Economics

11 November 2022

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...

30 September 2016

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...

30 September 2016

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...

28 September 2016

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...

27 September 2016

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...

26 September 2016

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...

26 September 2016

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...

23 September 2016

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...

23 September 2016

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...