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Economic Updates

Economic Updates

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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German Election A Probable Grand Coalition

The German election is fast approaching and with the current polls and coalitions are practically inevitable. The 2013 Grand coalition - CDU/CSU and SPD was effective and the government was successful in implementing a lot of legislation in a harmonious way. Even at times of conflict such as the dual citizenship, both parties have arrived at a harm...

September 4, 2017
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German Election

The German election is one of the key elections for the Eurozone following the French and UK elections. Angela Merkel is in the final month of campaigning for a fourth term in power. With an anti-immigration party continuing to capture segments of the electorate, Merkel might be faced with a coalition with one or more opposition parties.   Pol...

August 20, 2017
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UK Election 2017 – The Results Are In

UK Election 2017 – The Results Are In The people of Britain have spoken, the results from the UK Election are in and Britain is more divided than ever. When Theresa May called the Snap General election back in April, it was predicted that The Conservative Party will win the election by a large margin but it all began to change when all parties st...

June 19, 2017
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UK Election – Getting closer

UK Election – Getting closer In just under one weeks the people of Britain will go the polls to cast their vote in the UK elections. When Theresa May called the Snap Election the polls suggested a landslide victory for the Conservative party but since then a lot has happened – the manifestos have been published, polls are suggesting that the l...

June 2, 2017
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A “Labour-Like” Budget by the Liberals

A "Labour-Like" Budget by the liberals Treasurer Scott Morrison has delivered his second budget on the 9th of May 2017. It is claimed to be politically correct with focus on key issues such as major banks, multinationals, affordable housing and foreign workers together with a “big spending” economic plan. This budget has left little room for cr...

May 23, 2017
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French Elections – The final round

French Elections -The final around Marine Le Pen, a lawyer, politician and recently the former president of the National Front is facing a young independent centrist untainted by old politics. Almost a year after forming his party, markets were positively surprised when Macron managed to outcast 2 major political parties that have governed France f...

May 5, 2017
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United Kingdom – Snap General Elections 2017

United Kingdom - Snap General Elections 2017 2017 is now expected to be an even bigger year for the United Kingdom - On the 18th April, British Prime Minister Theresa May made the shock call for a snap general election to be held on the 8th June, 2017. This is contrary to what she has previously said on numerous occasions. In fact, on the 30th June...

April 26, 2017
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Post Inauguration – approaching 100 days

Post Inauguration – approaching 100 days Back in November 2016, the people of America went to cast their vote for their 45th President. There were two main candidates – Donald Trump and Hilary Clinton, the polls indicated a win for Clinton but the result proved the opposite. Even though Clinton won the Popular vote, Trump won the vote that coun...

April 19, 2017
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Non-farm payroll beats expectations

Upcoming News » No high impact data tonight » 10:30pm (MED Impact) Building Permits - CAD The big story that finished off last week was the Non-farm payroll employment change. The figure  released was far better than what was being expected. The market was looking for 180K, 255K new jobs were delivered. Hourly earnings also increased from 0.2%...

August 8, 2016
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Groundhog Day at the RBA, but where next for the Aussie dollar?

Yield Advantage Beginning 2014 trading around $0.89, the Australian dollar remained remarkably resilient throughout the first half of 2014, reaching highs of $0.95 at the beginning of July, buoyed by a yield advantage over its global counterparts as the Reserve Bank of Australia (RBA) moved their policy bias from negative to neutral. Repeated effor...

November 6, 2014
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