JGBs close higher despite better-than-expected Q1 GDP; eyes on super-long 3-year auction

Jun 10, 2019 06:02 am UTC| Commentary Economy

The Japanese government bonds closed higher on the first trading day of the week Monday after investors have largely shrugged-off the better-than-expected rise in the countrys gross domestic product (GDP) for the first...

USD/CNY, USD/CNH likely to trade towards 6.80 and 6.70 if U.S.-China agree to resume bilateral trade talks in Q3: Scotiabank

Jun 10, 2019 04:43 am UTC| Commentary Economy

The USD/CNY and USD/CNH would trade towards 6.80 and then 6.70 should the US and China agree to resuming their bilateral trade negotiations in the third quarter of this year, according to the latest research report from...

RBA likely to cut Cash Rate by 25bp in August and November, says ANZ Research

Jun 10, 2019 02:28 am UTC| Commentary Central Banks Economy

The Reserve Bank of Australia (RBA) is expected to cut the benchmark Cash Rate by 25 basis point at its monetary policy meetings in August and November, taking the rate to 0.75 percent by end of this year, according to a...

Financial incentives could spur cities and land owners to protect wetlands

Jun 07, 2019 16:04 pm UTC| Insights & Views Economy

New York City processes about 1 billion gallons of water every day. To do so, it doesnt rely on water filtration plants alone. It also depends on the natural filtration capacity of the upstream Catskill Catchment. The...

Expect weak economic growth for quite some time. What Wednesday's national accounts tell us

Jun 07, 2019 16:02 pm UTC| Insights & Views Economy

The Australian economy grew by just 0.4% in the March quarter. It was a pick up from 0.2% in the December quarter, but over the year the four quarters taken together amounted to only 1.8%. Its the first time Australias...

Employed but still poor: the state of low-wage working poverty in South Africa

Jun 07, 2019 15:55 pm UTC| Insights & Views Economy

Paid employment is generally considered the predominant and most sustainable way of pulling people out of poverty. But the past two decades have seen a global rise in the complex phenomenon of the working poor. South...

If we fall into a recession (and we might) we'll have ourselves to blame

Jun 07, 2019 15:52 pm UTC| Insights & Views Economy

The facts are not in dispute. Annual GDP growth has fallen to 1.8%. On a per-capita basis we have had three consecutive quarters of negative growth. The last time that happened was during the drought and recession of...