Japan's wage and price data to remain key for BOJ's monetary policy
Jul 15, 2015 03:54 am UTC| Commentary Central Banks
Considering that there are signs of wage growth even at smaller firms in Japan, as defined in the Ministry of Health, Labor and Welfares Monthly Labor Survey, a rise in wages and prices for services starting this summer...
A new chapter of hope for Iran
Jul 15, 2015 03:48 am UTC| Commentary
The accord seeks to end nearly 12 years of nuclear disputes between Iran and the western powers led by the US. The full details of the deal are not yet known, but it would mean tough new curbs on Irans nuclear programme in...
BoJ unlikely to significantly change its optimistic growth and inflation outlook
Jul 15, 2015 03:46 am UTC| Commentary
The BOJ will issue an interim assessment of its Outlook for Economic Activity and Prices at this meeting, and based on the last three months of data, it is unlikely to significantly change the optimistic economic and...
Jul 15, 2015 03:42 am UTC| Commentary
The BOJ will hold a Monetary Policy Board meeting on 14-15 July. It is expected to adhere to its current monetary policy framework, including the amounts and residual maturities of its bond purchases.A snapshot of the...
Fed, higher “dots" more likely?
Jul 15, 2015 03:34 am UTC| Commentary Central Banks
The hurdle for Fed moving NAIRU further down is quite high. Pushing it below 5% would require solid justification, based on more than guesswork about future shifts in the Beveridge curve. What if the unemployment rate...
US unemployment rate likely to undershoot the Fed’s forecast
Jul 15, 2015 03:27 am UTC| Commentary
The average pace of US unemployment rate declines has hovered near 0.8% per year, during the entire recovery period. Yet, the FOMC forecast assumes that the trajectory will flatten out dramatically over the coming...
South Korea resurgent hiring in manufacturing offsets MERS impact on services
Jul 15, 2015 02:25 am UTC| Commentary Economy
The seasonally adjusted unemployment rate remained unchanged at 3.9% in June (Barclays: 3.9%; consensus: 4.0%), after ticking lower in March and April from a February high (Apr and Mar: 3.7%; Feb: 3.9%; Jan: 3.4%). The...
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