Australia’s Reserve Bank Maintains Low Inflation Hike For The Second Month
The Reserve Bank of Austria (RBA) has maintained its lowered interest rate increase for the second consecutive month. The bank, while revising its inflation outlook, noted that it would increase interest rates again to continue the battle against inflation. The...
CBOE And Börse’s 360T Report Declines In Institutional Spot FX In October
Two institutional spot forex trading platforms Deutsche Börse’s 360T and Cboe FX have published their trading metrics for October. Both firms reported monthly declines but a much-improved number year-over-year. According to the report by Cboe FX, the company realized a...
Biden Threatens Oil Companies With Windfall Tax For War Profiteering
On Monday, US President Joe Biden continued his warning on oil and gas companies to lower energy costs for Americans by tapping into their record profit gains. He warned that they should increase production and lower energy prices or face...
Cathie Wood Continues to Remain bullish on Tesla while Slashing Other Stocks
Cathie Wood, whose ARK funds outperformed the markets by a wide margin in 2020, have come under pressure over the last year. While the flagship ARK Innovation ETF has recovered from its 2022 lows, it is still underperforming badly in...
Does Japan’s Democracy Have Room for Women and Children?
A wave of political activism has animated East Asian politics: Taiwan’s Sunflower Student Movement in 2014, South Korean 2015 street protests against President Park’s new labour law, and protests in Japan in 2015 against Prime Minister Abe’s security bills. Youth...
It’s an Italian Thing
Italian Prime Minister has set the date for the constitutional referendum as late as practically possibly. It will be held on December 4. The issue is the perfect bicameralism that gives as much power to the Senate as the Chamber...
Singapore Maintains the Appearance of Democracy
When Lee Hsien Loong collapsed during the National Day Rally speech on 21 August 2016, it shocked not only many Singaporeans, but also leaders from around the world. Although he recovered quickly and was able to finish his speech after...
What’s Up in Emerging Markets
EM initially benefitted from the FOMC decision, but softened into the weekend. One culprit was lower oil prices, as reports suggest an output deal is unlikely at the OPEC meeting this week in Algeria. However, it wasn’t just EM, as...
Is Japan at the End of the Monetary Rope?
Japan’s monetary gamble and Abenomics are approaching the end of the road. Neither Brussels nor Washington is immune to the adverse consequences of Tokyo's monetary exhaustion, says Dan Steinbock. Recently, Japan’s second quarter GDP growth was revised up to 0.7...
Recession Recovery and the Tale of Two Dollar Rallies
The dollar-value of all the goods and services the US produces has never been larger. Two other metrics capture the recovery. These two Great Graphics come from the Wall Street Journal and draw from Census Bureau figures. The dollar-value of all the goods and services...
A Missed Opportunity for Indonesia
As ASEAN meetings in Vientiane concluded in September 2016, an air of anxiety was already beginning to settle over the Southeast Asian nations. Further resistance against China’s maritime assertiveness in the South China Sea is proving increasingly futile. As ASEAN...
Malaysia’s Next Election Sure to be a Bit of a Mess
On 29 June this year, Lim Guan Eng, the Chief Minister of Penang state and Secretary General of the opposition Democratic Action Party (DAP), was arrested and charged with two counts of corruption and abuse of public office. On 29...
China’s Growth Augmented by the Diaspora
In 1995, Australia’s Department of Foreign Affairs and Trade published a 350-page report on overseas Chinese business networks, calling them ‘one of the main forces driving the dynamic growth that characterises the region’. This interest reflected the economic clout of...
China’s Eventual Leadership Role
For a great power to lead the world there are a few qualities that it should bring to the table. These include, but are not limited to, material strength, an aspiration for recognition, and sufficient international support. Does China currently...
A Malaysian Odd Couple
On Monday 5 September 2016, former Malaysian Prime Minister Mahathir Mohamad did the unthinkable. He turned up at the High Court for Anwar Ibrahim’s filing of an interim injunction to stop the enforcement of the newly passed National Security Council...