Bank declares recession over Bank of Canada forecasting economic growth of 1.3 per cent on an annualized basis in the third quarter Commodities investing is back in fashion Expect volatility to remain a key factor in prices throughout the rest of the year, says Deutsche’s Asia head of commodities, but look for growth in the …
Continue reading ‘Daily Wisdom: Is Britain Bankrupt? Edition’ »
Of the hundreds of European stocks that are listed in the US markets, some stocks are traded heavily on a daily basis. The following are the ten European ADRs that have the most daily trading volume as of today: Nokia – NOK Alcatel-Lucent – ALU Vimpel Communications – VIP Banco Santander S.A – STD Mechel …
The global demand for steel has fallen sharply except China. Due to the crash in residential and commercial real estate, demand for steel is low. Another reason is the slump in automobile production in developed world. China continues to show strong demand for steel due to the many public infrastructure projects under construction there. However …
Continue reading ‘A Review of the Current Global Steel Market’ »
An interesting chart of Real GDP Growth by Year (%) from 1970 for Advanced Vs. Emerging Economies from Global Finance magazine. Emerging markets are projected to have the best growth moving forward as per estimates from IMF. Source: Global Finance Magazine
Like a latter-day Tom Joad, one of America’s last Okies ponders a question that… Has anyone seen the American Dream? German discounting pioneer Aldi is using the economic crisis to expand its presence in the US. The move could help mitigate the company’s troubles on its home turf.Aldi advances on Wal-Mart’s home turf Many SMEs …