The German economy is on the verge of an upturn driven by domestic demand. The improving global economic climate and decreasing uncertainty are fuelling investment. Private consumption is benefitting from favourable employment and income ...
At the Global Economic Symposium (GES) in Kiel, the panelists discussing the future of central banking warned of the next bubble and the consequent next crisis. "The lax monetary policy of the central banks over the last few years was ...
Tags: Service
The All Pakistan Textile Mills Association (APTMA) has raised concerns over the State Bank of Pakistan's (SBP) move to increase the Reverse Repo (Ceiling) rate by 50 basis points, describing it as 'a blow to the industry'. According to ...
Tags: Textile
Stock markets in Moscow and copper mines in Chile appear to have little in common. But these are two spots where investors in New York and London have been pumping money borrowed on the cheap to seek out big returns. Aggressive monetary ...
Tags: Tapering Waves
Oil prices dropped on profit- taking Monday after gains for six trading days on concerns that the unrest in Egypt could disrupt oil supplies. Although Egypt is not a major oil producer, it controls the Suez Canal and the ...
Tags: Oil Prices
After deteriorating for a number of years the fiscal policy situation in the USA stabilised recently ; but risks remain. More economic policy adjustments will be required in the future as a result. In the latest issue of the CESifo Forum ...
Tags: economy
The Australian dollar was weaker as markets warmed again to the idea that the central bank will cut interest rates next month. "Domestic press speculation of an RBA rate cut in early August has weighed on the Australian dollar," RBC ...
Tags: Australian Dollar
The Australian dollar rose after gold prices soared and weaker-than-expected American home sales figures put downward pressure on its US counterpart. At 7am AEST the local unit was trading at 92.49 US cents, up from 92.22 cents at ...
Tags: Australian Dollar, Home Sales
The Australian dollar rose after US Federal Reserve chairman Ben Bernanke said the tapering of economic stimulus was not on a pre-set course. At 7am AEST the local unit was trading at 92.37 US cents, up from 92.08 cents at ...
Construction materials prices decreased 0.1 percent in June and are virtually unchanged for the quarter, according to the July 12 Producer Price Index report by the U.S. Labor Department. Year over year, construction materials prices are ...
In the first half of 2013, faced with the complicated and volatile economic environment at home and abroad, the Central Party Committee and the State Council have committed to the general tone of making progress while ensuring the ...
THE Australian dollar jumped more than 1.5 US cents after Federal Reserve chairman Ben Bernanke declared US stimulus measures would continue. The local currency hit 92.94 US cents shortly before 9am AEST, only four hours after sinking ...
Tags: Australian Dollar, economy
THE Australian dollar jumped yesterday after the US central bank poured cold water on earlier speculation that it would soon start to withdraw economic stimulus. The US dollar plunged early yesterday after the market was surprised by ...
Tags: economy, Australian dollar
The International Monetary Fund has lowered its oil price forecasts to $100.09/barrel in 2013 and $95.36/b in 2014. In April, the IMF forecast that oil prices would average $102.60/b this year and fall back to $97.58/b in 2014. However, ...
In the Eurozone, activity contracted by 0.3% in Q1 2013, falling for the sixth consecutive quarter. However, GDP growth is expected to turn slightly positive in Q2 2013 (+0.1%), with a mild acceleration over the following quarters (+0.2% in ...
Tags: economy, Labor market