how will the spanish congress vote

The Spanish Congress is expected today to vote on a no-confidence vote against current Prime Minister (President of the Government) Mariano Rajoy. The motion was presented by the leader of the Socialist Party (PSOE), who has managed to assemble a shaky coalition of minority parties with enough votes to barely pass the motion - if all the members...

2018-06-01 Daniel John Grady Read more

The recent strength in the Swiss franc has extended to the point of gaining versus all major currencies, including the US dollar over the past 2 weeks. Not coincidentally, the start of this period coincided with the breakout in the drama revolving Italian politics. But there are other factors enforcing franc strength. Will the currency require c...

2018-05-24 Ashraf Laidi Read more
Macron_Legislative elections_1306

After the big victory of the centrist candidate Emmanuel Macron against the riskiest far right candidate in Europe Marine Le Pen, Europe and France are facing new risks. The presidential election is behind us, and now the parliamentary elections are under way. The parliamentary elections in France began on June 11th and will end on the 18th of...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Macron_French Election

It's Monday, the 1st of May of 2017 and the second round of the French election is less than 6 days away, where such election might change the shape of Europe once and for all. Latest Public Polls Since the end of the 1st round of the election, Macron has been leading with more than 60% of the public polls, while Le Pen was short below 40%...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Dollar Index_equities

Since the beginning of the week, the US Dollar index has been declining gradually, after last week’s upside retracement. Even though the entire economic releases from the US came in with a notable weakness this week, the US Dollar managed to retrace once again. Yesterday, Jobless Claims increased by 10K, while Philly Fed Manufacturing showed i...

2017-07-26 Nour Eldeen Al-Hammoury Read more
FE_Le Pen_CAC 40_2003

After the end of the Dutch elections last week, fears has eased in Europe, as Netherlands rejected the far-Right party. The far right party leader Geert Wilders has pledged to take the Netherlands out of the EU. However, the far-right party came in second in this election, as they got almost 20% of the votes, while the People’s Party managed to...

2017-03-20 Nour Eldeen Al-Hammoury Read more
Le Pen - French Elections _1303

The French elections are less than a month away, and so far, the uncertainty is just increasing by the days, which likely to lead to higher volatility ahead. The recent polls show that the nationalist Marine Le Pen is promising to hold a referendum on taking France out of the Euro. Investors are focusing on the process, and more importantly, th...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Deutsche bank_Brexit_0711

Since the beginning of the year, most political and economic events have been far from expectations. We can consider this year a year of surprises. With the US election a few hours away, should we be expecting another surprise? The short answer is yes. This is what we learned from this year’s events. Who Imagined Brexit? When the majority o...

2017-07-26 Nour Eldeen Al-Hammoury Read more
Equities outlook

Global equities suffered on two major factors this week. First, US economic releases came in with better than expected results, raising expectations for a rate hike by the Federal Reserve in December's meeting. Second, uncertainty toward US elections has been the main driver of the market these days, leading to a notable effect in equities as we...

2017-07-26 Nour Eldeen Al-Hammoury Read more
US Elections_Kiana_Webinar_2710

The upcoming Presidential Elections are promising to be one of the most intriguing over the last decades. Both candidates, Clinton and Trump, can potentially make enormous changes in the US Economy and create a major shift in internal politics. With two controversial candidates, the result could heavily weigh on the financial markets including ...

2016-10-31 Kiana Danial Read more