New Zealand bonds end higher post RBNZ maintains neutral policy stance
May 11, 2017 06:10 am UTC| Commentary Economy
The New Zealand bonds ended Thursdays session on a higher note after reading the Reserve Bank of New Zealands (RBNZ) neutral monetary policy stance, wherein the central bank maintained its official cash rate (OCR) at a...
Australian bonds rally on short-covering, tracking U.S. Treasuries
May 11, 2017 05:39 am UTC| Commentary Economy
The Australian government bonds rallied Thursday as investors covered previous short positions before the end of the trading week and also tracking U.S. Treasuries. However, gains in equities amid a neutral Federal Budget...
FxWirePro: The Day Ahead- 11th May 2017
May 11, 2017 04:37 am UTC| Commentary Economy Central Banks
Lots of economic data and events scheduled for today and some with high volatility risks associated. Upcoming: Japan: Eco-Watchers survey report will be released at 5:00 GMT. Germany: Wholesale inflation...
Budget bank levy: too big to fail, not too big to take a hit
May 11, 2017 00:26 am UTC| Insights & Views Economy
The budget announcement of a 0.06% levy on a subset of bank liabilities looks arbitrary, and is certainly politically opportunistic. But it could be rationalised as a response, albeit probably not the best response, to...
These three firms own corporate America
May 11, 2017 00:15 am UTC| Insights & Views Economy Investing
A fundamental change is underway in stock market investing, and the spin-off effects are poised to dramatically impact corporate America. In the past, individuals and large institutions mostly invested in actively...
May 10, 2017 21:34 pm UTC| Commentary Economy
The Chinese inflation accelerated slightly in April. The CPI data came in at 1.2 percent year-on-year after a 0.9 percent print seen in March. But after the seasonal adjustment, the trend data imply that underlying...
Czech and Hungarian inflation decelerate in April, CNB likely to further cut inflation forecast
May 10, 2017 17:59 pm UTC| Commentary Economy
The inflation data for Hungary and the Czech Republic was released on Wednesday, which have surprised to the downside. This is partially due to the decline in energy prices and subdued food prices. However, the core...
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’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects