Sweet spot for UK pay could be just the nectar the economy needs

September 16, 2015

RTR309S7.jpgBritish workers have hit a sweet spot with wages rising much faster than near-zero inflation, suggesting the economy could gain further momentum as consumers spend their spare cash.

Inflation may still be far off target, but rates will soon be rising

September 15, 2015

USA/Inflation may be far off target but economists are convinced the United States Federal Reserve and the Bank of England will soon begin raising rates from near zero – with the Fed poised to act as soon as Thursday.

This time, BOJ could wait and watch before coming to yen’s rescue

September 15, 2015

U.S. one-hundred dollar bill and Japanese 10,000 yen notes are spread in TokyoThe Japanese yen has strengthened unexpectedly by about 4 percent over the last month and it could rise further if the U.S. Federal Reserve delays a rate hike and the dollar weakens.

Many say it’s time for the ECB to ramp up QE. But how to make it work?

September 14, 2015

RTX1QWU5.jpgThat the European Central Bank will have to soon add to its massive stimulus programme is fast becoming the consensus view among economists, although how it will do that effectively is far from clear.

China’s falling imports an ominous sign for the global economy

September 8, 2015

A cargo ship waits to be loaded with shipping containers at a port in QingdaoIf the most populous country in the world, as well as the largest consumer of raw materials, starts shying away from imports, that means global demand and, by extension, the world economy is taking a real hit.

Reuters polls dashboard of key data ahead of Sept FOMC meeting

September 4, 2015

Traders work on the floor of the New York Stock Exchange

As anticipation builds ahead of the U.S. Federal Open Market Committee’s Sept. 16-17 meeting, the decision on whether rates will go up or not rests squarely on incoming economic data, according to Fed Chair Janet Yellen.

Silver lining for emerging FX: little room to fall more

September 4, 2015


If there is any silver lining for emerging market currencies after their thrashing in August, it is that they are probably now so cheap they don’t have much room to weaken any further.

Fed on horns of not-so-bullish dilemma: markets or economy?

August 25, 2015

The Federal Reserve increasingly looks stuck on the horns of a not-so-bullish dilemma: should it pay attention to global developments in financial markets, which argue for pause, or should it focus squarely on U.S. economic data, which suggest the time is nigh to hike?

South Africa’s Q2 GDP growth punches way below expectations in worrying sign for emerging markets

August 25, 2015

South Africa’s second quarter growth undershot economists’ expectations in spectacular fashion on Tuesday, a clear signal emerging markets face torrid times.

Euro zone’s best growth days may already be in the rear-view mirror

August 21, 2015

The latest euro zone flash purchasing managers’ indexes may have surprised slightly on the higher side, but many are still not convinced that better economic growth is coming later this year.