Apr 03, 2015 01:50 am UTC| Commentary
A nuclear deal framework for Iran was finally announced - marking a breakthrough after a month of talks - with parties aiming for a final agreement by the end of June. RBCs Head of Commodity Strategy Helima Croft says...
Drop in US oil production drives oil prices up sharply
Apr 02, 2015 12:12 pm UTC| Commentary
Oil prices made strong gains yesterday afternoon. At its peak, Brent increased by more than 4% to just shy of $58 per barrel, while WTI surged by more than 5% to $50.5 per barrel. The upswing was triggered by data from...
ECB minutes should dampen QE taper talk
Apr 02, 2015 12:07 pm UTC| Commentary
The minutes of the ECBs monetary policy meeting on 4th 5th March should help to dampen suggestions that the recent signs of improvement in the euro-zone economy will prompt the ECB to end its quantitative easing (QE)...
Philippines inflation likely eased in March
Apr 02, 2015 10:03 am UTC| Commentary
The Philippines will release March inflation data on 7 April. Inflation likely remained anchored owing to steady core inflation as most components of core inflation (health, education and recreation) were stable."The...
RBA likely to maintain cash rate at 2.25% in a close call
Apr 02, 2015 07:16 am UTC| Commentary
The Reserve Bank of Australia (RBA) is expected to keep the policy cash rate on hold at 2.25% at the Monetary Policy Committee (MPC) meeting on 7 April. The central bank kept rates unchanged in March, surprising...
Reserve Bank of India to stand pat
Apr 02, 2015 07:03 am UTC| Commentary
The Reserve Bank of India (RBI) is expected to leave the policy rate unchanged at 7.5% at its meeting on 7 April, based on the policy statement after its inter-meeting rate cut in March. It may consider measures to improve...
Improvement in Japan business conditions for non-manufacturers
Apr 02, 2015 05:48 am UTC| Commentary
The current business diffusion index for large non-manufacturers, the DI improved to +19 in Q1 2015 (consensus was +17) from a revised +17 in Q4 2014 (Note that there was a regular revision of the Tankan sample...
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