Unexpected spike in Norway inflation reduces chances of a rate cut in September
Aug 11, 2016 11:41 am UTC| Insights & Views Economy Central Banks
Norways core inflation surged to record highs in July, dampening Norges Banks rate cut speculation. Norways core inflation, as measured by the CPI-ATE unexpectedly surged to 3.7 percent y/y in July, up from 3.0 percent in...
JOLTS data points to structural unemployment
Aug 11, 2016 10:28 am UTC| Commentary Economy
Latest data from JOLTS points at adeterioration in employment suitability ratio. This is a simple ratio calculated from the data of total job openings to total hires. Whenever the number reaches above 1, it means the...
Changing state-owned enterprises provide less cause for Chinese investment fears
Aug 11, 2016 08:20 am UTC| Commentary Economy
Chinas state-owned enterprises are becoming increasingly privatised, as government involvement shifts from full control to economic guidance. This means these firms should be treated like any other foreign investor when it...
US federal deficit reaches USD 112.8 billion in July, likely to reach USD 550 billion by 2016-end
Aug 11, 2016 07:55 am UTC| Commentary Economy
In July, the US federal government has recorded a budget deficit of USD 112.8 billion, consistent with the CBOs forecast of USD 113 billion. The deficit in July has narrowed from July 2015s USD 149.2 billion. CBO stated...
US job openings rise to 5.62 million in June; labor market outlook modestly positive
Aug 11, 2016 05:35 am UTC| Commentary Economy
The US Jobs Openings and Labor Turnover Survey (JOLTS) report for the month of June indicates that job openings rose to a record high at the end of the second quarter, whereas hires steadied following a drop for three...
FxWirePro: The Day Ahead- 11th August, 2016
Aug 11, 2016 04:37 am UTC| Commentary Economy
Not many economic dockets and events scheduled for today and all with low to medium volatility risks associated. Data released so far: Australia: Consumer inflation expectations for August came at 3.5 percent,...
Will Chinese investment sacrifice Ukraine's dreams of democracy to economic needs?
Aug 11, 2016 01:25 am UTC| Insights & Views Economy
After years of rapid economic growth, bold policymaking and shrewd business tactics, China has become a global player. With its business interests expanding at every opportunity, Chinas power now rivals that of the US. In...
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