“The Chinese economy is definitely on the downward trend. That hasn’t changed,” said Ma Xiaoping, an economist with HSBC. Ma said demand from both home and abroad is still weak and investors are downbeat about China’s economic outlook.
Iraq is OPEC’s second biggest producer after Saudi Arabia, and the increase in its output, alongside that of Iran, could aggravate the global oil glut and complicate discussions between OPEC and non-OPEC producers on output limits to prop up prices.
Last month’s strong jobs growth should reinforce the Fed’s confidence in a labor market that officials view as at or near full employment. Fed Chair Janet Yellen has said the economy needs to create just under 100,000 jobs a month to keep up with population growth. The U.S. central bank raised interest rates for the first rise in nearly a decade last December, but since […]
First, you need a method of easily remembering your unique passwords without having to save them to your browser’s cookies.One method is to base them on the first letter of each account. For example, your Facebook password would correspond to (F), which could mean “favorite film.” If your favorite film is Star Wars, you might then pick your favorite character: Han Solo. Then, your password […]
Conflicting virus and spyware tools Here’s the issue. Most of these anti-malware tools install something that’s called “real-time scanning.” That means that while you’re using your computer, the software is actively looking at what you’re doing (the files you’re manipulating – the things that are coming and going on the internet) and checking them to make sure that there’s no malware in those files. Having […]
What Is a Stroke? Stroke is a medical emergency and a leading cause of death in the U.S. It occurs when a blood vessel in the brain bursts or, more commonly, when a blockage develops. Without treatment, cells in the brain quickly begin to die. The result can be serious disability or death. If a loved one is having stroke symptoms, seek emergency medical attention […]
For equities, the more radical the easing measures are, the more positive the market response is likely to be. With the FTSE 100 moving up above its pre-referendum level, a further fall in the pound, even against such an uncertain political and economic backdrop, would help the index. “We think the BoE should over-egg stimulus: do too much, do it early, and do everything,” said […]
Reserve Bank of Australia Governor Glenn Stevens, one policy meeting away from retirement, will leave his deputy and successor, Philip Lowe, with an inheritance that’s confounding counterparts worldwide: very low inflation and limited policy ammunition to combat it. The best result for Australia would be a depreciation in the exchange rate, but with interest rates low and even negative across the developed world, yield-hungry investors […]
For the last 50 years, the world economy has benefited from a demographic boom that has contributed 1.8 percent to average annual global GDP increases, helping to generate an unprecedented level of growth.1This demographic tailwind is coming to an end. With populations aging and fertility rates dropping around the world, the growth rates of the past 50 years may prove to be the exception, not […]
In summary, a turbulent period may be ahead as Japan transitions from monetary to fiscal stimulus, but at least the BOJ’s direct purchases in the equity market should keep stocks modestly propped up.