The forex market promises to be turbulent in the near term. On Monday, with investors shying away from taking any big position ahead of the central bank monetary policy meetings this week, currencies in the forex market stuck to familiar… Read More ›
Geopolitics
Sky TV Poll shows majority of British voters think Brexit would be bad for the country’s economy
The nationally representative sample throws light on what British voters want out of the Brexit deal. On Monday, as per the results of a Sky TV poll, 50% of British voters support a referendum for choosing between leaving the European… Read More ›
Deutsche Bank re-routes euro clearance to Frankfurt from London
Although this is largely a symbolic move, it marks a significant increase in the market share of its clearing division. On Monday, Deutsche Bank’s spokesman confirmed that it has moved a “large part” of its euro clearing activity from London… Read More ›
Heatwave Made ‘Twice As Likely’ By Climate Change Because Of Human Activities
Scientists have claimed that the current Europe-wide heatwave has been made twice more likely to reoccur because of climate change because of human activities. The conclusion was arrived at following comparison of the present high temperatures with the historical data… Read More ›
While Questions On Soy Remain, There Is Ease In U.S.-Europe Trade Tensions: Germany
German Agriculture Minister Julia Kloeckner said on Saturday that there has been some improvement in the trade relationship between the United States and Europe. But Kloeckner also added that the quantity of soybeans that Washington expects would be bought by… Read More ›
Price Of BMW’s US-Made X5 And X6 SUVs Sold In China Increased Due To Trade War
In order to cover up with the additional costs of tariffs on US car imports into the world’s biggest automobile market, the prices of two US-made crossover sport-utility vehicles in China has been announced to be raised by German carmaker… Read More ›
BRICS Resolution Against Protectionism Supported By S. African Business Community
The business community of South Africa have come out strongly in support of the BRICS resolution taken that opposes policies of trade protectionism and which proposes the adoption of rules based on multilateralism. This was the outcome of a high-level… Read More ›
China to invest more in infrastructure to offset trade war impacts on its economy
Chinese policymakers have ample room to boost fiscal outlays in government spending, with one of the options being sprucing up much-needed urban facilities, including parking lots and retirement homes, rather than plough in funds in mega projects. According to Chinese… Read More ›
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 ›