
Trump and Clinton want to bring back millions of outsourced jobs – here's why they can't
May 19, 2016 06:12 am UTC| Insights & Views Economy
One of the big themes in the current presidential race is how decades of free trade have dealt a heavy blow to the American worker as millions of jobs were shipped overseas to take advantage of cheap labor. Thats even...
Moody's: Global growth to remain muted as emerging markets weigh on US, advanced economies
May 19, 2016 01:45 am UTC| Research & Analysis Economy
Weak growth in emerging markets, driven by low commodity prices and weak export demand, will continue to act as a drag on the global economy this year, says Moodys Investors Service. Moodys has lowered its 2016 growth...

FxWirePro: Japanese Yen gains in early Asia on robust core machinery orders in March
May 19, 2016 01:33 am UTC| Technicals Economy
USD/JPY is currently trading around 110.12 marks. It made intraday high at 110.23 and low at 110.06 levels. Today Japan released core machinery orders data with positive numbers to 5.5% m/m vs -9.2% m/m previous...

UK’s financial well-being hits 22 month low
May 18, 2016 11:35 am UTC| Commentary Economy
According to survey conducted by Markiteconomics, UK Household finance index (HFI), which is a perceptive measure of financial wellbeing has dropped to 22 month low, ahead of Britains referendum over EU. According to...
Japan’s economy avoids recession in Q1, BoJ still likely to further ease policy
May 18, 2016 07:18 am UTC| Commentary Economy
The Japanese economy grew surprisingly at an annualized rate of 1.7% in Q1 2016, as compared with consensus expectations of 0.3% growth. It countered the revised contraction of 1.7% recorded in the last quarter of 2015....
US seems back on track with rebound in April housing starts
May 18, 2016 05:46 am UTC| Commentary Economy Real Estate
The United States housing sector seems likely to aid the worlds largest economy, with April housing starts showing a strong rebound, as builders speeded up construction of single and multifamily homes, data sources...

Australia wage growth review (Industry wise)
May 18, 2016 05:24 am UTC| Commentary Economy
Today, Australias wage growth report was released from Australian Bureau of Statistics (ABS) for first quarter 2016, which along with stronger Dollar took toll on Aussie, which is down -0.4%, trading at 0.729 against...