Confidence in the global economic recovery is wavering after a jolting one-two punch (suggested tightening in the U.S. and China) that has driven both bond and equity markets down around the world. Central bank intervention is so widespread and deep …
In case we again start seeing global markets weakening, there is a ample chance that the market may tend to peak out somewhere around 5900 in the very short-run and then may again scale back in case the global markets don't do well. But if the global …
A host of manufacturing sentiment data out this week will give a comprehensive picture of global demand levels. Figures for Brazil, China, the eurozone, France, Germany, India, Russia and the US are published on Monday. And Asian countries' export data …
By Alan Wheatley, Global Economics Correspondent. LONDON, June 30 (Reuters) – Data this week will add spice to speculation as to when the U.S. Federal Reserve will start scaling back its stimulus while reinforcing the realisation that China is serious …
There he raised taxes and tightened credit to cool demand as inflation took off for the first time since the immediate post-war years. The Financial Times awarded him an “Oscar for the stronger currency”. Colombo came to power as the result of a split …
In October, a similar war of nerves led the two sides to terminate an agreement to expand their total swap arrangement to $70 billion from $13 billion. It is undesirable that Seoul and Tokyo have repeatedly deviated from economic logic in handling …
Brazil and other countries that complained about “hot money” inflows and “currency wars,” have now suddenly gotten what they wished for: a likely early end of the Fed's QE. The consequences—sharp capital-flow reversals that are now hitting all risky …
Besides the human cost, the war in Syria has also taken a severe toll on the economy and infrastructure, with the currency weakening, recession deepening and the government short of cash. Before the uprising, back in 2010, Syria's gross domestic …
Earlier this month, the Syrian currency plunged to a new record low following a U.S. decision to arm rebel groups fighting to topple Assad. The Syrian pound currently trades at an average of around 200 to the dollar, compared with 47 before the crisis.