Economy

Investors endorse the new 30-year Government Bond sale
July 27, 2020 09:50 PM AEST| By Team Kalkine MediaAustralian government debt has been negligible to practically nothing for decades, but the scenario does not seem to be the same anymore. The country’s response to coronavirus has pushed its budget deficit to $85.8 billion for the last financ.....

Canada’s inflation leaves negative territory, increases 0.7 percent in June
July 25, 2020 04:20 PM AEST| By Team Kalkine MediaCanada’s benchmark inflation measure, the Consumer Price Index (CPI), grew 0.7 percent year-over-year in June, marking its return to positive territory. The inflation had turned negative in April following the enforcement of strict containmen.....

A Brief Outline of CUSMA And Its Impact on Canada
July 22, 2020 04:00 PM AEST| By Team Kalkine MediaThe Canada-United States-Mexico Agreement (CUSMA), also known as USMCA in the United States and T-MEC in Mexico, is the successor of the trilateral accord, North American Free Trade Agreement (NAFTA). CUSMA came into effect on July 1, 2020, and att.....

Retail industry faces ‘COVID-19 hangover’ as consumers spend with caution
July 21, 2020 04:00 PM AEST| By Team Kalkine MediaSummary The pandemic has left major impact on Canada’s struggling retail industry Consumer behavior has changed forever, and rules of retail are being rewritten by the new normal After historic declines in March and April, May retail fig.....

Japanese Exports face the Steepest Plunge as Economy sinks into Recession
July 21, 2020 02:29 PM AEST| By Team Kalkine MediaSummary Japan’s economy slipped into recession in May, with a contraction in GDP by 3.4% annually in Q1 2020, followed by a 7.3% plunge in the previous quarter. Exports plunged 26.2% in June from a year ago as overseas demand for cars, an.....

Double-dip Recession: A possibility in the US?
July 20, 2020 08:28 PM AEST| By Team Kalkine MediaSummary The resurgence of COVID-19 cases in some nations worldwide along with the US has sparked fears and risk of another global economic downturn. The rapid acceleration of coronavirus cases in the US is threatening the economic recovery of t.....
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A glance at Chinese Economy: rebounding or stalling?
July 16, 2020 06:36 PM AEST| By Team Kalkine MediaSummary Though economically China showcases progress, geopolitically China is garnering backlashes across the world, especially from the US for its recently imposed National Security Law on Hong Kong. China’s relationship with the US reac.....

Canada’s Bright Spots Amid COVID-19: The Gradual Return of Investments in Sunshine Sectors
July 16, 2020 12:00 PM AEST| By Team Kalkine MediaCanada’s economy and employment has been decimated by containment measures enforced to curb the spread of the coronavirus. In days following the lockdown, the country’s economy entered a recession and markets crashed, wiping off investo.....

Bank of Canada keeps benchmark rates intact, says full economic recovery unlikely before 2022
July 15, 2020 12:37 PM AEST| By Team Kalkine MediaThe Bank of Canada will maintain its current benchmark interest rate until the “two percent inflation target is sustainably achieved”, said central bank Governor Tiff Macklem while discussing the Monetary Policy Report (MPR) in a teleco.....

Coronavirus Spikes Canada’s Fiscal Deficit To C$ 343.2 Billion; Markets Tread Cautiously
July 09, 2020 12:00 PM AEST| By Team Kalkine MediaSummary Canada’s fiscal deficit soared to C$ 343.2 billion or nearly 16% of the economic output as the spending on coronavirus-related programs went up Much of the COVID support will be financed through new C$ 409 billion bond programs M.....

How Volatility in Global Stock Markets is Helping Gold Prices?
May 16, 2020 05:50 PM AEST| By Team Kalkine MediaGold is traditionally considered by investors as a safe investment, especially during a time of recession with high risks of inflation and exchange rates depreciating. The current price of gold is indicated in terms of currency. And the current price...

Learn the art of investing during a bear market - Warren Buffet’s style
April 19, 2020 02:29 AM AEST| By Hina ChowdharyThe investors seem to struggling and looking for safer and attractive bets to smoothly glide through the vexing roller coaster ride of the stock market volatility. The businesses are bedevilled by the marring impact of the coronavirus that has shoved...