Worrisome Signs Series: US debt growth outstrips GDP growth by many folds
Oct 04, 2016 06:50 am UTC| Commentary Economy
Over the past years, the global markets have focused on China more, when it comes to debt, arguing that the marginal productivity of increased debt has declined substantially. The debt growth has outstripped GDP growth in...
FxWirePro: The Day Ahead- 4th October, 2016
Oct 04, 2016 04:38 am UTC| Commentary Economy
Not many economic dockets scheduled for today and all with low to medium risks associated. Data released so far: Australia: Building permits declined by 1.8 percent in August, up 10.1 percent from a year ago. ANZ...
Oct 03, 2016 14:00 pm UTC| Commentary Economy Central Banks
Chinese Yuan has become the official reserve currency as its gets included in the special drawing rights (SDR) basket. Yuans share is the third biggest in the basket with 10.92 percent. This also means that the official...
Fundamentals to watch out for this week
Oct 03, 2016 12:34 pm UTC| Commentary Economy Central Banks
This week is quite risk heavy. Focus is on NFP report from the Unites States. What to watch for over the coming days: Vice Presidential dual: After Trump-Clinton dual last week broke all records, the focus...
Canada's strong July GDP points to healthy economic momentum for Q3
Oct 03, 2016 11:59 am UTC| Insights & Views Economy Central Banks
Canadian real GDP grew by 0.5 percent in July, adding to Junes 0.6 percent gain. The July GDP gain exceeded economists consensus of 0.3 percent. The strong July result was mainly driven by a continued recovery in oil...
Briferendum Aftermath Series: Philip Hammond pledges fiscal discipline
Oct 03, 2016 09:58 am UTC| Commentary Economy
The United Kingdoms chancellor of exchequer Philip Hammond said that the country wont abandon from the path of fiscal discipline, mainly pursued by his predecessor George Osborne. Speaking on Sky News from the Tory party...
RBA likely to keep interest rate unchanged, wait until Q3 inflation figures
Oct 03, 2016 07:37 am UTC| Economy Central Banks Insights & Views
The Reserve Bank of Australia is due to release its monetary policy statement on Tuesday 4 October at 03:30 GMT, and it is widely expected to leave its official cash rate (OCR) at its record low of 1.50 percent, after...