China’s manufacturing PMI for February likely to hit historic low of 38.8, says ANZ Research
Feb 27, 2020 06:50 am UTC| Commentary Economy
Chinas manufacturing PMI for February is expected to hit an historic low of 38.8. The impact of the virus outbreak will see PMI drop further than the previous low in Q4 2008, according to the latest report from ANZ...
NZ January unadjusted trade balance stronger-than-expected as exports overpower imports
Feb 27, 2020 05:54 am UTC| Commentary Economy
New Zealands unadjusted trade balance saw a deficit of $340 million, which was stronger than expected. Exports fell seasonally, but not by as much as expected. The majority of the supply chain disruptions due to COVID-19...
U.S. Treasuries slump ahead of 5-year auction, FOMC members’ speeches
Feb 26, 2020 13:37 pm UTC| Commentary Economy
The U.S. Treasuries slumped during Wednesdays afternoon session ahead of the countrys 5-year auction, due to be held today by 18:00GMT. Also, speeches by FOMC members, Kaplan and Kashkari, awaiting to be delivered today by...
UK gilts gain ahead of BoE MPC members’ speeches
Feb 26, 2020 11:39 am UTC| Commentary Economy
The United Kingdoms gilts gained during European trading hours Wednesday ahead of a host of speeches by members of the Bank of Englands (BoE) Monetary Policy Committee (MPC), all due to be delivered through this week, for...
German bunds mixed ahead of ECB President Lagarde’s speech, February employment report
Feb 26, 2020 11:32 am UTC| Commentary Economy
The German bunds remained mixed during afternoon session Wednesday ahead of the European Central Banks (ECB) Governor Christine Lagardes speech, due to be delivered today by 13:30GMT and the countrys employment report for...
BoK may frontload rate cut at tomorrow’s monetary policy meeting, says DBS Economics & Strategy
Feb 26, 2020 10:23 am UTC| Commentary Central Banks Economy
The Bank of Korea (BoK) is expected to deliver a 25bps rate cut at tomorrows monetary policy meeting, given the deterioration in the local COVID-19 situation, according to the latest research report from DBS Economics ...
Australian construction work done falls in Q4, largest quarterly decline in over a year
Feb 26, 2020 09:32 am UTC| Commentary Economy
Australian construction work done fell 3.0 percent q/q in Q4, the largest quarterly decline in over a year and substantially larger than expected (-1.0 percent q/q). The downturn in residential activity accelerated but it...
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