Further measures will likely be needed from Riksbank
May 12, 2015 14:56 pm UTC| Commentary
Swedens headline inflation rate fell from +0.2% in March to minus 0.2%, below the Riksbanks +0.22% forecast in April. Lower mortgage interest costs and fuel prices were offset by higher price inflation for food, alcohol...
May 12, 2015 14:46 pm UTC| Commentary
The US Dollar lost ground in the global bond market sell-off as US Bonds have fallen relatively lesser compared to European Bonds especially. The US Dollar index which is a trade weighted basket of 6 currencies had peaked...
May 12, 2015 14:45 pm UTC| Commentary
The Canadian Dollar was impacted from different factors which pulled it in different directions. Crude Oil prices surged higher by over 1.5 percent, on Tuesday, sending the Canadian Dollar higher.The weakness of the US...
May 12, 2015 14:44 pm UTC| Commentary
The Greek debt saga is over only for the time being and there were rumors that the Greek government does not have cash to pay salaries pensions at the end of May. The other important development was that the IMF is taking...
May 12, 2015 14:44 pm UTC| Commentary
The Pound Sterling continued its upward march after the rally post the Conservative Government headed by David Cameroon won a majority and has a clear mandate to deliver on his election promise of creating jobs, cutting...
U.S. small business confidence outshines expectations in April
May 12, 2015 14:27 pm UTC| Commentary
The NFIBs small business optimism index moved higher in April, rising by 1.7 points to 96.9. The reading came in above the consensus estimate, which called for the index to increase from 95.2 to 96.0.This was an...
Tentatively encouraging news on UK industrial sector
May 12, 2015 14:16 pm UTC| Commentary
The 0.5% monthly rise in overall UK industrial production in March was the biggest increase in six months (the consensus forecast was no change). Although it was partly driven by a rebound in the mining sector after a...
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