Monday, Nov 25, 2024

International Finance

Tag : Capital Markets

Economy

FIFA World Cup fails to lift Brazil, shows apex bank data

International Finance Desk
by International Finance Desk
Monthly budget deficit in May almost touches all-time high while HSBC survey signals further deterioration in factory sector, reports Team IFM Sao Paolo, July 9: Brazil’s dalliance with  fiscal instability continued in May, data released by the country’s central bank on July 1 shows, sinking hopes that the ongoing FIFA World Cup would lift it...
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Economy

UK: A bounceback in June is possible

International Finance Desk
by International Finance Desk
According to key surveys, business order books are at high levels. July 9: The UK manufacturing output numbers for May are remarkably soft. Rather than rise 0.4%MoM as expected by the market, which seemed fully justified on the basis of the CBI industrial trends numbers and the manufacturing purchasing managers’ indices, it actually fell 1.3%MoM....
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Economy

Oil dips, gold resilient despite US economic cheer

International Finance Desk
by International Finance Desk
Risk of Iraqi oil disruptions faded and in Libya, two major oil terminals are going to reopen following a year-long blockade. 8th July 2014 Bloomberg Commodity Index falls for second consecutive week Oil droops as Iraq fears fade and Libya is poised for export resumption Outlook to bumper corn and soybean crops in the US...
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Banking

Oz central bank keeps July cash rate steady at record low of 2.5%

International Finance Desk
by International Finance Desk
RBA wants the effects of low interest rate to keep flowing through the economy, which is plagued by tardy growth in the mining sector, reports Team IFM Sydney, July 8: The Reserve Bank of Australia (RBA) has kept its benchmark cash rate on hold in July to help support a soft economy as an elevated...
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Fintech

Global economy: fast or slow track?

International Finance Desk
by International Finance Desk
Five years have passed since the global financial crisis. The IMF projects the world economy to increase 3.6% in 2014 and 3.9% in 2015. This is below the 5% growth of 2005-2007, but still a very good prospect.  7th July 2014 Five years have passed since the global financial crisis. The IMF projects the world...
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Economy

US non-farm payrolls rise in June exceeds expectations

International Finance Desk
by International Finance Desk
Revisions to the previous two months were minimal, so the figure can be taken more or less at face value 7th July 2014 US non-farm payrolls rose 288K in June, exceeding consensus expectations (215K, ING 220K), though in line with the strong ADP reading (281K). Revisions to the previous two months were minimal at +29K,...
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Economy

Strong Euro is hampering German export growth

International Finance Desk
by International Finance Desk
Independent survey report also points to slowdown in manufacturing sector, reports Team IFM Wiesbaden, July 3: The rate of inflation in Germany accelerated faster than expected in June on a monthly basis, according to official data released last week even as an independent survey report said its goods producing sector has been stagnant since May,...
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Economy

UK economy trots at healthy pace, trend to stay

International Finance Desk
by International Finance Desk
Official data showing upswing in manufacturing and construction sectors has buoyed growth, reports Team IFM London, July 3rd: The UK grew at an encouraging clip both on an annualised and quarterly basis in the January-March period in 2014 but still remained below projections, recent official data shows. A leading investment bank predicted that this level...
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Uncategorized

Forex Charting the Easy Way

International Finance Desk
by International Finance Desk
Charting tools enable traders to view historical data on price movements, pinpoint trends and identify key price points to enter and exit a trade. Traders have deployed various methods over the years to help them predict the movement of financial instruments. Forex charts are a very useful trading tool that facilitates individuals to conduct technical...
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Economy

Readying the Corporate Finance Function for Export-Lead Growth

International Finance Desk
by International Finance Desk
How technology can break through the complexity of multiple currencies, numerous payment methods, regulatory differences, taxation systems and a multitude of languages. 25th June 2014 Recent statistics have outlined that the financial technology sector is one of the strongest sectors in the UK economy, with investment jumping 177 per cent in the first quarter of...
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