American-Iran relations have been progressively deteriorating since US President Donald Trump withdrew in May 2018 from his predecessor Barack Obama’s signature foreign policy achievement of the Iran nuclear deal between Tehran and world powers.
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.
The European Central Bank laid forward its most recent pathway after its policy meeting on Thursday. President Mario Draghi ruled out any post-crisis rate hikes for at least the first half of 2020 but also did not join a bandwagon of central banks setting out for rate cuts. The ECB instead insisted on engaging in asset purchases in order to support the slowing Eurozone economy.
A protracted trade war between the world’s two largest economies, China and the US, continues to frighten markets and investors around the globe. As such it has added much to the appeal of the precious metal as the world’s favorite safe-haven investment.
The US decision to end the sanctions waivers for eight major Iranian oil consumer countries came into force today. US Secretary of State had earlier announced that that the Trump administration aims to reduce Iranian oil exports to zero.
US Federal Reserve is kicking off its annual two-day conference in Jackson Hole, Wyoming this week, starting Thursday.
The United States is all but ready to slap sanctions on Turkey unless the latter cancels its purchase of S-400 missiles from Russia until the first week of June, raising stakes in the already high tensions between the two NATO allies.
While US President Donald Trump’s at times flaring unpredictably erratic behavior risks a derailment of the talks - even as the world’s two largest economies and trade partners signal an imminent deal, we at the Limit Markets take a look at the figures and reasons why along with a timetable of important turns in this saga with global ramifications.
With the announcement of Prime Minister Theresa May on Friday that she is resigning on June 7 from the leadership of the ruling Conservative and Unionist Party along with the country’s premiership, the contest has opened for a new name to lead the Tories and the United Kingdom.
Turkey continues to grapple with fierce US objection to its purchase of S-400 defense system acquisition from Russia. In Turkey, where a neutral monetary policy is in charge, US pressure on Ankara to cancel the buying of Russian missiles is changing the market direction.