Forex News
CNY: Over-invoicing still in play?
China reported its January total social financing data at RMB2.6trn over theweekend, a better than expected print. From a macro-perspective, this issupportive of our economist’s positive growth outlook for China,
Deflationary Pressure From Emerging Markets Threatening Rest Of The World
Janet Yellen and Mario Draghi have a new reason to consider what International Monetary Fund chief Christine Lagarde calls the “ogre” of deflation: eroding confidence in emerging markets.
Happy Valentine’s Day!
Good Day! And a Happy Friday to one and all! On top of it being a Friday before a 3-day weekend, it’s also Valentine’s Day!
China’s Producer Prices Fall Again
China’s consumer inflation hugged a seven-month low in January and showed no signs of accelerating anytime soon, a consolation for the government which may need to loosen policy should economic growth founder.
U.K. Government: Scotland Cannot Keep the Pound Too
It’s a union that’s lasted 307 years, but England and Scotland could be heading for the divorce courts later this year.
The BoE’s blurred lines
The Bank of England’s (BoE) February Inflation Report painted a positivepicture with respect to the momentum in the UK economy. For the fifthconsecutive Inflation Report,
Fed’s Yellen Is a Structural Dove Unlike Bernanke
Looking back, I would label Bernanke as a cyclical dove. His dovish nature about policy developed after a career of studying the Great Depression and what went wrong.
Italian Politics Heat Up as PM Might Be Ousted
After just nine months in charge of Italy’s fragile grand coalition government, Enrico Letta looks set to be ousted by his Democratic Party (PD) colleague Matteo Renzi.With investors preferring stability to uncertainty,
US Jobless Rose by 8K Above Forecast
The number of Americans filing new claims for unemployment benefits rose last week, government data showed Thursday.
ECB: Taxes, Base Effects To Help Inflation 2014 Levels
The European Central Bank Thursday said that base effects from food and energy prices should have a cumulative upward impact of around 0.5 percentage points on inflation levels in 2014.
Sweden: Labour market – weak start of the year not a new trend
Today’s labour market figures from the LFS came in weaker than expected. In January, unemployment edged up to 8.2 % (seasonally adjusted), from 8.0% in December. Forecasts stood at 7.9%.
Labour Force – January 2014
January’s weaker than expected jobs outcome showing a 3.7k dip in employment follows a downwardly revised December’s jobs’ drop of 23k (originally reported fall of 22.6k jobs).