We did not anticipate the sharp and prolonged cycle
of decline in commodity prices and have been working hard to understand the market forces at work that will provide for a sound tactical argument to re-balance in this space.
Not exact matches
Malaysia's shares and currency have been hit with a toxic brew
of declines in the
prices of its
commodity exports, especially palm oil and crude oil, as well as what may be the country's worst - ever political scandal, which has spurred protests calling for the removal
of the prime minister from power.
First, has been the significant
decline in terms
of trade during the first half
of the year due to lower
commodity prices.
So far, the
decline in major
commodity prices has been fairly modest, though enough to help rates
of CPI inflation to moderate a little.
Coinciding with this period
of elevated
commodity prices, the share
of the manufacturing sector
in Canadian GDP has
declined since the turn
of the century from 18 per cent to around 11 per cent.
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.
United States Segment Adjusted EBITDA increased 32.9 percent versus the year - ago period to $ 1.5 billion, driven by gains from cost savings initiatives and favorable
pricing net
of commodity costs that were partially offset by volume
declines in ready - to - drink beverages and frozen nutritional meals.
The
decline in Chinese growth will fall disproportionately on investment and, because
of this, it will severely impact the
price of non-food
commodities.
By the early 1980s, enormous external debts, soaring interest rates, and the beginning
of a long - term
decline in commodity prices set off what was subsequently known as the LDC Debt Crisis.
First, the
decline in oil and other
commodity prices since mid-2014 has dramatically altered the paths
of business investment
in Canada and the United States.
Concomitant with that
decline, companies with almost any sort
of commodity exposure also suffered substantial share
price erosion
in the period, and we took advantage
of the resulting attractive valuations to establish new positions.
While a
decline in near - term
commodity prices reduced our estimate
of value due to lost interim cash flows, the stock's
decline has significantly exceeded what we think is the true change
in the company's underlying business value.
While the decision to leave the EU has caused notable market upheaval, global market
declines were actually more extreme
in the first few months
of 2016 due to significant
commodity price weakness, concerns regarding slowed economic growth
in the U.S. and China, and monetary decisions by major central banks.
The
decline in earnings over the past year owes largely to a fall
in Australian dollar
prices, as the appreciation
of the Australian dollar has more than offset rising world
commodity prices evident since mid last year (see section on
commodity prices and the terms
of trade below).
For the year, the TSX has lost just over 11 per cent
of its value, primarily as a result
of a
decline in key
commodities prices.
An appreciation
of the exchange rate means that: the increase
in the domestic currency
price of commodity exports will be less than the increase
in world
commodity prices; the income
of the other tradable sector will fall; and real income gains flow to the broader economy via the associated
decline in the
price of imports.
What's more, the PMO's own statement then ran through a full litany
of all the bad things that lie ahead:
decline in global stock markets,
decline in commodity prices, slowing growth
in China and emerging markets, and potential impacts on Canada's economy. Instead
of boasting about Canada's successes under Conservative leadership, the PMO went to great lengths to show how bad things could get.
Mining companies around the world have reduced capital expenditures budgets
in the wake
of commodity price declines.
Inflation has been high, spurred by the
declines earlier increases
in the
prices of energy and some other
commodities and the weaker prospects for economic activity, the.
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.
The combined effects
of falling
commodity prices, weak global demand for exports and soft internal demand have led to year - over-year (YOY)
declines in the gross domestic products (GDPs)
of the largest Asian economies.
Says Australian dollar above most estimates
of its fundamental value, particularly given
declines in some key
commodity prices.
Since iron ore has been about 90 %
of the companies profits over the last decade, the
decline in commodity prices over the last year have significantly hurt the companies earnings.
First, corporate profits are booming because
of declining commodity prices and a weak jobs market that has driven down the cost
of labour (the share
of U.S. GDP going to labour income is at its lowest level
in 50 years).
Inflation appears to have moderated since earlier
in the year as
prices of energy and some
commodities have
declined from their peaks.
Inflation has been high, spurred by the
declines earlier increases
in the
prices of energy and some other
commodities and the weaker prospects for economic activity, the.
First, corporate profits benefited
in the past seven years because
of declining commodity prices and a weak jobs market that drove down the cost
of labor.
In light of the declines in the prices of energy and other commodities and the weaker prospects for economic activity, the Committee expects inflation to moderate further in coming quarters to levels consistent with price stabilit
In light
of the
declines in the prices of energy and other commodities and the weaker prospects for economic activity, the Committee expects inflation to moderate further in coming quarters to levels consistent with price stabilit
in the
prices of energy and other
commodities and the weaker prospects for economic activity, the Committee expects inflation to moderate further
in coming quarters to levels consistent with price stabilit
in coming quarters to levels consistent with
price stability.
Selling short: Sale
of a security or
commodity futures contract that is not owned by the seller; a technique used (1) to take advantage
of an anticipated
decline in the
price or (2) to protect a profit
in a long position.
When Ehrlich predicted the imminent exhaustion
of many nonrenewable natural resources, Simon challenged him: Pick a «basket»
of any five such
commodities, and I will wager that
in a decade the
price of the basket will
decline, indicating decreased scarcity.
An article by Michael Howe, included
in the May - June 2016 edition
of Commercial Dispute Resolution, that explores the impact
of the global oil and
commodity price declines for commercial disputes.
The financial crisis and
decline in commodities pricing have also been key
in the growth
of large international commercial disputes.
According to the World Bank, the main challenges ahead that may have an impact on Peru's economic growth include the
decline in commodity prices and a possible period
of financial volatility associated with the expectation
of higher interest rates
in the US.
Net lease retail properties, which had been a hot
commodity in recent years, are facing a reality check
in terms
of declining demand and rising
prices.