U.S. jobless claims suggest favorable labor market, upcoming payroll data key for shaping rate hike expectations

Feb 24, 2017 12:20 pm UTC| Insights & Views Economy Central Banks

Minutes of the Federal Reserves Jan. 31-Feb monetary policy meeting published earlier this week on Wednesday showed that many policymakers believed another interest rate hike might be appropriate fairly soon if labor...

Banxico amplifies toolkit to support peso without Forex reserves

Feb 23, 2017 15:59 pm UTC| Commentary Central Banks Economy

On February 21, Mexicos central bank announced that it will offer up to $20 billion in forex hedges, starting with a first auction of up to $1 billion on March 6. With the new measures the central bank aims to support the...

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...