Aug 17, 2016 11:11 am UTC| Economy Commentary
The UKs vote to leave the EU has ushered in what looks set to be a long phase of uncertainty. The implications of the vote are broad, with very direct economic and political fallout for the UK and Europe. They also signal...
Producer prices in New Zealand rise in Q2 on increased electricity and fuel prices
Aug 17, 2016 09:33 am UTC| Commentary Economy
New Zealands producer prices increased in the second quarter thanks to rise in electricity and fuel prices, according to Statistics New Zealand. Output producer prices rose 0.2 percent in sequential terms, after declining...
US headline CPI flat in July; core CPI likely to firm in 2016
Aug 17, 2016 09:25 am UTC| Commentary Economy
US headline CPI came in flat in July in sequential terms, consistent with consensus projections. The softer data is due to drop in energy prices that countered a slightly rise in core inflation. Energy prices fell for the...
BoE’s package leads to a surge in bond issuance
Aug 17, 2016 08:45 am UTC| Commentary Economy Central Banks
The Bank of Englands (BoE) comprehensive package, especially the introduction of a 10 billion corporate bond purchases has triggered a mega surge in bond issuance from UK corporates as the companies join in to avail the...
Watch out for first post-referendum unemployment report
Aug 17, 2016 07:40 am UTC| Commentary Economy
The post-referendum knee-jerk reaction in the sterling is over and the focus is now on two things, what will be the future British relations with the European Union and how the economy is performing after the referendum...
US housing starts rise in June; near-to medium-term homebuilding outlook remains favorable
Aug 17, 2016 06:13 am UTC| Commentary Economy
US housing starts increased in June, surpassing expectations of a modest pullback. Housing starts rose by 25,000 units to 1,211k (annualized), as compared with expectations to a decline to 1,180k. But the earlier two...
Canada’s manufacturing sales recover slightly in June
Aug 17, 2016 06:09 am UTC| Commentary Economy
Manufacturing sales in Canada rebounded slightly in June and came in slightly higher than consensus projection. Manufacturing shipment rose 0.8 percent, following a decline of 1 percent in May. Consensus expectation was...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects