Trading | August 31

Via GEFIRA, Italy’s economic growth is decelerating, which is even more inevitable in view of the country’s population decline. It looks as if the Italian business cycle had reached its peak in 2017, with a meagre 1.5% growth rate, and is

Read More

Trading | August 31

For years, in fact for the duration of the US dollar’s use as a global carry currency, Emerging Markets – especially those with a currency peg – were a welcome destination for yield starved US investors who found an easy source

Read More

Trading | August 31

Authored by former German foreign minister Joschka Fischer via Project Syndicate, When the Republic of Turkey emerged from the wreckage of the Ottoman Empire after World War I, its national ambition was to join Europe as a modern, secular state. But

Read More

Trading | August 31

It is a sea of red on trader screens this morning with U.S. equity futures modestly lower on the last trading day of the month, after European and Asian shares fell following Trump’s latest comments on trade. Emerging Markets were hit

Read More

Trading | August 31

Despite four rate hikes by the Bank of Indonesia since May, the Indonesia’s rupiah slid to a two-decade low, falling to 14,750 per dollar, a level last hit during the Asian Financial Crisis of 1998, and just shy of an all

Read More

Trading | August 30

President Donald Trump threatened that he could begin joint military exercises with South Korea and Japan that will be “far bigger than ever” if progress stalls on North Korea nuclear talks. Trump also blamed Beijing for the lack of progress on North

Read More

Trading | August 30

For the first time, FX traders are grappling with wilder swings from China than Europe. As Bloomberg notes, the offshore yuan has been more volatile than the euro all month after first overtaking the shared currency in July, according to 30-day realized data. And while

Read More

Trading | August 30

It may be time to set aside the long-running Trump-Bezos feud: a new war of words has erupted involving the world’s richest person, and this time his adversary is none other than the polar ideological opposite of President Trump – socialist

Read More

Trading | August 30

The rally that saw US stocks hit a record high for 4 consecutive sessions took a breather overnight as S&P futures and European stocks followed Asian shares lower on Thursday, as trade and geopolitical concerned re-emerged, hurting bullish sentiment. Stock markets

Read More

Trading | August 30

Trump’s hard ball negotiating tactics appear to be bearing some fruit, with Politico reporting that Brussels is willing to scrap tariffs on all industrial products, including cars, in trade talks with the United States, EU trade chief Cecilia Malmström said Thursday.

Read More