Shipbuilding in Britain: how to reboot it
Nov 08, 2017 14:40 pm UTC| Insights & Views Economy
The UK has a new strategy for shipbuilding. After a 20th century marked by a painful decline in UK shipbuilding, it is not about to resume global dominance. There is, however, a chance to leave the past behind and revive...
U.S. Treasuries range-bound ahead of 10-year, super-long 30-year auction
Nov 08, 2017 10:54 am UTC| Commentary Economy
The U.S. Treasuries traded tad lower Wednesday as investors wait to focus on the countrys long-term 10-year auction, scheduled to be held today by 18:00GMT. Also, the countrys 30-year note auction, due on November 9 by...
EUR/USD likely to rise to 1.25 by Q2 2019, says ANZ Research
Nov 08, 2017 09:53 am UTC| Commentary Economy
The ECB has attempted to limit the upside for the euro by stressing the link between developments in financial conditions and QE. The market may try to probe the downside in EUR/USD, but demand for euro area real and...
U.S. full year 2018 growth forecast to be 2.7 pct y/y, says ING Bank
Nov 08, 2017 09:30 am UTC| Commentary Economy
The US economy is going from strength to strength. GDP growth recorded its second consecutive quarterly 3 percent+ reading, key business surveys are at decade highs and unemployment at 16-year lows so there is a lot to be...
Canadian economy to grow 3 pct in 2017, 2.5 pct next year: National Bank of Canada
Nov 08, 2017 08:04 am UTC| Commentary Economy
Despite a third-quarter slowdown, Canadas economy remains on track to grow about 3.0 pct in 2017. Consumption spending, which took a breather in Q3, has been the major driver of growth this year benefiting from the...
Oil in Global Economy Series: Fiscal oil price break-even of many OPEC countries still far off
Nov 08, 2017 06:51 am UTC| Commentary Economy
Since the oil price crash of 2014, several OPEC economies have taken prudent and sometimes draconian measures to cut their budget deficit and reduced fiscal breakeven oil price. The price of oil has increased over the past...
Nov 08, 2017 05:47 am UTC| Commentary Economy
New Zealand bonds closed lower Wednesday as investors shrugged off weak GlobalDairyTrade Price Index data. Markets remained focused on the Reserve Bank of New Zealands last monetary policy decision scheduled to be held on...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects