Monday, Nov 25, 2024

International Finance

Tag : Capital Markets

Economy

Australian overnight interest rates kept unchanged

International Finance Desk
by International Finance Desk
The move, which comes on the eve of the national budget, is the most prudent course, says RBA Governor, reports Team IFM Sydney, May 8: In a widely-anticipated policy announcement on Tuesday that has propped the country’s construction sector and stoked employment since last September, Australia’s central bank said it was keeping its overnight cash...
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Economy

German factory output accelerates in April

International Finance Desk
by International Finance Desk
Manufacturing growth registered for 10 months in a row despite subdued increase in new orders, reports Team IFM Berlin, May 7: Germany’s manufacturing sector brushed aside weaker increase in new orders to swagger into the second quarter, having notched growth figures for the 10th consecutive month in April, according to independent data released late last...
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Economy

UK construction grows in April, concerns remain

International Finance Desk
by International Finance Desk
Growth is at slowest pace for six months, though beats analysts predicting a lower figure, reports Team IFM London, May 7: UK construction companies continued to record strong output rises during April for the 12th straight month but at their slowest pace since October, with all three broad categories of activity registering robust growth, independent...
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Economy

Euro area unemployment rate stabilises, but still high

International Finance Desk
by International Finance Desk
European Commission says region on path to recovery even as it launches plan to prepare for future, reports Team IFM Brussels, May 6: Unemployment rate in the euro region, though still high, is stabilising on the back of a gradual economic recovery, fresh data released last week said, even as the authorities announced on Monday...
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Economy

Delayed Easter shopping dents German retail show

International Finance Desk
by International Finance Desk
Despite recruitments increasing, shopkeepers see sales falling in March compared to business notched up a year ago, reports Team IFM Wiesbaden (Germany), May 5: Easter shopping shifted to April this year, denting the figures for the German retail segment in March as compared to the year-ago period, according to the country’s statistical office. Moreover, contrary...
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Economy

Singaporean manufacturers upbeat about future

International Finance Desk
by International Finance Desk
Gradual economic recovery in the US and Europe fuel hope of business looking up in April-September period, reports Team IFM Singapore, May 2: Local manufacturers, enthused by the ongoing economic recovery in the US and Europe, believe the next six months will usher in a period of good fortune for them, an official statement released...
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Economy

Yellen ignores growth numbers, pushes tapering

International Finance Desk
by International Finance Desk
The Federal Reserve under the new chairman reduces stimulus by another 10 bn, brings it down to $45 billion, and says economic activity is picking up, reports Team IFM Washington, May 2: The Janet Yellen-headed US Federal Reserve has decided to continue with predecessor Ben Bernanke’s tapering policy despite unattractive first quarter growth numbers, announcing...
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Economy

As Demand Improves, Time to Focus More on Supply

International Finance Desk
by International Finance Desk
By Olivier Blanchard 30th April 2014 The dynamics that were emerging at the time of the October 2013 World Economic Outlook are becoming more visible. Put simply, the recovery is strengthening. In our recent World Economic Outlook, we forecast world growth to be 3.6 percent this year and 3.9 percent next year, up from 3.0 percent last year. In...
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Economy

What can the eurozone do to combat the risk of a liquidity cliff?

International Finance Desk
by International Finance Desk
Marie-Pierre Ripert, economist at Natixis With the end of the ECB’s repayment programmes approaching there could be significant repercussions on those euro-area banks still reliant on this form of liquidity provision. Marie-Pierre Ripert, economist at Natixis, explores the options available to avoid the “liquidity cliff” As European banks have repaid more than half the existing...
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Economy

The Ukraine crisis

International Finance Desk
by International Finance Desk
by Dr Shane Oliver,Head of Investment Strategy and Chief Economist, AMP Capital 11th April 2014  The situation in Ukraine could get worse before it gets better and so it remains a threat for investors to keep  an eye  on in the short term.  Ultimately, it poses a greater threat to the Russian economy than to...
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