Guide to today’s important data and events
Apr 15, 2016 04:30 am UTC| Commentary
Not many economic dockets scheduled for today, only few with high risks associated. Data released so far: China Retail sales increased 10.5% y/y in March. Industrial production for February up 6.8% y/y. urban...
Asian markets mix ahead of G20 and IMF meetings, Gold hovers around $1230
Apr 15, 2016 03:57 am UTC| Commentary
All the major Asian indices are trading on a mix note after china released GDP data with flat numbers at 6.7% q/q while industrial production increases sharply to 6.8% m/m vs 5.4% m/m. On the other side, Japanese Yen...
Apr 14, 2016 15:37 pm UTC| Commentary Central Banks Economy
The Monetary Authority of Singapore (MAS) on Thursday, surprised the market by loosening its monetary policy. The central bank set a target of a zero per cent currency appreciation, and said that this change of stance was...
German SMEs business climate improved in March, easing fears of an economic slowdown
Apr 14, 2016 14:54 pm UTC| Commentary
Fears of a downturn in German economy seem to have faded for now. KfW-ifo SME Barometer showed that in March assessments of the current business situation improved by 2.0 points on February to 25.0 balance points. The...
Brazil Central Bank on hold for now, risks tilted towards earlier cuts
Apr 14, 2016 14:22 pm UTC| Commentary
Brazil currently experiences its worst economic performance since the 1930s, and with a combination of high inflation and large declines in terms of trade is unlikely to see much improvement. Brazils economy is shrinking...
Can BoJ succeed to obtain a 'carte blanche' for interventions at G20 meet?
Apr 14, 2016 14:07 pm UTC| Commentary
Currency policy is seen high on the agenda at the upcoming G20 meet in the face of subdued global growth. The Bank of Japan and the government are watching currency markets as the yen has gained more than 10 percent...
U.S. Treasury bond yields rise despite wave of disappointing economic data
Apr 14, 2016 13:37 pm UTC| Commentary
The U.S treasury bonds yield gained on Thursday despite weaker than expected CPI and employment figures. The yield on the benchmark 10-year Treasury note, which moves inversely to its price, moved higher 2.40 pct to 1.804...
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