Budget bank levy: too big to fail, not too big to take a hit
May 11, 2017 00:26 am UTC| Insights & Views Economy
The budget announcement of a 0.06% levy on a subset of bank liabilities looks arbitrary, and is certainly politically opportunistic. But it could be rationalised as a response, albeit probably not the best response, to...
These three firms own corporate America
May 11, 2017 00:15 am UTC| Insights & Views Economy Investing
A fundamental change is underway in stock market investing, and the spin-off effects are poised to dramatically impact corporate America. In the past, individuals and large institutions mostly invested in actively...
May 10, 2017 21:34 pm UTC| Commentary Economy
The Chinese inflation accelerated slightly in April. The CPI data came in at 1.2 percent year-on-year after a 0.9 percent print seen in March. But after the seasonal adjustment, the trend data imply that underlying...
Czech and Hungarian inflation decelerate in April, CNB likely to further cut inflation forecast
May 10, 2017 17:59 pm UTC| Commentary Economy
The inflation data for Hungary and the Czech Republic was released on Wednesday, which have surprised to the downside. This is partially due to the decline in energy prices and subdued food prices. However, the core...
U.S. Treasuries jump ahead of 10-year auction, April consumer inflation
May 10, 2017 12:00 pm UTC| Commentary Economy
The U.S. Treasuries jumped Wednesday as investors look forward to the 10-year note auction, due to be held late in the day. Also, the countrys consumer price inflation for the month of April, scheduled to be released on...
Eurozone inflation outlook improves in ECB survey, adds to the central bank's dilemma
May 10, 2017 11:59 am UTC| Insights & Views Economy Central Banks
The recently released European Central Bank (ECB) Survey of Professional Forecasters for the second quarter of 2017 shows that inflation in the eurozone will pick up in future but remain driven by volatile food and energy...
May 10, 2017 10:13 am UTC| Commentary Economy
The CAD performed relatively well in the early stages of 2017, so well, in fact, that the Bank of Canada (BoC) Governor Poloz was forced to remind investors that broader CAD strength would hurt Canadian exporters which...
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
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