U.S.-Asia policy divergence likely to widen further in near-term, says ANZ Research
Mar 10, 2017 06:19 am UTC| Commentary Economy
Asias macroeconomic picture has improved, coupled with a rebound in headline inflation. Indeed, data surprises have turned positive since last November, with momentum at its strongest since 2011. While markets are...

US under Trump Series: Munchin warns congress of upcoming debt ceiling
Mar 10, 2017 06:09 am UTC| Commentary Economy
President Donald Trumps Treasury Secretary Steven Munchin has warned the both houses of congress in an open letter of the looming debt ceiling, which is expected to get hit on March 15th. The image of the letter is...
China's new yuan loans fall less than expected in February
Mar 09, 2017 16:49 pm UTC| Commentary Economy
Chinas new yuan loans fell sharply in February from near-record levels in the previous month but were still higher than expected. Chinese banks extended 1.17 trillion yuan (about 169.2 billion U.S. dollars) of new yuan...
OBR raises UK 2017 growth forecast to 2 pct, but warns of “unsustainable” spending binge
Mar 09, 2017 15:40 pm UTC| Commentary Economy
The independent Office of Budget Responsibility (OBR) on Wednesday raised U.K. growth forecast for 2017 year to 2 percent from 1.4 percent projected in the Autumn Statement in November. OBR said that U.K. economy is set to...

US under Trump Series: Trump effect visible in ADP employment report
Mar 09, 2017 07:30 am UTC| Commentary Economy
Yesterdays ADP employment report was a total blockbuster and we need to give some of the credit to the newly elected President of the United States; Donald Trump who has held meetings with several US companies even before...
Negative Rates Series: Negative bond universe expands again
Mar 09, 2017 05:56 am UTC| Commentary Economy
After peaking around $14 trillion last September, the negative bond universe that comprises of bonds which are trading at negative yields shrank to $9.8 trillion in the third week of February. The election of the...

Mar 08, 2017 13:36 pm UTC| Commentary Economy
Today ADP employment numbers were released from US for the month of February. ADP number shows the US labor markets are showing a lot of volatility lately. There are two things to note in the headline...