Dropping US producer price growth improves the US inflation outlook
In October, US producer prices came in lower than expected amid a drop in services for the first time in almost two years. The numbers showed that inflation was slowing down, raising speculations that the Federal Reserve would ease interest...
Post-Truss UK to unveil a new tax-related plan for fixing the country’s economy
This Sunday, the UK government announced major impending tax hikes that will hit the entire country, and especially the wealthy, as part of the plan to repair the current economy. The country was left in a bad state following the...
US inflation drops to 7.7% as investors rush to buy stocks
The easing inflation in the United States is leading to wealthy investors jumping back into the market again. However, these investors are still concerned about how long stocks will keep up the uptrend without other factors showing that the consumer...
Hundreds Of Activists Block Private Jets At Schiphol Airport In Protest
Environmental activists trouped in their hundreds on Saturday to the Schiphol Airport in Amsterdam to protest against climate change. They wore white overalls and were visibly seen in an area holding private jets at the airport. They also sat in...
Diverging Global Monetary Policies Plod On
The euro is trading at its lowest level against the Norwegian krone since August 2015. The euro is near its best levels against the Swedish krona in nearly as long. The euro is trading at its lowest level against the Norwegian krone...
That’s One Tough Dollar, but Oddly Down for September
True to its recent habit, the US dollar is finishing the week on a firm note. On the month, though, the greenback has fallen against most of the majors, but sterling, the Canadian dollar, and the Swedish krona. True to...
Remember September (for Jobs Data)
Let's admit that the monthly non-farm payroll report is among the most difficult for economists to forecast. There are not many reliable inputs as it is the first piece of real sector data for a new month. Nevertheless, it is...
Thursday Headlines: OPEC, Deutsche Bank and Many Fed Speakers
The US dollar has firmer against most major and emerging market currencies. It remains well within its well-worn ranges, which continue to be narrow. A notable exception today is the yen's weakness. The US dollar has firmer against most major...
Without Monetary Policy Insight, Dollar Runs in Place
The US dollar is enjoying a firmer bias today, but it remains narrowly mixed on the week. It is within well-worn ranges. Of the several themes that investors are focused on, there have not significant fresh developments. The US dollar...
Japanese Businesses Express Concern about the Chinese Relationship Direction
The Japanese business community is increasingly pessimistic about the Japan–China relationship. For the past three years the US-based Center for Strategic and International Studies (CSIS) and the Japan-based Nihon Keizai Shimbun (Nikkei) have surveyed Japanese business people about their attitudes...
TPP Passage Less Likely
When President Barack Obama said, ‘The TPP means that America will write the rules of the road in the 21st century’, he was not speaking metaphorically. Large passages in the final text were lifted verbatim, sometimes en masse, from past...
Idiosyncratic Risk and Dollar Movement
The US dollar is narrowly mixed. The euro, yen and Swiss franc are higher, while the dollar-bloc and sterling are softer. The moving element here is not so much the greenback, which serving more as a fulcrum, but idiosyncratic, country-level...
Global Political Developments Take Center Stage
The major central banks have placed down their markers and have moved to stage left. There are the late-month high frequency data, which pose some headline risks in the week ahead. The focus for most investors will be on several...
Natural Disasters could Trash ASEAN
The recently concluded 28th and 29th ASEAN Summits in Vientiane, Laos again saw ASEAN give a muted response to the more contentious issues facing member states. This is largely a result of conflicting national interests between members in the absence...
When did Australia’s Pacific Influence Begin to Slip?
Australia has vastly more material resources than its Pacific neighbours. It represents 94.5 percent of the region’s GDP, 98 percent of defence and security spending and contributes 60 percent of total development assistance. Based on a simple comparison of size...