New Zealand bonds close lower following RBNZ’s upbeat inflation expectations
May 05, 2017 05:50 am UTC| Commentary Economy
The New Zealand bonds ended Fridays session on a weaker note after the Reserve Bank of New Zealand (RBNZ) remained upbeat in its inflation expectations, released early in the day. Further, weakness in global debt market...
Australian bonds slide tracking U.S. Treasuries post upbeat economic data
May 05, 2017 05:39 am UTC| Commentary Economy
The Australian government bonds slid on the last trading day of the week, tracking weakness in the U.S. counterparts, following a series of strong economic data, released late Thursday. The fall in the number of initial...
FxWirePro: The Day Ahead- 5th May 2017
May 05, 2017 04:37 am UTC| Commentary Central Banks Economy
Not many economic data and events scheduled for today but some with high volatility risks associated. Data released so far: New Zealand: RBNZ inflation expectation rose by 2.2 percent...
Highlighting 'good and bad' debt will make it harder to fund social programs
May 05, 2017 02:00 am UTC| Insights & Views Economy
In the forthcoming budget, the net operating balance will be reported alongside the underlying cash balance. This change has important policy implications because it creates a strong bias towards public spending on...
Fact Check: is education spending at the highest level on record?
May 05, 2017 01:40 am UTC| Insights & Views Economy
The level of funding going into schools is at record levels. Prime Minister Theresa May in an interview with Andrew Marr on the BBC on April 30, 2017. As she hit the campaign trail, Theresa May repeated a claim she...
Why the government still thinks it can 'grow away' the deficit
May 05, 2017 01:21 am UTC| Insights & Views Central Banks Economy
Vital Signs is a weekly economic wrap from UNSW economics professor and Harvard PhD Richard Holden (@profholden). Vital Signs aims to contextualise weekly economic events and cut through the noise of the data affecting...
How funding to house mentally ill, homeless is a financial gain, not drain
May 04, 2017 12:26 pm UTC| Insights & Views Economy Politics Health
As Congress considers the federal budget proposal for fiscal year 2018 to reduce funding for services to poor and homeless Americans, programs with proven cost-effectiveness should not be on the chopping block. One such...
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
The Mattei Plan: why Giorgia Meloni is looking to Africa
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