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A Weaker US Dollar Expected This Year

Cisco shares drop on tech spending concerns Reuters - Shares of Cisco Systems Inc (CSCO) fell 9 percent in premarket trading on Thursday, after the network equipment maker forecast weaker-than-expected quarterly results on growing worries about the European … more

Apple's third-quarter earnings report on Tuesday was by and large a disappointment, as iPhone sales were much weaker than forecast, with the tech giant selling only 26 million units.

October 6, 2011, Los Angeles - The price of Gold rose in choppy trading 1.08 percent or $17.50 to close at $1,641.60 an ounce on Wednesday, amid a broad based rally in the commodities complex thanks to a weaker dollar and bargain hunting that pushed Gold prices higher. Silver gained 0.89 percent or $0.27 to close at $30.18 an ounce while the Gold/Silver ratio edged up to 53.91 as Silver under-performed Gold.

The most important capital that a bank has is the capital of trust and investor confidence. A small decline in a bank's solvency likelihood can have a large negative effect on investor confidence, which in turn can impair the bank's ability to conduct business. Therefore, more than any other business it is extremely important for banks to maintain a sufficiently high credit worthiness. While there are multiple dimensions of credit risk of a bank, our risk index consolidates them into one easy to interpret number. A higher safety index indicates relatively safe banks with very sound ability to pay back its liabilities in a timely manner. Such a bank can benefit tremendously in terms of lower cost of funds, lower deposit insurance premium, better trade terms in the inter-bank markets among other things. Eventually a sound safety rating should allow banks to compete aggressively in the lending market and capture market share away from its weaker counterparts.

n a weaker than expected market environment, BASF sales in the third quarter of 2015 were €17.4 billion, 5% below the level of the previous third quarter. EBITDA increased by €358 million to €2.9 billion, mainly due to higher depreciation. In contrast, income from operations (EBIT) before special items declined by €171 million to €1.6 billion. In the Chemicals segment, EBIT before special items rose slightly, while it increased sharply in the Functional Materials & Solutions segment. In the remaining segments, earnings declined significantly

The grim outlook surely has businesses shaking. Australia's education and travel sectors are already counting losses from the coronavirus spread overseas. On March 3rd, RBA governor Philip Lowe warned about the impending knock-on effect domestically: "The uncertainty that it [the coronovirus outbreak overseas] is creating is also likely to affect domestic spending. As a result, GDP growth in the March quarter is likely to be noticeably weaker than earlier expected."