Worrisome Signs Series: Total business sales in the U.S. remain in recession
Aug 10, 2016 06:15 am UTC| Commentary Central Banks Economy
U.S. economy may be continuing its growth and remains still a bit far away from recession, but sections of the economy remainwell into contraction. Many of the indicators like real gross domestic Private investments are...
New Zealand house sales fall in July, but prices continue to rise
Aug 10, 2016 06:14 am UTC| Commentary Economy
House prices in New Zealand continued to rise in July. However, national sales volumes dropped sharply in the month. The national sales volumes, on seasonally adjusted terms, fell 11 percent month-on-month to its lowest...
Productivity growth in US falls for third consecutive quarter in Q2
Aug 10, 2016 06:10 am UTC| Commentary Economy
Productivity growth in the US surprisingly dropped for the third straight quarter in the second quarter of 2016. Non-farm business output per hour dropped 0.5 percent quarter-on-quarter saar, according to a US Labor...
Why utilities have little incentive to plug leaking natural gas
Aug 10, 2016 05:28 am UTC| Insights & Views Economy
The Aliso Canyon leak in California earlier this year focused public attention on methane emissions from the oil and gas industry. Methane is the primary component of natural gas, and it is a potent contributor to...
People have lost faith in privatisation and it's easy to see why
Aug 10, 2016 05:08 am UTC| Insights & Views Economy
From the viewpoint of ordinary Australians, privatisation is a policy that has consistently failed but is remorselessly pushed by the political elite. It is little surprise that voters are turning to populism in...
FxWirePro: The Day Ahead- 10th August, 2016
Aug 10, 2016 03:52 am UTC| Commentary Economy
Not many economic dockets and events scheduled for today but some with high volatility risks associated. Data released so far: Australia: Westpac consumer confidence rose 2 percent in August. Home loans rose by...
Chart of the Day: Ballooning Pension Deficit
Aug 09, 2016 14:13 pm UTC| Commentary Economy
This fine chart from BlackRock obtained via Financial Times shows that UKs pension deficit has widened sharply after the referendum to408 billion. The incremental numbers are simply staggering.The deficit widened by...
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