Euro area’s retail sales sector outlook darkening, economy likely to slow in Q1
Mar 03, 2016 12:09 pm UTC| Commentary
The retail sales data for the month of January for euro area gave some relief that the consumer sector did not weaken as anticipated during the turn of the year. However, the sectors outlook is worsening. Euro areas retail...
US default rates edges up to highest since 2008/09 crisis
Mar 03, 2016 12:03 pm UTC| Commentary Economy Business
According to credit rating agency Standard Poor, US default rates edged up sharply in February and has reached highest level since 2009, surpassing the levels seen during the collapse of Lehman Brothers. In February it...
Briferendum series: France issues migrant threat upon Brexit
Mar 03, 2016 11:46 am UTC| Commentary
Fear show is not just over. France has issued fresh threats that Britain would face if voters choose to leave in June 23rd referendum. It has shown two fear card at the moment - migrants and red carpet. If Brexit is...
Increased consumer spending in US and China major keys to boost global growth
Mar 03, 2016 11:44 am UTC| Commentary
The global economy is still trying to create stronger growth. Aggregate demand still has to rebound in spite of very supportive monetary conditions globally. At the end of 2015, world trade volumes lost significant pace,...
Mar 03, 2016 11:22 am UTC| Commentary Technicals
In U.K. this weeks purchase managers index in all trajectories (manufacturing, construction and service) have been highly disappointing to miss forecasts. Manufacturing PMIs dropped vigorously from previous 52.9 to...
US non-farm payrolls likely grew in February, labor market to remain strong
Mar 03, 2016 10:59 am UTC| Commentary
US non-farm payrolls in February are likely to have grown by 230k, as compared with 151k jobs generated in January and consistent with 2015s average job growth of 228k per month. The positive projection is based on the...
Briferendum series: Norway’s ambition shows why EU not immune to Brexit
Mar 03, 2016 10:31 am UTC| Commentary
Financial market participants have largely concentrated over the risks to Britain if it chooses to leave European Union. However, we have been arguing while the cost could be heavier for Britain in the short run, proper...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
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