Amidst lower Iranian exports, oil prices are dropping, pushed by mounting tensions between Saudi Arabia and the US in the wake of the Khashoggi murder. Brent Crude is below USD 80/barrel while WTI trades below USD 70, both under last weekend’s levels...
Is the next crisis finally here? Asian equities erased yesterday, with Chinese markets bearing the brunt. The CSI 300 fell 2.66%, while Hong Kong’s Hang Seng gave up 3.13%. In Europe, equities are also blinking red: the EuroSTOXX 600 fell 1...
Despite a slowdown in economic growth, investors remain optimistic, pushing Chinese shares higher. The slowdown in 3Q GDP growth published last Friday at 6...
On Monday morning, Italian equities surged across the board, with financials rising the most, while treasury yields fell to a 1-month low. Last Friday, Moody’s Investors Service cut the country credit rating to Baa3, one notch above junk, amid rising concerns over Italy’s eroding fiscal strength...
Учитывая сегодняшние потребности клиентов, компания Huobi модернизировала свой профессиональный мультчейновый кошелёк Huobi Wallet, внедрив поддержку шести дополнительных стейблкоинов...
The Chinese economy expanded in Q3 by 6.50% yearly and 1.60% quarterly (prior: 6.70%, 1.80%), signalling a slowdown in growth, driven by weakness in manufacturing...
The Japanese economy faces strong impediments, starting with the trade war between Washington and Beijing, which eventually affects Tokyo's export industry, but also the impact of typhoon Trami, which caused further disruption of production and distribution channels in the western area and thus c...
As broadly expected the minutes of September’s FOMC minutes were extremely boring and didn’t add much information...
The European Council Meeting in Brussels starts today and Brexit negotiations will resume at night. Now the arrangement lies in the hands of all 27 EU members that will vote tomorrow. Further progress today is not expected...
Even after raising interest rates during its MPC (Monetary Policy Committee) on 13 September, the CBRT (Central Bank of Turkey) failed to convince market participants sufficiently. Key issues relating to spreading inflation, shown by the September CPI (Consumer Price Index) at 24...
World equities idled on the first trading of the week as investors continued to have mixed feelings. Half of Europe's markets ended wearing green, while the other half headed lower. In the US, only the Russell 2000 – a small-cap stock index – was able to keep its head above water as it rose 0.41...
British pound optimism is over. EU chief negotiator Michel Barnier’s optimistic rhetoric is now sounding more concerned. After meeting with Brexit Secretary of State Dominic Raab in a one-hour meeting on Sunday, the tone of the negotiations has drastically changed...
After a painful last week, equities fell further on Monday with Asian markets blinking red across the screen. The Nikkei fell 1.87%, while Hong Kong’s Hang Seng slid 1.50...
China’s trade surplus with the US continues to reach record highs, at USD 34 billion in September from August’s USD 31 billion. It’s probably unsustainable, as the Trump Administration’s tariffs on USD 200 billion of Chinese goods went live on 24 September...
USDJPY spent the summer recoupling with interest rates. The JPY weakness helped the Nikkei rise nearly 2000 point in September. Yet, recent risk-sell which strengthened JPY, has eliminated most of the early gains...
The South African rand is still under pressure. Economic growth remains sluggish, while inflation continues to overshoot a target of 3-6...
The single currency has been unable to reverse the greenback’s strong momentum yet. EUR/USD is stuck below the 1.15 threshold, as investors remain worried about the potential negative outcome of the clash between Italy and the EU regarding the Italian budget...
As US sanctions against Iran crude exports are approaching, exports from the Islamic Republic are slowing down...
Markets are nervously watching US rates. 10-year yields are now at 3.25% (climbing over 80 bps in a month) with little sight of weakening. 2-year yields are stuck around 2.87%. The economy is growing at 3.2-3.5% with no real loss of momentum...
