10-year yields highest since 2011 before expected Fed rate hike
Data last week showed higher-than-expected consumer prices in August, dashing hopes that the worst of rising price pressures may be in the past.
Benchmark 10-year U.S. Treasury yields jumped to their highest level since 2011 on Monday as investors adjusted for the likelihood that the...
Oil Prices Rise As China Optimism Grows Ahead of Lunar New Year
Oil prices rose further on Friday, and were set to end the week higher as optimism over an eventual recovery in Chinese demand this year largely offset fears that a global economic slowdown will dent crude markets. Markets are betting on a strong boost...
Analysis-Modi’s Popularity Key to Selling cut in Food Aid Ahead of Indian Elections
Indian Prime Minister Narendra Modi's move to effectively halve food rations to the poor ahead of state polls next year and a general election in 2024 is fiscally sound, but politically much depends on whether the charismatic leader can sell it to voters. Subsidised...
Gold Steadies Despite Rate Hike Headwinds, Set For Flat Week
Gold prices steadied on Friday, and were set to end the week largely unchanged as selling pressure from a hawkish Federal Reserve appeared to have eased.
Bullion prices showed surprising resilience this week after the Fed hiked rates and struck a more hawkish tone than...
Gold, Copper Slip as Powell Dashes Fed Pivot Hopes
Gold prices fell on Thursday, reversing recent gains as hawkish comments from Federal Reserve Chairman Jerome Powell dashed hopes that interest rate hikes will end soon, while copper prices were also hit by uncertainty over China withdrawing its zero-COVID policy The Fed hiked interest...
Experts Say It’s Unlikely Fully Vaccinated People Are Unknowingly Spreading COVID-19
Those who previously had COVID-19 may wonder how strongly they are protected from the delta variant.Natural immunity does, in many cases, protect people from reinfection. And when they do occur, they tend to be mild.Due to the unknowns, some experts are advising people who...
Yes, Donald Trump’s final days in office were even worse than we thought
Donald Trump's final days as president were defined by near-total chaos as House Democrats moved to impeach him for his action (and inaction) during the January 6 riot at the US Capitol even as the soon-to-be-former president sought to use the power of his...
India has created ‘perverse incentives’ for firms to stay small. Here’s how to fix it
01 June 2021
Economics isn't something that can only be learned from books and journals – in fact, as an important part of modern life, there are a number of great movies made about economic themes. From the 2008 financial crisis to the formation of game theory, movies have documented...
China Q4 GDP Slows on COVID Woes, But Beats Expectations
The Chinese economy grew at a slower pace in the fourth quarter of 2022, data showed on Tuesday, as disruptions caused by the country’s now relaxed zero-COVID policy weighed heavily on business activity, although the reading still beat expectations. Chinese gross domestic product (GPD)...
Asia FX Turns Cautious Ahead of U.S. Payrolls, Dollar Hits 3-Mth Low
Most Asian currencies moved little on Friday as caution kicked in ahead of U.S. payrolls data that is likely to affect monetary policy, although dovish signals from the Federal Reserve pushed the dollar to a three-month low. Regional currencies were also set for strong...