In today's environment
of weak global demand, there has been little appetite among any major economies for the excess production and savings of these major surplus nations, but the absence of capital controls has made the United States the default adjustment for global capital imbalances.
Not exact matches
In the days to come the Fed will have to prove that a new set
of tools for managing interest rates will work as expected; see how higher U.S. rates affect domestic and
global financial conditions; and hope that
weak world
demand and commodity prices do not lead to an overall bout
of deflation and force the Fed to reverse course.
Through all
of this silly labeling, Poloz simply has counseled patience, saying the combination
of a
weaker currency, low borrowing costs and sounder
global demand would stir Canada's economy back to life.
Poloz said they can explain about half the miss through the combination
of weaker U.S.
demand and the general slowing
of global trade since the financial crisis.
Riding a string
of disappointing quarters amid
weak global demand, Potash Corp. needs to increase its sales in growth markets, particularly India and China.
He warned that the
global economy, despite or because
of years
of QE, ZIRP, and NIRP, is dogged by a «
weak global outlook» and «sluggishness
of global demand»:
The export bounce is, at face value, a sign that China's modest economic revival is intact and suggestive
of global demand being on the mend, but imports were surprisingly
weak, falling 15.2 percent from a year earlier to 13 - month lows and highlighting vulnerability lurking in the domestic economy.
Recent data suggests
weak global demand for Chinese - made goods, declining levels
of factory activity and a slip in the amount
of freight being carried by the China's rail network.
«In the presence
of uncertainty and the absence
of accelerating inflationary pressures, it would be unwise for policy to foreclose on the possibility
of making further gains in the labor market,» she said, adding that «disinflation pressure and
weak demand from abroad will likely weigh on the U.S. outlook for some time, and fragility in
global markets could again pose risks here at home.»
Last week I had drinks with one
of my former Peking University students and we discussed some
of the ways the
global economy might react to a world adjusting from a
global crisis with
weak demand and excess liquidity.
Because China begins the process with the highest investment level in history, the extent
of the transformation must exceed that
of any other case, and it must occur at a time when
weak Chinese
demand is compounded by
weak global demand, thereby reducing productive investment opportunities for the private sector.
Although manufacturing overcapacity is certainly a problem, much
of it is in areas in which
global demand has simply collapsed, and isn't coming back, and so a cheaper currency would have little impact beyond temporarily reducing excess inventory, which is not enough
of a benefit to justify the many costs
of a
weaker currency.
Historically whenever
global demand is
weak, and unemployment high, countries will try to gain a larger share
of that
demand by reducing wages or otherwise taxing households to subsidize production (devaluing the currency is just a way to tax the consumption
of imports and to subsidize exporters).
In terms
of specific food items, total seafood prices for fiscal 2013 are expected to be lower than fiscal 2012 because
of additional supply, particularly shrimp and crab, and
weaker global demand, in particular for lobster.
-- 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
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.
Global dairy prices have fallen around 60 per cent since early 2014, mainly because
of weaker demand from China after it stockpiled milk powder, and most analysts expect milk prices to stay low for some time.
In its Australian 2018 Beef Cattle Seasonal Outlook, agribusiness banking specialist Rabobank said a combination
of increased supply, reduced producer
demand and
weaker global prices will see domestic cattle prices ease from the highs
of 2017 to stabilise at just above five - year averages.
But a raft
of mine expansions during the boom years and
weak demand caused by the
global economic slowdown pushed prices to a 3 - year low near $ 80 a metric ton in October 2012, and they have stayed below $ 100 since.
Crude Oil prices have been rising, amid the relaxation
of exports in the US, and
weak global demand.
The industry's plan B, to export production to assumed perennial growth markets in Asia, has also floundered amid a
global market awash with supply from other countries and
weak demand; Chinese coal consumption fell nearly 3 % in 2014 while India, the world's third largest buyer, says it may stop imports
of thermal coal in the next three years With domestic markets collapsing and no lifeline from abroad, 264 [1] US mines were closed between 2011 and 2013.
Retail gasoline prices fell after crude oil prices dropped for the fourth straight week — a product
of weaker - than - expected
global demand and increasing production, which EIA says will save American households $ 550 next year, Bloomberg News reports.
From the article:... U.S. crude oil fell on Friday, on track for its fourth daily decline on continued concerns about ample supply at a time
of weak global economic data and fragile
demand.
The supplier
of the camera module, LG Innotek apparently suffered an operating loss
of $ 30.98 million in the second quarter
of 2016 due to a
weak demand for components resulting from a
global slowdown
of smartphones sales.
Samsung Electronics (KRX: 005935) turned in a lackluster quarter as competiton from mid - and low - end smarphone manfacturers hurt sales
of the Galaxy s5, and tablet sales suffered from
weaker global demand.