus is on oil prices ahead
of an important meeting
in June on OPEC - led oil curbs, but the
weak dollar is the longer - term variable for markets.
BAML also highlights a
weak US
dollar as boosting the profitability
of multinational corporations, many
of which have large weightings
in major equity indexes.
«The disappointing performance
in export activity suggests that the loss
of export competitiveness from the strong
dollar and the
weak global backdrop are becoming a net drag on U.S. economic activity,» said Millan Mulraine, deputy chief economist at TD Securities
in New York.
NEW YORK, Jan 2 - The S&P 500 and the Nasdaq Composite notched record closing highs on Tuesday, the first trading day
of 2018, while European equities finished lower and the U.S.
dollar fell to its
weakest level
in over three months against key currencies.
NEW YORK, Jan 2 - European stocks closed lower on Tuesday, the first trading day
of 2018, while Wall Street advanced and the U.S.
dollar fell to its
weakest in over three months against key currencies.
The price
of oil collapsed from near $ 120 a barrel
in June 2014 due to
weak demand, a strong
dollar and booming U.S. shale production.
COPENHAGEN, Feb 1 - Novo Nordisk operating profit fell short
of expectations
in the fourth quarter as it felt the effects
of price pressure
in the United States and it warned that a
weak dollar would hit earnings this year more than expected.
«It's the
weaker dollar, it's the inflation focus and it's also to some extent the market is continuing to look for a hedge against a world that's becoming incredibly complacent with stocks at record highs,» said Ole Hansen, head
of commodity strategy at Saxo Bank
in Copenhagen.
Better China data and a
weaker dollar has a slight bid under Industrial metals as well as Ore - but weakness persists
in Oil - Brent is off 2.2 % and WTI 1.6 % as Saudi signals they r fine with South
of $ 90 - even as low as $ 80.
«The US
dollar has been exceptionally and unexpectedly
weak this year,» a group
of Morgan Stanley strategists led by Michael J. Wilson wrote
in a client note.
Suki Cooper
of Standard Chartered says gold prices could see gains after the Fed's meeting
in June as the U.S.
dollar is expected to trend
weaker in the second half
of the year.
-- it will face continued margin pressures «due to higher labor content
in certain areas
of manufacturing where we have temporarily dialed back automation, as well as higher material costs from recently imposed tariffs, commodity price increases and a
weaker US
dollar.»
WASHINGTON (Reuters)- New orders for U.S. factory goods recorded their biggest increase
in eight months
in March, boosted by demand for transportation equipment, but the underlying trend remained
weak against the backdrop
of a strong
dollar.
«What sparked the rally is a perception
of a shift
in Canadian government policy toward the
dollar,» said Michael Malpede, a currency analyst
in Chicago with Refco Inc., adding that Mr. Dodge's comments put an end to the widely held perception
in the market that Canada supported a
weak currency to help its exporters.
NEW YORK (Reuters)- Oil jumped as much as 3 percent on Tuesday as a
weak dollar propped up commodities, but crude prices came off their highs
in post-settlement trading on signs
of another big U.S. supply build last week.
This is because higher inflows will cause adjustments
in the economy — potentially including lower credit card rates, a stronger
dollar,
weaker lending standards, higher unemployment and surging asset markets» - Could you please provide us the explanation
of a rising unemployment
in the US
in the case
of a stronger US$?
«With interest rates low, commodity inflation nil and the
dollar weaker than I thought, I had no choice but to put something to work,» he wrote
in one
of his Real Money columns Friday.
The recent increase
in oil prices
in 2015 corresponds to weakening
of the
dollar that may reflect disappointingly
weak first quarter 2015 U.S. GDP growth.
At the same time, the Fed may raise rates if inflation picks up, and there's a host
of reasons that could occur: acceleration
in wages, a
weaker dollar, rising commodity prices, growing risks
of protectionism, overseas cash repatriation.
The weakness
in the U.S.
dollar is essentially a reflection
of very
weak demand conditions
in the U.S., both for goods, and for U.S. security investments by foreigners.
If we look at the index's constituents, we find that six metals — aluminum, copper, zinc, gold, silver and nickel — have been the top drivers
of performance this year, thanks to a
weaker dollar, China's commitment to rein
in oversupply and heightened demand.
As shown
in the chart below, signs
of economic stabilization
in China combined with recovering commodity prices and a
weaker U.S.
dollar created short - term tailwinds for EM assets.
The Euro is trading at its lowest versus the
Dollar since January and is
weak against its major counterparts after first quarter data showed a significant slowdown
in the economy from the final three months
of 2017.
Currency strategists gave
weaker exchange rate forecasts for major emerging countries such as China, Brazil, South Africa and Turkey
in the monthly survey, pointing to a sixth straight year
of dollar gains against most high - yielding currencies.
Nevertheless I do worry that the fall
in exports from a strong
dollar is a bit stronger than the rise
in exports from a
weak dollar: I suspect because there is a hysteresis effect: Once a factory is shut down, it stays shut down — and if firms don't continuously invest to stay at the cutting edge
of technology, it can be hard for a high - wage advanced economy to stay globally competitive.
Even after a drop
in commodities this month, seven
of eight tracked by the Standard & Poor's GSCI Agriculture Index are higher than a year earlier as adverse weather damages crops, rising demand erodes inventories and a
weak dollar boosts demand for U.S. exports.
In the Conference Board's Index
of Business Confidence survey, business leaders cited
weak market demand, government policies, a shortage
of qualified staff, and the depreciation
of the Canadian
dollar (which increases the cost
of imported technology and machinery) as reasons for not investing.
2015.10.28 Exporting represents golden growth opportunity for small - and medium - sized businesses
in Canada: RBC Economics A
weaker Canadian
dollar, lower energy prices and stronger growth
in key export markets are creating opportunities for small businesses to reap the benefits
of exporting...
The main drivers
of the first - half performance were solid growth
in the combined New Zealand properties, offset by reduced turnover
in the international business, continued competitive and economic pressures
in Darwin and a
weaker Australian
dollar, the company said.
A Fed on hold and
weaker dollar are good news for the asset class (see the chart below), and there are signs
of progress on structural reforms
in certain EM countries.
The post-2008
dollar debt binge also taught emerging markets corporate finance managers a stern lesson
in the risks
of currency mismatches, especially when borrowing
in a currency that seems
weak.
With crude - oil exports rising year - over-year, the value
of the exports did not rise proportionally, with Canada's crude - oil export bill declining about 11 percent to $ 50 billion
in 2016 compared to $ 55.8 billion the previous year, as lower crude prices and a
weaker dollar cramped the export value
of crude.
I also think more foreign companies will consider investing
in the United States, as the combination
of lower tax rates and the
weak dollar makes the US a more attractive place to invest.
«Coinbase looks like a bank, stores millions
of dollars like a bank, but you don't realize how
weak its default protections are until you are robbed
of thousands
of dollars in minutes,» said Cody Brown, a virtual reality developer who was hacked
in May.
-- 4 reasons why «gold has entered a new bull market» — Schroders — Market complacency is key to gold bull market say Schroders — Investors are currently pricing
in the most benign risk environment
in history as seen
in the VIX — History shows gold has the potential to perform very well
in periods
of stock market weakness (see chart)-- You should buy insurance when insurers don't believe that the «risk event» will happen — Very high Chinese gold demand, negative global interest rates and a
weak dollar should push gold higher
More on the U.S.
dollar's stock market impact will be
in another post soon, but
in the meantime note large - caps do worst
of the sizes with both GDP growth and a
weaker dollar.
Despite a strong
dollar and
weak exports, manufacturing activity will benefit from improved domestic demand, and further gains
in construction activity will aid the recovery
of states such as California and Arizona.
Underlining the lack
of evidence for a rate rise, communicating that any change
in policy would not come as a surprise or ahead
of schedule, and forecasting
weaker US growth thanks
in part to the strong
dollar had its desired effect: but not for long.
You may inflate your way out
of your debt problem but you're not going to grow your way out
of the debt problem, so let's get behind that and if the
dollar got too strong then the impotence from the white house would be to have more tariffs because they are hell bent on shrinking this trade deficit so when Kudlow discusses that, he ought to be very careful about where he is going because this white house, Peter Navarro and Wilbert Ross will push for a
weaker dollar because a
weaker dollar is Mnuchin and Wilbert Ross both said
in Davos, is sending soldiers to the ramparts
in the trade war that exists every day.
Summers, who is considered the academic architect
of the strong
dollar -
weak gold policy implemented by the Clinton administration, has achieved notoriety because
of the tough way
in which the IMF has tried to discipline countries implementing lax fiscal policies.
They printed a massive amount
of Swiss Franc which they've converted to other currencies which they bought equities and they've done so well so the paper profit 55 billion last year equal to eight percent
of their GDPall through the creation
of money
in order to keep the Swiss Franc
weak, which they've managed to weaken against the Euro last year also by about 10 percent even though the Swiss itself held against the
dollar was a little bit stronger..
After falling quite sharply
in May — owing largely to
weaker - than - expected US economic data and comments by US administration officials which were perceived by the market as a softening
of the «strong
dollar» stance
of the US — the US
dollar stabilised
in early June before appreciating towards the end
of the period.
Strauss - Kahn and Summers are now arguing for fiscal stimulus
in what can be seen as a criticism
of the Greenspan - Bernanke policy
of weak dollar / strong gold that has placed the world economy at the brink
of a possible downturn.
We saw
in 2008 how
weak links
in the mega banking chain spilled out across Wall Street because
of the invisible linkages to other banks and financial firms unknown to the public — like the fact that the big insurer, AIG, was the backer for tens
of billions
of dollars of credit default swaps while having no money to pay off the bets it had accepted from the biggest Wall Street firms.
Last week, Sechin was quoted as saying that the recent rise
in oil prices was due to a
weak dollar, instead
of efforts by OPEC to combat the global crude supply glut.
Over time, the stock market has reached new records, powered by economic and earnings growth.2 We expect both to continue: The domestic economy is picking up a little speed, helped by improving growth
in the rest
of the world, and company earnings have benefited from better sales, the
weaker dollar and still - low interest rates.
The combined effects
of the appreciation
of the
dollar and
weaker external demand have already seen a sharp increase
in the trade deficit, with both a rapid rise
in imports and a fall
in exports.
The answer can be found
in a
weak U.S.
dollar (the
dollar index has wallowed around the 90 mark for much
of 2018, after a stunning free fall
in 2017), an immense fiscal expansion
in the last decade pushing the economy toward overheating, a tight labor market, and recent (albeit modest) price pressure
in the wake
of trade war possibilities and tariff talk, Slok said.