In one year, the value
of all currencies increased a staggering 1,466 % — and newer coins like Ethereum have even joined Bitcoin in gaining some mainstream acceptance.
Not exact matches
The final thing to say is that those «officials» should pay closer attention to what the Bank
of Canada actually says, and less to the over-interpretation
of those words by the
currency traders who have driven the Canadian dollar to 80 U.S. cents in recent days, a 10 - percent
increase since May.
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced
increases in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the effect
of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign
currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact
of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition
of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect
of changes in tax law, such as the effect
of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect
of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates
increase substantially; 27) the effectiveness
of any interest rate hedging programs; 28) the effectiveness
of our internal control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks
of doing business internationally, including fluctuations in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
According to Thomas, exchanges dislike forks because it undercuts the network effects that
increase the value
of digital
currencies like bitcoin.
As well as their impact on the
currency markets, rising interest rates weigh on gold in their own right, as they
increase the opportunity cost
of holding non-yielding bullion.
This estimate is based largely on the assumption that bitcoin can
increase its share
of the «alternative
currency» market, which is mostly gold, from 0.7 % to 5 %.
The so - called smart money is focused on
currencies over bonds in anticipation
of the Fed's long - awaited interest rate
increase.
Net profit rose 17 percent to 542 million euros ($ 650 million), ahead analysts average forecast
of 510 million euros as higher prices helped offset
currency headwinds and an
increase in marketing spending.
Adidas confirmed Thursday its outlook for the year — an
increase in sales
of around 10 percent on a
currency - neutral basis, driven by growth in North America and Asia - Pacific.
According to the Wall Street Journal citing people with knowledge
of the matter, the banking giant is reportedly considering a new trading operation involving cryptocurrency thanks to
increased interest in digital
currencies.
Pozible says the move is a result
of both the rapid
increase in popularity
of the digital
currency and the low cost associated with the transaction.
To keep the
currency weightings
of their reserves steady, their demand for dollars naturally
increases the more the greenback weakens.
And while the industry is seeing some dividend
increases, cash is increasingly the
currency of choice for acquisitions, as equity multiples have been crushed by global macroeconomic trends.
Excluding the impact
of fuel and
currency fluctuations, total comp sales rose 5.7 percent, while analysts at research firm Consensus Metrix expected an
increase of 5.1 percent.
Late last year, the FBI's Phoenix office warned
of an
increase in people reporting email threats, demanding that they pay a sum in virtual
currency or prepaid cards — or else.
«The
currency war is intensifying: the number
of participants is rising, fresh policy tools are being used to fight, and the scale
of influence on the wider foreign exchange market is
increasing,» wrote HSBC strategists, led by David Bloom, in a research note on Tuesday which ranks global
currencies» appetites for war.
Remember,
currencies with less float will move more on a given
increase in demand, so a little bit
of euro selling against these other
currencies could go a long way.
The company said Wednesday that its first - quarter numbers include a $ 22 million hit due to foreign
currency headwinds while the cost
of its revenues
increased by 46 % year - over-year, to $ 679 million.
The Bank
of Canada is not among the nervous nellies fretting about the 8 %
increase in the value
of the Canadian dollar against the U.S.
currency since late January.
For retailers, cross-border transactions can mean back - office administrative headaches, regulatory and compliance woes, steep processing fees,
currency conversion overhead, and a markedly
increased risk
of consumer fraud.
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations
of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost
of capital; (3) competitive conditions and customer preferences; (4) foreign
currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance
of new product offerings; (6) the availability and cost
of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages,
increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact
of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation
of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
The Company reported first quarter net sales
of $ 2.018 billion, an
increase of 2.3 % over the prior year period, and a decrease
of 1.5 % on a constant
currency basis.
Organic local -
currency sales
increased 6.9 percent, foreign
currency translation
increased sales by 4.9 percent, and acquisitions, net
of divestitures,
increased sales by 3.2 percent.
Organic local -
currency sales
increased 2.8 percent while acquisitions, net
of divestitures,
increased sales by 0.7 percent.
«New power,» which emerged out
of our
increased connectivity, new tools and technology, is more like a current, while «old power» is more like a
currency, Heimans and Timms explain: «The goal with new power is not to hoard it but to channel it.»
Despite a decline in fiat
currency reserves, China's holdings
of gold have
increased to $ 60.19 billion in December as compared to $ 59.52 billion in November.
These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures in European countries that may
increase the amount
of discount required on Gilead's products; an
increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability
of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations in Gilead's earnings; market share and price erosion caused by the introduction
of generic versions
of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect
of lowering prices or reducing the number
of insured patients; the possibility
of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels
of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits
of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages
of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development
of Gilead's product candidates, including GS - 9620 and Yescarta in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock price, corporate or other market conditions; fluctuations in the foreign exchange rate
of the U.S. dollar that may cause an unfavorable foreign
currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).
A lower dollar also softens the blow
of the commodity crash by
increasing the value
of sales priced is the U.S.
currency.
These risks include, in no particular order, the following: the trends toward more high - definition, on - demand and anytime, anywhere video will not continue to develop at its current pace or will expire; the possibility that our products will not generate sales that are commensurate with our expectations or that our cost
of revenue or operating expenses may exceed our expectations; the mix
of products and services sold in various geographies and the effect it has on gross margins; delays or decreases in capital spending in the cable, satellite, telco, broadcast and media industries; customer concentration and consolidation; the impact
of general economic conditions on our sales and operations; our ability to develop new and enhanced products in a timely manner and market acceptance
of our new or existing products; losses
of one or more key customers; risks associated with our international operations; exchange rate fluctuations
of the
currencies in which we conduct business; risks associated with our CableOS ™ and VOS ™ product solutions; dependence on market acceptance
of various types
of broadband services, on the adoption
of new broadband technologies and on broadband industry trends; inventory management; the lack
of timely availability
of parts or raw materials necessary to produce our products; the impact
of increases in the prices
of raw materials and oil; the effect
of competition, on both revenue and gross margins; difficulties associated with rapid technological changes in our markets; risks associated with unpredictable sales cycles; our dependence on contract manufacturers and sole or limited source suppliers; and the effect on our business
of natural disasters.
To further
increase the possibility that all borrowers have a fair opportunity to request a foreclosure review, the Comptroller
of the
Currency and the Chairman
of the Board
of Governors
of the Federal Reserve System should require that servicers include a range
of potential remediation amounts or categories in communication materials and other outreach, such as direct mailings to borrowers, public service announcements, the independent foreclosure review website, regulators» websites, and officials» testimonies and speeches.
Forks enable innovation and improvements to digital
currency and we believe that we will see an
increasing number
of forks in...
To further
increase the possibility that all borrowers have a fair opportunity to request a foreclosure review, the Comptroller
of the
Currency and the Chairman
of the Board
of Governors
of the Federal Reserve System should enhance the readability
of the request - for - review form on the independent foreclosure review website so that it is more understandable for borrowers, such as by including a plain language guide to the questions.
Uncertainty about the U.S. presidential race in the near term may produce periods
of volatility for the U.S. dollar, yet RBC maintains that the U.S.
currency will post modest gains against the Euro, Canadian dollar and sterling as markets look for a U.S. Federal Reserve policy rate
increase in the first half
of 2017.
Many EM funds also carry
currency risk — that is, the value
of their holdings vary not just by
increasing or decreasing security prices, but by the value
of their
currencies relative to the dollar.
Coinbase's funding, Bill Gates push for banking access, and a new Bitcoin exchange are just the latest developments in a trend
of increased acceptance
of and interest in Bitcoin and digital
currencies from major players.
A bill in the Senate
of the Philippines would
increase the penalty for crimes that involve virtual
currency.
The IBM and Kaspersky reports on the
increase in cryptocurrency mining malware detections come after a string
of incidents during the past few months that involved virtual
currency miners.
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.»
Bitcoin: I no longer think it can be defined as a digital
currency, but instead as a digital asset we can use to
increase the value
of our money.
CoinDesk provides an overview
of the US politicians who are
increasing awareness
of digital
currency.
It's a safe and global digital
currency, which has been
increasing all through 2017, and I don't have to tell you how good it is to move in favor
of the market.
I agree that the regulation will have a positive overall effect on virtual
currency markets, giving
currencies like Bitcoin an
increased air
of legitimacy and likely boosting its market.
The regulatory chiefs questioned how their respective agencies would fund
increased scrutiny
of the rapidly growing virtual
currency market, with Clayton saying he needed more people to staff the trading and markets division.
While most
of the foregoing bills are at an early stage, and do not comprehensively regulate virtual
currency or blockchain technology, it is encouraging that legislators on both sides
of the aisle are
increasing their focus on issues relating to this technology.
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.
You make the classic argument that the benefits
of a booming tradable sector such as oil and gas must, ipso facto, outweigh the decline in other sectors — otherwise they wouldn't be generating enough demand to result in an
increase in the country's
currency.
Beijing is trying to boost domestic liquidity in the hopes that this will generate stronger domestic demand, but expanding liquidity fuels capital outflows, and these put downward pressure on the
currency, while
increasing PBoC concerns about the monetary impact
of money leaving the economy which, as an article in last week's FT argues, might be worse than we think.
Indeed, the stock
of local
currency government debt securities outstanding for a representative sample
of Asian markets has
increased five-fold over the past 15 years (it's hard to go back much further).
[9] Nonetheless, for emerging Asian economies there has tended to be a positive association between
increased foreign holdings
of local
currency government debt and growth in onshore FX derivatives turnover.
Yeah, but the opposite argument that I hear people making is that if they allow their
currency to rise and their purchasing power
increases, then they won't need all that investment in the US because they can rely on their own citizens to take the role
of consumers.