Jun 17, 2015 14:07 pm UTC| Commentary
Western Union notes:The Swiss franc was ground zero to market volatility as many ducked for cover in the Alpine unit to seek refuge from growing fears of a Greek default and the can of worms that could unleash for world...
Jun 17, 2015 14:06 pm UTC| Commentary
Western Union notes:Sterling soared to one-month highs, basking in a better week for Britains economy with inflation back above zero and U.K. wages up.As expected, U.K. central bank minutes were unanimous in voting to keep...
Jun 17, 2015 14:06 pm UTC| Commentary
Western Union notes:Pre-Fed trade found the euro firmer against the dollar though underlying sentiment remained fragile with Greece reportedly no closer to striking a deal for more money which would be its ticket to remain...
Tug of war between China's growth and reforms
Jun 17, 2015 13:07 pm UTC| Commentary
China, Asias biggest economy and an important driver of sentiment both regionally and globally - is torn between the need to move away from an investment-led growth model and the need to avoid panicking markets. Growth...
Further fall in oil prices would broadly benefit Asia
Jun 17, 2015 13:00 pm UTC| Commentary
In terms of sovereign credit risk, lower oil prices are positive for Sri Lanka and Pakistan, as oil makes up 25-30% of their import bills. India and Indonesia also benefit via an improved current account position and...
Continued rise in oil prices could adversely affect Asia
Jun 17, 2015 12:56 pm UTC| Commentary
The impact of high oil prices on Asian economies is felt primarily through rising inflation and a possible fiscal impact if the subsidy burden rises. An oil-price shock would have a similar impact to a surprise Fed rate...
Euro area inflation continues to improve
Jun 17, 2015 12:31 pm UTC| Commentary
Final euro area consumer prices data released for May today. The annaual inflation is high as the beginning of the year, was mainly driven by volatile components, including energy and unprocessed food prices, says...
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’
Labour can afford to be far more ambitious with its economic policies – voters are on board
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects