Economic Updates

Economic Updates

US Non-Farm Payrolls Preview

This Friday will see the release of Non-farm payrolls (NFP) which normally triggers strong volatility across the forex board. The NFP represents the number of new jobs created during the previous month in all non-agricultural business. The September figures came way below expectations at 134k instead of the expected 185k due to the Hurricane...

October 31, 2018
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Monthly Updates

Stock Markets: Wall Street Bleeds This Year’s Gains October took the equities markets on a rollercoaster ride. Investors’ sentiment is vulnerable as a series of bearish facts engulfed the markets. Various headwinds are hitting the stock markets and reviving fears creating some panic-selling. The presumption that a correction is due soon is ...

October 31, 2018
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Chile’s Boom And Bust

These days when you pick up a local newspaper, you'll generally only find that most information is somewhat limited to what is happening either in your own country or perhaps even the US. The main reason for this is primarily due to the nature of the industry; the media will typically only print which is most likely to sell. That is just good busin...

October 4, 2018
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Preview: Non-Farm Payroll Announcement

It’s a new month which means the latest Non-Farm Payroll figures will be released this week by the Bureau of Labor Statistics. The data will be released on Friday 5th October at 1.30 PM London time (22:30 PM Melbourne). Why is the announcement important? Non-farm payroll is one of the most closely watched indicators and is considered the most w...

October 3, 2018
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Final Quarter of 2018

STOCK MARKETS Investors have been entertaining the idea that the equity markets will outperform in 2018. After a stellar year in 2017 without any major pullbacks that often accompany rallies, bulls were confident on the global economic growth and robust corporate profits. The dynamics have since changed as protectionism measures, and a hawkish F...

October 2, 2018
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Sweden – First Cashless Society?

When it comes to talking about countries becoming cashless, Sweden appears to be at the forefront of people's minds as the leading contender to achieve this economic transition. Historically, the Swedes have a habit of steering social trends before other countries catch on so no great surprise there. However, it is not only Sweden who received n...

September 7, 2018
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Sweden Election

The Sweden election is set to take place this weekend. Every general election in Europe is revolved about this new dynamic - the rise of anti-EU parties. Euroscepticism and anti-immigration policies are at the heart of the September 9th, General Election. The impact of the outcome of the election on the markets will depend on the coalitions: ...

September 7, 2018
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World Trade – Winners and Losers

We hear a lot these days about countries having ''trade wars'' between each other, most recently the United States vs China ''trade war'' which was initiated by President Trump and is still ongoing. The United States has a huge trade deficit with China, world’s second largest economy and it will be interesting to see who if anyone will come out o...

August 24, 2018
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Non-Farm Payroll Announcement Preview

Non-Farm Payroll Announcement Preview It is the beginning of a new month and it only means one thing – the Bureau of Labor Statistics will release the data for monthly change in employment excluding farming sector in the United States. Last month, we saw Non-farm payrolls increase by 148,000 in the US, below the market expectations of 190,000. ...

February 1, 2018
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World’s Largest Economies

World's Largest Economies When it comes to the top national economies around the globe, the United States is well ahead of all countries - having the  largest economy by Gross Domestic Product (GDP). The United States generates nearly a quarter of the world’s GDP at $18.6 trillion, that’s around $7 trillion more than China ($11.1 trillion)...

January 18, 2018
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Neom – The Future of Saudi Arabia

Neom - The Future of Saudi Arabia   Back in October the Saudi Prince Mohammad bin Salman announced plans to build a new city called Neom. This ambitious plan for a city would be located in the northwest region of the Kingdom and span across Saudi Arabia, Jordan and Egypt. Neom is part of Saudi Arabia’s vision 2030, a plan to reduce its d...

December 18, 2017
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Mugabe Steps Down

Mugabe Steps Down Political tensions have been rising in the southern African nation of Zimbabwe over the last few days as the long-standing leader Robert Mugabe was placed on house arrest by the army in a coup*. The people of Zimbabwe have experienced tough times under Mugabe since he became the leader back in 1980, and on the 21st of November he ...

November 22, 2017
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US-Turkey Diplomatic Tensions

US-Turkey Diplomatic Tensions Both the US and Turkey have announced they have suspended all non-immigrant visa services for travel between the two nations. The shock announcement came after a United States consulate worker in Istanbul was held over  suspected links to the cleric blamed for last year’s failed coup. The statement by the US missio...

October 18, 2017
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Harvey and Irma Effect

Harvey and Irma Effect It has not been a good couple of weeks for the United States and the Caribbean.  Harvey and Irma formed in the Gulf of Mexico and the Atlantic respectively, causing large-scale devastation in the region. It is expected to cost the US economy billions of dollars to fix the damage both hurricanes left behind. It will certainl...

September 13, 2017
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Singapore 2017 Presidential Election

Fifty-two years ago, a small undeveloped 700 kilometer set of islands separated from the Federation of Malaysia to form the Republic of Singapore. In the recent past the area was administered by the British East India Company and directly as the British Crown Colony of Singapore. In 1965 the GDP per capita was less than $320, roughly 10% of the Ame...

September 6, 2017
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