New Zealand bonds close higher as investors await RBNZ’s monetary policy decision
May 10, 2017 05:43 am UTC| Commentary Economy
The New Zealand bonds ended Wednesdays session on a higher note as investors wait to watch the Reserve Bank of New Zealands (RBNZ) monetary policy decision, scheduled to be unveiled on May 11. At the time of closing,...
Australian bonds sharply rebound tracking U.S. Treasuries; higher equities limit gains
May 10, 2017 04:59 am UTC| Commentary Economy
The Australian government bonds sharp rebounded Wednesday tracking U.S. Treasuries. However, gains in equities amid a neutral Federal Budget for FY2017-18 limited gains in the debt market. The yield on the benchmark...
FxWirePro: The Day Ahead- 10th May 2017
May 10, 2017 04:00 am UTC| Commentary Economy Central Banks
Lots of economic data and events scheduled for today and some with high volatility risks associated. Data released so far: China: Consumer price inflation rose by 1.2 percent y/y in April. Producer price inflation...
Strong global economic growth momentum sustained in April, Euro area economy leads growth
May 09, 2017 22:49 pm UTC| Commentary Economy
The strong growth momentum of the global economy was sustained at the beginning of the second quarter of this year, showed the PMI survey data. This was despite signs of slower growth in the emerging markets. Out of the...
ANZ New Zealand monthly inflation gauge remains flat in April
May 09, 2017 22:33 pm UTC| Commentary Economy
ANZ New Zealand monthly inflation gauge remained flat in April. Pricing within the measure continues to show a wedge between increasing costs for housing versus flat-lining prices for most other products and services. The...
May 09, 2017 20:52 pm UTC| Economy Commentary
The Barclays Indicator of Labor Market Conditions and the Barclays Indicator of Labor Market Momentum show that the U.S. labor market conditions and momentum rebounded in April. Since the mid-2016, labor market conditions...
Is China to blame for the global avocado shortage?
May 09, 2017 15:45 pm UTC| Insights & Views Economy
Recent media reports of an avocado shortage have hipsters and foodies horrified the world over. Prices are at a record high as a result of a classic supply and demand situation. Harvests from major producers in Mexico,...
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