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The dollar index rose 1.3 percent in the first two weeks to 98.3, its highest since the middle of 2017, and some experts worry that continued dollar strength will weigh on s&p earnings and hurt stocks further. Savita Subramanian, equity and quantitative strategist at bank of America merrill lynch, estimated in an April 29 report that the dollar’s strength this year will reduce the earnings of s&p 500 companies by 2.1 percent, the biggest impact since the fourth quarter of 2015, market watch reported. Excluding currency, the report also estimated that s&p’s first-quarter revenue rose 8 percent from a year earlier, outpacing the 6 percent increase in the fourth quarter. Alec Young, head of global market research at FTSE Russell, the world’s second-largest index company, also said a strong dollar was an “absolute headwind” that would make U.S. multinationals more expensive overseas and squeeze profits because of currency shifts. In recent earnings reports, us...

The United States dollar outstanding interest deposit year interest rate 3% or 4% is not enough to see, forever abundant bank hits on April 29 yesterday “5 word head” the plan, the United States dollar fixed deposit five months period year interest goes up to rush 5.2%, in order to support the overseas loan demand. Have also aimed at small endowment, but only in the annual interest “3” “other soil was huge pressure, the bank has been actively to the company to overweight. The cycle of dollar rate hikes could end with the U.S. federal reserve’s dovish interest-rate policy. Regardless of the Fed’s stance, the dollar remains the world’s relatively strong currency and, given the uncertain economic outlook this year, the dollar’s embrace will remain the central asset allocation recommendation for this year, bankers said. Sinopac said it introduced the high-margin us dollar flash memory technology to meet business expansion and loan demand from overseas branches. The us dollar...

Canada’s central bank decided to leave interest rates unchanged; The central bank also lowered its forecast for economic growth in 2019, which is expected to show little growth this year. In addition, the central bank removed all comments in its statement about the need to raise interest rates in the future, reflecting that the central bank no longer appears to be in a hurry to raise rates. This is the fourth time in a row that the central bank has left its benchmark interest rate unchanged at 1.75 per cent. The central bank raised interest rates five times in a row from mid-2017 to last autumn. The central bank said the abrupt deceleration in the pace of economic growth in recent months was entirely different from that seen in 2017 and much of 2018, largely due to lower oil prices, weak investment and exports. In addition, the central bank forecast that the economy would grow by only 0.3 percent in the first quarter of this year due to the slowdown in property market...

The dollar was slightly stronger against major rivals sterling and the euro after a U.S. economic report. U.S. industrial production fell 0.1 percent in March after economists had expected a 0.1 percent gain. Meanwhile, the national association of home builders’ (NAHB) sentiment index for April rose 1 point to 63 on Tuesday, in line with expectations, according to the Econoday survey. Currency analysts said the synchronized rise in global stock indexes was a sign of increased appetite for risky assets, but it was a concern due to the lack of progress in the brexit process, holding the dollar back, although the gains were modest. The ICE dollar index rose 0.1 percent to 97.04. The euro The euro fell after sources said ECB policymakers thought the bank’s economic forecasts were too optimistic because of weak growth in China and continuing trade tensions, the paper said. The euro ended down to $1.1301 from $1.1304 the day before. At last week’s policy meeting,...