Market Updates

“Goods To Hit With Tariffs…”

Apr 18th, 2019

The United States and the EU have been battling for almost 15 years at the World Trade Organisation over subsidies given to US plane maker Boeing and Airbus, its European rival.

“Extension To 31st October …”

Apr 12th, 2019

A deadline of 31st October was given to Britain to leave, with a deal or no deal, on the condition that May holds an election on 23rd May, to return British members to a new European Parliament that convenes in July …

“US-China Close To A Trade Deal? …”

Apr 5th, 2019

After meetings in Beijing last week, China and the US are in intense negotiations to end months of trade war that has rattled US global markets.  Chinese Vice Premier Liu He met with President Donald Trump in the White House with the goal to reach an agreement on core issues.  

“Brexit Final Call…”

Mar 29th, 2019

British lawmakers voted on Monday to seize control of Brexit for a day in a usual bid to find a way through the Brexit impasse after Prime Minister Theresa May Divorce was rejected again.

“Brexit: Two-Week Reprieve …”

Mar 22nd, 2019

Nearly three years after Britain voted narrowly to leave the European Union, its departure is uncertain. On Wednesday, Theresa May asked for at least three-months delay to Brexit to buy time to get her twice rejected divorce deal through parliament.

“Brexit Latest News…”

Mar 15th, 2019

Prime Minister Theresa May won legally binding Brexit assurances from the EU on Monday as she rushed to Strasbourg to agree additional assurances with European Commission President Jean-Claude Juncker. May promised lawmakers a vote on her deal on Tuesday. The motion put forward by the government said that the joint instrument “reduces the risk” that the United Kingdom would be trapped in the backstop.

“ECB Meeting …”

Mar 8th, 2019

In an ECB meeting held on Thursday it was decided that interest rates will remain at record lows at least through the end of this year. In addition it launched a new Targeted Long-Term Refinancing Operation partly aimed at helping banks roll over 720 billion euros in existing ECB loans and avoid a credit squeeze that could further worsen the current economic slowdown.

“Summit In Vietnam…”

Mar 1st, 2019

North Korean Leader Kim Jong Un arrived in Vietnam on Tuesday for a summit with US President Donald Trump. The aim of the summit was to denuclearise the Korean peninsula. The summit however ended earlier with US President Trump walking away. Trump said the summit ended without a deal because the two differed on sanctions.

“Trade Talks Between US And China…”

Feb 22nd, 2019

A new round of talks started in Washington on Tuesday between the US and China to resolve the trade war, followed by higher level talks on Thursday and Friday.

“UK Economy At Its Weakest Since 2012 …”

Feb 15th, 2019

In late 2018, the British economy has slowed sharply pushing annual growth to a six-year low. Uncertainty over Brexit had an impact on the business investment and a slowdown in the global economy weighed on trade, data showed on Monday.

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