Long-Term Outlook Deteriorates for G-7 Countries
Seven years on from the global financial crisis, G-7 and Western European activity continues to cruise at relatively modest speed. US and UK labour markets appear to be on firmer […]
Tag Archives: Federal Reserve System
Gold: US Fed Could Further Delay Tapering
Gold prices hit a three-month low of US$1272 per troy oz on October 11 as a 16-day US federal government shutdown – caused by dispute over the FY2014 budget – […]
US: Shutdown Overshadows Economic News
The stalemate between Congressional Republicans and the White House over the FY2014 budget precipitated a Federal government shutdown on October 1st (the start of the new fiscal year). This cut […]
Turkey: High Inflation and FX Volatility
Inflation surged above 8% (y-o-y) in each of the last three months, while a widening current account deficit (US$5.8bn in July) continues to put pressure on the lira. Much of […]
Indian Rupee: Tough Challenges Ahead
Undermined by weak fundamentals and the prospect of an early end to US policy accommodation, the rupee sank below rs68.0/US$, from rs54.0/US$ at the start of May. A downturn in […]
