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David Meyer

Disclosure: I am in full compliance with all ethics and other policies for Market Realist research analysts. I am not invested in securities that I cover on Market Realist.

More From David Meyer

  • uploads///usd
    Macroeconomic Analysis

    US Dollar Index Fell on Weak Economic Data

    The US Dollar Index fell to 93.8 before closing on October 14. It fell due to the release of weak domestic data in the form of the PPI and retail sales.

    By David Meyer
  • uploads///US Retail Sales  Aug
    Macroeconomic Analysis

    July’s US Retail Sales Meet Estimates

    On August 13, 2015, US retail sales came in at expected levels for July. The increase in the retail sector was broad-based.

    By David Meyer
  • uploads///facefdcedcacdfeafdc
    Macroeconomic Analysis

    Israeli Shekel Rose, Central Bank Kept Rates Unchanged

    The Israeli shekel rose against the US dollar on November 23, 2015. The central bank of Israel kept the interest rates unchanged at 0.1%.

    By David Meyer
  • uploads///d
    Macroeconomic Analysis

    German July Business Climate Index Beats Forecasts

    The German IFO Business Climate Index released on a positive note in July at 108 points. It was above forecasts with expectations around 107.5 levels.

    By David Meyer
  • uploads///THB Nov
    Macroeconomic Analysis

    Thai Baht Rose Due to Strong Economic Growth

    The Thai baht appreciated against the US dollar on November 16. Economic growth showed signs of a turnaround. The GDP rose at the fastest quarterly pace this year.

    By David Meyer
  • uploads///fed
    Macroeconomic Analysis

    Will the US Dollar Index Strengthen before the FOMC Statement?

    Asian currencies traded lower against the dollar ahead of the FOMC statement. The US dollar-Japanese yen currency pair rose by 0.80% at 6:00 AM EST on July 27.

    By David Meyer
  • uploads///Taiwan GDP
    Macroeconomic Analysis

    Taiwan’s Economy Expands, Russia Keeps Rates Unchanged

    Taiwan’s economy came out of the recessionary phase. The GDP for 2Q16 grew by 0.69%—compared to a contraction of 0.68% in the previous quarter.

    By David Meyer
  • uploads///
    Macroeconomic Analysis

    The Argentine Peso Tanks as Government Fulfils the Promise of Freefloat

    The US dollar and Argentinian peso currency pair, which is inversely related to the Argentinian peso, rose by 35.6% on December 17, 2015.

    By David Meyer
  • uploads///usdjpy
    Macroeconomic Analysis

    Analyzing the BoJ’s Monetary Policy Enhancement Measures

    The BoJ’s monetary policy was the most awaited macro event this week. It was the first major central bank to expand its easing program after the Brexit vote.

    By David Meyer
  • uploads///asia
    Miscellaneous

    Notable Gainers and Losers among Major Currency Pairs

    Major Asian currency pairs were trading on a negative bias against the US dollar on August 12, 2016. The US dollar broadly rose against the other currencies.

    By David Meyer
  • uploads///boe
    Miscellaneous

    Why the Bank of England Decided to Keep Rates Unchanged

    The Bank of England kept interest rates unchanged at 0.5%. The asset purchase program was also unchanged at 375 billion pounds.

    By David Meyer
  • uploads///european
    Macroeconomic Analysis

    Markets Extend Rally on Stimulus Hopes, FTSE 100 Remains Flat

    The FTSE 100, the United Kingdom’s major index (EWU), has been on rising trend after the sharp fall for two days following the Brexit referendum.

    By David Meyer
  • uploads///euro
    Macroeconomic Analysis

    Global Central Bank Leaders Meet to Calm Market Jitters

    Central banks met in Basel during the Bank of International Settlement’s annual meeting. They discussed how to control the impact of Brexit on the global economy.

    By David Meyer
  • uploads///Crude
    Macroeconomic Analysis

    What Can Investors Expect from the US Dollar in 2016?

    The cautious stance maintained by Fed Chair Janet Yellen allowed less appreciation in the US dollar after the monetary policy meeting.

    By David Meyer
  • uploads///EU manuf PMI
    Macroeconomic Analysis

    Why Did Manufacturing Activity Slow in the Eurozone?

    The manufacturing PMI in the Eurozone (EZU) fell to 52.0 in July 2016 from 52.8 in June. It was slightly above the estimated forecasts of 51.9.

    By David Meyer
  • uploads///USD CLP Feb
    Macroeconomic Analysis

    Chilean Peso Rallies as Central Bank Keeps Rates Unchanged

    The Chilean peso gained against the US dollar on February 12 on the back of the unchanged monetary policy by its central bank and a surge in commodities.

    By David Meyer
  • uploads///bcaceeffcafef
    Macroeconomic Analysis

    Sharp Fall in Crude Oil Price Dictate the Currencies Markets

    Looking at the performance of the major commodity-driven currencies on July 25, the Nigerian naira was the biggest casualty.

    By David Meyer
  • uploads///JPY Dec
    Macroeconomic Analysis

    Japanese Yen Rose on Positive GDP Numbers

    The Japanese yen gained early on December 8, 2015, as GDP (gross domestic product) figures were upwardly revised.

    By David Meyer
  • uploads///Asia July
    Macroeconomic Analysis

    Why Did Bank Indonesia Keep Rates Constant?

    Bank Indonesia kept its benchmark rate unchanged at 6.5% during the monetary policy meeting on July 21 amid expectations of another round of easing.

    By David Meyer
  • uploads///calendar
    Macroeconomic Analysis

    Why Employment Numbers Are this Week’s Center of Attention

    Strong non-farm employment required to maintain any rate hike hopes Non-farm employment changes are one of the most important indicators the US Fed considers in deciding on monetary policy. May non-farm employment changes hit a multi-year low, which took away all probabilities of a June hike. Check out the following article for further detail on May’s […]

    By David Meyer
  • uploads///SEK Sep
    Macroeconomic Analysis

    Swedish Krona Gains on Positive Growth Figures

    The Swedish krona gained by more than 1.5% against the US dollar and 1.0% against the euro on September 11, 2015, as the economy grew at a faster rate than expected in 2Q15.

    By David Meyer
  • uploads///Capture
    Macroeconomic Analysis

    British Pound Rallies on Strong Inflation Numbers

    On August 18, the annualized CPI showed an increase of 0.1% and beat the forecasts. The clothing and footwear sector drove the increase in inflation.

    By David Meyer
  • uploads///nfpvadp
    Consumer

    Can Investors Keep Forecasting the Final Non-Farm Payroll Correctly?

    ADP’s June non-farm payroll numbers indicated an increase of 172,000 jobs in the private sector. ADP’s non-farm payrolls have been mostly accurate.

    By David Meyer
  • uploads///IDR Nov
    Macroeconomic Analysis

    Indonesian Rupiah Traded Lower, Interest Rates Didn’t Change

    The rupiah was trading in a negative trajectory compared to the US dollar on November 17. Bank Indonesia decided to keep the interest rates unchanged.

    By David Meyer
  • uploads///
    Macroeconomic Analysis

    Why the Euro Slumped on Dovish ECB Statement

    The euro fell by more than 2% against the US dollar after the ECB (European Central Bank) meeting on October 22, 2015.

    By David Meyer
  • uploads///NOK Oct
    Macroeconomic Analysis

    Norwegian Krone Extended Appreciation Trend Last Week

    The Norwegian krone appreciated against the US dollar on October 9, 2015, as a result of positive inflation data.

    By David Meyer
  • uploads///Russian GDP
    Macroeconomic Analysis

    Russian GDP Continues to Fall, Taiwan’s Export Orders Drop

    The Russian economy fell by 0.6% on an annual basis in July—compared to Market expectations of a 1.0% decline and lower than a decline of 0.5% in June.

    By David Meyer
  • uploads///JPY Short term
    Macroeconomic Analysis

    Why the High Volatility of the Japanese Yen in Recent Months?

    The US dollar–Japanese yen currency pair has been one of the most volatile developed country currencies in the past six months. The Japanese yen saw heavy appreciation in August.

    By David Meyer
  • uploads///DKK Nov
    Macroeconomic Analysis

    Danish Krone Fell and Inflation Was below the Forecasts

    The Danish krone fell against the US dollar on November 10, 2015. The inflation figures for October were below the expectations.

    By David Meyer
  • uploads///IDR Jan
    Macroeconomic Analysis

    Indonesian Rupiah Fell Due to the Jakarta Attack and Rate Cut

    The Indonesian rupiah fell against the US dollar on January 14, 2016, after a terrorist bomb exploded in the capital city of Jakarta.

    By David Meyer
  • uploads///GBP Nov
    Macroeconomic Analysis

    Pound Sterling Rose Slightly Due to the Sustained Euro Sell-Off

    The pound sterling ended on a slightly positive note against the US dollar on November 17, even though the inflation levels fell on an annual basis in October.

    By David Meyer
  • uploads///imf
    Miscellaneous

    Outlook Projections: IMF Cuts Global Growth Forecasts

    The IMF cut its global economic growth forecasts, according to the latest IMF World Economic Output Update dated July 19. The cut in forecasts was expected.

    By David Meyer
  • uploads///fed
    Macroeconomic Analysis

    Major Movers of the Financial Markets in the Past 20 Years: Part 2

    The global financial crisis of 2008 proved to be the major mover of the financial markets in the last 20 years. Internet companies and the banking sector took a beating.

    By David Meyer
  • uploads///Taiwan GDP
    Macroeconomic Analysis

    Taiwan’s Economy Expands, Bank Indonesia Keeps Rates Unchanged

    Taiwan’s economy rose by 0.7% on an annual basis in 2Q16—compared to a contraction of 0.29% in the previous quarter and slightly above estimated forecasts.

    By David Meyer
  • uploads///spdr
    Macroeconomic Analysis

    Asian Markets Trade Lower, ECB’s Policy Falls Short of Expectations

    Key Asian indexes (AAXJ) were trading lower on July 22 as the ECB’s (European Central Bank) monetary policy disappointed the global market.

    By David Meyer
  • uploads/// macro calendar
    Macroeconomic Analysis

    Why the FOMC, BoJ, and EBA Will Drive Markets This Week

    In terms of the major macro data release from the United States (VOO) (QQQ), it would be the FOMC monetary policy release on July 27. 2016.

    By David Meyer
  • uploads///Japan trade balance Jun
    Macroeconomic Analysis

    Japanese Trade Surplus Rose in June, Imports Fell More than Exports

    The trade surplus for Japan increased to 692.8 billion yen for June—compared to a deficit of 60.9 billion yen in the same month last year.

    By David Meyer
  • uploads///cad
    Macroeconomic Analysis

    Canadian Dollar Sees Sharp Appreciation, Bank of Canada Keeps Rate Unchanged

    The US dollar and Canadian dollar currency pair, which is inversely related to the Canadian dollar, fell about 1.3% below opening levels on March 9.

    By David Meyer
  • uploads///CNY vs CNH
    Macroeconomic Analysis

    Spread Reducing between Onshore and Offshore Yuan

    The spread between the offshore and onshore yuan creates arbitrage opportunities for traders as the value diverges between the two currencies.

    By David Meyer
  • uploads///sek
    Macroeconomic Analysis

    Swedish Krona and Danish Krone Depreciate after Inflation Reports

    The Swedish krona depreciated against the US dollar by more than 1% on December 10, 2015, as inflation levels released below estimates for November.

    By David Meyer
  • uploads///asian
    Macroeconomic Analysis

    Why Are Global Markets Range Bound?

    The contrasting movement among the global markets was primarily due to caution ahead of the Bank of England’s monetary policy release on July 14.

    By David Meyer
  • uploads///copper
    Macroeconomic Analysis

    Why Are Falling Copper Prices Pressuring the Chilean Peso?

    Copper futures prices fell by 1.5% on August 22, 2016. The Chilean peso has a high correlation to copper prices—copper is Chile’s major export.

    By David Meyer
  • uploads///TWD Dec
    Macroeconomic Analysis

    The Taiwan Dollar Keels as Taiwanese Central Bank Cuts Rates

    The Taiwan dollar depreciated against the US dollar on December 17, 2015, as the Taiwan Central Bank cut interest rates for the second time in three months.

    By David Meyer
  • uploads///euro
    Macroeconomic Analysis

    European Markets Carry over Sentiments from Previous Week

    Critical European markets continued their upward trajectory on April 11 and looked as if they were picking up where they left off on Friday, April 8.

    By David Meyer
  • uploads///Capture
    Macroeconomic Analysis

    The People’s Bank of China Surprises Currency Markets

    The Chinese yuan depreciated by 1.8% on August 11, 2015, as the People’s Bank of China (PBOC) aimed to boost the depressed economy and push exports.

    By David Meyer
  • uploads///SPDR May
    Macroeconomic Analysis

    With US Market Sentiment High, Why Did Manufacturing PMI Fall?

    The manufacturing PMI (Purchasing Managers’ Index) published by the Institute for Supply Management fell in April to 50.8. That compares to 51.8 in March and expectations of 51.4.

    By David Meyer
  • uploads///NFP Mar
    Macroeconomic Analysis

    Non-Farm Payroll Soars, Wage Growth Causes Concern

    The non-farm payroll report for February didn’t give any major direction to the Market. The unemployment rate remained at a multiyear low of 4.9%.

    By David Meyer
  • uploads///inr
    Macroeconomic Analysis

    How Does the Indian Rupee Compare Alongside Its Peers?

    The Indian rupee has crossed 2.5-year lows as the US dollar and Indian rupee currency pair crossed the 67 handle after the close of the trading session.

    By David Meyer
  • uploads///SPDR Mar
    Macroeconomic Analysis

    Gold SPDRs Fall as US Fed Members Turn Hawkish in Rate Hikes

    Gold prices retreated following the rise in the US dollar index. Gold had been gaining traction earlier last week following a dovish report by Janet Yellen, the US Federal Reserve chairperson.

    By David Meyer
  • uploads///EUR Feb
    Macroeconomic Analysis

    Germany’s GDP Meets Consensus, EWG Trades Lower

    Germany’s economy grew at an annual pace of 2.1% in 4Q15—in line with estimated forecasts and above growth of 1.8% in the previous quarter.

    By David Meyer
  • uploads///spdr
    Macroeconomic Analysis

    ECB Leaves Rates Unchanged, Stimulus Levels Still Constant

    The ECB (European Central Bank) kept interest rates unchanged at 0% on June 2, 2016. Mario Draghi, president of the ECB, hinted at optimism for growth in the Eurozone economy.

    By David Meyer
  • uploads///SPDR Mar
    Macroeconomic Analysis

    US Dollar Weakens as Yellen Voices Rate Hike Concerns, Gold Spikes

    US Federal Reserve Chair Janet Yellen delivered a dovish statement about further rate hikes. Yellen expressed concerns over global economic growth.

    By David Meyer
  • uploads///euro
    Macroeconomic Analysis

    Caution in European Indexes ahead of the Central Bank Meeting

    European indexes (DBEU) were trading with a slight positive bias this morning even as crude oil prices fell by close to 2.5% at 9:00 AM EST.

    By David Meyer
  • uploads///gbp graph
    Macroeconomic Analysis

    Will the Pound Emulate the US Dollar’s Strength in 2016?

    The situation for the pound sterling in 2016 is similar to the US dollar’s situation in 2015. The markets are expecting a rise towards mid-2016.

    By David Meyer
  • uploads///european
    Macroeconomic Analysis

    Why Italian Banks Led Gains in European Markets

    Critical European markets (DBEU) were all trading on a positive note on August 23, 2016. The rise was led by the Italian FTSE MIB.

    By David Meyer
  • uploads///nzdunemp
    Macroeconomic Analysis

    New Zealand Employment Reports Should Be Viewed with Caution

    Given the two major changes brought about by Statistics New Zealand, markets should view this unemployment release as a benchmark for upcoming releases.

    By David Meyer
  • uploads///aud
    Macroeconomic Analysis

    Australian Unemployment Fell: Is More Easing Needed?

    The Australian Bureau of Statistics published the employment report for July on August 18, 2016. The unemployment rate fell by 0.1% to 5.7%.

    By David Meyer
  • uploads///India wpi
    Macroeconomic Analysis

    RBA Minutes Exhibit Dovish Bias, Wholesale Prices Rise in India

    The RBA released its minutes. Inflationary pressures were subdued—noted by a sluggish rise in consumer prices in Australia of 1% in 2Q16.

    By David Meyer
  • uploads///ZEW index
    Macroeconomic Analysis

    UK Inflation Rose Slightly, ZEW Economic Sentiment Rose

    The ZEW economic sentiment index for Germany (EWG) (HEWG) rose to 0.5 in August from -6.8 in the previous month. It was below estimated forecasts of 2.0.

    By David Meyer
  • uploads///Thai GDP
    Macroeconomic Analysis

    Thailand’s GDP Strengthens, Trade Surplus Narrows for Indonesia

    Thailand’s economy rose by 3.5% on an annual basis in 2Q16. The GDP rose at the fastest pace since 1Q13. On a quarterly basis, its GDP grew by 0.8% in 2Q16.

    By David Meyer
  • uploads///Japan GDP
    Macroeconomic Analysis

    Japan’s Economy Exhibits Flat Growth, Abe Feels the Pressure

    Japan’s economy showed no growth on a quarterly basis in 2Q16—compared to growth of 0.5% in the previous quarter and forecasts of a 0.2% expansion.

    By David Meyer
  • uploads///eu gdp
    Macroeconomic Analysis

    Eurozone GDP Met Expectations, German Inflation Rose

    The Eurozone’s seasonally adjusted GDP rose by 1.6% on an annual basis in 2Q16—in line with estimated forecasts and against 1.7% growth in 1Q16.

    By David Meyer
  • uploads///India inflation
    Macroeconomic Analysis

    Malaysian GDP Grew Slower, Inflation Beat Expectations in India

    The Malaysian economy grew by 4.0% on an annual basis in 2Q16—in line with estimated forecasts and against 4.2% growth recorded in 1Q16.

    By David Meyer
  • uploads///calendar
    Macroeconomic Analysis

    Is the Hectic Macro Calendar Pointing to a Volatile Week Ahead?

    In terms of the macro calendar, the major data releases for the week starting August 15 from the US side will include the CPI and the building permits release.

    By David Meyer
  • uploads///Swedish inflation
    Macroeconomic Analysis

    Swedish Inflation at a 4-Year High, Russian GDP Contraction Eases

    Consumer prices in Sweden rose by 1.1% in July on an annual basis. It was the highest recorded inflation in Sweden since April 2012.

    By David Meyer
  • uploads///Korea etf adr
    Macroeconomic Analysis

    Bank of Korea Keeps Rates Unchanged, Asian ETFs Trade Positive

    South Korea’s monetary policy committee kept the benchmark interest rate unchanged at a record low of 1.3%—in line with expectations.

    By David Meyer
  • uploads///Swedish ind prod
    Macroeconomic Analysis

    Why Did Swedish Industrial Production Fall?

    Swedish industrial production fell by 1.4% in June on an annual basis—compared to a 1.5% drop in the previous month.

    By David Meyer
  • uploads///nz
    Miscellaneous

    Why Did the RBNZ Decide to Cut the Official Cash Rate?

    For RBNZ (Reserve Bank of New Zealand) Governor Graeme Wheeler, coming out with a cut was a no-brainer to markets. Markets expected a rate cut.

    By David Meyer
  • uploads///China trade balance
    Macroeconomic Analysis

    China’s Trade Surplus Expands, Australian Indices Still Rise

    China’s trade surplus widened to $52.3 billion in July from $48.1 billion in the previous month. It’s expected to narrow to $47.6 billion.

    By David Meyer
  • uploads///Latin Aug
    Macroeconomic Analysis

    Latin American Markets Rise, Chile Records Slower Inflation

    Latin American markets were trading higher on August 8—taking cues from a rise in commodity and crude prices globally.

    By David Meyer
  • uploads///Taiwan inflation
    Macroeconomic Analysis

    Inflation Rises in Taiwan, Indonesian GDP Beat Expectations

    The inflation rate in Taiwan rose by 1.2% in July on an annual basis—above expectations of 1.1% growth and last month’s rise of 0.91% in consumer prices.

    By David Meyer
  • uploads///unemploymentrate
    Consumer

    Unemployment Rate Remained Unchanged at 4.9% in July

    The unemployment rate remained unchanged at 4.9% in July—the number of people unemployed remained at ~7.8 million.

    By David Meyer
  • uploads///pmi
    Macroeconomic Analysis

    What Does the Global Markit Services PMI Show?

    Markit published the July services PMI number for European countries (EZU) on August 3. The services activity expanded in Europe.

    By David Meyer
  • uploads///bitcoin
    Consumer

    Bitcoin Prices Fall, Hackers Reportedly Stole Bitcoins Worth $65 Million

    Bitcoin, one of the most commonly used digital currencies, fell by close to 15% over the last four trading sessions. It’s used for online payments.

    By David Meyer
  • uploads///pmi
    Macroeconomic Analysis

    Weak PMI Data Release Puts Pressure on Markets

    The United Kingdom’s (EWU) construction PMI (purchasing manager’s index) fell in July to 45.9—slightly below 46 recorded last month.

    By David Meyer
  • uploads///asian
    Macroeconomic Analysis

    Why Are Global Markets Trading Lower?

    Major Asian markets (AAXJ) were trading on a negative note on August 3, 2016. The only exception was the Chinese (FXI) index DJ Shanghai.

    By David Meyer
  • uploads///RBA cash rate
    Miscellaneous

    Australian Dollar Rose despite the RBA’s Monetary Easing Measures

    The RBA (Reserve Bank of Australia) cut the cash rate by 25 basis points to a record low of 1.5% in the monetary policy meeting on Tuesday.

    By David Meyer
  • uploads///aus
    Macroeconomic Analysis

    Australian Data Disappoints: Does It Point to Easing by the RBA?

    The Australian approvals were published ahead of the RBA’s monetary policy. Building approvals fell by 2.9% on a month-over-month basis.

    By David Meyer
  • uploads///China PMI
    Macroeconomic Analysis

    Manufacturing PMI Releases across Asian Economies, China Struggles

    The official manufacturing PMI for China, published by the National Bureau of Statistics of China, came in at 49.9 for July—slightly below June’s reading of 50.

    By David Meyer
  • uploads///Swedish GDP
    Macroeconomic Analysis

    Scandinavian Macroeconomic Data Are below Expectations

    Sweden’s economy expanded by 3.1% on an annual basis in 2Q16—compared to 4.2% growth in the previous quarter and below expectations of 3.7% growth.

    By David Meyer
  • uploads///Chile ind prod
    Macroeconomic Analysis

    Colombia Hikes Rates, Chile’s Industrial Production Contracts

    Colombia’s central bank increased the benchmark interest rates for the 11th consecutive meeting by 25 basis points to bring the rate to 7.8%.

    By David Meyer
  • uploads///Asia July
    Macroeconomic Analysis

    EWA Rises despite Lower Growth in Export and Import Prices

    Recently, the trade surplus for Thailand increased as imports fell lower than exports in the Thai economy. THD rose by 0.81% at 1:30 PM EST on July 28.

    By David Meyer
  • uploads///cpi
    Macroeconomic Analysis

    What Are the BoJ’s Projections for Economic Activity in Japan?

    The Bank of Japan gave its economic outlook after the monetary policy meeting on July 29. The weak data are due to the slowdown in emerging economies.

    By David Meyer
  • uploads///Aus inflation
    Macroeconomic Analysis

    Inflation Levels in Australia Exhibit a Sluggish Increase

    Inflation levels in Australia rose by 1.0% in 2Q16—slightly below estimated forecasts of a 1.1% rise and softer than the previous quarter’s rise of 1.3%.

    By David Meyer
  • uploads///uk
    Macroeconomic Analysis

    UK Economy Expands: Is a Rate Cut Less Probable?

    The United Kingdom’s economy expanded. The GDP rose by 2.2% on an annual basis in 2Q16—from 2% growth in the previous quarter.

    By David Meyer
  • uploads///jpy
    Macroeconomic Analysis

    Volatility in the Japanese Yen before the BoJ’s Meeting

    The Japanese yen gained strength during mid-July due to growing uncertainties surrounding the BOE’s (Bank of England) monetary policy.

    By David Meyer
  • uploads///spdr
    Macroeconomic Analysis

    FOMC Keeps the Door Open for a Live Meeting in September

    The Fed had a meeting on July 27 to decide on the monetary policy. The tone of the Fed’s statement made a case for the September meeting to be a live one.

    By David Meyer
  • uploads///Spore ind prod
    Macroeconomic Analysis

    Why Did Singapore’s Industrial Production Fall?

    Singapore’s industrial production fell on an annual basis by 0.3% in June—compared to a rise of 0.8% in the previous month and expectations of a 0.2% fall.

    By David Meyer
  • uploads///Spore inflation
    Macroeconomic Analysis

    Inflation Levels Fall in Singapore, Malaysian Unemployment Rate Falls

    The inflation rate in Singapore fell by 0.7% on an annual basis in June after a 1.6% drop in May and estimated forecasts of a contraction of 1.1%.

    By David Meyer
  • uploads///ifo
    Macroeconomic Analysis

    Why Did Ifo’s Release Show Gains in Construction and Retail?

    The overall Ifo business climate suffered a setback in July. Looking at the sector-based performance, the construction and retail sector saw a rise.

    By David Meyer
  • uploads///Asia July
    Macroeconomic Analysis

    Strong Rise in Business Sentiment: Is It Signaling a Bounce Back?

    The MNI China business sentiment index rose to 55.5 in July—compared to 54.5 in the previous month. It released at the highest level since October 2015.

    By David Meyer
  • uploads///growth
    Miscellaneous

    Analyzing Scenarios in the IMF’s Report: What to Expect

    The IMF looks at two risk scenarios for estimating the growth forecasts in case of increased risks. The two new scenarios are “downside” and “severe.”

    By David Meyer
  • uploads///uk
    Macroeconomic Analysis

    Why Are Retail Sales Low in the United Kingdom?

    The Office of National Statistics published the retail sales for June at a six-month low. Retail sales fell by 0.9% on a month-over-month basis.

    By David Meyer
  • uploads///ecb
    Miscellaneous

    Monetary Policy Statement: Why the ECB Kept Rates Unchanged

    The ECB decided to keep the key rates unchanged in the monetary policy review on July 21, 2016. The pound was the major loser among the currencies.

    By David Meyer
  • uploads///Asia July
    Macroeconomic Analysis

    Inflation Levels in Malaysia Ease, Taiwanese Export Orders Drop

    The inflation rate in Malaysia increased by 1.6% on an annual basis in June—compared to 2.0% in the previous month and below forecasts of 1.6%.

    By David Meyer
  • uploads///euro
    Macroeconomic Analysis

    Euro and Pound Move in Opposite Directions before the ECB Meeting

    On July 20, the euro-US dollar pair was trading range bound around the 1.10 handle. The pair ended the day on a flat note with a slight fall of 0.06%.

    By David Meyer
  • uploads///Unemployment rate UK
    Macroeconomic Analysis

    UK Unemployment Rate Improves, Brexit Concerns Remain

    The unemployment rate in the United Kingdom reached 11-year low levels as the jobless rate fell to 4.9% for the period from March to May.

    By David Meyer
  • uploads///aus
    Macroeconomic Analysis

    Asian Markets Fall, Led by EWA: Australia Stays Open to Rate Cut

    The RBA (Reserve Bank of Australia) induced a sell-off in the Australian dollar when it kept the door open for rate cuts in the future. It said inflation rates are still below the target.

    By David Meyer
  • uploads///german
    Macroeconomic Analysis

    Inflation Rises in United Kingdom: Should Go Higher on Weak Pound

    Inflation rate in the United Kingdom pushed higher to release at 0.5% on an annual basis in June. However, it was still below the central bank’s target of 2%.

    By David Meyer
  • uploads///advanced
    Macroeconomic Analysis

    Why Were the United Kingdom’s Growth Forecasts Slashed?

    Looking at the change in growth forecasts in advanced economies, the United Kingdom suffered the largest downward revision of estimates.

    By David Meyer
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