May 20, 2015 15:50 pm UTC| Commentary
Western Union:The worlds No. 3 economy grew at an annualized rate of 2.4% in the first quarter, the fastest in a year and the second quarter in a row of expansion.Nevertheless, the encouraging data wasnt enough to...
May 20, 2015 15:50 pm UTC| Commentary
Western Union:A hawkish tinge to the latest Bank of England minutes helped sterling catch a modest bounce against the otherwise stronger greenback. All nine officials voted to keep U.K. rates parked at record lows of...
May 20, 2015 15:49 pm UTC| Commentary
Western Union:The euro bled more buoyancy and at one point earlier fell below $1.11 to levels last reached three weeks ago. The euro has suffered gut punches this week in dovish intimations from senior members of the ECB,...
Beijing's stance on fiscal reform is softening for the moment
May 20, 2015 15:29 pm UTC| Commentary
Knowing that Beijing has not yet given up on economic growth, it is not surprising to see that its stance on fiscal reform is softening for the moment.Beijings top priority has again shifted (temporarily) from reform to...
Investors still cautious on precious metals, for now
May 20, 2015 11:29 am UTC| Commentary
Over the past month, precious metal prices have posted decent gains, led by silver. While the technical outlook is improving, investor sentiment remains broadly bearish. This suggests further price upside if speculative...
Underemployment to keep a lid on German pay growth
May 20, 2015 10:28 am UTC| Commentary
The recent drop in German unemployment points to a sharp rise in wages that might make ultra-loose ECB policy difficult to justify. But there is more slack in the labour market than the headline figures imply and analysts...
This year's coffee crops in Brazil and Vietnam continue to differ considerably
May 20, 2015 10:14 am UTC| Commentary
The estimates for Brazils 2015/2016 coffee crop, harvesting of which is now underway, continue to differ considerably, various observers pitching their forecasts from anything between 49 and nearly 52 million bags. The...
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
Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects