Sentences with phrase «of weaker currencies»

Studies have shown that those runs led to a decrease in manufacturing jobs, which in turn led to a suspicion that other economies were taking American jobs off of the back of weaker currencies.
LONDON, April 24 - Less than two weeks after the latest round of U.S. sanctions plunged Russia's rouble to 16 - month lows, some global funds have already stepped back in to buy rouble - denominated sovereign bonds and take advantage of the weaker currency.
However, the negative implications of a weaker currency are unlikely to remain over the medium to longer term, according to economists.
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.
These and other service providers have had the advantage of a weak currency for years now and they aren't doing much with it.
The study identified 15 categories that should «lead the recovery» with the help of a weaker currency, stronger U.S. demand, or both.
Litecoin is one of the weakest currencies, and Monero is also well below the weekend lows, getting closer to the crash levels of Friday.
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.
With the UK economy gradually picking up pace and inflation rising on the back of a weaker currency, the UK's central bank may finally go ahead with a rate hike for the first time in a decade, although it is widely expected to leave the monthly government and corporate - bond purchases untouched at # 435 and # 10 billion respectively.
We think the risks of recession in Canada are higher at approximately 20 %, given the impact of lower energy prices and the lagged effect of a weaker currency.
While the country has a strong mining and construction economy, the realities of its weak currency are hard to overcome.

Not exact matches

The currency's weakest level of the session was C $ 1.2857, while it touched its strongest since April 23 at C $ 1.2803.
Here are three off the top of my head: Record levels of household debt threaten future spending, too many of our companies need a weaker currency to be competitive, and international energy companies are giving up on Canada as a place to invest.
LONDON, May 2 - Gold steadied on Wednesday near 4 - month lows as the dollar's uptrend paused, but prices of the precious metal are expected to remain under pressure from a significantly stronger U.S. currency and weak investment demand.
Still, the Bank of Canada isn't taking any chances — it favours a weaker currency.
Fabricated metals is another of the industries that the Bank of Canada thought would lead the export recovery as shipments traditionally got a boost for a weak currency.
Too many investors saw something else: a return to the bad old days of aggressive currency manipulation, evidence that the Chinese economy was much weaker than thought, or both.
As long as countries maintain weak - currency policies, the risk of other countries resorting to competitive devaluations will remain.
Abe's push for more aggressive action has weighed on the yen and bolstered the stock market as investors anticipate a weaker currency will bolster earnings of the country's exporters.
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 week.
But the mechanics of the euro guarantee escalating tension: The single currency makes the exports of weaker countries artificially expensive (and those of Germany excessively cheap), putting their economies at a crippling disadvantage.
A weaker currency allowed Japan's Softbank to purchase the darling of Britain's technology industry at a steep discount.
Currency is having a benefit because of the weaker U.S. dollar, says Bastian.
No slight against Tanzania, but Canada's dollar didn't belong on a list of the world's weakest currencies this spring.
The flip side of a weaker Canadian currency is that goods in Canada would cost more.
The four conglomerates originated in different sectors, but their underlying business model is the same: cultivate powerful allies in the Communist Party; use those relationships to win regulatory and property concessions; gather investment from friends, family and other proxies of party elites into a murky, unregulated private holding company; borrow heavily from state - owed banks and other sources to finance prodigious growth plans; invest as aggressively as possible in stock and property overseas as a hedge against slower growth in China and the risk of a weaker Chinese currency.
A weaker currency and cheaper energy have done little to lift growth, sparking talk of a mild recession.
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.
Capital outflows lead to a weaker currency, which concerns the hordes of Chinese companies that borrowed debt in foreign currencies over the past few years and now have to pay it back with a weaker yuan.
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.
One of the key drivers has been the dollar, which has lost 3.2 % against a basket of major currencies so far this year, a decline that was exacerbated last week when U.S. Treasury Secretary Steven Mnuchin suggested President Donald Trump's administration favored a weaker currency.
The stimulus from a weaker currency is over; if companies didn't respond to a 20 % drop over two years, they likely aren't going to respond to a decline of a few more percentage points.
The Business Outlook Survey says executives are feeling better because of stronger demand for exports and a weaker currency that is boosting their profit margins.
«But let's face it, at the end of the day, with weak economic growth they all want their currencies to weaken and not all of them can do that.»
The European Central Bank (ECB) President Mario Draghi's concerns over the impact of a strong euro on a weak euro zone economy raise the prospect of monetary easing to dent the currency's appeal, an analyst told CNBC.
While a weaker currency certainly benefits Chinese exporters, it is unlikely that the central planners would want a weaker currency at the expense of their own stock market.
These events corresponded with a period of U.S. currency devaluation following the 2008 Financial Collapse and an extraordinarily weak U.S. dollar (Figures 13 and 15).
«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.
This is below our long - term goal of mid-teens EPS growth as a result of the significant negative impact of weaker international currencies on both gross margin and translated foreign earnings, as well as a higher effective tax rate.
«Not a tradable price,» said Stephen Innes, a senior currency trader at Oanda in Singapore, said of the conspicuously weak renminbi rate.
While China is usually singled out for its policies, other countries have behaved more irresponsibly, most notably rich Germany, whose surpluses, the largest in history, were built primarily on an undervalued currency, after the creation of the euro, and on weak wage growth, after the 2003 — 05 labor reforms.
A weaker U.S. dollar, relative to other global currencies, deserves a lot of the credit as well.
One of the consequences of a weaker rand has been stronger gold priced in the local currency and higher South African gold mining stocks, as measured by the FTSE / JSE Africa Gold Mining Index.
This is based on a simple economic model that states not all production (financial services in this case) will relocate to the large economy (the EU) as the small economy (UK) is able make up for its lack of competitiveness by having 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).
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.
If these inflows however are counterbalanced by rising private inflows from Chinese businesses and wealthy individuals taking money out of China, either because of weaker domestic growth prospects of because of rising nervousness and uncertainty, asset prices might not fall as much as we would have expected, but Australia will be caught in a vice a little like that of, for example, Spain, in which export weakness can not be partially counterbalanced by a weaker currency.
Invested assets, an important indicator of the size of client funds managed by the bank, dropped for the first time since June as currency swings from a weaker dollar left their mark.
Emerging market currencies have been hit by a sell - off in the first week of trading this year after weak economic data in China rekindled worries over global growth and halted trading on Chinese equity markets on two days.
A closer look at the decomposition of nominal non-energy exports shows that the sectors that have performed reasonably well are driven by a weaker currency while those tied more to the level of foreign demand have struggled to gain traction.
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