US President Donald Trump continues to aggressively call on the Federal Reserve to lower what he deems too-high interest rates. Trump occasionally takes his criticism to the level of insults and verbal assaults on the Fed and Chairman Jerome...
The Japanese economy is facing a unique set of challenges. Top among them is a consistently low inflation level that stubbornly remains way below the Bank of Japan’s two-percent target. A second challenge is the falling exports compared to...
A looming recession is casting a shadow over Europe’s powerhouse the German economy. The country’s export-reliant sectors are increasingly feeling the effects of global trade wars, mainly between China and the US, slowdown elsewhere and the rising threat of a...
The United Kingdom has entered yet another phase of high political turmoil related to the country’s separation process from the European Union. The stakes were raised when in late August, the Boris Johnson government asked the Queen to suspend the Parliament on September 9–12 and make her speech on October 14.
US Federal Reserve is kicking off its annual two-day conference in Jackson Hole, Wyoming this week, starting Thursday.
Global oil prices entered into a plunge as the earlier supply-related concerns now turned into fears of lower demand with the Sino-US trade war appearing to extend into the rest of the year, if not the next one. The downward movement is already perceived to be a bear market by some market participants. Coming down to the vicinity of the 50 dollar level, Brent prices have fallen over 20 percent in the past four months.
Prospects of the United Kingdom leaving the European Union without sealing a withdrawal and post-departure trade deal have dangerously risen since the coming to power of one of the key architects of Brexit, Boris Johnson at Number 10.
Frenchwoman Christine Lagarde is set to succeed the long-shadowed Italian man Mario Draghi as the next European Central Bank (ECB) President.
The US Federal Reserve increased interest rates by 25 basis points 4 times in total throughout 2018, most recently in December. The rumors that Trump was pondering to dismiss FED President Powell disturbed the markets. Another issue the markets were focused on was Fed’s pledge to be patient about future interest rate hikes after the January meeting. Fed Chairman Jerome Powell’s dovish statements played a decisive role in the market movements for some time. However, the FED announced a reduction in pace as it prepares to end the balance sheet downsizing.
The United States and China have agreed to a second ceasefire in their long-running trade war at the G20 summit in Japan’s Osaka in the late June 2019, which has pumped optimism to the world markets from Asia to America. US President Donald Trump's and his Chinese counterpart Xi Jinping’s decision was relieving.