Following the comment from the chief financial officer of Facebook that the revenue growth of the company would “continue to decelerate in the second half of 2018”, the shares of the company tumbled by more than 20 per cent during… Read More ›
Day: July 26, 2018
An All-Out Trade War Between US And EU Averted After Trump-Junker Meet
Following talks between United States president Donald Trump European Commission chief Jean-Claude Juncker, both the parties reached an agreement to avoid an all-out trade war and continue efforts to lower tariffs. Trump described the talks as being “a very strong… Read More ›
The ECB’s options vis-a-vis its bond buying program
The following is an interesting take on the options available to the ECB on ways to stimulate economic growth and curate inflation in the Eurozone. The European Central Bank is likely to maintains its stimulus policy on Thursday, given the… Read More ›
Reason prevails: Trump avoids opening second front in trade wars
The deal reached between Junker and Trump is likely to be the foundation for formal agreements between the EU and the US based on WTO guidelines. In a significant development, the meeting of the European Commission President Jean-Claude Juncker with… Read More ›
Crude oil prices jump after Saudi Arabia temporarily suspends shipments through the Bab al-Mandeb strait
Yemen backed Iran-aligned Houthi movement attacked two of its Very Large Crude Carriers, one of which suffered minor damages. With Saudi Arabia, the world’s largest producer of crude oil, suspending the shipment of crude through the strategic Red Sea shipping… Read More ›