Australian 10-year bond yields dive to over 5-month low abiding geopolitical uncertainties
Apr 19, 2017 04:33 am UTC| Commentary Economy
The Australian 10-year government bond yields dived to over 5-month low Wednesday on rising global tensions and geopolitical uncertainties amid losses in riskier assets. The yield on the benchmark 10-year Treasury note,...
Snap election a win-win for Teresa May: she'll crush Labour and make Brexit a little easier
Apr 19, 2017 02:55 am UTC| Insights & Views Economy Politics
So Theresa May, it turns out, is only human. After months of denying she was going to do it, the British prime minister decided to call an early general election first and foremost because she knows shes going to...
Gloomy economic outlook is why Teresa May was forced to call a snap election
Apr 19, 2017 02:46 am UTC| Insights & Views Economy
Many are asking why Britains prime minister, Theresa May, has called a general election despite repeatedly saying that she would not do so. From the moment she first stood for the leadership of the Conservative Party in...
Czech national bank keeps alive possibility of another FX cap
Apr 18, 2017 15:56 pm UTC| Commentary Central Banks Economy
The Czech central bank (CNB) ditched its cap on the crowns exchange rate at a non-rate setting meeting on 6th April, letting the currency free after three years. The currency cap which was in place since 2013 was the...
RBA minutes unexpectedly dovish, central bank set to continue balancing act on rates
Apr 18, 2017 14:20 pm UTC| Commentary Central Banks Economy
The minutes of the Reserve Bank of Australias (RBA) April meeting released earlier today showed members discussed increased risks in the property market as well as employment figures that continue to disappoint. The RBA...
Reshaping NAFTA could be good for Mexico's economy (and Brazil's and Argentina's, too)
Apr 18, 2017 13:39 pm UTC| Insights & Views Economy
Among other threats targeting Mexico during his election campaign, US President Donald Trump harshly criticised the North American Free Trade Agreement (NAFTA), a 23-year-old tripartite deal that removed tariffs and...
Thatcher, Reagan and Robin Hood: a history of modern wealth inequality
Apr 18, 2017 12:48 pm UTC| Insights & Views Economy
Persistently high rates of income or wealth inequality are bad for social cohesion, political inclusion and crime. The evidence for this is overwhelming. Often, stubbornly high income inequality partly reflects deep...