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Global financial markets

World economy 28th June 2017

Globalisation Is Not Dead, It Has Just Been ‘Uber-Ed’

The so called populist uprising in the west is a rejection of one aspect of globalisation, the power of the supra-national institutions and their policies. “An alternative system has appeared to offset or undermine the existing one and, it is for the many outside the political class rather than the few inside, “summarises Mark Tinker head of AXA IM Framlington Equities Asia. Technology is offering new platforms to do what the elite used to control.

US jobs data

World economy 27th June 2017

The Fed Becomes a Demoralizing Embarrassment

Benjamin Cole | The U.S. Federal Reserve is tightening its noose on the U.S. economy, despite being below its 2% PCE inflation target, and despite the sluggish wages that define the American job scene: real hourly wages are down in Q1 (the latest reading) and are up 3.1% in the last 10 years.

global productive investment growth

World economy 27th June 2017

Why Is Productive Investment Not Growing More?

J.L.M. Campuzano (Spanish Banking Association) | According to IMF data, the pace of growth of productive investment has slown in economies which are emerging and in the process of developing from levels of 10% in 2010 to 3.6% at the moment.

NATO's military

World economy 26th June 2017

Russia: Trump Will Make That Country Great Again

Xavier Colás (Moscow) | Although NATO is an alliance based on the sum of military power, emotions count for something in the day by day of the organisation. For the Russian president, NATO is another of the US’ foreign policy tools, where there are no allies “but just vassal states”.

markets

Markets, World economy 18th June 2017

Fintech Cooperation Beckons in China, EU

Yang Wang via Caixin | One of the biggest differences between the European and Chinese fintech markets is regulatory support. China is dominated by an all-embracing, open-minded regulatory environment.In the EU, the biggest challenge, besides the uncertain and changing regulations, is winning the consumers’ trust.
yellen elegante

World economy 16th June 2017

Markets Underestimate Janet Yellen’s Determination

Little did observers expect Fed Chair Janet Yellen’s energetic and upbeat account of economic prospects ahead. They discovered, much to their surprise, that underperforming inflation data was brushed aside as she shifted to forecasts tailored to match with the rate stiffening.

oil barrels

Markets, World economy 15th June 2017

Oil: Erosion In Middle East’s Supply-Deal Confidence

Energy markets has been taking a beating with oil and natural gas prices down across the board. For once, the fundamental news flow was ample. The US Energy Administration reported their weekly set of data, which showed a stronger-than-expected increase of crude oil and oil products in storage.