Unlike the pre-tariff spike in soybean exports, the near-100% annualised surge in mining structures investment in the second quarter, which accounted for 0.4% points of the 4.1% annualised gain in...

The acceleration in GDP growth, to an impressive 4.1% annualised in the second quarter, is principally due to the massive fiscal stimulus unleashed at the start of this year. Unfortunately, there is...

The unexpectedly successful trade meeting between President Donald Trump and EU President Jean-Claude Juncker yesterday has raised hopes that a much bigger trade war can be averted. Admittedly, the...

Recent trends in the survey evidence cast doubt on the idea that the Treasury yield curve is giving a misleading signal due to structural distortions. The curve may have steepened in recent days but...