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'No End In Sight:' Boris Johnson's Brexit Prep Breaks The Pound, No-Deal Scenario Likely
Thursday, August 1, 2019 - 4:24pm | 741Britain’s new Prime Minister Boris Johnson is standing by his promise that the U.K. must leave the European Union by Oct. 31 — with or without a deal in place. Capital Economics' chief markets economist John Higgins said much has been made of sterling’s...
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Emerald Isle Mints Green For Investors
Friday, September 22, 2017 - 8:38am | 442Exchange-traded funds providing exposure to European equities have been getting plenty of attention this year. National elections earlier this year in the Netherlands and France, and in Germany in a few days, were among the events turning investors' attention across the Atlantic. Italy's...
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Homeland Investment Act: The Last Time America Had A Corporate Tax Holiday, And What Happened Next
Thursday, January 26, 2017 - 3:26pm | 952The leadership transition in the White House has given rise to uncertainties concerning several policy issues. With President Donald Trump preferring to blaze a new trail in his bid to "Make America Great Again," many policy overhauls are likely to transpire. Proving that his election promises are...
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What Analysts Think Central Banks Will Do Following Brexit
Friday, June 24, 2016 - 11:35am | 398Now that Britain has officially voted to leave the eurozone, central banks are left to decide what (if anything) they will need to do to stabilize global markets. Several Wall Street analysts have already given their takes on the issue. Capital Economics believes the rhetoric about the dangers of a...
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S&P Cuts Brazil To Junk: What It Means
Thursday, September 10, 2015 - 2:50pm | 447S&P cut Brazil's sovereign credit rating to BB+. The Bovespa index fell about 0.6 percent on Thursday. The real tumbled more than 1.75 percent. Although a downgrade was expected, the timing of the demotion was unexpected. Standard & Poor's has downgraded Brazil’s...
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Is the Phone Company the Best Way to Profit from Growth in the Philippines?
Tuesday, November 26, 2013 - 4:35pm | 415Before Typhoon Haiyan hit, the Philippines' economy was outperforming others in Asia. Capital Economics expects the country's third quarter gross domestic product (GDP) growth to be 7.5 percent. The economy is also expected to recover quickly from the storm's devastation, making Philippine Long...
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Why Greece Is Not Lehman
Friday, February 24, 2012 - 5:06pm | 477The Greek debt crisis has been dominating the headlines again, as the Euro Zone came to an agreement on the second Greek bailout deal earlier this week. As a part of this deal, Greece will perform a debt swap and the current debt holders are expected to accept a 53.5% haircut on the bonds they are...
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Consumer Confidence Sees Abrupt Decline in January
Tuesday, January 31, 2012 - 3:24pm | 475Hopes of a sustained growth to the US economy cooled somewhat as consumer confidence showed an abrupt decline this morning. Instead of a 68.0 reading predicted by FactSet-surveyed economicts, the Conference Board showed the Consumer Confidence Index standing at 61.1. The index is based on a base...
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Paul Ashworth Says Additional QE's Coming
Thursday, November 4, 2010 - 5:12pm | 31Capital Economics Paul Ashworth's says he sees additional QE's coming, if this round of purchases doesn't work. He said the Federal Reserve could theoretically buy corporate bonds and mortgage backed securities.
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News Summary
Wednesday, May 26, 2010 - 10:35am | 293April factory orders for big-ticket goods appreciated owing to recovery in the demand for commercial aircrafts. The news further proved that the manufacturing sector is driving economic recovery. The Commerce Department today announced that requests for durable goods climbed 2.9% last month. Paul...