Strong global economic growth momentum sustained in April, Euro area economy leads growth
May 09, 2017 22:49 pm UTC| Commentary Economy
The strong growth momentum of the global economy was sustained at the beginning of the second quarter of this year, showed the PMI survey data. This was despite signs of slower growth in the emerging markets. Out of the...
ANZ New Zealand monthly inflation gauge remains flat in April
May 09, 2017 22:33 pm UTC| Commentary Economy
ANZ New Zealand monthly inflation gauge remained flat in April. Pricing within the measure continues to show a wedge between increasing costs for housing versus flat-lining prices for most other products and services. The...
May 09, 2017 20:52 pm UTC| Economy Commentary
The Barclays Indicator of Labor Market Conditions and the Barclays Indicator of Labor Market Momentum show that the U.S. labor market conditions and momentum rebounded in April. Since the mid-2016, labor market conditions...
Is China to blame for the global avocado shortage?
May 09, 2017 15:45 pm UTC| Insights & Views Economy
Recent media reports of an avocado shortage have hipsters and foodies horrified the world over. Prices are at a record high as a result of a classic supply and demand situation. Harvests from major producers in Mexico,...
To get the 'good debt' tick, infrastructure needs to be fit for the future
May 09, 2017 15:06 pm UTC| Insights & Views Economy
In distinguishing between good and bad debt, federal Treasurer Scott Morrison equates good debt with infrastructure investment. However, not all infrastructure investment announced in the budget is necessarily good. We...
U.S. Treasuries disappoint ahead of 10-year auction, FOMC speeches
May 09, 2017 12:40 pm UTC| Commentary Economy
The U.S. Treasuries disappointed markets on Tuesday as investors look forward to a host of speeches from the Federal Open Market Committee (FOMC) members, scheduled for later today and through the week. Also, the 10-year...
Australia's consumer confidence shows signs of stabilisation, but remains below long-term average
May 09, 2017 11:57 am UTC| Insights & Views Economy
Australias consumer confidence ticked up a modest 0.9 percent in the week ending 7 May, data released earlier today showed. The index edged higher to 112.3 just below its long term average. Households near and long term...
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