Search results “Country risk and exchange rates”
Imports, Exports, and Exchange Rates: Crash Course Economics #15
What is a trade deficit? Well, it all has to do with imports and exports and, well, trade. This week Jacob and Adriene walk you through the basics of imports, exports, and exchange. So, you remember the specialization and trade thing, right? So, that leads to imports and exports. Economically, in the aggregate, this is usually a good thing. Globalization and free trade do tend to increase overall wealth. But not everybody wins. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 1076801 CrashCourse
The Annual Quantitative Trading Symposium - Sovereign Credit Risk and Exchange Rates
Prof. Patrick Augustin, Desautels Faculty of Management, McGill University
Views: 42 IDC Herzliya
Political RIsk
John Lavelle, Political Risk Practice for Willis North America, on insurance coverage options
Views: 2736 Willis Group
What is economic risk? - EduPop - Museo del Risparmio
Economic risks are strictly linked to returns: they are taken because a profit is expected. Find out more about the topic in this video of the EduPop series, the financial education project of Museo del Risparmio. http://www.museodelrisparmio.it
Views: 2222 Intesa Sanpaolo
How is country risk affecting your business?
Naz Naini and Rob Vaughan talk about the quarter one 2013 update to our country risk map. They explore how the UK's budget, civil unrest in Africa and the financial turmoil in Cyprus is affecting how businesses are affected by country risk. For more information please go to: http://www.pwc.co.uk/the-economy/issues/country-risk-premia-quarterly-update.jhtml
Views: 4871 PwCUK
Managing foreign exchange risk and exposure II (BSE)
Subject: Business Economics Paper: International Financial Management Module: Managing foreign exchange risk and exposure II Content Writer:
Views: 7286 Vidya-mitra
Country risk 2016 - Analysis and forecasts in 160 countries
Doing export? Read our analysis and forecasts in 160 countries available online on http://www.coface.com Contact us if you need to mitigate trade risk, avoid international debts and make sure you are dealing with financially strong companies. We have experts on the ground!
Views: 1015 Coface Group
What is POLITICAL RISK? What does POLITICAL RISK mean? POLITICAL RISK meaning & explanation
What is POLITICAL RISK? What does POLITICAL RISK mean? POLITICAL RISK meaning - POLITICAL RISK definition - POLITICAL RISK explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Political risk is a type of risk faced by investors, corporations, and governments that political decisions, events, or conditions will significantly affect the profitability of a business actor or the expected value of a given economic action. Political risk can be understood and managed with reasoned foresight and investment. The term political risk has had many different meanings over time. Broadly speaking, however, political risk refers to the complications businesses and governments may face as a result of what are commonly referred to as political decisions—or "any political change that alters the expected outcome and value of a given economic action by changing the probability of achieving business objectives". Political risk faced by firms can be defined as "the risk of a strategic, financial, or personnel loss for a firm because of such nonmarket factors as macroeconomic and social policies (fiscal, monetary, trade, investment, industrial, income, labour, and developmental), or events related to political instability (terrorism, riots, coups, civil war, and insurrection)." Portfolio investors may face similar financial losses. Moreover, governments may face complications in their ability to execute diplomatic, military or other initiatives as a result of political risk. A low level of political risk in a given country does not necessarily correspond to a high degree of political freedom. Indeed, some of the more stable states are also the most authoritarian. Long-term assessments of political risk must account for the danger that a politically oppressive environment is only stable as long as top-down control is maintained and citizens prevented from a free exchange of ideas and goods with the outside world. Understanding risk partly as probability and partly as impact provides insight into political risk. For a business, the implication for political risk is that there is a measure of likelihood that political events may complicate its pursuit of earnings through direct impacts (such as taxes or fees) or indirect impacts (such as opportunity cost forgone). As a result, political risk is similar to an expected value such that the likelihood of a political event occurring may reduce the desirability of that investment by reducing its anticipated returns. There are both macro- and micro-level political risks. Macro-level political risks have similar impacts across all foreign actors in a given location. While these are included in country risk analysis, it would be incorrect to equate macro-level political risk analysis with country risk as country risk only looks at national-level risks and also includes financial and economic risks. Micro-level risks focus on sector, firm, or project specific risk. Macro-level political risk looks at non-project specific risks. Macro political risks affect all participants in a given country. A common misconception is that macro-level political risk only looks at country-level political risk; however, the coupling of local, national, and regional political events often means that events at the local level may have follow-on effects for stakeholders on a macro-level. Other types of risk include government currency actions, regulatory changes, sovereign credit defaults, endemic corruption, war declarations and government composition changes. These events pose both portfolio investment and foreign direct investment risks that can change the overall suitability of a destination for investment.
Views: 3154 The Audiopedia
Top 10 Countries With The LARGEST Gold Reserves!
Check out these 10 countries with the largest gold reserves in the world! This top 10 list features some of the richest and wealthiest countries on earth that have tons of gold bars stacked up somewhere! Subscribe For New Videos! http://goo.gl/UIzLeB Watch our "SURPRISING And Interesting Facts About Money!" video here: https://youtu.be/ONpChSPqVc4 Watch our "Most AMAZING Discoveries With A Metal Detector!" video here: https://youtu.be/45JveYKafVo Watch our "Most EXPENSIVE Diamonds In The World!" video here: https://youtu.be/RcZATf3Lmb0 10.) India According to the World Gold Council, the Bank of India currently holds 557.7 tons of gold. It is one of the largest stores of gold in the world! This makes up 9.9 % of the country’s total foreign reserve. Foreign exchange reserves is money or other assets held by a nation’s central bank so they can back the national currency. India, home to 1.25 billion people, is the number one largest consumer of the precious metal. Furthermore, India is one of the most reliable drivers of global demand. For example, India’s festival and wedding season, which runs from October to December, has historically been a major market for gold. And probably, one of the most interesting facts about India and gold is that India rarely invests much in gold. This is because as a country, India operates under the belief that buying gold leads to a deficit. And their belief must be proving right as things also seem to be improving for India. For instance, if you look at the last few years, India has increased its gold reserves from 557.74 to 557.77. While this might not seem like a lot, India is also at its highest point in history! In addition to what the country holds, Indian households which are considered the world’s largest hoarders of gold, hold a record 23,000-24,000 tons, which is worth about $800 billion. 9.) Netherlands In the past few years, the Netherlands has held 52% of its foreign reserve in gold. The Netherlands has a reported 612.45 tons. In 2016 it was reported that the bank was looking for a place to store all its gold because they were going to renovate the vaults and needed to moving it. The Dutch central bank is planning to move the country’s gold reserves from the center of Amsterdam to a new complex called the Cash Center. Like most countries, Dutch gold is also held in banks around the world to reduce risk. Security measures to guard the gold 24/7 have become a problem in Amsterdam. 189,000 kilos of gold will be moved at the beginning of 2022. Maybe this is one reason that over the last decade and a half, the Netherlands was selling off tons of gold in order to reduce its reserve. However, there weren’t that many buyers out there and they sold less than the country wanted. More recently the country has had less ambition to sell gold. Currently, the country holds the same amount of tons, 612.45 that they have over the last few years. However, the country has increased its percentage of foreign reserves to 61.2 %. 8.) Japan Japan is another country which had been increasing its gold reserves since the 1960’s. Their official gold holdings were reported at 765.2 tons. About 2.4% of Japan’s gold today is in foreign reserve. Historically, Japan has always held a bit more gold than other countries. This was true until 2011, when they began to sell some of their reserve in order to pump money into the economy after the tsunami and the following Fukushima nuclear disaster. But even with selling, Japan’s central bank has been one of the most aggressive practitioners of quantitative easing. For example, in January of 2016, it lowered interest rates below zero, which has helped fuel demand in gold around the world. 7.) Switzerland Prior to 1997, Switzerland was steadily building its gold reserves. In 1997, the decision was made to sell some of those reserves to bolster the Swiss currency and diversify the foreign reserves. The percent of foreign reserves in Switzerland is currently 6.7 %. Switzerland actually has the world’s largest reserves of gold per capita and currently has reported 1,040 tons. Over time, many citizens in the country started to feel like the bank was getting rid of too much gold. They then banded together with the “Save the Swiss” movement. However, once everyone was able to vote in 2014, the vote came to a no, and gold continued to be sold. During World War II, Switzerland became the center of the gold trade in Europe, making transactions with both the Allies and Axis powers. Today, much of its gold trading is done with Hong Kong and China. Around last year, the Swiss National Bank made a $5.9 billion profit, reportedly from its gold holdings. Origins Explained is the place to be to find all the answers to your questions, from mysterious events and unsolved mysteries to everything there is to know about the world and its amazing animals!
Views: 2364792 Origins Explained
Inflation control around the world:  Why are some countries more successful than others?
TO USE OR PRINT this presentation click : http://videosliders.com/r/1025 ============================================================== Inflation control around the world: Why are some countries more successful than others? The views are those of the author and do not necessarily reflect those of the Central Bank of Iceland Thórarinn G. Pétursson Central Bank of Iceland and Reykjavík University The 6th Norges Bank Monetary Policy Conference: Inflation Targeting Twenty Years On, Oslo 11-12 June 2009 ,Two key questions This paper attempts to address two key questions concerning inflation performance Why does inflation tend to be more volatile in some countries than in others? What explains the general decline in inflation volatility observed over the last two decades? ,Country sampleInclusion criteria Focus on relatively developed, market-based economies Countries similarly developed as OECD countries Countries with PPP adjusted GDP per capita below the lowest OECD member (Turkey) are excluded Countries of similar size as OECD countries Countries with PPP adjusted GDP below the smallest OECD member (Iceland) are excluded Final country sample of 42 countries Estimation period 1985-2005 ,Country sampleTwo interesting country groups Combating inflation seems particularly difficult in two sub-groups Very small, open economies (VSOE) A sample of 7 countries with population below 2.5 million Emerging market economies (EME) A sample of 15 emerging market countries ,Country sampleDifferent country groups ,Country sampleTreatment and control groups The non-inflation targeting group therefore includes a very heterogeneous group of countries Ranging from very small to very large countries and from emerging market economies to very developed industrial countries Wide array of monetary policy frameworks ranging from pegs, currency boards, monetary unions to floating rates with monetary targets or hybrid frameworks Therefore offers a very interesting “control” group to test against the “treatment” group of IT countries Country sample also includes a number of very small and reasonably developed countries that are usually excluded in this type of analysis ,Inflation performance ,Question 1 Why does inflation tend to be more volatile in some countries than in others? ,Cross-country analysisVariables included Two measures of economic structure Economic size and per capita income Output volatility Openness to trade Two indicators of exposure to external shocks Cyclical co-movement of domestic and world output and cyclical co-movement of private consumption and exchange rate Two indicators of trade patterns Trade diversification and the share of commodities in merchandise exports Two measures of importance of exchange rate fluctuations Volatility of the risk premium in multilateral exchange rates and level of exchange rate pass-through Two indicators of monetary policy performance Predictability of monetary policy and central bank independence ,Measuring exchange rate risk Use a general signal-extraction approach suggested by Durlauf and Hall for rational expectations models Models are a sum of two unobserved components Combination of the data implied under the null hypothesis that the model is true Combination of the data under the alternative: model noise They show how this model noise can be extracted from the data and how a lower-bound of the variance of this noise component can be constructed ,Measuring exchange rate risk In the context of this paper I use the standard workhorse of exchange rate determination Money market eq. PPP condition UIP condition A time-varying risk premium has been added to the standard UIP condition Can also be interpreted as the rational expectations deviation from the model – i.e. the non-fundamental part of exchange rate behaviour or model noise ,Measuring exchange rate risk This can be solved to give the standard present-value condition Where f are economic fundamentals and κ the present value of the current and expected risk premium (or noise) ,Measuring exchange rate risk By defining the perfect-
Views: 43 slide show me
Currency Risk
Is there an ideal exchange value for the Canadian dollar for Canadian farmers? Who benefits most at a lower exchange rate? What does it mean for trade (at the farm level)? In this podcast Keith Ferley, Commodity Futures Advisor at RBC Dominion Securities provides an overview of the role of exchange rates in managing your farm business.
Views: 603 RBC
Risks and Payments in International Business, Export & Import Winning in the Global Marketplace
Risks and Payments in International Business, Export & Import Winning in the Global Marketplace, - A practical hands-on guide to success in international business, with exercises + 100s of real -world examples. This is a short synopsis from the chapter; Risks and Payments in International Business - This video will give you examples of different risks when conducting international business. We will cover topics like political risks, country risks, commercial risks, bank risks, currency risks and much more. The video also exemplifies how to find the appropriate information and ways of minimizing the risks. More information: http://exportpro.com Start the course from the beginning: https://www.youtube.com/playlist?list=PLszDsigvRQLnokrl6Lp-7eI7JDUaNaBS- Next video in series, Importing: https://youtu.be/Z4dKY4x-6BA?list=PLszDsigvRQLnokrl6Lp-7eI7JDUaNaBS-
Views: 1398 Export Pro Inc
How Political Risk Affects An Economy
The risk that businesses, investors and governments may face when there is a change in politics or political outcomes. As such, if there is a change in the politics of a country that negatively affects your goals as a business or investor, then that is known as political risk. For more lessons and lecture notes go to www.gaksu.com
Views: 4845 cedric chehab
Risks of international investment
Recorded with http://screencast-o-matic.com
Views: 479 Paul Docherty
Country Risk Analysis for Investment Decisions and Corporate Strategy (Part 2)
This video may contain information of general interest about current legal issues, but does not give legal advice.
Views: 179 Gowling WLG
2016: The Top 10 Country Risks - September 29, 2016
Ever wonder if today’s world is riskier than ever before? EDC Economics periodically assesses the top 10 country risks facing Canada. This commentary is a check-in about what’s changed in the world since our last assessment, highlighting a select number of tail risks you should consider. Brought to you by Export Development Canada
Economic Risk of Foreign Exchange Risk
-- Created using Powtoon -- Free sign up at http://www.powtoon.com/youtube/ -- Create animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.
Views: 224 Alia Natasya
What is Political Risk?  - Forex Terminology
Sign up for our free Forex Workshop at: http://www.forexterminology.co.uk Learn To Trade's Senior Trading Mentor, James Bentley, explains to us what political risk is, and why it's important to take into account when trading on the Forex market: What is political risk? Political risk refers to decisions made by the government. Big events, like Donald Trump's presidency, and Brexit, can have a huge impact on the market. However, this doesn't mean there aren't trading opportunities, it means when trading we must have our risk management in place. The videos in this series will be ideal for beginners as they start their venture into investing in the Forex market, whether their aim is to develop a reliable second income, or start trading Forex as a full time career. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Learn To Trade is an award winning Forex education provider. We aim to develop great online content such as our YouTube series', "Forex Terminology", "Forex Weekly" and "Forex FAQ", so your Forex education can begin right here, and then progress on into our classrooms and professional Trading Floors in the UK, and around the world. When it comes to Forex trading for beginners, Learn To Trade has you covered! Visit our Website: https://www.learntotrade.co.uk/ SUBSCRIBE to our YouTube channel for more great videos: https://www.youtube.com/user/Learntotradeuk1 Find on Twitter: https://twitter.com/uklearntotrade Like us on Facebook: https://www.facebook.com/LearnToTradeUKOffice/ Follow us on Instagram: https://www.instagram.com/learntotrade.co.uk/ -~-~~-~~~-~~-~- Please watch: "Is Forex A Get rich Quick Scheme? - Forex FAQ" https://www.youtube.com/watch?v=oJGD6ykNOJI -~-~~-~~~-~~-~-
Views: 481 Learn to Trade UK
Exchange Rate Risk Investing Basics 101 Gennecho Finance
Gennecho Finance - Investing Basics 101 In this video we will go over the Exchange Rate Risk associated with Investing Personal Finance: Turning Money into Wealth by Arthur J. Keown http://amzn.to/2B3ROcR Sign up to Gennecho's weekly newsletter! http://gennechofinance.gr8.com/ Subscribe to our YouTube Channel Follow us on Twitter @GennechoFinance Like us on Facebook @gennechofinance Follow us on Instagram gennechofinance
Views: 13 Gennecho Learning
What is MACRO RISK? What does MACRO RISK mean? MACRO RISK meaning, definition & explanation
What is MACRO RISK? What does MACRO RISK mean? MACRO RISK meaning - MACRO RISK definition - MACRO RISK explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. Macro risk is financial risk that is associated with macroeconomic or political factors. There are at least three different ways this phrase is applied. It can refer to economic or financial risk found in stocks and funds, to political risk found in different countries, and to the impact of economic or financial variables on political risk. Macro risk can also refer to types of economic factors which influence the volatility over time of investments, assets, portfolios, and the intrinsic value of companies. Macro risk associated with stocks, funds, and portfolios is usually of concern to financial planners, securities traders, and investors with longer time horizons. Some of the macroeconomic variables that generate macro risk include unemployment rates, price indexes, monetary policy variables, interest rates, exchange rates, housing starts, agricultural exports, and even commodity prices such as gold. Models that incorporate macro risk are generally of two types. One type, used primarily by stock traders and institutions, focuses on how short-term changes in macro risk factors impact stock returns. These models include the arbitrage pricing theory and the modern portfolio theory families of models. The other models that incorporate macro risk data are valuation models or the closely related fundamental analysis models. Used primarily by those focusing on longer term investments including wealth managers, financial planners, and some institutional investors, these models are examples of intrinsic value analysis. In such analysis, forecasts of future company earnings are used to estimate the current and expected value of the investment being studied. Macro risk factors include any economic variables that are used to construct these estimates. Understanding that macro risk factors influence the intrinsic value of a particular investment is important because when the factors change values, errors can be introduced in the corresponding intrinsic value forecasts. Investors who follow the Black Swan Theory may try to reduce the overall exposure of their investments to different macro risk factors in order to reduce the impact of economic shocks. This may be accomplished using commercial portfolio optimization tools or by using mathematical programming methods. Another way macro risk is used is to differentiate between countries as potential places to invest. In this meaning, the level of a country’s macro risk differentiates its level of political stability and its general growth opportunities from those of other countries, and thus helps identify preferred countries for investment either directly or through country or regionally oriented funds. Such analysis of political risk is also used in the analysis of financial derivatives such as credit default swaps and other sophisticated financial products. International rankings of countries, often updated annually, provide insight into their relative political and social stability and economic growth. A new application of macro risk is essentially a converse of the first two meanings; it refers to how macroeconomics and fluctuations in financial variables generate political risk. For example, economic turbulence that leads to higher or lower levels of approval for the president’s policies would be a form of this macro risk.
Views: 371 The Audiopedia
Political Risk for internationally active enterprises
In this talk Johannes Leitner, head of the Competence Center for Black Sea Region Studies, takes a close look at risk factors in the markets of the Black Sea Region that are beyond economic risks such as GDP development, demand structures and competition. Instead, he unveils political risk factors that impact firm performance in these markets and will highlight the pitfalls of political systems which are characterized through the parallel existence of formal and informal institutions. Following a brief theoretical insight into political risk analysis he will discuss a number of cases from the Black Sea Region and conclude with managerial implications of these political risk factors.-- Created using PowToon -- Free sign up at http://www.powtoon.com/youtube/ -- Create animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.
Types of Risks Involved when Investing in Stocks, Bonds, and Real Estate
Let's make the financial world very simple and understandable. Types of risks involved with investing in stocks, bonds, and real estate. Have you ever wondered exactly how much risk is involved with the investing? It never fails, when I have new clients coming in, they say they want all of the upside but none of the downside. Basically, they want their cake and to eat it too. However, the problem is you can't invest without taking some risks.  We face a variety of risks when investing route. So today I'm going to go over what those are and how you can deal with them. Types of Risk Involved with Investing 1. Market risk The risk of investments declining in value because of economic developments or other events that affect the entire market. The main types of market risk are equity risk, interest rate risk, and currency risk.  Equity risk – applies to an investment in shares. The market price of shares varies all the time depending on demand and supply. Equity risk is the risk of loss because of a drop in the market price of shares. Interest rate risk – applies to debt investments such as bonds. It is the risk of losing money because of a change in the interest rate. For example, if the interest rate goes up, the market value of bonds will drop. Currency risk – applies when you own foreign investments. It is the risk of losing money because of a movement in the exchange rate. For example, if the U.S. dollar becomes less valuable relative to the Canadian dollar, your U.S. stocks will be worthless in Canadian dollars. 2. Liquidity risk The risk of being unable to sell your investment at a fair price and get your money out when you want to. To sell the investment, you may need to accept a lower price. In some cases, such as exempt market investments, it may not be possible to sell the investment at all. 3. Concentration risk The risk of loss because your money is concentrated in a particular type of investment. When you diversify your investments, you spread the risk over different types of investments, industries, and geographic locations. 4. Credit risk The risk that the government entity or company that issued the bond will run into financial difficulties and won't be able to pay the interest or repay the principal at maturity. Credit risk applies to debt investments such as bonds. You can evaluate credit risk by looking at the credit rating of the bond. For example, long-term Canadian government bonds have a credit rating of AAA, which indicates the lowest possible credit risk. 5. Inflation risk The risk of a loss in your purchasing power because the value of your investments does not keep up with inflation. Inflation erodes the purchasing power of money over time – the same amount of money will buy fewer goods and services. Inflation risk is particularly relevant if you own cash or debt investments like bonds. Shares offer some protection against inflation because most companies can increase the prices they charge to their customers. Share prices should, therefore, rise in line with inflation. Real estate also offers some protection because landlords can increase rents over time. 6. Horizon risk The risk that your investment horizon may be shortened because of an unforeseen event, for example, the loss of your job. This may force you to sell investments that you were expecting to hold for the long term. If you must sell at a time when the markets are down, you may lose money. 7. Longevity risk The risk of outliving your savings. This risk is particularly relevant for people who are retired or are nearing retirement. 8. Foreign investment risk The risk of loss when investing in foreign countries. When you buy foreign investments, for example, the shares of companies in emerging markets, you face risks that do not exist in Canada, for example, the risk of nationalization. 9. Call Risk  This is a risk for bond issues and refers to the possibility of a debt security being called before maturity. This typically takes place when interest rates are dropping. 11. Social / Political Risk  The risk associated with the possibility of nationalization, unfavorable government action or social changes resulting in a loss of value is called social or political risk. These are just a blip of the different types of risk that are involved with investing. You can experience any of these at any time! I tell you all that because investing is complicated, which is why I implore you to hire a CERTIFIED FINANCIAL PLANNER™. Making that choice could help make your life financially simple. Contact us if you have questions about these or any more of the risks involved with investing. Thanks for watching Types of risks involved with investing in stocks, bonds, and real estate. USEFUL LINKS: Financially Simple podcast - https://financiallysimple.com/podcast/ Financially Simple on Facebook - https://www.facebook.com/financiallysimple/ Financially Simple on Twitter - https://twitter.com/financiallysim
Exchange rate fluctuations affect small businesses
Entrepeneurship in the country faces bleak prospects in the wake on the headwinds facing the economy. Smaller business are more vulnerable than larger players to exchange rate fluctuations and economic downturns. Let's go back to Gunther Deutsch at the JSE. He's speaking to Mercantile Bank economist, Trudi Makhaya For more News visit: http://www.sabc.co.za/news Follow us on Twitter: https://twitter.com/SABCNewsOnline?lang=en Like us on Facebook: https://www.facebook.com/SABCNewsOnline
Views: 290 SABC Digital News
Political Risk, James Tompkins
This is the thirteenth and final lecture in the "International Finance" series in which I discuss Political Risk. What is it, how is it measured and how can multinational corporations protect themselves from or manage the political risks they face? For example, when Disney decided to open Eurodisney in France, they could have owned the entire operation outright. Instead they designed the financing and made other arrangements that significantly protected themselves from political risk. In this lecture, I discuss the logic underlying various measures that companies can take to manage their political risk.
Views: 3828 Understanding Finance
Currency risk for Dummies
Video Project
Views: 941 Ali Khansari
Eastern countries in the turmoil
EcoTV: The expertise of the economic research department of BNP Paribas. Sibylle Dehesdin: Last month we were discussing financial pressure that developed among Euro land countries. Some feared that the Euro land might split but today the fearing, the focus has shifted to Eastern Europe, why? Philippe dArvisenet: first of all, regarding Euro land you had official statements according to which if a bail out was necessary, it would be implemented, so it contributed probably to cool things down. And when it comes to Eastern Europe, a lot of these countries are impacted by a very difficult situation. First of all, they enjoy high rate of growth which was financed by capital coming from outside, inflows if you want. Second, there was a big wave of credit distribution that resulted in a housing bubble in some of these countries so this thing has burst to begin with, second, they are impacted by the fact that their main clients which are Western Europe countries are also experiencing a recession. Third, following all this, there is a necessity to finance these deficits, the finance is not there anymore because of risk, and consequently they had higher interest rate, that did not help of course, and a decline in their exchange rate which resulted in a very bad situation for many people who were indebted in foreign currency if you want. So, all this is announcing a very difficult situation to settle down. Sibylle Dehesdin: Doesnt it look like the Asian crisis? Philippe dArvisenet: yes and no. on the yes side I would say you have common features, for instance, big deficits. For instance, the fact that people, banks households in Eastern Europe are indebted in currency which is not the currency in which they have their income so they are exposed to exchange rate risks, thats common. I would say, beyond these ingredients, things are worse in the sense that you have several Eastern European countries with deficits which are much higher than they were back in 96 the year before the Asian crisis burst for instance in Thailand, which was the first country affected. And the worst in terms of deficit, in 96, it was close to 8% of the GDP. When you compare that to countries like Ukraine, it is 11%, if you compare that to Romania it is 13%, if you compare that to Bulgaria it is nearly 25%. So the situation is worse, for that, and also because at that time, you could have a recovery in the Asian countries in 98-99 just because there was growth somewhere else, everywhere except Asia, if you want. Now we are in a global recession and you cannot rely on the neighbour to help. Sibylle Dehesdin: and what about integrating more rapidly some of these countries to the Euro zone? Philippe dArvisenet: that would obviously help in terms of exchange rate because the exchange rate would disappear. Unfortunately, all countries are not prepared to an extent. So, you have countries for which it would be easy, others not. Anyway, in order to achieve that, you would have to forget some of the criteria to get in Euro land because they do not make sense anymore, for instance, inflation. Sibylle Dehesdin: Thank you Philippe And your editorials are on line each week on the economic department website: http://economic-research.bnpparibas.com
Views: 387 EcoTVBNPParibas
FT-MIGA Summit: Managing Global Political Risk - Jan Randolph
Jan Randolph Director of Sovereign Risk, Economics and Country Risk IHS Global Insight Jan Randolph is Head of the Sovereign Risk Group at IHS Global Insight. Mr Randolph is an experienced international economist and country risk manager. He has held positions in a variety of international financial risk management firms in financial services and has over six years of international economics experience with IHS. He holds graduate degrees from the Universities of London and Bristol.
Views: 242 MIGA
Money Transfer Explained
Money transfer services can save you a lot of money when doing international transfers compared to the ATM or the bank. How do they work and are they worth the effort? Recommended money transfer services: **1st choice** CurrencyFair https://www.currencyfair.com/?channel=RGN3H1 [Referral link. Free transfer + 30€ bonus if you transfer 2000€ or equivalent] Usually the least expensive, but also the smallest list of supported currencies/countries. Use CurrencyFair first if your money comes *from* Europe, UK, Australia or any country where CurrencyFair has a local bank account. List of supported currencies to ‘send in’: https://app.currencyfair.com/support/en/sending-in/16 Check if they have a local account to ‘send in’ your currency: https://www.currencyfair.com/how-it-works/exchange-process-times/ (For example, they do not have local accounts in the US, Canada and New Zealand even if they accept the respective currencies.) **2nd Choice** TransferWise http://bit.ly/creativenomad_TW4 [Referral Link to support this channel. The free transfer promotion has been phased out! Sorry. :( ] Use TransferWise first if your money comes *from* the US, Canada, New Zealand or any supported country with a local account. Also use them to get an extra free transfer after using up your CurrencyFair freebie. List of supported countries here: http://bit.ly/creativenomad_TW5 List of supported currencies here: http://bit.ly/creativenomad_TW6 How to make a transfer step-by-step here: https://www.youtube.com/watch?v=EWCFao8kcbI **3rd Choice** XE.com http://www.xe.com/xemoneytransfer/ Use XE.com if you need to transfer from a currency/country that is not supported by CurrencyFair or TransferWise, like sending money *from* Mexico. List of supported currencies here: http://www.xe.com/xemoneytransfer/ca/#currencies **EXTRA INFO** Good post comparing various money transfer services: https://www.currencyfair.com/blog/money-transfer-companies-compared/ Excellent website that compares various services including spread and fees for a given trade: https://moneytis.com/ Tips: ** You need a bank account at both ends of the transaction. The receiving account usually doesn't have to be yours, so you can use a (trusted!) friend's account if your are in a pinch. ** Compare your particular trade between services, pricing varies a lot depending on countries and currencies. ** Money transfer services are usually slow. The delay can be from a few hours to a few business days to more than a week in some cases. Plan ahead. ** Always test a new transfer service with a smaller amount first (a few hundred dollars or equivalent) to make sure everything is working as expected. ** Break down very big transfers into smaller chunks. It minimizes risk if anything goes wrong and it avoids getting flagged by government checks (usually around 10000US$, varies by country). It also evens out variations in the exchange rate if you do multiple transfers over a few weeks instead of all on the same day.
Views: 71506 CreativeNomad TV
Currency risk Meaning
Video shows what currency risk means. A form of risk resulting from changes of currency exchange rates.. Currency risk Meaning. How to pronounce, definition audio dictionary. How to say currency risk. Powered by MaryTTS, Wiktionary
Views: 657 ADictionary
South Africa vs Kenya! Battle of the Emerging Markets...
South Africa became part of the BRICS group back in twenty ten and its clear to see why. From two thousand and two through to two thousand and eight, the country experienced annual growth averaging a tad under five percent per year and at times during that period it had teased the eight percent level giving a glimpse of the possibilities ahead. With vast natural resources such as gold, diamonds and platinum, excellent infrastructure and easy access to finance for business it had all the right ingredients in place for this trend to continue. The global recession hit hard however and, after a sharp contraction in the economy of six percent, it never really found its feet again. An increasingly corrupt government and high crime rates haven’t helped win foreign investment back into the region and South Africa’s currency, the rand, has lost fifty percent of its value against the dollar in the last five years. Nearly a third of that loss has been in the past year alone. Just like it famous cured meat called Biltong – that’s got to be tough to swallow. Today the economy is a shadow of its former self. Roughly a quarter of the population is unemployed, commodity prices have slumped and major exports such as iron ore and platinum are tumbling. The country is also in the grip of an energy crisis. State-owned Eskom, the utility company which generates around ninety five percent of the country’s energy is suffering from years of underinvestment. The result is rolling blackouts across the country to manage demand and this has had a major impact in the South Africa’s economic recovery. Mounting debt and a poor economic outlook have led to the major credit ratings agencies suggesting a downgrade of their credit status to junk in their next review. A move which will put the final nail in the coffin of a possible South African recovery and leave their Rugby team as the only thing worth keeping an eye on for the foreseeable future. With South Africa’s emerging market crown now sitting in pieces around President Zuma’s feet, you would think the obvious choice as its successor would be Nigeria. Its large economy has performed well in recent years, but the drop in oil prices has hit the country hard. Currency has weakened, inflation has moved into double digit figures and the country has fallen into recession. Egypt is viewed as part Africa, part Middle East, but it’s in no state to pick up the baton either. Tourism has taken a heavy hit following flight bans to Sharm el-Sheikh after the downing of a Russian passenger jet in 2015. The country has just received a twelve billion dollar bailout from the IMF in return for a range of strict austerity measures to try and get it back on its feet. So step forward Kenya. An economic minnow when it comes to GDP but one that has shown amazing resilience and stability for well over a decade. It’s averaged growth of over five point four percent since two thousand and four and managed to maintain a positive outlook even when the rest of the world was reeling from the two thousand and eight recession. Agriculture, Forestry and Fishing account for roughly one quarter of the country’s economy. Manufacturing and tourism are also strong industry sectors, but there’s no single industry which Kenya is reliant upon to drive its economy. It’s this diversity along with extensive investment in infrastructure over the past few years which has seen Kenya become the economy on the move in the African continent. Unlike its oil producing neighbours South Africa, Egypt and Nigeria who have all been hit hard by the slump prices, Kenya imports almost all of its energy needs and has benefited hugely from shrinking oil prices. That’s allowed it to divert some of its funds into a fledgling renewables sector and with a recent Deloitte report projecting an above six percent growth pattern for the next five years at least, you’d have to uncover some pretty compelling evidence to suggest that Kenya won’t continue its growth surge for many more years after that. What we’ve learnt above all else though from this video series, is that emerging economies are unpredictable. A country that seems like it might become the next economic superpower one minute, can be down on its knees scrabbling for pennies in the dirt the next. The rapidly changing social, political and economic nature of emerging economies are what make them so exciting to investors the world over. But it’s those same rapidly changing processes that can also become their downfall. There’s no doubt that emerging markets provide some of the best opportunities in the world for the savvy investor to trade, but with great opportunity comes great risk. So if you’re thinking of dipping your toe in the waters of the emerging markets without some detailed research and a strong risk management strategy, be very careful out there.
Views: 61777 Elite Investor TV
Exchange Rate Determination and Forecasting
Subject: Management Courses: International Finance
Trade Wars: How they work and who they impact
Experts say trade wars have historically been damaging to both the country imposing the tariffs and those having to pay them. So why is U.S. President Donald Trump insisting on entering a trade war? Aalia Adam leads the latest installment of "Global News Explains," as she explores why the protectionist methods of trade wars create environments where everyone loses and how the U.S. only needs to look to the Great Depression to understand the perils of aggressive trade tariffs. For more info, please go to https://globalnews.ca/?p=4334271&preview=true Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Like Global News on Facebook HERE: http://bit.ly/255GMJQ Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt #GlobalNewsExplains
Views: 37582 Global News
How to minimise political risk
Political risk cannot be avoided, but it can be managed. Investors usually take measures to lower the probability of a risk affecting them, and to reduce its effects if it becomes a reality. The simplest way to manage political risk is to avoid investing in a region affected by that risk. It is however equally important to have a plan in place in case you do find your investments are impacted by political events. This will better position you to ignore market noise and make sound investment decisions. Hot topics: • What is political risk? • What are the implications? • How can you protect yourself and your family? • Is investing offshore the best option?
Views: 117 PSG Konsult
Understanding the Exposure you have to Currency Risk
Please join us for our free upcoming seminars. To register go to www.thefinancialtoolboxguru.com. We hope to see you there!!
Sasha Molchanov: Political Risk | Big Issues in Business
Associate Professor Sasha Molchanov shares his research insights on exporting to politically risky countries and provides key learnings for businesses looking to export internationally. Click 'SHOW MORE' below for more information. The New Zealand government has the stated a target of lifting exports to 40% of GDP by 2025. For firms wishing to grow by exporting internationally, there are many decisions to be made about where and when – but many companies fail to consider political risk. Find out more about Massey University’s Business School: http://bit.ly/1rAUJPT Find out more about Sacha: http://bit.ly/1wqTv8f Other videos in this series: Women in Leadership: http://bit.ly/1yxaJ8n Measuring the Return on Marketing Investment: http://bit.ly/1Bx6HxI Entrepreneurship and Innovation: http://bit.ly/1vLxm6O Diversity Management is Dead: http://bit.ly/1wY3VzT The Living Wage: http://bit.ly/1yz4UST Connect with Massey University: Massey's Twitter: https://twitter.com/masseyuni Massey's Facebook: https://www.facebook.com/masseyuniversity Massey's Instagram: http://instagram.com/masseyuni Massey's LinkedIn: http://www.linkedin.com/company/massey-university Massey's Website: http://goo.gl/99KfgQ Disclaimer: http://goo.gl/hwAbwu __________________________ Thanks to 90 Seconds for the production of these videos. Find out more about 90 Seconds by visiting their website: http://90seconds.tv/
Views: 2593 Massey University
Country Risk Premium Analysis with Leverage
Find courses at htpp://financeenergyinstitute.com Find files at htpp://edbodmer.com Describes how to use goal seek macros and debt and equity risk premiums to derive implicit probability of expropriation. Demonstrates that risk premiums used overstate true risk.
Views: 130 Edward Bodmer
What is SMITHSONIAN AGREEMENT? What does SMITHSONIAN AGREEMENT mean? SMITHSONIAN AGREEMENT meaning - SMITHSONIAN AGREEMENT definition - SMITHSONIAN AGREEMENT explanation. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. The Smithsonian Agreement is an agreement, announced in December 1971 that created a new dollar standard whereby the major currencies of the mostly highly industrialized nations were pegged to the US dollar at central rates, with the currencies being allowed to fluctuate by 2.25%. The Smithsonian Agreement was created by the Group of Ten (G-10) nations (Belgium, Canada, France, Germany, Italy, Japan, the Netherlands, Sweden, the United Kingdom, and the United States) raised the price of gold to 38 dollars, a 8.5% increase over the previous price at which was the US government had promised to redeem dollars for gold. In effect, the changing gold price devalued the dollar by 7.9%. The Bretton Woods Conference of 1944 established an international fixed exchange rate system based on the gold exchange standard, in which currencies were pegged to the United States dollar, itself convertible into gold at $35/ounce. A negative balance of payments, growing public debt incurred by the Vietnam War and Great Society programs, and monetary inflation by the Federal Reserve caused the dollar to become increasingly overvalued in the 1960s. The drain on US gold reserves culminated with the London Gold Pool collapse in March 1968. On August 15, 1971, President Richard Nixon unilaterally suspended the convertibility of US dollars into gold. The United States had deliberately offered this convertibility in 1944; it was put into practice by the U.S. Treasury. The suspension made the dollar effectively a fiat currency. Nixon's administration subsequently entered negotiations with industrialized allies to reassess exchange rates following this development. Meeting in December 1971 at the Smithsonian Institution in Washington D.C., the Group of Ten signed the Smithsonian Agreement. The US pledged to peg the dollar at $38/ounce (instead of $35/ounce; in other words: the USD rate lost 7.9 %) with 2.25% trading bands, and other countries agreed to appreciate their currencies versus the dollar: Yen +16.9 %; Deutsche Mark +13.6 %, French Franc +8.6 %, British pound the same, Italian lira +7.5 %. The group also planned to balance the world financial system using special drawing rights alone. Although the Smithsonian Agreement was hailed by President Nixon as a fundamental reorganization of international monetary affairs, it failed to encourage discipline by the Federal Reserve or the United States government. The dollar price in the gold free market continued to cause pressure on its official rate; soon after a 10% devaluation was announced on 14 February 1973, Japan and the OEEC countries decided to let their currencies float. A decade later, all industrialized nations had done so.
Views: 746 The Audiopedia
HSBC Is `Slightly Constructive' on Asian Currencies: Bloom
Jul.09 -- David Bloom, global head of foreign-exchange research at HSBC, discusses the outlook for a U.S.-China trade deal and what that means for Asian currencies. He speaks on "Bloomberg Surveillance."
The case for global investing: Protecting against currency risk
Protecting against currency risk and increasing your opportunity set are just a few of the many benefits of investing globally, says Trimark lead portfolio manager Erin Greenfield. For more information visit invesco.ca Focus fund: Trimark Global Balanced Fund
Views: 339 InvescoCanada
Stock Market Economy Melt UP As Fed Rate Cuts Loom and Gold Silver Bull Market
Stock Market Economy Melt UP As Fed Rate Cuts Loom and Gold Silver Bull Market MMGinvest/WolfPack Cryptos is [Educational channel NOT investment advice, consult your financial advisor] Equities, Commodities and Crypto Currencies are highly volatile assets MMG/WPC highly recommends you consult your financial advisor and do your own research. All gains and losses are due to your own decision making and MMGinvest/WolfPackCryptos LLC is geared towards creating an educational community in the realm of investing within financial markets and cannot guarantee any profits or prevent losses. You should never risk any money you cannot afford to lose this is a new market full of scams and start-up ventures hence high-risk assets with a high failure rate. [[MMG Website]] https://mmginvest.com MMGinvest Free Telegram Chat room Link: https://t.me/MMGinvest Instagram: mastermind_group Laszlo's Twitter: @MMG_invest Come check out WolfPack Cryptos Website, Telegram, Twitter and DTube: For Private Members area please visit our Website and email us or contact Admin in the Free Telegram room. WPC Website: https://www.wolfpackcryptos.io/ WPC Free Telegram Group: https://t.me/wolfpackcryptos WPC Free News Room + Market Updates: https://t.me/WolfPackCryptosNews WPC Twitter: https://twitter.com/WolfPackCryptos WPC MoonRekt Crypto Comedy chat room: https://t.me/MoonRekt Use the Brave Browser they will not collect your data: https://brave.com/wol821 NordVPN Service, 2 years of service for the low price of only $95.75 in total, or $3.99 per month. This deal gives users an exclusive 66% discount., surf the web anonymously and securely. VPN are easy to use and available for your smartphone as well, protect your data and shield yourself from Hackers. Link: https://go.nordvpn.net/aff_c?offer_id=15&aff_id=14644&url_id=902 Protect yourself from AI and algorithms and mass data collection on everything you do, have you ever noticed when you shop online prices sometimes change for the same products you are searching for "prices always go higher" this is because algo's can determine how much you are willing to pay rather than find the cheapest bargain. Most of the time they put on the screen the prices you are willing to pay or paid advertisement assuring you do not even see cheaper prices from all competitors, a good example is Amazon it always populates your feed first when searching google because they buy prime real estate on the web. Using VPN when shopping can help mask who you are and help you find the cheapest prices. VPN discount Link: https://go.nordvpn.net/aff_c?offer_id=15&aff_id=14644&url_id=902 Being based in Panama, NordVPN falls under the country’s jurisdiction and Panama has no data retention laws; A strict no logs policy . We want to ensure user privacy and security, therefore we never log useractivitvity Military-grade AES-256-CBC encryption and a variety of protocols to choose from: OpenVPN (UDP and TCP), PPTP, L2TP/IPSec, IKEv2/IPSec; Risk-free 30-day money-back guarantee Unlimited bandwidth and data; 2832 servers located in 59 countries (the server number is always growing); Fast speed servers that are also reliable and consistent; Multiple ways to contact 24/7 customer support (live chat, email, ticket system); A CyberSec feature that blocks dangerous websites and lets users avoid annoying An automatic kill switch (can kill individual processes or kill whole internet connection); 6 simultaneous connectionsP2P friendly;Works in countries (China, the Middle East countries) where internet access is restricted, and strong censorship is in place; Double encryptionto ensure top level privacy and security For crypto trading and buying Altcoins check out the Binance exchange, one of the most used with the largest amounts of volume: https://www.binance.com/?ref=26075300 TradingView best FREE charting software and discounts for PRO members with access to all indicators and charting tools: https://tradingview.go2cloud.org/aff_c?offer_id=2&aff_id=11798 For extra security get a burner phone number to use everywhere when signing up to telegram and social media: https://www.burnerapp.com/ or Hushed app. McAfee antivirus can be used on multiple computers and smartphones For Organic meat at affordable prices delivered to your home [PROMO FREE Lifetime Beef] visit http://fbuy.me/j5SSD for $120 you can receive a whole months worth of organic free range grass fed poultry. A healthy diet is essential for healthy brain function, to look good, feel good and to avoid cancer and hormonal imbalances. (only available in the US)
Views: 228 MMG invest
Credit default swaps | Finance & Capital Markets | Khan Academy
Introduction to credit default swaps. Created by Sal Khan. Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/core-finance/derivative-securities/credit-default-swaps-tut/v/credit-default-swaps-2?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Missed the previous lesson? Watch here: https://www.khanacademy.org/economics-finance-domain/core-finance/derivative-securities/credit-default-swaps-tut/v/credit-default-swaps-cds-intro?utm_source=YT&utm_medium=Desc&utm_campaign=financeandcapitalmarkets Finance and capital markets on Khan Academy: Interest is the basis of modern capital markets. Depending on whether you are lending or borrowing, it can be viewed as a return on an asset (lending) or the cost of capital (borrowing). This tutorial gives an introduction to this fundamental concept, including what it means to compound. It also gives a rule of thumb that might make it easy to do some rough interest calculations in your head. About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We've also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to Khan Academy’s Finance and Capital Markets channel: https://www.youtube.com/channel/UCQ1Rt02HirUvBK2D2-ZO_2g?sub_confirmation=1 Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy
Views: 640437 Khan Academy
Iraqi Dinar News | Secret Meetings in Iraq
Today's Iraqi Dinar News for July 9th, 2019. There are no new articles on the Central Bank of Iraq website. Rate: CBI: 1190.000 XE: 1190.06 Secret meetings between United States officials and Iranian representatives were conducted in a hotel in Erbil, Iraq, 'The Iranian Communist Party,' a Kurdish opposition party, announced that some of the major Kurdish parties have secretly met with Iranian officials for the past two years. A qoute from Mohammad Mohie, spokesman for Iraqi Hezbollah (is an Iraqi Shia paramilitary group that is supported by Iran. They fought the US when America invaded Iraq) "The US embassy should be condemned for its role in Iraq as well as the US forces," said Mohie. "We have been in a confrontation with Washington ever since its entry into Iraq because of the crimes it committed. America cannot be trusted or dealt with properly." Any disruption in the oil exports flowing through the Strait of Hormuz will be a “major obstacle” for Iraq’s economy, Iraq’s Prime Minister Adel Abdul Mahdi said on Tuesday as tensions continue to flare up in the Middle East Iran has threatened to close the Strait on numerous occasions in response to US or EU actions. Iraq has been studying ways around the vital chokepoint for oil exports for some time, but its options for doing so are limited. Most of Iraq’s oil is shipped through southern terminals, Abdul Mahdi said. Iraq’s landlocked positioning in the Gulf means that all of its southern exports must travel through the precarious Strait of Hormuz. “China gets 91% of its Oil from the Straight, Japan 62%, & many other countries likewise. So why are we protecting the shipping lanes for other countries (many years) for zero compensation,” President Trump tweeted at the end of June as tensions started to run high after two oil tankers were attacked in the Gulf of Oman. Recent months have seen a bout of instability in the region, with six tankers attacked since May amid escalating tensions between Tehran and Washington. The ministry was tasked with conducting feasibility studies and looking at investment models to build a major pipeline to export oil from southern Iraq to Jordan’s Aqaba port, he said. Fed chief is expected to lay out a case for rate cuts but not commit to when or how much they could move. Powell may also sound more hawkish than expected, as he is likely to defend the Fed’s independence in response to questions about President Trump’s criticism of Fed policy. Market pros expect Powell to explain that the Fed is ready to take action to sustain the recovery, in the face of economic activity that is more “downbeat” and the risks from global slowing and trade wars. Jim Caron, portfolio manager with Morgan Stanley Investment Management, “My sense is that Powell is more concerned about global financial conditions (weak global PMIs, low global inflation, weakening growth everywhere) than he is pacified by a strong US labor market,” Caron wrote in an email. “I know the market is pricing 25bps in July. I’m leaning toward 50bps but it’s a close call. I think it’s a closer call than the market is pricing.” More than other Fed chiefs, Powell has faced a barrage of public criticism from a president who disagrees with the way the Fed has been handling monetary policy. President Donald Trump has also reportedly looked into replacing the Fed chief. “He’s not going to pre-commit to any policy action.. If he wants to talk the market out of a July rate cut, he needs to do it this week,” According to the World Gold Council, central banks have increased gold demand up 73% since 2018. China’s central bank is reportedly developing its own digital currency in response to Facebook’s Libra as the latter could purportedly pose a risk to the country’s financial system, the South China Morning Post reported on July 8. Wang Xin, director of the People’s Bank of China (PBoC) research bureau, argued that “if [Libra] is widely used for payments, cross-border payments in particular, would it be able to function like money and accordingly have a large influence on monetary policy, financial stability and the international monetary system?” “If the digital currency is closely associated with the U.S. dollar, it could create a scenario under which sovereign currencies would coexist with U.S. dollar- centric digital currencies. But there would be in essence one boss, that is the U.S. dollar and the United States. If so, it would bring a series of economic, financial and even international political consequences.” DON'T CLICK HERE: https://www.youtube.com/vitalbrad/?sub_confirmation=1
Views: 9656 Vital Brad
PBS NewsHour full episode June 24, 2019
Monday on the NewsHour, President Trump levies new sanctions on Iran after weeks of building tensions between the two countries. Plus: Presidential action on hidden hospital costs, an interview with Paul Ryan, 2020 Democrats campaign in South Carolina, Politics Monday, Palestinians in crisis, the 50th anniversary of the Stonewall Riots, a political standoff in Oregon and a historic Italian violin. WATCH TODAY’S SEGMENTS: Amid elevated tensions, Trump levies new sanctions on Iran https://www.youtube.com/watch?v=wD96xCrBXAI News Wrap: Children removed from El Paso detention center https://www.youtube.com/watch?v=wVpVYWEcq8k Will Trump's push for transparency on medical costs pay off? https://www.youtube.com/watch?v=kVUtwXZY02k Paul Ryan on why the 2020 election is Trump's to lose https://www.youtube.com/watch?v=qWrxgkZCYiU How 2020 Democrats are trying to connect with black voters https://www.youtube.com/watch?v=1dmxP9kOvNM Tamara Keith and Thelisha Eaddy on South Carolina in 2020 https://www.youtube.com/watch?v=heBMnzyr7VI What Palestinians want more than Trump's peace plan https://www.youtube.com/watch?v=FIfGrDhG9e8 Why Stonewall Riots marked a 'sea change' for LGBTQ rights https://www.youtube.com/watch?v=ZaIP8GgtDrw Why 11 Oregon state senators aren't showing up for work https://www.youtube.com/watch?v=38ZLboPCAGg Why this Italian violin travels with its own security https://www.youtube.com/watch?v=XcViXMMTqF4 Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG Find more from PBS NewsHour at https://www.pbs.org/newshour Subscribe to our YouTube channel: https://bit.ly/2HfsCD6 Follow us: Facebook: http://www.pbs.org/newshour Twitter: http://www.twitter.com/newshour Instagram: http://www.instagram.com/newshour Snapchat: @pbsnews Subscribe: PBS NewsHour podcasts: https://www.pbs.org/newshour/podcasts Newsletters: https://www.pbs.org/newshour/subscribe
Views: 89849 PBS NewsHour