Canadian exports likely to contribute positively to GDP growth in Q3

Sep 05, 2016 05:27 am UTC| Commentary Economy

Canadian trade deficit narrowed in July on improvement in exports and decline in imports. Deficit came in at CAD 2.5 billion from Junes deficit of CAD 4 billion. Exports grew 3.4 percent, whereas imports declined a bit by...

FxWirePro: The Day Ahead- 5th September, 2016

Sep 05, 2016 04:45 am UTC| Commentary Economy

Lots of economic dockets and events scheduled for today and all with low to medium volatility risks associated. Data released so far: Australia: Company gross operating profits grew 1.2 percent in August from a...

Moody's: Australia's very high economic strength supports Aaa rating, despite exposure to housing and external financing shocks

Sep 04, 2016 23:47 pm UTC| Research & Analysis Economy

Moodys Investors Service says that Australias Aaa rating is supported by the countrys very high economic strength, in particular, its sustained GDP growth at robust levels, even as the economy is adjusting to lower...

How to ditch corporation tax and grow government income at the same time

Sep 03, 2016 10:30 am UTC| Insights & Views Economy

Another day, another tax headline. This week, its Apple, which faces a 13 billion (11bn) tax bill in Ireland from the EU. Everyone says there must be a better way to make business pay its way. I support boosting the tax...

From Gabon to Zimbabwe, African presidents are under siege

Sep 03, 2016 10:05 am UTC| Insights & Views Politics Economy

Its sometimes democracy as we know it albeit with twists and turns but there is certainly a new appetite for political pluralism developing in Africa. This sometimes leads not only to change, but to deep division. In...

Chart of the Day Series

Chart of the Day: US in recession

Sep 02, 2016 14:52 pm UTC| Commentary Economy

According to the findings of Zerohedge and SocGen, The U.S. economy is in recession, if the consumption part is taken away and they argue that it is not like that the consumption is driving the economy but it is...

US August non-farm payroll preview

Sep 02, 2016 12:12 pm UTC| Commentary Central Banks Economy

Today NFP report for the month of August is to be published at 12:30 GMT from US. What is NFP report? NFP or non-farm payroll report is the monthly statistics on labor condition in the US released by US department...