Central Banking Series

Bank of Canada to keep interest rate unchanged, unlikely to hike in 2017

Jan 18, 2017 05:07 am UTC| Central Banks Commentary Economy

The Bank of Canada (BoC) is expected to hold its first monetary policy meeting of 2017 on January 18. It is widely expected to maintain its bank rate at a historic low of 0.50 percent amid global market...

Xi Jinping may be preaching trade, but China's opening up has slowed

Jan 18, 2017 02:58 am UTC| Insights & Views Economy

When it comes to offering global economic leadership, the divergence in narrative and optics coming from the US and China could hardly be starker. On Tuesday Chinese President Xi Jinping became the first Chinese leader...

Briferendum Aftermath Series

Theresa May confirms it'll be a hard Brexit – here's what that means for UK trade

Jan 18, 2017 02:49 am UTC| Insights & Views Politics Economy

Today, Theresa May confirmed that the UK government intends to leave the EUs single market and customs union. The consequences of this decision from a trade perspective should not be underestimated. The single market...

Chart of the Day Series

Chart of the Day: Inequality at its best

Jan 17, 2017 15:35 pm UTC| Commentary Economy

This chart probably explains, why socialism is on the rise all acrossthe world, along with the right-wing nationalists. Once is challenging the order od the corporates, while the other is challenging globalism. The...

A new deal with capitalism requires a revolution in politics and markets

Jan 17, 2017 14:48 pm UTC| Insights & Views Economy

Many people feel that the capitalist economic system delivers wealth to a few and somehow cheats the rest of opportunity. I agree: our market system is being looted by a small minority and the only real solutions call for...

Was 2016 the year the world turned its back on free trade?

Jan 17, 2017 13:51 pm UTC| Insights & Views Economy

Fear of and misunderstanding about free trade and globalisation brought us a turbulent 2016. And the last few months have been a wake-up call about the dramatic slowdown in international trade, presaging a major change in...

Global Reflation Series

Global reflation Series: Carney maintains either side rhetoric amid spark in inflation

Jan 17, 2017 11:53 am UTC| Commentary Economy Central Banks

The Bank of England (BoE) governor Mark Carney reiterated that the very next move from the central bank has equal chances of getting either way. He said, while the central bank can choose how it achieves the target and...