Search Results for: US economy
Financial Policy Committee statement from its policy meeting, 23 March 2016
March 29th, 2016
1. The Bank of England’s Financial Policy Committee (FPC) assesses the outlook for financial stability by identifying the risks faced by the financial system and weighing them against the resilience of the system. In doing so, its aim is to ...
Economic Takeaways From Japan’s Retail Sales, Spending Data
March 29th, 2016
What you need to know about Tuesday’s data released in Japan: The numbers for February paint a mixed-to-negative picture of the Japanese economy, maintaining pressure on Shinzo Abe’s government and the central bank to consider more fiscal and monetary ...
Egypt targets higher growth, deficit reduction in new government program
March 29th, 2016
Egypt promised tough action to restore growth on Sunday with a government program that aimed to reduce the budget deficit while protecting the poor as public anger mounts over a deteriorating economy. Prime Minister Sherif Ismail, reading out a ...
‘Perfect Storm’ of events dampens optimism among financial services firms – CBI/PwC
March 29th, 2016
Optimism among firms in the financial services sector has fallen at the fastest rate since 2011, according to the latest CBI/PwC Financial Services Survey. The quarterly survey of 104 financial services firms found that respondents in banking and investment ...
Greece Economic Crisis Enters Year 9
March 28th, 2016
Greece’s fledgling economy fell back into recession in the fourth quarter of 2015, as the combination of sky-high unemployment, weak inflation and a shaky financial sector ended a turbulent year defined by political crisis and uncertainty. Gross domestic product ...
Israeli High Court Strikes Down Noble Gas Deal
March 28th, 2016
Marking a significant setback for gas exploration in the Eastern Mediterranean, Israel’s high court struck down a deal between the government and a U.S. consortium led by Noble Energy NBL -0.65%. Citing the deal’s “stability clause” as cause for concern, the court argued ...
Investors are still betting big on gold. What do they know that you don’t?
March 28th, 2016
The stock market may be back on track, but nervous investors are still showering gold with tons of love. An impressive $13.4 billion was poured into gold assets over the past 11 weeks, according to Bank of America Merrill ...
Oil to rebound to around $50 by year end – Saxo Bank
March 28th, 2016
Several factors are helping oil prices gain ground The past two months of oil price volatility have taken its toll on the financial markets, with the main culprits for this dramatic price fall being excess production, concerns about a ...
Dollar, North Asia stocks firm on positive U.S. GDP data
March 28th, 2016
The dollar firmed on Monday and stocks in North Asia rose after fairly strong consumer spending led to an upward revision in U.S. economic growth in the fourth quarter, helping to underpin investor sentiment. “As long as the U.S. ...
China’s yuan to face pressure if dollar rises sharply: c.bank adviser
March 25th, 2016
China’s yuan will come under renewed downward pressure if the U.S. dollar rises significantly in coming months, a policy adviser to the People’s Bank of China said on Friday. Huang Yiping, a professor at Peking University and a member ...
