The appointment of Tito Mboweni, former SARB Governor two weeks ago was a welcome message for investors. However key challenges remain. Although his rapid role taking, Tito Mboweni struggled convincing investors during the mini budget meeting on Wednesday as the outlook appeared gloomy...
At yesterday’s MPC, ECB President Mario Draghi maintained the policy unchanged and the end of the QE program by year-end, as expected. A rise in the key rate is not expected before next autumn...
Optimism for long Turkish lira (TRY) investors appears to be a sound strategy since the release of US pastor Andrew Brunson on 12 October. The lira remains below the 6 range against the greenback and has risen 4...
The European Central Bank is expected to keep policy unchanged today. Nevertheless, in light of yesterday disappointing PMIs figure from the euro-area, one cannot exclude that Mario Draghi would shift to a more cautious tone regarding the growth outlook...
Most currency pairs continued to consolidate on Wednesday as investors already started to shift attention towards the upcoming ECB meeting...
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...
