Czech National Bank keeps policy rate unchanged, revises up inflation forecast
Feb 03, 2017 06:47 am UTC| Commentary Economy Central Banks
The Czech National Bank (CNB) left policy rates unchanged and maintained the EUR/CZK floor at 27 in a unanimous decision at its monetary policy meeting on February 2. The CNB reiterated its plan to exit from the EUR/CZK...
FxWirePro: The Day Ahead- 3rd February 2017
Feb 03, 2017 05:19 am UTC| Commentary Economy Central Banks
Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: New Zealand: ANZ commodity prices declined 0.1 percent in January. Japan: Markit...
How storytelling drives finance and economics
Feb 03, 2017 04:29 am UTC| Insights & Views Economy
In his recent presidential address to the American Economic Association, Nobel Laureate Bob Shiller drew attention to the importance of narratives in economics and, particularly, in financial markets. This corroborates...
New coal plants wouldn't be clean, and would cost billions in taxpayer subsidies
Feb 02, 2017 15:41 pm UTC| Insights & Views Economy
Following a campaign by the coal industry, Prime Minister Malcolm Turnbull has argued for new coal-fired power stations in Australia. But these plants would be more expensive than renewables and carry a huge liability...

Chart of the Day: $20 trillion
Feb 02, 2017 15:21 pm UTC| Commentary Economy
The total public debt outstanding in the United States is just $60 billion short of hitting the $20 trillion mark. The debt gathering picked up pace since the globalization expanded in 2000 and gained pace after 2008...
Feb 02, 2017 14:52 pm UTC| Commentary Economy
Germanys Deputy Finance Minister Michael Meister speaking at a business conference in Berlin on Thursday said that need for low interest rates from the ECB can be eliminated if Euro zone countries focus on solving...
IMF's Furusawa warns of risk to U.S. growth outlook due to uncertain policy
Feb 02, 2017 14:35 pm UTC| Commentary Economy
Making a scheduled speech at an event in Tokyo, IMFs deputy managing director Mitsuhiro Furusawa on Thursday warned of risks to U.S. growth outlook on account of uncertainty over the new administrations policies. Furusawa...