Worrisome Signs Series: China’s trade balance
Nov 08, 2016 10:51 am UTC| Commentary Economy
Today, Chinese trade balance data got published and it was a relatively weak one. Weak enough to spark concerns with regard to not just the Chinese economy but global economy as well. Chinese trade balance came at...
Worrisome Signs Series: NY Fed recession indicator at highest level since great recession
Oct 28, 2016 11:40 am UTC| Commentary Economy
Deutsche Bank has issued a warning that the outlook for the US economy remains fragile and the possibility of a recession looming ahead remains high. Recently another investment bank, J.P. Morgan has said that there are...
Will Germany flout Europe's bail-in rules if Deutsche Bank needs rescuing?
Oct 26, 2016 09:30 am UTC| Insights & Views Business Economy
Will Deutsche Bank need rescuing? Its a question that is being asked as a big beast of global banking gears up to announce its third quarter results on October 27. With losses expected to be north of 600m (534m), the...
Biggest risks in global markets according to global fund managers
Oct 19, 2016 08:39 am UTC| Commentary Economy
The BofAML global survey involving 171 fund managers, holding $443 billion in assets, showed that the asset managers are wary of following risks. According to the fund managers survey, EU disintegration is the...
UK stock market dives into turbulent waters as FTSE approaches record high
Oct 06, 2016 14:43 pm UTC| Insights & Views
The UKs index of leading companies, the FTSE 100, has broken the 7,000 points barrier and is approaching all-time highs at what might look like a deeply fragile moment. Markets are placing higher and higher values on...
Latest IMF forecast paints a bleak picture for global growth
Oct 05, 2016 12:41 pm UTC| Insights & Views Economy
The International Monetary Fund has published its latest report on the future prospects for the worlds economies. The forecasts paint a subdued picture, predicting global Gross Domestic Product to rise by 3.1% this year...
Worrisome Signs Series: Construction spending shrinks for first time in five years
Oct 04, 2016 11:04 am UTC| Commentary Economy
According to latest data released this week, construction spending in the United States declined for the fourth time in five months. Since April, spending has declined every month except for in July, when it remained flat...
Trade Wars Heat Up: EU and China Push Back Against US Tariffs