U.S. Election Series: Democratic supporters as divided as Republicans
May 19, 2016 07:35 am UTC| Commentary Politics
This week, Democratic Presidential Election nominees saw, two more primaries, in Kentucky and in Oregon. In Kentucky, Hilary Clinton won and secured 27 delegates, same as Bernie Sanders, one delegate is yet to be...
Indian bonds mixed on weak rupee, tumbling crude
May 19, 2016 07:24 am UTC| Commentary
The Indian government bonds traded mixed on Thursday as the rupee deprecated after FOMC April meeting minutes from the U.S. Federal Reserves strengthened bets of an interest rate hike in June. On the contrary, investors...
Polish April wage growth data surprised on the upside, may help delay rate reduction cycle
May 19, 2016 07:20 am UTC| Commentary
Polands labor market data surprised on the upside in April, with solid of job witnessed in transport, manufacturing and trade. Wage growth accelerated 4.6% y/y last month as compared with consensus projection of 3.8%...
Malaysian CB likely to keep rate on hold despite easing inflation, slowing GDP
May 19, 2016 07:15 am UTC| Commentary
The Central Bank of Malaysia is expected to keep policy on hold, in its meeting today, maintaining the Overnight Policy Rate at 3.25 pct, despite easing inflation and slowed GDP in the recent months. The April headline...
FOMC April meeting minutes hint at possibility of rate hike in June
May 19, 2016 07:04 am UTC| Commentary
The US Fed meeting minutes released yesterday showed quite a hawkish view of Fed officials. This indicates that several participants believed in April that it is appropriate to raise rates in June if the incoming data...
Moody’s rating agency cuts US growth forecast
May 19, 2016 07:03 am UTC| Commentary
Moodys rating agency has reduced this years growth forecast of United States from 2.3% to 2%, however it recognized underlying strength in some parts of the economy. It forecasted 2.3% growth next year and expects Federal...
EC delays penalty decision on Spain and Portugal on breaking budget rules
May 19, 2016 06:38 am UTC| Commentary
The European Commission has delayed announcement of a penalty decision against Spain and Portugal for breaking budget rules during handling campaign for Britain to leave the European Union. Brussels said the postponement...
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
Why Germany ditched nuclear before coal – and why it won’t go back
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight