Forex and the Economy

Panoramic Weekly: Markets, not Fed, go crazy

Global financial markets seemed to regain sanity over the past five trading days as they reverted to the typical negative correlation usually seen between stocks and bonds: investors snapped up traditionally safer government debt as concerns on the effect of rising rates over corporate profits moun ...

Inclusiveness in the new Malaysia

Malaysia’s journey towards becoming a high-income nation will become more meaningful if all Malaysians are given the opportunity to share the benefits of prosperity. Photo: World Bank/Samuel Goh Since 1992, October 17 has been recognized as the International Day for the Eradication of Poverty, ...

Gold steady ahead of Fed minutes, Treasury currency report

Gold has posted slight gains in the Wednesday session. In North American trade, the spot price for one ounce of gold is $1227.24, up 0.19% on the day. On the release front, construction indicators missed the forecasts. Building Permits ticked up to 1.24 million, shy of the estimate of 1.27 million. ...

GBP/USD – British pound dips on soft CPI

GBP/USD has lost ground in the Wednesday session, erasing the gains seen on Tuesday. In North American trade, the pair is trading at 1.3132, down 0.39% on the day. On the release front, British CPI dropped to 2.4%, shy of the estimate of 2.6%. In the U.S, construction indicators missed the forecas ...

USD/JPY – Japanese yen edges higher, investors await Fed minutes

The Japanese yen has posted slight gains in Wednesday trade. In the North American session, the pair is trading at 112.04, down 0.20% on the day. On the release front, construction indicators missed the estimates. Building Permits ticked up to 1.24 million, shy of the estimate of 1.27 million. Ho ...

Afghanistan: Learning from a decade of progress and loss

Afghanistan: Learning from a decade of progress and loss [[tweetable]]In Afghanistan, the past decade saw remarkable progress, as well as reversals and lost opportunities[[/tweetable]]. The overall macroeconomic and security context in Afghanistan since 2007 can be broken into two d ...

Some advice from survey implementers: Part 1

I have often wondered what the folks who do the surveys I use in my research think of how it is to work with me.   Since I wasn’t sure I had the courage to hear that straight to my face, I wrote to a number of survey folks I knew (and thought highly of) or that other people recommended.   I as ...

What’s behind the slowing pace of poverty reduction in Tajikistan?

Tajikistan achieved high rates of economic growth during the 2000s (about 8% per year, on average), which doubled GDP per capita and helped reduce poverty by almost half between 1999 and 2009. But over the following decade, the rate of poverty reduction began to slow – between 2012 and 2017, pov ...

Asia market update : Focus on Yuan

Asia market update: Focus on Yuan   Surprising busy start even with the absence of Hong Kong in the mix The hawkish warm-up ahead of tonight’s FOMC minutes delivered by San Francisco’s new President Daly is creating some noise today after she said late in the NY session she does think it’s a ...

Daily Markets Broadcast 2018-10-17

Daily Markets Broadcast 2018-10-17 Wall Street boosted by strong earnings US indices saw a solid rally yesterday, boosted by strong earnings reports from the likes of Goldman Sachs, Johnson & Johnson and Netflix, while strong economic data also helped sentiment. All indices have regained the 200-d ...