Although previous protectionist efforts by the U.S. have weakened the dollar, Trump’s trade war rhetorics have, contrary to expectations, strengthened the dollar against a basket of major currencies. With U.S. President Donald Trump threatening to impose 10% tariffs on $200… Read More ›
interest rates
China’s central bank injects $31 billion to ease domestic liquidity as trade war looms in the horizon
The unexpected move was explained to be part of a package of measures to counteract a potential fallout from the trade conflict. On Tuesday, China’s central bank, the People’s Bank of China (PBOC), lent $31 billion (200 billion) to financial… Read More ›
Blackstone Group bids $2.3 billion for Sydney-focussed Investa Office Fund
Analysts expect property prices across Australia’s east coast to boom despite a rise in interest rates. On Monday, Investa Office Fund (IOF), a Sydney focussed company stated, they would unanimously recomend an unsolicited and non-binding offer from U.S. private equity… Read More ›
Australia’s Royal Commission begins inquiry alleged wrong-doings in the country’s financial sector
Allegations of widespread wrong-doings have plagued Australia’s finance sector since many years, adding pressure on the industry to undergo a thorough root-and branch reform. On Monday, the head of the government-backed inquiry which is delving into Australia’s finance sector to… Read More ›
U.S. Commodity Futures Trading Commission levies $70M on Deutsche Bank Securities Inc as penal
The $70 million penalty is for attempted manipulation of the USD ISDAFIX from January 2007 to May 2012. The U.S. Commodity Futures Trading Commission stated that it has ordered a filing and settling charges against Deutsche Bank Securities Inc, a… Read More ›
British economy to pick up steam on increased clarity from future relationship with EU
While its peers in advanced economies have registered double digit growth, Britain has much to do to catch up with them. Clouds on the horizon are however clearing following increased clarity on how Brexit would impact its future trade relationship… Read More ›
Nippon Life Insurance – looking to diversify its revenue streams
Nippon Life Insurance’s move is in line with the insurance industry’s efforts to divert funds into foreign corporate bonds and alternative investments, however the rise of interest rates in the U.S. is likely to pose a challenge to its strategy… Read More ›
U.S. Federal Reserve largely expected to raise interest rates on Wednesday
While the hike of interest rates is on expected grounds, its expected hint on the impact of Trump’s tax overhaul is eagerly awaited by investors. With the widely expected raise of interest rates by the Federal Reserve is likely to… Read More ›
Eurozone’s second biggest economy record’s spectacular manufacturing growth
This record breaking level of manufacturing activity can be attributed to sound economic policies undertaken by French policymakers which are now acting as the foundation for this spectacular economic growth. On Friday, as per the results of a survey, French… Read More ›
Trump’s choice for Federal Reserve’s top post could significantly impact the U.S. economy
This should be read in the context of Larry Fink, the CEO of Blackstone, the largest asset manager in the world, saying the warning signs of the U.S. economy are getting darker. In what is likely to be a bid… Read More ›