Trump Takes Final Shots at Beijing
Outgoing US President Donald Trump is taking his final shots at the Chinese Communist administration during a transition period as he does not admit defeat after losing the election to his democratic rival Joe...
While the coronavirus pandemic paralyzed all economies in operation in March, factories have been quiet in most parts of Europe and Asia, and the world has entered a deep recession.
A series of purchasing managers index (PMI) published on Wednesday...
Biden cabinet
With the promise of bringing America back to the global stage as a leader, US President-Elect Joe Biden is about to announce the names that will form his cabinet, even though President Donald Trump continues to refuse concession.
Biden...
Four years after Donald Trump’s surprise presidential victory shook the markets, investors are preparing for short-term but harsh and fluctuating trade turmoil and major long-term policy changes on the eve of Tuesday’s US election.
US presidential election
Investors around the world...
Canadian Prime Minister Justin Trudeau’s ruling Liberal Party is on course to remain in power after the initial results of the Monday elections showed it winning 156 out of 338 seats in the federal parliament.
Minority Gov on the Horizon
This situation requires...
The US Federal Reserve slashed interest rates on Wednesday for the second time this year and since 2008, largely in response to worries stemming from a global growth slowdown and the trade war between the US and China.
Powell Emphasizes...
US Federal Reserve Chair Jerome Powell met with President Donald Trump during an “informal” dinner on Monday evening and Treasury Secretary Steven Mnuchin at the White House, the central bank said. It was “to discuss recent economic developments and...
UK Parliament’s Speaker John Bercow moved to block Prime Minister Theresa May’s Brexit plans on Monday when he ruled that the PM could not put her EU divorce up for vote for the third time without a fundamental change.
Remember,...
This week, the markets will be focusing on a series of data sets with speeches by the chiefs of the Fed and BoE, interest rate decisions of central banks such as CBRT, RBNZ, and SNB, local elections in Italy,...
US Federal Reserve Chair Jerome Powell on Wednesday spoke against the possibility of negative interest rates for the US economy.
Powell Pushes Back Against Negative Rates
Powell’s remarks at the congressional Joint Economic Committee seemed to go against President Donald Trump’s...
