Economics

The Leave Campaign’s relentless focus on immigration has seen a rise in hate crime and been acclaimed by Far Right groups across the EU. Members of the victorious Leave Campaign in June 23’s referendum on EU membership (Brexit) claimed to...

Maritime links and commercial interests are bringing India and Australia closer, opening opportunities for the two nations to address the clear danger of climate change in the Pacific through trilateral aid partnerships. Maritime links and commercial interests are bringing India...

There have been two developments that are shaping investment climate.  The first was the dramatic rally in equity markets last week, with many recovering nearly all that was lost on the Brexit wobble.  The second was clear indications that the...

The US dollar turned in a mixed performance in the week after the UK decision to leave the EU.  There was an acute market reaction for a couple of days, but the disruption to the financial system was not major....

Investors are debating over whether the Bank of England ease policy at the July 14 MPC meeting or wait until August Quarterly Inflation Report when new post-Brexit forecasts will be ready.  There are many dimensions to monetary policy, and the...

Just days after praising the central banks of the world for preventing any notable cash shortfalls, the International Monetary Fund (IMF) has issued a warning that the effects of the United Kingdom’s (UK) decision to sever its relationship with the...

The US dollar is little changed ahead of what will likely be a thin North American session due to the US holiday on Monday.   The Australian and New Zealand dollars are attracting flows, ostensibly as a place to park funds,...

The global refugee crisis took another twist this year when the European Union struck a deal with Turkey to take refugees that make it to Greece. Turkey is not an EU member, so in exchange the EU promised to reenergise...

The global capital markets have quieted considerably since the start of the week.  Month and quarter-end considerations appear to be playing a role.  In addition, there is a sense it will take some time to sort things out. The global...

After plummeting 18.6 cents, mostly in a few hours after it became clear that the Brexit would carry the day, sterling has rallied four cents from the low set on Monday.  We recognized that the magnitude of the drop left...

  While most discussion since the Brexit vote has focused on how the UK will negotiate the terms of its new trading relationship with the EU, much less has been said about the rest of the world.     While most discussion...

  pixinoo / Shutterstock.com     pixinoo / Shutterstock.com Tech giant Apple last week told Politico it would withhold support for the Republican National Convention due to comments made by Donald Trump. Apple competitors Google and Facebook are still supporters though, with...

The 2016 triennial House of Councillors or upper house election is set to test Prime Minister Shinzo Abe’s policy and popularity. Although the House of Councillors is less powerful than the House of Representatives, past prime ministers have been forced...

No fundamental development can compare with the UK decision to leave the EU. It has set off a chain reaction whose outcome is still far from clear.  Sterling is firm, alongside most of the major and emerging market currencies today. ...

China and the United States are set to square off in a suit before the World Trade Organization (WTO) regarding a brewing dispute over steel imports. China, along with several other countries, has been exporting large quantities of corrosion-resistant steel...