27
May
Posted by Emvertex

The dollar index rose 1.3 percent in the first two weeks to 98.3, its highest since the middle of 2017, and some experts worry that continued dollar strength will weigh on s&p earnings and hurt stocks further. Savita Subramanian, equity and quantitative strategist at bank of America merrill lynch, estimated in an April 29 report that the dollar's strength this year will reduce the earnings of s&p 500 companies by 2.1 percent, the biggest impact since the fourth quarter of…

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20
May
Posted by Emvertex

The United States dollar outstanding interest deposit year interest rate 3% or 4% is not enough to see, forever abundant bank hits on April 29 yesterday "5 word head" the plan, the United States dollar fixed deposit five months period year interest goes up to rush 5.2%, in order to support the overseas loan demand. Have also aimed at small endowment, but only in the annual interest "3" "other soil was huge pressure, the bank has been actively to the…

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13
May
Posted by Emvertex

Canada's central bank decided to leave interest rates unchanged; The central bank also lowered its forecast for economic growth in 2019, which is expected to show little growth this year. In addition, the central bank removed all comments in its statement about the need to raise interest rates in the future, reflecting that the central bank no longer appears to be in a hurry to raise rates. This is the fourth time in a row that the central bank has…

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6
May
Posted by Emvertex

The dollar was slightly stronger against major rivals sterling and the euro after a U.S. economic report. U.S. industrial production fell 0.1 percent in March after economists had expected a 0.1 percent gain. Meanwhile, the national association of home builders' (NAHB) sentiment index for April rose 1 point to 63 on Tuesday, in line with expectations, according to the Econoday survey. Currency analysts said the synchronized rise in global stock indexes was a sign of increased appetite for risky assets,…

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9
Apr
Posted by Emvertex

The International Monetary Fund today revised down its forecast for U.S. economic growth this year to 2.3 percent. But the international monetary fund says the United States will still outpace other advanced countries as the global economy slows. In its quarterly World Economic Outlook, the imf said growth in the World's largest economy, the United States, would be revised down to 2.3 percent this year from an estimate of 2.5 percent in January, but remained relatively strong.The report also warned…

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1
Apr
Posted by Emvertex

Metropolises that have seen property prices tumble as a result of the global economic slowdown are attracting attention.If the downward trend continues, it could reduce the willingness of homeowners to spend.Then there is the fear of financial chaos. The median price of a Manhattan apartment in central New York fell 5.8% to $999,000 in the fourth quarter from a year earlier, the first time it has fallen below the $1 million mark since the third quarter of 2015 (July to…

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25
Mar
Posted by Emvertex

SINGAPORE - Smaller declines in private road transport and accommodation costs caused headline or overall inflation to go up slightly to 0.5 per cent year on year in February, up from 0.4 per cent in the previous month, data released on Monday (March 25) showed. Core inflation - which strips out private transport and accommodation costs - showed a reverse picture and came in a tad lower at 1.5 per cent last month, down from 1.7 per cent in January.…

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12
Mar
Posted by Emvertex

Global asset management (DWS) said on March 11 that the yuan will still fall against the dollar this year as China's economy has not yet stabilized, and it expects the yuan to remain at 7 yuan to the dollar for a year.   March 11, according to Reuters news, DWS (former deutsche asset management) Asia Pacific investment director Sean Taylor has said at the press conference: "the recent relatively strong, due to the vision will have more capital market cycle…

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6
Mar
Posted by Emvertex

On Tuesday, March 5, 2019, the dollar held on to positive territory after some supportive economic data. The ISM manufacturing index for February was 59.7, above analysts' estimates of 57.5 and above the preliminary reading. The ICE dollar index rose 0.2 percent to 96.831. [caption id="attachment_735" align="alignnone" width="670"] The dollar hit a 2 week high[/caption] Elsewhere, the pound rebounded from earlier losses against the dollar. The British government did not expect any breakthrough from a meeting between British attorney general…

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25
Feb
Posted by Emvertex

The dollar was little changed as the minutes of the fed's January meeting maintained a "dovish" tone, indicating flexibility on whether to raise interest rates and considering a possible end to its tightening soon.Despite recent optimism about the outcome of the u.s.-china trade talks, franklin said there is still some safe-haven demand for the dollar as the March 1 deadline approaches, but the fed will continue to favor a dovish tone and limit dollar moves. U.S. President Donald trump signaled…

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