Daily Management Review
Economics

Now that Italy has Voted No, here’s What Mario Draghi and the ECB could do

In the wake of Italy's outright rejection of proposed constitutional reforms in Sunday night's referendum, expectations that the European Central Bank (ECB) will announce a six-month extension of its massive, trillion-euro bond-buying program on Thursday.   ECB is...

Italian referendum challenges streght of the euro

Citi expects devaluation of the euro against the dollar by 7.5%. to the level of 0.98 euro to the dollar, in the next 6-12 months, the bank said in a report to investors. Now, it is around $ 1.06 per euro. Within three months, the bank's analysts expect a decline to $ 1.05 per euro, and then - for...

Level of unemployment in the US confirms expectations of Fed's rate hike

178,000 jobs were created in the US economy in November. The unemployment rate fell from 4.9% in October to 4.6% in November. This is the lowest figure since August 2007. Even before data of the Ministry of Labor was published, market of interest rate futures showed 100% probability of rising...

After Cash Crunch, Dramatic Slowdown in India’s Economic Growth Anticipated

Data that upholds its ranking as the world's fastest-growing economy have been revealed by India once again. But as a cash squeeze engineered by Prime Minister Narendra Modi's government looks set to hit growth in the coming quarters, the South Asian giant may not able to retain that title for...

November Growth for Asia’s Factory Activity, but Analysts say it may have Peaked

Masking concern about the protectionist leanings of U.S. President-elect Donald Trump and an OPEC-induced oil price rally, China's factories notched their strongest growth in activity in two years and Japanese firms' order books rose in November.   While activity in Japan's factories was...

Bank of England’s Growing List of Concerns is Topped by China’s 'Extraordinary Leverage'

According to a report published on Wednesday which warns that risks to global stability have spiked in the past six months, China, euro zone sovereign debt and the potential fallout from Brexit top the escalating list of concerns for the Bank of England (BOE).   "Vulnerabilities...

Economist say Another European Banking Crisis Could be Sparked off by Italy’s Referendum

A senior economist is of the opinion that another banking crisis in Europe could be sparked off by this Sunday's referendum in Italy.   "In my view the biggest risk is actually for the banking sector, even more so than political risk, and there will be some political instability," Megan...

At The Cusp Of ‘Radical Change’, New Zealand’s First Attempt At Regulating The Blockchain Technology

Too much regulation takes away the benefit of blockchain technology, while too little of it also creates problems, says experts. The empowering technology of Bitcoin and other crypto-currencies, Blockchain, gracefully transforms the purchase culture, business transactions and other fields of daily...

Gas export from the United States exceeded imports for the first time in 60 years

Volume of US exports of natural gas exceeded its imports for the first time in nearly 60 years. This was reported by The Wall Street Journal. The publication cites S&P Global Platts American research company, according to which, the US exported an average of 210 million cubic meters of natural...

Italy’s Foreign Minister says the Country not Heading for Catastrophe

Italy's foreign affairs minister has told CNBC in an exclusive interview that concerns that Italy is headed for catastrophe in the case of a destabilizing outcome from the referendum to be held Sunday are misplaced.   Increasing market fears of a potential default are only...
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