Crude prices likely to remain resilient despite OPEC’s plans to raise output, to worsen India’s trade deficit

Jul 12, 2018 07:14 am UTC| Commentary Economy

Oil prices are expected to remain resilient on increasing demand in the months ahead, despite the agreement reached by OPEC+ to increase oil output. It could worsen Indias ongoing trade deficit and current account deficit,...

Crude prices likely to remain resilient despite OPEC’s plans to raise output, to worsen India’s trade deficit

Jul 12, 2018 07:14 am UTC| Commentary Economy

Oil prices are expected to remain resilient on increasing demand in the months ahead, despite the agreement reached by OPEC+ to increase oil output. It could worsen Indias ongoing trade deficit and current account deficit,...

Restructuring alone won't clean up the banks' act

Jul 12, 2018 06:25 am UTC| Insights & Views Economy Law

Many entrenched motivations for misconduct in the banking sector have been uncovered by the ongoing royal commission. Not least are the conflicts of interest inherent in the major Australian banks providing financial,...

Dreams in an Empty City: a strikingly prescient morality tale about banking

Jul 12, 2018 06:16 am UTC| Insights & Views Economy

In our Great Australian Plays series, we nominate the best of Australian drama. There is no single event foreshadowing the darker mood of the 1980s, as the election of the Whitlam Labor government presaged the expansive...

Global Geopolitical Series: U.S. slaps duties on steel racks from China

Jul 12, 2018 06:04 am UTC| Commentary Economy

Yesterday, the U.S. Commerce Department announced that it has concluded its investigation into imports of steel racks from China and the department has found that exporters from China received benefits from 28 subsidy...

New Zealand’s headline CPI likely to rise 0.1 pct q/q, 1.2 pct y/y: ANZ Research

Jul 12, 2018 06:01 am UTC| Commentary Economy

New Zealands headline consumer price inflation is expected to have risen 0.1 percent q/q in the second quarter of this year. This would bring annual inflation to 1.2 percent a 0.1 percentage point lift from Q1, but well...

Australian dollar likely to end 2018 at 74 US cents, end 2019 at 76 US cents: St George Economics

Jul 12, 2018 04:43 am UTC| Commentary Economy

The Australian dollar is expected to end this year at 74 US cents and end 2019 at 76 US cents, according to the latest research report from St. George Economics. A multitude of factors have placed downward pressure on the...