Global Economy

One of the leading indicators Bank of England (BoE) uses to predict the future direction of goods inflation is the manufacturing producer price index (PPI) growth rate. The close relation, however, has broken down in the past year.

Bank of England will conduct a system-wide exploratory scenario (SWES) exercise on the UK financial markets to see how well both banks and non-bank financial institutions can handle stress market conditions.

The most important question for the 30th Jan Fed meeting balance sheet policy, because it is also most underrated by the market.

The latest Purchasing Manager Index (PMI) for the two largest economies, Germany and France, is showing a clear sign of looming recession.

Canada's CPI rose 2.78% in February, a further slowdown from the 2.86% increase in the January

The March US job opening and labor turnover (JOLT) report shows that job opening rate, hire rate and quit rate all dropped marginally in March, showing further cool down in the US labor market.

The US central bank also made an adjustment of the program's terms, setting minimum interest rate level at the interest of reserve balance, effective immediately, to block an arbitrage opportunity that banks have been taking advantage of.

US nonfarm payroll increased 353,000 and Unemployment rate as 3.7% in January

Germany's GDP data for 2018 might have been distorted by some questionable data provided by the pharmaceutical manufacturing industry.

The latest SESFOD shows that the credit terms offered to counterparties for both securities financing and OTC derivative transactions is further tightened.