FxWirePro: The Day Ahead- 29th August, 2016
Aug 29, 2016 04:11 am UTC| Commentary Economy
Not many economic dockets and events are scheduled for today but some with high volatility risks associated. Data released so far: Australia: HIA new home sales declined -9.7 percent in July after growing 8.2...
It's not just the economy, stupid; it's whether the economy is fair
Aug 29, 2016 00:17 am UTC| Insights & Views Economy
Most experts say globalisation spreads wealth, bringing people out of poverty and nations closer together. But right now some politicians and their supporters are arguing it simply increases inequality. Whats really going...
Chart of the Day: Over leveraging in U.S.
Aug 26, 2016 14:17 pm UTC| Commentary Economy
Higher leverage was one of the influential factors in the great recession of 2008/09. This chart from Bank of America Merrill Lynch shows that not much has changed. While some would like to blame the commodities decline to...
Asia’s trade balance resilient despite persistent contraction in exports
Aug 26, 2016 12:19 pm UTC| Insights & Views Economy
Trade recession continues in Asia and has varying effects on the regions trade balance. Despite the persistent contraction in exports, the broadly expected deterioration in Asian countries trade balance has not occurred....
U.S. second quarter GDP preview
Aug 26, 2016 12:15 pm UTC| Commentary Economy
Today second flash reading of U.S. second-quarter GDP will be released at 12:30 GMT. As the UK economy weathered the referendum storm much better than expected and the market has remained overall calm, the focus has...
Pound likely to extend gains post GDP
Aug 26, 2016 07:16 am UTC| Commentary Economy
The pound has been holding up pretty well for the past few weeks, against the dollar. Today, a better than expected GDP flash reading could improve the mood. The data has quite a potential to surprise on the upside, just...
South Korean authorities likely to adopt additional reflationary policies to boost economy
Aug 26, 2016 07:15 am UTC| Commentary Economy
The South Korean authorities are likely to adopt additional reflationary policies to boost the countrys economy in the coming months. Finance Minister Yoo Il-ho, on Thursday, cautioned against rising downside risks to the...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects