Explainer: the financialisation of housing and what can be done about it
Mar 23, 2017 06:18 am UTC| Insights & Views Economy Real Estate
A recent United Nations report on the right to adequate housing identifies the financialisation of housing as an issue of global importance. It defines the financialisation of housing as: … structural changes...
New Zealand bonds close modestly higher after RBNZ maintains neutral policy stance
Mar 23, 2017 05:51 am UTC| Commentary Economy
The New Zealand bonds closed modestly higher Thursday after the Reserve Bank of New Zealand (RBNZ) maintained a neutral policy stance at its monetary policy decision, held earlier today. The yield on the benchmark...
ECB's Villeroy calls for continuance of accommodative monetary policy
Mar 22, 2017 16:39 pm UTC| Commentary Economy Central Banks
European Central Bank (ECB) Governing Council member Francois Villeroy de Galhau speaking at a business conference in Frankfurt said that the ECB should continue pursuing accommodative monetary policies, even as inflation...
Chile's economy grows at 1.6 percent in 2016, weakest since 2009 recession
Mar 22, 2017 15:37 pm UTC| Commentary Economy
The Chilean economy posted a growth of just 1.6 percent during 2016, the weakest economic performance since the recession of 2009 when the economy dropped 1.0 percent. Real exports of goods and services and gross fixed...
Dairy prices unexpectedly rise at the latest GloblDairyTrade auction despite increase in supply
Mar 22, 2017 13:56 pm UTC| Commentary Economy
Dairy prices stabilised in Tuesdays GloblDairyTrade auction, rising slightly after two consecutive drops. Whole milk powder prices rose 2.9 per cent to US$2,855 a tonne. Analysts had been expecting a decline based on...
U.S. Treasuries jump as investors await initial jobless claims, Fed Chair Yellen’s speech
Mar 22, 2017 12:04 pm UTC| Commentary Economy
The U.S. Treasuries jumped Wednesday as investors wait to read the countrys initial jobless claims and the Federal reserve Chair Janet Yellens scheduled speech on March 23. The yield on the benchmark 10-year Treasury...
UK gilts climb ahead of February retail sales, BoE member Broadbent’s speech
Mar 22, 2017 09:49 am UTC| Commentary Economy
The UK gilts climbed Wednesday as investors wait to watch the February retail sales data and the Bank of England (BoE) member Broadbents speech, scheduled to be held on March 23. Also, todays 10-year auction later in the...