Chart of the Day: Breaking crisis ceiling
Nov 29, 2016 18:10 pm UTC| Commentary Economy
This chart shared by zerohedge.com shows the crisis ceiling is finally cleared as the home prices soared above the peak made on July 2016. The average home price for September was 0.1 percentabove the July 2006 peak in...
India's golden quest to tackle 'black money' and the lessons from a century ago
Nov 29, 2016 17:19 pm UTC| Insights & Views Law Economy
The Indian government has been trying to reduce its citizens demand for imported gold through a number of means over the last few years. This is part of a wider crack down on currency used in the black market, that...
What China's 'export machine' can teach Trump about globalization
Nov 29, 2016 16:42 pm UTC| Insights & Views Economy
Chinese goods seem to be everywhere these days. Consider this: At the Olympics in Rio this summer, Chinese companies supplied the mascot dolls, much of the sports equipment, the security surveillance system and the...
South Africa has a new energy plan. But will it break the bank?
Nov 29, 2016 16:27 pm UTC| Insights & Views Economy
The release of South Africas long awaited update to the Integrated Resource Plan is certain to inspire renewed debate about the countrys energy future. Once public consultation has taken place the plan will drive policy...
Robust services sector will continue to underpin Canada’s economy - BOC’s Poloz
Nov 29, 2016 14:55 pm UTC| Commentary Economy Central Banks
Bank of Canada (BOC) Governor Stephen Poloz during the press conference said that robust services sector will continue to underpin Canadas shaky economy and help return to full capacity. Canada is primarily driven by...
Nov 29, 2016 12:01 pm UTC| Commentary Economy
Potentially higher interest costs and volatile foreign exchange rates represent the top credit risks for Asia-Pacific going into 2017. Uncertainty about the policies of the future President-elect Donald Trumps...
Eurozone economic confidence surges to 11-monnth high in Nov, consumer sentiment improves
Nov 29, 2016 11:17 am UTC| Commentary Economy
Economic confidence in the eurozone surged to an 11-month high during November, along with an improvement in consumer sentiment. The economic sentiment index came in at 106.5, up from 106.4 in October but below the...
FxWirePro- Major Economic events for the day
CPI Update: Australia's Inflation Falls to 2.1%, Impacts on the AUD
Down But Not Out: RBNZ Cuts Interest Rates to Stimulate Growth