By Musabbir Mazhar In the US, the jobs report came out with non-farm payrolls increasing 20,000 for the month of February 2019, which largely falls short of market consensus expectations of 192,000 jobs. This is not good news – to put into perspective, the average job increase was 223,000 each month in 2018 and 311,000 […]
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IFRS 16 LEASES SUMMARY REPORT
This is a short summary of the new IFRS 16 lease standard. This summary is extremely helpful for identifying the parameters while making the transition to IFRS 16 (new lease standard) from IAS 17 (old lease standard).
Market Update, Wednesday, November 20, 2013
By Musabbir Mazhar European Central Bank (ECB) policymakers might take the deposit rate to -0.1% for lenders who deposit excess cash at ECB. The current deposit rate is zero. These policy talks are essentially to take guard against deflation. Jens Weidmann, the German Central Bank president will certainly oppose this policy as he does not […]
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