FED Hike Aftermath Series: Market just shy of pricing a September hike
Mar 04, 2016 11:02 am UTC| Commentary Central Banks
Market mood seems to have changed. We are getting lot of evidence of such. We had expected a much larger correction this time around and fundamentally speaking it was due but it seems the bears or the correction callers...
China’s oil consumption intensity unlikely to converge peers
Mar 04, 2016 10:51 am UTC| Commentary
Currently, China is the second largest oil consumer in the world, after the US. Chinas oil consumption per capita rises until a certain point of development and then flattens out. However, while climbing, oils consumption...
Metals consumption likely to continue rising in China on expected growth of investment
Mar 04, 2016 10:15 am UTC| Commentary
Chinas future commodity consumption will mainly depend on the path of its income growth. Chinas population, while its huge in terms of level, the growth is slowing. This implies that Chinas increased commodity consumption...
Fall in moving average of US initial jobless claims show low trend level of labor market separations
Mar 04, 2016 09:39 am UTC| Commentary
In the week ended 27 February, the initial jobless claims in the US increased to 278k, rising by 6k. This was moderately more than consensus expectations of 270k. The four-week moving average of initial claims fell to...
Oil in global economy series: Middle East customer base is more diversified than Russia
Mar 04, 2016 09:27 am UTC| Commentary
As oil price has dropped about 70% from its 2014 summer peak, all in all global oil producers are in tough position. However, situation and level of risks differs from region to region. Like biggest threat to Saudi Arabia...
US productivity growth continues to be sluggish
Mar 04, 2016 09:12 am UTC| Commentary
In the second estimate of Q4 2015 data the US nonfarm business output per hour was revised to -2/2% q/q saar. This report mainly shows revisions to nonfarm business output that were covered in the recent second estimate of...
Brazil’s real GDP likely to contract at lower magnitude in H1 2016, but downside risk remains
Mar 04, 2016 09:11 am UTC| Commentary
Brazils real GDP growth contracted 1.4% sa in Q4 2015, as compared with consensus forecast of a contraction of 1.6% sa and Barclays forecast of 1.3% sa contraction. The downward surprise in Q4 2015s real GDP was due to...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
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