Global escalation of trade wars

Last week   Trade wars are back! Last Thursday, the US deadline for negotiating import tariffs with China amounted to 25% for goods worth up to $200 billion is over. However, there was no agreement or announcement. On the other hand, the US President Donald Trump warned against even stronger increases in tariffs, for goods […]

NAFTA – Yes or No?

Last week Earlier in the week, markets were optimistic when US President Donald Trump announced the free trade agreement with Mexico. The so-called Free Trade Agreement, NAFTA, includes the US, Mexico and Canada. Donald Trump considers current trade relations between countries to be unfair and disadvantageous to the United States and is therefore opposed to […]

The Turks are worrying the whole world

Last week   The Turkish economic crisis made headlines in the market throughout the entire week. The Turkish Lira has dropped to its record minimum against the greenback, but it managed to significantly recover parts of its losses. There are many reasons of the current economic problems of Turkey, especially the move of the US […]

What stance will RBA & RBNZ take?

Last week Last week was in the hands of the world’s central banks. First, the Bank of Japan left the interest rate unchanged at negative -0.10% and signalled greater flexibility in the long-term bond yield target. Then, the US Fed, as expected, also kept its rates unchanged, but the Bank of England was less surprising […]

Bustling week of interest rates

Last week Last week, US President Donald Trump met with European Commission President Juncker on a free trade agreement talks between the US and the European Union. This meeting seemed to be a success, and both parties agreed to suspend the trade war and voiced their determination to demolish most tariffs and taxes for a […]