Search Results for: US economy
Asian stocks fell, British pound rose; Key financial events coming up this week
July 16th, 2018
Asian stocks fell as mixed economic data in China failed to allay concern about the world’s second largest economy’s ability to the withstand the impact of the trade dispute. Crude slid and the yen traded near the weakest level ...
Asian stocks halt four weeks of losses, Pound drops; Here are the main market moves
July 13th, 2018
Asian stocks headed for their first weekly advance in five as trade tensions appeared to ease after China refrained from detailing retaliation plans against threatened U.S. tariff increases. The pound slipped on the latest woes from the Brexit quagmire. ...
Make Capital Cheap and Labor Costly, and Guess What Happens?
July 12th, 2018
Employment expands in the Protected cartel-dominated sectors, and declines in every sector exposed to globalization, domestic competition and cheap capital. If you want to understand why the global economy is failing the many while enriching the few, start ...
Investors Update: Escalating trade row haunts emerging markets stocks, Forex
July 12th, 2018
A sharp escalation of the trade war between Washington and Beijing battered emerging markets on Wednesday with Chinese stocks faltering, the yuan weakening and falling commodity prices adding to the pressure. U.S. President Donald Trump’s administration raised the stakes ...
Early investors review: Asian stocks traded mixed Wednesday; Euro to Dollar rose
July 4th, 2018
Asian stocks traded mixed Wednesday as the yuan recovered from its recent decline, which had unsettled investors amid trade tensions and prompted verbal intervention from Chinese officials. Equities in China and Hong Kong fell, reversing gains within the first ...
Is China part Of the “Emerging Market Crisis”?
June 29th, 2018
Being huge, consequential and technologically advanced, China isn’t normally lumped into the “emerging” category with Brazil and Argentina. To most observers they’ve already left the kids table and are now seated with the developed-world adults. But that might be ...
The dollar held steady against a basket of currencies
June 27th, 2018
The dollar held steady against a basket of currencies on Wednesday, its earlier bounce from two-week lows flagging amid lingering trade conflict concerns. The dollar index against a basket of six major currencies was steady at 94.652 after gaining ...
Singapore, Trade and Geopolitics
June 26th, 2018
The Western media was incredulous. The Donald had disregarded diplomacy, scuttled out of the G7 meeting in Canada without endorsing the G7 agreement, and ended up shaking hands with a previously avowed enemy in Singapore. The formally leisurely ...
Oil, the petrodollar, and the next emerging market crisis
June 21st, 2018
Oil prices are up over the past year, which is bad if you’re, say, a developing country that imports a lot of the stuff. But the US dollar (aka the petrodollar) is also up, which compounds the problem because ...
Tax haven myths challenged by think tank
June 19th, 2018
A new report debunks the myths surrounding the purposes of tax havens and challenges the image of ‘hotbeds of tax evasion.’ In research debunking myths about tax havens, UK think tank The Institute of Economic Affairs (IEA) argues tax ...
