After making the case for reshoring in a previous article, PwC identified 7 key factors influencing potential US manufacturing resurgence. Obviously, labor cost is one of those factors but not the only one. “Industrial manufacturers may increasingly rethink their U.S.
NEGOTIATOR’S TAKE: Wheat prices (like Corn) are falling rapidly adding more downward pressure to food prices | 07.06.16 – In free fall – Wheat prices are in free fall, hitting the lowest levels on international futures exchanges in a
NEGOTIATOR’S TAKE: With China’s labor advantage almost gone, you might want to think about bringing manufacturing work back to the U.S. 03.01.16 – Only a 4% gap between costs A recent report estimates that China’s effective labor costs
NEGOTIATOR’S TAKE: The advantages of sourcing from China are shrinking; savvy purchasers are looking at moving production back to North America. 01.19.16 – Sharp rise in wages will likely lead to further devaluation of the Yuan Presidential hopeful
West Texas Intermediate for March delivery decreased as much as $1.24 to $44.35 a barrel in electronic trading on the New York Mercantile Exchange and was down 57 cents to $45.02 at 12:14 p.m. London time. The contract lost 72
The Swiss National Bank’s surprise decision on Thursday caused the franc to surge against the euro and dollar, sending shockwaves through the global financial system. The euro suffered its biggest-ever one-day fall against the franc on Thursday, dropping more than
The US Dollar Index (USDX) was launched after the end of the Bretton Woods fixed exchange rate system agreement in 1973 by the New York Board of Trade (NYBOT). At its inception, the US Dollar Index was set at a
The rouble smashed through resistance to an all-time low of 65.5 to the dollar, falling a jaw-dropping 11%, in a crescendo of selling on Monday, as oil prices continued to slide and markets braced for a likely default in Ukraine.
Gold for December delivery slipped 0.1 percent to $1,170.60 an ounce by 7:55 a.m. on the Comex in New York. Prices declined as much as 0.9 percent to $1,161 earlier today, before rebounding. Bullion for immediate delivery retreated 0.2 percent
The price of oil has plummeted by more than a quarter since June but will Opec, which holds 60% of the world’s reserves and 30% of supplies, cut its own production to try to lift prices? Will the cartel allow