Sentences with phrase «price rout»
The phrase "price rout" refers to a situation where the prices of a particular commodity or asset drop drastically in a short period of time. It means that the prices are falling rapidly and causing a significant decrease in value. Full definition
Whereas many companies might have been able to extend their credit lines back in October, the extended oil price rout has added pressure onto firms who were already struggling.
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Fundstrat's Tom Lee raised his price target on the digital currency the day of a massive price rout.
Strongest emerge fitter from price rout, but stragglers punished Output, hedging and revenues all...
What is noteworthy about this chart is that rental vacancy rates have skyrocketed in those regions where the oil price rout has hit the hardest — Alberta, Saskatoon and Atlantic Canada.
The only major Wall Street strategist to formally cover bitcoin raised his price target on the digital currency the day of a massive price rout.
Coinbase, one of the biggest bitcoin marketplaces in the U.S., said Friday that trading was up again after being down for more than two hours amid a price rout in cryptocurrencies.
A few big oil and gas deals have come out of the price rout — Royal Dutch Shell's acquisition of BG, worth $ 70 billion, is the largest by far — but more will likely take place in the near term.
Prior to the price rout, OPEC et al's 1.8 million b / d cuts from last November were enjoying high levels of compliance.
With the country's resource industry in retreat amid the oil - price rout, real estate and financial services now account for about 20 per cent of the economy, levels not seen in the data since the early 1960s.
The oil price rout has already tested these conditions in Alberta and Newfoundland where credit card delinquency rates are already rising.
«The oil price rout has punished companies which failed to look ahead and hedge production.