Economics

The key issue facing the foreign exchange market is whether the modicum of strength the US dollar demonstrated last week is the beginning of a sustainable move.  It is possible that the market is again at a juncture in which...

The US dollar rose against all the major currencies last week. The importance of the price action does not lie with the magnitude or the breadth of the advance. Instead, the two takeaway technical observations are 1) the seemingly one-way...

On Tuesday, the World Bank reported that fresh water scarcity could be the biggest problem facing the economies of the world. Economies across large portions of the planet could shrink dramatically by 2050 as climate change causes fresh water scarcity...

Terrorism is not a new phenomenon in Southeast Asia, but goes as far back as the era of anti-colonial struggle. It gathered pace after September 11 with a series of attacks perpetrated mostly by the Al-Qaeda linked organisation Jemaah Islamiyah....

This Great Graphic was posted by Eric Nelson, the managing editor of the Chamber of Commerce's Above the Fold Publication. It shows many of the different components of the 737 single-aisle airplane and where they are sourced. This Great Graphic...

The US dollar is firm, near the best levels of the week against the euro, yen, and sterling. However, against the dollar-bloc and several actively traded emerging market currencies, including the Turkish lira and South African rand, the greenback has...

This Great Graphic is a 90-day history of the "betting" at PredictIt that Trump becomes the new US President.  With Cruz suspending his campaign, the odds of Trump have risen just above 40%.  The US national interests and challenges to...

Many may think that the United States or Europe, as the location of most of the world’s most developed nations, would be driving global economic growth. Asia, however, is actually the area driving global economic growth this year, according to...

Has the dollar turned now that Cruz dropped out of the Republican primary and Trump has secured the nomination?  The greenback has extended yesterday's reversal higher. The euro had briefly poked through $1.16 and closed on its lows a little...

There is a popular saying among Indians that ‘Dubai is the best-run Indian city’. Hundreds of thousands of Indians, as well as others from the Indian subcontinent and Southeast Asia, have been making a living in the Gulf region through...

The US dollar's downtrend is extending.  The euro traded above $1.16 for the first time since last August. With Japanese markets closed for the second half of the Golden Week holidays, perhaps participants felt less hampered by the risk of...

This Great Graphic was posted by Hale Stewart on Seeking Alpha. It draws on US government data to show the increase in the median asking rent for vacant units since 1995.  There are other measures of rent, including rent on...

When nations rank highly for imports and exports according to an Organization for Economic Cooperation and Development (OECD) study, that is usually cause for celebration. A recent OECD study, however, has left a number of Asian nations with a bit...

The die is cast.  The Federal Reserve is on an extended pause after the rate hike last December. The market remains convinced that the risk of a June hike is negligible (~ less than 12% chance).  The ECB has yet...

April was a cruel month for the US dollar.  It fell against all the major currencies; even those whose central banks have negative yields.  The greenback also fell against nearly all the emerging market currencies, but the Philippine peso and...