Weak global demand and stronger dollar still impact US manufacturing sector
Mar 02, 2016 05:40 am UTC| Commentary
The US ISM manufacturing index improved to a five-month high of 49.5 in February. However, the factory sector continues to be impacted by weak global demand and the strong dollar, despite the improvement. On the positive...
Brazil’s trade balance improves in February but fails to ease currency pressures
Mar 02, 2016 05:16 am UTC| Commentary
Brazils trade balance for February surprised on the upside, posting a surplus of $3.0bn, the biggest for the month in the historical series. Trade balance on a year-to-date basis recorded a surplus of $4.0bn, as compared...
Asian markets rally, Gold rejects $1248
Mar 02, 2016 03:55 am UTC| Commentary
All Asian markets are trading higher on Wednesday after Wall Street closed with sharp gains overnight. In addition Gold fails to break key resistance at $1248 marks and currently trading around $1228 levels. USD/JPY is...
Turkey's economic sentiment dives on political uncertainty
Mar 01, 2016 17:17 pm UTC| Commentary Economy
Turkstat reported confidence indices for February, data showed headline economic sentiment declined sharply from 83.9 to 71.5, mainly on the weakness of consumer sentiment, but weakness was also evident in the services...
Absence of headwinds from net-exports and inventories likely pushed up Poland's Q4 2015 GDP
Mar 01, 2016 16:40 pm UTC| Commentary Economy
Poland Q4 2015 GDP data released on Monday showed headline GDP growth was 1.1% qoq. Data portrayed a stable economy at the close of 2015. Domestic demand contributed all of the growth during Q4. Details showed that...
Mar 01, 2016 15:22 pm UTC| Commentary
Finland posted its first positive GDP reading in four years, finally showed return to growth after three consecutive years of contraction. Data showed that the Finnish real GDP increased by 0.4% in 2015. Q4 GDP...
No noticeable impact seen from the refugee crisis on German labour market
Mar 01, 2016 15:05 pm UTC| Commentary Economy
Data released on Tuesday showed that German unemployment dropped by a non-seasonally adjusted 9,300 in February, bringing the total number of unemployed down to 2.911 million, the best February reading since German...
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
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects