Remain or Leave? Arguments for and against UK’s EU membership
Jun 20, 2016 12:48 pm UTC| Commentary Economy
An arrayof projections that are beingmade in run up to theJune 23 UK referendum would soon turn into a reality. These future anticipatons are likely topose some formidablechallenges before the UK as well as for theEuropean...
Jun 20, 2016 12:41 pm UTC| Commentary
Energy pack is up in todays trading. Weekly performance at a glance in chart table. Oil (WTI): WTI is up as investors pick up risky assets. Todays range $46 -49.1 WTI is currently trading at $49/barrel....
Currency snapshot (commodity pairs)
Jun 20, 2016 12:33 pm UTC| Commentary
Dollar index trading at 93.68 (-0.11%) Strength meter (today so far) Aussie +1.36%, Kiwi +0.96%, Loonie +0.62% Strength meter (since last week) Aussie +1.36%, Kiwi +0.96%, Loonie +0.62% AUD/USD Trading at...
Currency snapshot (major pairs)
Jun 20, 2016 12:25 pm UTC| Commentary
Dollar index trading at 93.69 (-0.10%) Strength meter (today so far) Euro +0.55%, Franc -0.15%, Yen -0.51%, GBP +2.14% Strength meter (since last week) Euro +0.55%, Franc -0.15%, Yen -0.51%, GBP +2.14% EUR/USD...
China’s property prices show early signs of softening momentum
Jun 20, 2016 12:10 pm UTC| Insights & Views Economy Commentary
According to data released over the weekend by National Bureau of Statistics, Chinas property prices are showing some early signals of softness. Average new home prices in 70 major cities climbed 6.9 percent last month...
Gradual rise in US underlying inflationary pressures expected
Jun 20, 2016 12:04 pm UTC| Commentary Economy
The US Fed officials, in updated forecasts, kept their projections of a slow increase in underlying inflationary pressures. The US Fed projects core deflator to accelerate to 1.7 percent in the last quarter of this year....
'Bremainers' overshadow 'Brexiteers' in latest UK polls
Jun 20, 2016 11:40 am UTC| Economy Commentary
The latest polls by various corporate bodies in the United Kingdom on the June 23 Brexit referendum have reversed, with the percentage of citizens in favor of staying in the European Union outnumbering those who oppose...
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