Philip Chua Business Blog

Posts Tagged ‘global economy’

The DXY does not mirror the United States trade position in the global economy. It is heavily weighted to Europe, undervalues the Canadian Dollar, ignores South Korea Taiwan and by necessity China. A firm cannot settle a trade flow in the DXY nor is it particularly useful as a hedge…

58% of respondents expect to spend more on research and development in next 12 months
MOST business leaders in the Asia-Pacific believe it will take two to three years for the global economy to recover fully.
In the meantime, many are gearing up for future growth and plan to spend more on research and development in the next 12 months.
These findings come from a survey conducted jointly by Pricewa… more

Crude prices bounced above $80 per barrel once again on Wednesday, a level that even OPEC leaders have said is too high given the fragile state of the global economy.

It is understandable that the world should look for a new economic savior but China cannot support the global economy on her shoulders alone. If lower consumption and GDP have really arrived in the United States, they will not be far behind in China.

The U.S. dollar has resumed the downtrend against major currencies and the decline should continue over the medium term supported by fundamental and cyclical factors. In the United States, the public debt is increasing, the global economy is improving and interest rate differentials with key countries are widening. Inflation remains…

After last week’s spate of weaker US data – culminating in Friday’s 263k fall in September payrolls – this week’s economic releases will be scrutinised closely for additional signs that the recovery in the global economy may be starting to falter, see the main article in this Weekly. Falling equity…

Reuters – U.S. Treasury Secretary Timothy Geithner on Tuesday called on the International Monetary Fund to provide rigorous surveillance to spot new investment bubbles and keep country foreign exchange policies in line with goals to rebalance the global economy.

FINANCIAL securitisation needs to be rehabilitated if the global economy is to recover fully from the current recession, the International Monetary Fund says in a new report.
IMF acknowledges that its proposals could prove controversial, given that sectors of asset securitisation such as the US sub-prime mortgage market were at the heart of the crisis. But it argues that global demand and economic… more

The global recovery is currently getting stronger for each day passing. Over the past week the positive flow of data from the global economy has continued. The takeaway from the recent data is not only that most major countries are by now are out of recession, they are also seeing…

Reuters – Asian stocks pushed higher on Friday and were poised to score double-digit gains in July as investors keep pouring funds on bets the region’s growth engine will lead the global economy out of recession.