China’s development of a digital yuan could threaten the dollar’s position as the world’s leading currency. (See “Dollar Under...
Tag Archive for: jul 27 2021
RUSSIA BOOSTS INTEREST RATE TO 6.5 PERCENT
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jul 27 2021, 3To head off further inflation, Russia’s central bank has raised its benchmark interest by a full point, its largest...
Starting Monday this week, Canfor Corp., one of the continent’s largest lumber producers, has been forced to cut back...
FROSTS ENDANGER BRAZIL’S COFFEE CROP; PRICES SPIKE
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jul 27 2021, 1Futures prices for Brazil’s 2022 arabica coffee harvest rose past $2 a pound last week, a level not seen...
EV BATTERY MATERIALS TO BE IN SHORT SUPPLY FOR YEARS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jul 27 2021, 0Lithium carbonate, used to make battery cathodes for electric vehicles (EVs), will be increasingly scarce (see related story in...
INVESTORS BET ON AN ENERGIZED LITHIUM MARKET
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jul 27 2021, 0Investors expect lithium, a key metal in batteries for portable devices, to play an even bigger role in a...
COAL PRICES TURN IN A GOLDEN PERFORMANCE
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jul 27 2021, 0Since the beginning of this year, the price of benchmark Australian thermal coal—one of the dirtiest energy sources—has zoomed...
ECB PLEDGES TO KEEP RATES LOWER LONGER
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jul 27 2021, 2The European Central Bank (ECB) will keep interest rates at record-low negative levels until inflation settles at the bank’s...
STRONG DOLLAR THREATENS DEVELOPING NATIONS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jul 27 2021, 2The dollar’s value has risen this month and remains close to its high point this year (see related story...
After setting a new price record above $34,000 (“Tin Prices Set New Record”, Trends Journal, 20 July 2021), tin...
EUROPE’S ECONOMY POISED TO SURGE, SURVEYS SAY
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, jul 27 2021, 2After a sluggish vaccination campaign and slow start to a recovery, Europe’s economy should rebound sharply in the next...
POLL: TODAY’S CHILDREN WILL BE POORER THAN THEIR PARENTS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jul 27 2021, 1Sixty-four percent of adults across 17 countries believe their children will live in worse financial condition than their parents,...
Coca-Cola’s organic revenue in this year’s second quarter was 37 percent more than the same period last year, also...
SALES DOWN AND PRICES UP AT CONSUMER PRODUCTS COMPANIES
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jul 27 2021, 1Sales were down 3 percent in this year’s second quarter at Kimberly-Clark, maker of such consumer staples as Huggies...
CEOs TO WORKERS: BACK TO THE OFFICE – NOW
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jul 27 2021, 1Several large corporations are mandating white-collar workers to return to offices starting after Labor Day or, in many cases,...
At this week’s U.S. Federal Reserve meeting, the Banksters will discuss when to begin tapering off the central bank’s...
PRIVATE EQUITY PARTNERS TARGET $5 BILLION IN RENTAL HOUSES
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, jul 27 2021, 4Toronto-based Tricon Residential Inc., which owns apartment buildings and about 25,000 rental houses across North America, has partnered with...
The number of U.S. home sales grew 1.4 percent in June from the month before, and 22.9 percent year...
New claims for unemployment benefits jumped to 419,000 in the week ending 17 July, the highest number since 15...
While the dollar weakened a bit today, the U.S. Dollar Index showed the buck’s value hovering near its highest...