Global Economic Slowdown

Our specially curated package of the most interesting articles to help you stay at the top of your game.

JPMorgan puts sell sign on emerging market government debt

"We move underweight EMBIGD (from marketweight)" JPMorgan said referring the bank's widely-tracked emerging market sovereign debt index.

IT companies’ defensive traits are holding up for now

Their clients may slow technology spends amid an impending economic slowdown but are unlikely to abandon upgradation programmes completely

Gold’s haven appeal burnished by drumbeat of growth warnings

Gold may be heading for another rally, with warnings over a global economic slowdown paving the way for a fresh push toward $2,000 an ounce.

Global economic uncertainty threatens oil demand: IEA

The IEA thus revised downwards its estimates for growth in global oil demand for this year by 0.1 million barrels per day to 1.1 mbd.

Surprise jump in Japan machinery orders eases capex woes

Cabinet Office data showed core orders, a highly volatile data series regarded as a useful leading indicator of capital spending in the coming six to nine months, rose 10.7 percent in October from the previous month, in bold contrast to the 1.5 percent drop forecast by analysts.

Job market to see modest hiring, 10-15% pay hike next year

After remaining mostly stagnant in 2012 due to global economic slowdown, Indian job market is expected to grow only at a modest pace next year, although still better than other countries, while high-performers can look forward to pay hikes of 10-15 per cent in 2013.

Euro zone in deep downturn as China, US tick up

The euro zone economy is on course for its deepest downturn since early 2009, while Chinese factories returned to growth last month bringing better news for the world economy, business surveys showed on Thursday.

Brent above $112, set for weekly fall as supply woes ease

Brent crude held above USD 112 a barrel on Friday, but remained on track for its third weekly fall in five weeks as supply concerns diminished with the imminent restart of Britain's largest oilfield, although easing worries about the global economic slowdown offered some support.

Chinese economy may bottom out by Christmas: BNP Paribas

Andrew Freris of BNP Paribas Wealth Management says the Chinese economy will at worst bottom out around Christmas, or at best at the beginning of the fourth quarter.

Economic slowdown could cap oil prices, IEA says

Global economic slowdown could put a lid on oil prices but there is a risk "nasty supply surprises" could reignite a market rally, the International Energy Agency said on Thursday.

Gold steadies after weekly drop; EU summit eyed

Gold prices held steady above USD 1,571 per ounce on Monday after falling more than 3% last week, but a firm US dollar and deflation worries triggered by a global economic slowdown were expected to keep a lid on gains.

China economic growth may fall below 9% this year: JPMorgan

China's economy has enjoyed a double-digit growth rate for a over a decade now, but it is likely to slump below 9% this year amid the global economic slowdown, according to a forecast by JPMorgan.

Silver futures up by over 0.5% on global cues

Supported by a firming trend overseas, silver prices rose by 0.55% to Rs 66,625 per kg in futures trade today as speculators enlarged their positions.

Investors shun equities, boost cash: BofA Merrill poll

Investors slashed equity holdings in August and boosted cash levels to their highest since March 2009 as concerns about a global economic slowdown and the euro zone debt crisis drove an exodus from riskier assets, a survey showed on Tuesday.

Oil demand growth could stall in 2012: IEA

Global economic slowdown may stifle oil demand growth next year, the West's energy watchdog said on Wednesday, while warning that tightening supplies could still spur yet more oil price volatility.

Oil heads for 10% weekly drop, biggest since May

US crude fell below $86 on Friday, heading for its biggest weekly drop since early May, as fears of a global economic slowdown drive investors to the exits in a commodities selloff that has erased the benchmark's 2011 price gains.

IMF warns on Europe, Japan debt problems

A possible global economic slowdown sparked by Europe's sovereign debt problems could affect currency and stock markets and weigh heavily on Japan's growth prospects, an International Monetary Fund official warned on Wednesday.