Chile is to cut the working week from 45 to 40 hours — a stark contrast to the 48 hours of toil across the rest of Latin America. From four-day weeks to remote work, DW...
A possible deal in OPEC saw a sharp drop in crude oil prices, and there is some follow-through selling today. European yields are lower, though hawkish comments are weighing on UK Gilt prices. Australia’s jobs...
The debt of US nonfinancial businesses had already surged in recent years, but when the Pandemic hit, businesses went on a borrowing binge as the Fed has repressed interest rates to record lows even for...
Transparency International has said governments in many OECD nations have become less inclined to fight companies that use bribery to get contracts abroad. It cited budgetary reasons to be behind the backsliding. The anti-corruption watchdog...
China data deluge will start Tuesday, with June CPI to be reported. A rate of 2.5% y/y is expected vs. 2.1% y/y in May. Trade comes next around mid-week, with exports seen rising 3.7% y/y...
Emerging Markets – Quick Commentary The risk of running high current account deficits (CAD) has hit hard several emerging markets in the Asia-Pacific. With FIIs withdrawing to invest in US bonds and supply of dollars dipping, national...