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Global Geopolitics Series

Global cooperation is at risk just when our economies need it most

Jan 19, 2017 13:06 pm UTC| Insights & Views Economy

The world economy is fragmenting. We have seen the election of a crude mercantilist president in the US, the Brexit vote in the UK, protracted pain in the euro zone and the slowdown of growth in China. The immediate...

Why don't we know how many people die in our hospitals?

Jan 19, 2017 12:41 pm UTC| Insights & Views Economy

About this time last year, Australias National Health Performance Authority (NHPA) decided not to release data on death rates across Australias hospitals. This is the type of scandal we should be concerned about, rather...

Is 2017 the year to ditch the term 'innovation'?

Jan 19, 2017 12:38 pm UTC| Insights & Views Economy Business

With the appointment of Arthur Sinodinos as minister for industry, innovation and science in the cabinet reshuffle, Australia can look forward to more government promotion of innovation and entrepreneurialism. Yesterday...

Printing more money isn't the answer to all economic ills

Jan 19, 2017 12:34 pm UTC| Insights & Views Economy

Economists did not predict the financial crisis of 2007, nor did we predict that advent of secular stagnation that has followed. Those events have shaken the economic and political world. Our theories need work. Maybe a...

Central Banking Series

Bank Indonesia maintains policy rate at 4.75 pct, will continue neutral policy stance throughout 2017

Jan 19, 2017 12:02 pm UTC| Economy Commentary Central Banks

The Bank Indonesia (BI) in its first monetary policy meeting of 2017 on Thursday, maintained its 7-day reverse repo rate at 4.75 percent, as it was widely expected. This decision was supported by stronger household demand,...

USD/MYR likely to jump to 4.60 by year-end, says Commerzbank

Jan 19, 2017 10:31 am UTC| Economy Commentary

The USD-MYR is likely to jump to 4.60 by end of 2017 from the current level of 4.45. The upside bias for USD-MYR persisting in the near term as Malaysia Ringgit remains vulnerable to further capital outflows, especially if...

Bank Negara Malaysia keeps interest rate unchanged, citing strong household demand

Jan 19, 2017 09:15 am UTC| Central Banks Economy Commentary

The Bank Negara Malaysia (BNM) in its first monetary policy meeting of 2017 on Thursday maintained its overnight policy rate (OPR) at 3.00 percent, as it was widely expected. This decision was supported by stronger...

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Economy

Brexit to have little impact on eurozone growth prospects in 2017 - Schaeuble

German Finance Minister, Schaeuble, speaking on the German growth prospects and on Brexit at the World Economic Forum (WEF) in Davos said that Brexit is likely to have little impact on eurozone growth prospects in...

Too early to discuss ECB tapering, says Benoit Coeure

The European Central Banks executive board member Benoit Coeure speaking on the central banks monetary policy programme at Davos told CNBC that ultra-loose monetary policies will not last forever. However, he added that it...

Chart of the Day: Shrinking margins

This interesting chart, shared by Soberlook.com shows the difference between the input and output components of producer price index (PPI) for the United Kingdom. The recent drop in the pound has accelerated the input...

Steven Mnuchin supports strong dollar

Steven Mnuchin, a former Goldman Sachs banker and the 45th President of the United States pick as the treasury secretary asserted in his support for a stronger dollar at the Senate confirmation hearing, which is striking...

China’s capital outflows mean tweaking of controls

There was further confirmation from SAFE yesterday that the Chinese authorities will continue to tweak the current system of capital controls to discourage and prevent capital outflows intensifying even further. The recent...

Politics

Theresa May confirms it'll be a hard Brexit – here's what that means for UK trade

Today, Theresa May confirmed that the UK government intends to leave the EUs single market and customs union. The consequences of this decision from a trade perspective should not be underestimated. The single market...

Liberal or conservative? Most of our beliefs shift around

One common reaction to the election of Donald Trump (and perhaps to a lesser extent, the Brexit vote) among liberals like me is an expression of dismay that some of our fellow citizens are more racist and more sexist than...

Trumpus Andronicus? What the Byzantine Empire can tell us about the rise of populist leaders

The approaching Donald Trump presidency has taken quite a battering from historians. Comparisons have abounded with the 20th centurys greatest villains, including Adolf Hitler and Benito Mussolini, even if some have...

How progressives can still make change in the age of Trump

Things are not looking good for American progressives. President-elect Donald Trump is poised to put in place many regressive policies in his quest to make America great again that are fundamentally at odds with what...

When politicians become pundits

Former prime minister Tony Abbotts weekend column in The Australian was a good example of professional politicians intervening in the public debate through guest punditry. Abbott has a journalistic background, and is...

Science

Bee Makes Endangered Species List, Scientific Community Alarmed

Bees are often considered the single most important pollinators in the natural world, helping to spread life all across the land by coming in contact with pollens and spreading them everywhere. Now, one species of these...

Scientists Create Li-Ion Batteries With Built-In Fire Extinguishers

Following the wake of widely covered incidents involving exploding lithium-ion batteries in products like the infamous hoverboard and the unfortunate Samsung Galaxy Note 7, the fire hazard posed by the power source has...

Astronomers spot strange, bow-like structure in Venus' atmosphere

Venus is known both as the planet of love and the Earths evil twin. And although research suggests its environment is more hellish than romantic, theres actually a lot we dont know about our celestial neighbour. Now...

Menopause Reversing Treatment To Start Clinical Trials

A lot of things in life are thought to be irreversible and menopause has been one of the most devastating for a lot of women. Now, a new treatment that is meant to reverse menopause is about to go on clinical...

How old is our moon?

Most scientists agree that the Earth has pretty much always had its moon. Details of the moons composition (in particular the isotopic mixture of heavier and lighter versions of various elements) are too similar to the...

Technology

Government Green Lights Building Of Atlantis, Construction Begins in 2019

When talking about cities of the future, most people often think of major landmasses floating in the sky. Before getting there, however, it seems engineers are looking at solving the floating aspect first and they are...

Mind-Controlled Robot ‘Teleport Helps The Disabled Move Around

It would seem that the world of robotics is progressing at an exponential rate, with advances in artificial intelligence and cybernetic mimicry leading the charge. Now, machines that can be controlled via neural interface...

Meitu App Makes Users Look Like Cute Anime Characters And Vulnerable To Data Mining

There is a new app in the market that is skyrocketing in popularity of late because it can turn any user into a cute anime character. While the benefits may seem appealing, particularly to a certain otaku-ish segment of...

LG Patent Foldable Smartphones Too; Company Receives Tablet Hybrid Patent

LG seems to be seeking a dominant position in the smartphone market with its foldable phone model. GSMInfo first reported that LGs patent showcases a new smartphone model looking likea merger of two, different parts. The...

Mark Zuckerberg Doesnt Run His Facebook Profile, A PR Team Does

Mark Zuckerberg is one of the most prolific billionaires in the U.S. largely thanks to his activities on Facebook. Having his own Facebook profile has given the social media figure the appearance of accessibility. However,...
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2017-01-20 15:26:23
0m

January 20 07:00 UTC Released

DEProducer Prices YY

Actual

1.0 %

Forecast

1.0 %

Previous

0.1 %

January 20 07:00 UTC Released

DEProducer Prices MM

Actual

0.4 %

Forecast

0.4 %

Previous

0.3 %

January 23 07:00 UTC 37803780m

TRConsumer Confidence*

Actual

Forecast

Previous

63.40

January 23 13:00 UTC 41404140m

SACPI YY*

Actual

Forecast

Previous

2.3 %

January 23 13:00 UTC 41404140m

SACPI MM*

Actual

Forecast

Previous

-0.2 %

January 23 13:30 UTC 41704170m

CAWholesale Trade MM

Actual

Forecast

Previous

1.1 %

January 23 15:00 UTC 42604260m

EZConsumer Confid. Flash

Actual

Forecast

Previous

-5.1 %

January 23 19:00 UTC 45004500m

ARAnnual Industrial Output*

Actual

Forecast

Previous

-2.5 %

January 23 21:00 UTC 46204620m

KRConsumer Sentiment Ind*

Actual

Forecast

Previous

94 bln $

January 24 00:30 UTC 48304830m

JPNikkei Mfg PMI

Actual

Forecast

Previous

52.4 %

Close

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