Budget explainer: if you want to know about the economy, look past the budget forecasts

Apr 20, 2017 03:15 am UTC| Insights & Views Economy

When the federal government releases its annual budget it provides an economic outlook that includes forecasts and key indicators of the state of the economy. But we should be critical of some of these numbers. Many either...

Fed’s Beige Book suggests continued moderate U.S. economic growth

Apr 19, 2017 21:57 pm UTC| Commentary Economy

The U.S. Feds Beige Book shows that the American economic activity has continued to grow at a modest-to-moderate rate across the nation between the period of mid-February and the end of March, noted TD Economics in a...

Perception of Brazilian sovereign credit risk improves significantly, notes Scotiabank

Apr 19, 2017 17:10 pm UTC| Commentary Economy

The Brazilian exchange rate environment is stable currently. The Brazilian real continues to be the best performing currency in the Americas. The BRL strengthened 17 percent against the US dollar in the last 12 months....

IMF upgrades Australia's growth forecasts, expects 2017 GDP at 3.1 pct

Apr 19, 2017 13:42 pm UTC| Commentary Economy

In its latest World Economic Outlook report published overnight, the International Monetary Fund (IMF) raised its growth forecasts for the Australian economy. The IMF upgrades Australian GDP to 3.1 percent for 2017, from...

U.S. Treasuries slide ahead of FOMC member Rosengren’s speech, initial jobless claims

Apr 19, 2017 12:09 pm UTC| Commentary Economy

The U.S. Treasuries slid ahead of the Federal Open Market Committee (FOMC) member Eric Rosengrens speech, scheduled for later in the day. Also, the countrys initial jobless claims, due for release on April 20 will further...

Bank Negara Malaysia to look through inflation surge, likely to hold key policy rate at 3 percent

Apr 19, 2017 11:49 am UTC| Insights & Views Economy Central Banks

Malaysias consumer price inflation hit an eight-year high in March, data released by the Malaysian statistics department showed on Wednesday. Malaysias headline inflation accelerated to 5.1 percent in March, from 4.5...

RBI likely to remain firmly in a neutral mode through 2017 due to sticky core inflation, says ANZ Research

Apr 19, 2017 11:23 am UTC| Commentary Central Banks Economy

The Reserve Bank of India (RBI) is expected to remain firmly in a neutral mode throughout 2017, owing to sticky core inflation and its focus on meeting its 4 percent CPI inflation target for March 2018. In its April...