Supply-side structural reforms likely to pose headwinds to China’s growth in short-term
Mar 03, 2016 10:30 am UTC| Commentary Economy Politics
The NPC is expected to keep the supply-side structural reforms topic as its main topic on the macro policy agenda. Their key impact on financial markets is expected to be through the execution and implementation of five...
China’s fiscal policy likely to be moderately expansionary in 2016-2017
Mar 03, 2016 10:04 am UTC| Commentary Politics
The China National Peoples Congress (NPC) meeting might give certain upside surprise in fiscal policy. The NPC is expected to stress on a more proactive fiscal policy in 2016 with above expected fiscal deficit recorded in...
Briferendum series: What will exactly happen if UK votes 'leave'
Mar 03, 2016 09:46 am UTC| Commentary
What will happen if UK chooses to exit EU? Vote on EU referendum is scheduled on June 23rd, 2016 and if Britons do vote in favor of exiting that will automatically invoke Article 50 negotiations of Lisbon Treaty. So...
Mar 03, 2016 09:28 am UTC| Commentary Central Banks
Norways central bank is expected to further lower rates three times in 2016. The key rates are likely to reach zero by the end of 2016. There are many reasons for this. Oil prices are lower and are expected to remain low...
Mar 03, 2016 09:09 am UTC| Commentary
The US ADP employment report showed private payroll growth of 214k in February, as compared with consensus expectations of 190k and Januarys revised figure of 193k. Employers in the goods producing job added 5k to payrolls...
Denmark’s FX reserve decline in February, DN likely to mirror ECB’s expected rate cut move
Mar 03, 2016 08:53 am UTC| Commentary Central Banks
Denmarks FX reserve fell from DKK430bn in January to DKK422bn in February. DKK 8.4bn of the fall was because Danmarks Nationalbank (DN) bought DKK in FX intervention to cap EUR/DKK upside. The central bank likely carried...
Mar 03, 2016 08:52 am UTC| Commentary
Businesses in the euro area are likely to be wary regarding initiating new investments due to weakness in global growth, financial turmoil and moderate growth in investments on risks of Brexit. These doubts will dominate...
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