US job openings rise to 5.62 million in June; labor market outlook modestly positive

Aug 11, 2016 05:35 am UTC| Commentary Economy

The US Jobs Openings and Labor Turnover Survey (JOLTS) report for the month of June indicates that job openings rose to a record high at the end of the second quarter, whereas hires steadied following a drop for three...

FxWirePro: The Day Ahead- 11th August, 2016

Aug 11, 2016 04:37 am UTC| Commentary Economy

Not many economic dockets and events scheduled for today and all with low to medium volatility risks associated. Data released so far: Australia: Consumer inflation expectations for August came at 3.5 percent,...

Will Chinese investment sacrifice Ukraine's dreams of democracy to economic needs?

Aug 11, 2016 01:25 am UTC| Insights & Views Economy

After years of rapid economic growth, bold policymaking and shrewd business tactics, China has become a global player. With its business interests expanding at every opportunity, Chinas power now rivals that of the US. In...

Moody's: Goodwill impairments lag economic indicators of heightened credit risk

Aug 10, 2016 17:54 pm UTC| Research & Analysis Economy

As policymakers revisit the accounting for goodwill, a key question is whether an impairment model provides valuable information to investors, or other users of financial statements. To provide more clarity around the...

Fitch: Negative-Yielding Sovereign Debt in Japan Down, Europe Up

Aug 10, 2016 15:22 pm UTC| Research & Analysis Economy

The global stock of negative-yielding sovereign debt fell modestly to $11.4 trillion as of August 2, compared with $11.5 trillion on July 15, according to Fitch Ratings. Japanese yields moved higher in late July in...

Housing construction could provide positive contribution to Australia's economic growth

Aug 10, 2016 12:28 pm UTC| Insights & Views Economy

In a report released by Australian Bureau of Statistics on Wednesday, Australian home loans rose to a seasonally adjusted 1.2 percent, following a revised 0.8 percent decline in May. Following this increase, loans were 6.7...

Danish headline inflation accelerates in July, likely to reach 1 pct by 2016-end

Aug 10, 2016 11:40 am UTC| Commentary Economy

Denmarks inflation in July accelerated 0.3 percent year-on-year. This is unchanged from June and consistent with consensus projection. Last month, core inflation accelerated 0.9 percent. The rise in core inflation was...