Blanch
said weak global growth and the strong dollar are dual headwinds for commodities.
Not exact matches
Dan Nixon, a senior analyst at the Bank of England,
says persistently
weak growth in productivity over the past decade has coincided with a ten-fold rise in
global shipments in smartphones:
Despite a
weak trading environment, CEO Lloyd Blankfein
says Goldman Sachs is otherwise in a solid position, thanks to
global growth.
That was the
weakest sales
growth since 2006, «raising doubts about the stability of consumption amidst the construction and industrial slowdown,»
said Brian Jackson of IHS
Global Insight in a report.
The International Monetary Fund
said Thursday it has trimmed down its expected
global growth for 2015 to 3.3 percent, citing
weaker - than - expected economic activity in North America during the first quarter.
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.
«Several positive underlying fundamentals, particularly a stronger labor market and improved household spending power due to reduced energy expenses, should lead to a rise in home sales despite growing
global economic concerns and relatively
weak GDP
growth,» he
said.