FOMC minutes provide no clear signal of March rate hike

Feb 23, 2017 15:04 pm UTC| Commentary Economy Central Banks

Release of the minutes of the Federal Reserves 1st February meeting showed that many members noted that it might be appropriate to raise the federal funds rate again fairly soon if incoming information on the labour market...

Chinese house prices show further signs of cooling in January

Feb 23, 2017 10:30 am UTC| Insights & Views Economy

House prices in Chinas largest cities in January rose marginally to 64.3 percent, the lowest rise in the last 12 months, data from the National Bureau of Statistics showed Wednesday. Out of the 70 cities analysed by the...

FxWirePro: Quest in risk-on dynamics - CNH and other Asian low yielders in EMFX radar

Feb 23, 2017 10:27 am UTC| Economy

The strategy for trading EMFX encompasses a mixed bag. It is generally pro-risk through exposure to high yielders but with a modest long dollar bias by shorting low yielders that offer little value either from a carry or...

Cutting Sunday penalty rates will hurt young people the most

Feb 23, 2017 07:23 am UTC| Insights & Views Economy

The Fair Work Commission decided to cut Sunday and some public holiday rates of pay across the hospitality, retail, pharmacy and fast food industries for full time, part time and some casual workers. This will hit young...

Women aren't failing at science — science is failing women

Feb 23, 2017 04:19 am UTC| Insights & Views Science Economy

Female research scientists are more productive than their male colleagues, though they are widely perceived as being less so. Women are also rewarded less for their scientific achievements. Thats according to my teams...

Billionaires Clash Opinions Over Universal Basic Income, ‘One Of The Worst Possible Responses’

Feb 23, 2017 04:13 am UTC| Insights & Views Economy

Universal Basic Income (UBI) is one of the best responses that many in the world see to the rising rate of poverty and the inevitable dominance of automation. As expected, opinions conflict on the matter, with some...

Euro zone inflation confirmed at 1.8 pct y/y in Jan, driven by energy prices

Feb 22, 2017 15:25 pm UTC| Commentary Economy

The European Unions statistics agency on Wednesday confirmed Euro zone January inflation at its earlier estimates. Eurostat said that Euro zone inflation rose to an annual rate of 1.8 percent in January. Data was up from...