Australia

Australia Central Bank Warns "High Debt Levels Are Affecting Household Spending"

"It is possible that continuing rises in indebtedness, partly as a result of low interest rates, increase the fragility of household balance sheets. If so, then at some point in the future, households having decided that they had borrowed too much, might cut back consumption sharply, hurting the overall economy."

Google Nation - Visualizing The World's Most Valuable Brands

The world’s most valuable brand is owned by a company that you likely interact with every day. In fact, you may have even gotten to this web page using it. That brand is Google – and it dominates the internet with a 64% market share in search, while generating 41% of all digital advertising revenue globally...

Government Knows Best - Junk Food Ban Goes Global

One small problem has emerged as a Nanny State in the Pacific islands considers banning imported sugary foods to combat their obesity epidemic..."No country in the world has been able to demonstrate reductions in its obesity prevalence, so we’re not that different...It’s just that our levels are higher to start with.”

People Are Suddenly Worried About China (Again)

While Trump seemingly remains the only topic worthy of discussion blanketing the airwaves, as the following chart from Goldman demonstrates, it has been China where policy uncertainty has stealthily exploded in the past three months.

Exposing The 9 Fakest Fake-News Checkers

"Trust us," they say. "We’ll help you navigate Facebook and filter out the fake news stories,” they promise. But just who are these self-appointed gatekeepers who claim to be the ultimate arbiters of what is or is not “fake news”?

The Week's Key Economic And Financial Events

In this holiday-shortened week, attention will be on the US FOMC minutes, housing data and consumer confidence. There will be GDP, PMI and inflation releases across the Euro Area as well as the latest Greek Eurogroup meeting. Look for GDP and public finances data in the UK.