Following the shutdown of two major oil production fields in Libya by General Khalifa Haftar-allied armed tribes, the crude oil supply from the OPEC members spiked global oil prices to a one-week high on Monday.
Libya Effect On Oil
Brent crude...
FUNDAMENTAL OUTLOOK
US President Donald Trump's economic adviser Larry Kudlow late Thursday that Washington and Beijing were coming to the final stages in negotiations over the so-called Phase-1 of a trade agreement as the two sides remained in close contact.
Kudlow...
FUNDAMENTAL OUTLOOK
US Federal Reserve Chair Jerome Powell on Wednesday spoke against the possibility of negative interest rates for the US economy. Powell's remarks at the congressional Joint Economic Committee seemed to go against President Donald Trump's insistence for low...
FUNDAMENTAL OUTLOOK
US President Donald Trump's much-awaited speech at the Economic Club of New York on Tuesday disappointed the markets as it provided little to no new information on how the China-US talks have been faring. He repeated all the...
FUNDAMENTAL OUTLOOK
Markets on Tuesday await US President Donald Trump's speech at the Economic Club of New York.
Investors hope to hear if there is any new development in the Sino-US trade talks that both sides aim to crown with the...
FUNDAMENTAL OUTLOOK
US President Donald Trump told reporters on Saturday that talks to resolve the trade war with China were going "very nicely."
Trump said his administration would make a deal only if it was the right one for the US.
"The...
FUNDAMENTAL OUTLOOKA flow of statements from both China and the United States strongly indicated that the world’s two largest economies have reached an understanding to mutually and simultaneously cancel existing tariffs on each other’s goods as they near signing...
FUNDAMENTAL OUTLOOKChina’s commerce ministry said on Thursday that Beijing and Washington agreed in the past two weeks to simultaneously cancel existing tariffs imposed during much of the months-long trade war in different phases as talks progress.The ministry’s spokesman Gao...
FUNDAMENTAL OUTLOOK
Chinese officials said on Wednesday that China and France signed trade contracts of up to 15 billion US dollars during a visit by President Emmanuel Macron to Shanghai where he attended an international import expo fair. Aeronautics, energy...
FUNDAMENTAL OUTLOOKBank of Japan Governor Haruhiko Kuroda said on Tuesday that the ultra-low interest rates created by the central bank under his rule makes fiscal spending more powerful. There is a global debate on whether governments need to step...
