U.S. August NFP report could decide the future of the September rate hike

Aug 29, 2016 10:17 am UTC| Insights & Views Economy Central Banks

Hawkish comments from U.S. Federal Reserve Chair Janet Yellen last Friday raised the chances for a September rate hike. Yellen struck a more optimistic note on the economy at a much-anticipated speech at an economic...

Fundamental Evaluation Series

Fundamental Evaluation Series: S&P 500 looks expensive by many measures

Aug 29, 2016 09:44 am UTC| Commentary Economy

SP 500 has curved a fresh all-time high, just a few weeks ago and still hovering close by. However, the index, which is on its eighth consecutive yearly bull run in 2016, is looking a bit expensive by many fundamental...

Fed Hike Aftermath Series

Fed Hike Aftermath Series: Dollar and rate hike odds rise after Jackson Hole

Aug 29, 2016 08:39 am UTC| Commentary Economy Central Banks

After many of the FOMC policymakers indicated that a rate hike is more imminent than the market is pricing in the Jackson Hole symposium, the rate hike odds for September rose and the dollar staged a recovery. Speaking at...

US Election Series

A tale of two GDPs: Why Republicans and Democrats live in different economic realities

Aug 29, 2016 08:02 am UTC| Insights & Views Economy Politics

Back in 1992, Democratic strategist James Carville uttered his famous recommendation to Bill Clinton ahead of the 1992 election: Its the economy, stupid! Political scientists beat Carville to the punch, though: As far back...

Fundamentals to watch out for this week

Aug 29, 2016 07:48 am UTC| Commentary Economy Central Banks

This week is quite risk heavy with lots of economic data from both developed economies as well as Asian giant like China. What to watch for over the coming days: U.S. economic data: Lot many economic dockets...

Oil in Global Economy Series

Estimating the 'cost' of fuel tax credits is a tricky business

Aug 29, 2016 07:42 am UTC| Insights & Views Law Economy

In calling for an end to fossil fuel subsidies, critics of Australias fuel tax credits system have highlighted its cost to Australian taxpayers and the budget bottom line. The Greens have said that ending fossil fuel...

U.S. trade deficit narrows in July on falling imports, consumption to slow at sustainable pace in Q3

Aug 29, 2016 05:35 am UTC| Commentary Economy

The nominal trade deficit in goods in the US narrowed more than projection in July. The trade deficit in goods reduced to USD 59.3 billion from 64.5 billion in July. Growth in nominal export rose sharply, accelerating to...