Spanish general election: Expect a minority government
Sep 17, 2015 23:10 pm UTC| Commentary
The political landscape of Spain has changed radically as two new parties are now polling strongly in third and fourth place (Podemos and Ciudadanos), taking voters away from traditional parties, including the two main...
Greece faces a too-close-to-call election on Sunday
Sep 17, 2015 22:44 pm UTC| Commentary
Greece faces a too-close-to-call election on Sunday and the results could well result in a hung parliament despite assurances to the contrary. The election was called when Prime Minister Alexis Tsipras resigned his post on...
September FOMC is repeat of July, disappointing and USD bearish
Sep 17, 2015 22:16 pm UTC| Commentary
The Fed left rates on hold - that much was mostly expected (futs were 70% priced for that outcome). But the statement that accompanied it was about as dovish as it could be, set against ongoing labour market improvement,...
Fed rate hike: If not now, when? A December lift-off is expected.
Sep 17, 2015 21:55 pm UTC| Commentary
The FOMC claims that its outlook for the US economy is "not fundamentally altered" and the risks are still "nearly balanced." And yet, the Committee appears to be more concerned about the downside risks - notably the...
Fed review: rates on hold now but first hike imminent
Sep 17, 2015 21:22 pm UTC| Commentary
Although the Fed decided to pass on raising rates today, the central bank remains on track for a rate hike this year. The central bank still seems to give more weight to the almost full achievement of its maximum...
Sep 17, 2015 20:53 pm UTC| Commentary
In a close and much anticipated decision, the Federal Open Market Committee (FOMC) left the fed funds rate at its current target range of 0 to ¼ percent. All other aspects of monetary policy including the...
September FOMC: Rate hike not now, but when?
Sep 17, 2015 20:34 pm UTC| Commentary
The committee upgraded its assessment of economic activity, in line with the stronger pace of incoming data. It described economic activity as having expanding at a moderate pace. The FOMC sees a range of labor market...
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
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