Economics

17 August 2016

Russia Flexes its Economic Leadership Muscles in East Asia

Until its 2012 APEC chairmanship and APEC Summit in Vladivostok, Russia was not a proactive participant in East Asia. Rather, it was still striving for comprehensive involvement in the network of regional institutions such as APEC, ASEAN dialogue partnership, the...

17 August 2016

ASEAN Tries to Hold it Together

Clouded by controversy even before it began, the recently concluded 49th ASEAN Foreign Ministers’ Meeting (AMM) in Vientiane, Laos was conspicuous for two things: who was and was not present; and, perhaps more importantly, what was and was not discussed....

17 August 2016

Fed President Dudley Upbeat on H2 U.S. Growth

The US dollar is enjoying a mid-week bounce against all the major currencies.  It appears that participants in Asia and Europe are giving more credence to NY Fed Dudley's comments yesterday. Although many in the market have given up on...

16 August 2016

RBA Governor Stevens is Stepping Away after 10 Years

  On September 18 2016, Glenn Stevens will end his ten-year mandate as governor of the Reserve Bank of Australia (RBA). His experience in the top job provides a wealth of lessons for the next generation of policymakers; that’s arguably...

16 August 2016

Are Shifting Views on Fed Policy Moving the Dollar?

The US dollar is being sold across the board today.  The US Dollar Index is off 0.65% late in the European morning, which, if sustained, would make it the largest drop in two weeks.  The proximate cause being cited by...

15 August 2016

Is the China-Pakistan Economic Corridor Enough for Pakistan?

The China–Pakistan Economic Corridor (CPEC) is widely considered a game changer not only for Pakistan, but also for the Asian region. CPEC is a major stimulus for Pakistan, ensuring rapid economic growth with massive infrastructure development and flows of foreign...

15 August 2016

The Highs of the Australian-Chinese Relationship

Australia and China, though they are two vastly different nations, already have a huge and joint political, economic and social investment in the success of their bilateral relationship. Australia and China, though they are two vastly different nations, already have...

15 August 2016

Can Vietnam Help the Philippines Deal with the PCA Ruling?

On 12 July 2016, the Permanent Court of Arbitration rendered its decision on the Philippines v. China case over disputes in the South China Sea. Capturing worldwide attention, the ruling was made largely in Manila’s favour. Yet overshadowed by this...

15 August 2016

So Much to Watch with Only Two Eyes

Japan's Q2 GDP:  The week begins off with the first estimate of Japan's Q2 GDP.  Growth is expected to slow from 0.6% in Q1 to 0.2%-0.3% in Q2. Consumption likely slowed more than investment increased.  The GDP deflator, another measure of...

15 August 2016

Economic Data may not Help the Dollar

The dollar's push lower that we anticipate until later in the month gained momentum following the disappointing US retail sales report before the weekend.  The dollar's technical tone has deteriorated, while the economic data is unlikely to be sufficient to...

12 August 2016

Tired of Wasting Tires?

The number of vehicles is growing worldwide and as a result the number of tyres is increasing too. Hundreds of millions of tyres are discarded each year. The number of vehicles is growing worldwide and as a result the number of tyres is increasing too. Hundreds of...

11 August 2016

China’s Economic Woes May Affect its Commitment to Climate Change

As the world’s largest emitter of greenhouse gases, China is under the spotlight in the global climate regime. In recent years, the country has become increasingly active in international climate negotiations, announcing ambitious mitigation goals. However, with its slowing economic...