Chart of the Day Series

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...

Central Banking Series

US under Trump Series

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...

Swiss consumer inflation improves in December, in line with market expectations

Jan 05, 2017 11:58 am UTC| Commentary Economy

Consumer inflation in Switzerland improved during the month of December, remaining widely in line with what markets had earlier anticipated. Swiss consumer prices declined 0.1 percent in December, which was in line with...

Global Reflation Series

Global Reflation Series: PPI inflation in Europe for first time since 2013

Jan 05, 2017 11:39 am UTC| Commentary Economy

The producer prices in the Eurozone rose for the very first time since 2013, which shows that the stubbornly low inflation in the single currency bloc might finally be gaining some momentum. The producer price inflation...

EM Asian currencies likely to remain weak against greenback this year, says Scotiabank

Jan 05, 2017 10:54 am UTC| Economy Commentary

EM Asian currencies are expected to continue to be primarily driven by the odds of Fed rate hikes that could change in response to U.S. macro data, Fed comments/minutes and President-elect Donald Trumps economic and fiscal...

U.K. service sector growth hits 17-month high in December on sharp rise in new businesses

Jan 05, 2017 10:30 am UTC| Commentary Economy

Growth in the United Kingdoms services sector has hit a 17-month high during December, following the sharpest rally in new businesses since July 2015. Also, output price inflation hit 68-month record high during the...