Friday’s U.S. employment report is widely seen as the key that could unlock the door to Fed tapering. However, payrolls will still need to be strong, ...
Earlier today the FOMC indicated that it will soon begin the, potentially protracted, process of normalising U.S. monetary policy. By contrast, on Tue...
Sub-zero readings on many of Econoday’s economic consensus divergence indices (ECDIs) confirm an unexpectedly large hit to global activity rates from ...
An interest rate hike by the Reserve Bank of New Zealand looked nailed on today but Covid developments may now dictate otherwise. In any event, a tigh...
Terry Sheehan and Jeremy Hawkins look ahead to Friday’s U.S. employment report and discuss more general recovery prospects in the context of raw mater...
The combination of the rapidly spreading Delta variant and some slightly less dovish sounding central banks is giving stock market investors pause for...
PMIs in Europe as well as similar business surveys in the US have been posting record scores in contrast to subsequent definitive data which have ofte...
Major dislocations between demand and supply continue to put upside pressure on final product prices but most central banks remain convinced that risi...
Global demand continues to recover more quickly than output which remains restrained by shortages of raw materials. For many countries the growth gap ...
The basic message from global central banks is holding, that inflation pressures now building will soon fade and that rate hikes are still well down t...