If the food situation continues to worsen, entire nations will break down at an ever increasing rate. 出自-2016年6月阅读原文 I think what Aesop was suggesting is that when you offer a good turn to another human being, one can hope that that good deed will come back and sort of pay a...
The dollar remains close to a 15-year high versus currencies of countries with which the U.S. trades. It also remains the primary currency used for trade and financial transactions in the global economy. The size of the recent non-dollar transactions that have raised concerns are very small....
On the macro side, we believe that the market sentiment has become more positive due to the current discussion that the United States economy is on track for a soft landing. With one more interest rate increase expected before the end of the trading year, the US Federal Reserve is likely t...
After the dust had settled, the mundane business, now earning $4 million annually, might still be worth the value of its tangible assets, or $36 million. That means its owners would have gained only a dollar of nominal value for every new dollar invested. (This is the same dollar-for-d...
Fed's Mester Says Rate Target Will Need to Go Over 5% More Reuters FILE PHOTO: Loretta J. Mester, president and CEO of the Federal Reserve Bank of Cleveland, looks on at Teton National Park where financial leaders from around the world gathered for the Jackson Hole Economic Symposium outside...
Here's what you can expect to happen to the price of gold after the Fed rate cut happens this week.
A historically aggressive interest rate hike schedule, along with a strong dollar, influenced the decline in the precious metal's value. "When you have a situation where you have interest rates that went up, and the dollar strengthened, that's where gold can actually get hurt," says Philip ...
3. If a transaction is conducted in foreign currency and the amount of Bonus Points earned is based on the transaction amount, the transaction amount will be converted to Hong Kong dollar equivalent using an exchange rate set by the Bank on the transaction date or on the date the amount of...
Overall, the dollar looks likely to weaken over the course of the year, barring any major surprises in policy. However, we don't see it losing its status as the world's reserve currency. For the U.S. Treasury market, yields are likely to fall later in the year with Fed rate cuts, ...
“The surge in interest rate expectations has already added another £1,000 a year to the coming increase in mortgages for a typical borrower, while sterling’s fall means more expensive imports feeding through to higher inflation,” said Bell. People living in the United Kingdom would see ...