Denmark recovery on track, driven by growing labour force and stronger global and domestic demand
Jan 05, 2017 16:44 pm UTC| Commentary Economy
Denmark is set to extend economic recovery for the fifth consecutive year. Recovery in the Nordic nation has been relatively moderate till now. But there is more distinct possibility of a more robust recovery on robust...
China's new Silk Road is all part of its grand strategy for global influence
Jan 05, 2017 16:38 pm UTC| Insights & Views Economy
The first freight train from China to the UK has started its 12,000 mile journey from the industrial city of Yiwu in the east of China to London. Part of Chinas One Belt, One Road project to link east and west, it is all...
Global growth likely to support synchronised recovery among Nordic countries in 2017
Jan 05, 2017 15:31 pm UTC| Commentary Economy
Global economic cycle looks to be entering 2017 in a rather upbeat mood. Indicators are pointing to higher growth in all major regions at the same time which is likely to support open economies such as the...
German economists call for ECB rate rise after upbeat Eurozone CPI data
Jan 05, 2017 14:54 pm UTC| Commentary Economy
German economists called on the European Central Bank (ECB)on Thursday to raise interest rates after euro zone consumer prices grew faster than expected in December. - It is time for a normalization, Stefan Bielmeier,...

Chart of the Day: Robot replace
Jan 05, 2017 14:26 pm UTC| Commentary Economy
This chart showsone of the major structural changes which has very much affected employment, especially in the manufacturing sector. This chart is obtained from Bloomberg view article that discusses how the rise of the...

2016 ends with weaker jobs report from ADP
Jan 05, 2017 13:25 pm UTC| Commentary Economy
Today ADP employment numbers were released from US for the month of December. ADP number shows the US labor markets are showing a lot of volatility lately. There are two things to note in the headline...

Fed minutes confirm upside risks to inflation from Trump's fiscal boost
Jan 05, 2017 11:59 am UTC| Central Banks Economy Commentary
FOMC minutes from the December meeting suggested that the Fed policymakers thought the economy could grow more quickly because of fiscal stimulus under the Trump administration. Nevertheless, members expressed concerns...