Worrisome Signs Series

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

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...

Emerging Market Crisis Series

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...

Renminbi Series

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...

Lower oil prices, market volatility to continue to weigh on Canada’s business sentiment

Feb 26, 2016 06:27 am UTC| Commentary Economy

Canadas small business confidence for February did not register much of a change. The CFIB Business Barometer Index rose by 0.3 points t o 54.7 in the month. The index continues to be around the lowest levels observed...

China Crisis Series

Chinese real estate continues fragmented recovery

Feb 26, 2016 06:08 am UTC| Commentary Real Estate Economy

According to latest data released today by National Bureau of Statistics (NBS), property prices in China edged up by 2.5% in January, from a year ago. This is highest reading since August 2014 and fourth consecutive...