China Crisis Series

FxWirePro: Shanghai equity index seems to have sent repel effects on PBoC's FX fixation - weak CNY daunts investors interest

Jun 01, 2016 07:42 am UTC| Insights & Views Central Banks

The Shanghai and Shenzhen Stock Exchanges imposed limits on the length of voluntary trading suspensions, effective from 27-May. It was set at three months for companies involved in major asset restructuring and one...

What the new overtime rules mean for you and your boss

Jun 01, 2016 02:36 am UTC| Insights & Views Law Business

Earlier this month, the Department of Labor outlined changes to the existing overtime exemptions. As you are probably aware, some employees are exempt from being paid overtime, meaning their employers dont have to pay...

Evolution of moral outrage: I'll punish your bad behavior to make me look good

Jun 01, 2016 02:19 am UTC| Insights & Views Life

What makes human morality unique? One important answer is that we care when other people are harmed. While many animals retaliate when directly mistreated, humans also get outraged at transgressions against others. And...

Come on Wales – outrage over Mars support for England football team is storm in a tea-break

Jun 01, 2016 02:06 am UTC| Insights & Views Sports

Welsh football fans are up in arms. They are calling for a boycott of Mars bars after claims that the confectionery super company has snubbed Wales and its fans by flaunting its support for England in the forthcoming...

Migrant Crisis Series

Greek asylum decision exposes the major flaw in EU-Turkey refugee deal

May 31, 2016 14:09 pm UTC| Insights & Views

The Greek authority that handles appeals by asylum seekers recently overturned a decision to reject the application of a Syrian refugee who arrived in Greece from Turkey. The original decision had turned on the fact...

Harambe the gorilla put zoo in a lose-lose situation – by being himself

May 31, 2016 13:45 pm UTC| Insights & Views Life

A gorilla at Cincinnati Zoo has been shot dead after a boy fell into his enclosure. When I told my wife, a former vice director of a zoo, she first asked if the boy was okay and then said how terrible for the keeper who...

FX Hedging Strategy Series

FxWirePro: Expect narrowed Polish deflation - CCS to tackle short term downswings, major uptrend and reduces hedging cost

May 31, 2016 13:24 pm UTC| Insights & Views

We estimate that deflation in May narrowed to -1.0% yoy from -1.1% in April, while on monthly terms consumer prices increased by 0.1%. We expect 0.2% mom growth in food prices and around 2.4% mom growth in transport...