Search Results for: Economic Outlook
Pound Traders Turn to BOE After Fed Rate-Increase Outlook Dims
October 5th, 2015
U.K. 10-year bond yield falls to lowest level since April BOE officials announce monetary policy decision on Oct. 8 After a week that saw currency traders push back their expectations for a Federal Reserve interest-rate increase, investors will turn ...
Draghi Unveils Revamped QE Program as ECB Downgrades Outlook
September 4th, 2015
ECB president says risks to growth remain on the downside Says inflation rate may turn negative in the coming months Mario Draghi unveiled a revamp of quantitative easing and signaled officials might expand stimulus if the rout in financial markets ...
European stocks suffer as China outlook continues to worsen
September 1st, 2015
More than £30bn was wiped off FTSE 100-listed stocks this morning, after new economic data from China reduced hopes of a recovery from last week’s market turmoil. The FTSE dipped below 6,100 points in mid-morning trading, 2.4 per cent ...
Copper, China And World Trade Are All Screaming That The Next Economic Crisis Is Here
July 27th, 2015
If you are looking for a “canary in a coal mine” type of warning for the entire global economy, you have a whole bunch to pick from right now. “Dr. Copper” just hit a six year low, Morgan Stanley ...
MENA economic growth: A good start for Egypt
June 18th, 2015
It is not without its challenges, but the economy is improving – steadily if unspectacularly. A curious place these days, Egypt. Politically, it continues to make liberal-minded observers queasy, whether for sentencing ousted – and democratically elected – Islamist ...
Fitch Downgrades Japan to ‘A’; Outlook Stable
April 27th, 2015
Fitch Ratings has downgraded Japan’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to ‘A’ from ‘A+’. The issue ratings on Japan’s senior unsecured foreign and local currency bonds are also downgraded to ‘A’ from ‘A+’. The Outlooks ...
Markets decline on weak economic data and disappointing earnings reports
January 28th, 2015
US stocks recorded their biggest decline in three weeks on Tuesday after an unexpected drop in durable-goods orders and disappointing earnings reports from Microsoft Corp. and Caterpillar Inc. The durable-goods orders fell 3.4% in December instead of a small ...
Euro Extends Slide on ECB Outlook; Asian Stocks, Oil Slip
January 5th, 2015
The euro weakened to an almost nine-year low and Asian stocks fell amid concern Greece will exit the European currency union. Oil slumped to its lowest level since 2009, while silver and Chinese shares climbed. The euro depreciated 0.5 percent to ...
Russia Economic Pain Spreads as UBS Cuts Seven Stocks
December 9th, 2014
Russia’s worsening economic crisis is spreading through its corporate bond and stock markets as a tumbling ruble and plunging growth erode confidence in companies recently seen as able to withstand the turmoil. UBS AG cut stock ratings for seven ...
Euro zone risks return to contraction, China outlook smoggy
December 4th, 2014
The euro zone economy may face another contraction after business activity grew less than expected in November, although although Asian readings were more upbeat, while U.S. data was mixed in global surveys published on Wednesday. Firms across the euro ...
