Market Updates

“The Debate …”

Nov 22nd, 2019

Prime Minister Boris Johnson shook hands with his rival, opposition Labour leader Jeremy Corbyn, during a live television debate on Tuesday.  Both men agreed to improve the tone of Britain’s political debate.  Johnson doubled down on his Brexit promises on Tuesday,

“Trade Talks And Trump At The New York Economic Club …”

Nov 15th, 2019

President Donald Trump said on Saturday that the US-China trade talks were moving along “very nicely” but more slowly than he would have liked.  He also said that there had been incorrect reporting about the US willingness to lift tariffs. 

“Lagarde’s First Speech As ECB President…”

Nov 8th, 2019

Christine Lagarde delivered her first speech as President of the European Central Bank on Monday.   In her speech she did not make reference to monetary policy.  She honoured the commitment of  former German Finance Minister Wolfgang Schaeuble’s …

“Britain To Hold Election In December…”

Nov 1st, 2019

The European Union has agreed on Monday to delay Brexit until 31st January, said Donald Tusk, the bloc’s chairman. “The EU27 has agreed that it will accept the UK’s request for a Brexit flextension until 31st January 2020.”…

“Mario Draghi’s Final News Conference As President Of The ECB…”

Oct 25th, 2019

European Central Bank President Mario Draghi chaired his final news conference on Thursday after an eight-year tenure at the bank.  It was not the grande finale he was hoping for as he stood in the same place he started whereby he tried …

“BREXIT: New Deal With The EU…”

Oct 18th, 2019

Prime Minister Boris Johnson on Thursday in a tweet said that Britain and the EU had agreed a “great” new Brexit deal and urged lawmakers to approve it at the weekend.  He further added that “Now parliament should get Brexit done on Saturday so we can move on to other priorities like the cost of living, the NHS ….. “

“Trade Talks Between US And China …”

Oct 11th, 2019

The highlight of this week was the high-level US-China trade negotiations in Washington on 10-11 October. The top trade negotiators met for the first time since late July to find a way to end the 15-month trade war.  On Thursday top US and Chinese negotiators wrapped up …

“Boris Johnson Presents His Proposals …”

Oct 4th, 2019

This week Prime Minister Boris Johnson was expected to present his proposals for an amended Brexit agreement. In his closing speech at the Conservative Party’s annual conference, Boris Johnson stuck to his hard line on Brexit. He made a final Brexit offer to the EU and said that unless the bloc compromised…

“Suspension Of Parliament By PM Johnson Was Unlawful…”

Sep 27th, 2019

After Parliament was suspended, or prorogued in the formal term, from 10th September to 14th October, the UK Supreme Court ruled on Tuesday that Prime Minister Boris Johnson’s decision to shut down parliament in the run-up to Brexit was unlawful. 

“The Attack On Crude Facilities In Saudi Arabia….”

Sep 20th, 2019

An attack on Saudi Arabia over the weekend that shut 5 percent of global crude output caused Brent crude to post its biggest intra-day percentage gain since the 1991 Gulf War.  Saudi Arabia is the world’s biggest oil exporter and the attack on state-owned producer ….

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