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Canada: Labour productivity, hourly compensation and unit labour cost . . . The labour productivity of Canadian businesses edged down 0 1% in the fourth quarter as hours worked declined at a slower pace than real gross domestic product (-0 2%) This contrasts with the previous quarter in which labour productivity rose 1 1% as output increased with fewer hours worked The
Japan’s missing balance sheet | Forex Factory Japan’s ¥1,400tn ($9tn-$10tn) public debt dominates almost every fiscal debate Far less attention is paid to the other side of the balance sheet Japan owns one of the largest portfolios of public commercial assets in the developed world – spanning land, buildings, infrastructure, financial
Investors Find Hope in the Fog of War | Forex Factory The markets have put much stock in President Trump’s signal that the war on Iran may be nearly over News today suggests that the Strait of Hormuz remains mostly blocked and several European countries have committed more military hardware to defend the UAE In the fog of war, public pronouncements
RBA Hikes in a 5-4 Decision, Trump-Xi Meeting Postponed, Beijing . . . There have been three developments to note First, President Trump’s trip to China has been postponed by at least a month The White House linked it to the war efforts, but earlier reports claimed Chinese officials were disappointed with the lack of progress in the preparatory efforts The US