US industrial sector likely to record weak growth in following quarters
Apr 18, 2016 05:17 am UTC| Commentary
US industrial output result in March was disappointing. Production declined 0.6%, much below consensus forecast for a drop of 0.3%. The weak data is because of annual revisions, which indicate that production was softer in...
Guide to today’s important data and events
Apr 18, 2016 04:17 am UTC| Commentary
Very few economic dockets scheduled for today and all with low to medium risks associated. Data released so far China House price index rose 4.9% in March better than 3.6% in February. Australia New motor...
Weak data and rising Yen raise scope for further policy easing from BoJ at April 27-28 meet
Apr 15, 2016 15:36 pm UTC| Commentary Central Banks
Bank of Japan will hold its two day monetary policy meeting on 27-28 April where it is expected to decide policy rate and update forecasts inflation and growth figures. Reuters poll shows 8 out of 16 analysts feel that the...
Commodities snapshot (precious & industrial)
Apr 15, 2016 15:02 pm UTC| Commentary
Metal pack is mixed today. Performance this week at a glance in chart table - Gold Gold is marginally down today as equities falter marginally worldwide. Todays range $1233-1225 Gold is currently...
RBA largely satisfied with moderation in house price growth and mortgage lending
Apr 15, 2016 15:01 pm UTC| Commentary Central Banks Real Estate
In its half yearly Financial Stability Review (FSR), the RBA indicated a sense of satisfaction with the moderation in house price growth and mortgage lending. RBA Financial Stability Review has ruled out concerns over...
Hungary builds goodwill with China, may tap onshore bond market after offshore issue
Apr 15, 2016 14:13 pm UTC| Commentary
Hungary sold a three-year CNY 1 billion (136.8 million) offshore yuan bond yesterday, and there is chance that it could issue an onshore Panda bond in China this year as well, economy minister Mihály Varga told the...
Currency snapshot (major pairs)
Apr 15, 2016 14:07 pm UTC| Commentary
Dollar index trading at 94.77 (-0.18%) Strength meter (today so far) Euro +0.20%, Franc -0.08%, Yen +0.39%, GBP +0.24% Strength meter (since last week) Euro -0.94%, Franc -1.64%, Yen -0.82%, GBP +0.35% EUR/USD...
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’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects