Australian bonds plunge post Macron’s win in French election as riskier assets take lead
May 08, 2017 05:11 am UTC| Commentary Economy
The Australian government bonds plunged on the first trading day of the week as investors moved away from safe-haven assets, following the expected victory of Emmanuel Macron in the French election held over the weekend....
Moody's: China's shadow banking sector impacted by increasingly tight systemic liquidity
May 08, 2017 01:15 am UTC| Research & Analysis Economy
Moodys Investors Service says that liquidity in Chinas financial system is increasingly tightening, as stricter regulatory measures seek to constrain the growth of leverage in the country. At the same time, the...
FxWirePro: The Day Ahead- 8th May 2017
May 07, 2017 22:48 pm UTC| Commentary Economy Central Banks
Not many economic data and events scheduled for today but some with high volatility risks associated. Data released so far: France: Emmanuel Macron beats Le Pen to Presidency. Upcoming: China: Trade...
Does a lower pound boost manufacturing?
May 07, 2017 09:05 am UTC| Insights & Views Economy
The idea that a lower currency boosts manufacturing and a countrys exports is pervasive. So the 15% fall in the pound following the UKs Brexit vote is seen by many to be beneficial for this section of the economy....
The EU's farming policy is hated – but what comes next may be worse
May 06, 2017 02:13 am UTC| Insights & Views Politics Economy
Out of all the EUs policies, the Common Agricultural Policy has consistently received the worst press in the UK. Politicians and papers of both the left and the right have variously attacked it for being too costly, too...
World Trade Organisation gives Australia's plain tobacco packs the (draft) thumbs up
May 05, 2017 14:33 pm UTC| Insights & Views Economy
The World Trade Organisation (WTO) has reportedly backed Australias laws on plain tobacco packaging implemented from December 2012. The apparent decision marks the end of the last of three cases brought against...
May 05, 2017 10:11 am UTC| Commentary Economy
EUR-CZK rose mildly following yesterdays CNB board meeting and the commentary. The slight weakening of CZK reflects the slight downward revision which CNB made to its inflation forecast. The central bank revised its GDP...
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