NZ economy is small, commodity based and difficult to manage to a stable compass. This outcome today follows a long history of fits and starts. Recall Orr did not want this job - now you know why.

RBNZ’s Orr: If Circumstances Change We Will Act

When you find yourself supporting a liar and ignoramus who bashes up his own team and own selection of senior policy people its time to pause and have a serious talk with yourself.

Trump: Fed puts us at competitive disadvantage compared to other countries

The Pentagon is a sad anachronism reflecting (hot and cold) the xenophobia of US population as a gross generalisation. When you don't have a real enemy then to promote your war machine you need to invent one. The CCP has similar people of course and ...

China, US in battle for space supremacy

Bigfoot is now irrelevant to the big picture which should be everyone's focus now because there are very large trading opportunities in the pipeline which will swamp your usual daily titbits and in this game the big movements are the real pay-offs. ...

Trump says China trade talks moving along nicely, but deal has to be right

Forex trading is not about managing risk which is under the topic of portfolio management. Forex trading is about managing uncertainty which has different tools. Some go for technical tools and some go for fundamental tools or some mix of the two. ...

4 Tips To Stop Worrying and Improve Your Trading Performance

If you drive a protectionist buggy from Day 1 then as the biggest, greatest country in the world you are going to create a mess. Predictably this has occurred. USA now has a trillion dollar fiscal deficit - roughly 1% of the total world GDP. And ...

Trade Optimism Forces Market to Face Its Demons

Amusing that this is news.

U.S. Is Very, Very Optimistic About Reaching A Trade Deal With China

Trump did start right out of the gate in 2017. Were you asleep?

The Sudden Need For A Trade Deal

Banks always want it both ways. Either they are going under because of earlier mismanagement and crisis, and need to be rescued; or they are so stuffed with gluttony at the trough that they can hardly move. Are banks necessary? Yes for the time ...

Deutsche Bank Sees Interest Rates as Biggest Challenge in Europe

Well, sounds like capitalism is alive and well in some parts of the world.

Payments just got a lot easier in China, where no one wanted to accept my cash

Carefully avoids any criticism of other areas of economic and trade policy. Both micro and macro policy settings are best combined in the quest to achieve a country's goals. The single obvious feature of the conditions faced by the FED is the lack ...

The restoration of monetary policy equilibrium

What are the tariffs for? Tariffs do not work if you believe in free trade. China has moved a long way towards free market economics and away from socialism. USA moves are in the opposite direction.

US considers dropping some tariffs on China

China has a much better hold on reality than USA. Today China has referred to agreements with New Zealand, the 15 other members of RCEP, the ongoing work with Japan and SK and the EU. This is reality - moving forward with a framework while working ...

Ross says phase one trade deal with China will be good start

It is abnormal for sharemarkets not to close at records and usually follows a crisis or period of huge mismanagement of policy. As an economy grows (USA is growing) then profits also grow and usually faster than GDP in nominal terms. An excellent ...

Dow, S&P 500 and Nasdaq all close at records on the same day for first time in about 4...

For the past 30 years at least Fed spokespeople have been commenting on the situation and outlook. Occasionally I suspect a contrary view was expressed at the prompt of the chair. I often relate Air Crash Investigations to policy. Sometimes it's ...

Transparency lays bare Fed disharmony

The framework of an FTA is different though I concede the point. An FTA has exclusions to free trade in specific appendices which can then be worked upon towards greater liberality such as has happened in this case. A TA is more of a document ...

NZ strikes deal on China FTA upgrade after years of talks

I don't recall economic texts being different between men and women.

Bank of England: Dame Minouche Shafik is current government's choice

This is extremely important as a more general indicator about how close deflation is everywhere. Check out the yoy chart provided in the release showing the big shift fron inflation to deflation in Sw.

Consumer prices fell by 0.2% in October

Another volatile indicator which tells you zippo on one month numbers.

Swiss retail trade posted positive figures in September 2019

This is a very important point because I believe that at the margin we are now going to see a widespread, though not deliberately co-ordinated easing of economic policies (not just monetary) to prevent a further slowdown stage which after all is ...

USD/JPY downside risks