Canada jobless rate remains unchanged in Sep, additional jobs at near 4-year high

Oct 10, 2016 04:23 am UTC| Commentary Economy

The rate of unemployment remained unchanged in Canada during the month of September, although the number of jobs added soared to near four-month high during the period, mostly owing to a surge in part-time work and...

U.S. jobless rate ticks higher in Sep; participation rate at 6-month high, indicates moderation in labor market

Oct 10, 2016 04:07 am UTC| Commentary Economy

The United States rate of unemployment ticked modestly higher during the month of September, although the participation rate among the working age population soared to six-month high during the period, indicating that the...

The US used foreign investment to develop a new car industry, a lesson Australia hasn't learned

Oct 10, 2016 00:14 am UTC| Insights & Views Economy

In Australia, car makers have come to be seen by many as more of a cost than a benefit, a failing industry that was too reliant on government handouts. But in the United States, many state governments have attracted...

UK August Industrial Production - First disappointing piece of 'hard data' post-Brexit

Oct 07, 2016 12:26 pm UTC| Insights & Views Economy

UK industrial production fell in August, breaking the recent run of upbeat economic news. Data from the Office for National Statistics released earlier today showed that UK industrial production unexpectedly declined in...

More Chinese cities increase efforts to tighten home purchasing rules

Oct 07, 2016 05:24 am UTC| Commentary Economy

Many more cities in China have increased attempts to tighten restrictions for buying first, second and even third homes to ease the overheated property markets in the midst of rising risks of housing bubbles and sharply...

U.S. initial and continuing claims appear to have returned to improvement trend

Oct 07, 2016 04:51 am UTC| Commentary Economy

In the week ending 1 October 2016, U.S. initial jobless claims dropped to 249,000. This was below consensus expectations. The four-week moving average in initial claims dropped down a tad to 254,000 after rounding....

Vital Signs Series

Mixed signals from the global economy

Oct 07, 2016 01:06 am UTC| Insights & Views Economy Central Banks

The first monetary policy statement from new RBA governor Philip Lowe, the International Monetary Fund cuts global growth forecasts and mixed signals from the global economy as the US election race runs on. It was...