China has had enough! Blasting looming U.S. tariffs of 10% on a further $300 billion of Chinese imports, exclaiming it too be a violation of the accords reached between President Trump and President Xi Jinping. China has reached out to the World Trade Organization...read more
Huge push to the upside for the pound, on the smaller time frame. With the pound pushing past the 1.2111 mark and climbing. Are things finally looking up for the Pound? Looking at the weekly time-frame it's still looking bleak. With an overall downward trend for the...read more
The United States Government has agreed to postpone the 10% tariffs on Chinese goods following the claim of Beijing manipulating the yuan and labelling China as a currency manipulator. China has complained to the World Trade Organization (WTO) to help determine the...read more
Recent trade tensions and stock prices falling by six percent in merely two trading days have generated much uncertainty surrounding the US dollar. This has been observed with the recent decline in the dollar market prices. Individuals are looking to invest their...read more
Thursdays, session saw Oil prices surge, recovering from a seven-month- low, in the previous session, investors’ expectations that OPEC would reduce output further to support the market. Prices have been under pressure amid an ongoing trade dispute between the two...read more
Fear of trade wars and global economic growth coming to a halt is prompting monetary policy actions around the globe. The market was met with a huge policy shock when New Zealand’s central bank announced an interest rate cut of 50 basis points. Double the expected...read more
The United States Treasury Department has officially labeled China a currency manipulator, following Chinas’ central back allowing the yuan to drop below 7 yuan per dollar in retaliation to the new tariffs on its imports. The yuan has weakened to its lowest point in...read more
The ongoing trade war between China and the US has recently created a lot of uncertainty in the market. However, many individuals are unaware of what tariffs are and how they will affect personal wellbeing. In laymen’s terms, a Trade Tariff is a tax levied on a...read more
Wealthiest 500 individuals on Earth took a massive loss of 2.1% of their collective net worth on Monday, following the drop of the S&P 500 share price. More than twenty members of the Bloomberg Billionaires Index lost $1 billion or more. With Jeff Benzo’s, the...read more
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