Worrisome Signs Series: Weak Baltic index claims Hanjin as victim
Sep 01, 2016 10:57 am UTC| Commentary Economy
Relentless slide in Baltic indexes, which are extensively used by shipping industry as a rate to charge for shipping has finally claimed a major victim and that is Hanjin shipping, which is the largest container carrier in...
Worrisome Signs Series: Slowdown of US economy is evident in the RGDP numbers
Aug 31, 2016 11:35 am UTC| Commentary Economy
U.S. economy is slowing down and many of the indicators like Total business sales, industrial production, and real gross domestic private investments are pointing to the possibilities of a recession ahead. In such an...
It's not just the economy, stupid; it's whether the economy is fair
Aug 29, 2016 00:17 am UTC| Insights & Views Economy
Most experts say globalisation spreads wealth, bringing people out of poverty and nations closer together. But right now some politicians and their supporters are arguing it simply increases inequality. Whats really going...
Worrisome Signs Series: US durable goods trend worst since great recession
Aug 26, 2016 06:53 am UTC| Commentary Economy
Data released yesterday show that the durable goods orders rose by 4.4 percent in July and 1.5 percent when transportation is excluded. That is quite a figure and should spark optimism. Yet, we at FxWirePro, are left with...
Chart of the Day: Global concerns
Aug 22, 2016 16:29 pm UTC| Commentary
This fantastic chart shared by World Economic Forum showed what are the biggest worries of the world. Surprisingly, Climate change came at the first spot as the biggest concern right now. Given the number of active...
Systemic banking crisis likely to hamper Portuguese growth, says Barclays
Aug 22, 2016 09:00 am UTC| Commentary Economy
Portugals economic growth is expected to slow down through this year and next, as the country struggles with a systemic banking crisis, the lack of a convincing medium-term fiscal plan and excessive public and private...
European debt crisis could be back in focus in October
Aug 22, 2016 07:03 am UTC| Commentary Economy
European debt crisis, which has been haunting the region since 2011 and has been off and on from the limelight could again be back into the light in October, depending on the rating agency DBRS Ltd. DBRS is the only one...
Trade Wars Heat Up: EU and China Push Back Against US Tariffs