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kohlig

Foreign unemployment fall cuts jobless rat - 0 views

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    Foreign unemployment fall cuts jobless rate Published on: 10 Apr 2015 09:23 CET Facebook Twitter Google+ reddit Switzerland's official jobless rate fell in March to 3.4 percent from 3.5 percent in the previous month, driven by a drop in foreign unemployment, according to government figures released on Friday. The decline marks the first time since June 2014 that the rate has fallen in a further indication that the Swiss economy is so far weathering the rise in the value of the franc, which forecasters have said will cut growth this year. The percentage of foreigners registered as out of work tumbled to 6.7 percent from seven percent, while the rate for Swiss citizens remained unchanged at 2.3 percent, the State Secretariat for Economic Affairs (Seco) said in its monthly report. The number of unemployed registered in regional job placement offices in March dipped by 4,813 from the previous month to 145,108, Seco said. But the jobless rate last month remained above the 3.3 percent level in March 2014. The rate declined or remained the same in all 26 cantons with the canton of Valais recording the biggest fall, from to 4.6 percent from 5.4 percent. Neuchâtel registered the highest rate (5.7 percent, down from 5.8 percent), just ahead of Geneva (5.6 percent, unchanged). Obwalden had the lowest rate at one percent, down from 1.1 percent. Unemployment in Zurich, Switzerland's largest job market, remained unchanged at 3.6 percent. The impact of the strong franc may not have yet affected the Swiss job market but observers believe that unless the currency weakens, jobs cuts can be expected. In January, the Swiss National Bank abandoned a policy of maintaining a euro floor of 1.20 francs and foreign exchange traders immediately bid up the value of the franc. On Friday, with uncertainty about Greece's finances lingering, the euro was trading at around 1.04 francs, making life difficult for Swiss exporters selling products into the eurozone, the biggest ma
camiellalouisa sehidou

EMERGING MARKETS-Most Latam currencies weaken on oil drop, China worries - 2 views

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    China is known for being a very populous state and the leading commodity producer, as a matter of fact American trade with China is considered one of the largest trading markets. So it would be expected that China's depreciation is affecting so many countries. The Mexican peso dropped by 1.1%, and the Colombian peso by 1.3% . This means their the amount of Chinese money that could be exchanged with just one of that country's peso has decreased. Economists are blaming it on falling oil prices and weak economic data. This was foreseen depreciation was foreseen as oil demand was already decreasing and investments into China were low so as preparation Colombia has raised its lending rate. This could work and help combat the inflation that has been caused because it would influence trade and investments. This is all in hopes that the exchange rate will rise again.
atembeshu fonge

Argentina's currency is crashing by 30% - 4 views

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    The Argentinian peso had been under strict currency controls for the past four years under former president Cristina Fernandez de Kirchner.The exchange rate had been going for 9 pesos per US dollar and is not going for 14 pesos per US dollar which was previously only seen in the black market. Former president Kirchner had put the controls in place in attempt to control Argentina's inflation. The new government are hoping to improve exports of agricultural commodities.
jonathanwiseman

U.S. Inflation Undershoots Fed's 2% Target for 42nd Straight Month - 0 views

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    This article, published by the Wall Street Journal on November 25, 2015, describes the anticipated and actual inflation measures for the month of November. The article describes how real inflation in the United States has continued to be below anticipated inflation. Also mentions exchange rates and price indexes.
temitopeagoro

Why are Commodity prices rising - 0 views

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    the price of commodities are rising which is leading to an increase in demand of the commodities. Also Agregate demand is increasing due to lower exchange rates, higher equity prices, and higher inflation expectations.
jonathanwiseman

Azerbaijan's currency market stable, minister says - 0 views

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    Azerbaijan has moved to a floating exchange rate, after 2015 saw the country devaluate its currency twice. Also deals with problems of balance of payments and foreign currency flows.
jonathanwiseman

Balance of trade: US trade deficit grows in 2015 as exports fall - 2 views

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    The US trade deficit (current account deficit) grew again in 2015, and for the first time since 2012 the credit from US exports has decreased. The article also discusses the impact of the US' high exchange rate, and the role of the US in the global economy (stimulating other economies).
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