The economic illusions of the Canadian election
Oct 26, 2019 07:37 am UTC| Insights & Views Economy
As an economist, I approached voting in the Canadian federal election with deep ambivalence that was shared by most everyone I know regardless of vocation or political persuasion. Most expressed resignation and stated,...
U.S. Treasuries flat in muted session; next week’s FOMC rate cut eyed
Oct 25, 2019 12:08 pm UTC| Economy Commentary
The U.S. Treasuries traded nearly flat during early muted session on Friday as investors await next weeks FOMC monetary policy decision where the Federal Reserve is widely expected to lower its fed funds rate to 1.50-1.75...
UK debt yields rise on hopes for Brexit resolution, but market to eye EU summit
Oct 25, 2019 11:44 am UTC| Commentary Economy
The United Kingdoms gilts slumped during European trading hours Friday on hopes that the political uncertainty would resolve with a Brexit deal being approved. The yield on the benchmark 10-year gilts, rose 2-1/2 basis...
German bunds slip on profit booking; next week’s FOMC decision in focus
Oct 25, 2019 11:16 am UTC| Commentary Economy
The German bunds slipped during European session on Friday as investors cashed in profits after debt prices rose a week high. Also, higher than expected October business expectations pushed out traders from safe-haven...
Singapore’s industrial production surprises with 0.1 pct y/y growth in September
Oct 25, 2019 09:52 am UTC| Commentary Economy
Singapores industrial production surprised on the upside with a 0.1 percent y/y growth (+3.7 percent m/m sa) versus our forecast for a 2.6 percent y/y contraction (+4.7 percent m/m sa) and the Bloomberg consensus forecast...
Oct 25, 2019 08:50 am UTC| Commentary Economy
The emerging market Asian currencies are expected to advance further on concerns over being placed on or added to the so-called Monitoring List by the US Treasury Department, as the DXY Index is expected to resume its...
Oct 25, 2019 05:48 am UTC| Commentary Central Banks Economy
The Bank of Japan (BoJ) is expected to keep the policy rate and yield curve control unchanged at the next monetary policy meeting ending on Thursday, October 31. However, it is set to make great efforts to highlight its...
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