Push for a Commonwealth trading bloc further politicises free trade
Jan 27, 2017 02:23 am UTC| Insights & Views Economy
A UK-based lobby group has come up with an idea that has been endorsed by Australian and British politicians alike - a Commonwealth trading bloc. The Free Enterprise Group (FEG) made its case in its Reconnecting with...
Markets pricing in around 50 pct chance of ECB rate hike by Jan 2018
Jan 26, 2017 16:39 pm UTC| Commentary Economy
German Finance Minister Wolfgang Schaeuble in its latest speech called on the bank to unwind ultra-expansionary policy in 2017. While the blocs inflation quickened to a three-year high of 1.1 percent y/y in December 2016,...

UK Q4 GDP figures show resilience of economy, but Brexit likely to dampen economic activity in 2017
Jan 26, 2017 12:07 pm UTC| Insights & Views Economy
UK growth figures for Q4 confirm resilience of UK economy. Data released by the Office for National Statistics (ONS), showed preliminary estimate of UK Q4 GDP rose 0.6 percent q/q, the same growth rate as in the two...
Jan 26, 2017 12:03 pm UTC| Economy Commentary Central Banks
The Central Bank of Russia (CBR) is expected to hold its first monetary policy meeting for 2017 on Friday, February 3. The central bank is widely expected to maintain its interest rate at 10 percent as the countrys...
Jan 26, 2017 10:29 am UTC| Economy Commentary Central Banks
The Bank of England (BoE) is expected to hold its first monetary policy meeting for 2017 on Thursday, February 2. The central bank is widely expected to maintain its interest rate at a historic low of 0.25 percent amid...
Renminbi Series: Yuan’s internationalization stalled in 2016
Jan 26, 2017 10:05 am UTC| Commentary Economy
The Chinese yuan has been steadily losing its attraction, according to a report by Swift payment system. As an effect of economic stagnation, uncertainties surrounding high levels of domesticdebt, higher volatilities and...
US under Trump Series: Embrace UK, slam Germany; a clever strategy for trade
Jan 26, 2017 09:56 am UTC| Commentary Economy
Earlier this month in an interview with a British conservative member of the parliament Michael Gove and the German newspaper Bild, US President Donald Trump said that he is ready to move fast and make a trade deal with...