Latest News for: Economist index

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Fed’s Favored Inflation Gauge Could Moderate a Bit. Don’t Read Too Much Into It.

Barrons 27 May 2022
The core personal consumption expenditure index deflator is the metric the central bank uses to guide policy decisions.
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Where Is Inflation Headed? Nine Signs To Watch | Mint

Live Mint 26 May 2022
Here are the signals that economists are watching to anticipate how the U.S ... He and other economists are crunching numbers to get a three-month annualized rate ... economist at Nomura Securities, suggests checking Zillow’s observed rent index and Apartment List’s rent estimate to better understand housing-cost trends.
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Middle East ports top global efficiency rankings

Seatrade Maritime News 26 May 2022
Increasing the use of digital technology and green fuel alternatives are two ways countries can modernise their ports and make maritime supply chains more resilient,” said Martin Humphreys, lead transport economist at the World Bank and one of the researchers behind the index.
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SA lost an economic giant: Tributes pour in for veteran economist Mike Schüssler

Independent online (SA) 25 May 2022
TRIBUTES poured in yesterday for Mike Schüssler, a well-known economist and founder of economists.co.za, saying that South Africa had lost an “economic giant”, a “great mind“ and who had left "an indelible mark as an economist” ... Of note, Schüssler founded economists.co.za in 2005 ... He left an indelible mark as an economist,” Naidoo said.
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Russia discussing indexing gold to ruble

Anadolu Agency 25 May 2022
While the Bank of Russia on March 28 announced that it would temporarily buy gold from the market at a fixed price of 5,000 rubles per gram, some Russian and international economists claimed that the step means that the ruble is indexed to gold ... The indexing of the ruble to gold ended due to the start of World War I.
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Middle East container ports are the most efficient in the world

Splash24/7 25 May 2022
Increasing the use of digital technology and green fuel alternatives are two ways countries can modernise their ports and make maritime supply chains more resilient,” said Martin Humphreys, lead transport economist at the World Bank and one of the researchers behind the index.
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Condolences pour in after death of renowned economist Mike Schüssler

Independent online (SA) 24 May 2022
The business fraternity in South Africa is mourning the death of well-known economist and founder of economists.co.za Mike Schüssler ... Messages of condolences have been pouring in for the business-minded economist ... Since 2012, Mike has been the consulting economist and media spokesperson for the monthly BankservAfrica Index.
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ATA Truck Tonnage Index Fell 2% in April

Longview News-Journal 24 May 2022
Index 1.8% Above April 2021 ... In April, the index equaled 115.8 (2015=100) versus 118.2 in March ... Despite being the largest sequential drop since August 2020, the index was still above where it started in 2022 and a year earlier," said ATA Chief Economist Bob Costello ... In March, the index was up 3.3% from a year earlier.
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Nigeria's central bank surprises with rate hike, cites inflation

Reuters 24 May 2022
Overnight lending rates climbed 200 basis points to 14% while the main share index (.NGSEINDEX) fell to a two-week low. Razia Khan, chief economist for Africa and the Middle East at Standard Chartered, said the rate increase raised questions about whether this could be a precursor to a change in the central bank's policy on foreign exchange.
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German Business Sentiment Improves to Deliver EUR Support

FX Empire 23 May 2022
It was a quiet Eurozone economic calendar, with stats limited to German ifo Business Climate Index numbers for May ... The ifo Business Climate Index increased from 91.9 to 93.0, beating a forecasted decline to 91.4 ... Economists forecast the situation index to fall to 95.8 and the expectations index to decline to 83.5.
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Asian shares mixed as Wall Street hovers near bear market

Atlanta Journal 23 May 2022
“Recessionary concerns continue to hold back the buy-the-dippers in Asia today, with Asian stock markets completely ignoring the strong rally by US index futures this morning," Jeffrey Halley of Oanda said in a commentary ... Hong Kong's Hang Seng index lost 1.4% to 20,424.70 while the Shanghai Composite index was nearly unchanged at 3,146.86.
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Asian shares mixed after Wall St barely misses bear market

Springfield News-Sun 23 May 2022
“Although it is possible that Labor will represent a slightly more fiscally supportive government than their predecessors, we don’t see many implications for financial markets from this election result," ING Economics economists said in a commentary ... Goldman Sachs economists recently put the probabilty of a U.S.
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Port Efficiency Index: Middle East Tops Rankings with SoCalPorts Last

The Maritime Executive 25 May 2022
“Inefficient ports represent a significant risk for many developing countries in that they can hinder economic growth, harm employment, and increase costs for importers and exporters,” said Martin Humphreys, Lead Transport Economist at the World Bank and one of the researchers behind the index.
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Wall Street poised for gains after flirting with bear market

Federal News Radio 23 May 2022
NEW YORK (AP) — Major indexes are opening broadly higher on Wall Street Monday following seven weeks of declines that nearly ended the bull market that began in March 2020 ... NEW YORK (AP) — Major indexes are opening broadly higher on Wall Street Monday following seven weeks of declines that nearly ended the bull market that began in March 2020.
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US stocks open higher following 7 straight weeks of losses

Traverse City Record-Eagle 23 May 2022
NEW YORK (AP) — Major indexes are opening broadly higher on Wall Street Monday following seven weeks of declines that nearly ended the bull market that began in March 2020 ... Hong Kong's Hang Seng index lost 1.2% to 20,470.06 while the Shanghai Composite index was nearly unchanged at 3,146.86.

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