Oil prices likely to rise in H2 2016 as supply glut starts to contract
Mar 04, 2016 08:03 am UTC| Commentary
Oil prices are expected to have bottomed out in January and are likely to increase throughout 2016 and 2017. A sharper rise in the prices is expected in H2 2016 as the huge supply glut is beginning to shrink. We have...
Oil in global economy series: Asia’s long oil is biggest prize for producers
Mar 04, 2016 07:53 am UTC| Commentary
One of the many reasons, why oil price is struggling to recover is continued fight for market share among the top producers namely Saudi Arabia, Iran, Iraq and Russia. US can also be considered to have joined the fight...
US non-farm payrolls likely grew in February, consistent with healthy labor market improvement
Mar 04, 2016 07:13 am UTC| Commentary
US jobs report for February is likely to indicate that the economy continues to weather headwinds from the financial market volatility and slow global growth that dominated the start of 2016. However, the threats are...
Negative rates series: Kuroda fumbles as expected
Mar 04, 2016 07:00 am UTC| Commentary Central Banks
Just in our previous article under the series, we argued from now on central bankers around the world after embracing negative rates, will act cautiously before dragging it down further. Today Bank of Japan (BOJ) chief...
Headwinds to US service sector activity likely to be easing
Mar 04, 2016 06:39 am UTC| Commentary
In February, the US Institute for Supply Managements (ISM) non-manufacturing index was almost unchanged. It dropped slightly by 0.1 points to 53.4, better than consensus expectation of a drop to 53.1. There were mixed...
Briferendum series: how are polls looking?
Mar 04, 2016 06:16 am UTC| Commentary
In the past two mega events, Scottish referendum and UK election polls have failed to paint closer to accurate picture in UK, but we have little option but to look at the polls again to gauge the mood of people surrounding...
Mexico’s inflation likely to be stable in 2016, but economic growth still faces headwinds
Mar 04, 2016 05:50 am UTC| Commentary
The Bank of Mexico has confirmed that its recent rise in the interest rate was a one-off move and of a pre-emptive nature. The central bank, in its Q4 2015 inflation report has adjusted the 2016 GDP forecast to 2.0-3.0%...
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’
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects