EMs are facing a challenging global environment today
Dec 08, 2015 23:27 pm UTC| Commentary Economy
Post-crisis global growth is still elusive after eight years since the global financial crisis broke out, with developed markets on course for recovery at a moderate pace and many emerging markets struggling to regain...
Refugee crisis and German auto industry are the two domestic risks in euro area
Dec 08, 2015 22:43 pm UTC| Commentary Economy
The refugee crisis, which may test further the limits of integration, particularly after the recent tragic events in Paris. A potential backlash against external immigration would have detrimental consequences for...
US economy remains on track toward full capacity, despite global headwinds
Dec 08, 2015 22:02 pm UTC| Commentary Economy
The US economy remains on track toward full capacity, despite global headwinds. In the first three quarters of this year, trade sliced 0.6% off of growth, mining investment another 0.6%, and inventories 0.2%. That leaves...
US JOLTS data indicate that labor market slack was broadly unchanged in October
Dec 08, 2015 21:32 pm UTC| Commentary Economy
Total US job openings declined to 5.383mn in October, from an upwardly revised level of 5.534mn in September. Most of this decline was driven by professional and business services, where openings fell 137k on the month....
Global diversification protects against tumultuous times
Dec 08, 2015 17:46 pm UTC| Commentary Economy
This week proves 2015 remains a shaky time for global investors. Commodities are falling fast as oil dips to below 40 dollars a barrel, the lowest mark since 2009, and iron ore moves towards break-even levels. Chinas...
China's trade performance remains weak
Dec 08, 2015 09:14 am UTC| Commentary Economy
In China, import growth for the month of November was above the market expectations, while the exports remained soft. Exports dropped by 6.8% yoy in November, market was expecting a drop of 5%. Imports fell by 8.7% in...
Japan officially out of technical recession
Dec 08, 2015 08:01 am UTC| Commentary Economy
After todays second estimate of third quarter GDP, released by cabinet office, it seems things are not as dull as it seems with Japan. Todays better than expected GDP figure will provide ammunition to Bank of Japans (BOJ)...