Sunday , 25 February 2018

Economic Overviews

Mexico’s Economy Showing Serious Signs Of Strain


Pemex, Mexico’s over-indebted, money-losing state-owned oil giant, appears to be in a state of terminal decline. To survive, it needs some last-minute reprieve or miracle...For the broader Mexican economy, Pemex’s woes are just part of the problem. With the overseas market for Pemex’s oil shrinking,...while the company’s production continues to crumble, Mexico will depend even more on its manufacturing sector but that too, is showing serious signs of strain.

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Record Low BDI Reflects Slowing Global Trade & Weak Commodity Prices


The global equities markets is not the only place where the China sell-off has had an effect. It has seeped into the global economy, slumping shipping and slowing global trade...[to the point where] the Baltic Dry Index is at an ALL TIME LOW. As the year progresses, it will be interesting to keep an eye on the BDI and track its movement - especially as it relates to China and commodity prices.

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