US labor market health likely to remain intact
Feb 26, 2016 09:30 am UTC| Commentary
US initial jobless claims for the week ending 20 February increased to 272k, on par with consensus expectations of 270k. The earlier weeks claims for the February survey week, were unrevised at 262k. The four-week moving...
Feb 26, 2016 09:29 am UTC| Commentary
Singapores industrial output declined just 0.5% y/y in January, as compared with consensus expectations of a drop of 5.1%. Industrial production, on a seasonally adjusted month-on-month basis grew sharply by 9.3%....
Worrisome signs series: Baltic dry index hits record low
Feb 26, 2016 08:54 am UTC| Commentary Economy
In our previous article under the series we discussed about the weakness in global trade that is likely to hinder global growth, citing World Trade Monitor report, which showed global trade contracted by -13.8% in 2015, in...
Worrisome signs series: Global trade contracts biggest since 2008/09 crisis
Feb 26, 2016 07:31 am UTC| Commentary Economy
Historically speaking, without recovery in trade there has hardly been any economic and social recovery. So far, since 2008/09 crisis, ultra-loose monetary policy from United States has achieved low unemployment, in US it...
Deterioration of Brazil’s labor market likely to continue
Feb 26, 2016 07:16 am UTC| Commentary Economy
Brazil posted a lower than expected jobless rate of 7.6% in January. In seasonally adjusted terms, the jobless rate fell to 7.8%, as compared with Decembers 8.2%. This was the first decline in the past 12 months. However,...
US durable goods orders grows in January, equipment investment likely to rebound
Feb 26, 2016 07:15 am UTC| Commentary
The US recorded a growth of 4.9% m/m in durable goods orders in January on a solid recovery in the volatile aircraft component. However, the details of the report bode well for equipment investment in Q1. Also it should...
Key commentaries from PBoC's Zhou Xiaochuan
Feb 26, 2016 06:48 am UTC| Commentary Central Banks
Peoples Bank of China (PBoC) Governor Zhou Xiaochuan assured investors ahead of G20 finance ministers and central bankers meeting, of the banks ability to manage current crisis and contain excessive volatility in its...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects