Modi's bank note ban has inflicted pointless suffering on India's poorest
Nov 26, 2016 06:00 am UTC| Insights & Views Economy
The world is full of stark contrasts; and contrasts present great opportunities for spin doctors. In India, the spectre of black money untaxed stashes of cash hoarded by individuals coexists with the worlds highest...
Construction slump points to cooling economy
Nov 26, 2016 05:00 am UTC| Insights & Views Economy
Vital Signs is a weekly economic wrap from UNSW economics professor and Harvard PhD Richard Holden (@profholden). Vital Signs aims to contextualise weekly economic events and cut through the noise of the data impacting...
Could an end to corporate tax help Britain's Brexit-burdened finances?
Nov 26, 2016 02:00 am UTC| Insights & Views Economy
For many of us small government liberals who thought that, however flawed the European project is, the UK was better off staying inside it, there was one Brexit argument that resonated. This was the promise that once it...
Chart of the Day: Negative sovereign bond universe
Nov 25, 2016 17:23 pm UTC| Commentary Economy
Back in July 2015, the net outstanding amount of sovereign bonds trading in negative yield was about $4 trillion. Within a year that amount surpassed $10 trillion. But the recent selloffs in the bond market that started...
Headwinds remain high in the Malaysian debt market; MYR remains Asia’s worst performer
Nov 25, 2016 12:29 pm UTC| Commentary Economy
The Malaysian debt market remains highly susceptible to the ongoing global headwinds with bond yields having increased by more than the rise in UST yields and the MYR being the worst performer in Asia (-6.1 percent against...
ECB expected to extend QE beyond March 2017, Italian politics to remain decisive in ECB policy meet
Nov 25, 2016 11:59 am UTC| Commentary Central Banks Economy
The European Central Bank is expected to extend its quantitative easing programme beyond March 2017 at its last monetary policy meeting this year, scheduled on December 8. Also, the Italian constitutional referendum, to be...
UK Q3 GDP shows high resilience post-Brexit, Q4 could see positive surprise
Nov 25, 2016 11:48 am UTC| Insights & Views Economy
The second reading of UK Q3 GDP matched original estimates and came in to show a growth of 0.5 percent during third quarter of 2016. It was the fifteenth consecutive quarter of positive growth since Q1 2013. On an...
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