Minutes show ECB cautiously optimistic at July meet, may announce fresh policy measures in September
Aug 19, 2016 10:52 am UTC| Insights & Views Central Banks Economy
The minutes from the ECB meeting July 20-21 showed the central bank was cautiously optimist and keen to contain stimulus hopes at meeting after Brexit vote. There was general agreement among the ECB Governing Council on...
Swedish capacity utilization falls marginally in Q2
Aug 19, 2016 09:10 am UTC| Commentary Economy
Capacity utilization in Swedens industry dropped marginally 0.2 percentage points in the second quarter from the first quarter of 2016, stated Statistics Sweden. The decline in the second quarter is insignificant and...
Net migrant inflows to New Zealand continue to be strong
Aug 19, 2016 06:37 am UTC| Commentary Economy
Net migrant inflows to New Zealand continue to be strong and are unlikely to change significantly any time soon. A net of 5,600 people migrated to New Zealand in July, around the average of the last six months. This is...
US Leading Economic Index gains in July, moderate economic growth likely to continue
Aug 19, 2016 05:28 am UTC| Commentary Economy
The US leading Economic Index, published by the Conference Board, rose in July by 0.4 percent month-on-month. This is one-tenth above median consensus expectations. Recovery in the average workweek, higher stock prices,...
Brexit brings no negative impact to the UK’s Oil & Gas Industry
Aug 19, 2016 04:35 am UTC| Commentary Economy
After the decision to leave the European Union, the United Kingdom isnt expected to experience any major adverse effectsin terms of their oil and gas industry. However, industry leaders call for a clear leadership from the...
Chart of the Day: Norway breaks piggy bank (again)
Aug 18, 2016 16:22 pm UTC| Commentary Economy
According to thelatest report from Norways sovereign wealth fund (SWF), available here, https://www.nbim.no/en/transparency/reports/2016/2q-2016-quarterly-report/ , the government has withdrawn money from its enormous...
FOMC members hint on rate hike deferral while Mexican Peso banks on Fed’s minutes to drag gains
Aug 18, 2016 12:03 pm UTC| Economy Central Banks
The FOMC would like to see more hard data which indicate that the US economy is really heading for a growth rate of 2% and that inflation is accelerating towards the 2% target as well. Yesterdays release of the FOMC...
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’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects