Specialized search for economics

14+ hour, 6+ min ago  (725+ words) OECD Cuts Korea's Growth Forecast to 1.7% While Raising U.S. Outlook" The Organisation for Economic Co-operation and Development (OECD) has cut South Korea's economic growth forecast for this year from 2.1% to 1.7%. Korea is expected to suffer the greatest economic shock among major…...

41+ min ago  (456+ words) Housing prices in Seoul seem to be slowing down by reducing their rise for two consecutive weeks. However, although transactions are quiet, regional deviations are becoming clear, with prices still strong in areas where real demand groups are concentrated. According…...

28+ min ago  (248+ words) March 26 (Asia Today) -- The Organization for Economic Cooperation and Development cut South Korea's 2026 growth forecast to 1.7% from 2.1%, citing the economic fallout from rising energy prices and supply disruptions linked to the conflict in the Middle East. The OECD released the…...

35+ min ago  (351+ words) The Current Account Deficit Narrowed, But Don't Celebrate Yet The Bureau of Economic Analysis reported on Wednesday that the U.S. current-account deficit narrowed sharply in the fourth quarter, falling 20.2 percent to $190.7 billion from a revised $239.1 billion in the third quarter. As…...

32+ min ago  (266+ words) Macroeconomics and reality (Sims 1980): The Wall Street Journal obituary for Chris had an apt title: "Christopher Sims, Economist Who Taught the Data to Speak." VARs indeed taught the data to speak to economists about macroeconomic dynamics, and the language was…...

16+ min ago  (905+ words) (Bloomberg) -- The dollar is on track for its best month since July as the conflict in the Middle East scrambles Wall Street's playbook for the world's dominant reserve currency. The Bloomberg Dollar Spot Index is up more than 2% in March,…...

4+ hour, 44+ min ago  (12+ words) EU trade surplus shrinks by "8b as energy deficit persists'The Brussels Times...

9+ hour, 55+ min ago  (313+ words) Stability Amidst Uncertainty: U.S. Labor Market Holds Steady'Devdiscourse Stability Amidst Uncertainty: U.S. Labor Market Holds Steady Despite a slight increase in unemployment benefit claims, the U.S. labor market remains stable. Inflation risks loom due to Middle Eastern tensions affecting oil prices. The Federal…...

48+ min ago  (424+ words) It's worth pointing out the illiquidity in Kiwi rates markets. Much of the move in wholesale rates has been flow driven. That means banks are facing the same way, needing to pay swap rates, and are unable to find receivers…...

15+ hour, 42+ min ago  (732+ words) This multi-asset reaction underscores the broad-based nature of the market's response. Q1: Why does NZD/USD fall on geopolitical news?The New Zealand Dollar is considered a "risk-sensitive" or "commodity" currency. When geopolitical events spark uncertainty, investors often sell riskier assets…...