Chart of the Day: China's Augmented Deficit
Jul 25, 2016 13:41 pm UTC| Commentary Economy
This fantastic chart from Goldman Sachs, shared by Simon Rabinovitch, journalist of The Economist shows, while Chinas official deficit is around 5 percent, it could actually be as close to15 percent. If this unofficial...
Global trade report sends distress signal
Jul 25, 2016 09:42 am UTC| Commentary Economy
Both monetary and fiscal authorities, all around the world expressed concerns over and over again about the Great Moderation, post financial crisis of 2008/09, where exceptionally loose and experimental monetary policies...
Business conditions in US manufacturing sector likely to have improved strongly in July
Jul 25, 2016 06:44 am UTC| Commentary Economy
Business conditions throughout the US manufacturing sector are expected to have rebounded further, according to the flash PMI for July. The seasonally adjusted Markit Flash US Manufacturing Purchasing Mangers Index rose to...
Jul 25, 2016 06:02 am UTC| Commentary Economy Central Banks
Inflation in Canada remained stable at 1.5 percent year-on-year in June. The Bank of Canadas core inflation measure also remained steady at 2.1 percent year-on-year. This did not come as a surprise as hot housing...
Retail sales in Canada likely to bounce back in Q3
Jul 25, 2016 05:20 am UTC| Commentary Economy
[Correction made in second para] Retail sales in Canada rose in May, coming in more than consensus projections. Moreover, Aprils data was revised downward a bit. Retails sales rose 0.2 percent in May, whereas in volume...
Fundamentals to watch out for this week
Jul 25, 2016 04:54 am UTC| Commentary Economy Central Banks
In terms of data and events, this week is extremely risk heavy, especially with looming Fed and BoJ. What to watch for over the coming days: US earnings season: Earnings season in the United States will keep...
FxWirePro: The Day Ahead- 25th July 2016
Jul 25, 2016 03:02 am UTC| Commentary Economy
As usual not many economic dockets scheduled for today and all with low volatility risks associated. Upcoming: Japan: Leading economic index and coincident index is to be released at 5:00 GMT. Corporate service...