Search Results for: US economy
Global growth will be disappointing in 2016: IMF’s Lagarde
December 30th, 2015
Global economic growth will be disappointing next year and the outlook for the medium-term has also deteriorated, the head of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday. IMF Managing Director ...
Southeast Asia Launches Huge Trade Bloc
December 30th, 2015
Ten countries formalize their integration efforts in a bid to rebalance regional power and riches Ten Southeast Asian nations start an ambitious, U.S.-backed experiment on Thursday: integrating their economies in a bid to bring more global sway and prosperity ...
Pound Outlook Darkens on Brexit Referendum With BOE Stuck on Launchpad
December 30th, 2015
Sterling will fall to $1.41 by September 2016, SocGen says Fragile global economy, ‘Brexit’ may keep BOE from liftoff The odds are stacking up against the pound for 2016. With growth slowing and the potential for a referendum on ...
The 25 financial events that shaped the year 2015
December 30th, 2015
As we are close to move from year 2015 to year 2016, OneStopBrokers has collected and presents the major Financial events happened in 2015. 2015 was a year that the Eurozone was almost collapsed. We all witnessed a possible ...
World Economic League Table 2016 Highlights
December 29th, 2015
Slower Chinese GDP growth and a weaker currency mean that China is now forecast to overtake the US in 2029 compared with 2025 in last year’s forecasts. Japan has the weakest forecast growth of all major economies and is ...
Spain and Italy receive economic recovery boost
December 29th, 2015
Spanish shops are now hiring at pre-crisis levels, while business confidence is also holding up in Italy, according to official figures. Spain’s national statistics agency said retail hiring in November grew 1.8% on last year, the fastest rate since ...
Ruble Drops to 2015 Low on Year-End Budget Flows as Oil Tumbles
December 29th, 2015
Russian currency slides past 72 per dollar as oil drops Finance Ministry seen boosting budget spending before new year The ruble fell to its weakest level this year as oil resumed declines and investors speculated a traditional pick up ...
J.P. Morgan to Increase Deposit Rates for Some Big Clients in January
December 29th, 2015
Bank is among first of big peers to boost deposit rates after Fed decision on interest rates J.P. Morgan Chase & Co. will raise deposit rates for some of its biggest clients in January, according to a person familiar with ...
Saudi Arabia reveals cuts plan to shrink $98bn budget deficit
December 29th, 2015
Sparked by plunging oil prices, the 2016 budget marks biggest shakeup in years and includes politically sensitive reforms Saudi Arabia has announced plans to cut government spending and reform its finances after plunging oil prices resulted in a record annual ...
Saudi Arabia Set to Announce 2016 Budget Amid Oil Plunge
December 28th, 2015
Budget is 1st under King Salman, may see capital spending cut Kingdom may post a budget deficit of 20% of GDP this year Saudi Arabia, seeking to cope with the lowest oil prices in more than a decade, may ...
