Jul 14, 2016 11:23 am UTC| Commentary Central Banks
The Bank of England (BoE) has kept rates on hold and has also refrained from raising the stimulus package. While it came as a surprise to many, we at FxWirePro werent shocked. Governor Carney has already said that August...
Briferendum Aftermath Series: Monetary policy stimulus likely to get support from fiscal friend
Jul 14, 2016 11:09 am UTC| Commentary
The Bank of England (BoE) governor might get a helping hand in his bid to limit the risks and stabilize the UK economy. Former Chancellor of Exchequer George Osborne became synonymous with the word austerity as he drove...
Swiss producer and import price index falls in June
Jul 14, 2016 10:56 am UTC| Commentary Economy
The producer and import price index of Switzerland continued to drop in the month of June, consistent with consensus expectations, according to Switzerlands Federal Statistical Office. On a year-on-year basis, the producer...
What’s coming from the Bank of England today?
Jul 14, 2016 10:33 am UTC| Commentary Central Banks
Probably nothing. Not because of the fact that the bank isnt prepared to action or the UK economy doesnt need support, it is because of the simple reason that it is too early. It is too early to judge what kind of...
US retail sales likely to have dropped in June on strong decline in motor vehicle sales
Jul 14, 2016 10:32 am UTC| Commentary
Retail sales in the US are expected to have declined in the month of June, owing to the sharp fall in auto sales. Last month, auto sales declined 4.4 percent to 16.6 million, the second-weakest figure since February...
US Election Series: Who would be Donald Trump’s running mate?
Jul 14, 2016 10:11 am UTC| Commentary Politics
Historically speaking, the picking up of a running mate usually doesnt make much of a difference for the race to the White House but this time around it is likely to be a deviation in the case of Donald Trump, who said in...
China’s economic growth likely to have decelerated further in Q2
Jul 14, 2016 09:44 am UTC| Commentary Economy
Chinas economy is likely to have slowed further in the second quarter of 2016. According to a Societe Generale research report, the GDP growth is likely to have slowed to 6.5 percent in the second quarter from first...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects